Used 2023 Volvo XC40 Recharge for Sale near Washington
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Combined gas mileage:
- 86 MPG
- Fuel type:
- Electric
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 22,927
- Stock #:
- DX072787
- VIN:
- YV4ED3UL1P2072787


Sponsored by Seattle Finest Motors
2023 Volvo XC40 Recharge
Twin Plus eAWD
22,927 mi
$28,700
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Silver
- Combined gas mileage:
- 86 MPG
- Fuel type:
- Electric
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 59,830
- Stock #:
- 065915
- VIN:
- YV4ED3UM3P2065915

Sponsored Listing
2023 Volvo XC40 Recharge
Twin Ultimate eAWD
59,830 mi
$24,980
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Gray Metallic
- Fuel type:
- Electric
- Interior color:
- Black (Charcoal)
- Transmission:
- 1-Speed Automatic
- Mileage:
- 50,137
- Stock #:
- 73771
- VIN:
- YV4ED3UM4P2019901

-$649
Sponsored Listing
2023 Volvo XC40 Recharge
Twin Ultimate eAWD
50,137 mi
$27,514
$26,865
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Gray Metallic
- Fuel type:
- Electric
- Interior color:
- Black (Charcoal)
- Transmission:
- 1-Speed Automatic
- Mileage:
- 50,137
- Stock #:
- 73771
- VIN:
- YV4ED3UM4P2019901

-$649
2023 Volvo XC40 Recharge
Twin Ultimate eAWD
50,137 mi
$27,514
$26,865
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Combined gas mileage:
- 86 MPG
- Fuel type:
- Electric
- Interior color:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 22,927
- Stock #:
- DX072787
- VIN:
- YV4ED3UL1P2072787

2023 Volvo XC40 Recharge
Twin Plus eAWD
22,927 mi
$28,700
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Silver Dawn Metallic
- Fuel type:
- Electric
- Interior color:
- Black (Charcoal/Fjord Blue)
- Transmission:
- 1-Speed Automatic
- Mileage:
- 15,531
- Stock #:
- PA23708
- VIN:
- YV4ED3UL4P2081922
Photos coming soon
2023 Volvo XC40 Recharge
Twin Plus eAWD
15,531 mi
$32,400
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Gray Metallic
- Fuel type:
- Electric
- Interior color:
- Black (Charcoal)
- Transmission:
- 1-Speed Automatic
- Mileage:
- 35,931
- Stock #:
- T071330
- VIN:
- YV4ED3UM5P2071330

2023 Volvo XC40 Recharge
Twin Ultimate eAWD
35,931 mi
$30,265
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Silver
- Combined gas mileage:
- 86 MPG
- Fuel type:
- Electric
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 59,830
- Stock #:
- 065915
- VIN:
- YV4ED3UM3P2065915

2023 Volvo XC40 Recharge
Twin Ultimate eAWD
59,830 mi
$24,980
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Silver
- Fuel type:
- Electric
- Interior color:
- Black (Charcoal)
- Transmission:
- 1-Speed Automatic
- Mileage:
- 48,543
- Stock #:
- 13760
- VIN:
- YV4ED3UL9P2980534

2023 Volvo XC40 Recharge
Twin Plus eAWD
48,543 mi
$27,195
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Crystal White Metallic
- Fuel type:
- Electric
- Interior color:
- Black (Charcoal Fusion)
- Transmission:
- 1-Speed Automatic
- Mileage:
- 34,091
- Stock #:
- P4410
- VIN:
- YV4ED3UM9P2963063

2023 Volvo XC40 Recharge
Twin Ultimate eAWD
34,091 mi
$31,695
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Green
- Combined gas mileage:
- 86 MPG
- Fuel type:
- Electric
- Interior color:
- Gray
- Transmission:
- Automatic
- Mileage:
- 31,685
- Stock #:
- P049409
- VIN:
- YV4ED3UM7P2049409

2023 Volvo XC40 Recharge
Twin Ultimate eAWD
31,685 mi
$31,305
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Silver Dawn Metallic
- Fuel type:
- Electric
- Interior color:
- Black (Charcoal)
- Transmission:
- 1-Speed Automatic
- Mileage:
- 27,645
- Stock #:
- P2110022CT
- VIN:
- YV4ED3UM4P2110022

