Used 2023 Volvo XC40 for Sale nearLos Angeles, CA
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 / Stone
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 25,401
- Stock #:
- P2953237C
- VIN:
- YV4L12UW5P2953237


Sponsored by Norm Reeves Honda Superstore Huntington Beach
2023 Volvo XC40
B5 Plus Dark Theme AWD
25,401 mi
$29,920
- 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:
- 17,133
- Stock #:
- SV10476
- VIN:
- YV4L12UW3P2970845

Sponsored Listing
2023 Volvo XC40
B5 Plus Dark Theme AWD
17,133 mi
$32,284
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Exterior color:
- Silver
- Interior color:
- Black (Charcoal)
- Mileage:
- 24,718
- Stock #:
- P17884
- VIN:
- YV4L12UK1R2285369

Sponsored Listing
2024 Volvo XC40
B5 Core Dark Theme AWD
24,718 mi
$27,968
- 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:
- 8,955
- Stock #:
- VP3811
- VIN:
- YV4L12UN4P2974538

2023 Volvo XC40
B5 Plus Bright Theme AWD
8,955 mi
$32,673
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Engine:
- 247 hp 2L I4
- Exterior color:
- Silver Dawn Metallic
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 17,766
- Stock #:
- CPV161
- VIN:
- YV4L12UK8R2206957

2024 Volvo XC40
17,766 mi
$30,485
- Year:
- 2022
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Pebble Gray Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 62,741
- Stock #:
- 44652
- VIN:
- YV4162UK9N2766151

2022 Volvo XC40
T5 Momentum AWD
62,741 mi
$22,093
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Engine:
- 247 hp 2L I4
- Exterior color:
- Fjord Blue Metallic
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 22,932
- Stock #:
- R2285688P
- VIN:
- YV4L12UK6R2285688

2024 Volvo XC40
22,932 mi
$25,825
- 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:
- 25,472
- Stock #:
- 28958290
- VIN:
- YV4L12UA2P2058762

2023 Volvo XC40
B5 Ultimate Bright Theme AWD
25,472 mi
$31,997
- 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:
- 58,477
- Stock #:
- 8HHVDG
- VIN:
- YV4L12UE0P2959633

2023 Volvo XC40
B5 Plus Bright Theme AWD
58,477 mi
$25,084
- 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
$20,280
- 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:
- 16,505
- Stock #:
- A8436
- VIN:
- YV4K92HW7P2087054

2023 Volvo XC40
B4 Plus Dark Theme FWD
16,505 mi
$28,365
- 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
- Combined gas mileage:
- 28 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 71,542
- Stock #:
- 12010
- VIN:
- YV4K92HM0P2054931

2023 Volvo XC40
B4 Ultimate Dark Theme FWD
71,542 mi
$22,550
- Year:
- 2022
- 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
- Transmission:
- Automatic
- Mileage:
- 66,841
- Stock #:
- 2761801
- VIN:
- YV4162UK8N2761801

2022 Volvo XC40
T5 Momentum AWD
66,841 mi
$19,315
CarGurus Analysis:
2023 Volvo XC40
With 57 currently listed for sale near Los Angeles, CA and an average price of $28,892, 91.2% 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.
100.0% of 2023 XC40 models on CarGurus are accident free.
- 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 / Stone
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 25,401
- Stock #:
- P2953237C
- VIN:
- YV4L12UW5P2953237

2023 Volvo XC40
B5 Plus Dark Theme AWD
25,401 mi
$29,920
- 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:
- 29,028
- Stock #:
- 26P01117
- VIN:
- YV4L12UM8P2982407

2023 Volvo XC40
B5 Ultimate Dark Theme AWD
29,028 mi
$32,661
- 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:
- 24,441
- Stock #:
- 19422U
- VIN:
- YV4L12UM8P2943980

2023 Volvo XC40
B5 Ultimate Dark Theme AWD
24,441 mi
$32,968
- Year:
- 2022
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Red
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 41,933
- Stock #:
- 29015299
- VIN:
- YV4162UM3N2784534

2022 Volvo XC40
T5 R-Design AWD
41,933 mi
$29,497
- 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:
- 7,495
- Stock #:
- 29016835
- VIN:
- YV4L12UN4P2017360

2023 Volvo XC40
B5 Plus Bright Theme AWD
7,495 mi
$33,147
- 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
- Combined gas mileage:
- 28 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 52,812
- Stock #:
- HP11316
- VIN:
- YV4K92HM8P2055275

