Volvo XC60 Depreciation

A Volvo XC60 will depreciate 56% after 5 years and have a 5 year resale value of $22,924.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $51,550 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Volvo XC60.

Volvo XC60 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,001 82.54% $42,549 12,000 2022
2 $12,764 75.24% $38,786 24,000 2023
3 $14,491 71.89% $37,059 36,000 2024
4 $22,517 56.32% $29,033 48,000 2025
5 $28,626 44.47% $22,924 60,000 2026
6 $32,270 37.40% $19,280 72,000 2027
7 $33,956 34.13% $17,594 84,000 2028
8 $37,317 27.61% $14,233 96,000 2029
9 $39,420 23.53% $12,130 108,000 2030
10 $40,255 21.91% $11,295 120,000 2031

Volvo XC60 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,001 82.54% $42,549
2 $12,764 75.24% $38,786
3 $14,491 71.89% $37,059
4 $22,517 56.32% $29,033
5 $28,626 44.47% $22,924
6 $32,270 37.40% $19,280
7 $33,956 34.13% $17,594
8 $37,317 27.61% $14,233
9 $39,420 23.53% $12,130
10 $40,255 21.91% $11,295

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 $12,764 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 $15,862. 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, 44% of the price as new, with 58% 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
2021 $51,550 $51,550 $431 $0 0% 100%
2020 $51,351 $42,880 $497 $8,670 16.82% 82.54% Good
2019 $50,953 $38,959 $621 $3,921 9.14% 75.24% Good
2018 $50,627 $37,205 $808 $1,754 4.5% 71.89%
2017 $42,596 $24,923 $932 $12,282 33.01% 56.32% Better
2016 $40,632 $19,252 $1,182 $5,671 22.75% 44.47% Best
2015 $40,098 $16,634 $1,638 $2,618 13.6% 37.4% Better
2014 $39,056 $15,183 $1,855 $1,451 8.72% 34.13%
2013 $38,401 $12,601 $1,999 $2,582 17.01% 27.61%
2012 $37,504 $11,110 $2,284 $1,491 11.83% 23.53%
2011 $34,400 $9,884 $2,347 $1,226 11.04% 21.91%
2010 $33,864 $8,794 $2,690 $1,090 11.03% 18.03%
Year Price % Paid Value Rank
2021 $51,550 100%
2020 $42,880 82.54% Good
2019 $38,959 75.24% Good
2018 $37,205 71.89%
2017 $24,923 56.32% Better
2016 $19,252 44.47% Best
2015 $16,634 37.4% Better
2014 $15,183 34.13%
2013 $12,601 27.61%
2012 $11,110 23.53%
2011 $9,884 21.91%
2010 $8,794 18.03%

Other Volvo XC60 Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Volvo XC60 costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: