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2023 Volvo XC40

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Make
Volvo
Model
XC40
Year
2023
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CarsDirect Target Price
$35,945
Expert Rating
3.4

Our expert ratings are based on seven comprehensive criteria: quality, safety, comfort, performance, fuel economy, reliability history and value.

You can interpret our ratings in the following way:

: Outstanding vehicle. Only the most exceptional vehicles achieve this rating.

: Very Good vehicle. Very good and close to being the best vehicle in its class.

: Good vehicle. Decent, but not quite the best. Often affordable, but lacking key features found in vehicles of the same class.

: Below average vehicle. Not recommended, and lacking attributes a car buyer would come to expect for the price.

: Poor vehicle. Simply does not deserve to be on the road.

Select a Trim
Select a Trim
2023 B4 Core 4dr Front-Wheel Drive Sport Utility
most popular
Price:   -  From $35,945
2023 B5 Core 4dr All-Wheel Drive Sport Utility Price:   -  From $37,945
2023 B4 Plus Bright Theme 4dr Front-Wheel Drive Sport Utility Price:   -  From $40,345
2023 B4 Plus Dark Theme 4dr Front-Wheel Drive Sport Utility Price:   -  From $40,345
2023 B5 Plus Bright Theme 4dr All-Wheel Drive Sport Utility Price:   -  From $42,345
2023 B5 Plus Dark Theme 4dr All-Wheel Drive Sport Utility Price:   -  From $42,345
2023 B4 Ultimate Bright Theme 4dr Front-Wheel Drive Sport Utility Price:   -  From $44,095
2023 B4 Ultimate Dark Theme 4dr Front-Wheel Drive Sport Utility Price:   -  From $44,095
2023 B5 Ultimate Bright Theme 4dr All-Wheel Drive Sport Utility Price:   -  From $46,095
2023 B5 Ultimate Dark Theme 4dr All-Wheel Drive Sport Utility Price:   -  From $46,095
2023 Recharge Pure Electric Twin Core 4dr All-Wheel Drive Sport Utility Price:   -  From $50,395
2023 Recharge Pure Electric Twin Plus 4dr All-Wheel Drive Sport Utility Price:   -  From $53,095
2023 Recharge Pure Electric Twin Ultimate 4dr All-Wheel Drive Sport Utility Price:   -  From $56,345

Overview

What's New

The 2023 Volvo XC40 gas model adopts the front-end styling, trim levels, and built-in Google apps already used by the all-electric Recharge variant. Recharge interiors are now leather-free. The XC40 arrived in 2018 as an all-new model.

Choosing Your Volvo XC40

The gas XC40 comes in three trim levels: Core, Plus, and Ultimate. Pricing starts at $37,645 including destination and climbs to $45,705 for the Ultimate.

The electric Recharge is available in the same trims, priced from $54,645 to $60,595.

Engine Choices

The XC40 starts out with a turbocharged four-cylinder engine and front-wheel drive. For $2,000 on any trim, buyers can upgrade to a high-output turbo and all-wheel drive. With either setup, the XC40 uses an eight-speed automatic transmission and can tow up to 3,500 pounds. Both engines feature mild hybrid assist.

The Recharge carries a pair of electric motors accompanied by a single-speed transmission and standard AWD. The powertrain offers up to 223 miles of range. Towing capacity dips to 2,000 pounds.

Engine TypeHorsepowerTorqueFuel Economy (Combined)
2.0-Liter Turbo 4-Cylinder194 hp221 lb-ft26 mpg
2.0-Liter Turbo 4-Cylinder247 hp258 lb-ft27 mpg
Dual Electric Motors402 hp486 lb-ft85 MPGe

Passenger and Cargo Capacity

The XC40 is a compact crossover that seats five without complaint. The cargo area measures 20.7 cubic feet and expands to 57.5 cubic feet with the rear seat folded. Unlike many other EVs, the Recharge offers just as much cargo space as its gas counterpart.

Volvo XC40

Safety Features

Every XC40 comes equipped with automatic emergency braking, lane-keeping assist, blind-spot monitoring with rear cross-traffic alert, automatic high beams assist, rear parking sensors, road sign recognition, and automatic wipers.

The Plus adds side and front parking sensors — and can be equipped with a $1,800 Driver Assist Package with adaptive cruise control and surround-view cameras. These features are standard on the Recharge Plus.

The Ultimate receives adaptive cruise control with steering assist.

