2001 Volvo V40 Review
Price Estimate: $765 - $1,195





+5
Edmunds' Expert Review
by the Edmunds Experts
Pros
- Strong complement of safety features, affordable base price, upscale interior.
Cons
- No manual transmission offered, lacks sporting intentions, pricing can quickly escalate with optional equipment installed.
What’s new
Only a year after debuting them on U.S. shores, Volvo has updated the S40 and V40 for 2001. Both the sedan and wagon gain additional crash protection in the form of standard head-protection airbags, dual-stage front airbags and a new child seat-safety system. Under the hood, engine improvements have been made to increase power and lower emissions. There's also a new five-speed automatic transmission that takes the place of the previous four-speed. Other changes are found in the cabin, with new material colors, a redesigned center stack for better functionality, more durable front-seat materials and improved switchgear. Rounding out the S40 and V40's 2001 changes are restyled headlights, bumpers and fenders.
Edmunds says
Small but loaded with safety equipment, the V40 is, unfortunately, too expensive to compete with the VW Jetta Wagon and too small to take on the VW Passat Wagon.
For sale nearby
1 listings
- $2,995
- 153,398 miles
- No accidents, 4 owners, personal use
- 4cyl automatic
- Trinity Truck & SUV (2,427 mi away)
- Sunroof/Moonroof
- Power Driver Seat
- Auto Climate Control
- Trip Computer
- Rear Bench Seats
Close
Located in Chula Vista, CA
AutoCheck Vehicle History Summary
Accident Free Vehicle: Yes
Personal Use Only: Yes
History Provider: AutoCheck
Title Details: Clean Title
Salvage Vehicle: No
Frame Damage: No
Theft History: No
Lemon Status: No
Free History Report: No
Features and Specs:
23 Combined MPG (20 City/29 Highway)
Listing Information:
VIN: YV1VW29561F631844
Stock: 631844
Certified Pre-Owned: No
Vehicle overview
Now in their second year, the S40 Sedan and V40 Wagon are Volvo's smallest and most affordable vehicles. Designed to appeal to younger buyers, the S40 and V40 offer impressive levels of safety equipment and an upscale image.
For 2001, Volvo has given the S40 and V40 standard Inflatable Curtain (IC) head-protection airbags, a system found on other, more expensive Volvo models. The curtains, one on each side, are woven in one piece and hidden inside the roof lining. When deployed, they cover the upper part of the interior, from the A-pillar to the rear side C-pillar, thereby protecting the occupants in the front and rear seats.
Additional crash protection comes from whiplash-reducing front seats, dual-stage front airbags, side airbags for front passengers and seatbelt pre-tensioners. Another safety addition for 2001 is ISO-FIX, a new child seat-safety system. The ISO-FIX system allows owners to safely and conveniently attach and detach a child or infant seat that is a perfect fit for the car.
All S40/V40s are equipped with a turbocharged, 160-horsepower, 1.9-liter four-cylinder engine. Volvo has made minor improvements to the engine for 2001, resulting in increased torque, better fuel mileage and lower emissions. The only transmission available is a new five-speed automatic transmission.
Inside, the S40 and V40 offer a remarkable combination of luxury and value. Comfortable and supportive front seats have that Swedish feel we've come to expect from Volvo's high-end cars, and the interior materials are of high quality for a sub-$40,000 vehicle. The 2001's center stack is updated to be more comfortable and functional. The stack is now more anatomically and ergonomically designed, bearing a much stronger resemblance to the designs found in the V70 and S80. The climate control unit is easier to use and the radio controls are more stylish. Other changes we're glad to see is the addition of a storage area on the center console and window switches relocated to the driver's door panel.
On the road, Volvo has tuned the S40 and V40 to being fairly taut, though comfort ultimately takes precedence over performance. If you are looking for performance, Audi's A4 or BMW's 3 Series are better choices. Still, the MacPherson struts up front, the rear multilink rear suspension and the rack-and-pinion steering system bring a distinctly Teutonic flavor to these Swedish sedans and wagons.
