Used 2022 Volvo XC40 for Sale near Connecticut
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2022
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Thunder Gray Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 78,830
- Stock #:
- X8022
- VIN:
- YV4162UK1N2762062

-$622

Sponsored by Blasius South
2022 Volvo XC40
T5 Momentum AWD
78,830 mi
$19,992
$19,370
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Onyx Black Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Blond
- Transmission:
- Automatic
- Mileage:
- 27,153
- Stock #:
- C103351
- VIN:
- YV4L12UAXP2103351

Sponsored Listing
2023 Volvo XC40
B5 Ultimate Bright Theme AWD
27,153 mi
$32,571
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- [717] Onyx Black Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 38,848
- Stock #:
- 8123
- VIN:
- YV4L12UE3P2963031
![[717] Onyx Black Metallic 2023 Volvo XC40 SUV / Crossover All-Wheel Drive Automatic](https://static.cargurus.com/images/forsale/2026/09/14/14/13/2023_volvo_xc40-pic-8587315899537575150-1024x768.jpeg?io=true&width=640&height=480&fit=bounds&format=jpg&auto=webp)
Sponsored Listing
2023 Volvo XC40
B5 Plus Bright Theme AWD
38,848 mi
$27,993
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 194 hp 2L I4
- Exterior color:
- Blue
- Combined gas mileage:
- 28 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 37,032
- Stock #:
- 964141
- VIN:
- YV4K92HX4P2964141

2023 Volvo XC40
B4 Ultimate Dark Theme FWD
37,032 mi
$26,678
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Thunder Gray Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 29,129
- Stock #:
- C090822
- VIN:
- YV4L12UN7P2090822

2023 Volvo XC40
B5 Plus Bright Theme AWD
29,129 mi
$30,531
- Year:
- 2021
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Black
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 67,540
- Stock #:
- 528957
- VIN:
- YV4162UK5M2528957

-$2,296
2021 Volvo XC40
T5 Momentum AWD
67,540 mi
$21,057
$19,558
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Crystal White
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 1,296
- Stock #:
- P4371
- VIN:
- YV4L12UN9P2101349

2023 Volvo XC40
B5 Plus Bright Theme AWD
1,296 mi
$31,399
- Year:
- 2021
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Black Stone
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Blonde
- Transmission:
- Automatic
- Mileage:
- 64,514
- Stock #:
- ST508607
- VIN:
- YV4162UL9M2508607

2021 Volvo XC40
T5 Inscription AWD
64,514 mi
$22,808
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Gray Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 29,776
- Stock #:
- C8742
- VIN:
- YV4L12UN0P2114085

2023 Volvo XC40
B5 Plus Bright Theme AWD
29,776 mi
$30,302
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Onyx Black Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Blond
- Transmission:
- Automatic
- Mileage:
- 27,153
- Stock #:
- C103351
- VIN:
- YV4L12UAXP2103351

2023 Volvo XC40
B5 Ultimate Bright Theme AWD
27,153 mi
$32,571
- Year:
- 2022
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Crystal White Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- 8-Speed Automatic
- Mileage:
- 20,125
- Stock #:
- 43864
- VIN:
- YV4162UMXN2643864

2022 Volvo XC40
T5 R-Design AWD
20,125 mi
$30,075
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Onyx Black Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 16,450
- Stock #:
- C009366
- VIN:
- YV4L12UW8P2009366

2023 Volvo XC40
B5 Plus Dark Theme AWD
16,450 mi
$31,932
- Year:
- 2022
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Denim Blue Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 38,278
- Stock #:
- V26199A
- VIN:
- YV4162UM5N2656764

2022 Volvo XC40
T5 R-Design AWD
38,278 mi
$27,409
CarGurus Analysis:
2022 Volvo XC40
With 856 currently listed for sale and an average price of $22,928, 40.4% of 2022 Volvo XC40 listings on CarGurus are rated as good or great deals.
87.5% of 2022 Volvo XC40 listings on CarGurus are accident free.
- Year:
- 2021
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Gray Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 30,025
- Stock #:
- F2952B
- VIN:
- YV4162UM9M2546976

