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Volvo S60 Resale Value and Depreciation

See how much the Volvo S60 depreciates and retains its value over a 3-, 5-, 7- and 10-year timeframe.

Depreciation is the single largest factor in the cost of owning a vehicle. That means knowing how much a vehicle depreciates over time and how well it will hold its value is important. iSeeCars analyzed over 15 million vehicles to determine how much each model depreciates over a 3-, 5-, 7- and 10-year period. Typically, five years is the timeframe used to evaluate and compare depreciation across vehicles.

A new Volvo S60 depreciates 50.9 percent after five years, resulting in a resale value of $20,853. In comparison, the luxury compact car category, which the Volvo S60 belongs to, loses 49 percent of its value after five years. For further context, the five-year depreciation for all sedans is 39.8 percent and for all vehicles is 42 percent.

If you plan to drive a new Volvo S60 for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Volvo S60 sees a depreciation of 38.7 percent with a resale value of $26,018. Its 7-year depreciation is 64.3 percent and 10-year depreciation is 73.6 percent.

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Depreciation is the single largest factor in the cost of owning a vehicle. That means knowing how much a vehicle depreciates over time and how well it will hold its value is important. iSeeCars analyzed over 15 million vehicles to determine how much each model depreciates over a 3-, 5-, 7- and 10-year period. Typically, five years is the timeframe used to evaluate and compare depreciation across vehicles.

A new Volvo S60 depreciates 50.9 percent after five years, resulting in a resale value of $20,853. In comparison, the luxury compact car category, which the Volvo S60 belongs to, loses 49 percent of its value after five years. For further context, the five-year depreciation for all sedans is 39.8 percent and for all vehicles is 42 percent.

If you plan to drive a new Volvo S60 for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Volvo S60 sees a depreciation of 38.7 percent with a resale value of $26,018. Its 7-year depreciation is 64.3 percent and 10-year depreciation is 73.6 percent.

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Volvo S60 Depreciation After 3, 5, 7 and 10 Years

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Volvo S60 Depreciation and Resale Value

Vehicle Age % Depreciation $ Depreciation % Residual Value $ Residual Value

3 Years

38.7%

$16,432

61.3%

$26,018

5 Years

50.9%

$21,597

49.1%

$20,853

7 Years

64.3%

$27,313

35.7%

$15,137

10 Years

73.6%

$31,252

26.4%

$11,198

Volvo S60 Depreciation Comparison

3-Year Depreciation 5-Year Depreciation 7-Year Depreciation 10-Year Depreciation

Volvo S60

38.7%

50.9%

64.3%

73.6%

All Luxury Compact Cars

35.8%

49%

60.3%

72.7%

All Sedans

28%

39.8%

52.4%

64.2%

All Cars

30%

42%

53.7%

65.2%

Methodology

iSeeCars analyzed over 15 million vehicles to calculate the depreciation and resale value for each model after 3, 5, 7, and 10 years. The depreciation for a given model is calculated from the difference between the new car price and the used car price for the model at each age. Factors such as the car’s automaker and vehicle segment are taken into account in iSeeCars' mathematical model to estimate resale value and depreciation. Various segment averages are also calculated for context.