2023 Volvo XC40

Volvo logo
2023 Volvo XC40

Starting MSRP

$36,350

10 Trims Available

Lowest Dealer Price Found1

$36,350

Average Dealer Price Found2

$42,370

Highest Dealer Price Found3

$46,500

Compare Trims

B4 Core 4dr SUV
Starting MSRP
$36,350
Invoice Price
$34,169
Potential Savings
$2,181
Est. Monthly Payment
$546/mo
AWD B5 Core 4dr SUV
Starting MSRP
$38,350
Invoice Price
$36,049
Potential Savings
$2,301
Est. Monthly Payment
$576/mo
B4 Plus Bright Theme 4dr SUV
Starting MSRP
$40,750
Invoice Price
$38,305
Potential Savings
$2,445
Est. Monthly Payment
$612/mo
B4 Plus Dark Theme 4dr SUV
Starting MSRP
$40,750
Invoice Price
$38,305
Potential Savings
$2,445
Est. Monthly Payment
$612/mo
AWD B5 Plus Bright Theme 4dr SUV
Starting MSRP
$42,750
Invoice Price
$40,185
Potential Savings
$2,565
Est. Monthly Payment
$642/mo
AWD B5 Plus Dark Theme 4dr SUV
Starting MSRP
$42,750
Invoice Price
$40,185
Potential Savings
$2,565
Est. Monthly Payment
$642/mo
B4 Ultimate Bright Theme 4dr SUV
Starting MSRP
$44,500
Invoice Price
$41,830
Potential Savings
$2,670
Est. Monthly Payment
$668/mo
B4 Ultimate Dark Theme 4dr SUV
Starting MSRP
$44,500
Invoice Price
$41,830
Potential Savings
$2,670
Est. Monthly Payment
$668/mo
AWD B5 Ultimate Bright Theme 4dr SUV
Starting MSRP
$46,500
Invoice Price
$43,710
Potential Savings
$2,790
Est. Monthly Payment
$698/mo
AWD B5 Ultimate Dark Theme 4dr SUV
Starting MSRP
$46,500
Invoice Price
$43,710
Potential Savings
$2,790
Est. Monthly Payment
$698/mo

About The 2023 Volvo XC40

The 2023 Volvo XC40 is a compact SUV offered in 10 trims, with pricing from $36,350 to $46,500 before options. The XC40 pairs a 194-hp 2.0L I4 Turbo Gas/Electric Mild Hybrid with an 8-Speed Shiftable Automatic transmission and a front-wheel drive, returning an EPA-estimated 27 MPG combined drivetrain. Inside, the base trim XC40 seats up to 5 with 21.7 cubic feet of maximum cargo space. Cross-shoppers typically compare it against the Lincoln Corsair, Tesla Model Y, and Hyundai PALISADE. Use the pricing tools above to compare trims side by side, see what shoppers near you are actually paying, and unlock the best local dealer offer before you head in.

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Frequently Asked Questions

How much does the 2023 Volvo XC40 cost?

The 2023 Volvo XC40 starts at $36,350 and ranges up to $46,500 before options, depending on trim.

What trims are available on the 2023 XC40?

The 2023 XC40 is available in 10 trims. They are the B4 Core 4dr SUV, AWD B5 Core 4dr SUV, B4 Plus Bright Theme 4dr SUV, B4 Plus Dark Theme 4dr SUV, AWD B5 Plus Bright Theme 4dr SUV, AWD B5 Plus Dark Theme 4dr SUV, B4 Ultimate Bright Theme 4dr SUV, B4 Ultimate Dark Theme 4dr SUV, AWD B5 Ultimate Bright Theme 4dr SUV, and AWD B5 Ultimate Dark Theme 4dr SUV.

Is the 2023 XC40 available with all-wheel drive?

Yes, the 2023 XC40 offers all-wheel drive.

What kind of fuel economy does the 2023 XC40 get?

The 2023 XC40 earns an EPA-estimated 27 MPG combined (24 city / 32 highway).

How many people does the 2023 XC40 seat?

The base trim 2023 XC40 seats up to 5 across 2 rows.

How much cargo space does the 2023 XC40 have?

The 2023 XC40 offers 21.7 cubic feet of cargo space behind the rear seats, expanding to 57.5 with them folded.

What engine does the 2023 XC40 have?

The 2023 XC40 comes with a 194-hp 2.0L I4 Turbo Gas/Electric Mild Hybrid, with an available 247-hp 2.0L I4 Turbo Gas/Electric Mild Hybrid on higher trims, paired with 8-Speed Shiftable Automatic.

What are the main competitors to the 2023 XC40?

Shoppers cross-shopping the 2023 XC40 often compare it against the Lincoln Corsair, Tesla Model Y, and Hyundai PALISADE.

1 The lowest dealer price found is based on MSRP. MSRP, or Manufacturers Suggested Retail Price, is determined by the manufacturer of each brand, make and model and may not reflect the price at which vehicles are sold in your region. This MSRP displayed is for the lowest possible trim level with standard features.

2 The average dealer price found is based on MSRP. MSRP, or Manufacturers Suggested Retail Price, is determined by the manufacturer of each brand, make and model and may not reflect the price at which vehicles are sold in your region. This MSRP displayed is the mean MSRP that consumers are paying for all trim levels.

3 The highest dealer price found is based on MSRP. MSRP, or Manufacturers Suggested Retail Price, is determined by the manufacturer of each brand, make and model and may not reflect the price at which vehicles are sold in your region. This MSRP displayed is for the highest possible trim level with the most features.