Depreciation
The depreciation graph and accompanying table on our page detail how the 2023 VOLVO S90'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) 2023 VOLVO S90 in 2023 was $58,940.
The average price for used 2023 VOLVO S90 nowadays in 2024 is $50,717 which is 86% from the original price.
Estimated mileage driven per year is 11,123 miles.
The graph below is a depreciation curve for 2023 VOLVO S90. 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 2023 VOLVO S90 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 | ||
|---|---|---|---|---|---|---|
| 2023 MSRP | 0 mi | $58,940 | — | — | 100% | 0% |
| 2024 | 22,246 mi | $50,717 | +$0 | +0% | 86.05% | 13.95% |
| 2025 | 33,369 mi | $41,900 | +$8,817 | +17.38% | 71.09% | 28.91% |
| 2026 | 44,492 mi | $37,493 | +$4,407 | +10.52% | 63.61% | 36.39% |
| 2027 | 55,615 mi | $33,896 | +$3,597 | +9.59% | 57.51% | 42.49% |
| 2028 | 66,738 mi | $26,344 | +$7,552 | +22.28% | 44.7% | 55.3% |
| 2029 | 77,861 mi | $22,959 | +$3,385 | +12.85% | 38.95% | 61.05% |
| 2030 | 88,984 mi | $20,000 | +$2,959 | +12.89% | 33.93% | 66.07% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the VOLVO S90’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 2023 VOLVO S90. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2023 VOLVO S90 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $48,541 | 28 sales |
| 10,000 mi | $51,500 | 21 sales |
Frequently asked questions
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
Proper maintenance and good condition can slow the depreciation of a 2023 VOLVO S90 by making it more attractive to potential buyers, thereby preserving more of its value.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
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.
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
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.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Other years of VOLVO S90
2017 VOLVO S90
$20,000 average used price
10,600+ sales records
2018 VOLVO S90
$22,959 average used price
25,400+ sales records
2019 VOLVO S90
$26,344 average used price
5,400+ sales records
2020 VOLVO S90
$33,896 average used price
4,600+ sales records
2021 VOLVO S90
$37,493 average used price
1,200+ sales records
2022 VOLVO S90
$41,900 average used price
590+ sales records
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2023 VOLVO S90 on BADVIN
