How well do Volvo's hold their value? According to Rolling Magazine
In January, 2022, a 1986 Volvo 245 was sold for $36,500. A lot of people may ask, why that much for an older vehicle? With only 49,000 miles and recent service updates, the vehicle had relatively no rust, and ran like it was brand new! Enthusiasts and customers alike will gladly tell you the price that the vehicle was auctioned for was more than reasonable for its value. Someone even claimed to Rolling Magazine that the vehicle "deserves all the love for being the best." But why? Volvos have always held a high standard when it comes to the safety, durability and longevity of their vehicles. It is not uncommon you see an older Volvo on the road during your daily commute. Even in vintage ads, Volvo Cars have always been known to be passed down from generation to generation simply because they never gave way! "A car like this can easily last you a life time, if you take care of it", claims Rolling Magazine. A great example comes from a couple who explain...