Sweden

Volvo Depreciation Rate

Safety-first Swedish brand, now Chinese-owned (Geely).

Luxury-adjacent depreciation; XC90 holds best.

Avg 5-yr retained

44%

Models tracked

Volvo depreciation by model

The Volvo S60 is a Swedish compact luxury sedan that competes with the BMW 3 Series and Mercedes C-Class. Like most European luxury sedans, the S60 depreciates faster than mainstream rivals, with typical resale retention of around 45% after five years — softened further on loaded Polestar Engineered and plug-in hybrid trims.

The Volvo XC40 is a Swedish subcompact luxury SUV that balances Scandinavian design with strong safety credentials. Like most entry-luxury crossovers, it depreciates faster than mainstream rivals, retaining roughly 48–52% of MSRP after five years, with the electric Recharge variants losing value more aggressively than gas models.

The Volvo XC60 is a Scandinavian luxury compact SUV known for safety, understated design, and Recharge plug-in hybrid powertrains. Depreciation is steeper than German rivals in the first two years but stabilizes well, with five-year retained value typically in the 48–52% range.

The Volvo XC90 is a three-row luxury SUV known for Scandinavian design, class-leading safety, and mild-hybrid and plug-in hybrid powertrains. Depreciation is steeper than German and Japanese luxury rivals, with the XC90 typically retaining around 48–52% of MSRP after five years, creating strong value on the used market.

Volvo depreciation FAQ

What is the average depreciation rate for Volvo?

Volvo vehicles depreciate by about 56% over 5 years on average — retaining roughly 44% of their original MSRP. Luxury-adjacent depreciation; XC90 holds best.

Which Volvo model has the lowest depreciation?

Depreciation rates vary significantly across the Volvo lineup. Open any model below to see its year-by-year depreciation curve, per-mile depreciation, and country-specific rates.

Does Volvo depreciation vary by country?

Yes. The same Volvo can depreciate up to 10% faster or slower in one market versus another, driven by local demand, climate, tax policy, and service network strength. Each model page breaks down the depreciation rate for all 7 markets we track.