what it costs new, what it’s worth used, and who has one near you.
The 2008 Volvo S40 is a vehicle we track across the used market in Canada. A 8-year-old one keeps roughly 15% of a current model's market price — what actually matters over five years of ownership.
Median market price by vehicle age
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Fuel economy & range: Natural Resources Canada (Open Government Licence — Canada). Prices, payments, depreciation, listing counts and dealer inventory: Conquest market data; payment estimates use market-average terms and are not an offer of credit. Independent service — not affiliated with or endorsed by Volvo.