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Latest Model

2019 Model Redesign Year
The XC40 competes in the entry-level luxury SUV class. Gas-powered models come with standard all-wheel drive and a 247-hp turbo four-cylinder that packs a decent punch. The ride is stiff, and the engine has a coarse growl. Worse, the controls, such as the electronic gear selector and infotainment system, are unintuitive and frustrating to operate. Handling is mundane but secure. The cabin is nicely furnished, and the front seats are very comfortable.
The electric version, called Recharge, has been freshened and renamed EX40 for 2025. It comes in rear- and all-wheel drive with an EPA-estimated electric range of between 260 and 296 miles. Volvo's optional active driving assistance system combines adaptive cruise control and steering assistance. Front-wheel drive gas XC40 versions with 194-hp returned for 2026.
Notable Changes
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2026 Volvo XC40

economy-icon
CR MPG
Road Test Score
Predicted Reliability
Predicted Owner Satisfaction
Base MSRP Range
$39,900 - $51,900
Destination Charge: $1395
Base MSRP Range
$39,900 - $51,900
Destination Charge: $1395

2026 Volvo XC40

economy-icon
CR MPG
Notable Changes
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Road Test Score
Predicted Reliability
Predicted Owner Satisfaction
2026 Volvo XC40
Base MSRP
$39,900 - $51,900
CR MPG
mpg
Road Test Score
/ 100
Predicted Reliability
/ 100
Predicted Owner Satisfaction
/ 100
Notable Changes
Join Consumer Reports to view notable changes for this model year.

2019-Present

2019 Model Redesign Year
The Volvo XC40 joins the growing niche of small luxury SUVs. The T5 trim we tested comes standard with AWD and a 248-hp turbocharged four-cylinder engine that packs a decent punch. Front-wheel-drive T4 versions have a 187-hp turbo engine. Like other Volvos, the ride is stiff, and the engine has a coarse growl. Worse, the controls, such as the electronic gear selector and infotainment system, are unintuitive and frustrating to operate. Handling is mundane but secure.
The cabin is nicely furnished and the front seats are very comfortable. Automatic emergency braking is standard. Other available features include rear cross-traffic alert with braking assist, 360-degree camera, adaptive cruise control and lane-keep assist. Volvo's Pilot Assist system offers a suite of advanced driver assistance features. For 2024, the XC40 is only available with all-wheel-drive and the less powerful B4 engine was dropped. Front-wheel drive gas XC40 versions with 194-hp returned for 2026.
2025 Volvo XC40
Retail Price
$27,325 - $33,275
EPA MPG
26 mpg
Reliability Verdict
/ 100
Owner Satisfaction
/ 100
2024 Volvo XC40
Retail Price
$24,675 - $32,050
EPA MPG
26 mpg
Reliability Verdict
/ 100
Owner Satisfaction
/ 100
2023 Volvo XC40
Retail Price
$20,200 - $26,150
EPA MPG
26 mpg
Reliability Verdict
/ 100
Owner Satisfaction
/ 100
2022 Volvo XC40
Retail Price
$18,425 - $23,475
EPA MPG
25 mpg
Reliability Verdict
/ 100
Owner Satisfaction
/ 100
2021 Volvo XC40
Retail Price
$17,050 - $20,950
EPA MPG
26 mpg
Reliability Verdict
/ 100
Owner Satisfaction
/ 100
2020 Volvo XC40
Retail Price
$15,300 - $17,525
EPA MPG
26 mpg
Reliability Verdict
/ 100
Owner Satisfaction
/ 100
2019 Volvo XC40
Retail Price
$13,550 - $16,300
EPA MPG
26 mpg
Reliability Verdict
/ 100
Owner Satisfaction
/ 100
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