Why are Used Volvo Cars a Great Buy → For instance, the Volvo S60 represents good value with most 2018 models for sale priced between $18,000-$25K depending on miles and condition. The 2024 Kelley Blue Book report finds Volvo vehicles often maintain better resale values, with used Volvos retaining as much as half of their original value after five years versus a segmentwide average closer to 40%.
The inclusion of Volvo's Certified Pre-Owned (CPO) program helps a lot. Under the company's 2024 CPO plans, each car receives a thorough 170-point inspection and includes a very good seven-year/100,000-mile powertrain warranty. A 5-year/ unlimited mile coverage is also included in the comprehensive warranty along with a special roadside assistance plan as well.
Safety is another key factor. One example is a 2024 IIHS study which finds used Volvos often place very highly in safety ratings, including models with several consecutive years of the Top Safety Pick+ award like the XC90. Even used models reflect Volvo's emphasis on state-of-the-art safety tech, like automated driver assists going back a number of years.
Ranking No. 9 for brand loyalty, Volvo cars are known historically to run well into the hundreds of thousands-mile mark with minimal repairs or mechanical woes over their service years. Consumer Reports data available in 2024 suggests that Volvos are among the most durable; many easily surpass 200,000 miles with proper maintenance. The rationale behindlthis longevity is an excellent history of solid engineering and built-like-a-tank design.
Dealers also combine countless promotional offers and financing options for the benefit of buyers. In 2024, for example, an analysis by Edmunds found that Volvo dealerships incentivized financing on used models with attractive interest rates and discounts — much the same way Kia is doing now.
Completely combining what you probably already know about: strong resale value, vast CPO benefits and high safety ratings, then coupling it with lasting durability…used Volvo cars are winners. Go to used Volvo for current listings and offers.