Used 2023 Volvo XC40 for Sale near Illinois
92 results
CarGurus Analysis:
2023 Volvo XC40
With 1,034 currently listed for sale and an average price of $30,416.00, 33.9% of 2023 Volvo XC40s for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Volvo XC40 2 / 5 stars and CarGurus experts gave it a 7.5 / 10.
91.5% of 2023 XC40 models on CarGurus are accident free.
The 2023 Volvo XC40 features a refreshed mild-hybrid powertrain and an updated Android-based infotainment system, enhancing both efficiency and connectivity.
CarGurus Analysis: 2023 Volvo XC40
overall

Summary
With 1,034 currently listed for sale and an average price of $30,416.00, 33.9% of 2023 Volvo XC40s for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Volvo XC40 2 / 5 stars and CarGurus experts gave it a 7.5 / 10.
91.5% of 2023 XC40 models on CarGurus are accident free.
The 2023 Volvo XC40 features a refreshed mild-hybrid powertrain and an updated Android-based infotainment system, enhancing both efficiency and connectivity.
Why it stands out
The 2023 Volvo XC40 distinguishes itself within the luxury subcompact SUV market through a combination of stylish design, advanced technology, and a refined driving experience. It received significant updates for 2023, including new mild-hybrid powertrains that improve fuel efficiency and a fresh infotainment system based on Android, which enhances usability with Google apps. The XC40 is noted for its distinctive exterior design, characterized by Volvo's signature "Thor's Hammer" headlights and a sharp, modern profile. Additionally, its interior is praised for its minimalist aesthetic and high-quality materials, despite being marketed as an entry-level model.
While it faces competition from newer designs like the BMW X1 and hybrid options such as the Lexus UX, the XC40 remains appealing thanks to its comfortable ride and multiple powertrain choices. It is equipped with a strong suite of safety features, aligning with Volvo's reputation for prioritizing security. However, it does have limitations, such as a smaller cargo capacity compared to some rivals and potentially high costs for higher trims like the Recharge model. Overall, the XC40 appeals to buyers seeking a blend of luxury, practicality, and modern technology.
Other model years to consider
- Average price: $31,354.00
- Good/great deal percentage: 36.1%
- User rating: 4 / 5
- Total listings: 1,668
- Average price: $33,535.00
- Good/great deal percentage: 37.8%
- Accident-free percentage: 97.1%
- Total listings: 1,299
- Average price: $22,275.00
- Good/great deal percentage: 32.3%
- User rating: 5 / 5
- Total listings: 409
This analysis is based on CarGurus' proprietary market data from May 18, 2026, CarGurus experts' opinions, and generative AI.
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2.0 Overall rating
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mandy m
Reviewed a 2023 Volvo XC40 on Jan 4, 2023
Brake is a problem in this car- onr has to press hard and all the way to the end to get complete brake.
2023 Volvo XC40 Trims
| Trim type | MSRP |
|---|---|
| B4 Plus Dark Theme FWD | $40,750 |
| B4 Plus Bright Theme FWD | $40,750 |
| B4 Ultimate Dark Theme FWD | $44,500 |
| B5 Core AWD | $38,350 |
| B5 Ultimate Dark Theme AWD | $46,500 |
| B5 Ultimate Bright Theme AWD | $46,500 |
| B5 Plus Bright Theme AWD | $42,750 |
| B5 Plus Dark Theme AWD | $42,750 |
2023 Volvo XC40 Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 Volvo XC40 prices has changed over time.
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