Depreciation
The depreciation graph and accompanying table on our page detail how the 2017 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) 2017 VOLVO XC60 in 2017 was $47,630.
The average price for used 2017 VOLVO XC60 nowadays in 2024 is $17,988 which is 38% from the original price.
Estimated mileage driven per year is 11,026 miles.
The graph below is a depreciation curve for 2017 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 2017 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 | ||
|---|---|---|---|---|---|---|
| 2017 MSRP | 0 mi | $47,630 | — | — | 100% | 0% |
| 2017 | 11,026 mi | $49,900 | −$2,270 | −4.77% | 104.77% | -4.77% |
| 2018 | 22,052 mi | $44,557 | +$5,343 | +10.71% | 93.55% | 6.45% |
| 2019 | 33,078 mi | $37,650 | +$6,907 | +15.5% | 79.05% | 20.95% |
| 2020 | 44,104 mi | $34,000 | +$3,650 | +9.69% | 71.38% | 28.62% |
| 2021 | 55,130 mi | $29,995 | +$4,005 | +11.78% | 62.98% | 37.02% |
| 2022 | 66,156 mi | $26,998 | +$2,997 | +9.99% | 56.68% | 43.32% |
| 2023 | 77,182 mi | $24,630 | +$2,368 | +8.77% | 51.71% | 48.29% |
| 2024 | 88,208 mi | $17,988 | +$6,642 | +26.97% | 37.77% | 62.23% |
| 2025 | 99,234 mi | $15,995 | +$1,993 | +11.08% | 33.58% | 66.42% |
| 2026 | 110,260 mi | $14,799 | +$1,196 | +7.48% | 31.07% | 68.93% |
| 2027 | 121,286 mi | $12,588 | +$2,211 | +14.94% | 26.43% | 73.57% |
| 2028 | 132,312 mi | $11,000 | +$1,588 | +12.62% | 23.09% | 76.91% |
| 2029 | 143,338 mi | $9,988 | +$1,012 | +9.2% | 20.97% | 79.03% |
| 2030 | 154,364 mi | $8,995 | +$993 | +9.94% | 18.89% | 81.11% |
| 2031 | 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 2017 VOLVO XC60. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2017 VOLVO XC60 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 15,000 mi | $29,899 | 23 sales |
| 20,000 mi | $28,990 | 77 sales |
| 25,000 mi | $29,997 | 132 sales |
| 30,000 mi | $28,590 | 352 sales |
| 35,000 mi | $26,999 | 242 sales |
| 40,000 mi | $28,999 | 429 sales |
| 45,000 mi | $26,990 | 506 sales |
| 50,000 mi | $26,868 | 418 sales |
| 55,000 mi | $25,499 | 484 sales |
| 60,000 mi | $24,995 | 470 sales |
| 65,000 mi | $23,995 | 448 sales |
| 70,000 mi | $22,998 | 427 sales |
| 75,000 mi | $22,688 | 355 sales |
| 80,000 mi | $22,590 | 339 sales |
| 85,000 mi | $20,998 | 256 sales |
| 90,000 mi | $20,121 | 304 sales |
| 95,000 mi | $20,590 | 298 sales |
| 100,000 mi | $18,987 | 159 sales |
| 105,000 mi | $16,998 | 134 sales |
| 110,000 mi | $15,998 | 69 sales |
| 115,000 mi | $16,998 | 73 sales |
| 120,000 mi | $15,651 | 52 sales |
| 125,000 mi | $15,995 | 26 sales |
| 130,000 mi | $13,999 | 27 sales |
| 135,000 mi | $12,995 | 22 sales |
| 140,000 mi | $13,893 | 26 sales |
| 150,000 mi | $13,398 | 14 sales |
Frequently asked questions
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.
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.
Depreciation directly affects the resale value of a 2017 VOLVO XC60, with faster depreciating vehicles typically having lower resale values over 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.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Proper maintenance and good condition can slow the depreciation of a 2017 VOLVO XC60 by making it more attractive to potential buyers, thereby preserving more of its value.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Other years of VOLVO XC60
2010 VOLVO XC60
$7,999 average used price
6,900+ sales records
2013 VOLVO XC60
$11,000 average used price
12,900+ sales records
2015 VOLVO XC60
$14,799 average used price
20,200+ sales records
2016 VOLVO XC60
$15,995 average used price
19,300+ sales records
2019 VOLVO XC60
$26,998 average used price
35,400+ sales records
2023 VOLVO XC60
$44,557 average used price
390+ sales records
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