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xc60

2024 VOLVO XC60
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2024 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) 2024 VOLVO XC60 in 2024 was $47,630.
The average price for used 2024 VOLVO XC60 nowadays in 2024 is $49,900 which is 105% from the original price.
Estimated mileage driven per year is 11,026 miles.
The graph below is a depreciation curve for 2024 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 2024 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
2024 MSRP0 mi$47,630100%0%
202411,026 mi$49,900−$2,270−4.77%104.77%-4.77%
202522,052 mi$44,557+$5,343+10.71%93.55%6.45%
202633,078 mi$37,650+$6,907+15.5%79.05%20.95%
202744,104 mi$34,000+$3,650+9.69%71.38%28.62%
202855,130 mi$29,995+$4,005+11.78%62.98%37.02%
202966,156 mi$26,998+$2,997+9.99%56.68%43.32%
203077,182 mi$24,630+$2,368+8.77%51.71%48.29%
203188,208 mi$17,988+$6,642+26.97%37.77%62.23%
203299,234 mi$15,995+$1,993+11.08%33.58%66.42%
2033110,260 mi$14,799+$1,196+7.48%31.07%68.93%
2034121,286 mi$12,588+$2,211+14.94%26.43%73.57%

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 2024 VOLVO XC60. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2024 VOLVO XC60 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
0 mi$54,47358 sales
5,000 mi$49,537346 sales
10,000 mi$49,68365 sales
15,000 mi$46,49811 sales
Frequently asked questions
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
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.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
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.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
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 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.
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.
Other years of VOLVO XC60
xc60
2010 VOLVO XC60
$7,999 average used price
6,900+ sales records
xc60
2011 VOLVO XC60
$8,995 average used price
5,900+ sales records
xc60
2015 VOLVO XC60
$14,799 average used price
20,200+ sales records
xc60
2016 VOLVO XC60
$15,995 average used price
19,300+ sales records
xc60
2018 VOLVO XC60
$24,630 average used price
41,500+ sales records
xc60
2021 VOLVO XC60
$34,000 average used price
42,100+ sales records
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xc40
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900+ sales records
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