Three years ago, Volvo is busy promoting the new midsize crossover SUV in its lineup. Now that XC90 is celebrating its 3rd birthday in the automotive world, the automaker is already reaping what it has sown. Volvo XC90 is now showing apparent signs of power, stability and success. Moreover, dealers are reporting high demands and residual values.

Volvo XC90 is based on P2 platform, same platform as that of S80 and other huge vehicles from the automaker. According to auto statistics, XC90 is Volvo's top-selling vehicle in the United States. Further, almost 25 percent of Volvo's US share is attributed to said vehicle.

The vehicle was given the V8 engine in 2005. Said engine generates 311 horsepower and 325 ft-lbf of torque. The latest version of this vehicle debuted at the New York Auto Show. Said version was subtly redesigned. It was given a more sophisticated interior and little trims in the front and rear portion. Nonetheless, it is still powered by quality Volvo parts XC90.

According to the Parker’s, a car-buying guide, the Volvo XC90’s versatile seven seat layout and car-like driving characteristics have ensured its popularity on the used car market. The more popular, five-cylinder D5 turbo diesel engine model is particularly in demand and usually commands a premium over the faster, six-cylinder T6 petrol engine variant.

Parenthetically, the value of said vehicle climbed significantly. “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,” says 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.”

Anne Woodward, Volvo’s Product Manager for used cars, also noted, “The XC90’s clever design compared to other SUVs has made it a great success. We’ve seen a big increase in people looking online for an XC90 on the Volvo Selected Used Car locator on the Volvo Cars website and are delighted more customers will enjoy the XC90 – and the benefits of owning a used Volvo bought through our Selected Used Car Programme.”