Used Volvo XC40 for Sale near Goffs, NS
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Blue
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 22,310
- Stock #:
- 49626
- VIN:
- YV4L12UE0R2223729

2024 Volvo XC40
B5 Plus Bright Theme AWD
22,310 km
$36,258
- Year:
- 2026
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Blue
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Gray
- Transmission:
- Automatic
- Mileage:
- 7,136
- Stock #:
- 710349
- VIN:
- YV4L12UD6T2710349

2026 Volvo XC40
B5 Ultra Black Edition AWD
7,136 km
$53,086
- Year:
- 2021
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior colour:
- Fusion Red
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 139,367
- Stock #:
- H4381A
- VIN:
- YV4162UK9M2551805

2021 Volvo XC40
T5 Momentum AWD
139,367 km
$20,664
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- 72510-FUSION_RED_M
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Blond
- Transmission:
- Automatic
- Mileage:
- 31,500
- Stock #:
- 112026
- VIN:
- YV4L12UL0R2213720

2024 Volvo XC40
B5 Plus Dark Theme AWD
31,500 km
$41,408
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 36,633
- Stock #:
- VL-055
- VIN:
- YV4L12UWXP2959406

2023 Volvo XC40
B5 Plus Dark Theme AWD
36,633 km
$37,208
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Blue
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 54,500
- Stock #:
- 114726
- VIN:
- YV4L12UF9P2927885

-$2,671
2023 Volvo XC40
B5 Ultimate Bright Theme AWD
54,500 km
$36,966
$36,708
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Fjord Blue
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 34,762
- Stock #:
- P6264
- VIN:
- YV4L12UL7R2228134

2024 Volvo XC40
B5 Plus Dark Theme AWD
34,762 km
$40,034
- Year:
- 2026
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 18,451
- Stock #:
- VPS7773
- VIN:
- YV4L12UD2T2777773

2026 Volvo XC40
B5 Ultra Black Edition AWD
18,451 km
$53,492
- Year:
- 2022
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior colour:
- Onyx Black
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 63,113
- Stock #:
- P6277
- VIN:
- YV4162UM5N2772904

2022 Volvo XC40
T5 R-Design AWD
63,113 km
$33,296
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Exterior colour:
- Black
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 56,700
- Stock #:
- 23-096069
- VIN:
- YV4K92UV3P2096069

2023 Volvo XC40
B4 Core AWD
56,700 km
$32,498
- Year:
- 2022
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior colour:
- Onyx Black
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Blond
- Transmission:
- Automatic
- Mileage:
- 49,126
- Stock #:
- H4512A
- VIN:
- YV4162UK9N2788585

2022 Volvo XC40
T5 Momentum AWD
49,126 km
$32,396
- Year:
- 2025
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Green
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 27,496
- Stock #:
- D1813
- VIN:
- YV4L12UC6S2573029

2025 Volvo XC40
B5 Plus Dark Theme AWD
27,496 km
$42,848
- Year:
- 2022
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior colour:
- Black
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 78,962
- Stock #:
- VPA9629
- VIN:
- YV4162UM0N2779629
Photos coming soon
2022 Volvo XC40
T5 R-Design AWD
78,962 km
$29,998
Recommended model year:
2022 Volvo XC40
Shop 2022 Volvo XC40 »With 75 currently listed for sale and an average price of $31,553 CAD, 28.0% of 2022 Volvo XC40 listings on CarGurus are rated as good or great deals.
Favourably reviewed: CarGurus experts gave it an 8.5 / 10.
- Year:
- 2022
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior colour:
- White
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 146,696
- Stock #:
- VN861057A
- VIN:
- YV4162UM1N2742007

2022 Volvo XC40
T5 R-Design AWD
146,696 km
$25,998
- Year:
- 2026
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- White
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 20,578
- Stock #:
- VPA0729
- VIN:
- YV4L12UM3T2780729
Photos coming soon
2026 Volvo XC40
B5 Ultra AWD
20,578 km
$50,300
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Green
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 26,163
- Stock #:
- D1804
- VIN:
- YV4L12UX0P2912300