If you are in the market for an upscale compact sedan or wagon, Volvo's S40 or V40 should be considered, especially if safety is one of your high priorities. The main thing to watch out for is choosing optional equipment. A full load of options can bloom the price of these cars considerably.
Cost to DriveCost to drive estimates for the 2001 Volvo V40 4dr Wagon (1.9L 4cyl Turbo 5A) and comparison vehicles are based on 15,000 miles per year (with a mix of 55% city and 45% highway driving) and energy estimates of $3.97 per gallon for premium unleaded in New York.
Monthly estimates based on costs in New York
$206/mo for V40 Base
V40 Base
vs
$166/mo
Avg. Compact Car
See Edmunds pricing data
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Volvo V40 Reviews
Owner Reviews
5(48%)
4(37%)
3(6%)
2(7%)
1(2%)
Most Helpful Owner Reviews
Trending topics
Best car I have ever owned
4.75 out of 5 starsishq, 04/06/2012
2000 Volvo V40 4dr Wagon
Solid, reliable, sporty and can fit everything either in it or on it.
I purchased this car after a friend wrapped his Volvo around a telephone pole and walked away w/only a scratch or two.
I was surprised to find out how nimble this little wagon is.
Must get V rated tires, but it is worth it.
Kept up w/maintenance schedule, and has run like a charm for 195,000 miles.
Showing no signs of … quitting soon.
Highly recommend this car.
Oil City
2 out of 5 starsTooth E. Grin, 12/28/2015
2001 Volvo V40 4dr Wagon (1.9L 4cyl Turbo 5A)
After only four months of ownership my V40 started leaking oil. I got estimates ranging from $950 to $1,700 basically, to replace all seals because nobody was really certain as to where the oil was coming from. It was not a good situation because the oil was dangerously close to the timing belt. It wasn't a bad leak: probably a quart every 7,500 miles. I checked the belt … periodically (it was changed around 90,000) and it always looked dry. After three years, the belt slipped. Luckily, it didn't damage the cylinders (it ran for only about three seconds while in my garage-----luckily, I wasn't doing 70 mph out on the highway!). Since then I've encountered a myriad of problems. Most recently, the #1 cylinder started missing and need a new ignition coil. Then, it would just refuse to start (had to be put into neutral----------'never did this before!!). I drive a lot. And I work sometimes over 100 miles from home. This was a great car, but I've lost my confidence in it.
Love my Volvo Wagon
4.38 out of 5 starsLeah M, 05/22/2010
2000 Volvo V40 4dr Wagon
I love this wagon and sadly now looking at having to replace it soon. I drive a lot, have over 208,000 miles, and have had three to four minor crashes in this car. However, I have never been injured and walked away fine. Three times I have been rear ended and the next day, no neck pain or injury, I felt nothing. The first time I found out the frame was bent from the impact! This has … been a great car for driving and on gas mileage, with a few issues, but overall I love it and it has served me well.
From Texas
4.38 out of 5 starsused v40, 10/28/2003
2001 Volvo V40 4dr Wagon (1.9L 4cyl Turbo 5A)
USED 2001 V40 with 41580 miles to
start. The looks are showroom quality.
It has a loud deep bass hum the VOLVO
tech said "that's how it sounds." I
drove from TEXAS to NYC. 1800 miles in
2 days that's 30 hours not incld stops
for food, the toilet and gas. No
problem for me, but the car? The V40
great. Smooth ride on the freeway,
sport like on the city interchanges
and … streets. Stopped 7 times, 55
gallons of gas and actually drove
1900.2 miles. I avg 70 mph and 34.6
mpg, not bad for any car. I am not
the "a button for eveything" type. The
interior is plain, many of
the "buttons" are muti-functional. The
trunk is spacious for a compact
wagon.
We have a limited number of reviews for the 2001 Volvo V40, so we've included reviews for other years of the V40 since its last redesign.
2001 V40 Highlights
Base
Base MSRP Excludes Destination Fee | $24,550 |
---|---|
Engine Type | Gas |
Combined MPG | 23 MPG |
Cost to Drive | $206/month |
Seating | 5 seats |
Drivetrain | front wheel drive |
Warranty | 4 years / 50,000 miles |
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