Volvo
2022 XC40
- 26
- on the market
- $32,245
- median ask
- $35,100
- from (MSRP)
- 33
- trims
The market
Open in QuoteMedian ask
—
- —
- best
- —
- avg days listed
- —
- cuts · 30d
Trims & pricing
Shop listings| Trim | MSRP | Live | Trades at | Premium | Instrument |
|---|---|---|---|---|---|
| T4 Momentum T4 Momentum 4dr SUV (2.0L 4cyl Turbo 8A) | $35,100 | — | — | — | — |
| T5 Momentum T5 Momentum 4dr SUV AWD (2.0L 4cyl Turbo 8A) | $37,100 | 5 | $31,995 | −$5,105 | YV4162UKN |
| T4 AWD Momentum Volvo XC40 | $39,950 | — | — | — | — |
| T4 R-Design T4 R-Design 4dr SUV (2.0L 4cyl Turbo 8A) | $40,350 | — | — | — | — |
| T4 Inscription T4 Inscription 4dr SUV (2.0L 4cyl Turbo 8A) | $40,850 | — | — | — | — |
| T5 R-Design T5 R-Design 4dr SUV AWD (2.0L 4cyl Turbo 8A) | $42,350 | 18 | $30,988 | −$11,362 | YV4162UMN |
| T5 Inscription T5 Inscription 4dr SUV AWD (2.0L 4cyl Turbo 8A) | $42,850 | 3 | $33,198 | −$9,652 | YV4162ULN |
| T5 AWD Momentum Volvo XC40 | $43,000 | — | — | — | — |
| T5 AWD R-Design Volvo XC40 | $48,700 | — | — | — | — |
| T5 AWD Inscription Volvo XC40 | $49,750 | — | — | — | — |
| Core Core 4dr SUV AWD (electric DD) | $51,700 | — | — | — | — |
| Plus Plus 4dr SUV AWD (electric DD) | $55,300 | — | — | — | — |
| Ultimate Ultimate 4dr SUV AWD (electric DD) | $58,150 | — | — | — | — |
| P8 eAWD Core Volvo XC40 Recharge Pure Electric | $59,950 | — | — | — | — |
| P8 eAWD Plus Volvo XC40 Recharge Pure Electric | $68,950 | — | — | — | — |
| P8 eAWD Ultimate Volvo XC40 Recharge Pure Electric | $71,800 | — | — | — | — |
| Recharge Pure Electric 78 kWh (408 Hp) AWD Twin Motor Recharge Pure Electric 78 kWh (408 Hp) AWD Twin Motor | — | — | — | — | — |
| 1.5 T4 TwEn (211 Hp) Plug-in Hybrid DCTH 1.5 T4 TwEn (211 Hp) Plug-in Hybrid DCTH | — | — | — | — | — |
| 1.5 Recharge Plug-in Hybrid T4 (211 Hp) DCTH 1.5 Recharge Plug-in Hybrid T4 (211 Hp) DCTH | — | — | — | — | — |
| 2.0 B3 (163 Hp) Mild Hybrid Automatic 2.0 B3 (163 Hp) Mild Hybrid Automatic | — | — | — | — | — |
| 2.0 B5 (250 Hp) Mild Hybrid AWD Automatic 2.0 B5 (250 Hp) Mild Hybrid AWD Automatic | — | — | — | — | — |
| Recharge Twin 78 kWh (408 Hp) AWD Recharge Twin 78 kWh (408 Hp) AWD | — | — | — | — | — |
| 1.5 T2 (129 Hp) Automatic 1.5 T2 (129 Hp) Automatic | — | — | — | — | — |
| Recharge 82 kWh (252 Hp) Single Motor Extended Range Recharge 82 kWh (252 Hp) Single Motor Extended Range | — | — | — | — | — |
| Recharge Pure Electric 69 kWh (231 Hp) Single Motor Recharge Pure Electric 69 kWh (231 Hp) Single Motor | — | — | — | — | — |
| 1.5 T2 (129 Hp) 1.5 T2 (129 Hp) | — | — | — | — | — |
| Recharge 82 kWh (408 Hp) Twin Motor AWD Recharge 82 kWh (408 Hp) Twin Motor AWD | — | — | — | — | — |
| 2.0 B4 (197 Hp) Mild Hybrid Automatic 2.0 B4 (197 Hp) Mild Hybrid Automatic | — | — | — | — | — |
| 2.0 B4 (197 Hp) Mild Hybrid AWD Automatic 2.0 B4 (197 Hp) Mild Hybrid AWD Automatic | — | — | — | — | — |
| Recharge 69 kWh (231 Hp) Recharge 69 kWh (231 Hp) | — | — | — | — | — |
| 1.5 T5 TwEn (262 Hp) Plug-in Hybrid DCTH 1.5 T5 TwEn (262 Hp) Plug-in Hybrid DCTH | — | — | — | — | — |
| Recharge 69 kWh (238 Hp) Single Motor Recharge 69 kWh (238 Hp) Single Motor | — | — | — | — | — |
| 1.5 Recharge Plug-in Hybrid T5 (262 Hp) DCTH 1.5 Recharge Plug-in Hybrid T5 (262 Hp) DCTH | — | — | — | — | — |
Safety & recalls
Full recall reportIssue: On certain vehicles, a software problem could cause the rearview camera image not to display when the transmission is shifted into reverse. Note: This recall replaces Transport Canada recall no. 2025-233. Vehicles that were repaired under that recall also require this repair. Safety Risk: A rearview camera image that doesn't display could reduce a driver's ability to see behind the vehicle while backing up. This could increase the risk of a crash. Corrective Actions: Volvo will notify owners by mail and send a wireless over-the-air software update to eligible vehicles to update the vehicle software. Alternatively, you may schedule an appointment to have the update performed at a Volvo dealership.
