Subcompact SUV · what it costs new, what it’s worth used, and who has one near you.

The 2023 Volvo XC40 is a subcompact suv we track across the used market in Canada. It's rated at about 409 km of electric range, so the real questions are price, charging and how it holds value. A 7-year-old one keeps roughly 42% of a current model's market price — what actually matters over five years of ownership.
Fuel economy & range: Natural Resources Canada (Open Government Licence — Canada). Safety recalls & owner-reported complaints: US National Highway Traffic Safety Administration (public domain); complaint shares are a relative signal, not a failure rate. Prices, payments, depreciation, listing counts and dealer inventory: Conquest market data; payment estimates use market-average terms and are not an offer of credit. Independent service — not affiliated with or endorsed by Volvo.
Each dot is a live listing — price by mileage, with the market trend line. Click any dot to view it. Showing 8 of 68.
Days on market across 8 listings — most sell in about 23 days (typical range 11–46). The longer a car sits, the more room to negotiate.
The view no marketplace shows you
Typical payment
$599/mo $18
Typical asking price
$33,998 $997
Gas — combined
9.4L/100 km
Hybrid — combined
8.8L/100 km
Electric range
409km
Fuel / year (20k km)
$3,346
Hybrid saves
$214/yr
Typical figures. See what it costs for your commute.
Median market price by vehicle age
Same data pipeline, every rival — tap to open its page
2071540 ONTARIO INC.
Mississauga, ON · 2 in stock
EICHENBERG MOTORS (1971) LTD
Tillsonburg, ON · 1 in stock
CARLING MOTORS CO LIMITED
Ottawa, ON · 1 in stock
VAN HERPT AUTOMOTIVE INC.
Kingston, ON · 1 in stock
TRANSOCEANIC FINE CARS LTD
Vaughan, ON · 1 in stock
TRANSSCANDINAVIAN FINE CARS LTD.
Ajax, ON · 1 in stock
DIXIE MOTORS LP
Mississauga, ON · 1 in stock
Owner-reported problems and open safety recalls
Safety recalls
4 campaigns issued by the manufacturer
Service Brakes, Hydraulic
Volvo Car USA, LLC (Volvo Car) is recalling certain 2023 S60, V60, V60CC, V90CC, XC60, XC90, XC40, and C40 vehicles. A diagnostic error in the Brake Control Module 2 (BCM2) may cause a loss of Antilock Brake System (ABS), Electronic Stability Control (ESC), and traction control.
Campaign 23V012000
Electrical System
Volvo Car USA, LLC (Volvo Car) is recalling certain 2023 S60, V60CC, XC60, XC90, XC40, and C40 vehicles. A diagnostic trouble code (DTC) may be falsely detected for the emergency call system (e-call) and display "e-Call Service Required" in the driver information module (DIM).
Campaign 23V188000
Back Over Prevention · Software
Volvo Car USA, LLC (Volvo Car) is recalling certain 2021-2025 XC40, 2022 V90, 2022-2025 S90, V90CC, C40, XC60, 2023-2025 S60, V60, V60CC, XC90, and 2025 EC40 and EX40 vehicles. The rearview camera image may not display when the vehicle is placed in reverse. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 111, "Rear Visibility."
Campaign 25V282000
Back Over Prevention · Software
Volvo Car USA, LLC (Volvo Car) is recalling certain 2021-2025 XC40, 2022 V90, 2022-2024 C40BEV, 2022-2025 S90, V90CC, XC60, 2023-2025 S60, V60, V60CC, XC90, and 2025 EC40, and EX40 vehicles. The rearview camera image may not display when the vehicle is placed in reverse. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 111, "Rear Visibility."
Campaign 25V908000
Recall campaigns are manufacturer-issued and fixed free of charge. This is the US campaign set matched by year, make and model — it is not a check against a specific VIN, and Canadian campaigns may differ.