2023 plate

2023 Volvo XC40 prices

Market data through 10 August 2026 · 50 dealers

£25,485 median asking price · 329 used 2023 XC40s with recorded mileage

-1.1% over 30 days

On the same forecourt today, a 2024 costs about 13% more and a 2022 about 16% less. Typical mileage on a 2023 is 27,074.

Roughly £492/month on the midpoint price — 60 months, £2,548 deposit, representative 10.9% APR — indicative, not a quote. We don't arrange finance; this is here so the price means something in the terms most people buy in.

329
Advertised now
50
Dealers
27,074
Median mileage
21 days
Median time advertised
55%
Have had a price cut
Which 2023 XC40s are worth buying? The page above is the whole market. Ask Torq on WhatsApp which of the cars actually for sale are the good ones.

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What people are asking for a 2023 XC40

Position in the marketAsking price
Cheapest 10%under £20,700
Lower quarterunder £22,990
Midpoint£25,485
Upper quarterover £27,974
Dearest 10%over £29,484

2023 against every other XC40 year

YearMedian asking priceMedian mileageAdvertised
2026 £33,990 1,231 325
2025 £30,995 9,798 474
2024 £28,898 14,714 141
2023 — this page £25,485 27,074 329
2022 £21,995 35,488 256
2021 £19,982 39,099 200
2020 £18,998 49,504 125
2019 £17,498 56,926 109
2018 £16,698 63,003 50

More on the Volvo XC40

How this is measured. 2023 refers to the registration year. Figures are seven-day trailing medians over days that passed our data-quality checks, covering cars with recorded mileage above 1,000.

Comparisons between years describe different cars on sale today — a 2023 car next to a newer one — not one car losing value over time.

Market data through 10 August 2026, based on 7 days of measurements.

Similar cars at this price

Cars sharing this one's part of the market — same sort of age, fuel, size and mileage — regardless of badge.