2023 Volvo XC40 2.0 B3 MHEV Ultimate

Overview

• Make: Volvo
• Model: XC40
• Trim: Ultimate
• Version: 2.0 B3 Mhev Ultimate DCT FWD Euro 6 (s/s) 5dr (161 bhp)
• Year: 2023
• Mileage: 20,489 miles
• Fuel: Petrol, mild hybrid
• Body: SUV, 5 doors, 5 seats
• Engine: 2.0 litres, 161 bhp
• Gearbox: Automatic (DCT)
• Drive: Front-wheel drive
• Colour: Gold
• CO2: 151 g/km
• Emissions standard: Euro 6, ULEZ compliant

About this car

With 20,489 miles on the clock, this 2023 Volvo XC40 Ultimate has done roughly 6,200 fewer miles than a typical 2023 Volvo XC40. Priced at £25,899, it is advertised £1,069 below the AskCar estimate of £26,968. To work out the AskCar estimate, we analyse UK dealer adverts for 4,464 Volvo XC40 cars across different ages and specifications. The dealer may accept less: this car has been on sale for at least 158 days, and its asking price has been cut by £3,100. It is for sale at N.m.j. Motorhouse in Milton Keynes. 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: £1,069 (3%) under the AskCar estimate of £26,968.

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.

A 2023 Volvo XC40 with the 2.0 petrol engine is typically advertised at £25,200: the median of the 485 for sale on AskCar, as of 2 November 2026.

Time on sale

The dealer may accept less. This 2023 Volvo XC40 has been on sale for at least 158 days, and its asking price has been cut by £3,100. About half of 2023 Volvo XC40 cars are gone from sale within a month of being advertised: 761 of the 1,441 first advertised between 7 July 2026 and 29 September 2026.

Price history

AskCar first saw this advert on 28 May 2026 at £28,999. Its asking price is now £25,899, £3,100 less. The latest price cut was seen on 28 October 2026.

Price changes recorded:

• 29 May 2026: £28,999
• 4 June 2026: £28,499
• 17 June 2026: £27,999
• 16 July 2026: £27,249
• 23 July 2026: £27,199
• 29 July 2026: £26,999
• 4 August 2026: £27,499
• 13 August 2026: £27,199
• 19 August 2026: £27,299
• 2 September 2026: £26,999
• 8 September 2026: £26,799
• 19 September 2026: £26,699
• 29 September 2026: £26,999
• 8 October 2026: £26,799
• 17 October 2026: £25,999
• 28 October 2026: £25,899

Mileage and MOT

Advertised mileage is about 6,200 miles lower than the median mileage of a 2023 Volvo XC40 on AskCar.

Similar cars

77 other 2023 Volvo XC40 Ultimate 2.0 petrol automatic SUVs are for sale at UK dealers, from £20,850 to £37,980, as of 2 November 2026.

The 3 closest to this car in mileage:

• 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, blue. Mileage: 20,596 miles. Price: £27,490, £1,591 more than this car. Dealer: Lipscomb Volvo Maidstone in Maidstone. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-13cfff356c3c
• 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, black. Mileage: 20,866 miles. Price: £27,800, £1,901 more than this car. Dealer: TMS Volvo Hinckley in Hinckley. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-e6039820bd0f
• 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, white. Mileage: 20,980 miles. Price: £27,495, £1,596 more than this car. Dealer: HSF Group Volvo Cars Leatherhead in Leatherhead. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-bd41c21a4849

• The nearest: 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, black, 12 miles from this car. Mileage: 29,876 miles. Price: £26,750, £851 more than this car. Dealer: Bells Motor Group in Northampton. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-4901328bf9fd