Volvo XC40 vs Hyundai Venue

2023 Volvo XC40
2023 Volvo XC40
$36,350MSRP
Overview
Overview
OverviewShop Now
2024 Hyundai Venue
2024 Hyundai Venue
$19,900MSRP
Overview
Overview
OverviewShop Now
2023 Volvo XC40
$36,350MSRP
Overview
Overview
OverviewShop Now
2024 Hyundai Venue
$19,900MSRP
Overview
Overview
OverviewShop Now

Overview

MSRP

$36,350

MSRP

$19,900

Listings

179

Listings

139

Ratings & Reviews

User Reviews
User Reviews

Expert reviews

7.5 out of 10

Expert reviews

7.2 out of 10

Pros

  • Stylish design

  • Multiple powertrain options

  • Comfortable

Cons

  • Not much cargo space

  • Recharge model is expensive

Pros

  • Stylish design

  • Impressive technology

  • Excellent value for money

Cons

  • Sluggish performance

  • Cramped back seat

  • Not much cargo space

Reviews Summary

In Volvo speak, “40” denotes an entry-level model. While the Swedish automaker no longer rosters the S40 sedan or V40 wagon in the United States, the XC40 subcompact crossover remains to compete with the likes of the Audi Q3, BMW X1, Lexus UX, and Mercedes-Benz GLA-Class for aspiring luxury-car owners’ dollars.

The XC40 was unveiled in 2017, arriving in the U.S. as a 2019 model, and hasn’t undergone a redesign since. An all-electric Volvo XC40 Recharge variant joined the lineup as a 2021 model. Volvo’s other current EV, the C40 Recharge, is also broadly similar to the XC40 models, but with a coupe-like body style.

For 2023, Volvo gave the XC40 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.

The mild-hybrid lineup includes base Core, mid-level Plus, and top Ultimate trim levels, with B4 front-wheel drive (FWD) and B5 all-wheel drive (AWD) drivetrains. This Volvo XC40 review is based on the Ultimate trim in B5 AWD spec.

Reviews Summary

A small multi-purpose vehicle that Hyundai sells as a crossover SUV, the 2024 Venue has a base price of $21,275, including the destination charge. Three versions are available, each equipped with a 121-horsepower four-cylinder engine and front-wheel drive. It holds four adults (five if you squeeze) and can carry up to 31.9 cubic feet of cargo. Wireless Apple CarPlay and Android Auto are standard, and the Venue includes important safety features. You can expect 31 mpg in combined driving.

Verdict: One of the best things about the Venue is the value it provides. You get a long warranty with roadside assistance, complimentary scheduled maintenance for three years or 36,000 miles, and with the top trim level, lifetime access to connected services. Affordable to buy and own, the 2024 Hyundai Venue is a budget-friendly choice.

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Popular Features & Specs

Engine

2.0L 194 hp I4

Engine

1.6L 121 hp I4

Drivetrain

FWD

Drivetrain

FWD

Seating Capacity

5

Seating Capacity

5

Horsepower

194 hp @ 4800 rpm

Horsepower

121 hp @ 6300 rpm

MPG City

24

MPG City

29

MPG Highway

32

MPG Highway

33
2023 Volvo XC40
2023 Volvo XC40
$36,350MSRP
Overview
Overview
OverviewShop Now
2024 Hyundai Venue
2024 Hyundai Venue
$19,900MSRP
Overview
Overview
OverviewShop Now
2023 Volvo XC40
$36,350MSRP
Overview
Overview
OverviewShop Now
2024 Hyundai Venue
$19,900MSRP
Overview
Overview
OverviewShop Now

Overview

MSRP
$36,350
$19,900
Listings

Ratings & Reviews

User reviews

4.6

4.6

Expert reviews

7.5 out of 10

Read full review

7.2 out of 10

Read full review
Pros & cons

Pros

  • Stylish design

  • Multiple powertrain options

  • Comfortable

Cons

  • Not much cargo space

  • Recharge model is expensive

Pros

  • Stylish design

  • Impressive technology

  • Excellent value for money

Cons

  • Sluggish performance

  • Cramped back seat

  • Not much cargo space

Summary

In Volvo speak, “40” denotes an entry-level model. While the Swedish automaker no longer rosters the S40 sedan or V40 wagon in the United States, the XC40 subcompact crossover remains to compete with the likes of the Audi Q3, BMW X1, Lexus UX, and Mercedes-Benz GLA-Class for aspiring luxury-car owners’ dollars.

The XC40 was unveiled in 2017, arriving in the U.S. as a 2019 model, and hasn’t undergone a redesign since. An all-electric Volvo XC40 Recharge variant joined the lineup as a 2021 model. Volvo’s other current EV, the C40 Recharge, is also broadly similar to the XC40 models, but with a coupe-like body style.

