Volvo V70 for sale in Johannesburg (South Africa)

Are you currently in the market to buy (or sell) a Volvo V70 in Johannesburg? Vehiclus surveyed the used automotive market of all metropolitan areas in South Africa to determine a pricing profile of various Volvo models depending on their age, technical condition, optical condition, and mileage. To maximize your profits when selling your V70 (or to be sure to not be ripped off when purchasing a Volvo V70) it is recommended to learn all price-determining factors.

Supply and Demand of Volvo V70 on the local car market

Johannesburg is a city with a current population of 2026469 . Nevertheless, there are usually not many Volvo V70 for sale on the market. Therefore, the supply is small and the demand depends on various of parameters for example season, fuel mileage, and reliability.

Price Devaluation Curve of the V70 in Johannesburg

As pictured below, cars of the car manufacturer Volvo and especially of their model V70 devaluate in a very normal manner. The mean selling price of the V70 will be lowered by up to 14% ($41,480) after only 1 year. After 3 years, the car usually is valued at 60% of its original asking price ($30,423) while it will only be priced at 27% of the MSRP after 7 years ($13,412). The V70's value after twelve years is only 11% of its first price depending on its condition of course.

Depreciation according to vehicle mileage

One more way to describe vehicle depreciation is to look at the loss of value vs kilometers driven. The Volvo V70 depreciation curve below illustrates this phenomenon for the city of Johannesburg. The V70 looses most of its value (ca 50%) within the first 30k km of its mileage. The average price for a V70 at that usage level is ca $26,734. After that the depreciation slows down: at 90,000km the Volvo V70 is valued for $16,154 in Johannesburg and for $7,704 at 180k km .

Volvo V70 price depending on condition (fair, good, excellent)

The last parameter that significantly determines the price of a used car is the technical and optical condition of the vehicle. The table below illustrates the devaluation of a Volvo V70 according to its year and its condition.

Vehicle Year	Volvo V70 Condition
	fair	good	excellent
2017	$44,255	$45,722	$47,189
2016	$38,918	$40,208	$41,498
2015	$33,959	$35,085	$36,210
2014	$29,379	$30,353	$31,327
2013	$25,178	$26,012	$26,847
2012	$21,355	$22,062	$22,770
2011	$17,910	$18,504	$19,097
2010	$14,844	$15,336	$15,828
2009	$12,157	$12,559	$12,962
2008	$9,848	$10,174	$10,500
2007	$7,917	$8,180	$8,442
2006	$6,365	$6,576	$6,787
2005	$5,192	$5,364	$5,536
2004	$4,397	$4,543	$4,688
2003	$3,981	$4,113	$4,245
2002	$3,943	$4,074	$4,204