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Poor XC90 residuals

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Old Dec 13th, 2020, 21:28   #31
RochdalePioneers
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I bought my S90 pre-reg at 4 months old with delivery miles on it for 33% off list. Amazed to see that prices are literally through the floor with the value now about 1/3rd of the £50k list price.

I'm not about to sell it. And I've been here before where values drop due to market factors and then recover...
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Old Mar 1st, 2021, 19:24   #32
RaymondG
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Wow, such incredible deals guys! Here in the Netherlands we pay premium prices, even for CPO's. Yeah, you can get one a bit cheaper but then you have to purchase it from a shady seller, not an official Volvo dealer. For all you know it could be a lemon that a dealer wanted to get rid of.
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Old Mar 2nd, 2021, 09:29   #33
DanH
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Think it's worth noting that big luxury cars tend to lose a lot of money comparable to smaller or cheaper models. If you guys want a new Volvo without the depreciation, the first XC40 dropped below £20k on Autotrader in the last couple of weeks. Most are £22k and up. And that's for a basic Momentum with a manual gear box and 60k miles on an 18 reg. List prices started from around £28k I think, so it's lost perhaps 25% of its value in 30+ months? That's incredible.

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Old Mar 2nd, 2021, 10:02   #34
Discoman
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£9000 to £10000 off a new XC90 on the Volvo website currently if you take a four year PCP. It's nuts.
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Old Mar 2nd, 2021, 14:59   #35
RaymondG
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Quote:
Originally Posted by DanH View Post
Think it's worth noting that big luxury cars tend to lose a lot of money comparable to smaller or cheaper models. If you guys want a new Volvo without the depreciation, the first XC40 dropped below £20k on Autotrader in the last couple of weeks. Most are £22k and up. And that's for a basic Momentum with a manual gear box and 60k miles on an 18 reg. List prices started from around £28k I think, so it's lost perhaps 25% of its value in 30+ months? That's incredible.
Yeah, that's an incredible value retention. Really good.
I really like the XC40 (as second car, that is) and as soon as the P8 becomes affordable (less than 30K) I will trade in our Kona for that :-)
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Old Mar 2nd, 2021, 15:31   #36
DanH
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That's exactly what we'll be doing, probably a couple of years away yet though! 200bhp would be more than enough for us, a 'P4' perhaps?

Almost pulled the trigger on a XC40 T3 R-Design just as lockdown hit but decided to wait, get a used one once the pandemic passed and we needed a second car. The pandemic is passing, but the prices haven't dropped. Think with the VOC discount it would have come to £27k for a car that would easily fetch £25k today judging by Autotrader's pricing... C'est la vie! Hence why I'm now lurking for a good V60 deal - lot more car, lot less money.
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