Volvo XC60 for sale in Shanghai (China)

Are you looking to buy (or sell) a Volvo XC60 in Shanghai? Vehiclus analyzed the local used auto market of all metropolitan areas in China to determine a pricing profile of various Volvo models depending on their age, technical condition, optical condition, and mileage. To optimize your earnings when selling your XC60 (or to be sure to not be ripped off when buying a Volvo XC60) it is useful to know most price-establishing factors.

Supply and Demand of Volvo XC60 on the local vehicle market

Shanghai is a city with 22315474 inhabitants. However, there are not many Volvo XC60 for purchase on the market. That's why the supply is low and the demand depends on a multitude of parameters for example season, fuel mileage, and brand competetivness.

Price Devaluation Curve of the XC60 in Shanghai

As shown below, cars of the manufacturer Volvo and especially of their model XC60 depreciate in a very normal manner. The average price of the XC60 will be decreased by up to 14% ($56,882) after only 1 year. After 3 years, the car typically goes for only 61% of its initial selling price ($41,226) while it will only be valued at 32% of the original price after 7 years ($18,675). The XC60's value after 12 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 decrease of value vs mileage. The Volvo XC60 depreciation curve below shows this phenomenon for Shanghai. The XC60 looses most of its value (~ 45%) within the first 30k kilometers driven. The mean price for a XC60 at that mileage is ca $36,454. After that the depreciation slows down: at 90k kilometers the Volvo XC60 is sold for $21,456 in Shanghai and for $10,767 at 180k km .

Volvo XC60 price depending on condition (fair, good, excellent)

The last value that heavily effects the sell price of a used car is the technical and optical condition of the vehicle. The table below lists the deflation of a Volvo XC60 according to its year and its condition.

Vehicle Year	Volvo XC60 Condition
	fair	good	excellent
2017	$52,035	$58,706	$65,376
2016	$45,760	$51,626	$57,492
2015	$39,930	$45,048	$50,167
2014	$34,544	$38,972	$43,401
2013	$29,604	$33,399	$37,194
2012	$25,109	$28,327	$31,546
2011	$21,059	$23,758	$26,458
2010	$17,454	$19,691	$21,928
2009	$14,294	$16,126	$17,958
2008	$11,579	$13,063	$14,547
2007	$9,309	$10,502	$11,696
2006	$7,484	$8,444	$9,403
2005	$6,105	$6,887	$7,670
2004	$5,170	$5,833	$6,496
2003	$4,681	$5,281	$5,881
2002	$4,636	$5,230	$5,825