Volvo Maintenance Costs
Volvo models average around $13,513 for maintenance and repair costs during their first 10 years of service. This is more than the industry average for luxury brands by $1,469. There is also a 30.46% chance that a Volvo will require a major repair during that time. This is 4.63% better when compared to the other auto manufacturers in this segment that we have studied.
Probability of a Major Vehicle Repair (%)
Est Annual Maintenance/Repair Costs ($)
Volvo Maintenance Costs
Year | Major Repair Probability | Annual Costs |
---|---|---|
1 | 3.14% | $474 |
2 | 5.21% | $552 |
3 | 5.85% | $676 |
4 | 10.33% | $874 |
5 | 14.80% | $1,039 |
6 | 16.64% | $1,298 |
7 | 17.95% | $1,824 |
8 | 23.21% | $2,033 |
9 | 25.65% | $2,227 |
10 | 30.46% | $2,516 |
11 | 47.19% | $2,553 |
12 | 58.70% | $2,862 |