2023 Volvo XC40
B4 Ultimate Dark Theme FWD
52,812 mi
$25,502
- 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:
- 19,840
- Stock #:
- P12419
- VIN:
- YV4L12UW8P2111878

2023 Volvo XC40
B5 Plus Dark Theme AWD
19,840 mi
$31,603
- 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:
- 17,133
- Stock #:
- SV10476
- VIN:
- YV4L12UW3P2970845

2023 Volvo XC40
B5 Plus Dark Theme AWD
17,133 mi
$32,284
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Exterior color:
- Silver
- Interior color:
- Black (Charcoal)
- Mileage:
- 24,718
- Stock #:
- P17884
- VIN:
- YV4L12UK1R2285369

2024 Volvo XC40
B5 Core Dark Theme AWD
24,718 mi
$27,968
- 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:
- 19,840
- Stock #:
- P12419
- VIN:
- YV4L12UW8P2111878

Sponsored Listing
2023 Volvo XC40
B5 Plus Dark Theme AWD
19,840 mi
$31,603
CarGurus Analysis: 2023 Volvo XC40
overall

Summary
With 57 currently listed for sale near Los Angeles, CA and an average price of $28,892, 91.2% 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.
100.0% of 2023 XC40 models on CarGurus are accident free.
Why it stands out
The 2023 Volvo XC40 stands out as Volvo’s smallest crossover SUV, and for this model year it gained several notable updates, including new mild-hybrid powertrains, revised styling, and the Android-based infotainment system previously seen on the XC40 Recharge and other Volvo models. That combination gives the XC40 a more modern feel without losing the compact, entry-level luxury positioning that defines Volvo’s “40” models. It remains aimed at shoppers who want a premium small SUV with a distinctive design and a comfortable driving experience.
Its appeal is strengthened by the availability of multiple powertrain options, along with base Core, mid-level Plus, and top Ultimate trim levels and B4 front-wheel drive and B5 all-wheel drive drivetrains. The XC40’s stylish design and comfort are clear strengths, making it an attractive choice for buyers who value refinement and a polished cabin experience in a small package.
There are tradeoffs, though. The XC40 is not especially generous when it comes to cargo space, so buyers who need maximum utility may find it limiting. Even so, the 2023 XC40’s mix of updated technology, fresh styling, and approachable luxury character helps it remain a compelling option in the subcompact premium SUV class.
Other model years to consider
- Average price: $29,768
- Good/great deal percentage: 112.9%
- User rating: 4 / 5
- Total listings: 62
- Average price: $32,712
- Good/great deal percentage: 117.6%
- User rating: 5 / 5
- Total listings: 51
- Average price: $19,185
- Good/great deal percentage: 51.7%
- Total listings: 58
This analysis is based on CarGurus' proprietary market data from September 8, 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.
2.0 Overall rating
Filter by rating
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 |
*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.
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.
See more price trends2023 Volvo XC40 Pricing Analysis: Los Angeles, CA Market Report
Pricing by Nearby Locations
Market Area: Los Angeles, CA
Key Insights
- Lowest Prices in Temecula: The city of Temecula offers the most competitive average price at $28,867, indicating a potentially higher inventory or lower demand.
- Highest Prices in Santa Clarita: In contrast, Santa Clarita has the highest average price at $33,763, suggesting a premium market or limited supply.
- Inventory Variability: Cities like Irvine and Pomona have similar inventory levels (54 and 53 listings, respectively) but differ in pricing, indicating localized demand fluctuations.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Santa Clarita, CA | 52 | $33,763 |
| Malibu, CA | 52 | $31,263 |
| Pomona, CA | 53 | $30,754 |
| Lancaster, CA | 54 | $34,158 |
| Irvine, CA | 54 | $29,535 |
| Ventura, CA | 53 | $32,576 |
| Victorville, CA | 49 | $30,632 |
| San Bernardino, CA | 48 | $29,491 |
| Temecula, CA | 45 | $28,867 |
Pricing by Trim Packages
Key Insights
- AWD Trims Dominate Listings: The B5 Plus Bright Theme AWD is the most common trim with 23 listings, reflecting strong demand for AWD capabilities.
- Premium Pricing for Ultimate Trims: The B5 Ultimate Dark Theme AWD and B5 Ultimate Bright Theme AWD are priced at $46,500, indicating a significant markup for luxury features.
