Volvo XC60 depreciation: value by age
Value kept after 3 years
59%
- Loses 41% in 3 years.
- 2023 B5 FWD Core. New: $46,845. Now: $27,800.
- 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 | B5 Core Dark Theme AWD | $47,645 | $30,000 | KBB fair price | 63% | $17,645 | $8,823 |
| 2023 | 3 | B5 FWD Core | $46,845 | $27,800 | KBB fair price | 59% | $19,045 | $6,348 |
| 2022 | 4 | B5 FWD Momentum | $46,045 | $22,600 | KBB fair price | 49% | $23,445 | $5,861 |
| 2021 | 5 | T5 FWD Momentum | $42,795 | $21,600 | KBB fair price | 50% | $21,195 | $4,239 |
| 2020 | 6 | T5 FWD Momentum | $43,445 | $19,650 | KBB fair price | 45% | $23,795 | $3,966 |
| 2019 | 7 | T5 FWD Momentum | $42,495 | $18,500 | KBB fair price | 44% | $23,995 | $3,428 |
| 2018 | 8 | T5 Momentum AWD | $42,495 | $16,350 | KBB fair price | 38% | $26,145 | $3,268 |
| 2017 | 9 | T5 Dynamic FWD | $41,945 | $11,150 | KBB fair price | 27% | $30,795 | $3,422 |
| 2016 | 10 | T5 FWD | $38,120 | $9,875 | KBB fair price | 26% | $28,245 | $2,825 |
| 2015 | 11 | T5 AWD | $36,675 | $8,950 | KBB fair price | 24% | $27,725 | $2,520 |
| 2014 | 12 | 3.2 AWD | $35,765 | $8,575 | KBB fair price | 24% | $27,190 | $2,266 |
| 2013 | 13 | 3.2 FWD | $35,245 | $7,075 | KBB fair price | 20% | $28,170 | $2,167 |
| 2012 | 14 | 3.2 AWD | $34,925 | $6,325 | KBB fair price | 18% | $28,600 | $2,043 |
| 2011 | 15 | 3.2 AWD | $33,775 | $5,825 | KBB fair price | 17% | $27,950 | $1,863 |
| 2010 | 16 | 3.2 2WD | $33,995 | $4,775 | KBB fair price | 14% | $29,220 | $1,826 |
- Biggest drop
- New to age 2: $8,823 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 | $36,659 | $32,969 | $28,200 | $23,550 | $19,539 |
| 2023 | $46,845 | $31,395 | $29,381 | $26,200 | $23,255 | $20,798 |
| 2022 | $34,225 | $29,515 | $25,314 | $21,400 | $19,153 | $16,781 |
| 2021 | $30,097 | $25,445 | $22,002 | $20,400 | $17,141 | $14,501 |
| 2020 | $25,579 | $21,524 | $18,417 | $18,450 | $16,512 | $14,467 |
| 2019 | $25,713 | $18,620 | $16,085 | $16,350 | $14,181 | $12,357 |
| 2018 | $19,785 | $16,393 | $14,329 | $15,000 | N/A | N/A |
| 2017 | $13,627 | $9,990 | $8,578 | $10,050 | N/A | N/A |
| 2016 | $10,527 | $7,421 | $7,663 | $8,900 | N/A | N/A |
| 2015 | $13,665 | $11,111 | $10,589 | N/A | N/A | N/A |
| 2014 | $7,541 | $5,615 | $4,924 | $7,500 | N/A | N/A |
| 2013 | $7,197 | $5,837 | $5,599 | $6,825 | N/A | N/A |
| 2012 | $6,591 | $5,812 | $5,003 | $5,525 | N/A | N/A |
| 2011 | $5,687 | $4,970 | $4,165 | $5,100 | N/A | N/A |
| 2010 | $7,107 | $6,587 | $6,672 | $2,775 | N/A | N/A |
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