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xc40

2021 VOLVO XC40
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2021 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) 2021 VOLVO XC40 in 2021 was $45,155.
The average price for used 2021 VOLVO XC40 nowadays in 2024 is $31,790 which is 70% from the original price.
Estimated mileage driven per year is 9,807 miles.
The graph below is a depreciation curve for 2021 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 2021 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
2021 MSRP0 mi$45,155100%0%
20219,807 mi$44,500+$655+1.45%98.55%1.45%
202219,614 mi$39,000+$5,500+12.36%86.37%13.63%
202329,421 mi$33,000+$6,000+15.38%73.08%26.92%
202439,228 mi$31,790+$1,210+3.67%70.4%29.6%
202549,035 mi$26,982+$4,808+15.12%59.75%40.25%
202658,842 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 2021 VOLVO XC40. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2021 VOLVO XC40 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
0 mi$41,99013 sales
5,000 mi$38,891196 sales
10,000 mi$36,500561 sales
15,000 mi$34,990961 sales
20,000 mi$34,0001,121 sales
25,000 mi$32,9981,034 sales
30,000 mi$32,500998 sales
35,000 mi$31,888659 sales
40,000 mi$30,891380 sales
45,000 mi$29,998207 sales
50,000 mi$29,999122 sales
55,000 mi$28,99865 sales
60,000 mi$27,74860 sales
65,000 mi$27,99823 sales
70,000 mi$24,66214 sales
75,000 mi$24,99825 sales
80,000 mi$24,84226 sales
95,000 mi$26,44210 sales
Frequently asked questions
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
Aftermarket modifications can affect the depreciation of 2021 VOLVO XC40 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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
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.
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.
Other years of VOLVO XC40
xc40
2019 VOLVO XC40
$25,000 average used price
26,800+ sales records
xc40
2020 VOLVO XC40
$26,982 average used price
23,600+ sales records
xc40
2022 VOLVO XC40
$33,000 average used price
6,400+ sales records
xc40
2023 VOLVO XC40
$39,000 average used price
370+ sales records
xc40
2024 VOLVO XC40
$44,500 average used price
900+ sales records
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s90
2018 VOLVO S90
$58,940 MSRP
$22,959 average used price
25,400+ sales records
s60
2018 VOLVO S60
$40,505 MSRP
$18,995 average used price
9,700+ sales records
s60
2020 VOLVO S60
$40,505 MSRP
$25,900 average used price
21,200+ sales records
xc90
2020 VOLVO XC90
$59,325 MSRP
$34,998 average used price
46,700+ sales records
xc90
2022 VOLVO XC90
$59,325 MSRP
$44,999 average used price
14,800+ sales records
xc90
2024 VOLVO XC90
$59,325 MSRP
$62,181 average used price
790+ sales records
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