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 48.5 percent after five years, resulting in a resale value of $21,958. In comparison, the luxury compact car category, which the Volvo S60 belongs to, loses 45.6 percent of its value after five years. For further context, the five-year depreciation for all sedans is 38.9 percent and for all vehicles is 41.5 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 33.1 percent with a resale value of $28,520. Its 7-year depreciation is 60.7 percent and 10-year depreciation is 75.3 percent.
Volvo S60
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 48.5 percent after five years, resulting in a resale value of $21,958. In comparison, the luxury compact car category, which the Volvo S60 belongs to, loses 45.6 percent of its value after five years. For further context, the five-year depreciation for all sedans is 38.9 percent and for all vehicles is 41.5 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 33.1 percent with a resale value of $28,520. Its 7-year depreciation is 60.7 percent and 10-year depreciation is 75.3 percent.
Volvo S60 Depreciation After 3, 5, 7 and 10 Years
Volvo S60 Depreciation and Resale Value
| Vehicle Age | % Depreciation | $ Depreciation | % Residual Value | $ Residual Value |
|---|---|---|---|---|
|
3 Years |
0.3305174483 |
14080.04329758 |
0.6694825517 |
28519.95670242 |
|
5 Years |
0.4845547378 |
20642.03183028 |
0.5154452622 |
21957.96816972 |
|
7 Years |
0.6071330134 |
25863.86637084 |
0.3928669866 |
16736.13362916 |
|
10 Years |
0.7528233802 |
32070.27599652 |
0.2471766198 |
10529.72400348 |
Volvo S60 Depreciation Comparison
| 3-Year Depreciation | 5-Year Depreciation | 7-Year Depreciation | 10-Year Depreciation | |
|---|---|---|---|---|
|
Volvo S60 |
0.3305174483 |
0.4845547378 |
0.6071330134 |
0.7528233802 |
|
All Luxury Compact Cars |
0.2526961474792823 |
0.4562825085173003 |
0.5857658827316263 |
0.7115770721763182 |
|
All Sedans |
0.2415476672307548 |
0.3893461468076093 |
0.5107327381186078 |
0.6415619399745116 |
|
All Cars |
0.2394514816399771 |
0.4148778028183556 |
0.5272667613116062 |
0.6537215231104988 |
Depreciation and resale value data for other Volvo S60 styles:
Volvo S60 (Plug-in Hybrid)
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 51.7 percent after five years, resulting in a resale value of $25,157. In comparison, the luxury hybrid compact car category, which the Volvo S60 belongs to, loses 50.7 percent of its value after five years. For further context, the five-year depreciation for all sedans is 38.9 percent and for all vehicles is 41.5 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 39.9 percent with a resale value of $31,316. Its 7-year depreciation is 64.5 percent and 10-year depreciation is 79.5 percent.
Volvo S60 (Plug-in Hybrid) Depreciation After 3, 5, 7 and 10 Years
Volvo S60 (Plug-in Hybrid) Depreciation and Resale Value
| Vehicle Age | % Depreciation | $ Depreciation | % Residual Value | $ Residual Value |
|---|---|---|---|---|
|
3 Years |
0.398923126 |
20783.8948646 |
0.601076874 |
31316.1051354 |
|
5 Years |
0.5171418914 |
26943.09254194 |
0.4828581086 |
25156.90745806 |
|
7 Years |
0.6448190089 |
33595.07036369 |
0.3551809911 |
18504.92963631 |
|
10 Years |
0.7953334954 |
41436.87511034 |
0.2046665046 |
10663.12488966 |
Volvo S60 (Plug-in Hybrid) Depreciation Comparison
| 3-Year Depreciation | 5-Year Depreciation | 7-Year Depreciation | 10-Year Depreciation | |
|---|---|---|---|---|
|
Volvo S60 (Plug-in Hybrid) |
0.398923126 |
0.5171418914 |
0.6448190089 |
0.7953334954 |
|
All Luxury Hybrid Compact Cars |
0.3337580960333333 |
0.506953480168 |
0.6312783686412371 |
0.7785938986 |
|
All Sedans |
0.2415476672307548 |
0.3893461468076093 |
0.5107327381186078 |
0.6415619399745116 |
|
All Cars |
0.2394514816399771 |
0.4148778028183556 |
0.5272667613116062 |
0.6537215231104988 |
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.