A 2022 Volvo XC60 still asks 33% of what a 2027 one does — that's how much value it holds after 5 years. Among 17 suvs we price, that ranks #17, below the 45% class median. The steepest single-year drop comes at year 5 (−46.5%), after which losses ease to about 21.8% a year. Mileage costs it 61%: the same car reads 100k–150k instead of Under 40k miles. Calculated from 327 listings.
Volvo XC60 value by year
The newest XC60 at under half the 2026 price is the 2021, with a median asking price of $21,950 (34% of it).
| Year | Trade-in | Median | Dealer | Listings |
|---|---|---|---|---|
| 2027 | $54,250 | $64,800 | 4 | |
| 2026 | $51,795 | $70,425 | 50 | |
| 2025 | $34,471 | $57,488 | 4 | |
| 2024 | $23,500 | $56,488 | 13 | |
| 2023 | $29,900 | $43,998 | 12 | |
| 2022 | $14,995 | $24,998 | 3 | |
| 2021 | $15,700 | $39,998 | 6 | |
| 2020 | $15,995 | $29,195 | 8 | |
| 2019 | $13,900 | $25,995 | 15 | |
| 2018 | $12,985 | $23,200 | 15 | |
| 2017 | $9,500 | $14,985 | 19 | |
| 2016 | $4,700 | $11,999 | 35 | |
| 2015 | $5,950 | $10,999 | 30 | |
| 2014 | $3,900 | $11,995 | 7 | |
| 2013 | $3,900 | $10,790 | 41 | |
| 2012 | $4,500 | $8,400 | 23 | |
| 2011 | $1,500 | $7,300 | 17 | |
| 2010 | $2,500 | $7,999 | 25 |
How the Volvo XC60 depreciates
The newest Volvo XC60 has a median asking price of $54,250; a 17-year-older one runs about $4,700 — roughly 91% lost over 17 years (compare the typical depreciation curve by age).
Does the Volvo XC60 hold value better than its rivals?
Over the same 5 years the Jeep Wrangler keeps 53%, the Kia Telluride 55% and the Chevrolet Equinox 47%, against 33% for the XC60. The Jeep Wrangler, Kia Telluride and Chevrolet Equinox hold value better than the XC60.
The Volvo XC60 market right now
Adjust your Volvo XC60 value for mileage
Crossing 100k miles costs a Volvo XC60 about 61% of its under-40k asking price:
Trade-in, private-party & dealer price
For a 2026 Volvo XC60: a dealer trade-in offer is around $51,795, selling private-party nets about $63,935, and a lot asks near $70,425 — a $18,630 spread on the same car.
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Volvo XC60 value FAQ
How much is a Volvo XC60 worth?
It depends mostly on the model year: in our listings the median asking price runs from $4,500 to $63,935 across 18 model years. A 2026 is worth about $63,935, the median of 50 listings.
How much does mileage cut a Volvo XC60's value?
Among XC60s from the last eight model years, those with under 40,000 miles ask a median $39,388, and those with over 150,000 miles ask $17,400; crossing 100,000 miles alone costs about 61%.
Which Volvo XC60 year is the best value?
The newest XC60 at under half the 2026 price is the 2021, with a median asking price of $21,950 (34% of it).
Does the XC60 hold value better than the Jeep Wrangler?
No: over 5 years the XC60 keeps 33% of its value and the Jeep Wrangler 53%, by the median asking prices of the 2027 and 2022 model years.
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