2023 Volvo XC40 1.5 T5 Ultimate

Overview

• Make: Volvo
• Model: XC40
• Trim: Ultimate
• Version: 1.5 T5 Recharge Phev Ultimate Auto FWD Euro 6 5dr (258 bhp)
• Year: 2023
• Mileage: 28,498 miles
• Fuel: Plug-in hybrid (petrol)
• Body: SUV, 5 doors, 5 seats
• Engine: 1.5 litres, 258 bhp
• Gearbox: Automatic
• Drive: Front-wheel drive
• Colour: Black
• CO2: 49 g/km
• Emissions standard: Euro 6, ULEZ compliant

About this car

This 2023 Volvo XC40 Ultimate is advertised with 28,498 miles on the clock. The dealer is asking £26,290, which is £169 above the AskCar estimate of £26,121. To work out the AskCar estimate, we analyse UK dealer adverts for 4,772 Volvo XC40 cars across different ages and specifications. Since we first spotted the advert 47 days ago, the asking price has dropped by £300. According to the government's MOT record, its advertised mileage is consistent with the latest test. The seller is Waylands MG Oxford, based in Oxford. How to contact the dealer and its opening hours are on this AskCar page.

Stock data as of 6 November 2026.

How we estimate prices and check cars

Price

Fair price: £169 (under 1%) over the AskCar estimate of £26,121.

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 4,772 priced Volvo XC40 adverts across different ages and specifications, as of 6 November 2026.

A 2023 Volvo XC40 with the 1.5 plug-in hybrid engine is typically advertised at £21,500: the median of the 136 for sale on AskCar, as of 6 November 2026.

Time on sale

This 2023 Volvo XC40 has been on sale for at least 47 days.

Price history

AskCar first saw this advert on 20 September 2026 at £26,590. Its asking price is now £26,290, £300 less. The latest price cut was seen on 14 October 2026.

Price changes recorded:

• 20 September 2026: £26,590
• 4 October 2026: £26,990
• 5 October 2026: £26,490
• 14 October 2026: £26,290

Mileage and MOT

MOT, from the government's MOT records (DVSA, the Driver and Vehicle Standards Agency), as of 6 November 2026: valid until 20 March 2027.

It has had one MOT, on 18 March 2026, and passed.

There were no advisories at the latest test.

Mileage at that test: 24,261 miles, which matches the advertised 28,498 miles.

Advertised mileage is about 1,500 miles higher than the median mileage of a 2023 Volvo XC40 on AskCar.

Similar cars

4 other 2023 Volvo XC40 Ultimate 1.5 plug-in hybrid automatic SUVs are for sale at UK dealers, from £21,493 to £27,500, as of 6 November 2026.

The 3 closest to this car in mileage:

• 2023 Volvo XC40 Ultimate, 1.5 plug-in hybrid SUV, grey. Mileage: 30,623 miles. Price: £25,900, £390 less than this car. Dealer: Lipscomb Volvo Canterbury in Canterbury. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-9fc9343cf00a
• 2023 Volvo XC40 Ultimate, 1.5 plug-in hybrid SUV, black. Mileage: 18,801 miles. Price: £26,490, £200 more than this car. Dealer: Lipscomb Volvo Maidstone in Maidstone. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-6e8769ea2e4b
• 2023 Volvo XC40 Ultimate, 1.5 plug-in hybrid SUV, grey. Mileage: 18,771 miles. Price: £27,500, £1,210 more than this car. Dealer: Sytner Group Volvo Cars Chester in Chester. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-8d8149545fce

• The nearest: 2023 Volvo XC40 Ultimate, 1.5 plug-in hybrid SUV, black, 50 miles from this car. Mileage: 67,102 miles. Price: £21,493, £4,797 less than this car. Dealer: Listers Worcester (WORCESTER) in Worcester. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-00becd8e6d91