Depreciation
The depreciation graph and accompanying table on our page detail how the 2006 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) 2006 VOLVO XC70 in 2006 was $43,825.
The average price for used 2006 VOLVO XC70 nowadays in 2024 is $5,495 which is 13% from the original price.
Estimated mileage driven per year is 11,528 miles.
The graph below is a depreciation curve for 2006 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 2006 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 | ||
|---|---|---|---|---|---|---|
| 2006 MSRP | 0 mi | $43,825 | — | — | 100% | 0% |
| 2014 | 103,752 mi | $18,590 | +$0 | +0% | 42.42% | 57.58% |
| 2015 | 115,280 mi | $15,995 | +$2,595 | +13.96% | 36.5% | 63.5% |
| 2016 | 126,808 mi | $15,795 | +$200 | +1.25% | 36.04% | 63.96% |
| 2017 | 138,336 mi | $14,000 | +$1,795 | +11.36% | 31.95% | 68.05% |
| 2018 | 149,864 mi | $11,926 | +$2,074 | +14.81% | 27.21% | 72.79% |
| 2019 | 161,392 mi | $8,995 | +$2,931 | +24.58% | 20.52% | 79.48% |
| 2020 | 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 2006 VOLVO XC70. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2006 VOLVO XC70 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 65,000 mi | $10,950 | 10 sales |
| 70,000 mi | $8,999 | 14 sales |
| 85,000 mi | $9,960 | 19 sales |
| 90,000 mi | $6,500 | 21 sales |
| 95,000 mi | $7,450 | 20 sales |
| 100,000 mi | $6,895 | 33 sales |
| 105,000 mi | $7,827 | 24 sales |
| 110,000 mi | $6,500 | 39 sales |
| 115,000 mi | $6,690 | 33 sales |
| 120,000 mi | $5,999 | 34 sales |
| 125,000 mi | $5,995 | 31 sales |
| 130,000 mi | $5,995 | 49 sales |
| 135,000 mi | $4,988 | 68 sales |
| 140,000 mi | $5,989 | 61 sales |
| 145,000 mi | $5,965 | 54 sales |
| 150,000 mi | $5,000 | 41 sales |
| 155,000 mi | $6,595 | 70 sales |
| 160,000 mi | $5,000 | 55 sales |
| 165,000 mi | $4,995 | 38 sales |
| 170,000 mi | $5,119 | 28 sales |
| 175,000 mi | $4,995 | 29 sales |
| 180,000 mi | $4,943 | 14 sales |
| 185,000 mi | $3,995 | 20 sales |
| 190,000 mi | $5,000 | 14 sales |
| 195,000 mi | $2,995 | 23 sales |
| 200,000 mi | $3,900 | 13 sales |
| 205,000 mi | $2,899 | 12 sales |
| 210,000 mi | $2,995 | 12 sales |
| 215,000 mi | $4,400 | 13 sales |
Frequently asked questions
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.
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.
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.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Aftermarket modifications can affect the depreciation of 2006 VOLVO XC70 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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 XC70
2004 VOLVO XC70
$5,850 average used price
1,300+ sales records
2005 VOLVO XC70
$5,998 average used price
1,200+ sales records
2007 VOLVO XC70
$6,999 average used price
1,700+ sales records
2008 VOLVO XC70
$6,500 average used price
2,900+ sales records
2013 VOLVO XC70
$14,000 average used price
3,600+ sales records
2016 VOLVO XC70
$18,590 average used price
5,500+ sales records
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2006 VOLVO XC70 on BADVIN