2023 Volvo XC40 Recharge
Twin Ultimate eAWD
27,645 mi
$29,891
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Onyx Black Metallic
- Fuel type:
- Electric
- Interior color:
- Black (Charcoal)
- Transmission:
- 1-Speed Automatic
- Mileage:
- 10,704
- Stock #:
- R2237358
- VIN:
- YV4ER3XK5R2237358

2024 Volvo XC40 Recharge
Twin Core eAWD
10,704 mi
$32,989
CarGurus Analysis:
2023 Volvo XC40 Recharge
With 261 currently listed for sale and an average price of $29,877, 37.2% of 2023 Volvo XC40 Recharge listings on CarGurus are rated as good or great deals.
Favorably reviewed: CarGurus experts gave it a 6.67 / 10.
93.1% of 2023 Volvo XC40 Recharge listings on CarGurus are accident free.
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Gray
- Combined gas mileage:
- 86 MPG
- Fuel type:
- Electric
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 22,085
- Stock #:
- 28610028
- VIN:
- YV4ED3UM4P2985634

-$1,000
2023 Volvo XC40 Recharge
Twin Ultimate eAWD
22,085 mi
$33,997
$32,997
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Black
- Combined gas mileage:
- 86 MPG
- Fuel type:
- Electric
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 16,417
- Stock #:
- 70188621
- VIN:
- YV4ED3UL0P2107190

2023 Volvo XC40 Recharge
Twin Plus eAWD
16,417 mi
$31,797
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Crystal White
- Fuel type:
- Electric
- Interior color:
- Black (Charcoal)
- Transmission:
- 1-Speed Automatic
- Mileage:
- 26,130
- Stock #:
- B11432
- VIN:
- YV4ED3UL7P2067285

2023 Volvo XC40 Recharge
Twin Plus eAWD
26,130 mi
$28,818
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Blue
- Combined gas mileage:
- 86 MPG
- Fuel type:
- Electric
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 6,592
- Stock #:
- 70143447
- VIN:
- YV4ED3UW4P2921255

2023 Volvo XC40 Recharge
Twin Plus eAWD
6,592 mi
$34,147
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Silver
- Combined gas mileage:
- 86 MPG
- Fuel type:
- Electric
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 44,117
- Stock #:
- 29182965
- VIN:
- YV4ED3UM3P2992347

2023 Volvo XC40 Recharge
Twin Ultimate eAWD
44,117 mi
$29,997
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- White
- Combined gas mileage:
- 86 MPG
- Fuel type:
- Electric
- Transmission:
- Automatic
- Mileage:
- 37,858
- Stock #:
- 29060683
- VIN:
- YV4ED3UM5P2945322

2023 Volvo XC40 Recharge
Twin Ultimate eAWD
37,858 mi
$31,997
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Fuel type:
- Electric
- Transmission:
- 1-Speed Automatic
- Mileage:
- 36,325
- Stock #:
- STK037747
- VIN:
- YV4ED3UL1P2037747

2023 Volvo XC40 Recharge
Twin Plus eAWD
36,325 mi
$28,359
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Blue
- Combined gas mileage:
- 86 MPG
- Fuel type:
- Electric
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 12,285
- Stock #:
- 29163482
- VIN:
- YV4ED3UM8P2012949

2023 Volvo XC40 Recharge
Twin Ultimate eAWD
12,285 mi
$34,997
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Sage Green Metallic
- Fuel type:
- Electric
- Interior color:
- Black (Charcoal)
- Transmission:
- 1-Speed Automatic
- Mileage:
- 68,781
- Stock #:
- 45101
- VIN:
- YV4ED3UL4P2039590

2023 Volvo XC40 Recharge
Twin Plus eAWD
68,781 mi
$28,907
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40 Recharge
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- Electric
- Exterior color:
- Silver
- Fuel type:
- Electric
- Interior color:
- Black (Charcoal)
- Transmission:
- 1-Speed Automatic
- Mileage:
- 48,543
- Stock #:
- 13760
- VIN:
- YV4ED3UL9P2980534

Sponsored Listing
2023 Volvo XC40 Recharge
Twin Plus eAWD
48,543 mi
$27,195
CarGurus Analysis: 2023 Volvo XC40 Recharge
overall