- Base Trim Availability: The B4 Core FWD trim has the least inventory with only 2 listings, suggesting lower demand or limited availability.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| B5 Plus Bright Theme AWD | 23 | $42,750 | AWD | 2.0L 247 hp I4 |
| B5 Plus Dark Theme AWD | 16 | $42,750 | AWD | 2.0L 247 hp I4 |
| B5 Ultimate Bright Theme AWD | 12 | $46,500 | AWD | 2.0L 247 hp I4 |
| B5 Ultimate Dark Theme AWD | 12 | $46,500 | AWD | 2.0L 247 hp I4 |
| B5 Core AWD | 6 | $38,350 | AWD | 2.0L 247 hp I4 |
| B4 Ultimate Dark Theme FWD | 10 | $44,500 | FWD | 2.0L 194 hp I4 |
| B4 Plus Bright Theme FWD | 1 | $40,750 | FWD | 2.0L 194 hp I4 |
| B4 Core FWD | 2 | $36,350 | FWD | 2.0L 194 hp I4 |
Pricing Analysis by Model Year
Key Insights
- New Models at a Premium: The 2026 XC40 is priced at $42,549, approximately 6.5% above MSRP, indicating strong demand for the latest model.
- Significant Depreciation for Older Models: The 2022 XC40 shows a steep decline, priced at $19,185, which is ~45.5% below its original MSRP.
- Best Value in Recent Years: The 2025 XC40 offers a balance of price and features at $33,034, reflecting a depreciation of only ~18.1% from its MSRP.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 Volvo XC40 | $39,900 | $42,549 | +6.5% |
| 2025 Volvo XC40 | $40,650 | $33,034 | -18.1% |
| 2024 Volvo XC40 | $40,500 | $29,688 | -26.8% |
| 2022 Volvo XC40 | $35,100 | $19,185 | -45.5% |
| 2021 Volvo XC40 | $33,700 | $24,856 | -26.2% |
| 2019 Volvo XC40 | $33,700 | $17,489 | -48.0% |
These recommendations are based on CarGurus' proprietary market data from September 10, 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 2023 Volvo XC40 cost?
| Metric | Value |
|---|---|
| Current Average Price | $29,028 |
| Year-Round Low | $28,496.75 |
| Year-Round High | $32,074.23 |
| Average Price a Year Ago | $32,083 |
| Change vs. Last Year | −9.52% |
Prices have softened 9.52% compared to this time last year, making it a favorable time to shop this model year.
There are 1,181 listings available, which gives you a solid amount of inventory to compare.
If you find a listing below $28,496.75, that's toward the low end of the year-round range and worth acting on quickly.
Is the 2023 Volvo XC40 a good car?
With a 2/5 user rating and a 7.5/10 expert rating, the 2023 Volvo XC40 looks like a mixed but still compelling small luxury SUV.
The standout strength is Look and feel at 9/10.
Volvo’s updates for this model year give you a more modern feel, including revised styling and the Android-based infotainment system, while the XC40 still fits the role of an entry-level luxury crossover aimed at compact premium shoppers. It is stylish and comfortable, but it is not the most practical choice if cargo space matters a lot to you.
The main trade-offs are limited cargo space and a cost-effectiveness score of 5/10, which suggests you should weigh the XC40’s premium feel against its everyday utility and ownership value.
With 34.7% of listings marked as good or great deals, there is enough market opportunity to shop selectively.
Is the 2023 Volvo XC40 reliable?
The 2023 XC40 leans on Volvo’s safety-first reputation, and its mild-hybrid setup is designed to smooth power delivery while improving fuel economy.
Volvo says the 48-volt system and integrated starter generator help the gasoline engine, increase start/stop use, and fill in power gaps for smoother operation. The model also comes with a four-year/50,000-mile limited warranty, which is standard coverage but does not fully erase concerns about the added complexity of the newly introduced mild-hybrid hardware.
For used buyers, the long-term risk is that newer electrified components can add uncertainty once the factory warranty starts to age out.
What should I look for when buying a used 2023 Volvo XC40?
Accident-free inventory is excellent at 91.3% — clean inventory, standard diligence applies.
You should still run a vehicle history report, confirm service records, and prioritize a pre-purchase inspection, especially if you are looking at a higher-mileage example or one with optional equipment. Focus on overall condition, because the XC40’s premium appeal depends heavily on how well it has been maintained.
Key things to evaluate:
- Trim level: Base Core models leave out front parking sensors, while Plus adds them and Ultimate adds side parking sensors, a 360-degree camera system, adaptive cruise control, and Pilot Assist.
- Powertrain: The B4 setup uses a 2.0-liter turbocharged four-cylinder with mild-hybrid assistance, while the B5 adds more output and all-wheel drive; the mild-hybrid system is meant to improve smoothness and efficiency.
