Volvo XC40 Depreciation

A Volvo XC40 will depreciate 59% after 5 years and have a 5 year resale value of $16,550.

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, and assumes a purchase price of $39,928 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Volvo XC40 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,183 77.00% $30,745 13,500 2021
2 $13,128 67.12% $26,800 27,000 2022
3 $17,373 56.49% $22,555 40,500 2023
4 $20,671 48.23% $19,257 54,000 2024
5 $23,378 41.45% $16,550 67,500 2025
6 $26,013 34.85% $13,915 81,000 2026
7 $28,117 29.58% $11,811 94,500 2027
8 $29,762 25.46% $10,166 108,000 2028
9 $31,467 21.19% $8,461 121,500 2029
10 $32,857 17.71% $7,071 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $9,183 77.00% $30,745
2 $13,128 67.12% $26,800
3 $17,373 56.49% $22,555
4 $20,671 48.23% $19,257
5 $23,378 41.45% $16,550
6 $26,013 34.85% $13,915
7 $28,117 29.58% $11,811
8 $29,762 25.46% $10,166
9 $31,467 21.19% $8,461
10 $32,857 17.71% $7,071

Volvo XC40 Depreciation Calculator

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If you purchase a used Volvo XC40 that is 2 years old, then you could save $13,128 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 $10,250. 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.

Our Favorite Volvo XC40 Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in April 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.