For example a 2003, 53-registration Volvo XC90 D5 SE, with the optional Geartronic transmission has a part exchange value of £21,215 after three years and 30,000 miles. This is 65.5% of its original cost.
“The Volvo XC90 appeals to drivers who want the security of a vehicle with a higher driving position, all-wheel drive and unrivalled safety that Volvo has,” said Simon Harris, Parker’s consumer editor.
“It has proved it has the premium badge appeal to compete with other prestigious brands in the sector. Long waiting lists when the car was launched ensured a level of pent-up demand and we are seeing a high demand for the Volvo XC90 as the first three year old examples arrive on the used market,” he added.