Volvo XC40 Costs

Volvo XC40 Costs of Ownership

The average cost of owning a Volvo XC40 for 5 years is $45,429. This total will vary per vehicle, driver and location. These ownership expenses include:

The interactive chart below illustrates the relative proportion of each of the major costs of ownership. Click on any of the expenses boxes to see more detail.

Volvo XC40 CarEdge Value Rating

D-

This grade is our unbiased, trusted and candid financial assessment of whether the Volvo XC40 is likely to be a good or bad automobile investment. Learn more about our Value Ratings and methodolgy.

Volvo XC40 Depreciation

A Volvo XC40 will depreciate in value by $22,090 after 5 years. Depreciation is difficult to avoid, but it can be managed. Depreciation is the difference between the original sales price, and what the vehicle will be worth in the future. We use 5 years as an example in our analysis.

When new, a typically-equipped Volvo XC40 sells for $40,487 on average. After 5 years of depreciation, the average residual value will be $18,397. This represents the vehicle's retail market price. Trade-in and private sale prices will likely be lower. Use our Volvo XC40 Depreciation Calculator to see how model year and mileage will affect your resale value.

Volvo XC40 Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

Volvo XC40 Insurance

The average annual cost for auto insurance for a Volvo XC40 is $1,580, which adds up to $7,900 after 5 years of ownership. These insurance costs are estimates based on national averages for a 40 year old, with full coverage, a good driving record, and good credit. They also assume a single-car policy, and won't reflect any multi-car discounts. See our Volvo XC40 Insurance Tool to view rates by state, for different driver ages, credit ratings and driving history.

Volvo XC40 insurance rates will vary significantly between providers for the same coverage. If you've been with your current insurance company for more than a few years, you should get new quotes to make sure you're not overpaying. Try our Competitive Quote Tool or the form below to get free quotes to lower your insurance costs. Advertising Disclosure

Volvo XC40 Maintenance

Maintenance and repair costs for a Volvo XC40 will amount to $3,108 after 5 years. Expenses include scheduled maintenance, normal wear and tear items and expected repairs. These estimates exclude any free warranty work performed.

The region you live, and the way you care for and drive your vehicle can have a big impact on these costs. So, your results may vary significantly from our estimates. Our Volvo XC40 Maintenance Cost Estimator shows how much you are likely to spend, and the probabilities of a major repair over 10 years.


Volvo XC40 Financing Costs

The average cost to finance a new Volvo XC40 would be $4,741 after 5 years. This assumes a 72-month loan with an APR of 4.75% and a 20% down payment. Financing costs are a vehicle cost that you can control. Your interest expense can be greatly reduced by changing your loan term, improving your credit score, or increasing your down payment. If you don't know your credit score, or haven't checked in a while, it's completely free on Credit Karma.

Our Volvo XC40 Loan Calculator allows you to build a loan that's best suited for you. This handy utility will also help to keep you from becoming upside down, where you end up owing more than the vehicle is worth. You can estimate monthly payments and download the full amortization schedule as well. We've highlighted some typical loan scenarios in the table below. See what a difference a larger down payment will make in lowering your financing costs and your monthly payments.

Volvo XC40 Loans

Condition Term Down Payment
New 72 Month 0% Down 20% Down
New 60 Month 0% Down 20% Down
Used 48 Month 0% Down 20% Down
Used 36 Month 0% Down 20% Down

Volvo XC40 Fuel Economy

A Volvo XC40 gets an average of 26 MPG, which will cost a total of $7,590 for fuel after 5 years, or about $1,518 annually. These estimates are based on recently collected national average fuel prices, assuming 12,000 miles driven per year - 55% city and 45% highway. These figures also reflect current EPA estimates. Fuel costs will vary based on your driving style, fuel prices in your area, and the engine that will be in your vehicle. We used the Volvo XC40 models and engines below for our estimates:

Volvo XC40 MPG

Model Powertrain MPG (combined) City Hwy
XC40 AWD 4cyl, 2L, Auto(S8) 25 22 30
XC40 FWD 4cyl, 2L, Auto(S8) 27 23 33