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2020 VOLVO XC40
Depreciation & Resale Value


The depreciation graph and accompanying table on our page detail how the 2020 VOLVO XC40'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) 2020 VOLVO XC40 in 2020 was $45,155.
The average price for used 2020 VOLVO XC40 nowadays in 2024 is $26,982 which is 60% from the original price.
Estimated mileage driven per year is 9,807 miles.
The graph below is a depreciation curve for 2020 VOLVO XC40. 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 2020 VOLVO XC40 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
2020 MSRP0 mi$45,155100%0%
20209,807 mi$44,500+$655+1.45%98.55%1.45%
202119,614 mi$39,000+$5,500+12.36%86.37%13.63%
202229,421 mi$33,000+$6,000+15.38%73.08%26.92%
202339,228 mi$31,790+$1,210+3.67%70.4%29.6%
202449,035 mi$26,982+$4,808+15.12%59.75%40.25%
202558,842 mi$25,000+$1,982+7.35%55.36%44.64%

Price vs Mileage

Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the VOLVO XC40’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 2020 VOLVO XC40. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2020 VOLVO XC40 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
5,000 mi$35,99893 sales
10,000 mi$35,399359 sales
15,000 mi$34,211596 sales
20,000 mi$33,662930 sales
25,000 mi$32,893966 sales
30,000 mi$32,488959 sales
35,000 mi$31,491743 sales
40,000 mi$30,279527 sales
45,000 mi$28,998309 sales
50,000 mi$28,287220 sales
55,000 mi$27,688189 sales
60,000 mi$26,500135 sales
65,000 mi$25,33394 sales
70,000 mi$25,62961 sales
75,000 mi$24,45873 sales
80,000 mi$23,99527 sales
85,000 mi$23,99832 sales
90,000 mi$22,99543 sales
95,000 mi$22,49915 sales
Frequently asked questions
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.
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.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
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.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
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.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
Other years of VOLVO XC40
2019 VOLVO XC40
$25,000 average used price
26,800+ sales records
2021 VOLVO XC40
$31,790 average used price
22,900+ sales records
2022 VOLVO XC40
$33,000 average used price
6,400+ sales records
2023 VOLVO XC40
$39,000 average used price
370+ sales records
2024 VOLVO XC40
$44,500 average used price
900+ sales records
Similar Models
2018 VOLVO S60
$40,505 MSRP
$18,995 average used price
9,700+ sales records
2018 VOLVO S90
$58,940 MSRP
$22,959 average used price
25,400+ sales records
2019 VOLVO XC90
$59,325 MSRP
$30,642 average used price
45,700+ sales records
2020 VOLVO XC60
$47,630 MSRP
$29,995 average used price
30,900+ sales records
2022 VOLVO S60
$40,505 MSRP
$31,250 average used price
4,200+ sales records
2023 VOLVO XC90
$59,325 MSRP
$53,994 average used price
570+ sales records
2020 VOLVO XC40
5 days ago, 29,439 mi
VIN YV4162UKXL2273768
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4 days ago, 18,235 mi
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8 hours ago, 19,020 mi
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5 hours ago, 49,015 mi
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2020 VOLVO XC40
4 days ago, 27,609 mi
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