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v70

2008 VOLVO V70
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2008 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) 2008 VOLVO V70 in 2008 was $8,995.
The average price for used 2008 VOLVO V70 nowadays in 2024 is $7,875 which is 88% from the original price.
Estimated mileage driven per year is 9,828 miles.
The graph below is a depreciation curve for 2008 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 2008 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.
YearAverage MileageAverage Price% Left% Lost
2008 MSRP0 mi$8,995100%0%
2022147,420 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 2008 VOLVO V70. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2008 VOLVO V70 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
55,000 mi$10,04513 sales
60,000 mi$9,94310 sales
65,000 mi$11,50011 sales
70,000 mi$8,77511 sales
75,000 mi$9,50117 sales
80,000 mi$9,94826 sales
85,000 mi$9,99517 sales
90,000 mi$7,99527 sales
95,000 mi$7,87530 sales
100,000 mi$7,37522 sales
105,000 mi$7,99535 sales
110,000 mi$7,50039 sales
115,000 mi$7,47029 sales
120,000 mi$6,99542 sales
125,000 mi$7,50021 sales
130,000 mi$6,99919 sales
135,000 mi$6,54216 sales
140,000 mi$5,99843 sales
145,000 mi$5,99921 sales
150,000 mi$6,99538 sales
155,000 mi$5,59024 sales
160,000 mi$6,98522 sales
165,000 mi$5,60514 sales
170,000 mi$4,98819 sales
180,000 mi$4,99511 sales
185,000 mi$4,75014 sales
Frequently asked questions
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
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 expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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.
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.
Aftermarket modifications can affect the depreciation of 2008 VOLVO V70 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Depreciation directly affects the resale value of a 2008 VOLVO V70, with faster depreciating vehicles typically having lower resale values over time.
Other years of VOLVO V70
v70
2001 VOLVO V70
$4,950 average used price
1,300+ sales records
v70
2002 VOLVO V70
$4,988 average used price
1,100+ sales records
v70
2003 VOLVO V70
$4,995 average used price
310+ sales records
v70
2004 VOLVO V70
$5,000 average used price
1,300+ sales records
v70
2009 VOLVO V70
$6,995 average used price
270+ sales records
v70
2010 VOLVO V70
$11,125 average used price
430+ sales records
Similar Models
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2007 VOLVO S80
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s60
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$40,505 MSRP
$4,995 average used price
1,600+ sales records
s40
2009 VOLVO S40
$29,725 MSRP
$6,894 average used price
1,600+ sales records
s40
2010 VOLVO S40
$29,725 MSRP
$6,871 average used price
2,300+ sales records
s80
2010 VOLVO S80
$43,800 MSRP
$7,000 average used price
2,800+ sales records
xc70
2010 VOLVO XC70
$43,825 MSRP
$8,995 average used price
3,100+ sales records
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