Used 2022 Volvo XC40 for Sale nearDurham, NC
Shop with transparent pricing.
Only show listings that include dealer fees- 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:
- 78,741
- Stock #:
- 11858
- VIN:
- YV4L12UW1P2096995


Sponsored by Smart Cars By Wieland
2023 Volvo XC40
B5 Plus Dark Theme AWD
78,741 mi
$21,877
- 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:
- Blond
- Transmission:
- Automatic
- Mileage:
- 41,043
- Stock #:
- 7007644
- VIN:
- YV4L12UE8P2963364

Sponsored Listing
2023 Volvo XC40
B5 Plus Bright Theme AWD
41,043 mi
$28,230
- 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 Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 89,048
- Stock #:
- TB1434B
- VIN:
- YV4162UM6M2563783

-$890
Sponsored Listing
2021 Volvo XC40
T5 R-Design AWD
89,048 mi
$19,889
$18,999
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 194 hp 2L I4
- Exterior color:
- Fjord Blue Metallic
- Combined gas mileage:
- 28 MPG
- Fuel type:
- Gasoline
- Interior color:
- Blond
- Transmission:
- Automatic
- Mileage:
- 49,281
- Stock #:
- V10023A
- VIN:
- YV4K92HNXP2035831

2023 Volvo XC40
B4 Plus Bright Theme FWD
49,281 mi
$26,802
- 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 Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 89,048
- Stock #:
- TB1434B
- VIN:
- YV4162UM6M2563783

-$890
2021 Volvo XC40
T5 R-Design AWD
89,048 mi
$19,889
$18,999
- 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:
- 78,741
- Stock #:
- 11858
- VIN:
- YV4L12UW1P2096995

2023 Volvo XC40
B5 Plus Dark Theme AWD
78,741 mi
$21,877
- 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:
- 39,720
- Stock #:
- STK114074
- VIN:
- YV4L12UW5P2114074

-$1,000
2023 Volvo XC40
B5 Plus Dark Theme AWD
39,720 mi
$26,520
$25,520
- 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 Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 88,006
- Stock #:
- V12368A
- VIN:
- YV4162UM9M2418561

-$1,000
2021 Volvo XC40
T5 R-Design AWD
88,006 mi
$20,781
$19,781
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Sage Green Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Blond
- Transmission:
- Automatic
- Mileage:
- 37,510
- Stock #:
- JU11485
- VIN:
- YV4L12UX8P2025382

-$2,000
2023 Volvo XC40
B5 Ultimate Dark Theme AWD
37,510 mi
$30,327
$28,327
- 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:
- Blond
- Transmission:
- Automatic
- Mileage:
- 41,043
- Stock #:
- 7007644
- VIN:
- YV4L12UE8P2963364

2023 Volvo XC40
B5 Plus Bright Theme AWD
41,043 mi
$28,230
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Silver
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Blond
- Transmission:
- Automatic
- Mileage:
- 48,121
- Stock #:
- 33-26A
- VIN:
- YV4L12UN6P2075308

-$583
2023 Volvo XC40
B5 Plus Bright Theme AWD
48,121 mi
$28,104
$27,520
- Year:
- 2021
- 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:
- Blonde
- Transmission:
- Automatic
- Mileage:
- 44,423
- Stock #:
- D93991TA
- VIN:
- YV4162UK8M2537409

-$600
2021 Volvo XC40
T5 Momentum AWD
44,423 mi
$23,387
$22,787
- 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
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 41,274
- Stock #:
- 7332
- VIN:
- YV4162UK5M2560002

2021 Volvo XC40
T5 Momentum AWD
41,274 mi
$23,016
CarGurus Analysis:
2022 Volvo XC40
With 71 currently listed for sale and an average price of $18,687, 57.7% of 2022 Volvo XC40 listings on CarGurus are rated as good or great deals.
100.0% of 2022 Volvo XC40 listings on CarGurus are accident free.
- 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
$29,358
- 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:
- Automatic
- Mileage:
- 70,832
- Stock #:
- A1P-49151
- VIN:
- YV4162UMXN2749151

2022 Volvo XC40
T5 R-Design AWD
70,832 mi
$22,568
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 194 hp 2L I4
- Combined gas mileage:
- 28 MPG
- Fuel type:
- Gasoline
- Transmission:
- 8-Speed Automatic
- Mileage:
- 27,973
- Stock #:
- S10283
- VIN:
- YV4K92HX5P2922271

