Depreciation
The depreciation graph and accompanying table on our page detail how the 2007 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) 2007 VOLVO V70 in 2007 was $8,995.
The average price for used 2007 VOLVO V70 nowadays in 2024 is $6,695 which is 74% from the original price.
Estimated mileage driven per year is 9,828 miles.
The graph below is a depreciation curve for 2007 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 2007 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 | ||
|---|---|---|---|---|---|---|
| 2007 MSRP | 0 mi | $8,995 | — | — | 100% | 0% |
| 2021 | 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 2007 VOLVO V70. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2007 VOLVO V70 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 70,000 mi | $9,495 | 10 sales |
| 75,000 mi | $9,991 | 11 sales |
| 80,000 mi | $8,321 | 13 sales |
| 85,000 mi | $8,900 | 14 sales |
| 95,000 mi | $7,498 | 10 sales |
| 100,000 mi | $7,850 | 13 sales |
| 110,000 mi | $8,000 | 22 sales |
| 125,000 mi | $5,995 | 18 sales |
| 130,000 mi | $6,490 | 24 sales |
| 135,000 mi | $6,450 | 23 sales |
| 140,000 mi | $6,373 | 16 sales |
| 145,000 mi | $5,245 | 12 sales |
| 150,000 mi | $5,500 | 11 sales |
| 155,000 mi | $5,972 | 17 sales |
| 160,000 mi | $6,397 | 14 sales |
| 180,000 mi | $4,490 | 14 sales |
Frequently asked questions
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
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.
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.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Aftermarket modifications can affect the depreciation of 2007 VOLVO V70 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Other years of VOLVO V70
2001 VOLVO V70
$4,950 average used price
1,300+ sales records
2002 VOLVO V70
$4,988 average used price
1,100+ sales records
2003 VOLVO V70
$4,995 average used price
310+ sales records
2005 VOLVO V70
$7,995 average used price
590+ sales records
2006 VOLVO V70
$4,050 average used price
750+ sales records
2010 VOLVO V70
$11,125 average used price
430+ sales records
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2007 VOLVO V70 on BADVIN
