2023 Volvo XC40 2.0 B4 MHEV Ultimate

Price: £24,995. Fair price: £291 (1%) under the AskCar estimate of £25,286, 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: 2.0 B4 Mhev Ultimate DCT FWD Euro 6 (s/s) 5dr (194 bhp)
  • Year: 2023
  • Mileage: 38,074 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 is advertised with 38,074 miles, approximately 11,400 above the typical mileage for its age. Its asking price of £24,995 is £291 below the AskCar estimate of £25,286. The AskCar estimate uses 4,464 UK dealer adverts for the Volvo XC40, with adjustments for age, mileage, trim, engine and other specifications. We first saw this car advertised 39 days ago. Its asking price has since fallen by £1,000. The government's MOT record matches its advertised mileage. You can find this car at Auriga Cars in Dronfield. 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: £291 (1%) under the AskCar estimate of £25,286.

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

This 2023 Volvo XC40 has been on sale for at least 39 days.

Price history

AskCar first saw this advert on 24 September 2026 at £25,995. Its asking price is now £24,995, £1,000 less. The latest price cut was seen on 21 October 2026.

Price changes recorded:

  • 24 September 2026: £25,995
  • 21 October 2026: £24,995

Mileage and MOT

MOT, from the government's MOT records (DVSA, the Driver and Vehicle Standards Agency), as of 2 November 2026: valid until 6 September 2027.

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

There were no advisories at the latest test.

Mileage at that test: 36,479 miles, which matches the advertised 38,074 miles.

Advertised mileage is about 11,400 miles higher 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, white. Mileage: 38,830 miles. Price: £25,249, £254 more than this car. Dealer: Riverside Volvo Hull in Hessle. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-34149bbc2449
  • 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, black. Mileage: 39,155 miles. Price: £25,125, £130 more than this car. Dealer: Waylands Volvo Havant in Havant. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-0e9fd9e9992e
  • 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, black. Mileage: 39,259 miles. Price: £24,995, the same price as this car. Dealer: Riverside Volvo Wakefield in Wakefield. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-0e13117158c2

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

More like this

Photos

30 photos of this car are 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.