Volvo V60 Depreciation

A Volvo V60 will depreciate 52% after 5 years and have a 5 year resale value of $26,878.

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 $56,077 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.

Volvo V60 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $12,701 77.35% $43,376 13,500 2021
2 $17,176 69.37% $38,901 27,000 2022
3 $20,978 62.59% $35,099 40,500 2023
4 $25,532 54.47% $30,545 54,000 2024
5 $29,199 47.93% $26,878 67,500 2025
6 $32,586 41.89% $23,491 81,000 2026
7 $34,998 37.59% $21,079 94,500 2027
8 $36,955 34.10% $19,122 108,000 2028
9 $38,839 30.74% $17,238 121,500 2029
10 $40,734 27.36% $15,343 135,000 2030

Volvo V60 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $12,701 77.35% $43,376
2 $17,176 69.37% $38,901
3 $20,978 62.59% $35,099
4 $25,532 54.47% $30,545
5 $29,199 47.93% $26,878
6 $32,586 41.89% $23,491
7 $34,998 37.59% $21,079
8 $36,955 34.10% $19,122
9 $38,839 30.74% $17,238
10 $40,734 27.36% $15,343

Volvo V60 Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Volvo V60 that is 2 years old, then you could save $17,176 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 $12,023. 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 models become available.

Other Volvo V60 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 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: