Buyers Are Spending More for a Volvo Wagon Recently Removed from the US | Carscoops

      This Volvo has depreciated by approximately $1 per mile since it was new.

      

      7 hours ago

      

      by Brad Anderson

      

      

      The V60 Polestar features a 2.0-liter turbocharged four-cylinder engine paired with an electric motor.

      Volvo has ceased sales of the V60 Polestar Engineered in the United States.

      Its scarcity and the absence of comparable options in the market contribute to its strong resale values.

      Even with a market saturated with performance SUVs and electric crossovers, a fast, stylish estate car still holds great appeal. While Volvo may not shine as brightly as its German competitors like BMW, Mercedes, and Audi, the Swedish manufacturer produces some exceptional vehicles. One of its best offerings is the V60 Recharge T8 Polestar Engineered.

      Though its name may be quite complex, this car is luxurious, comfortable, and delivers significant performance. Interestingly, this remarkable performance estate also retains its value exceptionally well.

      Read: Volvo Still Undecided About Building an Electric Estate

      Late last month, a V60 with approximately 7,100 miles sold for $65,500 on Cars & Bids. This figure is quite notable. The car's initial retail price was $72,645 when it was first delivered as a 2024 model, indicating it has lost just over $7,000 since new, or about $1 for each mile driven.

      In contrast to a German rival that would have seen a sharp decline in value the moment it left the dealership, this Volvo is maintaining its value quite admirably.

      Lack of Competition Enhances Appeal

      Cars & Bids

      One of the primary reasons buyers are willing to pay a premium for a used V60 may be the absence of similar estates available in the U.S. It lacks direct competitors in the local market, and high-performance estates from German brands, such as the M5 Touring and RS6 Avant, come with higher price tags. While those models are faster, they arguably deliver more performance than is practical for everyday driving. The Mercedes C43 AMG Estate could be considered its closest competitor, but that model is not sold in the U.S.

      Moreover, the Volvo's desirability is heightened by the fact that it is no longer sold in the United States. American customers looking for a Volvo estate can only select between the V90 Cross Country and the V60 Cross Country.

      The V60 listed on Cars & Bids is equipped with a 2.0-liter turbocharged four-cylinder engine, an 18.8 kWh battery, and an electric motor, which together produce 455 horsepower and 523 lb-ft of torque, distributed to all four wheels through an eight-speed automatic transmission. Performance features include 19-inch forged wheels, adjustable Ohlins dampers, and Brembo brakes with distinct golden calipers.

      Not Just a One-Off

      This isn't the first instance of a V60 Polestar achieving strong resale value. Earlier this year, another unit with around 19,300 miles sold for $62,500, representing just a $9,000 depreciation from its original MSRP of $71,845. Such value retention is uncommon and impressive for a high-performance luxury wagon.