2023 Volvo XC40
B5 Ultimate Dark Theme AWD
26,163 km
$40,748
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Onyx Black
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 75,002
- Stock #:
- P6224
- VIN:
- YV4L12UW7P2928288

2023 Volvo XC40
B5 Plus Dark Theme AWD
75,002 km
$32,154
- Year:
- 2020
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior colour:
- White
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 65,477
- Stock #:
- 2277001A
- VIN:
- YV4162UM3L2278781

2020 Volvo XC40
T5 R-Design AWD
65,477 km
$27,239
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Blue (Bleu Sky)
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 46,968
- Stock #:
- D1716
- VIN:
- YV4L12UM5R2348202

2024 Volvo XC40
B5 Ultimate Dark Theme AWD
46,968 km
$43,353
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- White
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 40,655
- Stock #:
- D1818
- VIN:
- YV4L12UM1R2252700

2024 Volvo XC40
B5 Ultimate Dark Theme AWD
40,655 km
$43,748
- Year:
- 2026
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- White (Blanc cristal métallisé)
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- GARNISSAGE DES SIÈGES EN CUIR, ANTHRACITE
- Transmission:
- Automatic
- Mileage:
- 110
- Stock #:
- H4462
- VIN:
- YV4L12UC2T2747339

2026 Volvo XC40
B5 Plus AWD
110 km
$59,046
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Black
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 39,143
- Stock #:
- D26335A
- VIN:
- YV4L12UMXR2238679

2024 Volvo XC40
B5 Ultimate Dark Theme AWD
39,143 km
$43,748
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC40
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Crystal White
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 20,866
- Stock #:
- P6280
- VIN:
- YV4L12UM4R2324523

