Volvo XC40 Depreciation

A Volvo XC40 will depreciate 46% after 5 years and have a 5 year resale value of $26,664.

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 $48,970 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 XC40.

CarEdge Insights
Unlock the secrets to smarter car buying.
Now includes dealer invoice pricing.
Get CarEdge's tool kit for expert negotiations and insider data so you can make your next car purchase with confidence and clarity.
Dealer Invoice Price
Total For Sale & Total Sold
Market Days Supply
And more!
Unlock the secrets to smarter car buying.
Now includes dealer invoice pricing.
Get CarEdge's tool kit for expert negotiations and insider data so you can make your next car purchase with confidence and clarity.
Dealer Invoice Price
Market Days Supply
Total For Sale & Total Sold
And more!

Volvo XC40 Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles
This calculator is for illustrative and educational purposes only. Its accuracy and applicability to your circumstances is not guaranteed. You may wish to consult your own adviser regarding your particular circumstances.

Volvo XC40 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $14,231 70.94% $34,739 13,500 2025
2 $15,000 69.37% $33,970 27,000 2026
3 $15,969 67.39% $33,001 40,500 2027
4 $17,712 63.83% $31,258 54,000 2028
5 $22,306 54.45% $26,664 67,500 2029
6 $23,045 52.94% $25,925 81,000 2030
7 $33,833 30.91% $15,137 94,500 2031
8 $35,890 26.71% $13,080 108,000 2032
9 $36,972 24.50% $11,998 121,500 2033
10 $37,873 22.66% $11,097 135,000 2034

Volvo XC40 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $14,231 70.94% $34,739
2 $15,000 69.37% $33,970
3 $15,969 67.39% $33,001
4 $17,712 63.83% $31,258
5 $22,306 54.45% $26,664
6 $23,045 52.94% $25,925
7 $33,833 30.91% $15,137
8 $35,890 26.71% $13,080
9 $36,972 24.50% $11,998
10 $37,873 22.66% $11,097

Help me understand

CarEdge Depreciation Calculator

You entered the vehicle’s current age and how long you plan to own it. To understand your projected depreciation:
  • Start with the row matching the vehicle’s current age
  • Find the row for the vehicle’s age after your ownership period
  • The difference between those two resale values is your estimated depreciation
Example: If your vehicle is 2 years old and you plan to own it for 3 years, look at the values for 2 and 5 years old.

Buying a Volvo XC40 New vs Used

If you purchase a used Volvo XC40 that is 2 years old, then you could save $15,000 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 $7,306. 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 XC40 models become available.

What About Volvo XC40 Insurance Costs?

The average cost to insure a Volvo XC40 is about $2,438 per year. This adds up to around $12,190 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 XC40. 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

The Best Model Years to Buy a Volvo XC40

The 2024 Volvo XC40 is our top pick for the best model year value for the XC40. With the 2024, you would only pay, on average, 71% of the price as new, with 92% of the vehicle's useful life remaining. The 2023 and 2022 model years are also attractive years for the XC40, and provide a relatively good value. Our rankings consider multiple factors, including the XC40'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 XC40 models.

Volvo XC40 Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2025 $48,970 $48,970 $515 $0 0% 100%
2024 $48,495 $34,404 $598 $14,566 29.74% 70.94% Best
2023 $45,530 $31,584 $757 $2,820 8.2% 69.37% Better
2022 $42,403 $28,577 $968 $3,007 9.52% 67.39% Better
2021 $41,003 $26,173 $1,171 $2,404 8.41% 63.83% Good
2020 $41,737 $22,727 $1,537 $3,446 13.17% 54.45% Good
2019 $39,645 $20,987 $1,703 $1,740 7.66% 52.94%
Year Price % Paid Value Rank
2025 $48,970 100%
2024 $34,404 70.94% Best
2023 $31,584 69.37% Better
2022 $28,577 67.39% Better
2021 $26,173 63.83% Good
2020 $22,727 54.45% Good
2019 $20,987 52.94%

Volvo XC40 Depreciation Rankings


We've ranked over 300 models from best to worst for Depreciation. See where the Volvo XC40 ranks for Depreciation compared to other vehicles. Also check out how the XC40 stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Other Volvo XC40 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 XC40 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:

Buying a car just got a whole lot easier.

What type of help are you looking for?

Make dealers compete. Get offers on new cars in minutes.

New, used, lease - we'll find & negotiate it.
Car Buying & Leasing Service
Search cars
Search smarter

Related Articles

Do Electric And Hybrid Cars Hold Their Value?

The 10 Cars, Trucks, and SUVs with the Best Resale Value in 2024

5 Trucks with the Worst Depreciation

Other Volvo Models & Comparisons