Used 2004 Volvo V40

2004 Volvo V40
List Price Estimate
$1,464 - $3,217

Pros & Cons

  • Strong complement of safety features, affordable base price, smooth turbo engine, usable cargo space.
  • No manual transmission offered, lacks sporting intentions, pricing can quickly escalate with optional equipment installed.
Volvo V40 years

Edmunds' Expert Review

Though loaded with safety equipment, the V40 is hampered by its small size and aging underpinnings.

2004 Highlights

The V40 remains largely unchanged for the 2004 model year although an upscale LSE trim version is added. There are also minor revisions to the front fascia, and the audio system now comes prewired for a CD changer, whereas last year's version required an owner to purchase that option.


Overallundefined / 5

Consumer reviews

Read what other owners think about the 2004 Volvo V40.

5 star reviews: 61%
4 star reviews: 22%
3 star reviews: 9%
2 star reviews: 4%
1 star reviews: 4%
Average user rating: 4.3 stars based on 23 total reviews

Trending topics in reviews

  • interior
  • comfort
  • appearance
  • fuel efficiency
  • seats
  • driving experience
  • safety
  • ride quality
  • electrical system
  • off-roading
  • brakes
  • warranty
  • transmission
  • lights
  • oil
  • maintenance & parts
  • engine
  • sound system
  • infotainment system
  • value
  • handling & steering
  • towing
  • spaciousness
  • reliability & manufacturing quality
  • wheels & tires

Most helpful consumer reviews

3 out of 5 stars, 280,000 miles and going strong
4dr Wagon (1.9L 4cyl Turbo 5A)

First: This is my first Volvo. I (mostly) do my own work and I bought the car with 90,000 miles on it. Its a Volvo, it has it's demons, the dealership is the greatest of those demons, avoid going there at all costs. Find a good independent Volvo garage. I love this car, for the price I paid, and the miles put on it. That would not be the case if I had to bring it to a garage. Over the 5 years I have owned it I have replaced the brake pads, rotors, plugs, battery, front and rear struts, tie rods, tires, transmission, front speakers, various dashboard lights (now it's like new!). The check engine light is always on (catylitic converter). I live with it. This car is great on the highway (29 mpg). It prefers Premium gasoline. Leather seats and interior is very comfy (for a single guy) if you drive a lot... and you can fit 5 2x4x10's inside with practice. This model year (2001-2004) is known for weak transmissions (2001-2002 especially) (I blew my transmission towing a heavy load - not the cars falt), a poor steering rack (you have to remove the engine to replace it) and vacuum leaks that can drive you nuts. I live in new England and this is the first car I have owned with this many miles with NO RUST. I think the poor transmission is why there are so few of these on the road in the states - the cost to replace is the replacement cost at this point. I am looking for another used one, 2004 if possible with low miles-at 1.8 cents per mile for my purchase price its a great value.

3.875 out of 5 stars, Low Reliability, High Maintenance!

Second set of brakes being replaced after only 89000 KMS (55000 miles). Rear brake pads and discs failed after 24000 miles, replacement of pads and discs= brake job. Now front brakes, pads and discs have failed with rear breaks @ 40%. Typical service is no maintenance but diagonistics with simple oil change costing minimum of $200 and full service around $400. Break jobs are $1000 (CDN) Brakes are not warranteed items and no wonder why. New brake pads and disc on back order in Ottawa and require special delivery and no wonder why. Volvo for life sentence or 15000 miles which ever is less. Never again Volvo. Switching to Toyota, Mazda, Honda, Nissan.

5 out of 5 stars, Volvo replaces a winner

I don't understand why Volvo replaced this pure winner in 2005. We went shopping for a Mini or something similar to offset the gas guzzling mileage of our SUVs and found this V40 wagon small enough, wonderfully fuel efficient (occasionally averaging 30 mpgs for a tankful), with quality fit and finish and ever so much more practical than compact sedans. It is responsive in every way, has been great in the snow, and is fun to drive. It is the perfect car for an empty nest couple who still need to move things from place to place and are still young enough to want a great driving drive vehicle.

3.625 out of 5 stars, Bitter-Sweet Feelings for the Vovo V40

On the first long trip, the engine light came up. Then again, and again. For the first 2000 miles drive, the car was 15 days in the dealership service bay. Then, the best feature of its turbo was not set right. The dash lights keep coming up every now and then without any pattern. Still not fully 'exorcised' and the warranty is over. I will probably never buy a Volvo again, safety or no safety! If your car transmission dies suddenly on a freeway, I don't know how you call it safe or reliable. But only one thing I like about it, the peppy turbo charged engine. Muscle car drivers hate its guts!

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Features & Specs

4dr Wagon features & specs
4dr Wagon
1.9L 4cyl Turbo 5A
MPG 19 city / 27 hwy
Seats 5
5-speed automatic
170 hp @ 5500 rpm

LSE 4dr Wagon features & specs
LSE 4dr Wagon
1.9L 4cyl Turbo 5A
MPG 19 city / 27 hwy
Seats 5
5-speed automatic
170 hp @ 5500 rpm

See all Used 2004 Volvo V40 features & specs


Is the Volvo V40 a good car?

The Edmunds experts tested the 2004 V40 both on the road and at the track. You probably care about Volvo V40 fuel economy, so it's important to know that the V40 gets an EPA-estimated 22 mpg. What about cargo capacity? When you're thinking about carrying stuff in your new car, keep in mind that the V40 has 33.5 cubic feet of trunk space. And then there's safety and reliability. Edmunds has all the latest NHTSA and IIHS crash-test scores, plus industry-leading expert and consumer reviews to help you understand what it's like to own and maintain a Volvo V40. Learn more

Is the Volvo V40 reliable?

