Used 2022 Volvo XC40 for Sale near New Jersey
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:
- Black
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Automatic
- Mileage:
- 19,117
- Stock #:
- 105819
- VIN:
- YV4L12UA0P2105819


Sponsored by CarVision of Maple Shade
2023 Volvo XC40
B5 Ultimate Bright Theme AWD
19,117 mi
$30,798
- Year:
- 2022
- 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:
- Brown (Beige)
- Transmission:
- 8-Speed Automatic
- Mileage:
- 79,869
- Stock #:
- N761079
- VIN:
- YV4162UK2N2761079

Sponsored Listing
2022 Volvo XC40
T5 Momentum AWD
79,869 mi
$20,990
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Blue Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 29,518
- Stock #:
- 15911R
- VIN:
- YV4L12UW0P2952593

Sponsored Listing
2023 Volvo XC40
B5 Plus Dark Theme AWD
29,518 mi
$30,503
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Blue
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 21,835
- Stock #:
- P2937379
- VIN:
- YV4L12UV1P2937379

2023 Volvo XC40
B5 Core AWD
21,835 mi
$26,265
- 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:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 19,555
- Stock #:
- P2104028
- VIN:
- YV4L12UW3P2104028

2023 Volvo XC40
B5 Plus Dark Theme AWD
19,555 mi
$30,985
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Onyx Black Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Blond
- Transmission:
- Automatic
- Mileage:
- 29,598
- Stock #:
- 15859R
- VIN:
- YV4L12UW3P2032361

2023 Volvo XC40
B5 Plus Dark Theme AWD
29,598 mi
$29,698
- 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:
- 32,382
- Stock #:
- P12479
- VIN:
- YV4L12UV8P2096032

2023 Volvo XC40
B5 Core AWD
32,382 mi
$27,285
- 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:
- 64,486
- Stock #:
- ST508607
- VIN:
- YV4162UL9M2508607

-$520
2021 Volvo XC40
T5 Inscription AWD
64,486 mi
$24,879
$24,359
- 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
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 53,969
- Stock #:
- 172910
- VIN:
- YV4AC2HK9M2551998

-$1,699
2021 Volvo XC40
T4 Momentum FWD
53,969 mi
$22,838
$21,139
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Bright Dusk Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 23,185
- Stock #:
- 15884R
- VIN:
- YV4L12UN8P2094751

2023 Volvo XC40
B5 Plus Bright Theme AWD
23,185 mi
$30,144
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Blue Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 29,518
- Stock #:
- 15911R
- VIN:
- YV4L12UW0P2952593

2023 Volvo XC40
B5 Plus Dark Theme AWD
29,518 mi
$30,503
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior color:
- Blue Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Blond
- Transmission:
- Automatic
- Mileage:
- 19,941
- Stock #:
- 15905R
- VIN:
- YV4L12UN3P2108149

-$898
2023 Volvo XC40
B5 Plus Bright Theme AWD
19,941 mi
$31,980
$31,082
- 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:
- Blonde
- Transmission:
- Automatic
- Mileage:
- 61,468
- Stock #:
- T656473
- VIN:
- YV4162UL6N2656473

-$500
2022 Volvo XC40
T5 Inscription AWD
61,468 mi
$24,385
$23,885
CarGurus Analysis:
2022 Volvo XC40
With 883 currently listed for sale and an average price of $23,881, 35.9% of 2022 Volvo XC40s for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2022 Volvo XC40 5 / 5 stars.
87.7% of 2022 XC40 models 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:
- Automatic
- Mileage:
- 103,870
- Stock #:
- N2717948
- VIN:
- YV4162UM3N2717948

-$1,000
2022 Volvo XC40
T5 R-Design AWD
103,870 mi
$19,472
$18,472
- Year:
- 2021
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Pearl White
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown (Tan)
- Transmission:
- Automatic
- Mileage:
- 106,000
- Stock #:
- 01
- VIN:
- YV4162UK3M2450906

2021 Volvo XC40
T5 Momentum AWD
106,000 mi
$16,173
- 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
- Transmission:
- Automatic
- Mileage:
- 40,503
- Stock #:
- 28707787
- VIN:
- YV4L12UV4P2951356

2023 Volvo XC40
B5 Core AWD
40,503 mi
$25,997
- Year:
- 2022
- 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:
- Gray
- Transmission:
- Automatic
- Mileage:
- 63,269
- Stock #:
- 2759989
- VIN:
- YV4162UK9N2759989

2022 Volvo XC40
T5 Momentum AWD
63,269 mi
$20,788
- 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:
- 13,157
- Stock #:
- P4016
- VIN:
- YV4L12UX8P2076297

2023 Volvo XC40
B5 Ultimate Dark Theme AWD
13,157 mi
$34,848
- 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
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 27,445
- Stock #:
- P2067083
- VIN:
- YV4L12UL3P2067083

