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Volvo Depreciation

One buys a new Volvo for it safety and sureness on the road; you don't buy a new one because you feel it will be the best deal. Volvo has taken (finally) leaps in styling over the past 10 years and even more so in tech, but they still have a spotty record for holding their value, and reselling one can be an unpleasant experience-that's why so many families pass them onto their college-aged kids after graduation. If you come across a good one, once it has already significantly depreciated, well, that may be a find.

2023 is our top pick for the best model year value for Volvo vehicles. With the 2023, you would only pay, on average, 62% of the price as new, with 83% of the vehicle's useful life remaining. The 2022 and 2021 model years are also attractive years for the Volvo models, and provide a relatively good value. Our rankings consider multiple factors, including original new prices, current prices, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money with a Volvo model.


Volvo Depreciation

Year Depreciation Residual Value Percent Left Value Rating
2025 0.0% 100.0% 100.0%
2024 32.3% 67.7% 91.7%
2023 37.9% 62.1% 83.3% Best
2022 41.5% 58.5% 75.0% Better
2021 46.9% 53.1% 66.7% Better
2020 51.0% 49.0% 58.3% Good
2019 56.8% 43.2% 50.0%
2018 66.8% 33.2% 41.7% Good
2017 70.2% 29.8% 33.3%
2016 73.4% 26.6% 25.0%
2015 75.4% 24.6% 16.7%
2014 77.2% 22.8% 8.3%
2013 78.9% 21.1% 0.0%
Year Depreciation Residual Value Value Rating
2025 0.0% 100.0%
2024 32.3% 67.7%
2023 37.9% 62.1% Best
2022 41.5% 58.5% Better
2021 46.9% 53.1% Better
2020 51.0% 49.0% Good
2019 56.8% 43.2%
2018 66.8% 33.2% Good
2017 70.2% 29.8%
2016 73.4% 26.6%
2015 75.4% 24.6%
2014 77.2% 22.8%
2013 78.9% 21.1%

Help me understand

CarEdge Depreciation Calculator

You entered the vehicle's current age and how long you plan to own it. To understand your projected depreciation:
  • Start with the row matching the vehicle's current age
  • Find the row for the vehicle's age after your ownership period
  • The difference between those two resale values is your estimated depreciation
Example: If your vehicle is 2 years old and you plan to own it for 3 years, look at the values for 2 and 5 years old.

Volvo Depreciation by Model

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