Volvo XC40 Resale Value and Depreciation
See how much the Volvo XC40 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 XC40 depreciates 47 percent after five years, resulting in a resale value of $21,553. In comparison, the luxury subcompact SUV category, which the Volvo XC40 belongs to, loses 48.5 percent of its value after five years. For further context, the five-year depreciation for all SUVs is 47 percent and for all vehicles is 43.7 percent.
If you plan to drive a new Volvo XC40 for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Volvo XC40 sees a depreciation of 30.9 percent with a resale value of $28,107. Its 7-year depreciation is 61 percent and 10-year depreciation is 75.6 percent.
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 XC40 depreciates 47 percent after five years, resulting in a resale value of $21,553. In comparison, the luxury subcompact SUV category, which the Volvo XC40 belongs to, loses 48.5 percent of its value after five years. For further context, the five-year depreciation for all SUVs is 47 percent and for all vehicles is 43.7 percent.
If you plan to drive a new Volvo XC40 for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Volvo XC40 sees a depreciation of 30.9 percent with a resale value of $28,107. Its 7-year depreciation is 61 percent and 10-year depreciation is 75.6 percent.
Volvo XC40 Depreciation After 3, 5, 7 and 10 Years
Volvo XC40 Depreciation and Resale Value
| Vehicle Age | % Depreciation | $ Depreciation | % Residual Value | $ Residual Value |
|---|---|---|---|---|
|
3 Years |
30.9% |
$12,543 |
69.1% |
$28,107 |
|
5 Years |
47% |
$19,097 |
53% |
$21,553 |
|
7 Years |
61% |
$24,800 |
39% |
$15,850 |
|
10 Years |
75.6% |
$30,741 |
24.4% |
$9,909 |
Volvo XC40 Depreciation Comparison
| 3-Year Depreciation | 5-Year Depreciation | 7-Year Depreciation | 10-Year Depreciation | |
|---|---|---|---|---|
|
Volvo XC40 |
30.9% |
47% |
61% |
75.6% |
|
All Luxury Subcompact SUVs |
33.1% |
48.5% |
60.9% |
75.3% |
|
All SUVs |
32.4% |
47% |
58.2% |
69.1% |
|
All Cars |
30.5% |
43.7% |
54.5% |
65.7% |
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.