Volvo XC40 Depreciation

A Volvo XC40 will depreciate 55% after 5 years and have a 5 year resale value of $18,397.

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 $40,487 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.

Volvo XC40 Depreciation Calculator

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Volvo XC40 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $7,535 81.39% $32,952 12,000 2022
2 $10,547 73.95% $29,940 24,000 2023
3 $12,903 68.13% $27,584 36,000 2024
4 $16,867 58.34% $23,620 48,000 2025
5 $22,090 45.44% $18,397 60,000 2026
6 $25,345 37.40% $15,142 72,000 2027
7 $26,628 34.23% $13,859 84,000 2028
8 $29,479 27.19% $11,008 96,000 2029
9 $31,155 23.05% $9,332 108,000 2030
10 $32,135 20.63% $8,352 120,000 2031

Volvo XC40 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $7,535 81.39% $32,952
2 $10,547 73.95% $29,940
3 $12,903 68.13% $27,584
4 $16,867 58.34% $23,620
5 $22,090 45.44% $18,397
6 $25,345 37.40% $15,142
7 $26,628 34.23% $13,859
8 $29,479 27.19% $11,008
9 $31,155 23.05% $9,332
10 $32,135 20.63% $8,352

Buying a Volvo XC40 New vs Used

If you purchase a used Volvo XC40 that is 2 years old, then you could save $10,547 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 $11,543. 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.

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: