Given Volvo’s attempt to reposition itself as a genuine alternative to upmarket offerings from the likes of Audi, BMW and Mercedes – one it has so far pulled off rather successfully – higher prices are to be expected.

Compared with the previous-generation V60, starting prices for the new model are almost £8000 more expensive, at £31,810. That said, standard equipment and perceived quality are now more abundant. Sat-nav, 17in alloy wheels, automatic LED headlights, climate control, a powered tailgate and an extensive array of active and passive safety systems are all included for no additional cost on entry-level Momentum models.

The Volvo performs better than both the Mercedes and the BMW, but its value retention isn’t outstanding.

Fuel economy is respectable enough too: we recorded a touring figure of 43.1mpg. As far as depreciation is concerned, forecasts for our £36,610 (before options) V60 D4 Momentum Pro aren’t exactly promising. After 36 months and 36,000 miles, it’ll hold just 42% of its original value, predict our experts.

That said, forecasts are even bleaker for similarly priced rivals. Over the same period, the 2019-model-year C220d SE estate is expected to retain 37% of its original asking price and the current 320d Sport Touring 32%. A large part of this is likely down to falling consumer confidence in diesel-powered cars.

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