Connectivity

The XC40's infotainment system includes a 9-inch touchscreen, eight speakers, four USB ports, HD and satellite radio, Google apps (including navigation), and Apple CarPlay and Android Auto compatibility.

A 13-speaker Harman Kardon sound system is exclusive to the Ultimate.

Volvo XC40

2023 Volvo XC40 Core – MSRP From $37,645 (Recharge $54,645)

The Core carries a leatherette interior with heated front seats, a 12-way power driver seat with memory, and aluminum trim. Other equipment includes power-folding side mirrors, aluminum roof rails, and 18-inch alloy wheels (19-inch on Recharge). Genuine leather seats are available on the gas model, along with driftwood trim and an Orrefors crystal shift knob for $1,100.

The $800 Convenience Package adds a power passenger seat, a universal home remote, an auto-dimming rearview mirror, and a hands-free liftgate. This is bundle is standard on the Recharge. The Climate Package ($550) furnishes heated rear seats and a heated steering wheel. The package costs $1,100 on the Recharge because it includes headlight washers and a range-preserving heat pump.

2023 Volvo XC40 Plus – MSPR From $42,045 (Recharge $57,345)

The Plus picks up a panoramic sunroof, fog lights, and aluminum window surrounds. The gas model also gains the Convenience Package and the upgraded leather interior as standard. The Recharge Plus comes with sueded cloth seats. The Driver Assist Package is standard on the Recharge but remains optional on gas versions.

2023 Volvo XC40 Ultimate – MSPR From $45,705 (Recharge $60,595)

The Ultimate wears unique trim throughout such as 3D aluminum interior appliques, a sculpted gear shift, gloss black exterior trim, and unique 19-inch wheels (20-inch for Recharge). The option packages offered on the other trims are standard on Ultimate.

Compare XC40 Trims Side-By-Side

CarsDirect Tip

The 2023 Volvo XC40 with either gas engine will certainly win buyers with its friendly pricing. The Recharge seems expensive by comparison, but it makes sense for those who want superior performance in addition to gas-free travel.

author image
Automotive Editor
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Prices & Deals

Expert Review

Pros
  • Wide powertrain lineup
  • Stylish interior, exterior design
  • Great safety ratings
  • Practical and comfortable interior
Cons
  • Recharge model’s range
  • Limited availability of AWD
  • Relatively small cargo area
Expert Rating
3.4

Our expert ratings are based on seven comprehensive criteria: quality, safety, comfort, performance, fuel economy, reliability history and value.

You can interpret our ratings in the following way:

: Outstanding vehicle. Only the most exceptional vehicles achieve this rating.

: Very Good vehicle. Very good and close to being the best vehicle in its class.

: Good vehicle. Decent, but not quite the best. Often affordable, but lacking key features found in vehicles of the same class.

: Below average vehicle. Not recommended, and lacking attributes a car buyer would come to expect for the price.

: Poor vehicle. Simply does not deserve to be on the road.

author image
Automotive Editor

Updated Lineup and Engines. The 2023 Volvo XC40 rolls into the new model year with a refresh. Volvo’s updated the subcompact SUV’s exterior design, lineup, and engines. The changes help the XC40 retain its spot near the top of the segment for the subcompact class.

The XC40 adopts Volvo’s new Core, Plus, and Ultimate naming structure for its trims. It’s a small change, but it keeps things simple when cross-shopping the XC40 with other Volvos. Additionally, the XC40’s powertrain lineup goes from T4 and T5 to the B4 and B5. Both the B4 and B5 consist of a turbo 2.0-liter four-cylinder engine with a mild-hybrid 48-volt system that’s new for 2023. The B4 is rated at 194 horsepower and 221 pound-feet of torque, while the B5 produces 247 hp and 258 lb-ft of torque. The new mild-hybrid system helps the engine deliver its full output more efficiently, though fuel economy only gets an incremental boost.

We suspect that most consumers will upgrade to the B5 powertrain. Not because it brings more power, but because it comes with standard all-wheel drive (AWD), while the B4 is front-wheel drive (FWD) only. Not offering AWD with the B4 powertrain seems like an oversight on Volvo’s part.

Of course, consumers seeking improved fuel economy should check out the XC40 Recharge. The electric SUV features two electric motors, AWD, and a 75-kWh battery pack. Output is rated at 402 hp and the electric motors result in quick acceleration. Range isn’t great for the class, as the XC40 Recharge can travel up to 223 miles per charge.