For 2023, Volvo gave the XC40 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.

The mild-hybrid lineup includes base Core, mid-level Plus, and top Ultimate trim levels, with B4 front-wheel drive (FWD) and B5 all-wheel drive (AWD) drivetrains. This Volvo XC40 review is based on the Ultimate trim in B5 AWD spec.

A small multi-purpose vehicle that Hyundai sells as a crossover SUV, the 2024 Venue has a base price of $21,275, including the destination charge. Three versions are available, each equipped with a 121-horsepower four-cylinder engine and front-wheel drive. It holds four adults (five if you squeeze) and can carry up to 31.9 cubic feet of cargo. Wireless Apple CarPlay and Android Auto are standard, and the Venue includes important safety features. You can expect 31 mpg in combined driving.

Verdict: One of the best things about the Venue is the value it provides. You get a long warranty with roadside assistance, complimentary scheduled maintenance for three years or 36,000 miles, and with the top trim level, lifetime access to connected services. Affordable to buy and own, the 2024 Hyundai Venue is a budget-friendly choice.

Video
No video found
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Popular Features & Specs

Engine
2.0L 194 hp I4
1.6L 121 hp I4
Drivetrain
FWD
FWD
Seating Capacity
5
5
Horsepower
194 hp @ 4800 rpm
121 hp @ 6300 rpm
MPG City
24
29
MPG Highway
32
33
Look and feel

2023 Volvo XC40

9/10

2024 Hyundai Venue

8/10

The 2023 Volvo XC40 maintained its distinctive appearance, blending Volvo’s design language with a flat-roofed, SUV-like profile. Its clean exterior was free from unnecessary detailing, aligning with Volvo’s pro-electrification ethos by hiding tailpipes on gasoline models. Updates for 2023 included a pixelated design for the “Thor’s Hammer” headlights, a more angular front bumper, and new wheel designs. The XC40 shared its Compact Modular Architecture (CMA) platform with the Volvo C40 Recharge and Polestar 2, making it the only CMA-based model in the U.S. available with a combustion engine. Inside, the XC40 featured a minimalist design with thin air vents, scalloped door elements, and dual-zone automatic climate control. Leather upholstery was available, with vegan leather for Recharge models. The XC40 Ultimate test vehicle included options like a panoramic moonroof and an Orrefors crystal shift knob, though the all-black interior felt somewhat utilitarian.

The 2024 Hyundai Venue, available in SE, SEL, and Limited trims, offered a stylish design with a sense of genuine style, despite its affordability. Our test vehicle, in Limited trim with Ecotronic Gray paint, had a subdued appearance. Inside, the Venue featured hard plastics but avoided looking cheap, with stylish seat stripes and piping, and white trim around the dashboard air vents and transmission shifter. The digital instrumentation and 8-inch touchscreen infotainment display were well-sized for the Venue. Controls exhibited typical Hyundai quality, and the Venue was thoughtfully designed with stylish details and high-quality finishes.

Picture of 2023 Volvo XC40
Performance

2023 Volvo XC40

8/10

2024 Hyundai Venue

5/10

The 2023 Volvo XC40 introduced mild-hybrid powertrains, adding a 48-volt electrical system and a 13-horsepower integrated starter generator to assist the gasoline engine. The base B4 powertrain combined this system with a 2.0-liter turbocharged four-cylinder engine, producing 197 hp and 221 lb-ft of torque. The B5 model offered a more powerful 2.0-liter turbo-four with 247 hp and 258 lb-ft of torque. Both powertrains featured an eight-speed automatic transmission, with the B4 being FWD-only and the B5 AWD-only. The B4 and B5 models accelerated from zero to 60 mph in 8.1 and 6.1 seconds, respectively. The XC40 Recharge, with its two electric motors, produced 402 hp and 486 lb-ft of torque, achieving zero to 60 mph in 4.7 seconds and an EPA-rated 223-mile range. The Recharge also had a higher towing capacity of 4,409 pounds compared to the B5 AWD model’s 3,500 pounds.

The 2024 Hyundai Venue was equipped with a 1.6-liter four-cylinder engine producing 121 horsepower and 113 lb-ft of torque. Weighing 2,612 pounds in base SE trim, the Venue’s CVT maximized available power for city and suburban driving. The Venue excelled in urban environments with its small size, nimble handling, and excellent visibility. However, its suspension struggled on rough pavement, resulting in a busy ride quality. On highways, the Venue maintained pace with traffic but sounded buzzy under hard acceleration. The Venue lacked AWD, with power directed to the front wheels, but offered 6.7 inches of ground clearance. It achieved an EPA gas mileage rating of 31 mpg in combined driving, averaging 30.3 mpg during testing.

