Volvo XC60 Depreciation

A Volvo XC60 will depreciate 61% after 5 years and have a 5 year resale value of $20,109.

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, and assumes a purchase price of $51,351 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 XC60 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,880 80.76% $41,471 13,500 2021
2 $12,088 76.46% $39,263 27,000 2022
3 $21,721 57.70% $29,630 40,500 2023
4 $27,437 46.57% $23,914 54,000 2024
5 $31,242 39.16% $20,109 67,500 2025
6 $33,152 35.44% $18,199 81,000 2026
7 $36,875 28.19% $14,476 94,500 2027
8 $38,308 25.40% $13,043 108,000 2028
9 $39,391 23.29% $11,960 121,500 2029
10 $41,148 19.87% $10,203 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $9,880 80.76% $41,471
2 $12,088 76.46% $39,263
3 $21,721 57.70% $29,630
4 $27,437 46.57% $23,914
5 $31,242 39.16% $20,109
6 $33,152 35.44% $18,199
7 $36,875 28.19% $14,476
8 $38,308 25.40% $13,043
9 $39,391 23.29% $11,960
10 $41,148 19.87% $10,203

Volvo XC60 Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Volvo XC60 that is 2 years old, then you could save $12,088 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 $19,154. 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, 47% 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.

Volvo XC60 Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $51,351 $51,351 $328 $0 0% 100%
2019 $50,953 $41,546 $394 $9,805 19.09% 80.76%
2018 $50,627 $39,226 $517 $2,320 5.58% 76.46%
2017 $42,596 $25,281 $705 $13,945 35.55% 57.7% Better
2016 $40,632 $19,751 $829 $5,530 21.87% 46.57% Best
2015 $40,098 $16,780 $1,079 $2,971 15.04% 39.16% Better
2014 $39,056 $15,378 $1,535 $1,402 8.36% 35.44% Good
2013 $38,401 $12,578 $1,752 $2,800 18.21% 28.19% Good
2012 $37,504 $11,423 $1,896 $1,155 9.18% 25.4%
2011 $34,400 $10,192 $2,181 $1,231 10.78% 23.29%
2010 $33,864 $8,974 $2,244 $1,218 11.95% 19.87%
Year Price % Paid Value Rank
2020 $51,351 100%
2019 $41,546 80.76%
2018 $39,226 76.46%
2017 $25,281 57.7% Better
2016 $19,751 46.57% Best
2015 $16,780 39.16% Better
2014 $15,378 35.44% Good
2013 $12,578 28.19% Good
2012 $11,423 25.4%
2011 $10,192 23.29%
2010 $8,974 19.87%
Our Favorite Volvo XC60 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 September 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.