Sleek Scandinavian Design. Regardless of whether you choose a gas-powered or all-electric XC40, the subcompact SUV features a youthful exterior design with some distinctive elements. For 2023, the XC40 lineup, which includes the all-electric Recharge models, gets a slightly updated look that mostly changes the way the front end of the SUV looks.

The XC40’s front end gets tweaked headlights that get more prominent LED daytime running lights and a smoother overall design. Instead of a grille with horizontal and vertical lines that intersect for a weave pattern, the 2023 XC40 gets a new grille with vertical slats for a more upscale look. New wheel designs and three new exterior colors round out the changes on the outside.

Just like its gas-powered counterparts, the XC40 Recharge arrives with similar exterior updates for 2023. The Recharge model’s electric powertrain brings a closed-off grille and a charging port at the back of the SUV.

The changes don’t do a lot to alter the XC40’s design, but then again, the subcompact SUV was already one of the better-looking models in the class. The SUV’s boxy silhouette, L-shaped taillights, sharp body lines, and rugged body cladding help it look similar to Volvo’s larger and pricier SUVs.

Volvo XC40

More Advanced Infotainment System. The all-electric XC40 Recharge arrived in 2021 without Volvo’s Sensus Connect infotainment system. Instead, the electric SUV received a new infotainment system with software that was developed with Google’s Android Automotive. Having Google’s operating system integrated into the infotainment system brings things like Google Maps, Google Assistant, and Google Play. For 2023, the gas-powered XC40 models adopt the Recharge’s infotainment system with Google built-in capability, leaving Volvo’s Sensus Connect system behind for good.

The XC40 lineup continues to come with a nine-inch touchscreen, a 12.3-inch digital instrument cluster, Apple CarPlay, Android Auto, Bluetooth, eight audio, speakers, and multiple USB ports. The infotainment system is a mixed bag. The screen is nice and bright and responds well to inputs, most of the time, but the on-screen icons are small, which makes them hard to use. The central touchscreen doesn’t have many physical controls, causing drivers to rely on the touchscreen for everything.

Roomy Where It Counts. The XC40’s cabin blends style and function to be a usable interior that also looks great. Thanks to the SUV’s boxy design, the subcompact offers an impressive amount of passenger space and feels airy. Despite being a subcompact SUV, the XC40 has two roomy rows of roomy seating with plenty of headroom and legroom. The rear seats have 36.1 inches of rear legroom and 39.1 inches of rear headroom, which should be enough for most adults. The problem is when you have to squeeze three adults side by side in the back.

There’s plenty of cargo room in the XC40, though some of its rivals are more spacious when it comes to cargo capacity. The SUV offers up to 20.7 cubic feet of cargo space behind the rear seats and a total of 57.5 cubic feet of cargo space with the rear seats folded. The XC40 Recharge is slightly more spacious with an extra cubic foot of cargo space behind the rear seats.

While the XC40 doesn’t have the same enormous cargo area as some options, it has a few innovative storage innovations, like a cargo cover that can be stored onboard, integrated hooks in the cargo floor, a hook on the glovebox, extra-large door pockets, storage bins under the front seats, and a removable garbage bin.

Final Thoughts. Volvo didn’t need to update the XC40, as the subcompact was already one of the better choices in the segment. But the refreshed design, updated mild-hybrid engines, and new Google-based infotainment system further help the XC40 stand out in the segment. The XC40 may not feel as luxurious as Volvo’s larger SUVs and its infotainment system can be difficult to use, but it brings a lot of the same strengths as the brand’s pricier SUVs with its own feel. Plus, the XC40 Recharge is one of the few all-electric subcompact SUVs on sale.

In comparison, the redesigned BMW X1 is larger than before, has a refined ride, comes standard with AWD, features high-tech features, and comes with a 241 hp engine. The Mercedes-Benz GLA has upscale styling, a premium cabin, enjoyable handling, high-performance AMG models, and high-tech features.

