Depreciation
The depreciation graph and accompanying table on our page detail how the 2009 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) 2009 VOLVO V70 in 2009 was $8,995.
The average price for used 2009 VOLVO V70 nowadays in 2024 is $6,995 which is 78% from the original price.
Estimated mileage driven per year is 9,828 miles.
The graph below is a depreciation curve for 2009 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 2009 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 | ||
|---|---|---|---|---|---|---|
| 2009 MSRP | 0 mi | $8,995 | — | — | 100% | 0% |
| 2023 | 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 2009 VOLVO V70. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2009 VOLVO V70 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 90,000 mi | $10,297 | 13 sales |
| 115,000 mi | $7,997 | 10 sales |
| 120,000 mi | $7,145 | 14 sales |
| 125,000 mi | $7,699 | 17 sales |
| 135,000 mi | $7,477 | 15 sales |
| 160,000 mi | $6,990 | 21 sales |
Frequently asked questions
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.
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.
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.
Aftermarket modifications can affect the depreciation of 2009 VOLVO V70 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
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.
Other years of VOLVO V70
1999 VOLVO V70
$2,598 average used price
320+ sales records
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
2008 VOLVO V70
$7,875 average used price
760+ sales records
2010 VOLVO V70
$11,125 average used price
430+ sales records
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2009 VOLVO V70 on BADVIN
