2023 Volvo XC40 Ultimate

Price: £28,890. Fair price: £218 (under 1%) under the AskCar estimate of £29,108, our expected asking price for this car from its model, age, mileage and specification, drawing on 4,527 priced Volvo XC40 adverts on AskCar as of 8 November 2026.

AskCar lists 4,670 used Volvo XC40 from 1,214 UK dealerships, as of 8 November 2026.

Overview

  • Make: Volvo
  • Model: XC40
  • Trim: Ultimate
  • Version: Recharge Twin Ultimate Auto 4WD 5dr (402 bhp)
  • Year: 2023
  • Mileage: 20,484 miles
  • Fuel: Electric
  • Body: SUV, 5 doors, 5 seats
  • Engine: 402 bhp
  • Gearbox: Automatic
  • Drive: Four-wheel drive
  • Colour: Grey
  • CO2: 0 g/km
  • Emissions standard: Euro 6, ULEZ compliant

About this car

This 2023 Volvo XC40 Ultimate is advertised with 20,484 miles, approximately 6,500 below the typical mileage for its age. Priced at £28,890, it is advertised £218 below the AskCar estimate of £29,108. To work out the AskCar estimate, we analyse UK dealer adverts for 4,527 Volvo XC40 cars across different ages and specifications. The dealer may accept less. This car has been on sale for at least 99 days, and its asking price is down £2,410. The seller is Volvo Cars Reading (Reading), based in Reading. How to contact the dealer and its opening hours are on this AskCar page.

Stock data as of 8 November 2026.

How we estimate prices and check cars

Price

Fair price: £218 (under 1%) under the AskCar estimate of £29,108.

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 4,527 priced Volvo XC40 adverts across different ages and specifications, as of 8 November 2026.

Time on sale

The dealer may accept less. This 2023 Volvo XC40 has been on sale for at least 99 days, and its asking price has been cut by £2,410. About half of 2023 Volvo XC40 cars are gone from sale within a month of being advertised: 817 of the 1,571 first advertised between 9 July 2026 and 5 October 2026.

Price history

AskCar first saw this advert on 1 August 2026 at £31,300. Its asking price is now £28,890, £2,410 less. The latest price cut was seen on 8 November 2026.

Price changes recorded:

  • 2 August 2026: £31,300
  • 8 September 2026: £31,280
  • 18 September 2026: £30,990
  • 7 October 2026: £30,790
  • 8 November 2026: £28,890

Mileage and MOT

Advertised mileage is about 6,500 miles lower than the median mileage of a 2023 Volvo XC40 on AskCar.

Similar cars

78 other 2023 Volvo XC40 Ultimate automatic SUVs are for sale at UK dealers, from £16,990 to £39,995, as of 8 November 2026.

The 3 closest to this car in mileage:

  • 2023 Volvo XC40 Ultimate, SUV, white. Mileage: 20,500 miles. Price: £26,399, £2,491 less than this car. Dealer: Lookers Volvo Glasgow in Glasgow. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-4e35cb0242d7
  • 2023 Volvo XC40 Ultimate, SUV, black. Mileage: 20,909 miles. Price: £27,995, £895 less than this car. Dealer: Ray Chapman Motors in Bradford. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-36a1764e2c6c
  • 2023 Volvo XC40 Ultimate, SUV, green. Mileage: 19,661 miles. Price: £29,700, £810 more than this car. Dealer: Marshall Volvo Milton Keynes in Milton Keynes. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-7113a64697ce
  • The nearest: 2023 Volvo XC40 Ultimate, SUV, grey, 20 miles from this car. Mileage: 16,500 miles. Price: £31,900, £3,010 more than this car. Dealer: EV Experts Surrey in Guildford. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-3d27b2a1ced9

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

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Photos

40 photos of this car are on its AskCar page.

As of 8 November 2026, AskCar lists 595,762 cars and vans from 12,892 UK dealerships, read daily from dealer websites: over 99% of UK dealer used car adverts. No dealer pays to be listed.