Check prices for the 2023 Volvo XC40 »

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Specs & Features

Highlights
Overall Crash Safety Rating
Not Available
Engine - Cylinders/Horsepower/Torque
2.0L I-4 / 194 HP / 221 ft.lbs.
Transmission
Geartronic 8-spd Geartronic w/OD
Drive Type
Front-wheel
Fuel Economy - City/Highway/Combined
24 / 32 / 28 Mpg
Passenger Capacity
5
Bumper to Bumper Warranty
48 Months / 50,000 Miles
Mechanical Specs
Engine - Cylinders/Horsepower/Torque
2.0L I-4 / 194 HP / 221 ft.lbs.
Drive Type
Front-wheel
Fuel Economy - City/Hwy/Combined
24 / 32 / 28 Mpg
Brakes
4-wheel Disc
Front Suspension
Strut
Rear Suspension
Independent Multi-link
Spare Tire And Wheel
Compact Steel
Fuel Tank
14.2 Gal.
Recommended Fuel Type
Regular Unleaded
Average Cost To Fill Tank
$54
Dimensions & Capabilities
Maximum Cargo Volume
57.5 Cu.ft.
Passenger Volume
Exterior Length
174.8 "
Exterior Width
75.2 "
Exterior Height
65.2 "
Front Headroom
37.6 "
Rear Headroom
38.3 "
Front Legroom
40.9 "
Rear Legroom
36.1 "
Front Shoulder Room
56.7 "
Rear Shoulder Room
56.3 "
Front Hip Room
Rear Hip Room
Curb Weight
3,726 Lbs.
Wheel Base
106 "
Turning Radius
18.7 '
Exterior Features
Door Count
4 Doors
Wheels
18.0 " Machined W/painted Accents Aluminum / 21.0 " Machined W/painted Accents Aluminum
Paint
Clearcoat Monotone / Metallic Monotone
Exterior Mirrors
Dual Power Remote W/tilt Down, Heated Passenger
Bumpers
Front Body-colored With Metal-look Insert
Grille Moldings
Black W/chrome Surround
Rear Spoiler
Lip
Exhaust
Stainless Steel
Interior Features
Seating
Passenger Capacity
5
Seat Trim
Cloth / Leather
Front Seat Type
Bucket
Heated Front Seats
Driver And Front Passenger Heated-cushion, Heated-seatback
Front Driver Seat Direction Controls
(8-way Power)
Front Passenger Seat Direction Controls
4-way / (4-way Power)
Front Armrests
(8-way Power)
Rear Armrests
Center With Pass-thru
Rear Seats
60-40 Bench
Radio & Infotainment
Radio
Sensus Connect Siriusxm Am/fm/satellite, Seek-scan
Speakers
8
Radio Steering Wheel Controls
Apple Car Play
Android Auto
Bluetooth w/ Hands-Free Connectivity
Convenience Features
Steering Wheel Type
Telescopic Tilt
Climate Control
Automatic Air Conditioning
Cruise Control
With Steering Wheel Controls
Sun Roof
Rearview Mirror
Auto-dimming Day-night
One Touch Open Window
Front And Rear
Tinted Windows
Deep
Vanity Mirrors
Dual Illuminated
Remote Keyless Entry
Keyfob (all Doors)
Power Outlets
1
Safety Features
Overall Crash Safety Rating
Not Yet Available
Overall Front Crash Safety Rating
Not Yet Available
Overall Side Crash Safety Rating
Not Yet Available
Rollover Crash Safety Rating
Not Yet Available
Front Impact Airbags
Driver And Passenger
Driver Side Impact Airbags
Sips Seat Mounted
Knee Airbag
Driver
Passenger Side Impact Airbag
Sips Seat Mounted
Rear Side Airbag
Seatbelt Pretensioners
Front
Anti-Lock Brakes
4-wheel Anti-lock Brakes (abs)
Forward Collision Warning
Collision Mitigation Support Forward Collision Mitigation
Blind Spot Sensor
Blis W/steer Assist Blind Spot
Lane Departure Warning
Lane Keeping Aid/run-off Road Mitigation Lane Departure
Autonomous Cruise Control
Pedestrian Detection
Front Pedestrian Detection Prevention
Driver Attention Alert
Driver Alert Control Driver Attention
Daytime Running Lights
Auto High Beams
Auto Highbeam (ahb) Auto High-beam
Adaptive Headlights
Parking Sensors
Rear Park Assist Rear
Security Systems
Security System
Panic Alarm
Ignition Disable
Immobilizer
Warranty
Bumper To Bumper Months Miles
48 Months / 50,000 Miles
Major Components Months
48 Months / 50,000 Miles
Included Maintenance Months
36 Months / 36,000 Miles
Roadside Assistance Months
48 Months / Unlimited Miles
Corrosion Perforation
144 Months / Unlimited Miles
Accessories Months
48 Months / 50,000 Miles

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