Depreciation
The depreciation graph and accompanying table on our page detail how the 2018 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) 2018 VOLVO XC60 in 2018 was $47,630.
The average price for used 2018 VOLVO XC60 nowadays in 2024 is $24,630 which is 52% from the original price.
Estimated mileage driven per year is 11,026 miles.
The graph below is a depreciation curve for 2018 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 2018 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 | ||
|---|---|---|---|---|---|---|
| 2018 MSRP | 0 mi | $47,630 | — | — | 100% | 0% |
| 2018 | 11,026 mi | $49,900 | −$2,270 | −4.77% | 104.77% | -4.77% |
| 2019 | 22,052 mi | $44,557 | +$5,343 | +10.71% | 93.55% | 6.45% |
| 2020 | 33,078 mi | $37,650 | +$6,907 | +15.5% | 79.05% | 20.95% |
| 2021 | 44,104 mi | $34,000 | +$3,650 | +9.69% | 71.38% | 28.62% |
| 2022 | 55,130 mi | $29,995 | +$4,005 | +11.78% | 62.98% | 37.02% |
| 2023 | 66,156 mi | $26,998 | +$2,997 | +9.99% | 56.68% | 43.32% |
| 2024 | 77,182 mi | $24,630 | +$2,368 | +8.77% | 51.71% | 48.29% |
| 2025 | 88,208 mi | $17,988 | +$6,642 | +26.97% | 37.77% | 62.23% |
| 2026 | 99,234 mi | $15,995 | +$1,993 | +11.08% | 33.58% | 66.42% |
| 2027 | 110,260 mi | $14,799 | +$1,196 | +7.48% | 31.07% | 68.93% |
| 2028 | 121,286 mi | $12,588 | +$2,211 | +14.94% | 26.43% | 73.57% |
| 2029 | 132,312 mi | $11,000 | +$1,588 | +12.62% | 23.09% | 76.91% |
| 2030 | 143,338 mi | $9,988 | +$1,012 | +9.2% | 20.97% | 79.03% |
| 2031 | 154,364 mi | $8,995 | +$993 | +9.94% | 18.89% | 81.11% |
| 2032 | 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 2018 VOLVO XC60. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2018 VOLVO XC60 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 10,000 mi | $38,500 | 32 sales |
| 15,000 mi | $37,990 | 126 sales |
| 20,000 mi | $37,998 | 277 sales |
| 25,000 mi | $36,968 | 428 sales |
| 30,000 mi | $35,999 | 488 sales |
| 35,000 mi | $33,999 | 595 sales |
| 40,000 mi | $33,962 | 709 sales |
| 45,000 mi | $32,990 | 744 sales |
| 50,000 mi | $31,790 | 565 sales |
| 55,000 mi | $29,850 | 460 sales |
| 60,000 mi | $29,445 | 401 sales |
| 65,000 mi | $27,550 | 272 sales |
| 70,000 mi | $26,700 | 243 sales |
| 75,000 mi | $25,998 | 177 sales |
| 80,000 mi | $25,992 | 176 sales |
| 85,000 mi | $24,935 | 145 sales |
| 90,000 mi | $23,993 | 116 sales |
| 95,000 mi | $23,000 | 76 sales |
| 100,000 mi | $21,514 | 38 sales |
| 105,000 mi | $20,450 | 24 sales |
| 110,000 mi | $23,164 | 16 sales |
| 115,000 mi | $19,990 | 14 sales |
| 120,000 mi | $20,000 | 10 sales |
| 130,000 mi | $19,722 | 10 sales |
Frequently asked questions
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.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
Aftermarket modifications can affect the depreciation of 2018 VOLVO XC60 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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.
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.
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.
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.
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.
Other years of VOLVO XC60
2012 VOLVO XC60
$9,988 average used price
9,400+ 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
2017 VOLVO XC60
$17,988 average used price
25,100+ sales records
2020 VOLVO XC60
$29,995 average used price
30,900+ sales records
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