When evaluating used car values for hybrid cars, the 2025 Volvo XC60 PHEV T8 shows notable depreciation: originally priced at approximately $86,271 (603,900 RMB) new, it’s now available for around $32,828 (229,800 RMB) after 10 months of use with 41,200 km on the odometer, representing a depreciation of about 62%. Its strong used car value is supported by low mileage (4,120 km per month on average), a 335-point professional quality inspection, and Volvo’s long-standing reputation for safety and reliable hybrid technology. For those considering buying used cars, especially hybrid cars, the vehicle’s well-maintained condition with no major accidents, fire damage, or water intrusion further boosts its residual value.