Volvo
XC40
Year
Go
2023 volvo xc40
MSRP
$37,445
CarsDirect Target Price
$36,945
Lease EstimateSee Lease Deals
$603/mo
Finance Estimate
$519/mo
Est Monthly Loan

The monthly payment is based on the price of this vehicle assuming it is financed. If you choose to lease, you can also use the payment calculator to determine your lease terms. Default values for financing include: Term of months, APR of , and Sales Tax of . Default values for leasing include: Term of months, Money Factor of , Residual Value of , and Sales Tax of .

2023 Volvo XC40
Lease
$603 / month
Finance
$519 / month
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.00317 for 36 month lease
Incentives
Incentives that help lower the selling price of a vehicle.
Down Payment
Trade-In Value
Money Factor
Represents the interest charged on a lease. May require top-tier credit to qualify for the best rates.
Interest Rate
Sales Tax
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2023 Volvo XC40 Prices and Deals

John Diether
Automotive Editor - November 7, 2022
  • 2023 XC40 stocked to meet demand
  • Lease: From $569/mo
  • Rebates: Up to $2,250 off
  • Finance: See dealers for APR options

2023 XC40 stocked to meet demand

The carryover 2023 XC40 in stock at dealers across the country. The XC40 is popular with shoppers, so no model stays in stock very long. Dealer discounting is minimal, but factory incentives are available.

The Recharge EV version of the XC40 provides up to 223 miles of range. Recharge buyers can get a $750 Clean Fuel Reward and a $2,000 Clean Vehicle Rebate from the state.

Note that selection may be limited in some areas due to ongoing supply shortages.

Current factory offers vary by region and will expire November 30, 2022. Examples shown here are for California and other western states. We don't expect to see any Volvo XC40 Black Friday deals this year. This page is updated monthly, so check back for the latest on pricing and incentives.

Volvo XC40 Lease Deals

Lease from $569/month

For the second month, the 2023 XC40 in base Core trim starts at $569 for 36 months (10,000 miles a year) with $4,069 due at signing.

The effective monthly cost works out to $682, which is quite expensive for this price class in our analysis. But keep in mind the XC40 has never been a reliably good lease value. The larger XC60 is sometimes cheaper to lease.

The current offer on the 2023 XC40 Recharge Core is $815 a month with $4,319 due at signing. The effective monthly cost is $939, which is only slightly better in terms of value, even considering the Recharge's substantially higher MSRP.

Here's some consolation: Current Volvo customers are eligible for a $500 loyalty bonus toward a lease on any 2023 XC40. There's also a $1,250 lease bonus for current Costco members through January 3, 2023.

Volvo XC40 Rebate Deals

Up to $2,250 off

Volvo has yet to offer a rebate on the 2023 XC40 for all buyers. However, current Volvo customers are eligible for a $1,000 loyalty bonus this month.

In addition, Costco members are eligible for a $1,250 bonus on the 2023 XC40 through January 3, 2023.

We expect cash offers to improve somewhat over the course of the model year.

Volvo XC40 Finance Deals

No special offers

Volvo isn't offering promotional financing on the 2023 XC40, or any other model currently. We expect discounted rates to return by early next year. For now, you can probably find competitive rates at the dealer level.

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Advertised Lease Deals

2023 Volvo XC40 B4 Core Lease Deal
$569Monthly Payment
Term Length (months): 36
Due at signing: $4,069
Mileage: 10k
MSRP: $37,445
Deal Valid in: CA, AZ, NV, HI
Expiration: 11/30/22
2023 Volvo XC40 Recharge Twin Core AWD EV Lease Deal
$819Monthly Payment
Term Length (months): 36
Due at signing: $4,319
Mileage: 10k
MSRP: $54,645
Deal Valid in: CA, AZ, NV, HI
Expiration: 11/30/22

This ranks as an excellent deal based on our expert analysis of: vehicle price, length of lease term, amount due at signing, monthly payment, etc.

CarsDirect Target Price

Prices vary by style

CarsDirectPricing as of 11/29/22 in 20149
MSRP
$37,445
Sales Price
$37,445
Cash Rebates
$500
Target Price
$36,945
Lease Estimate
$603/mo
Finance Estimate
$519/mo

Cash Incentives

Incentive available to most customers and purchasing situations.
RebateAmount
Bonus Cash Purchase Bonus Cash (Expires 11/30/22) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Lease purchases are excluded from this incentive $500
Loyalty Bonus Cash SR Loyalty Bonus - Purchase (Expires 11/30/22) For current owners of the same make. May not be compatible with certain other incentive types such as Conquest programs. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Individuals or members of the same household who currently owns/leases any model year Volvo or Saab vehicle OR has owned/leased either within the last 6 months. $1,000

Financing Incentives

RebateAmount
Loyalty Bonus Cash SR Loyalty Bonus - Purchase (Expires 11/30/22) For current owners of the same make. May not be compatible with certain other incentive types such as Conquest programs. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Individuals or members of the same household who currently owns/leases any model year Volvo or Saab vehicle OR has owned/leased either within the last 6 months. $1,000

Leasing Incentives

RebateAmount
Lease Bonus Cash VCFS Lease Bonus Cash (Expires 11/30/22) Bonus cash available for qualified customers leasing a vehicle through the manufacturer's captive finance company on approved credit. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Must be leased through Volvo Car Financial Services. $500
Lease Loyalty Bonus Cash SR Loyalty Bonus - Lease (Expires 11/30/22) Lease loyalty bonus cash available for current lessees of the same make. Please check with your CarsDirect Trusted Dealer for complete details.%Qualification% Individuals or members of the same household who currently owns/leases any model year Volvo or Saab vehicle OR has owned/leased either within the last 6 months. $1,000

Hurry! Offer expires

Leases For Similar Cars

Based on 2023 Volvo XC40 B4 Core 4dr Front-Wheel Drive Sport Utility - MSRP $37,445

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