How Are Used Car Values Calculated?
Our article will tell you in detail how used car's values are calculated.
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Volvo Car USA LLC (Volvo) is recalling certain 2017-2019 Volvo XC90, S90, V60, V60 Cross Country, V90, XC40, XC60, and V90 Cross Country vehicles. The software installed in the Vehicle Connectivity Module (VCM) may have an error causing the Telematics and Driver Support Systems to function improperly. As a result, the GPS will not provide location information to emergency personnel in the event of an emergency.
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $2,411 |
Year 2 $2,226 |
Year 3 $2,040 |
Year 4 $1,855 |
Year 5 $1,669 |
Total for 5 years: $10,201 |
Insurance |
Year 1 $2,010 |
Year 2 $2,080 |
Year 3 $2,153 |
Year 4 $2,228 |
Year 5 $2,306 |
Total for 5 years: $10,777 |
Fuel |
Year 1 $1,472 |
Year 2 $1,516 |
Year 3 $1,569 |
Year 4 $1,632 |
Year 5 $1,705 |
Total for 5 years: $7,894 |
Maintenance |
Year 1 $2,399 |
Year 2 $1,928 |
Year 3 $1,290 |
Year 4 $1,700 |
Year 5 $2,124 |
Total for 5 years: $9,441 |
Repair |
Year 1 $863 |
Year 2 $1,034 |
Year 3 $1,176 |
Year 4 $1,298 |
Year 5 $1,497 |
Total for 5 years: $5,868 |
Taxes & Fees |
Year 1 $1,781 |
Year 2 $203 |
Year 3 $258 |
Year 4 $166 |
Year 5 $230 |
Total for 5 years: $2,638 |
Total for 5 years: $46,818
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