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 5 to 7 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, 76% of the price as new, with 92% 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.