2023 Volvo XC40 2.0 B4 MHEV Ultimate

Price: £28,480. Fair price: £1,325 (4%) under the AskCar estimate of £29,805, 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: 4,700 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

This 2023 Volvo XC40 Ultimate has covered 4,700 miles, around 22,000 fewer miles than is typical for its age. Its asking price of £28,480 is £1,325 below the AskCar estimate of £29,805. The AskCar estimate uses 5,104 UK dealer adverts for the Volvo XC40, with adjustments for age, mileage, trim, engine and other specifications. It first appeared in our advert records 57 days ago. According to the government's MOT record, its advertised mileage is consistent with the latest test. It is for sale at Wembley Prestige Cars in Bushey. 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: £1,325 (4%) under the AskCar estimate of £29,805.

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 57 days.

Price history

AskCar first saw this advert on 8 September 2026 at £28,480. Its asking price has not changed.

Mileage and MOT

MOT, from the government's MOT records (DVSA, the Driver and Vehicle Standards Agency), as of 4 November 2026: valid until 6 January 2027.

It has had one MOT, on 9 December 2025, and passed.

There were no advisories at the latest test.

Mileage at that test: 4,350 miles, which matches the advertised 4,700 miles.

Advertised mileage is about 22,000 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, grey. Mileage: 4,869 miles. Price: £29,990, £1,510 more than this car. Dealer: Holden Volvo Norwich in Norwich. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-2b92b36c6c02
  • 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, blue. Mileage: 2,752 miles. Price: £37,980, £9,500 more than this car. Dealer: Marshall Volvo Nottingham in Nottingham. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-94737c799312
  • 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, blue. Mileage: 8,000 miles. Price: £28,267, £213 less than this car. Dealer: Mon Motors Volvo Cars Cardiff in Cardiff. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-609a50328c96
  • The nearest: 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, white, 2 miles from this car. Mileage: 33,483 miles. Price: £25,300, £3,180 less than this car. Dealer: Car Planet Watford in Watford. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-0a5d1699a473

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

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Photos

38 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.