Volvo V60 in Mumbai

Volvo V60 for sale in Mumbai (India)

Are you in the market to buy (or sell) a Volvo V60 in Mumbai? Vehiclus surveyed the used car market of all cities in India to establish a pricing profile of various Volvo models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your profits when selling your V60 (or to be certain to not overpay when purchasing a Volvo V60) it is recommended to know most price-establishing variables.

Supply and Demand of Volvo V60 on the local vehicle market

Mumbai is a town with a current population of 12691836 inhabitants. Nevertheless, there are usually not many Volvo V60 for purchase on the market. Therefore, the supply is small and the demand depends on various of factors e.g. car model reputation, mileage, and used car pricing.

Price Devaluation Curve of the V60 in Mumbai

As illustrated in the figure below, cars of the make Volvo and especially of the model V60 loose their value in a very standard fashion. The mean value of the V60 will be lowered by up to 13% ($36,862) after only one year. After 3 years, the car usually goes for only 60% of its original selling price ($27,215) while it will only be priced at 29% of the MSRP after 7 years ($11,552). The V60's value after twelve years is only 10% of its original price depending on its condition of course.


Depreciation according to mileage

One more way to analyze vehicle depreciation is to examine the loss of value over kilometers driven. The Volvo V60 depreciation curve below illustrates this phenomenon for the city of Mumbai. The V60 looses most of its resell price (approximately 46%) within the first 30,000km driven. The average price for a V60 at that mileage is approximately $23,640. After that the depreciation slows down: at 90k km the Volvo V60 is priced for $14,419 in Mumbai and for $6,434 at 180k km .

Volvo V60 price depending on condition (fair, good, excellent)

The last parameter that heavily impacts the selling price of a used car is the technical and optical condition of the vehicle. The table below illustrates the deflation of a Volvo V60 according to its year and its condition.

Vehicle Year Volvo V60 Condition
fair good excellent
2017$34,993$38,655$42,317
2016$30,773$33,993$37,213
2015$26,852$29,662$32,472
2014$23,230$25,661$28,092
2013$19,908$21,991$24,075
2012$16,885$18,652$20,419
2011$14,162$15,643$17,125
2010$11,737$12,965$14,194
2009$9,612$10,618$11,624
2008$7,786$8,601$9,416
2007$6,260$6,915$7,570
2006$5,033$5,560$6,086
2005$4,105$4,535$4,964
2004$3,477$3,840$4,204
2003$3,147$3,477$3,806
2002$3,118$3,444$3,770

Enter vehicle make, model and city of interest:


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Audi
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Volvo V60 variations:
V60