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.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2022 MSRP | 0 mi | $47,630 | — | — | 100% | 0% |
| 2022 | 11,026 mi | $49,900 | −$2,270 | −4.77% | 104.77% | -4.77% |
| 2023 | 22,052 mi | $44,557 | +$5,343 | +10.71% | 93.55% | 6.45% |
| 2024 | 33,078 mi | $37,650 | +$6,907 | +15.5% | 79.05% | 20.95% |
| 2025 | 44,104 mi | $34,000 | +$3,650 | +9.69% | 71.38% | 28.62% |
| 2026 | 55,130 mi | $29,995 | +$4,005 | +11.78% | 62.98% | 37.02% |
| 2027 | 66,156 mi | $26,998 | +$2,997 | +9.99% | 56.68% | 43.32% |
| 2028 | 77,182 mi | $24,630 | +$2,368 | +8.77% | 51.71% | 48.29% |
| 2029 | 88,208 mi | $17,988 | +$6,642 | +26.97% | 37.77% | 62.23% |
| 2030 | 99,234 mi | $15,995 | +$1,993 | +11.08% | 33.58% | 66.42% |
| 2031 | 110,260 mi | $14,799 | +$1,196 | +7.48% | 31.07% | 68.93% |
| 2032 | 121,286 mi | $12,588 | +$2,211 | +14.94% | 26.43% | 73.57% |
| 2033 | 132,312 mi | $11,000 | +$1,588 | +12.62% | 23.09% | 76.91% |
| 2034 | 143,338 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.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $53,043 | 248 sales |
| 5,000 mi | $49,890 | 1,003 sales |
| 10,000 mi | $45,998 | 735 sales |
| 15,000 mi | $41,975 | 515 sales |
| 20,000 mi | $40,995 | 453 sales |
| 25,000 mi | $38,995 | 341 sales |
| 30,000 mi | $38,300 | 305 sales |
| 35,000 mi | $36,488 | 174 sales |
| 40,000 mi | $34,156 | 142 sales |
| 45,000 mi | $33,998 | 77 sales |
| 50,000 mi | $31,998 | 60 sales |
| 55,000 mi | $30,998 | 17 sales |
| 60,000 mi | $31,164 | 16 sales |
| 65,000 mi | $29,253 | 12 sales |
Frequently asked questions
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.
Aftermarket modifications can affect the depreciation of 2022 VOLVO XC60 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
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.
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.
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.
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.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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
2017 VOLVO XC60
$17,988 average used price
25,100+ sales records
2020 VOLVO XC60
$29,995 average used price
30,900+ sales records
2023 VOLVO XC60
$44,557 average used price
390+ sales records
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2022 VOLVO XC60 on BADVIN
