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 15,200 fewer miles than is typical for its age. The dealer is asking £28,500, which is £192 below the AskCar estimate of £28,692. To work out the AskCar estimate, we analyse UK dealer adverts for 4,615 Volvo XC40 cars across different ages and specifications. The dealer may accept less. This car has been on sale for at least 103 days, and its asking price is down £1,950. According to the government's MOT record, its advertised mileage is consistent with the latest test. The seller is TMS Volvo Leicester, based in Leicester. How to contact the dealer and its opening hours are on this AskCar page.

Stock data as of 10 November 2026.

How we estimate prices and check cars

Price

Fair price: £192 (under 1%) under the AskCar estimate of £28,692.

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 4,615 priced Volvo XC40 adverts across different ages and specifications, as of 10 November 2026.

A 2023 Volvo XC40 with the 2.0 petrol engine is typically advertised at £25,000: the median of the 515 for sale on AskCar, as of 10 November 2026.

Time on sale

The dealer may accept less. This 2023 Volvo XC40 has been on sale for at least 103 days, and its asking price has been cut by £1,950. About half of 2023 Volvo XC40 cars are gone from sale within a month of being advertised: 833 of the 1,605 first advertised between 11 July 2026 and 7 October 2026.

Price history

AskCar first saw this advert on 30 July 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:

• 30 July 2026: £30,450
• 18 August 2026: £30,250
• 26 August 2026: £29,950
• 3 September 2026: £29,750
• 6 September 2026: £29,500
• 20 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 10 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 15,200 miles lower than the median mileage of a 2023 Volvo XC40 on AskCar.

Similar cars

82 other 2023 Volvo XC40 Ultimate 2.0 petrol automatic SUVs are for sale at UK dealers, from £20,850 to £37,980, as of 10 November 2026.

The 3 closest to this car in mileage:

• 2023 Volvo XC40 Ultimate, 2.0 petrol SUV, white. Mileage: 12,252 miles. Price: £28,490, the same price as 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: £29,995, £1,495 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, red. Mileage: 11,373 miles. Price: £30,490, £1,990 more than this car. Dealer: Waylands Volvo Cars Oxford in Oxford. AskCar page: https://askcar.co.uk/car/volvo-xc40-2023-d47691045f6d

• 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