2023 Volvo XC40

2.0 Mhev Ultimate DCT FWD Euro 6 (s/s) 5dr

£25,750

Fair price: within 8% of the typical £25,408 for this model, age and mileage, drawing on 4,664 adverts of this make and model.

Overview

Make: Volvo
Model: XC40
Trim: ULTIMATE
Version: 2.0 Mhev Ultimate DCT FWD Euro 6 (s/s) 5dr
Mileage: 43,182 miles
Year: 2023
Fuel type: Petrol Hybrid
Body type: SUV
Engine: 2.0 L
Gearbox: Automatic
Seats: 5
CO2: 152 g/km
Colour: Grey
Doors: 5
Driven wheels: Front Wheel Drive
Gearbox version: DCT
Hybrid type: Mild hybrid
Emissions standard: Euro 6

About this car

This 2023 Volvo XC40 Ultimate is advertised with 43,182 miles, approximately 15,800 above the typical mileage for its age. Its asking price of £25,750 is £342 above our estimate of £25,408. Our estimate draws on 4,664 Volvo XC40 adverts across the UK, adjusting for age, mileage, trim, engine and other specifications. We first recorded this advert 60 days ago, and its asking price has since fallen by £1,200. That history is worth bearing in mind when speaking to the dealer. The seller is TMS Volvo Leicester, based in Leicester.

Stock data from 20 October 2026.

How we estimate prices and check cars

Price history

First seen on 22 August 2026, 60 days ago. Advert duration calculated on 21 October 2026. Net asking-price reduction: £1,200 from the first recorded £26,950. 5 price reductions recorded, the latest observed on 1 October 2026.

Recorded asking prices
Date observed	Asking price
22 August 2026	£26,950
6 September 2026	£26,850
20 September 2026	£26,500
22 September 2026	£26,350
25 September 2026	£25,950
1 October 2026	£25,750
20 October 2026	£25,750

Price and mileage comparison

Estimated market asking price: £25,408. The asking price is £342 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 15,800 miles higher than typical for a 2023 Volvo XC40.

MOT

MOT no details held by dvla.

78 other cars with the same year, trim, gearbox and fuel are for sale from £20,999 to £37,980.

Other matching cars (up to five, cheapest first)
Asking price	Mileage
£20,999	76,525 miles
£21,500	73,542 miles
£22,880	59,807 miles
£22,999	55,579 miles
£24,295	50,426 miles

These cars have covered 2,752–76,525 miles, compared with 43,182 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

TMS Volvo Leicester, Leicester. Across the dealer network: 8 branches, 636 cars for sale.

Dealer postcode: LE4 7SJ.

Dealer opening hours

Monday: 08:30-18:00
Tuesday: 08:30-18:00
Wednesday: 08:30-18:00
Thursday: 08:30-18:00
Friday: 08:30-18:00
Saturday: 08:30-17:00
Sunday: 11:00-16:00