A 2026 Volvo XC40 averages $38,500 today, with most selling between $37,900 and $38,995. ForCar prices the Volvo XC40 from real US listings across 8 model years ($16,888–$38,500) — trade-in, private-party and dealer, adjusted for mileage. Free, no signup.
A 2021 Volvo XC40 still asks 57% of what a 2026 one does — that's how much value it holds after 5 years. Among 71 suvs we price, that ranks #18, above the 48% class median. The steepest single-year drop comes at year 4 (−30.2%), after which losses ease to about 8% a year. Mileage costs it 50%: the same car reads 100k–150k instead of Under 40k miles. Calculated from 52 listings.
Volvo XC40 value by year
What a Volvo XC40 is worth at each model year, from real US listings — the low (trade-in), median (private-party) and high (dealer) price.
| Year | Trade-in | Median | Dealer | Listings |
|---|---|---|---|---|
| 2026 | $37,900 | $38,995 | 3 | |
| 2025 | $24,995 | $31,478 | 3 | |
| 2024 | $25,848 | $42,688 | 5 | |
| 2023 | $24,630 | $33,998 | 16 | |
| 2022 | $16,500 | $21,995 | 4 | |
| 2021 | $21,338 | $23,963 | 4 | |
| 2020 | $17,300 | $24,891 | 6 | |
| 2019 | $15,811 | $25,947 | 11 |
How the Volvo XC40 depreciates
Median market price by model year — how a Volvo XC40 loses (or holds) value as it ages, from real listings. See how it tracks against the typical depreciation curve by age:
The newest Volvo XC40 averages $38,500; a 7-year-older one runs about $16,888 — roughly 56% lost over 7 years. The steepest drop is usually in the first few years.
Does the Volvo XC40 hold value better than its rivals?
Every suv we price, ranked by how much of its 2026 price a 2021 car still asks. Higher is better — the Volvo XC40 sits at #18 of 71, against a class median of 48%.
The Volvo XC40 market right now
What the market asks for a Volvo XC40 at each model year — the median of 113 real listings we track. Pro plots every individual listing on this chart.
Adjust your Volvo XC40 value for mileage
Pick a model year and enter your odometer — see what your exact Volvo XC40 is worth on today's market.
And here's what the market actually asks at each odometer band — crossing 100k costs a Volvo XC40 about 50% of its under-40k price:
Trade-in, private-party & dealer price
Every Volvo XC40 has three prices. Our low–median–high range maps to what a dealer pays you, what you'd get selling it yourself, and what a lot charges — compare with current used-market prices across all models.
For a 2026 Volvo XC40: a dealer trade-in offer is around $37,900, selling private-party nets about $38,500, and a lot asks near $38,995 — a $1,095 spread on the same car.
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Get an exact Volvo XC40 value by VIN
Trim, engine and options move the value. Decode your Volvo XC40's VIN free to pin the exact build, then check its market value.
More on the Volvo XC40
Volvo XC40 value FAQ
How much is a Volvo XC40 worth?
A 2026 Volvo XC40 averages $38,500 today (roughly $37,900–$38,995). Value depends on the year and mileage — see the table above for every model year, or add your mileage for an exact number.
Does mileage change the Volvo XC40 value?
Yes — higher mileage lowers value. Enter your odometer reading in the mileage tool above to adjust the estimate from the model-year average.
Is the Volvo XC40 value free?
Yes, every estimate is free with no signup, from real US market listings.
How is this calculated?
ForCar aggregates real asking prices for the Volvo XC40 from current US listings into the low (10th percentile), median and high (90th percentile) price per model year.
Which Volvo XC40 year is the best value?
See the value-by-year table and depreciation above — older years cost less but the newest years hold value best. The sweet spot is usually a few years old, where the steepest depreciation has already happened.
Is this a free Volvo XC40 Blue Book alternative?
Yes. ForCar is a free, no-signup alternative to Kelley Blue Book and NADA — instead of a private formula, you see what Volvo XC40s are actually listed for right now, by year and mileage.