Summary
With 261 currently listed for sale and an average price of $29,877, 37.2% of 2023 Volvo XC40 Recharge listings on CarGurus are rated as good or great deals.
Favorably reviewed: CarGurus experts gave it a 6.67 / 10.
93.1% of 2023 Volvo XC40 Recharge listings on CarGurus are accident free.
Why it stands out
The 2023 Volvo XC40 Recharge stands out as a funky, fun all-electric luxury SUV with a stylish design and engaging driving dynamics. It is also described as comfortable, which helps broaden its appeal beyond just its distinctive looks and lively character.
At the same time, its practicality is more limited. The 2023 Volvo XC40 Recharge has unimpressive electric range and not much cargo space, so those looking for maximum versatility may find it less convincing. Its infotainment system also relies on internet connectivity, which is worth keeping in mind, even though the model is positioned competitively among luxury electric vehicles and benefits from Volvo’s emphasis on safety.
Similar models to consider
- 2023 Ford Mustang Mach-E
- Average price: $29,802
- Good/great deal percentage: 38.7%
- User rating: 5 / 5
- Total listings: 2,098
- 2023 Hyundai IONIQ 5
- Average price: $27,451
- Good/great deal percentage: 38.2%
- User rating: 4.73 / 5
- Total listings: 2,209
- 2023 Volkswagen ID.4
- Average price: $22,388
- Good/great deal percentage: 40.6%
- User rating: 5 / 5
- Total listings: 1,823
This analysis is based on CarGurus' proprietary market data from October 19, 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.
2023 Volvo XC40 Recharge Trims
| Trim type | MSRP |
|---|---|
| Twin Plus eAWD | $56,250 |
| Twin Ultimate eAWD | $59,500 |
| Twin Core eAWD | $53,550 |
*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 Recharge Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 Volvo XC40 Recharge prices has changed over time.
See more price trends2023 Volvo XC40 Recharge Pricing Analysis
Pricing by Popular US Cities
Market Area: Nationwide
Key Insights
- Highest-Price Market: The Washington, DC market leads with an average price of $31,909, indicating a premium demand in this area.
- Best Value: The Chicago, IL market offers the lowest average price at $26,738, suggesting a more competitive pricing environment for shoppers.
- Inventory Drives Stability: With 57 listings, Washington, DC not only has the highest prices but also the most inventory, which may contribute to price stability in that market.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Washington, DC | 57 | $31,909 |
| Los Angeles, CA | 53 | $28,043 |
| Philadelphia, PA | 49 | $27,394 |
| New York, NY | 45 | $31,151 |
| Chicago, IL | 43 | $26,738 |
| Boston, MA | 38 | $27,962 |
| Atlanta, GA | 36 | $29,498 |
| Dallas, TX | 33 | $27,906 |
| Houston, TX | 26 | $30,579 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The Twin Ultimate eAWD trim has the highest inventory with 133 listings, indicating strong consumer interest.
- Premium Spread: The price difference between the Twin Ultimate eAWD at $59,500 and the Twin Core eAWD at $53,550 reflects a 11% premium for additional features.
- Drivetrain Effect: All trims feature AWD, which may enhance their appeal in markets with varying weather conditions.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| Twin Ultimate eAWD | 133 | $59,500 | AWD | 402 hp Electric |
| Twin Plus eAWD | 104 | $56,250 | AWD | 402 hp Electric |
| Twin Core eAWD | 21 | $53,550 | AWD | 402 hp Electric |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2024 model year has a starting MSRP of $52,450, with an average price of $37,708, indicating a significant depreciation of -28.1%.
- Steepest Depreciation: The 2022 model year shows the steepest depreciation at -56.9%, suggesting that earlier models may offer better value for budget-conscious shoppers.
- Best Value Sweet Spot: The 2023 model year averages $29,342, which is -45.2% below its MSRP, making it a potentially attractive option for buyers looking for a balance between price and features.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2024 | $52,450 | $37,708 | -28.1% |
| 2023 | $53,550 | $29,342 | -45.2% |
| 2022 | $51,700 | $22,281 | -56.9% |
| 2021 | $53,990 | $24,988 | -53.7% |
These recommendations are based on CarGurus' proprietary market data from October 21, 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 Recharge cost?
| Metric | Value |
|---|---|
| Current Average Price | $29,795 |
| Year-Round Low | $28,885 |
| Year-Round High | $33,214 |
| Average Price a Year Ago | $33,234 |
| Change vs. Last Year | −10.35% |
Prices have softened 10.35% compared to this time last year, making it a favorable time to shop this model year.
