2023 Volvo XC40

Recharge Twin Ultimate Auto 4WD 5dr (402 bhp)

£28,500

Fair price: within 8% of the typical £28,291 for this model, age and mileage, drawing on 4,648 adverts of this make and model.

Overview

Make: Volvo
Model: XC40
Trim: ULTIMATE
Version: Recharge Twin Ultimate Auto 4WD 5dr (402 bhp)
Mileage: 28,508 miles
Year: 2023
Fuel type: Electric
Body type: SUV
Gearbox: Automatic
Power: 402 bhp
Seats: 5
CO2: 0 g/km
Colour: Black
Doors: 5
Driven wheels: Four Wheel Drive
Engine badge: Ultimate
Emissions standard: Euro 6

About this car

This 2023 Volvo XC40 Ultimate has covered 28,508 miles. Its asking price of £28,500 is £209 above our estimate of £28,291. We use UK dealer asking prices, including 4,648 Volvo XC40 listings, and account for the car’s age, mileage and specification. Since we first spotted the advert 88 days ago, the asking price has dropped by £1,950. That history is worth bearing in mind when speaking to the dealer. The seller is TMS Volvo Leicester, based in Leicester.

Stock data from 21 October 2026.

How we estimate prices and check cars

Price history

First seen on 26 July 2026, 88 days ago. Advert duration calculated on 22 October 2026. Net asking-price reduction: £1,950 from the first recorded £30,450. 8 price reductions recorded, the latest observed on 1 October 2026.

Recorded asking prices
Date observed	Asking price
26 July 2026	£30,450
27 July 2026	£30,450
18 August 2026	£30,250
26 August 2026	£29,950
3 September 2026	£29,850
6 September 2026	£29,450
20 September 2026	£29,250
22 September 2026	£29,000
25 September 2026	£28,750
1 October 2026	£28,500
21 October 2026	£28,500

Price and mileage comparison

Estimated market asking price: £28,291. The asking price is £209 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 4,648 adverts of this make and model across different ages and specifications.

Advertised mileage is approximately 1,100 miles higher than typical for a 2023 Volvo XC40.

MOT

MOT no details held by dvla.

81 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 28,508 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

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Dealer

TMS Volvo Leicester, Leicester. Across the dealer network: 8 branches, 631 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