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.
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.
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.
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 .
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|
|Volvo XC60 variations:|
|XC60 D5 (185ch) AWD BVA6|
|XC60 2.0T (203ch) POWERSHIFT|
|XC60 2.4D (163ch) AWD FAP BVM6|
|XC60 D5 (205ch) AWD FAP BVA6|
|XC60 3.2 (238ch) AWD BVA6|
|XC60 T6 (285ch) AWD BVA6|
|XC60 2.4D (163ch) AWD BVM6|
|XC60 2.4D (163ch) AWD FAP BVA6|
|XC60 2.4D DRIVe (175ch) 2WD FAP BVM6|
|XC60 2.4D (163ch) AWD BVA6|
|XC60 D5 (185ch) AWD BVM6|
|XC60 2.4D (175ch) 2WD FAP BVA6|
|XC60 D5 (205ch) AWD FAP BVM6|