The price of a Volvo S90 will decrease nearly 60% after five years. It will also have a five-year resale value of a little over $26,000. This is based on if the initial brand-new price it was bought at was at about $60,000. This applies to vehicles that were in good condition and averaged over 10,000 miles driven per year.
New Volvo S90 or Used Volvo S90?
If you purchase a Volvo S90 that is about two years old, you can end up saving about over $17,000 compared to buying a new model. This will also leave you with a car that still has a lot of life left in it, considering two years is not that much time to warrant a lot of wear and tear.
In the event that you plan to keep the vehicle for three years, the total cost of depreciation may go up to $16,000. If you are looking for other combinations of age and ownership length or different vehicles, see if there are any vulnerable spots for depreciation. Furthermore, by comparing the prices of different suppliers, you will be sure that you are not overpaying for your Volvo S90.
How Reliable is the Volvo S90?
The Volvo S90 has a very good safety record, so it should prove reliable. It is known that Volvo’s reputation for being very safe is as good as the best in the automotive industry. The sister car to the S90, the XC90, also scored high in a crash test by the European NCAP, the safety body that is responsible for road safety.
Is the Volvo S90 Considered a Luxury Car?
The Volvo S90 is a luxurious, stylish, Scandinavian sedan that stands out among the crowd of its mostly-German rivals. The newest model does not just compete with sporty handling and big power. Instead, it competes with comfort and peace of mind, thanks to its plush interior and comfortable ride.
How is the Lifespan of the Volvo S90?
The lifespan of a Volvo S90 can be as long as over 20 years, as it has a storage of 200,000 miles in it. However, this does not just depend on its depreciation as a whole. Rather, the lifespan of a vehicle also depends on how well its owner cares for it. So, it is crucial to keep the maintenance costs of a Volvo S90 to a minimum.
This means making sure to do regular oil changes, replacing the windshield wipers when they are worn out, and making sure to keep up with any other recommended maintenance. Also, it is crucial to make sure that the Volvo S90 does not get in any accidents. For example, by keeping its safety system up-to-date and using it properly when driving.
As a buyer, you could apply the same logic when it comes to deciding whether to buy a Volvo S90 from someone or not. Make sure that the seller is trustworthy and has no issues with the vehicle. As a result, you will be able to save yourself a lot of money in the long run.