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2024 Volvo XC40

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2024 Volvo XC40

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Overview

The Volvo XC40 holds a strong position among luxury subcompact SUVs. It is recognized as one of the most affordable options in its category, ranking third out of nine. It stands out for its cargo space, leading the list of 13 similar SUVs. In terms of off-road capabilities, it still holds a commendable position, ranking third out of 13. These rankings indicate that the Volvo XC40 offers a balanced combination of affordability, space, and off-road performance, making it a competitive choice in the luxury subcompact SUV market.

2024 Volvo XC40 Ratings

Volvo XC40
Overall Score: Not available yet
Reliability: Not available yet
Retained Value: 7.8 / 10
Safety: 10.0 / 10

Volvo XC40 Depreciation and Resale Value

Volvo XC40
$ Depreciation: $19,097
% Depreciation: 47%
% Residual Value: 53%
$ Resale Value: $21,553
% Typical All Luxury Subcompact SUVs Depreciation: 48.5%
All Luxury Subcompact SUVs Depreciation Range: 45.5% - 53%
See more data on Volvo XC40 resale value

2024 Volvo XC40 Trims

Trim Engine Drive Train MSRP
AWD B5 Plus Bright Theme 4dr SUV 4 Cylinder AWD 45500
AWD B5 Ultimate Bright Theme 4dr SUV 4 Cylinder AWD 49300
AWD B5 Core Bright Theme 4dr SUV 4 Cylinder AWD 40500
AWD B5 Core Dark Theme 4dr SUV 4 Cylinder AWD 40500
AWD B5 Plus Dark Theme 4dr SUV 4 Cylinder AWD 45500
AWD B5 Ultimate Dark Theme 4dr SUV 4 Cylinder AWD 49300

Used Car Pricing

Volvo XC40


Here's what the prices look like for a used Volvo XC40 for different model years. A 3-year-old used Volvo XC40 averages $31,134 while a 5-year-old used Volvo XC40 is $24,587.

Model Year (Age) Avg Used Car Price
2023 Volvo XC40 (1 year old) $39,214
2022 Volvo XC40 (2 years old) $31,725
2021 Volvo XC40 (3 years old) $31,134
2020 Volvo XC40 (4 years old) $26,083
2019 Volvo XC40 (5 years old) $24,587

Volvo XC40 SUVs for Sale