Why was the Volvo S80 discontinued?
2 Answers
Volvo S80 was discontinued due to its low resale value. Here is a detailed introduction to vehicle resale value: 1. Calculation method: A car's resale value is calculated based on the original ex-factory price, using the automotive industry's "10-year depreciation method" - 15% annual depreciation for the first 3 years, 10% for years 4-6, and 5% for years 7-10. 2. Influencing factors: Vehicle resale value refers to the ratio between a car's selling price after a period of use and its original purchase price, mainly determined by factors such as vehicle performance, price fluctuations, spare parts costs, and maintenance convenience. It essentially reflects the comprehensive quality trend of a vehicle. Models with high resale values have the advantage of being less affected by price reductions in the used car market, helping owners reduce the risk of economic losses caused by product depreciation.
From my experience in the auto repair shop, the discontinuation of the Volvo S80 was primarily due to shifting market trends. It used to be quite popular as a flagship sedan, but in recent years, SUVs have surged in popularity, with models like the XC series selling exceptionally well. This led to a decline in sales for sedans like the S80, prompting Volvo to focus on launching new products such as the S90, which features more contemporary designs and integrates advanced smart technologies. Additionally, stricter environmental regulations made the S80's older platform unsuitable for the electrification trend. After Volvo upgraded to a new architecture, there was no place left for the S80. I recall it was discontinued around 2016 as part of the brand's broader transformation, shifting towards more efficient and safer vehicle models.