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2023 Volvo XC40 Value2023 Volvo XC40 trade-in prices range from $21,666 - $34,857. Get a more accurate value for your car with the Edmunds appraisal tool. - Find Out What Your Car's Worth

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Estimated values for the 2023 Volvo XC40
Values based on 12,000 miles driven per year, with no color or options selected. 2023 Volvo XC40 trade-in prices range from $21,666 - $34,857. Get a more accurate value for your car with the Edmunds appraisal tool.
B5 Ultimate Bright 4dr SUV AWD (2.0L 4cyl Turbo gas/electric mild hybrid 8A) with no options
ConditionTrade-InPrivate PartyDealer Retail
Outstanding$27,590$30,091$32,916
Clean$27,279$29,728$32,493
Average$26,761$29,123$31,788
Rough$26,088$28,337$30,871
Know the value of your 2023 Volvo XC40 over time
Did you know your car depreciates every year? Here is a guide to help you understand the value of your car.
Total Depreciation-$17,696
Based on Good Condition for five years
2023 Volvo XC40
B5 Ultimate Bright 4dr SUV AWD (2.0L 4cyl Turbo gas/electric mild hybrid 8A) with no options
Total Depreciation
2024
$27,633
-$5,346
2025
$24,355
-$3,278
2026
$21,269
-$3,086
2027
$18,221
-$3,048
2028
$15,283
-$2,938
Value breakdown
2023 Volvo XC40
B5 Ultimate Bright 4dr SUV AWD (2.0L 4cyl Turbo gas/electric mild hybrid 8A) with no options
YearCar ValueDepreciation
2024 (2023 Volvo XC40)$27,633-$5,346
2025 (2023 Volvo XC40)$24,355-$3,278
2026 (2023 Volvo XC40)$21,269-$3,086
2027 (2023 Volvo XC40)$18,221-$3,048
2028 (2023 Volvo XC40)$15,283-$2,938
Total Depreciation
Over five years
-$17,696
Helpful information about your 2023 Volvo XC40
Estimated Value Today
  • $27,279 - $29,728
  • Based on good condition.
Depreciation Insights
  • Different cars depreciate at different rates.
  • In general, new cars lose 60% of their MSRP in the first five years.
Know Your Car’s Worth
  • Nearly every vehicle depreciates over time.
  • With our free appraisal tool, you can get an accurate price for your car in minutes.
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