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

The 2024 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 12 of 138.
Days on market across 12 listings — most sell in about 22 days (typical range 11–47). The longer a car sits, the more room to negotiate.
The view no marketplace shows you
Typical payment
$788/mo $24
Typical asking price
$44,770 $1,362
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
MCMILLAN & SAUNDERS INC.
Mississauga, ON · 4 in stock
VOL-HAM AUTOMOTIVE INC.
Toronto, ON · 2 in stock
D'ALESSANDRO INVESTMENTS LIMITED
Etobicoke, ON · 1 in stock
2464402 ONTARIO LIMITED
Innisfil, ON · 1 in stock
OWEN SOUND AUTOHAUS INC.
Owen Sound, ON · 1 in stock
PARKWAY NISSAN LTD
Hamilton, ON · 1 in stock
GLPH K AUTO LP
Guelph, ON · 1 in stock
TRANSSCANDINAVIAN FINE CARS LTD.
Ajax, ON · 1 in stock
Owner-reported problems and open safety recalls
Most-reported problems
Across 12 owner complaints filed on the 2024 Volvo XC40
Share of complaints naming each system — a signal of what owners report most on this model, not a failure rate. The denominator is people who filed a complaint, not every owner. Complaints are filed with the US regulator; the same models are sold in Canada.
Safety recalls
4 campaigns issued by the manufacturer
Electrical System · Software
Volvo Car USA, LLC (Volvo Car) is recalling certain 2024 XC40 vehicles. A diagnostic error in the Central Electronic Module (CEM) software may cause the left rear turn signal indicator to not function.
Campaign 24V010000
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
Service Brakes, Hydraulic · Power Assist · Electric · Control Module · Software
Volvo Car USA, LLC (Volvo Car) is recalling certain 2023 Volvo C40 BEV, 2025 EC40, 2023-2024 XC40 BEV, 2020-2026 XC90 PHEV, 2022-2026 XC60 PHEV, 2023-2025 S60 PHEV, 2024-2025 V60 PHEV, and 2025-2026 EX40 and 2025 S90 PHEV vehicles. In certain driving scenarios while coasting down a hill and using "B" mode or "One Pedal Drive," the vehicle may lose brake function.
Campaign 25V392000
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.