2021 Volvo XC40
T5 R-Design AWD
30,025 mi
$27,327
- Year:
- 2021
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Crystal White
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 30,716
- Stock #:
- HP17311
- VIN:
- YV4162UM3M2606136

2021 Volvo XC40
T5 R-Design AWD
30,716 mi
$27,129
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Gray
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 16,579
- Stock #:
- 29083352
- VIN:
- YV4L12UV0P2096378

2023 Volvo XC40
B5 Core AWD
16,579 mi
$28,097
- Year:
- 2021
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 187 hp 2L I4
- Exterior color:
- Black
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 98,181
- Stock #:
- 536864W
- VIN:
- YV4AC2HK1M2536864

-$500
2021 Volvo XC40
T4 Momentum FWD
98,181 mi
$15,985
$15,485
- Year:
- 2021
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 187 hp 2L I4
- Exterior color:
- Gray
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 98,433
- Stock #:
- 552743W
- VIN:
- YV4AC2HK3M2552743

2021 Volvo XC40
T4 Momentum FWD
98,433 mi
$15,985
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Crystal White Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 60,262
- Stock #:
- CG925662
- VIN:
- YV4L12UV2P2925662

2023 Volvo XC40
B5 Core AWD
60,262 mi
$24,008
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Black
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Automatic
- Mileage:
- 19,117
- Stock #:
- 105819
- VIN:
- YV4L12UA0P2105819

2023 Volvo XC40
B5 Ultimate Bright Theme AWD
19,117 mi
$28,260
- Year:
- 2022
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Thunder Gray Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 78,830
- Stock #:
- X8022
- VIN:
- YV4162UK1N2762062

-$622
2022 Volvo XC40
T5 Momentum AWD
78,830 mi
$19,992
$19,370
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 194 hp 2L I4
- Exterior color:
- Black / Stone
- Combined gas mileage:
- 28 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 35,683
- Stock #:
- P2921912
- VIN:
- YV4K92HK6P2921912

2023 Volvo XC40
B4 Core FWD
35,683 mi
$24,678
- Year:
- 2021
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 187 hp 2L I4
- Exterior color:
- Black
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 98,181
- Stock #:
- 536864W
- VIN:
- YV4AC2HK1M2536864

-$500
Sponsored Listing
2021 Volvo XC40
T4 Momentum FWD
98,181 mi
$15,985
$15,485
CarGurus Analysis: 2022 Volvo XC40

