Volvo
2024 XC40
- 46
- on the market
- $42,935
- median ask
- $40,100
- from (MSRP)
- 23
- trims
Gallery
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The market
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Trims & pricing
Shop listings| Trim | MSRP | Live | Trades at | Premium | Instrument |
|---|---|---|---|---|---|
| B5 Core Bright B5 Core Bright 4dr SUV AWD (2.0L 4cyl Turbo gas/electric mild hybrid 8A) | $40,100 | 3 | $35,495 | −$4,605 | YV4L12UKR |
| B5 Plus Dark B5 Plus Dark 4dr SUV AWD (2.0L 4cyl Turbo gas/electric mild hybrid 8A) | $45,000 | 15 | $39,233 | −$5,767 | YV4L12ULR |
| B5 Plus Bright B5 Plus Bright 4dr SUV AWD (2.0L 4cyl Turbo gas/electric mild hybrid 8A) | $45,000 | 4 | $35,916 | −$9,084 | YV4L12UER |
| B5 AWD Core Bright Theme Volvo XC40 | $46,500 | — | — | — | — |
| B5 AWD Core Dark Theme Volvo XC40 | $46,500 | — | — | — | — |
| B5 Ultimate Bright B5 Ultimate Bright 4dr SUV AWD (2.0L 4cyl Turbo gas/electric mild hybrid 8A) | $48,800 | 7 | $44,995 | −$3,805 | YV4L12UFR |
| B5 Ultimate Dark B5 Ultimate Dark 4dr SUV AWD (2.0L 4cyl Turbo gas/electric mild hybrid 8A) | $48,800 | 13 | $43,899 | −$4,901 | YV4L12UMR |
| B5 AWD Plus Bright Theme Volvo XC40 | $51,650 | — | — | — | — |
| B5 AWD Plus Dark Theme Volvo XC40 | $51,650 | — | — | — | — |
| Single Motor Core Single Motor Core 4dr SUV (electric DD) | $52,450 | — | — | — | — |
| Twin Motor Core Twin Motor Core 4dr SUV AWD (electric DD) | $54,200 | 1 | $47,797 | −$6,403 | YV4ER3XKR |
| Single Motor Plus Single Motor Plus 4dr SUV (electric DD) | $55,400 | 2 | $48,295 | −$7,105 | YV4EH3HLR |
| B5 AWD Ultimate Dark Theme Volvo XC40 | $56,150 | — | — | — | — |
| B5 AWD Ultimate Bright Theme Volvo XC40 | $56,150 | — | — | — | — |
| Twin Motor Plus Twin Motor Plus 4dr SUV AWD (electric DD) | $57,150 | 1 | $64,980 | +$7,830 | YV4ER3XLR |
| Single Motor Ultimate Single Motor Ultimate 4dr SUV (electric DD) | $58,800 | — | — | — | — |
| RWD Core Volvo XC40 Recharge Pure Electric | $59,950 | — | — | — | — |
| Twin Motor Ultimate Twin Motor Ultimate 4dr SUV AWD (electric DD) | $60,550 | — | — | — | — |
| Twin eAWD Core Volvo XC40 Recharge Pure Electric | $63,500 | — | — | — | — |
| RWD Plus Volvo XC40 Recharge Pure Electric | $68,000 | — | — | — | — |
| Twin eAWD Plus Volvo XC40 Recharge Pure Electric | $70,500 | — | — | — | — |
| RWD Ultimate Volvo XC40 Recharge Pure Electric | $72,250 | — | — | — | — |
| Twin eAWD Ultimate Volvo XC40 Recharge Pure Electric | $74,750 | — | — | — | — |
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 2023 Volvo C40 BEV, 2025 EC40, 2023-2024 XC40 BEV, 2020-2026 XC90 PHEV, 2022-2026 XC60 PHEV, 2023-2025 S60 PHEV, 2024-2025 V60 PHEV, and 2025-2026 EX40 and 2025 S90 PHEV vehicles. In certain driving scenarios while coasting down a hill and using "B" mode or "One Pedal Drive," the vehicle may lose brake function.
Potential consequence
A loss of brake function increases the risk of a crash.
Remedy
Owners are advised not to use "B" Mode (for plug-in hybrid vehicles) or "One Pedal Drive" (for pure electric vehicles) until the repair has been completed. The brake module software will be updated over-the-air (OTA) or by a dealer, free of charge. Owner notification letters were mailed July 15, 2025. Owners may contact Volvo Car's customer service at 1-800-458-1552. Volvo Car's number for this recall is R10329.
25V392000 · 11,469 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 may cause the left-rear turn signal not to work. Note: This problem would cause an error message to display on the instrument panel. Safety Risk: Turn signals that don't work may cause a person not to recognize when a driver intends to turn or change lanes and could increase the risk of a crash. Corrective Actions: Volvo will notify owners by mail and send a wireless over-the-air software update for the central electronic module. Alternatively, you may schedule an appointment to have the update performed at a Volvo dealership.
2024005 · 3,557 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 2024 XC40 vehicles. A diagnostic error in the Central Electronic Module (CEM) software may cause the left rear turn signal indicator to not function.
Potential consequence
A nonfunctioning exterior turn signal may not notify other drivers of a turning vehicle, increasing the risk of a crash.
Remedy
The CEM software will be updated by a dealer or through an over-the-air (OTA) update, free of charge. Owner notification letters were mailed February 16, 2024. Owners may contact Volvo Car customer service at 1-800-458-1552. Volvo Car's number for this recall is R10256.
24V010000 · 17,409 units in campaign · NHTSA
Applies only if the manufacturer confirms your VIN · repair by an authorized dealer
Keep going
elsewhere in CardogListingsEvery live 2024 XC40 on the market, filterable by trim, price, and distance.46 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.$42,935 median