Volvo V60 Cross Country Depreciation

A Volvo V60 Cross Country will depreciate 32% after 5 years and have a 5 year resale value of $35,742.

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 $52,423 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 V60 Cross Country.

Volvo V60 Cross Country Depreciation Calculator

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Volvo V60 Cross Country Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $3,502 93.32% $48,921 12,000 2022
2 $7,303 86.07% $45,120 24,000 2023
3 $9,856 81.20% $42,567 36,000 2024
4 $12,812 75.56% $39,611 48,000 2025
5 $16,681 68.18% $35,742 60,000 2026
6 $19,999 61.85% $32,424 72,000 2027
7 $23,187 55.77% $29,236 84,000 2028
8 $26,474 49.50% $25,949 96,000 2029
9 $29,147 44.40% $23,276 108,000 2030
10 $31,338 40.22% $21,085 120,000 2031

Volvo V60 Cross Country Depreciation

Years Old Depreciation Residual Value Resale Value
1 $3,502 93.32% $48,921
2 $7,303 86.07% $45,120
3 $9,856 81.20% $42,567
4 $12,812 75.56% $39,611
5 $16,681 68.18% $35,742
6 $19,999 61.85% $32,424
7 $23,187 55.77% $29,236
8 $26,474 49.50% $25,949
9 $29,147 44.40% $23,276
10 $31,338 40.22% $21,085

Buying a Volvo V60 Cross Country New vs Used

If you purchase a used Volvo V60 Cross Country that is 2 years old, then you could save $7,303 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 $9,378. 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 V60 Cross Country models become available.

What About Volvo V60 Cross Country Insurance Costs?

The average cost to insure a Volvo V60 Cross Country is about $1,901 per year. This adds up to around $9,505 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Volvo V60 Cross Country. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

Volvo V60 Cross Country Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Volvo V60 Cross Country ranks for Depreciation compared to other vehicles. Also check out how the V60 Cross Country stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Volvo V60 Cross Country 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 V60 Cross Country 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: