Volvo S60 Depreciation

A Volvo S60 will depreciate 56% after 5 years and have a 5 year resale value of $21,142.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $47,810 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 Calculator

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Volvo S60 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $11,632 75.67% $36,178 12,000 2022
2 $12,990 72.83% $34,820 24,000 2023
3 $20,018 58.13% $27,792 36,000 2024
4 $23,044 51.80% $24,766 48,000 2025
5 $26,668 44.22% $21,142 60,000 2026
6 $30,469 36.27% $17,341 72,000 2027
7 $33,763 29.38% $14,047 84,000 2028
8 $35,384 25.99% $12,426 96,000 2029
9 $36,900 22.82% $10,910 108,000 2030
10 $37,053 22.50% $10,757 120,000 2031

Volvo S60 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $11,632 75.67% $36,178
2 $12,990 72.83% $34,820
3 $20,018 58.13% $27,792
4 $23,044 51.80% $24,766
5 $26,668 44.22% $21,142
6 $30,469 36.27% $17,341
7 $33,763 29.38% $14,047
8 $35,384 25.99% $12,426
9 $36,900 22.82% $10,910
10 $37,053 22.50% $10,757

Buying a Volvo S60 New vs Used

If you purchase a used Volvo S60 that is 2 years old, then you could save $12,990 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 $13,678. 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, 58% of the price as new, with 75% of the vehicle's useful life remaining. The 2020 and 2017 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
2021 $47,810 $47,810 $336 $0 0% 100%
2020 $45,491 $34,806 $385 $13,004 27.2% 75.67% Better
2019 $40,854 $30,228 $475 $4,578 13.15% 72.83%
2018 $36,639 $21,911 $613 $8,317 27.51% 58.13% Best
2017 $36,566 $19,643 $703 $2,268 10.35% 51.8% Better
2016 $36,324 $16,951 $887 $2,692 13.7% 44.22% Good
2015 $35,243 $14,005 $1,222 $2,946 17.38% 36.27% Good
2014 $35,879 $11,922 $1,380 $2,083 14.87% 29.38%
2013 $34,170 $10,368 $1,486 $1,554 13.03% 25.99%
2012 $32,012 $9,001 $1,695 $1,367 13.18% 22.82%
2011 $32,569 $9,069 $1,741 +$68 -0.76% 22.5%
2009 $30,665 $5,971 $2,350 $3,098 34.16% 11.81%
Year Price % Paid Value Rank
2021 $47,810 100%
2020 $34,806 75.67% Better
2019 $30,228 72.83%
2018 $21,911 58.13% Best
2017 $19,643 51.8% Better
2016 $16,951 44.22% Good
2015 $14,005 36.27% Good
2014 $11,922 29.38%
2013 $10,368 25.99%
2012 $9,001 22.82%
2011 $9,069 22.5%
2009 $5,971 11.81%

Volvo S60 Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Volvo S60 ranks for Depreciation compared to other vehicles. Also check out how the S60 stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

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: