Depreciation
The depreciation graph and accompanying table on our page detail how the 2015 VOLVO XC60'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) 2015 VOLVO XC60 in 2015 was $47,630.
The average price for used 2015 VOLVO XC60 nowadays in 2024 is $14,799 which is 31% from the original price.
Estimated mileage driven per year is 11,026 miles.
The graph below is a depreciation curve for 2015 VOLVO XC60. 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 2015 VOLVO XC60 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 | ||
|---|---|---|---|---|---|---|
| 2015 MSRP | 0 mi | $47,630 | — | — | 100% | 0% |
| 2015 | 11,026 mi | $49,900 | −$2,270 | −4.77% | 104.77% | -4.77% |
| 2016 | 22,052 mi | $44,557 | +$5,343 | +10.71% | 93.55% | 6.45% |
| 2017 | 33,078 mi | $37,650 | +$6,907 | +15.5% | 79.05% | 20.95% |
| 2018 | 44,104 mi | $34,000 | +$3,650 | +9.69% | 71.38% | 28.62% |
| 2019 | 55,130 mi | $29,995 | +$4,005 | +11.78% | 62.98% | 37.02% |
| 2020 | 66,156 mi | $26,998 | +$2,997 | +9.99% | 56.68% | 43.32% |
| 2021 | 77,182 mi | $24,630 | +$2,368 | +8.77% | 51.71% | 48.29% |
| 2022 | 88,208 mi | $17,988 | +$6,642 | +26.97% | 37.77% | 62.23% |
| 2023 | 99,234 mi | $15,995 | +$1,993 | +11.08% | 33.58% | 66.42% |
| 2024 | 110,260 mi | $14,799 | +$1,196 | +7.48% | 31.07% | 68.93% |
| 2025 | 121,286 mi | $12,588 | +$2,211 | +14.94% | 26.43% | 73.57% |
| 2026 | 132,312 mi | $11,000 | +$1,588 | +12.62% | 23.09% | 76.91% |
| 2027 | 143,338 mi | $9,988 | +$1,012 | +9.2% | 20.97% | 79.03% |
| 2028 | 154,364 mi | $8,995 | +$993 | +9.94% | 18.89% | 81.11% |
| 2029 | 165,390 mi | $7,999 | +$996 | +11.07% | 16.79% | 83.21% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the VOLVO XC60’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 2015 VOLVO XC60. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2015 VOLVO XC60 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 20,000 mi | $24,779 | 12 sales |
| 25,000 mi | $23,771 | 17 sales |
| 30,000 mi | $21,748 | 24 sales |
| 35,000 mi | $22,590 | 36 sales |
| 40,000 mi | $23,990 | 86 sales |
| 45,000 mi | $23,990 | 127 sales |
| 50,000 mi | $22,700 | 139 sales |
| 55,000 mi | $21,998 | 254 sales |
| 60,000 mi | $21,590 | 302 sales |
| 65,000 mi | $20,990 | 402 sales |
| 70,000 mi | $19,997 | 386 sales |
| 75,000 mi | $19,999 | 495 sales |
| 80,000 mi | $18,220 | 378 sales |
| 85,000 mi | $17,995 | 357 sales |
| 90,000 mi | $17,990 | 420 sales |
| 95,000 mi | $16,998 | 421 sales |
| 100,000 mi | $16,000 | 329 sales |
| 105,000 mi | $15,499 | 343 sales |
| 110,000 mi | $14,900 | 242 sales |
| 115,000 mi | $14,995 | 180 sales |
| 120,000 mi | $13,998 | 126 sales |
| 125,000 mi | $13,775 | 140 sales |
| 130,000 mi | $12,293 | 92 sales |
| 135,000 mi | $11,900 | 61 sales |
| 140,000 mi | $11,000 | 60 sales |
| 145,000 mi | $10,998 | 39 sales |
| 150,000 mi | $10,695 | 27 sales |
| 155,000 mi | $11,000 | 23 sales |
| 160,000 mi | $9,790 | 29 sales |
| 165,000 mi | $11,200 | 15 sales |
| 170,000 mi | $9,250 | 16 sales |
Frequently asked questions
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
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.
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.
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 2015 VOLVO XC60 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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.
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.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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.
Other years of VOLVO XC60
2011 VOLVO XC60
$8,995 average used price
5,900+ sales records
2014 VOLVO XC60
$12,588 average used price
7,900+ sales records
2016 VOLVO XC60
$15,995 average used price
19,300+ sales records
2017 VOLVO XC60
$17,988 average used price
25,100+ sales records
2022 VOLVO XC60
$37,650 average used price
14,800+ sales records
2023 VOLVO XC60
$44,557 average used price
390+ sales records
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2015 VOLVO XC60 on BADVIN