- Safety package: Standard equipment includes lane keep assist, automatic emergency braking, Oncoming Lane Mitigation, traffic sign recognition, rear parking sensors, blind spot monitoring, rear cross traffic alert, and whiplash-prevention front seats.
- Infotainment: You get a 12.3-inch digital instrument cluster and a 9-inch portrait touchscreen, plus Google-based built-in apps, Apple CarPlay, and Bluetooth support.
- Fuel efficiency: EPA ratings are 27 mpg combined for B4 FWD models and 26 mpg combined for B5 AWD models.
Which 2023 Volvo XC40 trim should I buy?
The 2023 Volvo XC40 is offered in 3 trim levels: Core, Plus, Ultimate.
Here's the short version:
- Core: This is the entry point, and it gives you the XC40’s standard safety and tech basics, but you give up front parking sensors and some of the convenience features found higher up the range.
- Plus: This is the best-value trim for many shoppers because it adds front parking sensors and keeps the XC40’s core strengths intact without pushing you all the way to the top price tier.
- Ultimate: Choose this if you want the most complete XC40 experience, since it adds side parking sensors, a 360-degree camera system, adaptive cruise control, and Pilot Assist.
The base trim does not include standard adaptive cruise control, so if that matters to you, you will want to move up the range.
Is now a good time to buy a used 2023 Volvo XC40?
This is a moderate market for selective buyers, so you can shop with some leverage if you know what you want.
- Deal availability: 34.7% of listings are priced as good or great deals.
- Inventory: There are 1,181 listings available.
- Price trend: Prices have softened 9.52% compared with last year.
- Clean inventory: 91.3% of listings are accident-free.
If you find a listing below $28,496.75, that's toward the low end of the year-round range and worth acting on quickly.
What is the 2023 Volvo XC40's resale value?
The current average of $29,028 sits slightly below last year's $32,083.
That price drop suggests the XC40 has softened in the used market, which can help you buy at a more favorable point in the cycle. If you plan to sell later, that also means your resale outcome will depend heavily on mileage, condition, and equipment.
Well-kept examples with desirable features should hold up better than neglected ones, especially because buyers in this segment tend to compare value closely against newer rivals. If you buy carefully now, you may be able to limit depreciation pain later.
Is the 2023 Volvo XC40 safe?
The 2023 XC40 earns top “Good” ratings in most IIHS crash tests, though it was rated “Acceptable” in the updated side-impact test.
It earns a five-star overall safety rating from NHTSA, with five-star ratings in frontal and side crash tests and a four-star rollover rating.
It earns a 8/10 safety score from our experts.
Volvo equips the XC40 with lane keep assist, automatic emergency braking, Oncoming Lane Mitigation, traffic sign recognition, rear parking sensors, blind spot monitoring, rear cross traffic alert, and whiplash-prevention front seats. The base Core trim does not include adaptive cruise control, while Plus adds front parking sensors and Ultimate adds side parking sensors, a 360-degree camera system, adaptive cruise control, and Pilot Assist.
The updated IIHS side-impact result is the main caveat to keep in mind, even though the XC40 still posts strong overall safety credentials.
Should I buy a 2023 Volvo XC40 or consider a different year?
If you're weighing the 2023 against nearby model years, here's how to think about it:
Choose the 2023 if:
- 34.7% of listings are priced as good or great deals.
- Accident-free inventory is excellent at 91.3% — clean inventory, standard diligence applies.
- Price trend: Prices have softened 9.52% compared with last year.
- Volvo’s own summary highlights this year’s updates, including new mild-hybrid powertrains, revised styling, and the Android-based infotainment system.
The bottom line: The 2023 XC40 makes the most sense if you want the updated mild-hybrid setup and the newer infotainment experience without paying for a brand-new SUV. If you are especially price-sensitive, a nearby model year may still be worth comparing, but the 2023 stands out as the more modern choice in this range.
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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