Volvo V60 Cross Country Depreciation

A Volvo V60 Cross Country will depreciate 48% after 5 years and have a 5 year resale value of $22,863.

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 $44,146 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 $9,553 78.36% $34,593 12,000 2022
2 $12,732 71.16% $31,414 24,000 2023
3 $15,429 65.05% $28,717 36,000 2024
4 $17,932 59.38% $26,214 48,000 2025
5 $21,283 51.79% $22,863 60,000 2026
6 $24,192 45.20% $19,954 72,000 2027
7 $26,598 39.75% $17,548 84,000 2028
8 $28,470 35.51% $15,676 96,000 2029
9 $30,161 31.68% $13,985 108,000 2030
10 $31,370 28.94% $12,776 120,000 2031

Volvo V60 Cross Country Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,553 78.36% $34,593
2 $12,732 71.16% $31,414
3 $15,429 65.05% $28,717
4 $17,932 59.38% $26,214
5 $21,283 51.79% $22,863
6 $24,192 45.20% $19,954
7 $26,598 39.75% $17,548
8 $28,470 35.51% $15,676
9 $30,161 31.68% $13,985
10 $31,370 28.94% $12,776

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 $12,732 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 $8,551. 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 $1,741 per year. This adds up to around $8,705 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: