Used Volvo XC40 for Sale nearColorado Springs, CO

How much does the Volvo XC40 cost in today's market?

Used Volvo XC40 prices span a wide range depending on model year. Here's what the market looks like right now:

The Volvo XC40's current nationwide average price is $29,772, and its nationwide average price reached a low of $28,841 over the past year.

Recently, prices have come down for the 2023 and 2025 models, making now a good time to shop recent model years.

Is the Volvo XC40 a good car?

Yes — the Volvo XC40 is a strong choice if you want a compact luxury SUV with style, comfort, and a premium-feeling cabin. The all-generations owner rating is 4.56/5 across every model year in the data.

Owners consistently praise the XC40 for its safety, comfort, and stylish design, along with an enjoyable driving experience and a luxurious interior feel. Across the model years, the recurring themes are premium cabin quality, strong everyday usability, and a distinctive look that stands out from other small SUVs.

Expert reviews rate the 2021 and 2019 models among the highest across all years.

The trade-offs that come up most often are the touchscreen-heavy tech interface, rear-seat comfort, and cargo space on some versions.

35.0% of listings are priced as good or great deals.

Are Volvo XC40 models reliable?

Owners and experts consistently point to the XC40’s safety, comfort, and premium feel as core strengths. The model also earns praise for its stylish design and enjoyable driving character, which helps it feel polished in everyday use.

• Owners rate the Volvo XC40 between 2.0 and 5.0 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is worth weighing carefully because some model years show mixed owner feedback alongside recurring concerns about tech and comfort.

What should I look for when buying a used Volvo XC40?

Across all model years, accident-free inventory is excellent at 90.4% — clean inventory, standard diligence applies.

Key things to evaluate:

• Safety package: Volvo’s Intellisafe suite of driver-assistance features
• Infotainment: Android-based infotainment system with Google Maps, Google Assistant, Apple CarPlay, and basic Bluetooth support
• Fuel efficiency: 27 mpg combined (24 mpg city, 32 mpg highway) for B4 FWD models and 26 mpg combined (23 mpg city, 30 mpg highway) for B5 AWD models

Which Volvo XC40 trim should I buy?

The 2023 Volvo XC40 offers these trims:

• Core: The entry trim brings the mild-hybrid B4 setup with a 2.0-liter turbocharged four-cylinder engine, 197 hp, 221 pound-feet of torque, and an eight-speed automatic transmission; it suits you if you want the XC40’s core design and efficiency at the lowest price.
• Plus: This trim adds front parking sensors and fog lights, making it a smart value pick if you want a little more convenience and visibility support.
• Ultimate: The top trim adds side parking sensors, a 360-degree camera system, adaptive cruise control, and Pilot Assist, along with available premium touches like the 13-speaker Harman Kardon audio system and other upscale equipment.

What Volvo XC40 do most buyers choose?

The Volvo XC40 years with the most listings are 2024, 2025, and 2023.

Higher-volume years tend to be popular because they give you more inventory to compare, which can make it easier to find the right color, trim, and price. They also often sit near the sweet spot between newer features and broader availability.

What is the Volvo XC40's resale value?

Most XC40 model years are moving lower year over year, which can work in your favor if you want a used luxury SUV at a softer price point. The biggest drops are concentrated in older and mid-cycle years, while the newest models are changing much less. That pattern suggests you can find meaningful value in several model years without giving up the XC40’s core appeal.

The 2025 model year is holding steady, with prices close to flat year-over-year.

The 2024, 2025, and 2021 model years have held their value best, with the smallest year-over-year price changes.

Is the Volvo XC40 safe?

• 2023: 8/10
• 2021: 9/10
• 2019: 7/10

Volvo’s Intellisafe suite of driver-assistance features is standard on the 2023 XC40.

For the safest used buy, the 2021 model posts the highest confirmed score of 9/10.

Should I buy a used Volvo XC40 now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −0.94% versus a year ago, and the 2023 model is at −8.56%.
• Deal availability: The 2025 model has 34.3% good and great deals, and the 2023 model has 35.1%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $31,216. The Volvo XC40 offers a distinctive Scandinavian design, a premium-feeling cabin, and strong everyday practicality.

Consider waiting if:

• Powertrain/efficiency: The 2023 Volvo XC40 uses a 48-volt electrical system and 13-horsepower integrated starter generator, with 27 mpg combined for B4 FWD models and 26 mpg combined for B5 AWD models.
• Tech: The 2023 Volvo XC40 brings the Android-based infotainment system, Google Maps, Google Assistant, Apple CarPlay, and a 12.3-inch digital instrument cluster.
• Safety: The latest model adds adaptive cruise control, Pilot Assist, side parking sensors, and a 360-degree camera system on the Ultimate grade.
• Starting price: Pricing starts at $37,445 for a base XC40 Core with B4 FWD mechanicals.

If you're buying used today, the 2024 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

These recommendations are based on CarGurus' proprietary market data from October 13, 2026, CarGurus experts' opinions, and generative AI.