Depreciation & used values · SUV
Volvo XC40 depreciation
The Volvo XC40 loses about 37% of its value in its first three years. From a list price of £38,500, a 2023 example with around 26,000 miles on the clock is worth about £18,600 today. The year-by-year table below values every age of XC40 at its typical mileage, from the same model behind its full profile.
Value by registration year
What a used XC40 is worth, year by year
Each row values that year's XC40 at its typical mileage (8,596 miles a year). The headline is the midpoint of a private sale and a dealer forecourt price; the range reflects condition and history.
| Reg year | Age | Typical miles | Est. value | Likely range | Of new price |
|---|---|---|---|---|---|
| 2026 | <1 yr | 4,500 | £32,000 | £29,300–£34,700 | 83% |
| 2025 | 1 yr | 8,500 | £26,350 | £24,000–£28,700 | 70% |
| 2024 | 2 yrs | 17,000 | £22,500 | £20,400–£24,600 | 62% |
| 2023 | 3 yrs | 26,000 | £18,600 | £16,800–£20,400 | 52% |
| 2022 | 4 yrs | 34,500 | £16,500 | £14,800–£18,150 | 49% |
| 2021 | 5 yrs | 43,000 | £15,450 | £13,800–£17,050 | 48% |
| 2020 | 6 yrs | 51,500 | £13,500 | £12,000–£14,950 | 43% |
| 2019 | 7 yrs | 60,000 | £11,750 | £10,400–£13,050 | 39% |
| 2018 | 8 yrs | 69,000 | £10,050 | £8,900–£11,250 | 35% |
Values are the Forecourt model's estimate at each age's typical mileage, not offers. For a specific mileage, trim and region, use the full XC40 profile →
The depreciation curve
Share of original value retained by age (to 8 years). The same curve drives the interactive chart on the profile.
Best time to buy or sell
Buy — Past the steep drop — most of the depreciation is behind it
- Loses about 7% a year around 3 years old
- Steepest losses are over by about 3 years
- UK numbers growing (+21.0% year on year)
- Reliability 90/100
XC40 depreciation — quick answers
How much does a Volvo XC40 depreciate?
The Volvo XC40 loses about 37% of its value in the first three years. A 2023 example with around 26,000 miles is worth about £18,600 today.
What is a 2023 Volvo XC40 worth?
A 2023 Volvo XC40 at a typical 26,000 miles is worth about £18,600 — likely between £16,800 and £20,400 depending on condition and history.
When is the best time to buy or sell a Volvo XC40?
Past the steep drop — most of the depreciation is behind it. It loses about 7.5% a year around 3 years old, with the steepest losses over by roughly 3 years.