Depreciation
The depreciation graph and accompanying table on our page detail how the 2024 VOLVO XC90'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 XC90 in 2024 was $59,325.
The average price for used 2024 VOLVO XC90 nowadays in 2024 is $62,181 which is 105% from the original price.
Estimated mileage driven per year is 11,359 miles.
The graph below is a depreciation curve for 2024 VOLVO XC90. 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 XC90 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 | ||
|---|---|---|---|---|---|---|
| 2024 MSRP | 0 mi | $59,325 | — | — | 100% | 0% |
| 2024 | 11,359 mi | $62,181 | −$2,856 | −4.81% | 104.81% | -4.81% |
| 2025 | 22,718 mi | $53,994 | +$8,187 | +13.17% | 91.01% | 8.99% |
| 2026 | 34,077 mi | $44,999 | +$8,995 | +16.66% | 75.85% | 24.15% |
| 2027 | 45,436 mi | $39,995 | +$5,004 | +11.12% | 67.42% | 32.58% |
| 2028 | 56,795 mi | $34,998 | +$4,997 | +12.49% | 58.99% | 41.01% |
| 2029 | 68,154 mi | $30,642 | +$4,356 | +12.45% | 51.65% | 48.35% |
| 2030 | 79,513 mi | $25,999 | +$4,643 | +15.15% | 43.82% | 56.18% |
| 2031 | 90,872 mi | $22,999 | +$3,000 | +11.54% | 38.77% | 61.23% |
| 2032 | 102,231 mi | $19,998 | +$3,001 | +13.05% | 33.71% | 66.29% |
| 2034 | 124,949 mi | $11,243 | +$0 | +0% | 18.95% | 81.05% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the VOLVO XC90’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 XC90. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2024 VOLVO XC90 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $65,790 | 56 sales |
| 5,000 mi | $61,933 | 277 sales |
| 10,000 mi | $62,442 | 74 sales |
| 15,000 mi | $58,829 | 18 sales |
Frequently asked questions
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.
Proper maintenance and good condition can slow the depreciation of a 2024 VOLVO XC90 by making it more attractive to potential buyers, thereby preserving more of its value.
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.
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 economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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 market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Other years of VOLVO XC90
2005 VOLVO XC90
$5,100 average used price
2,800+ sales records
2010 VOLVO XC90
$6,995 average used price
3,600+ sales records
2013 VOLVO XC90
$10,497 average used price
7,900+ sales records
2014 VOLVO XC90
$11,243 average used price
4,900+ sales records
2017 VOLVO XC90
$22,999 average used price
27,900+ sales records
2022 VOLVO XC90
$44,999 average used price
14,800+ sales records
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2024 VOLVO XC90 on BADVIN
