2023 Volvo XC40

69kWh Recharge Ultimate Auto RWD 5dr (234 bhp)

£28,795

Fair price: within 8% of the typical £28,040 for this model, age and mileage, drawing on 4,664 adverts of this make and model.

Overview

Make: Volvo
Model: XC40
Trim: ULTIMATE
Version: 69kWh Recharge Ultimate Auto RWD 5dr (234 bhp)
Mileage: 17,661 miles
Year: 2023
Fuel type: Electric
Body type: SUV
Gearbox: Automatic
Power: 234 bhp
Seats: 5
CO2: 0 g/km
Colour: Black
Doors: 5
Driven wheels: Rear Wheel Drive
Engine badge: Ultimate
Emissions standard: Euro 6

About this car

At 17,661 miles, this 2023 Volvo XC40 Ultimate has covered about 9,700 fewer miles than other 2023 Volvo XC40 cars. Its asking price of £28,795 is £755 above our estimate of £28,040. To estimate its market asking price, we analyse UK dealer adverts for 4,664 Volvo XC40 cars across different ages and specifications. We first saw this car advertised 47 days ago. Its asking price has since fallen by £700. You can find this car at Grainger Motor Group in Spalding.

Stock data from 20 October 2026.

How we estimate prices and check cars

Price history

First seen on 4 September 2026, 47 days ago. Advert duration calculated on 21 October 2026. Net asking-price reduction: £700 from the first recorded £29,495. 4 price reductions recorded, the latest observed on 15 October 2026.

Recorded asking prices
Date observed	Asking price
4 September 2026	£29,495
23 September 2026	£29,295
2 October 2026	£28,995
9 October 2026	£28,880
15 October 2026	£28,795
20 October 2026	£28,795

Price and mileage comparison

Estimated market asking price: £28,040. The asking price is £755 above this estimate.

The estimate uses UK dealer asking prices, accounting for make, model, trim, version, age, mileage, fuel, gearbox, body type, driven wheels, engine size and power. It estimates an advertised price, not a confirmed sale price.

The pricing calculation includes 4,664 adverts of this make and model across different ages and specifications.

Advertised mileage is approximately 9,700 miles lower than typical for a 2023 Volvo XC40.

MOT

MOT no details held by dvla.

82 other cars with the same year, trim, gearbox and fuel are for sale from £16,990 to £33,291.

Other matching cars (up to five, cheapest first)
Asking price	Mileage
£16,990	48,323 miles
£18,998	104,114 miles
£20,080	69,563 miles
£20,301	62,458 miles
£21,100	75,762 miles

These cars have covered 5,500–104,114 miles, compared with 17,661 miles for this car.

Matching year, trim, gearbox and fuel does not mean matching mileage or every specification. Our estimate adjusts for these differences using the wider market data.

Browse all Volvo XC40 cars for sale · 2023 Volvo XC40 price guide

Similar cars for less

Dealer

Grainger Motor Group, Spalding. Across the dealer network: 21 branches, 742 cars for sale.

Dealer postcode: PE11 3DQ.