Summary
With 856 currently listed for sale and an average price of $22,928, 40.4% of 2022 Volvo XC40 listings on CarGurus are rated as good or great deals.
87.5% of 2022 Volvo XC40 listings on CarGurus are accident free.
Why it stands out
The 2022 Volvo XC40 stands out by blending compact-SUV practicality with the kind of design and cabin polish that give it a more upscale feel than its size suggests. It was introduced for the 2019 model year, and its appeal comes from that mix of charming character, modern design, and classic Volvo quirkiness. Inside, it leans into a high-end, minimalist look, with quality materials and thoughtful details that help the cabin feel more expensive than the price tag implies. It also makes smart use of its footprint, offering impressive rear seat room and a large cargo area with a useful folding floor divider.
For 2022, the XC40’s strengths are rooted in its well-rounded equipment and safety focus. Volvo’s Intellisafe suite of driver-assistance features is standard, which gives the XC40 a strong family-friendly edge. The model also benefits from a 9-inch touchscreen with Android Auto and Apple CarPlay compatibility, plus standard leather upholstery and steering wheel trim even on the base model. That said, it is not perfect: poor rear visibility and touch-based interior controls can be frustrating, and some reliability concerns remain part of the ownership picture. Still, for buyers who want a premium small SUV that feels distinctive rather than generic, the 2022 XC40 has a lot going for it.
Other model years to consider
- 2021 Volvo XC40
- Average price: $22,187
- Good/great deal percentage: 41.1%
- User rating: 5 / 5
- Total listings: 472
- 2025 Volvo XC40
- Average price: $33,875
- Good/great deal percentage: 35.5%
- User rating: 5 / 5
- Total listings: 1,353
- 2024 Volvo XC40
- Average price: $31,126
- Good/great deal percentage: 36.3%
- User rating: 4 / 5
- Total listings: 1,412
Similar models to consider
- 2022 BMW X1
- Average price: $23,446
- Good/great deal percentage: 34.5%
- User rating: 5 / 5
- Total listings: 964
- 2022 Audi Q3
- Average price: $23,994
- Good/great deal percentage: 40.1%
- User rating: 5 / 5
- Total listings: 1,220
- 2022 Mercedes-Benz GLA
- Average price: $26,480
- Good/great deal percentage: 39.1%
- User rating: 5 / 5
- Total listings: 926
This analysis is based on CarGurus' proprietary market data from October 5, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
2022 Volvo XC40 Trims
| Trim type | MSRP |
|---|---|
| T4 Momentum AWD | -- |
| T5 Momentum AWD | $37,100 |
| T5 Inscription AWD | $42,850 |
| T4 Inscription FWD | $40,850 |
| T4 Momentum FWD | $35,100 |
| T4 R-Design FWD | $40,350 |
| T5 R-Design AWD | $42,350 |
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
2022 Volvo XC40 Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2022 Volvo XC40 prices has changed over time.
See more price trends2022 Volvo XC40 Pricing Analysis
Pricing by Popular US Cities
Market Area: Nationwide
Key Insights
- Highest-Price Market: The Dallas, TX market leads with an average price of $24,840, indicating a premium demand in this region.
- Best Value: The New York, NY market offers the lowest average price at $14,799, suggesting a more competitive pricing environment.
- Inventory Drives Stability: The Boston, MA area has the most listings at 107, which may contribute to more stable pricing dynamics.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Boston, MA | 107 | $23,262 |
| Washington, DC | 106 | $20,594 |
| New York, NY | 96 | $14,799 |
| Philadelphia, PA | 92 | $23,106 |
| Atlanta, GA | 85 | $23,149 |
| Chicago, IL | 81 | $24,210 |
| Dallas, TX | 72 | $24,840 |
| Miami, FL | 54 | $16,995 |
| Los Angeles, CA | 50 | $20,432 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The T5 R-Design AWD trim has the highest inventory with 248 listings, indicating strong consumer interest.
- Premium Spread: The T5 Inscription AWD trim, priced at $42,850, shows a significant premium over the T5 Momentum AWD at $37,100, reflecting a market preference for higher-end features.
- Drivetrain Effect: All trims listed are AWD or FWD, with AWD trims generally commanding higher prices, as seen with the T5 R-Design AWD.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| T5 R-Design AWD | 248 | $42,350 | AWD | 2.0L 248 hp I4 |
| T5 Momentum AWD | 216 | $37,100 | AWD | 2.0L 248 hp I4 |
| T5 Inscription AWD | 79 | $42,850 | AWD | 2.0L 248 hp I4 |
| T4 Momentum FWD | 63 | $35,100 | FWD | 2.0L 187 hp I4 |
| T4 R-Design FWD | 20 | $40,350 | FWD | 2.0L 187 hp I4 |
| T4 Inscription FWD | 10 | $40,850 | FWD | 2.0L 187 hp I4 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model year is priced at an average of $43,201, reflecting a 8.3% premium over its starting MSRP, indicating strong demand for newer models.
- Depreciation Curve: The 2019 model year shows the steepest depreciation at -44.1%, highlighting significant value loss as vehicles age.
- Best Value Sweet Spot: The 2025 model year offers a notable average price of $34,287, which is 15.7% below its starting MSRP, suggesting it may be a good value for budget-conscious shoppers.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $39,900 | $43,201 | +8.3% |
| 2025 | $40,650 | $34,287 | -15.7% |
