Depreciation
The depreciation graph and accompanying table on our page detail how the 2008 VOLVO S80's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2008 VOLVO S80 in 2008 was $43,800.
The average price for used 2008 VOLVO S80 nowadays in 2024 is $5,995 which is 14% from the original price.
Estimated mileage driven per year is 10,143 miles.
The graph below is a depreciation curve for 2008 VOLVO S80. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2008 VOLVO S80 in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2008 MSRP | 0 mi | $43,800 | — | — | 100% | 0% |
| 2016 | 91,287 mi | $13,997 | +$0 | +0% | 31.96% | 68.04% |
| 2017 | 101,430 mi | $13,899 | +$98 | +0.7% | 31.73% | 68.27% |
| 2018 | 111,573 mi | $15,579 | −$1,680 | −12.09% | 35.57% | 64.43% |
| 2019 | 121,716 mi | $10,987 | +$4,592 | +29.48% | 25.08% | 74.92% |
| 2020 | 131,859 mi | $9,993 | +$994 | +9.05% | 22.82% | 77.18% |
| 2021 | 142,002 mi | $8,496 | +$1,497 | +14.98% | 19.4% | 80.6% |
| 2022 | 152,145 mi | $7,000 | +$1,496 | +17.61% | 15.98% | 84.02% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the VOLVO S80’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2008 VOLVO S80. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2008 VOLVO S80 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 35,000 mi | $12,248 | 12 sales |
| 45,000 mi | $9,984 | 16 sales |
| 55,000 mi | $10,799 | 23 sales |
| 60,000 mi | $9,488 | 20 sales |
| 65,000 mi | $8,988 | 25 sales |
| 70,000 mi | $7,971 | 34 sales |
| 75,000 mi | $8,726 | 27 sales |
| 80,000 mi | $7,362 | 26 sales |
| 85,000 mi | $7,500 | 45 sales |
| 90,000 mi | $7,900 | 61 sales |
| 95,000 mi | $7,266 | 65 sales |
| 100,000 mi | $6,988 | 82 sales |
| 105,000 mi | $6,995 | 85 sales |
| 110,000 mi | $6,500 | 73 sales |
| 115,000 mi | $6,900 | 61 sales |
| 120,000 mi | $5,999 | 81 sales |
| 125,000 mi | $6,591 | 63 sales |
| 130,000 mi | $5,796 | 94 sales |
| 135,000 mi | $6,000 | 64 sales |
| 140,000 mi | $5,800 | 75 sales |
| 145,000 mi | $5,950 | 58 sales |
| 150,000 mi | $5,500 | 65 sales |
| 155,000 mi | $5,495 | 75 sales |
| 160,000 mi | $5,492 | 52 sales |
| 165,000 mi | $4,995 | 45 sales |
| 170,000 mi | $4,995 | 28 sales |
| 175,000 mi | $4,990 | 23 sales |
| 180,000 mi | $4,787 | 30 sales |
| 185,000 mi | $4,989 | 16 sales |
| 190,000 mi | $4,525 | 14 sales |
| 195,000 mi | $3,999 | 11 sales |
| 200,000 mi | $4,250 | 12 sales |
| 205,000 mi | $3,598 | 11 sales |
| 210,000 mi | $3,995 | 11 sales |
Frequently asked questions
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Depreciation directly affects the resale value of a 2008 VOLVO S80, with faster depreciating vehicles typically having lower resale values over time.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
The average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
Other years of VOLVO S80
2001 VOLVO S80
$4,988 average used price
430+ sales records
2009 VOLVO S80
$5,573 average used price
1,700+ sales records
2012 VOLVO S80
$9,993 average used price
1,700+ sales records
2013 VOLVO S80
$10,987 average used price
1,200+ sales records
2015 VOLVO S80
$13,899 average used price
1,700+ sales records
2016 VOLVO S80
$13,997 average used price
860+ sales records
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