Depreciation
The depreciation graph and accompanying table on our page detail how the 2004 VOLVO XC70'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) 2004 VOLVO XC70 in 2004 was $43,825.
The average price for used 2004 VOLVO XC70 nowadays in 2024 is $5,850 which is 13% from the original price.
Estimated mileage driven per year is 11,528 miles.
The graph below is a depreciation curve for 2004 VOLVO XC70. 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 2004 VOLVO XC70 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 | ||
|---|---|---|---|---|---|---|
| 2004 MSRP | 0 mi | $43,825 | — | — | 100% | 0% |
| 2012 | 103,752 mi | $18,590 | +$0 | +0% | 42.42% | 57.58% |
| 2013 | 115,280 mi | $15,995 | +$2,595 | +13.96% | 36.5% | 63.5% |
| 2014 | 126,808 mi | $15,795 | +$200 | +1.25% | 36.04% | 63.96% |
| 2015 | 138,336 mi | $14,000 | +$1,795 | +11.36% | 31.95% | 68.05% |
| 2016 | 149,864 mi | $11,926 | +$2,074 | +14.81% | 27.21% | 72.79% |
| 2017 | 161,392 mi | $8,995 | +$2,931 | +24.58% | 20.52% | 79.48% |
| 2018 | 172,920 mi | $8,995 | +$0 | +0% | 20.52% | 79.48% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the VOLVO XC70’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 2004 VOLVO XC70. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2004 VOLVO XC70 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 60,000 mi | $10,683 | 13 sales |
| 75,000 mi | $7,988 | 13 sales |
| 80,000 mi | $6,476 | 18 sales |
| 85,000 mi | $8,997 | 11 sales |
| 90,000 mi | $6,869 | 19 sales |
| 95,000 mi | $6,995 | 21 sales |
| 105,000 mi | $5,912 | 17 sales |
| 110,000 mi | $4,981 | 37 sales |
| 115,000 mi | $5,746 | 46 sales |
| 120,000 mi | $4,900 | 33 sales |
| 125,000 mi | $5,995 | 41 sales |
| 130,000 mi | $4,995 | 54 sales |
| 135,000 mi | $5,300 | 49 sales |
| 140,000 mi | $5,775 | 54 sales |
| 145,000 mi | $4,990 | 45 sales |
| 150,000 mi | $4,944 | 44 sales |
| 155,000 mi | $4,499 | 34 sales |
| 160,000 mi | $4,900 | 58 sales |
| 165,000 mi | $4,645 | 41 sales |
| 170,000 mi | $3,933 | 29 sales |
| 175,000 mi | $4,052 | 47 sales |
| 180,000 mi | $3,995 | 36 sales |
| 185,000 mi | $3,998 | 32 sales |
| 190,000 mi | $3,995 | 19 sales |
| 195,000 mi | $4,471 | 30 sales |
| 200,000 mi | $3,750 | 25 sales |
| 205,000 mi | $3,488 | 11 sales |
| 210,000 mi | $3,889 | 21 sales |
| 215,000 mi | $3,145 | 18 sales |
| 235,000 mi | $4,500 | 16 sales |
Frequently asked questions
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Depreciation directly affects the resale value of a 2004 VOLVO XC70, with faster depreciating vehicles typically having lower resale values over time.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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 exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Proper maintenance and good condition can slow the depreciation of a 2004 VOLVO XC70 by making it more attractive to potential buyers, thereby preserving more of its value.
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.
Aftermarket modifications can affect the depreciation of 2004 VOLVO XC70 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
Other years of VOLVO XC70
2005 VOLVO XC70
$5,998 average used price
1,200+ sales records
2007 VOLVO XC70
$6,999 average used price
1,700+ sales records
2012 VOLVO XC70
$11,926 average used price
2,500+ sales records
2013 VOLVO XC70
$14,000 average used price
3,600+ sales records
2014 VOLVO XC70
$15,795 average used price
1,300+ sales records
2015 VOLVO XC70
$15,995 average used price
3,900+ sales records
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2004 VOLVO XC70 on BADVIN
