Volvo XC40 Recharge depreciation: value by age
Value kept after 3 years
48%
- Loses 52% in 3 years.
- 2023 Core AWD. New: $54,645. Now: $26,200.
- Median SUV at 3 years: 63% kept.
- Value now: KBB fair price.
| Model year | Age | Trim | Original MSRP | Value now | Source | Kept | Lost | Lost per year |
|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | Core RWD | $55,395 | $29,300 | KBB fair price | 53% | $26,095 | $13,048 |
| 2023 | 3 | Core AWD | $54,645 | $26,200 | KBB fair price | 48% | $28,445 | $9,482 |
| 2022 | 4 | Core AWD | $52,795 | $21,700 | KBB fair price | 41% | $31,095 | $7,774 |
| 2021 | 5 | AWD | $55,085 | $24,000 | KBB fair price | 44% | $31,085 | $6,217 |
- Biggest drop
- New to age 2: $13,048 a year.
- Values as of
- October 2026
KBB resale value by year
| Model year | 2023 | 2024 | 2025 | 2026 | 2027 KBB forecast | 2028 KBB forecast |
|---|---|---|---|---|---|---|
| 2024 | N/A | $55,395 | $32,990 | $27,600 | $24,491 | $21,938 |
| 2023 | $54,645 | $27,569 | $28,137 | $24,700 | $20,818 | $17,605 |
| 2022 | N/A | $23,743 | $21,724 | $20,400 | N/A | N/A |
| 2021 | $40,759 | $21,341 | $17,784 | $22,700 | $19,418 | $16,739 |
KBB resale values. 2027 and 2028 are KBB forecasts.
What this cannot tell you
Values as of October 2026. KBB and CarGurus national figures.
Mileage and condition change the value.
- 2 or more sources
- 1 source
- Model-level, rule or estimate