Volvo XC60 Depreciation
A Volvo XC60 will depreciate 61% after 5 years and have a 5 year resale value of $19,976.
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 $51,351 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 XC60.
- Share
Volvo XC60 Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $9,983 | 80.56% | $41,368 | 13,500 | 2021 |
| 2 | $12,191 | 76.26% | $39,160 | 27,000 | 2022 |
| 3 | $21,850 | 57.45% | $29,501 | 40,500 | 2023 |
| 4 | $27,565 | 46.32% | $23,786 | 54,000 | 2024 |
| 5 | $31,375 | 38.90% | $19,976 | 67,500 | 2025 |
| 6 | $33,286 | 35.18% | $18,065 | 81,000 | 2026 |
| 7 | $37,009 | 27.93% | $14,342 | 94,500 | 2027 |
| 8 | $38,446 | 25.13% | $12,905 | 108,000 | 2028 |
| 9 | $39,545 | 22.99% | $11,806 | 121,500 | 2029 |
| 10 | $41,302 | 19.57% | $10,049 | 135,000 | 2030 |
Volvo XC60 Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $9,983 | 80.56% | $41,368 |
| 2 | $12,191 | 76.26% | $39,160 |
| 3 | $21,850 | 57.45% | $29,501 |
| 4 | $27,565 | 46.32% | $23,786 |
| 5 | $31,375 | 38.90% | $19,976 |
| 6 | $33,286 | 35.18% | $18,065 |
| 7 | $37,009 | 27.93% | $14,342 |
| 8 | $38,446 | 25.13% | $12,905 |
| 9 | $39,545 | 22.99% | $11,806 |
| 10 | $41,302 | 19.57% | $10,049 |
If you purchase a used Volvo XC60 that is 2 years old, then you could save $12,191 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 $19,184. 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 XC60 models become available.
The Best Model Years to Buy a Volvo XC60
The 2016 Volvo XC60 is our top pick for the best model year value for the XC60. With the 2016, you would only pay, on average, 46% of the price as new, with 67% of the vehicle's useful life remaining. The 2015 and 2017 model years are also attractive years for the XC60, and provide a relatively good value. Our rankings consider multiple factors, including the XC60'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 XC60 models.
- Share
Volvo XC60 Historical Depreciation
| Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
|---|---|---|---|---|---|---|---|
| 2020 | $51,351 | $51,351 | $431 | $0 | 0% | 100% | |
| 2019 | $50,953 | $41,546 | $497 | $9,805 | 19.09% | 80.56% | |
| 2018 | $50,627 | $39,226 | $620 | $2,320 | 5.58% | 76.26% | |
| 2017 | $42,596 | $25,281 | $808 | $13,945 | 35.55% | 57.45% | Better |
| 2016 | $40,632 | $19,751 | $931 | $5,530 | 21.87% | 46.32% | Best |
| 2015 | $40,098 | $16,780 | $1,182 | $2,971 | 15.04% | 38.9% | Better |
| 2014 | $39,056 | $15,378 | $1,638 | $1,402 | 8.36% | 35.18% | Good |
| 2013 | $38,401 | $12,578 | $1,854 | $2,800 | 18.21% | 27.93% | Good |
| 2012 | $37,504 | $11,423 | $1,998 | $1,155 | 9.18% | 25.13% | |
| 2011 | $34,400 | $10,192 | $2,284 | $1,231 | 10.78% | 22.99% | |
| 2010 | $33,864 | $8,974 | $2,347 | $1,218 | 11.95% | 19.57% |
| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2020 | $51,351 | 100% | |
| 2019 | $41,546 | 80.56% | |
| 2018 | $39,226 | 76.26% | |
| 2017 | $25,281 | 57.45% | Better |
| 2016 | $19,751 | 46.32% | Best |
| 2015 | $16,780 | 38.9% | Better |
| 2014 | $15,378 | 35.18% | Good |
| 2013 | $12,578 | 27.93% | Good |
| 2012 | $11,423 | 25.13% | |
| 2011 | $10,192 | 22.99% | |
| 2010 | $8,974 | 19.57% |
Other Volvo XC60 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 XC60 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:
