Volvo XC60 Resale Value and Depreciation
See how much the Volvo XC60 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 XC60 depreciates 49.7 percent after five years, resulting in a resale value of $24,992. In comparison, the luxury compact SUV category, which the Volvo XC60 belongs to, loses 48.8 percent of its value after five years. For further context, the five-year depreciation for all SUVs is 44.9 percent and for all vehicles is 41.5 percent.
If you plan to drive a new Volvo XC60 for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Volvo XC60 sees a depreciation of 30.6 percent with a resale value of $34,473. Its 7-year depreciation is 61.3 percent and 10-year depreciation is 77.2 percent.
Volvo XC60
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 XC60 depreciates 49.7 percent after five years, resulting in a resale value of $24,992. In comparison, the luxury compact SUV category, which the Volvo XC60 belongs to, loses 48.8 percent of its value after five years. For further context, the five-year depreciation for all SUVs is 44.9 percent and for all vehicles is 41.5 percent.
If you plan to drive a new Volvo XC60 for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Volvo XC60 sees a depreciation of 30.6 percent with a resale value of $34,473. Its 7-year depreciation is 61.3 percent and 10-year depreciation is 77.2 percent.
Volvo XC60 Depreciation After 3, 5, 7 and 10 Years
Volvo XC60 Depreciation and Resale Value
| Vehicle Age | % Depreciation | $ Depreciation | % Residual Value | $ Residual Value |
|---|---|---|---|---|
|
3 Years |
0.3063748936 |
15226.83221192 |
0.6936251064 |
34473.16778808 |
|
5 Years |
0.4971482746 |
24708.26924762 |
0.5028517254 |
24991.73075238 |
|
7 Years |
0.6129583936 |
30464.03216192 |
0.3870416064 |
19235.96783808 |
|
10 Years |
0.7715081839 |
38343.95673983 |
0.2284918161 |
11356.04326017 |
Volvo XC60 Depreciation Comparison
| 3-Year Depreciation | 5-Year Depreciation | 7-Year Depreciation | 10-Year Depreciation | |
|---|---|---|---|---|
|
Volvo XC60 |
0.3063748936 |
0.4971482746 |
0.6129583936 |
0.7715081839 |
|
All Luxury Compact SUVs |
0.2822055634391362 |
0.4878703045148234 |
0.6247845216509365 |
0.7444597982490782 |
|
All SUVs |
0.252713181526464 |
0.4494391356574734 |
0.5603435733670495 |
0.688590770472744 |
|
All Cars |
0.2394514816399771 |
0.4148778028183556 |
0.5272667613116062 |
0.6537215231104988 |
Depreciation and resale value data for other Volvo XC60 styles:
Volvo XC60 (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 XC60 depreciates 53 percent after five years, resulting in a resale value of $28,757. In comparison, the luxury hybrid compact SUV category, which the Volvo XC60 belongs to, loses 55.2 percent of its value after five years. For further context, the five-year depreciation for all SUVs is 44.9 percent and for all vehicles is 41.5 percent.
If you plan to drive a new Volvo XC60 for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Volvo XC60 sees a depreciation of 37.5 percent with a resale value of $38,232. Its 7-year depreciation is 65.1 percent and 10-year depreciation is 81.4 percent.
Volvo XC60 (Plug-in Hybrid) Depreciation After 3, 5, 7 and 10 Years
Volvo XC60 (Plug-in Hybrid) Depreciation and Resale Value
| Vehicle Age | % Depreciation | $ Depreciation | % Residual Value | $ Residual Value |
|---|---|---|---|---|
|
3 Years |
0.3747805713 |
22917.831934995 |
0.6252194287 |
38232.168065005 |
|
5 Years |
0.5297354282 |
32393.32143443 |
0.4702645718 |
28756.67856557 |
|
7 Years |
0.6506443891 |
39786.904393465 |
0.3493556109 |
21363.095606535 |
|
10 Years |
0.8140182991 |
49777.218989965 |
0.1859817009 |
11372.781010035 |
Volvo XC60 (Plug-in Hybrid) Depreciation Comparison
| 3-Year Depreciation | 5-Year Depreciation | 7-Year Depreciation | 10-Year Depreciation | |
|---|---|---|---|---|
|
Volvo XC60 (Plug-in Hybrid) |
0.3747805713 |
0.5297354282 |
0.6506443891 |
0.8140182991 |
|
All Luxury Hybrid Compact SUVs |
0.2400327827616881 |
0.5515044541617845 |
0.6410545715101695 |
0.7487879541666667 |
|
All SUVs |
0.252713181526464 |
0.4494391356574734 |
0.5603435733670495 |
0.688590770472744 |
|
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.