To determine whether the Volvo V40 is reliable, read Edmunds' authentic consumer reviews, which come from real owners and reveal what it's like to live with the V40. Look for specific complaints that keep popping up in the reviews, and be sure to compare the V40's average consumer rating to that of competing vehicles. Learn more

Is the 2004 Volvo V40 a good car?

There's a lot to consider if you're wondering whether the 2004 Volvo V40 is a good car. Safety scores, fuel economy, cargo capacity and feature availability should all be factors in determining whether the 2004 V40 is a good car for you. Check back soon for the official Edmunds Rating from our expert testing team Learn more

How much should I pay for a 2004 Volvo V40?

The least-expensive 2004 Volvo V40 is the 2004 Volvo V40 4dr Wagon (1.9L 4cyl Turbo 5A). Including destination charge, it arrives with a Manufacturer's Suggested Retail Price (MSRP) of about $25,700.

Other versions include:

  • 4dr Wagon (1.9L 4cyl Turbo 5A) which starts at $25,700
  • LSE 4dr Wagon (1.9L 4cyl Turbo 5A) which starts at $29,845
Learn more

What are the different models of Volvo V40?

If you're interested in the Volvo V40, the next question is, which V40 model is right for you? V40 variants include 4dr Wagon (1.9L 4cyl Turbo 5A), and LSE 4dr Wagon (1.9L 4cyl Turbo 5A). For a full list of V40 models, check out Edmunds’ Features & Specs page. Learn more

More about the 2004 Volvo V40

Used 2004 Volvo V40 Overview

The Used 2004 Volvo V40 is offered in the following submodels: V40 Wagon. Available styles include 4dr Wagon (1.9L 4cyl Turbo 5A), and LSE 4dr Wagon (1.9L 4cyl Turbo 5A).

What do people think of the 2004 Volvo V40?

Consumer ratings and reviews are also available for the 2004 Volvo V40 and all its trim types. Overall, Edmunds users rate the 2004 V40 4.3 on a scale of 1 to 5 stars. Edmunds consumer reviews allow users to sift through aggregated consumer reviews to understand what other drivers are saying about any vehicle in our database. Detailed rating breakdowns (including performance, comfort, value, interior, exterior design, build quality, and reliability) are available as well to provide shoppers with a comprehensive understanding of why customers like the 2004 V40.

Edmunds Expert Reviews

Edmunds experts have compiled a robust series of ratings and reviews for the 2004 Volvo V40 and all model years in our database. Our rich content includes expert reviews and recommendations for the 2004 V40 featuring deep dives into trim levels and features, performance, mpg, safety, interior, and driving. Edmunds also offers expert ratings, road test and performance data, long-term road tests, first-drive reviews, video reviews and more.

Our Review Process

This review was written by a member of Edmunds' editorial team of expert car reviewers. Our team drives every car you can buy. We put the vehicles through rigorous testing, evaluating how they drive and comparing them in detail to their competitors.

We're also regular people like you, so we pay attention to all the different ways people use their cars every day. We want to know if there's enough room for our families and our weekend gear and whether or not our favorite drink fits in the cupholder. Our editors want to help you make the best decision on a car that fits your life.

What's a good price for a New 2004 Volvo V40?

Which 2004 Volvo V40s are available in my area?

Shop Edmunds' car, SUV, and truck listings of over 6 million vehicles to find a cheap new, used, or certified pre-owned (CPO) 2004 Volvo V40 for sale near. Simply research the type of car you're interested in and then select a car from our massive database to find cheap vehicles for sale near you. Once you have identified a used vehicle you're interested in, check the AutoCheck vehicle history reports, read dealer reviews, and find out what other owners paid for the 2004 Volvo V40.

Can't find a new 2004 Volvo V40s you want in your area? Consider a broader search.

Find a new Volvo V40 for sale - 6 great deals out of 17 listings starting at $17,168.

Find a new Volvo for sale - 1 great deals out of 19 listings starting at $10,856.

Why trust Edmunds?

Edmunds has deep data on over 6 million new, used, and certified pre-owned vehicles, including rich, trim-level features and specs information like: MSRP, average price paid, warranty information (basic, drivetrain, and maintenance), features (upholstery, bluetooth, navigation, heated seating, cooled seating, cruise control, parking assistance, keyless ignition, satellite radio, folding rears seats ,run flat tires, wheel type, tire size, wheel tire, sunroof, etc.), vehicle specifications (engine cylinder count, drivetrain, engine power, engine torque, engine displacement, transmission), fuel economy (city, highway, combined, fuel capacity, range), vehicle dimensions (length, width, seating capacity, cargo space), car safety, true cost to own. Edmunds also provides tools to allow shopper to compare vehicles to similar models of their choosing by warranty, interior features, exterior features, specifications, fuel economy, vehicle dimensions, consumer rating, edmunds rating, and color.

Should I lease or buy a 2004 Volvo V40?

Is it better to lease or buy a car? Ask most people and they'll probably tell you that car buying is the way to go. And from a financial perspective, it's true, provided you're willing to make higher monthly payments, pay off the loan in full and keep the car for a few years. Leasing, on the other hand, can be a less expensive option on a month-to-month basis. It's also good if you're someone who likes to drive a new car every three years or so.

Check out Volvo lease specials