How fast does the Volvo S60 depreciate?
Average depreciation
13.6%per year
The newest Volvo S60 (2025) has a fair price of about $36,437. Older model years retain progressively less of that value.
Value retention by model year
| Model year | Age (yrs) | Fair price | Retention |
|---|---|---|---|
| 2025 | 1 | $36,437 | 100% |
| 2024 | 2 | $31,399 | 86% |
| 2023 | 3 | $30,699 | 84% |
| 2022 | 4 | $25,052 | 69% |
| 2021 | 5 | $22,540 | 62% |
| 2020 | 6 | $19,930 | 55% |
| 2019 | 7 | $18,623 | 51% |
| 2018 | 8 | $13,964 | 38% |
| 2017 | 9 | $10,965 | 30% |
| 2016 | 10 | $9,809 | 27% |
This is a cross-sectional estimate: it compares the mileage-adjusted market prices of different model years today, not the resale history of a single car. Actual depreciation depends on mileage, condition, trim, and market shifts.
12-year depreciation forecast
Projected resale value and typical accumulated mileage for the Volvo S60 by vehicle age. Rows marked Market are backed by current listings; Projected rows extrapolate the 13.6%-per-year rate.
| Age (yrs) | Model year | Est. miles | Resale value | Retention | Basis |
|---|---|---|---|---|---|
| 1 | 2025 | 12,000 | $36,437 | 100% | Market |
| 2 | 2024 | 24,000 | $31,399 | 86% | Market |
| 3 | 2023 | 36,000 | $30,699 | 84% | Market |
| 4 | 2022 | 48,000 | $25,052 | 69% | Market |
| 5 | 2021 | 60,000 | $22,540 | 62% | Market |
| 6 | 2020 | 72,000 | $19,930 | 55% | Market |
| 7 | 2019 | 84,000 | $18,623 | 51% | Market |
| 8 | 2018 | 96,000 | $13,964 | 38% | Market |
| 9 | 2017 | 108,000 | $10,965 | 30% | Market |
| 10 | 2016 | 120,000 | $9,809 | 27% | Market |
| 11 | 2015 | 132,000 | $8,443 | 23% | Projected |
| 12 | 2014 | 144,000 | $7,295 | 20% | Projected |
Mileage assumes ~12,000 mi/yr. Projected values use the fitted depreciation rate and are floored at 15% of the newest year's value; they are estimates, not guarantees.
Frequently asked questions
How fast does the Volvo S60 depreciate?
About 13.6% per year, based on a comparison of mileage-adjusted market prices across model years.
What is a Volvo S60 worth after 10 years?
A 2016 Volvo S60 is worth roughly $9,809 — about 27% of the newest year's fair price.
What will a Volvo S60 be worth at 12 years old?
Projecting the 13.6%-per-year rate forward, a 12-year-old Volvo S60 (around 144,000 miles) would be worth about $7,295 — roughly 20% of the newest year's value. A projection, not a guarantee.
Cross-sectional depreciation estimate from live market listings, adjusted for mileage · updated 6/25/2026. Estimates only; your car's value depends on condition, options, and location.