2023 Volvo XC40 2.0 B4 MHEV Ultimate

Price: £28,995. Fair price: £1,371 (4%) over the AskCar estimate of £27,624, our expected asking price for this car from its model, age, mileage and specification, drawing on 5,104 priced Volvo XC40 adverts on AskCar as of 4 November 2026.

AskCar lists 5,140 used Volvo XC40 from 1,238 UK dealerships, as of 4 November 2026.

Overview

  • Make: Volvo
  • Model: XC40
  • Trim: Ultimate
  • Version: 2.0 B4 Mhev Ultimate DCT FWD Euro 6 (s/s) 5dr (194 bhp)
  • Year: 2023
  • Mileage: 18,000 miles
  • Fuel: Petrol, mild hybrid
  • Body: SUV, 5 doors, 5 seats
  • Engine: 2.0 litres, 194 bhp
  • Gearbox: Automatic (DCT)
  • Drive: Front-wheel drive
  • Colour: Black
  • CO2: 152 g/km
  • Emissions standard: Euro 6, ULEZ compliant

About this car

At 18,000 miles, this 2023 Volvo XC40 Ultimate has covered about 8,700 fewer miles than other 2023 Volvo XC40 cars. The dealer is asking £28,995, which is £1,371 above the AskCar estimate of £27,624. To work out the AskCar estimate, we analyse UK dealer adverts for 5,104 Volvo XC40 cars across different ages and specifications. We first recorded this advert 71 days ago, and its asking price has since fallen by £955. The seller is Risegreen Motor Company, based in Kingswood. How to contact the dealer and its opening hours are on this AskCar page.

Stock data as of 4 November 2026.

How we estimate prices and check cars

Price

Fair price: £1,371 (4%) over the AskCar estimate of £27,624.

The AskCar estimate is our expected asking price for this car. It uses UK dealer asking prices, accounting for make, model, trim, version, age, mileage, fuel, gearbox, body type, driven wheels, engine size and power. It is an advertised price, not a confirmed sale price.

It draws on 5,104 priced Volvo XC40 adverts across different ages and specifications, as of 4 November 2026.

A 2023 Volvo XC40 with the 2.0 petrol engine is typically advertised at £25,200: the median of the 588 for sale on AskCar, as of 4 November 2026.

Time on sale

This 2023 Volvo XC40 has been on sale for at least 71 days.

Price history

AskCar first saw this advert on 25 August 2026 at £29,950. Its asking price is now £28,995, £955 less. The latest price cut was seen on 2 November 2026.

Price changes recorded:

  • 25 August 2026: £29,950
  • 27 October 2026: £29,500
  • 2 November 2026: £28,995

Mileage and MOT

Advertised mileage is about 8,700 miles lower than the median mileage of a 2023 Volvo XC40 on AskCar.

Similar cars

110 other 2023 Volvo XC40 Ultimate 2.0 petrol automatic SUVs are for sale at UK dealers, from £20,850 to £37,980, as of 4 November 2026.

The 3 closest to this car in mileage:

  • 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, silver. Mileage: 18,000 miles. Price: £29,000, the same price as this car. Dealer: Volvo Cars Preston (PRESTON) in Preston. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-1b296f624679
  • 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, grey. Mileage: 18,016 miles. Price: £28,590, £405 less than this car. Dealer: Waylands MG Oxford in Oxford. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-032104c7253c
  • 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, black. Mileage: 18,063 miles. Price: £28,250, £745 less than this car. Dealer: Ray Chapman Motors in Malton. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-11e12b696a88
  • The nearest: 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, white, 5 miles from this car. Mileage: 20,980 miles. Price: £27,495, £1,500 less than this car. Dealer: HSF Group Volvo Cars Leatherhead in Leatherhead. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-bd41c21a4849

Browse all Volvo XC40 cars for sale · 2023 Volvo XC40 price guide

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Photos

47 photos of this car are on its AskCar page.

As of 4 November 2026, AskCar lists 592,552 cars and vans from 12,964 UK dealerships, read daily from dealer websites: over 99% of UK dealer used car adverts. No dealer pays to be listed.