2023 Volvo XC40 2.0 B4 MHEV Ultimate

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: 55,579 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 55,579 miles, approximately 28,900 above the typical mileage for its age. The dealer is asking £22,999, which is £126 below the AskCar estimate of £23,125. To work out the AskCar estimate, we analyse UK dealer adverts for 4,464 Volvo XC40 cars across different ages and specifications. We first saw this car advertised 41 days ago. Its asking price has since fallen by £1,000. The government's MOT record matches its advertised mileage. It is advertised by Hartwell Abingdon in Oxford. 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: £126 (under 1%) under the AskCar estimate of £23,125.

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 41 days.

Price history

AskCar first saw this advert on 22 September 2026 at £23,999. Its asking price is now £22,999, £1,000 less. The latest price cut was seen on 20 October 2026.

Price changes recorded:

• 22 September 2026: £23,999
• 20 October 2026: £22,999

Mileage and MOT

MOT, from the government's MOT records (DVSA, the Driver and Vehicle Standards Agency), as of 2 November 2026: valid until 17 August 2027.

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

There were no advisories at the latest test.

Mileage at that test: 54,090 miles, which matches the advertised 55,579 miles.

Advertised mileage is about 28,900 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, blue. Mileage: 50,426 miles. Price: £23,795, £796 more than this car. Dealer: Lloyd Motor Group Volvo Carlisle in Carlisle. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-ac3a485a82a7
• 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, black. Mileage: 50,000 miles. Price: £24,988, £1,989 more than this car. Dealer: Junction 17 Cars Peterborough in Peterborough. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-3021002ab880
• 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, grey. Mileage: 47,376 miles. Price: £25,750, £2,751 more than this car. Dealer: John Clark Volvo Dundee in Dundee. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-c99743d010ef

• The nearest: 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, silver, 5 miles from this car. Mileage: 14,250 miles. Price: £29,090, £6,091 more than this car. Dealer: Waylands Volvo Cars Oxford in Oxford. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-186aeedc213b