There are 272 listings available, which gives you a modest amount of inventory to compare.
Is the 2023 Volvo XC40 Recharge a good car?
The 2023 Volvo XC40 Recharge earns an expert rating of 6.7/10.
The standout strength is Performance at 8/10.
It stands out as a funky, fun all-electric luxury SUV with a stylish design and engaging driving dynamics, and it also comes across as comfortable. That makes it a strong fit if you want an EV with personality and a premium feel rather than maximum utility.
The trade-offs are clear: its electric range is unimpressive, cargo space is limited, and the infotainment system depends on internet connectivity. Even so, it remains competitively positioned among luxury electric vehicles.
35.3% of listings are priced as good or great deals, which suggests there are still worthwhile opportunities if you shop carefully.
Is the 2023 Volvo XC40 Recharge reliable?
The 2023 Volvo XC40 Recharge is presented as a safety-focused EV with Volvo’s usual emphasis on solidity, simplicity, and protection. Its all-wheel-drive electric setup and sturdy cabin design support that impression, and the expert review also notes that the safety features mostly operated as they should during testing.
The performance setup is described as immediate and quiet off the line, with one-pedal driving available for a smoother, less fatiguing drive. On the ownership side, the model includes over-the-air software updates, which can help keep the system current over time.
Volvo also includes a four-year data package for built-in Google features, plus smartphone app functions for checking charging status and preconditioning the cabin. For used buyers, the main long-term risk is that an EV with limited range and internet-dependent features can feel more compromised if battery health or connectivity is not in top shape.
What should I look for when buying a used 2023 Volvo XC40 Recharge?
Accident-free inventory is excellent at 92.6% — clean inventory, standard diligence applies.
You should still run a history report and prioritize a pre-purchase inspection, especially on an EV where battery condition and charging behavior matter. Focus on overall condition, software functionality, and whether the car has been used in a way that matches your charging habits.
Key things to evaluate:
- Trim level: The base trim includes forward collision warning with automatic emergency braking, a blind-spot monitor with rear cross-traffic alert, and lane-keep assist, while the midgrade trim adds a surround-view camera system and the top trim adds adaptive cruise control. If you want the most complete safety setup, the upper trim is the one to target.
- Powertrain: You get a dual-motor all-wheel-drive setup with a 78-kWh battery pack and 402 horsepower. It is quick, immediate, and efficient enough for everyday use, but the range is still modest for the class.
- Safety package: Volvo’s standard driver-assistance suite includes forward collision warning with automatic emergency braking, a blind-spot monitor with rear cross-traffic alert, and lane-keep assist. Higher trims add more equipment, but those upgrades are not available on supporting trims as options.
- Infotainment: The standard setup includes a nine-inch touchscreen, wireless charging pad, Apple CarPlay, and over-the-air software updates. Android Auto is not yet available, and Apple CarPlay is not wireless.
- Range & charging: EPA range is 223 miles, usable battery capacity is 78 kWh, and DC fast charging can take the battery from 10 percent to 80 percent in 37 minutes.
- Battery health: Check battery state-of-health, confirm how the car has been charged, and look for signs of frequent DC fast charging versus mostly home charging. Also verify how much of the battery warranty remains so you know what protection you still have.
Which 2023 Volvo XC40 Recharge trim should I buy?
The 2023 Volvo XC40 Recharge 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 essential XC40 Recharge experience with the standard safety suite and the core EV hardware. It makes sense if you want the lowest starting cost and can live without the extra convenience features.
- Plus: This is the best-value trim for many shoppers because it adds a surround-view camera system without moving too far up the price ladder. If you want a more complete daily-driver setup, this is the trim to focus on.
- Ultimate: This is the one to buy if you want the most complete package, especially because it adds adaptive cruise control, a more efficient heat pump, heated steering wheel, heated rear seats, and a premium Harman Kardon sound system.