| 2024 | $40,500 | $30,698 | -24.2% |
| 2023 | $36,350 | $27,404 | -24.6% |
| 2022 | $35,100 | $24,424 | -30.4% |
| 2021 | $33,700 | $22,452 | -33.4% |
| 2020 | $33,700 | $21,472 | -36.3% |
| 2019 | $33,700 | $18,823 | -44.1% |
These recommendations are based on CarGurus' proprietary market data from October 7, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
How much does the 2022 Volvo XC40 cost?
| Metric | Value |
|---|---|
| Current Average Price | $22,931 |
| Year-Round Low | $22,931 |
| Year-Round High | $25,610 |
| Average Price a Year Ago | $25,614 |
| Change vs. Last Year | −10.47% |
Prices have softened 10.47% compared to this time last year, making it a favorable time to shop this model year.
There are 861 listings available, which gives you a solid pool of options to compare.
Is the 2022 Volvo XC40 a good car?
The 2022 Volvo XC40 stands out by blending compact-SUV practicality with design and cabin polish that make it feel more upscale than its size suggests. It offers impressive rear seat room, a large cargo area with a useful folding floor divider, and a high-end, minimalist cabin with quality materials and thoughtful details.
For 2022, it also brings a 9-inch touchscreen with Android Auto and Apple CarPlay compatibility, plus standard leather upholstery and steering wheel trim even on the base model. Volvo’s Intellisafe suite of driver-assistance features is standard, which strengthens its family-friendly appeal.
40.5% of listings are priced as good or great deals, which gives you meaningful room to shop for value.
Is the 2022 Volvo XC40 reliable?
The 2022 Volvo XC40 is described as well-rounded and safety-focused, with standard driver-assistance features and a strong equipment list that support everyday confidence. It also has a premium-feeling cabin and practical packaging that make it appealing for regular use.
At the same time, poor rear visibility and touch-based interior controls can be frustrating, and some reliability concerns remain part of the ownership picture. For used buyers, that means long-term ownership risk is worth weighing carefully against the XC40’s comfort and safety strengths.
What should I look for when buying a used 2022 Volvo XC40?
Accident-free inventory is solid at 87.5% — always verify the vehicle history report.
You should prioritize a pre-purchase inspection that checks the cabin electronics, touchscreen operation, and any signs of wear in the interior controls. It also makes sense to focus on overall condition and visibility-related concerns, since those are the areas most likely to affect your day-to-day experience.
Is now a good time to buy a used 2022 Volvo XC40?
This looks like a buyer-friendly moment, with decent deal availability and a healthy number of listings to compare.
- Deal availability: 40.5% of listings are priced as good or great deals.
- Inventory: There are 861 listings available.
- Price trend: Prices have softened 10.47% compared with last year.
- Clean inventory: 87.5% of listings are accident-free.
If you find a listing below $22,931, that's toward the low end of the year-round range and worth acting on quickly.
What is the 2022 Volvo XC40's resale value?
The current average of $22,931 sits slightly below last year's $25,614.
That price movement suggests the XC40 has become more accessible for used buyers, but it also means sellers may face more competition when they eventually list the vehicle. If you buy at the right price and keep the car in strong condition, you can help protect your future resale position.
Should I buy a 2022 Volvo XC40 or consider a different year?
If you're weighing the 2022 against nearby model years, here's how to think about it:
Choose the 2022 if:
- 40.5% of listings are priced as good or great deals.
- Accident-free inventory is solid at 87.5% — always verify the vehicle history report.
- Price trend: Prices have softened 10.47% compared with last year.
Consider the 2021 if:
- At $22,195, the 2021 costs less than the current year's $22,931 average.
- It adds an all-electric version to the lineup.
Consider the 2023 if:
- At $28,472, the 2023 costs more than the current year's $22,931 average.
- It adds mild-hybrid powertrains and updated infotainment.
The bottom line: The 2022 is the best all-around choice if you want a well-equipped, premium-feeling XC40 at a more favorable price point. If you’re especially price-sensitive, the 2021 can save you money, while the 2023 makes sense if you want the newer updates and are willing to pay more.
These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
Relevant articles

2028 Volvo XC40 Pricing, Specs, and Release Date
After a one-year hiatus, the 2028 Volvo XC40 arrives with a fresh redesign featuring a new front end, new taillights, new bumper, better tech, and an updated interior.

The Best Affordable Luxury Cars in 2026
There are plenty of great options for affordable new luxury cars, if you know where to look. Our expert guide gives you the lowdown on the best cheap luxury cars you can buy.

Volvo XC40 Buying Guide: Cost, Reliability, and the Best Years to Buy
Discover the ultimate Volvo XC40 buying guide, covering the model history of this luxury compact SUV. Whether you're a first-time buyer or a Volvo enthusiast, this comprehensive overview contains everything you need to know.