-$1,000
2023 Volvo XC40
B4 Ultimate Dark Theme FWD
27,973 mi
$28,161
$27,161
- Year:
- 2021
- 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:
- 37,613
- Stock #:
- 26MA5563A
- VIN:
- YV4162UK2M2424524

2021 Volvo XC40
T5 Momentum AWD
37,613 mi
$23,699
- 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 M
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 65,235
- Stock #:
- 929796MM
- VIN:
- YV4L12UNXP2929796

2023 Volvo XC40
B5 Plus Bright Theme AWD
65,235 mi
$20,677
- 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
$16,479
$15,979
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- White
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- CREAM
- Transmission:
- Automatic
- Mileage:
- 73,953
- Stock #:
- 70275231
- VIN:
- YV4L12UEXP2044711

2023 Volvo XC40
B5 Plus Bright Theme AWD
73,953 mi
$24,197
- Year:
- 2021
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- White
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 16,720
- Stock #:
- 28643800
- VIN:
- YV4162UM6M2395871

2021 Volvo XC40
T5 R-Design AWD
16,720 mi
$31,247
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Silver
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 29,700
- Stock #:
- JA18680
- VIN:
- YV4L12UW8P2930597

2023 Volvo XC40
B5 Plus Dark Theme AWD
29,700 mi
$29,572
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Silver
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 29,700
- Stock #:
- JA18680
- VIN:
- YV4L12UW8P2930597

Sponsored Listing
2023 Volvo XC40
B5 Plus Dark Theme AWD
29,700 mi
$29,572
CarGurus Analysis: 2022 Volvo XC40

