2023 Volvo XC40 2.0 B4 MHEV Ultimate

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: 24,991 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: Blue
• CO2: 152 g/km
• Emissions standard: Euro 6, ULEZ compliant

About this car

This 2023 Volvo XC40 Ultimate has covered 24,991 miles. The AskCar estimate for this car is £26,858. It is priced at £25,990, which is £868 below that estimate. The AskCar estimate uses 5,104 UK dealer adverts for the Volvo XC40, with adjustments for age, mileage, trim, engine and other specifications. We first saw this car advertised 62 days ago. Its asking price has since fallen by £900. We checked its advertised mileage against the government's MOT record, and they match. It is for sale at Manamanx in Reading. 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: £868 (3%) under the AskCar estimate of £26,858.

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 62 days.

Price history

AskCar first saw this advert on 3 September 2026 at £26,890. Its asking price is now £25,990, £900 less. The latest price cut was seen on 22 October 2026.

Price changes recorded:

• 3 September 2026: £26,890
• 8 September 2026: £26,790
• 15 September 2026: £26,690
• 24 September 2026: £26,580
• 30 September 2026: £26,490
• 7 October 2026: £26,290
• 13 October 2026: £26,280
• 22 October 2026: £25,990

Mileage and MOT

MOT, from the government's MOT records (DVSA, the Driver and Vehicle Standards Agency), as of 4 November 2026: valid until 22 May 2027.

It has had one MOT, on 14 May 2026, and passed.

There were no advisories at the latest test.

Mileage at that test: 24,132 miles, which matches the advertised 24,991 miles.

Advertised mileage is about 1,700 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, green. Mileage: 25,029 miles. Price: £27,245, £1,255 more than this car. Dealer: Endeavour Automotive Volvo Cars West London in London. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-fc7059197a53
• 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, white. Mileage: 25,229 miles. Price: £27,695, £1,705 more than this car. Dealer: HSF Group Volvo Cars Tonbridge in Tonbridge. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-fb2e836ddd7b
• 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, blue. Mileage: 24,707 miles. Price: £28,990, £3,000 more than this car. Dealer: Endeavour Automotive Volvo Cars West London in London. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-863fe34f676c

• The nearest: 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, grey, 9 miles from this car. Mileage: 26,962 miles. Price: £26,860, £870 more than this car. Dealer: Waylands Volvo Cars Reading in Reading. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-7a431c2e8bd0