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Volvo - XC60 (2016)
Ready to explore the world of the Volvo XC60? Whether you’re eyeing a brand‑new model or a polished pre‑owned gem, the Volvo XC60 price landscape can seem dense at first glance. In this guide we’ll lay out everything you need to know—from a 2016 model’s historical price trend to the real impact of Volvo XC60 depreciation and how the SUV stacks up against its rivals.
- Model Year: 2016
- Engine: 2.0L I4 turbocharged (240 hp) or optional 2.0L I4 T5 (250 hp)
- Transmission: 8‑speed automatic (ZF 8HP)
- Drive: All‑Wheel Drive (AWD) standard
- Fuel Type: Gasoline
- Powertrain Layout: Front‑engine, rear‑wheel drive drivetrain with electronic traction control
- Dimensions (in mm):
- Length: 4,685
- Width: 1,875
- Height: 1,650
- Wheelbase: 2,860
- Interior Features:
- Upright seating support (Biomechanical as standard)
- Dual‑zone climate control
- 12‑inch digital instrument cluster with Volvo Sensus infotainment suite
- Optional upgrade: Infinity Audio surround‑sound system
- Safety Highlights:
- City Safety Collision Avoidance System
- Adaptive Cruise Control
- Lane Keeping Aid
- Full‑body crash‑tested to 5‑star Euro NCAP
- Fuel Economy (EPA 2021 estimates):
- City: 21 mpg
- Highway: 28 mpg
- Combined: 24 mpg
Depreciation Insight: What Is a 2016 Volvo XC60 Worth?
When you consider used Volvo XC60 price realities, depreciation is the big calculator you’ll want to keep at hand. Volvo’s aging SUV brands tend to lose a steady portion of their value each year, but the rate can vary based on trim, mileage and condition.
- First year: a Volvo XC60 2016 has historically lost roughly 15‑20% of its original retail price in the first year after purchase.
- Second to third year: depreciation slows slightly, averaging 8‑12% per year as the vehicle settles into a more mature resale market.
- Beyond year five: long‑term depreciation decelerates further, generally reaching a cumulative loss of about 40‑45% over a seven‑year period.
So, when you wonder what is a 2016 Volvo XC60 worth, the answer is typically somewhere between 55‑65% of the original MSRP, depending on mileage, service history and any child‑seat or aftermarket additions. This roughly 40‑45% overall depreciation reflects a safe midpoint for Canadian and US buyers alike.
Comparison Context: How the XC60 Stacks Up
When comparing the Volvo XC60 price to similar midsize luxury SUVs, the rear‑wheel drive layout and award‑winning safety suite give the model a distinctive advantage:
- Hyundai Santa Fe/ Kia Sorento: typically priced 10‑15% lower, but lack of AWD as standard and equivalent safety ratings.
- Mazda CX‑9: slightly less rear‑wheel driven handling; however, the XC60 retains higher brand equity.
- Subaru Outback: known for used Volvo XC60 price affordability, yet Volvo’s towing capacity (up to 5,000 lb) remains superior.
- BMW X3: comparable in price but offers more aggressive styling, while Volvo emphasizes safety and driver assistance.
That said, for buyers looking for Volvo XC60 depreciation measures and a balanced blend of Scandinavian design with pragmatic functionality, the XC60 often ranks higher in resale value turnover.
Market Position: A Popular Choice in the Luxury SUV Segment
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