2023 Volvo XC40 Ultimate

Price: £28,800. Fair price: £5 (under 1%) over the AskCar estimate of £28,795, our expected asking price for this car from its model, age, mileage and specification, drawing on 4,464 priced Volvo XC40 adverts on AskCar as of 2 November 2026.

AskCar lists 4,630 used Volvo XC40 from 1,199 UK dealerships, as of 2 November 2026.

Overview

  • Make: Volvo
  • Model: XC40
  • Trim: Ultimate
  • Version: Recharge Twin Ultimate Auto 4WD 5dr (402 bhp)
  • Year: 2023
  • Mileage: 23,523 miles
  • Fuel: Electric
  • Body: SUV, 5 doors, 5 seats
  • Engine: 402 bhp
  • Gearbox: Automatic
  • Drive: Four-wheel drive
  • Colour: Blue
  • CO2: 0 g/km
  • Emissions standard: Euro 6, ULEZ compliant

About this car

This 2023 Volvo XC40 Ultimate has covered 23,523 miles, around 3,200 fewer miles than is typical for its age. The dealer is asking £28,800, which is £5 above the AskCar estimate of £28,795. To work out the AskCar estimate, we analyse UK dealer adverts for 4,464 Volvo XC40 cars across different ages and specifications. Since we first spotted the advert 16 days ago, the asking price has dropped by £400. According to the government's MOT record, its advertised mileage is consistent with the latest test. The seller is TMS Volvo Hinckley, based in Hinckley. How to contact the dealer and its opening hours are on this AskCar page.

Stock data as of 2 November 2026.

How we estimate prices and check cars

Price

Fair price: £5 (under 1%) over the AskCar estimate of £28,795.

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 4,464 priced Volvo XC40 adverts across different ages and specifications, as of 2 November 2026.

Time on sale

This 2023 Volvo XC40 has been on sale for at least 16 days.

Price history

AskCar first saw this advert on 17 October 2026 at £29,200. Its asking price is now £28,800, £400 less. The latest price cut was seen on 31 October 2026.

Price changes recorded:

  • 17 October 2026: £29,200
  • 31 October 2026: £28,800

Mileage and MOT

MOT, from the government's MOT records (DVSA, the Driver and Vehicle Standards Agency), as of 2 November 2026: valid until 17 June 2027.

It has had one MOT, on 18 June 2026, and passed.

There were no advisories at the latest test.

Mileage at that test: 20,637 miles, which matches the advertised 23,523 miles.

Advertised mileage is about 3,200 miles lower than the median mileage of a 2023 Volvo XC40 on AskCar.

Similar cars

73 other 2023 Volvo XC40 Ultimate automatic SUVs are for sale at UK dealers, from £16,990 to £32,500, as of 2 November 2026.

The 3 closest to this car in mileage:

  • 2023 Volvo XC40 Ultimate, SUV, grey. Mileage: 23,688 miles. Price: £29,995, £1,195 more than this car. Dealer: Norman Motors (Poole) in Poole. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-26dd7bc1ba54
  • 2023 Volvo XC40 Ultimate, SUV, black. Mileage: 23,210 miles. Price: £28,498, £302 less than this car. Dealer: Arnold Clark Oldbury Fiat / Motorstore / Jeep / Abarth / BYD in Oldbury. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-ac1179f5d9e8
  • 2023 Volvo XC40 Ultimate, SUV, black. Mileage: 24,360 miles. Price: £27,795, £1,005 less than this car. Dealer: V12 Sports & Classics Ltd - Stoke-On-Trent in Stoke-on-Trent. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-252b608cfbc6
  • The nearest: 2023 Volvo XC40 Ultimate, SUV, silver, 16 miles from this car. Mileage: 22,504 miles. Price: £29,500, £700 more than this car. Dealer: TMS Volvo Leicester in Leicester. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-a7e8acc206d5

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

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Photos

1 photo of this car is on its AskCar page.

As of 2 November 2026, AskCar lists 586,270 cars and vans from 12,920 UK dealerships, read daily from dealer websites: over 99% of UK dealer used car adverts. No dealer pays to be listed.