Form and function

2023 Volvo XC40

7/10

2024 Hyundai Venue

6/10

The 2023 Volvo XC40, while marketed as an SUV, was better suited for solo commuting than carpooling. It offered reasonable space among its competitors, with ample rear-seat headroom and average legroom. The XC40 provided 20 cubic feet of cargo space with rear seats in place and 46.9 cubic feet with them folded. Interior storage was well-designed, with scalloped door panels and a spacious center console storage bin.

The 2024 Hyundai Venue’s increased ground clearance made entry and exit easier. Despite its small size, comfort was decent, with manual height adjustment for the driver’s seat and tilt-and-telescopic steering wheel adjustment. The back seat technically accommodated three people, but two would be more comfortable. Taller passengers might find the hard plastic front seatbacks uncomfortable. The Venue offered 18.7 cubic feet of cargo space with the rear seats up and 31.9 cubic feet with them folded.

Technology

2023 Volvo XC40

8/10

2024 Hyundai Venue

7/10

The 2023 Volvo XC40 featured an Android-based infotainment system with Google apps, including Google Maps and Google Assistant. A 12.3-inch digital instrument cluster and 9-inch touchscreen were standard, with a 13-speaker Harman Kardon audio system available. The system lacked analog controls, relying on the touchscreen for most functions.

The 2024 Hyundai Venue had an 8-inch touchscreen infotainment display with modern graphics and logical menus. Standard features included Bluetooth connectivity, wireless Apple CarPlay, and Android Auto. The Venue Limited added a navigation system, SiriusXM satellite radio, and a wireless smartphone charger. However, the Limited trim required wired connections for Apple CarPlay and Android Auto, reducing the wireless charger’s usefulness.

Safety

2023 Volvo XC40

8/10

2024 Hyundai Venue

7/10

The 2023 Volvo XC40 included standard safety features like lane keep assist, automatic emergency braking, and blind spot monitoring. Upgrading to higher trims added features like a 360-degree camera system and adaptive cruise control. The XC40 received top safety ratings from the IIHS and NHTSA, though it had an “Acceptable” rating in the updated side-impact test.

The 2024 Hyundai Venue came with Hyundai SmartSense, offering forward-collision warning, lane-departure warning, and a driver monitoring system. The Venue SEL added blind-spot monitoring, while the Limited trim included cyclist detection. The Venue received Good ratings in IIHS crash tests and an overall four-star rating from the NHTSA.

Cost Effectiveness

2023 Volvo XC40

5/10

2024 Hyundai Venue

10/10
N/A

CarGurus highlights

Winning Vehicle Image

According to CarGurus experts, the overall rating for the 2023 Volvo XC40 is 7.5 out of 10, while the 2024 Hyundai Venue scores 7.2 out of 10. Based on these ratings, the 2023 Volvo XC40 is the recommended choice for those seeking a refined and safe vehicle with a touch of luxury.

Choose the 2023 Volvo XC40 if:

7.5of 10overall
  • You prioritize a high level of refinement and a smooth driving experience.
  • You want a vehicle with advanced safety features and top safety ratings.
  • You prefer a luxury brand with a minimalist design aesthetic.
179 results
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Choose the 2024 Hyundai Venue if:

7.2of 10overall
  • You need a budget-friendly vehicle with a stylish design and modern technology.
  • You value nimble handling and excellent visibility for city driving.
  • You want a small SUV with decent ground clearance for light snow conditions.
139 results
See all

CarGurus highlights

Winning Vehicle Image

According to CarGurus experts, the overall rating for the 2023 Volvo XC40 is 7.5 out of 10, while the 2024 Hyundai Venue scores 7.2 out of 10. Based on these ratings, the 2023 Volvo XC40 is the recommended choice for those seeking a refined and safe vehicle with a touch of luxury.

Choose the 2023 Volvo XC40 if:

Shop Now
7.5of 10overall
  • You prioritize a high level of refinement and a smooth driving experience.
  • You want a vehicle with advanced safety features and top safety ratings.
  • You prefer a luxury brand with a minimalist design aesthetic.
179 results

Choose the 2024 Hyundai Venue if:

Shop Now
7.2of 10overall
  • You need a budget-friendly vehicle with a stylish design and modern technology.
  • You value nimble handling and excellent visibility for city driving.
  • You want a small SUV with decent ground clearance for light snow conditions.
139 results

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By: CarGurus + AI

At CarGurus, our team of experienced automotive writers remain at the heart of our content operation, conducting hands-on car tests and writing insightful guides that are backed by years of industry experience. To complement this, we are harnessing AI to make our content offering more diverse and more helpful to shoppers than ever. To achieve this, our AI systems are based exclusively on CarGurus content, ratings and data, so that what we produce is both unique to CarGurus, and uniquely helpful to car shoppers.

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