Volvo XC – Star of Second Hand Market


When the first version of Volvo XC (cross country) models was launched more than ten years ago with the XC90, it quickly became a very popular family bus because it offered items to make life easier for families who buy such cars that no other SUV did at the time.

Turns out 10 years on it’s still the Volvo that offers those good stuff! And a proof to that is the great second hand market this car has in the UK. More than 100 XCs went under the hammer at a recent open auction at BCA Bedford, including 10 XC60 and XC90 models. Volvo’s used prices bucked the trend by performing well ahead of average market prices, despite used values of 4x4s falling in recent months.

A 60-plate XC60 D5 AWD R-Design finished with 16,889 miles on the clock made £30,600, £3,700 more than the CAP Clean valuation.Meanwhile a 60-plate D5 SE R-Design AWD XC90 Geartronic with just 3,740 miles on the clock made £32,300, £3,150 more than the CAP Clean evaluation.

volvo xc Volvo XC   Star of Second Hand Market

They hold their value extremely well, because it is still the greatest car in its class.

Volvo press release:

More that ten years after its launch, the Volvo XC (Cross Country) brand has established itself in the highly competitive 4×4/SUV sector by achieving consistently strong residual values at auction.

“Everybody knows that strong used values are a true measure of a car’s desirability in the second hand market and both the XC60 and XC90 are becoming consistently sought after by used car buyers,” said Selwyn Cooper, Volvo Car UK’s national corporate operations manager.

“Strong used values are also the key drivers in reducing contract hire and Personal Contract Purchase (PCP) monthly rentals, which spells lower costs for business and personal motorists alike,” he added.

Strong residuals are helping Volvo offer some attractive contract hire rates for corporate buyers through its in house provider Volvo Car Leasing. The XC60 D5 AWD 215hp ES Start Stop is available for just £379 per month, the XC90 D5 AWD 200hp SE Geartronic for £429 per month and the XC70 D3 DRIVe ES Start Stop for £339. All prices are ex VAT on three year/10,000 mile per annum contracts.

Plate Model Mileage CAP Sale Price
60 XC60 R-Design D5 AWD Geartronic 16,889 £26,900 £30,600
10 XC60 D5 SE AWD Geartronic 11,380 £25,290 £28,000
60 XC60 D5 SE AWD Geartronic 11,921 £25,850 £28,600
10 XC90 R-Design D5 Geartronic 9,655 £27,200 £28,400
60 XC90 R-Design D5 Geartronic 3,740 £29,150 £32,300
10 XC90 D5 SE Lux Geartronic 18,833 £25,950 £27,600
Share and Enjoy:
  • Print this article!
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • Propeller
  • Reddit
  • StumbleUpon
  • Twitter
  • E-mail this story to a friend!
  • Fark
  • Furl
  • Live
  • Slashdot
  • SphereIt
  • Technorati

Related posts:

  1. 2011 Volvo V60 Price
  2. Volvo S60 Is Scotland’s Best Executive Car
  3. Volvo DRIVe Chauffeur Service
  4. Volvo XC60 Inscription
  5. 2012 Volvo XC90 Update

Filed Under: News

Tags:

RSSComments (0)

Trackback URL

Leave a Reply

You must be logged in to post a comment.