Summary
With 71 currently listed for sale and an average price of $18,687, 57.7% of 2022 Volvo XC40 listings on CarGurus are rated as good or great deals.
100.0% 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
- 2025 Volvo XC40
- Average price: $31,998
- Good/great deal percentage: 71.8%
- User rating: 5 / 5
- Total listings: 78
- 2024 Volvo XC40
- Average price: $30,575
- Good/great deal percentage: 90.4%
- User rating: 4 / 5
- Total listings: 83
- 2021 Volvo XC40
- Average price: $20,126
- Good/great deal percentage: 27.3%
- User rating: 5 / 5
- Total listings: 55
Similar models to consider
- 2022 Audi Q3
- Average price: $20,849
- Good/great deal percentage: 58.2%
- User rating: 5 / 5
- Total listings: 91
- 2022 Mercedes-Benz GLA
- Average price: $23,995
- Good/great deal percentage: 64.0%
- User rating: 5 / 5
- Total listings: 100
- 2022 Lexus NX
- Average price: $36,773
- Good/great deal percentage: 82.5%
- User rating: 5 / 5
- Total listings: 80
This analysis is based on CarGurus' proprietary market data from October 12, 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: Durham, NC Market Report
Pricing in Nearby Cities
Market Area: Durham, NC
Key Insights
- Highest-Price Market: The Salisbury, NC market shows the highest average price at $21,300, indicating a premium demand in that area.
- Best Value: The Greensboro, NC market offers the lowest average price at $18,687, presenting a more affordable option for shoppers.
- Inventory Drives Stability: The Greensboro, NC city leads with 82 total listings, suggesting a stable inventory that may help maintain competitive pricing.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Greensboro, NC | 82 | $18,687 |
| Martinsville, VA | 82 | $18,687 |
| Salisbury, NC | 82 | $21,300 |
| Winston Salem, NC | 79 | $18,687 |
| Danville, VA | 77 | $18,687 |
| Fayetteville, NC | 68 | $19,864 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The T5 Momentum AWD trim leads with 34 listings, indicating strong consumer interest in this configuration.
- Premium Spread: The T5 R-Design AWD trim has an MSRP of $42,350, which is $5,250 higher than the T5 Momentum AWD, reflecting a premium for additional features.
- Drivetrain Effect: All trims listed are AWD or FWD, with the AWD trims generally commanding higher prices, suggesting a preference for all-wheel drive in this market.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| T5 Momentum AWD | 34 | $37,100 | AWD | 2.0L 248 hp I4 |
| T5 R-Design AWD | 30 | $42,350 | AWD | 2.0L 248 hp I4 |
| T5 Inscription AWD | 10 | $42,850 | AWD | 2.0L 248 hp I4 |
| T4 Momentum FWD | 11 | $35,100 | FWD | 2.0L 187 hp I4 |
| T4 R-Design FWD | 8 | $40,350 | FWD | 2.0L 187 hp I4 |
| T4 Inscription FWD | 4 | $40,850 | FWD | 2.0L 187 hp I4 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model year has a starting MSRP of $39,900, but the average price is $37,746, indicating a slight discount for new models.
- Depreciation Curve: The 2022 model year shows the steepest depreciation at -46.8%, highlighting significant value loss in the first year.
- Best Value Sweet Spot: The 2023 model year averages $25,951, which is a substantial drop from its MSRP of $36,350, making it a compelling option for budget-conscious buyers.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $39,900 | $37,746 | -5.4% |
| 2025 | $40,650 | $31,998 | -21.3% |
| 2024 | $40,500 | $30,277 | -25.2% |
| 2023 | $36,350 | $25,951 | -28.6% |
| 2022 | $35,100 | $18,687 | -46.8% |
| 2021 | $33,700 | $19,829 | -41.2% |
| 2020 | $33,700 | $19,386 | -42.5% |
| 2019 | $33,700 | $22,194 | -34.1% |
These recommendations are based on CarGurus' proprietary market data from October 14, 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 | $23,142 |
| Year-Round Low | $23,008 |
| Year-Round High | $25,451 |
| Average Price a Year Ago | $25,460 |
| Change vs. Last Year | −9.10% |
Prices have softened 9.10% compared to this time last year, making it a favorable time to shop this model year.
There are 813 listings available, which gives you a meaningful amount of inventory to compare.
Is the 2022 Volvo XC40 a good car?
The 2022 Volvo XC40 stands out by blending compact-SUV practicality with a more upscale feel than its size suggests. It offers a high-end, minimalist cabin, quality materials, thoughtful details, impressive rear seat room, and a large cargo area with a useful folding floor divider.
For 2022, it also brings standard driver-assistance features, a 9-inch touchscreen with Android Auto and Apple CarPlay compatibility, and standard leather upholstery and steering wheel trim even on the base model. If you want a premium small SUV that feels distinctive rather than generic, this XC40 fits that brief well.
36.0% of listings are priced as good or great deals, so you have a decent chance of finding a competitive offer.
Is the 2022 Volvo XC40 reliable?
The 2022 Volvo XC40 has some reliability concerns as part of the ownership picture, even though it also brings a strong safety focus and a well-rounded equipment list. That means you should treat it as a vehicle worth evaluating carefully rather than assuming trouble-free ownership.
For used buyers, the long-term risk is that repair costs and ownership headaches may be more likely than on a simpler mainstream SUV, so condition and maintenance history matter.
What should I look for when buying a used 2022 Volvo XC40?
Accident-free inventory is solid at 87% — always verify the vehicle history report.
You should prioritize a history report first, then focus on a thorough inspection of the cabin electronics, touch-based controls, and overall interior condition. Pay close attention to rear visibility concerns and make sure the vehicle’s features work as intended during a test drive.
Is now a good time to buy a used 2022 Volvo XC40?
This is a moderate, selective buyer’s market, so you have room to shop carefully without feeling rushed.
- Deal availability: 36.0% of listings are priced as good or great deals.
- Inventory: There are 813 listings available.
- Price trend: Prices have softened 9.10% compared with last year.
- Clean inventory: 87.0% of listings are accident-free.
If you find a listing below $23,008, 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 $23,142 sits slightly below last year's $25,460.
That price movement suggests the XC40 has already absorbed some depreciation, which can help you as a buyer today. If you plan to sell later, the current market level gives you a clearer baseline for what the vehicle may be worth after additional ownership time. The stronger the condition and history, the better your chances of preserving value.
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:
- 36.0% of listings are priced as good or great deals.
- Accident-free inventory is solid at 87% — always verify the vehicle history report.
- Price trend: Prices have softened 9.10% compared with last year.
Consider the 2021 if:
- At $22,070, the 2021 costs less than the current year's $23,142 average.
- It adds an electric version with updated software and driver-assist tech.
Consider the 2023 if:
- At $28,454, the 2023 costs more than the current year's $23,142 average.
- It brings mild-hybrid powertrains and revised styling.
The bottom line: The 2022 is the best all-around choice if you want a premium small SUV with strong equipment and a softer price than the 2023. If you’re especially price-sensitive, the 2021 is the better value play, while the 2023 makes sense only if you want the newer updates and are willing to pay more.
These recommendations are based on CarGurus' proprietary market data from October 13, 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

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.

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.

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.