Volvo S60 Depreciation

A Volvo S60 will depreciate 63% after 5 years and have a 5 year resale value of $16,882.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $45,491 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Volvo S60.

Volvo S60 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,894 78.25% $35,597 13,500 2021
2 $18,242 59.90% $27,249 27,000 2022
3 $21,827 52.02% $23,664 40,500 2023
4 $24,424 46.31% $21,067 54,000 2024
5 $28,609 37.11% $16,882 67,500 2025
6 $31,766 30.17% $13,725 81,000 2026
7 $33,286 26.83% $12,205 94,500 2027
8 $34,687 23.75% $10,804 108,000 2028
9 $35,378 22.23% $10,113 121,500 2029
10 $39,309 13.59% $6,182 135,000 2030

Volvo S60 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,894 78.25% $35,597
2 $18,242 59.90% $27,249
3 $21,827 52.02% $23,664
4 $24,424 46.31% $21,067
5 $28,609 37.11% $16,882
6 $31,766 30.17% $13,725
7 $33,286 26.83% $12,205
8 $34,687 23.75% $10,804
9 $35,378 22.23% $10,113
10 $39,309 13.59% $6,182

Volvo S60 Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Volvo S60 that is 2 years old, then you could save $18,242 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $10,367. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used S60 models become available.

The Best Model Years to Buy a Volvo S60

The 2018 Volvo S60 is our top pick for the best model year value for the S60. With the 2018, you would only pay, on average, 60% of the price as new, with 83% of the vehicle's useful life remaining. The 2017 and 2015 model years are also attractive years for the S60, and provide a relatively good value. Our rankings consider multiple factors, including the S60's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Volvo S60 models.

Volvo S60 Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $45,491 $45,491 $332 $0 0% 100%
2019 $40,854 $32,349 $380 $13,142 28.89% 78.25%
2018 $36,639 $22,418 $470 $9,931 30.7% 59.9% Best
2017 $36,566 $19,630 $608 $2,788 12.44% 52.02% Better
2016 $36,324 $17,522 $699 $2,108 10.74% 46.31% Good
2015 $35,243 $13,960 $882 $3,562 20.33% 37.11% Better
2014 $35,879 $12,042 $1,217 $1,918 13.74% 30.17% Good
2013 $34,170 $10,543 $1,376 $1,499 12.45% 26.83%
2012 $32,012 $9,085 $1,481 $1,458 13.83% 23.75%
2011 $32,569 $8,932 $1,691 $153 1.68% 22.23%
2009 $30,665 $6,156 $1,988 $2,776 31.08% 13.59%
2008 $26,506 $5,298 $2,345 $858 13.94% 11.14%
Year Price % Paid Value Rank
2020 $45,491 100%
2019 $32,349 78.25%
2018 $22,418 59.9% Best
2017 $19,630 52.02% Better
2016 $17,522 46.31% Good
2015 $13,960 37.11% Better
2014 $12,042 30.17% Good
2013 $10,543 26.83%
2012 $9,085 23.75%
2011 $8,932 22.23%
2009 $6,156 13.59%
2008 $5,298 11.14%

Other Volvo S60 Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Volvo S60 costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: