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xc60

2020 VOLVO XC60
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2020 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) 2020 VOLVO XC60 in 2020 was $47,630.
The average price for used 2020 VOLVO XC60 nowadays in 2024 is $29,995 which is 63% from the original price.
Estimated mileage driven per year is 11,026 miles.
The graph below is a depreciation curve for 2020 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 2020 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.
YearAverage MileageAverage Price% Left% Lost
2020 MSRP0 mi$47,630100%0%
202011,026 mi$49,900−$2,270−4.77%104.77%-4.77%
202122,052 mi$44,557+$5,343+10.71%93.55%6.45%
202233,078 mi$37,650+$6,907+15.5%79.05%20.95%
202344,104 mi$34,000+$3,650+9.69%71.38%28.62%
202455,130 mi$29,995+$4,005+11.78%62.98%37.02%
202566,156 mi$26,998+$2,997+9.99%56.68%43.32%
202677,182 mi$24,630+$2,368+8.77%51.71%48.29%
202788,208 mi$17,988+$6,642+26.97%37.77%62.23%
202899,234 mi$15,995+$1,993+11.08%33.58%66.42%
2029110,260 mi$14,799+$1,196+7.48%31.07%68.93%
2030121,286 mi$12,588+$2,211+14.94%26.43%73.57%
2031132,312 mi$11,000+$1,588+12.62%23.09%76.91%
2032143,338 mi$9,988+$1,012+9.2%20.97%79.03%
2033154,364 mi$8,995+$993+9.94%18.89%81.11%
2034165,390 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 2020 VOLVO XC60. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2020 VOLVO XC60 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
5,000 mi$39,98143 sales
10,000 mi$38,998222 sales
15,000 mi$37,495550 sales
20,000 mi$36,995916 sales
25,000 mi$35,7941,196 sales
30,000 mi$34,9951,203 sales
35,000 mi$34,492903 sales
40,000 mi$33,797645 sales
45,000 mi$32,908474 sales
50,000 mi$30,989239 sales
55,000 mi$29,998193 sales
60,000 mi$28,774140 sales
65,000 mi$28,54480 sales
70,000 mi$27,10067 sales
75,000 mi$25,80162 sales
80,000 mi$26,65132 sales
85,000 mi$24,71137 sales
90,000 mi$24,19515 sales
105,000 mi$24,99511 sales
110,000 mi$22,87612 sales
Frequently asked questions
Depreciation directly affects the resale value of a 2020 VOLVO XC60, with faster depreciating vehicles typically having lower resale values over time.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
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.
Aftermarket modifications can affect the depreciation of 2020 VOLVO XC60 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Other years of VOLVO XC60
xc60
2010 VOLVO XC60
$7,999 average used price
6,900+ sales records
xc60
2012 VOLVO XC60
$9,988 average used price
9,400+ sales records
xc60
2015 VOLVO XC60
$14,799 average used price
20,200+ sales records
xc60
2017 VOLVO XC60
$17,988 average used price
25,100+ sales records
xc60
2018 VOLVO XC60
$24,630 average used price
41,500+ sales records
xc60
2019 VOLVO XC60
$26,998 average used price
35,400+ sales records
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s90
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xc90
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s60
2022 VOLVO S60
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xc40
2023 VOLVO XC40
$45,155 MSRP
$39,000 average used price
370+ sales records
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