Used Volvo XC40 Prices — What Moves the Number

Quick answer

OR is the cheapest state at -3% and WA the priciest at +11%.

Volvo XC40 price by model year

FIG.01·Volvo XC40 prices by model year
Year	Typical price	Spread	Listings
2025	$31,478	—	9
2024	$32,578	—	9
2023	$29,995	—	17
2022	$21,995	—	5
2020	$18,200	—	5
2019	$17,900	—	9

ROWS 6·SOURCE Live classified listings

For the 2023 model year, the Volvo XC40 has a median asking price of $29,995; the Toyota RAV4 asks $30,110, the Jeep Wrangler $28,240 and the Subaru Crosstrek $19,046. Only the Toyota RAV4 asks more.

Dealer or private seller

On the Volvo XC40 the dealer markup works out at -3% over a private sale of the same year.

FIG.02·Volvo XC40 — dealer versus private
Seller	Listings	vs median year	Average asked
Dealer	116	+3.2%	$26,354
Private seller	23	+6.0%	$26,341

ROWS 2·SOURCE Live listings, normalized per model year

How fast price falls with mileage

Measured on the 2023 XC40, the model year with the most listings, so age does not mix in. Between the 0–25k and 25–50k bands the asking price falls 4%.

FIG.04·Volvo XC40 — price by mileage
Mileage	Price drop	Listings
0–25k miles	+4%	14
25–50k miles	baseline	18

ROWS 2·SOURCE Live listings, 2023 model year only

Where it's cheaper

States where the Volvo XC40 asks least and most, measured against the national median for each model year. Most expensive is WA at +11%, cheapest OR at -3% — 14 points apart, which on a $25,947 car is roughly $3,607.

FIG.06·Volvo XC40 — cheapest and priciest states
State	Listings	vs national median
OR	18	-2.7%
CA	44	-1.1%
MN	16	+8.0%
WA	44	+11.2%

ROWS 4·SOURCE Live listings, normalized per model year

Upgrade to Pro

Asking prices are the market. What is that car worth?

Exact value for one VIN, adjusted for its mileage
Live listings with prices, not just percentiles
Price-drop alerts on the model you are watching
Full research report as a PDF you can hand to a mechanic
No ads, on every page
No ads, no tracking — and much more

See plans → Start free →

Free plan available — no credit card needed

Everything on the Volvo XC40

Recalls26 campaigns Fuel economy106 mpg best Reliability4.5/5 Common problems14 complaints Check a VINAgainst this exact build DimensionsSize, weight, generations Cargo space25 cu ft What yours is worthValue by year & mileage Insurance costEstimated per year Window stickerOriginal Monroney label Decode a VINWhat each character means About this car2019–2026

Frequently asked questions

How much does a used Volvo XC40 cost?

The median asking price is $25,947 across 155 live listings. A 2019 asks about $17,900 and a 2025 about $31,478. The most listed year is 2023, at $29,995. To price one car by its year and mileage, use the Volvo XC40 valuation tool.

Is a used XC40 cheaper than a Toyota RAV4?

About the same. For the 2023 model year the XC40 has a median asking price of $29,995 and the Toyota RAV4 $30,110.

Is it cheaper to buy a XC40 from a private seller?

Barely. Against the median for the same model year, dealers ask 3.2% above and private sellers 6.0% above.

Where is the cheapest place to buy a XC40?

Of the states with enough listings, OR asks least at -2.7% against the national median, and WA most at +11.2%. On the typical $25,947 XC40 that spread is about $3,607.

Asking prices from live classified listings, normalized against the median for each model year. Slices below a minimum listing count are omitted. Asking prices exceed transaction prices (how we count). Last updated Nov 2026. — ForCar Reviewed by Denis Kataev, founder of ForCar.

Found this useful?

Mark ForCar as a preferred source and our data shows up first in your Google results. One click, no account.

Prefer ForCar →