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xc60

2022 VOLVO XC60
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2022 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) 2022 VOLVO XC60 in 2022 was $47,630.
The average price for used 2022 VOLVO XC60 nowadays in 2024 is $37,650 which is 79% from the original price.
Estimated mileage driven per year is 11,026 miles.
The graph below is a depreciation curve for 2022 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 2022 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
2022 MSRP0 mi$47,630100%0%
202211,026 mi$49,900−$2,270−4.77%104.77%-4.77%
202322,052 mi$44,557+$5,343+10.71%93.55%6.45%
202433,078 mi$37,650+$6,907+15.5%79.05%20.95%
202544,104 mi$34,000+$3,650+9.69%71.38%28.62%
202655,130 mi$29,995+$4,005+11.78%62.98%37.02%
202766,156 mi$26,998+$2,997+9.99%56.68%43.32%
202877,182 mi$24,630+$2,368+8.77%51.71%48.29%
202988,208 mi$17,988+$6,642+26.97%37.77%62.23%
203099,234 mi$15,995+$1,993+11.08%33.58%66.42%
2031110,260 mi$14,799+$1,196+7.48%31.07%68.93%
2032121,286 mi$12,588+$2,211+14.94%26.43%73.57%
2033132,312 mi$11,000+$1,588+12.62%23.09%76.91%
2034143,338 mi$9,988+$1,012+9.2%20.97%79.03%

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 2022 VOLVO XC60. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2022 VOLVO XC60 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
0 mi$53,043248 sales
5,000 mi$49,8901,003 sales
10,000 mi$45,998735 sales
15,000 mi$41,975515 sales
20,000 mi$40,995453 sales
25,000 mi$38,995341 sales
30,000 mi$38,300305 sales
35,000 mi$36,488174 sales
40,000 mi$34,156142 sales
45,000 mi$33,99877 sales
50,000 mi$31,99860 sales
55,000 mi$30,99817 sales
60,000 mi$31,16416 sales
65,000 mi$29,25312 sales
Frequently asked questions
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Depreciation directly affects the resale value of a 2022 VOLVO XC60, with faster depreciating vehicles typically having lower resale values over time.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
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.
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.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
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.
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
xc60
2011 VOLVO XC60
$8,995 average used price
5,900+ sales records
xc60
2014 VOLVO XC60
$12,588 average used price
7,900+ sales records
xc60
2016 VOLVO XC60
$15,995 average used price
19,300+ sales records
xc60
2020 VOLVO XC60
$29,995 average used price
30,900+ sales records
xc60
2021 VOLVO XC60
$34,000 average used price
42,100+ sales records
xc60
2023 VOLVO XC60
$44,557 average used price
390+ sales records
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s60
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xc90
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s60
2020 VOLVO S60
$40,505 MSRP
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xc90
2021 VOLVO XC90
$59,325 MSRP
$39,995 average used price
36,500+ sales records
xc90
2024 VOLVO XC90
$59,325 MSRP
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xc40
2024 VOLVO XC40
$45,155 MSRP
$44,500 average used price
900+ sales records
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