2023 Volvo XC40 2.0 Ultimate

Overview

• Make: Volvo
• Model: XC40
• Trim: Ultimate
• Version: 2.0 Mhev Ultimate DCT FWD Euro 6 (s/s) 5dr
• Year: 2023
• Mileage: 12,138 miles
• Fuel: Petrol, mild hybrid
• Body: SUV, 5 doors, 5 seats
• Engine: 2.0 litres
• Gearbox: Automatic (DCT)
• Drive: Front-wheel drive
• Colour: Black
• CO2: 151 g/km
• Emissions standard: Euro 6, ULEZ compliant

About this car

This 2023 Volvo XC40 Ultimate has covered 12,138 miles, around 14,600 fewer miles than is typical for its age. Its asking price of £28,500 is £640 below the AskCar estimate of £29,140. The AskCar estimate draws on 5,104 Volvo XC40 adverts across the UK, adjusting for age, mileage, trim, engine and other specifications. We first saw this car advertised 94 days ago. Its asking price has since fallen by £1,950. According to the government's MOT record, its advertised mileage is consistent with the latest test. The seller is TMS Leicester (LEICESTER), based in Leicester. 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: £640 (2%) under the AskCar estimate of £29,140.

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 94 days.

Price history

AskCar first saw this advert on 2 August 2026 at £30,450. Its asking price is now £28,500, £1,950 less. The latest price cut was seen on 25 September 2026.

Price changes recorded:

• 3 August 2026: £30,450
• 18 August 2026: £30,250
• 26 August 2026: £29,950
• 2 September 2026: £29,750
• 7 September 2026: £29,500
• 19 September 2026: £28,950
• 22 September 2026: £28,750
• 25 September 2026: £28,500

Mileage and MOT

MOT, from the government's MOT records (DVSA, the Driver and Vehicle Standards Agency), as of 4 November 2026: valid until 28 June 2027.

It has had one MOT, on 29 June 2026, and passed.

There were no advisories at the latest test.

Mileage at that test: 12,024 miles, which matches the advertised 12,138 miles.

Advertised mileage is about 14,600 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, white. Mileage: 12,252 miles. Price: £28,990, £490 more than this car. Dealer: Holden Volvo Bury St Edmunds in Bury St Edmunds. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-d249062b4487
• 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, silver. Mileage: 12,273 miles. Price: £31,550, £3,050 more than this car. Dealer: Cleland of the Borders in Galashiels. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-49e79d4939b7
• 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, blue. Mileage: 11,627 miles. Price: £30,000, £1,500 more than this car. Dealer: Ray Chapman Motors in Malton. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-7a65fcaf7f61

• The nearest: 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, blue, under a mile from this car. Mileage: 25,645 miles. Price: £27,450, £1,050 less than this car. Dealer: TMS Volvo Leicester in Leicester. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-28bc2b328e5e