2025718 · 40,673 units in campaign · Transport Canada
Applies only if the manufacturer confirms your VIN · repair by an authorized dealer
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."
Potential consequence
A rearview camera image that does not display reduces the driver's view behind the vehicle, increasing the risk of a crash.
Remedy
The software will be updated by a dealer or through an over-the-air (OTA) update, free of charge. Owner notification letters were mailed February 24, 2026. Owners may contact Volvo Car’s customer service at 1-800-458-1552. Volvo Car's number for this recall is R10333. Vehicle Identification Numbers (VINs) involved in this recall will be searchable on NHTSA.gov beginning February 16, 2026. This recall replaces previous NHTSA recall number 25V282. Vehicles previously repaired under recall 25V282 will need to have the new remedy performed.
25V908000 · 413,151 units in campaign · NHTSA
Applies only if the manufacturer confirms your VIN · repair by an authorized dealer
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."
Potential consequence
A rearview camera image that does not display reduces the driver's view of what is behind the vehicle, increasing the risk of a crash.
Remedy
The software will be updated by a dealer or through an over-the-air (OTA) update, free of charge. Owner notification letters were mailed June 27, 2025. Owners may contact Volvo Car customer service at 1-800-458-1552. Volvo Car's number for this recall is R10320.
25V282000 · 413,151 units in campaign · NHTSA
Applies only if the manufacturer confirms your VIN · repair by an authorized dealer
Issue: On certain vehicles, a software problem could cause the rearview camera image not to display when the transmission is shifted into reverse. Safety Risk: A rearview camera image that doesn't display could reduce a driver's ability to see behind the vehicle while backing up. This could increase the risk of a crash. Corrective Actions: Volvo will notify owners by mail and send a wireless over-the-air software update to eligible vehicles to update the vehicle software. Alternatively, you may schedule an appointment to have the update performed at a Volvo dealership.
2025233 · 40,673 units in campaign · Transport Canada
Applies only if the manufacturer confirms your VIN · repair by an authorized dealer
Issue: On certain vehicles, a software problem could cause the top-view camera to display instead of the rearview camera image when you are reversing. Canadian regulations require the rearview image to display when reversing. Note: This recall only affects vehicles equipped with a 360-degree park assist camera. Safety Risk: A rearview camera image that does not display could reduce a driver's ability to see behind the vehicle while backing up. This could increase the risk of a crash. Corrective Actions: Volvo will notify owners in writing and send a wireless over-the-air update to each vehicle. If the update cannot be completed successfully, or for vehicles without over-the-air (OTA) update capability, Volvo will instruct you to schedule an appointment to have the update performed by a dealer.
2022595 · 31,117 units in campaign · Transport Canada
Applies only if the manufacturer confirms your VIN · repair by an authorized dealer
Issue: On certain XC40 Recharge models, water may enter the wire harness for the accelerator pedal. If this happens, the accelerator pedal may not work properly. This problem could also cause the vehicle not to start. Safety Risk: An accelerator pedal that does not work properly could cause a loss of power to the wheels or a sudden unintended acceleration. Both could increase the risk of a crash. Corrective Actions: Volvo will notify owners by mail and instruct you to take your vehicle to a dealership to add a cable splice to the accelerator pedal wiring.
2022216 · 459 units in campaign · Transport Canada
Applies only if the manufacturer confirms your VIN · repair by an authorized dealer
Volvo Car USA, LLC (Volvo Car) is recalling certain 2021-2022 XC40 Recharge vehicles. The Battery Energy Control Module (BECM) microprocessor may reset and cause the high voltage system to disconnect.
Potential consequence
A disconnected high voltage system can cause a loss of drive power, increasing the risk of a crash.
Remedy
Volvo Car will notify owners, and dealers will install a software update, free of charge. The recall began March 30, 2021. Owners may contact Volvo Car customer service at 1-888-458-1552. Volvo Car's number for this recall is R10078.
21V109000 · 2,278 units in campaign · NHTSA
Applies only if the manufacturer confirms your VIN · repair by an authorized dealer
Keep going
elsewhere in CardogListingsEvery live 2022 XC40 on the market, filterable by trim, price, and distance.26 liveRecall reportRecalls listed for this model year, with defect, risk, and remedy, and the manufacturer's VIN lookup to confirm.7 campaignsQuoteThe instrument view — price history, market depth, and trim-level comparisons.$32,245 median