2023 Volvo XC40
B5 Plus Dark Theme AWD
27,445 mi
$29,272
- 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
- Transmission:
- Automatic
- Mileage:
- 53,287
- Stock #:
- RP586884
- VIN:
- YV4162UK8M2586884

2021 Volvo XC40
T5 Momentum AWD
53,287 mi
$21,961
- 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:
- 38,549
- Stock #:
- B3951753
- VIN:
- YV4L12UW2P2951753

2023 Volvo XC40
B5 Plus Dark Theme AWD
38,549 mi
$27,401
- Year:
- 2021
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Blue
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 100,000
- Stock #:
- 59
- VIN:
- YV4162UM4M2468140

2021 Volvo XC40
T5 R-Design AWD
100,000 mi
$17,573
- 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:
- 19,574
- Stock #:
- LLU4260
- VIN:
- YV4L12UW2P2911494

Sponsored Listing
2023 Volvo XC40
B5 Plus Dark Theme AWD
19,574 mi
$28,980
CarGurus Analysis: 2022 Volvo XC40

Summary
With 883 currently listed for sale and an average price of $23,881, 35.9% of 2022 Volvo XC40s for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2022 Volvo XC40 5 / 5 stars.
87.7% of 2022 XC40 models 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 make it feel more upscale than its size suggests. Volvo’s smallest crossover was praised for its modern Scandinavian styling, and inside it offered a high-end, minimalist interior with quality materials, leather upholstery, and thoughtful details. It also struck a strong balance between passenger and cargo utility, with impressive rear seat room for its footprint and a large cargo area with a useful folding floor divider.
For buyers, the 2022 model year sits in a sweet spot because it still delivers modern features such as Apple CarPlay and Android Auto connectivity, while many of the early reliability concerns had been solved. Safety remains one of its biggest selling points: every XC40 comes standard with Volvo’s Intellisafe suite of driver-assistance features, which helps make it especially appealing to families and safety-conscious shoppers. The XC40’s appeal is also helped by its premium feel and distinctive character, giving it a different personality from more conventional luxury compact SUVs.
There are a few tradeoffs to keep in mind. The XC40’s touch-based interior controls can be fiddly, and poor rear visibility is another drawback. Even so, the 2022 Volvo XC40 remains distinctive because it combines style, practicality, and a strong safety story in a small luxury package that feels thoughtfully executed.
Other model years to consider
- Average price: $22,197
- Good/great deal percentage: 37.5%
- User rating: 5 / 5
- Total listings: 461
- Average price: $33,818
- Good/great deal percentage: 33.8%
- User rating: 5 / 5
- Total listings: 1,289
- Average price: $30,947
- Good/great deal percentage: 35.3%
- User rating: 4 / 5
- Total listings: 1,409
This analysis is based on CarGurus' proprietary market data from September 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.
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 Prices in Chicago: The average price in Chicago, IL ($23,706) is the highest among the listed cities, indicating strong demand or limited supply in that market.
- Lowest Prices in Los Angeles: Conversely, Los Angeles, CA ($19,185) offers the lowest average price, suggesting a more competitive market or higher inventory levels.
- Inventory Variation: Cities like Philadelphia (116 listings) and Boston (115 listings) have substantial inventory, which may contribute to more stable pricing around the national average.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Chicago, IL | 85 | $23,706 |
| Philadelphia, PA | 116 | $21,000 |
| New York, NY | 121 | $22,186 |
| Washington, DC | 112 | $22,796 |
| Atlanta, GA | 92 | $21,224 |
| Miami, FL | 62 | $21,695 |
| Dallas, TX | 78 | $25,778 |
| Houston, TX | 78 | $22,550 |
| Boston, MA | 115 | $23,134 |
| Los Angeles, CA | 60 | $19,185 |
Pricing by Trim Packages
Key Insights
- AWD Trims Dominate Listings: The T5 R-Design AWD (221 listings) and T5 Momentum AWD (216 listings) are the most common trims, reflecting a strong preference for all-wheel drive in the market.
- Price Range Across Trims: The T5 Inscription AWD has the highest MSRP at $42,850, while the T4 Momentum FWD is the most affordable at $35,100, indicating a significant price spread based on features and drivetrain.
- Feature-Rich Premium Trims: Premium trims like the T5 Inscription AWD command higher prices due to additional luxury features, appealing to buyers seeking enhanced comfort and technology.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| T5 R-Design AWD | 221 | $42,350 | AWD | 2.0L 248 hp I4 |
| T5 Momentum AWD | 216 | $37,100 | AWD | 2.0L 248 hp I4 |
| T5 Inscription AWD | 72 | $42,850 | AWD | 2.0L 248 hp I4 |
| T4 Momentum FWD | 67 | $35,100 | FWD | 2.0L 187 hp I4 |
| T4 R-Design FWD | 27 | $40,350 | FWD | 2.0L 187 hp I4 |
| T4 Inscription FWD | 11 | $40,850 | FWD | 2.0L 187 hp I4 |
Pricing Analysis by Model Year
Key Insights
- Newer Models at Premium Prices: The 2026 XC40 is priced at $42,617, reflecting a 6.5% premium over its MSRP, indicating strong demand for the latest model.
