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What is a 2024 Volvo XC60 worth?

Our estimate for a 2-year-old Volvo XC60 in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 665 899
R 605 968 to R 725 830
Trade-in offer
R 585 991
what a dealer would pay
Cost new (est.)
R 950 922
2024 launch pricing
Value kept
70%
R 285 023 depreciated

The 2024 XC60 on its value curve

R0R250kR500kR750kR1mNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2024 model sits today: 2 years in, 30% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 13% a year.

If you buy it now

Fair buy price (retail)R 665 899
Worth in 1 yearR 582 188
Worth in 3 yearsR 434 412
3-year cost of ownership (depreciation)R 231 487
±Monthly financedR 11 639/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2025R 803 537See value →
2024 (this page)R 665 899+R 137 638 to newest
2023R 551 836+R 251 701 to newestSee value →

2024 Volvo XC60: common questions

What is a 2024 Volvo XC60 worth in South Africa?

Around R 665 899 as a retail asking price, with clean low-mileage examples reaching R 725 830 and higher-mileage cars closer to R 605 968. A dealer trade-in offer would sit near R 585 991.

Is a 2024 Volvo XC60 a good buy now?

It has already absorbed 30% of its new-car depreciation. If you buy at R 665 899 and keep it three years, expect it to shed roughly R 231 487 more. As a premium (established) model, it holds value well for its age, so you are paying for retention you will largely get back.

What did a 2024 Volvo XC60 cost new?

About R 950 922 at launch pricing in 2024 (our estimate, deflated from today's list price). It has kept 70% of that.

What would financing a 2024 Volvo XC60 cost monthly?

At R 665 899 over 72 months at 11.75% with 10% down, roughly R 11 639 per month before fees and insurance. Shorter terms suit used cars better; run your own numbers in the value calculator.

Keep going

Estimates modelled from list pricing and our SA depreciation tiers; condition, mileage, spec and region move real prices. Not a valuation or an offer.