The safety-package trim note is simple: the surround-view camera and adaptive cruise control are reserved for higher trims, not offered as options on the lower ones.
Is now a good time to buy a used 2023 Volvo XC40 Recharge?
This is a moderate market for selective buyers, so you can shop with some leverage if you stay disciplined.
- Deal availability: 35.3% of listings are priced as good or great deals.
- Inventory: There are 272 listings available.
- Price trend: Prices have softened 10.35% compared with last year.
- Clean inventory: 92.6% of listings are accident-free.
If you find a listing below $28,885, that's toward the low end of the year-round range and worth acting on quickly.
What is the 2023 Volvo XC40 Recharge's resale value?
The current average of $29,795 sits slightly below last year's $33,234.
That price movement suggests the market has cooled, which can help you as a buyer today. For a future seller, it means you should expect resale value to depend heavily on condition, mileage, and how well the car presents against newer EV alternatives.
Because the model has softened by 10.35%, a clean, well-kept example should still be easier to move than a neglected one. If you buy carefully now, you may be better positioned to limit depreciation pain later.
Is the 2023 Volvo XC40 Recharge safe?
The 2023 Volvo XC40 Recharge earns Good ratings from IIHS in all crash tests it conducted.
It earns a 6/10 safety score from our experts.
Standard safety equipment includes forward collision warning with automatic emergency braking, a blind-spot monitor with rear cross-traffic alert, lane-keep assist, and a Volvo On Call button for emergencies and roadside service. Higher trims add a surround-view camera system and adaptive cruise control, but those features are not available on supporting trims as options.
Volvo also highlights structural safety details such as whiplash-reducing headrests and seat mounts designed to compress in large collisions. The main caveat is that some safety alerts can be a little eager on curvy roads, though the system did not activate the brakes in the noted example.
Should I buy a 2023 Volvo XC40 Recharge 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:
- 35.3% of listings are priced as good or great deals.
- Accident-free inventory is excellent at 92.6% — clean inventory, standard diligence applies.
- Price trend: Prices have softened 10.35% compared with last year.
- It combines stylish design, fun driving dynamics, and Volvo’s safety focus in a competitively priced luxury EV package.
Consider the 2022 if:
- It offers the same core XC40 Recharge formula with standard all-wheel drive and no major changes.
The bottom line: The 2023 is the better pick if you want the strongest mix of value, safety, and personality in this model year. If you are especially price-sensitive and find a cleaner or cheaper 2022 example, that can still make sense because the core appeal is very similar.
How does the 2023 Volvo XC40 Recharge compare to the 2023 Ford Mustang Mach-E?
Expert Pros & Cons (per CarGurus review team)
2023 Volvo XC40 Recharge:
- Pros: Stylish design, Fun to drive, Comfortable.
- Cons: Unimpressive electric range, Not much cargo space, Infotainment relies on internet connectivity.
2023 Ford Mustang Mach-E:
- Pros: Fun to drive, Comfortable, Impressive technology.
- Cons: Unimpressive electric range, Choppy ride quality, Needs a head-up display.
Our experts score the 2023 Volvo XC40 Recharge 6.7/10 and the 2023 Ford Mustang Mach-E 8.5/10. The Volvo leans more heavily into style and comfort, while the Mach-E brings stronger technology and a higher expert score. Both have unimpressive electric range, but the Volvo’s smaller cargo area and internet-dependent infotainment make it feel less versatile. If you want the more polished all-around package, the Mach-E has the edge; if you want a distinctive luxury EV with a more playful personality, the Volvo still has appeal.
| Spec | 2023 Volvo XC40 Recharge | 2023 Ford Mustang Mach-E |
|---|---|---|
| Starting MSRP | $53,550 | $39,895 |
| Motor | 402 hp Electric | 266 hp Electric |
| MPG/MPGe (city) | 92 | 110 |
| MPG/MPGe (highway) | 79 | 96 |
| Battery | 78 kWh | 72 kWh |
| Charge time (240V) | 8 hours | 14.1 hours |
| Average used price | $29,795 | $29,832 |
| Listings available | 272 | 2,080 |
| Good & great deal share | 35.3% | 38.7% |
| Accident-free share | 92.6% | 90.9% |
These recommendations are based on CarGurus' proprietary market data from October 21, 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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