- Significant Depreciation for Older Models: The 2019 XC40 shows a steep decline, with an average price of $19,110, representing a -43.1% depreciation from its original MSRP.
- Best Value in Recent Years: The 2021 XC40 offers a balance of price and features, priced at $22,500, which is -33.8% below its original MSRP, making it an attractive option for budget-conscious buyers.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 Volvo XC40 | $39,900 | $42,617 | +6.5% |
| 2025 Volvo XC40 | $40,650 | $34,663 | -14.7% |
| 2024 Volvo XC40 | $40,500 | $30,732 | -24.1% |
| 2023 Volvo XC40 | $36,350 | $28,181 | -22.5% |
| 2021 Volvo XC40 | $33,700 | $22,500 | -33.8% |
| 2020 Volvo XC40 | $33,700 | $21,604 | -35.9% |
| 2019 Volvo XC40 | $33,700 | $19,110 | -43.1% |
These recommendations are based on CarGurus' proprietary market data from September 3, 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 | $23,837 |
| Year-Round Low | $23,269.75 |
| Year-Round High | $26,388.11 |
| Average Price a Year Ago | $26,404 |
| Change vs. Last Year | −9.72% |
Prices have softened 9.72% compared to this time last year, making it a favorable time to shop this model year.
There are 886 listings available, which gives you a solid amount of inventory to compare.
If you find a listing below $23,269.75, that's toward the low end of the year-round range and worth acting on quickly.
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 modern Scandinavian design, a high-end minimalist interior, quality materials, leather upholstery, thoughtful cabin details, impressive rear seat room for its footprint, and a large cargo area with a folding floor divider.
It also brings a premium-feeling feature set, including a 9-inch touchscreen with Volvo’s Sensus operating system, Android Auto and Apple CarPlay compatibility, and available upgrades such as a 15-speaker Harman Kardon premium sound system and Pilot Assist. For families and safety-conscious buyers, the standard Intellisafe suite adds to its appeal.
34.8% of listings are priced as good or great deals, so you have a meaningful share of the market to target.
Is the 2022 Volvo XC40 reliable?
The 2022 Volvo XC40 comes across as a well-equipped, safety-focused small luxury SUV with a distinctive Volvo personality. Its standard Intellisafe suite and premium cabin presentation support that impression, while its practical packaging makes it easy to live with.
The tradeoffs are worth keeping in mind: the touch-based interior controls can be fiddly, and rear visibility is poor. For long-term ownership, that means you should pay close attention to how the cabin electronics, visibility, and everyday usability feel on a test drive.
What should I look for when buying a used 2022 Volvo XC40?
Accident-free inventory is solid at 88.6% — always verify the vehicle history report.
You should also prioritize a pre-purchase inspection so you can check the touch-based controls, infotainment operation, and overall cabin condition. Focus on signs of wear in the interior and make sure the vehicle’s practical features still work as intended.
Is now a good time to buy a used 2022 Volvo XC40?
This looks like a moderate market where selective buyers can still find value if they shop carefully.
- Deal availability: 34.8% of listings are priced as good or great deals.
- Inventory: There are 886 listings available.
- Price trend: Prices have softened 9.72% compared with last year.
- Clean inventory: 88.6% of listings are accident-free.
If you find a listing below $23,269.75, 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 $23,837 sits slightly below last year's $26,404.
That price movement suggests the XC40 has become more affordable for used buyers, but it also means a future seller may face a softer resale environment than before. If you buy now, you may benefit from the lower entry price, but you should still expect depreciation to remain part of the ownership equation. For a seller, condition and documentation will matter more when the market is already leaning downward.
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:
- 34.8% of listings are priced as good or great deals.
- Accident-free inventory is solid at 88.6% — always verify the vehicle history report.
- Price trend: Prices have softened 9.72% compared with last year.
Consider the 2021 if:
- At $22,208, the 2021 costs less than the current year's $23,837 average.
- It adds an electric version to the lineup.
Consider the 2023 if:
- At $29,028, the 2023 costs more than the current year's $23,837 average.
- It brings updated styling and a more modern infotainment setup.
The bottom line:
The 2022 is the best all-around starting point if you want a well-equipped XC40 with a softer used-market price and plenty of listings to compare. If your priority is spending less, the 2021 is the value play; if you want newer updates and are willing to pay more, the 2023 is the upgrade path.
These recommendations are based on CarGurus' proprietary market data from September 4, 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.
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