Depreciation
The depreciation graph and accompanying table on our page detail how the 2004 VOLVO V70'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) 2004 VOLVO V70 in 2004 was $8,995.
The average price for used 2004 VOLVO V70 nowadays in 2024 is $5,000 which is 56% from the original price.
Estimated mileage driven per year is 9,828 miles.
The graph below is a depreciation curve for 2004 VOLVO V70. 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 2004 VOLVO V70 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 | ||
|---|---|---|---|---|---|---|
| 2004 MSRP | 0 mi | $8,995 | — | — | 100% | 0% |
| 2018 | 147,420 mi | $11,125 | +$0 | +0% | 123.68% | -23.68% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the VOLVO V70’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 2004 VOLVO V70. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2004 VOLVO V70 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 60,000 mi | $18,950 | 39 sales |
| 70,000 mi | $6,700 | 11 sales |
| 75,000 mi | $7,795 | 18 sales |
| 80,000 mi | $6,995 | 11 sales |
| 85,000 mi | $6,995 | 11 sales |
| 90,000 mi | $6,300 | 21 sales |
| 95,000 mi | $4,990 | 15 sales |
| 100,000 mi | $5,697 | 18 sales |
| 105,000 mi | $5,495 | 21 sales |
| 110,000 mi | $5,995 | 21 sales |
| 115,000 mi | $5,995 | 34 sales |
| 120,000 mi | $6,948 | 38 sales |
| 125,000 mi | $6,750 | 25 sales |
| 130,000 mi | $6,995 | 44 sales |
| 135,000 mi | $4,995 | 19 sales |
| 140,000 mi | $4,999 | 44 sales |
| 145,000 mi | $5,237 | 34 sales |
| 150,000 mi | $4,750 | 23 sales |
| 155,000 mi | $4,699 | 37 sales |
| 160,000 mi | $4,000 | 25 sales |
| 165,000 mi | $3,990 | 19 sales |
| 170,000 mi | $5,800 | 21 sales |
| 175,000 mi | $3,500 | 30 sales |
| 180,000 mi | $9,450 | 41 sales |
| 185,000 mi | $2,995 | 28 sales |
| 190,000 mi | $3,600 | 14 sales |
| 195,000 mi | $3,954 | 24 sales |
| 215,000 mi | $3,123 | 10 sales |
| 220,000 mi | $3,988 | 11 sales |
Frequently asked questions
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Buying a used car can be a great value, especially if the vehicle is part of a Certified Pre-Owned program and has been well-maintained and lightly used.
Depreciation directly affects the resale value of a 2004 VOLVO V70, with faster depreciating vehicles typically having lower resale values over time.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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.
Proper maintenance and good condition can slow the depreciation of a 2004 VOLVO V70 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.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
Other years of VOLVO V70
2000 VOLVO V70
$5,899 average used price
420+ sales records
2001 VOLVO V70
$4,950 average used price
1,300+ sales records
2006 VOLVO V70
$4,050 average used price
750+ sales records
2007 VOLVO V70
$6,695 average used price
440+ sales records
2008 VOLVO V70
$7,875 average used price
760+ sales records
2009 VOLVO V70
$6,995 average used price
270+ sales records
Similar Models
2004 VOLVO XC70
$43,825 MSRP
$5,850 average used price
1,300+ sales records
2004 VOLVO XC90
$59,325 MSRP
$4,995 average used price
2,600+ sales records
2006 VOLVO XC70
$43,825 MSRP
$5,495 average used price
1,400+ sales records
2006 VOLVO S80
$43,800 MSRP
$4,195 average used price
630+ sales records
2006 VOLVO C70
$44,100 MSRP
$6,788 average used price
400+ sales records
2007 VOLVO S80
$43,800 MSRP
$6,875 average used price
1,700+ sales records
