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2023 Volvo XC40 Value
2023 Volvo XC40
2023 Volvo XC40 trade-in prices vary significantly by zip code, mileage, and condition. Get a more accurate value for your car with the Edmunds appraisal tool.
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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 vary significantly by zip code, mileage, and condition. Get a more accurate value for your car with the Edmunds appraisal tool.
Estimated values are currently unavailable.
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-$16,393
Based on Good Condition for five years
2023 Volvo XC40
B5 Ultimate Dark 4dr SUV AWD (2.0L 4cyl Turbo gas/electric mild hybrid 8A) with no options
Total Depreciation
2024
$28,454
-$5,167
2025
$25,283
-$3,171
2026
$22,642
-$2,641
2027
$19,930
-$2,712
2028
$17,228
-$2,702
Value breakdown
2023 Volvo XC40
B5 Ultimate Dark 4dr SUV AWD (2.0L 4cyl Turbo gas/electric mild hybrid 8A) with no options
YearCar ValueDepreciation
2024 (2023 Volvo XC40)$28,454-$5,167
2025 (2023 Volvo XC40)$25,283-$3,171
2026 (2023 Volvo XC40)$22,642-$2,641
2027 (2023 Volvo XC40)$19,930-$2,712
2028 (2023 Volvo XC40)$17,228-$2,702
Total Depreciation
Over five years
-$16,393
Helpful information about your 2023 Volvo XC40
Estimated Value Today
  • $29,580 - $31,348
  • 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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