2024 Volvo XC40
B5 Ultimate Dark Theme AWD
20,866 km
$44,396
How much does the Volvo XC40 cost in today's market?
Used Volvo XC40 prices span a wide range depending on model year. Here's what the market looks like right now:
| Model Year | Current Avg. Price | Year-Round Range |
|---|---|---|
| 2025 | $41,393 CAD | $39,893 CAD – $47,879 CAD |
| 2024 | $38,802 CAD | $37,603 CAD – $42,815 CAD |
| 2023 | $33,031 CAD | $33,031 CAD – $40,601 CAD |
| 2022 | $31,541 CAD | $31,034 CAD – $35,028 CAD |
| 2021 | $28,616 CAD | $27,861 CAD – $32,184 CAD |
| 2020 | $25,908 CAD | $25,853 CAD – $29,226 CAD |
| 2019 | $21,637 CAD | $21,120 CAD – $24,575 CAD |
The Volvo XC40's current nationwide average price is $35,787 CAD, and its nationwide average price reached a low of $34,278 CAD over the past year.
Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.
Is the Volvo XC40 a good car?
Yes — the Volvo XC40 is a strong choice if you value style, comfort, and a premium-feeling cabin in a compact SUV.
The all-generations owner rating is 4.56/5 across every model year in the data.
Owners consistently praise the XC40 for its stylish design, comfortable interior, and enjoyable driving experience. Across the model years, the cabin’s upscale feel and the vehicle’s safety reputation also come through as recurring strengths.
Expert reviews rate the 2022 and 2021 models among the highest across all years.
The main trade-offs centre on cargo space, rear-seat comfort, and the touch-based tech interface, which can feel fiddly in daily use.
25.0% of listings are priced as good or great deals.
Are Volvo XC40 models reliable?
Owners and experts consistently praise the XC40 for its safety, comfort, and premium feel. The model also earns repeat credit for its stylish design and enjoyable driving character.
- Owners rate the Volvo XC40 between 2.0 and 5.0 out of 5 stars across all model years in the data.
For used buyers, long-term ownership risk is best managed by checking service history carefully and paying close attention to electronics, software updates, and overall condition.
What should I look for when buying a used Volvo XC40?
Key things to evaluate:
- Safety package: Volvo’s Intellisafe suite, with lane-keep assist, automatic emergency braking, Oncoming Lane Mitigation, traffic-sign recognition, rear parking sensors, blind-spot monitoring, and rear cross traffic alert.
- Infotainment: Android-based infotainment with Google Maps, Google Assistant, Apple CarPlay, and a 12.3-inch digital instrument cluster plus a 9-inch touchscreen.
- Fuel efficiency: NRCan fuel economy ratings for the 2023 Volvo XC40 B5 are 9.2 litres per 100 kilometres combined (10.2 city, 7.9 highway) for B5 AWD models.
Which Volvo XC40 trim should I buy?
The 2023 Volvo XC40 offers these trims:
- Core: The entry trim brings the XC40’s standard safety suite and the Android-based infotainment system, making it the value-focused starting point.
- Plus: Adds front and side parking sensors, a 360-degree camera system, and fog lights, giving you a stronger everyday convenience package.
- Ultimate: Adds adaptive cruise control and Pilot Assist, and it suits you if you want the most advanced driver-assistance setup in the lineup.
What Volvo XC40 do most buyers choose?
The Volvo XC40 years with the most listings are 2023, 2024, and 2025.
| Model Year | Total Listings | Good + Great Deals % |
|---|---|---|
| 2023 | 94 | 25.5% |
| 2024 | 93 | 26.9% |
| 2025 | 86 | 17.4% |
| 2022 | 76 | 34.2% |
| 2021 | 58 | 29.3% |
| 2026 | 54 | 20.4% |
Higher-volume model years usually give you more choice in trims, colours, and equipment combinations, which makes it easier to compare listings and find the right match. They also tend to be the years shoppers cross-shop most often, so pricing and deal activity are usually easier to gauge.
What is the Volvo XC40's resale value?
| Model Year | Current Avg. Price | Year-Over-Year Change |
|---|---|---|
| 2023 | $33,031 CAD | −18.69% |
| 2025 | $41,393 CAD | −13.6% |
| 2019 | $21,637 CAD | −11.95% |
| 2020 | $25,908 CAD | −11.39% |
| 2021 | $28,616 CAD | −10.62% |
| 2024 | $38,802 CAD | −9.57% |
| 2022 | $31,541 CAD | −9.4% |
The table shows broad downward movement across the XC40 lineup, which can work in your favour if you’re shopping used. The largest drops are concentrated in the newer model years, while the smaller declines suggest some years are softening more gradually than others.
The 2022, 2024, and 2021 model years have held their value best, with the smallest year-over-year price changes.
Is the Volvo XC40 safe?
- 2023: 8/10
- 2022: 10/10
- 2021: 9/10
Volvo’s Intellisafe suite is standard on the 2023 XC40, bringing lane-keep assist, automatic emergency braking, blind-spot monitoring, rear cross traffic alert, and related driver-assistance features.
For the safest used buy, the 2022 model posts the highest confirmed score of 10/10.
Should I buy a used Volvo XC40 now or wait for the next model?
Buy now if:
- Price trend: The 2025 model is at −13.6% versus a year ago, and the 2024 model is at −9.57%.
- Deal availability: The 2025 model has 17.4% good and great deals, and the 2024 model has 26.9%.
- Sweet-spot year: The 2023 model has the most listings at a current average price of $33,031 CAD. The Volvo XC40 offers a distinctive Scandinavian design, a premium-feeling cabin, and everyday practicality that make it easy to live with.
Consider waiting if:
- Powertrain/efficiency: A big change for the 2023 model year is under the hood, where Volvo swapped in mild-hybrid powertrains as part of its push to give each model in its North American lineup at least some degree of electrification. These add a 48-volt electrical system and a 13-horsepower integrated starter generator, which assists the gasoline engine and allows for more use of the engine start/stop system to improve fuel economy, while also filling gaps in its power delivery for added smoothness.
- Tech: For 2023, gasoline XC40 models get the Android-based infotainment system introduced on the XC40 Recharge for the 2021 model year. This uses Google apps in place of generic ones, so Google Maps serves as the navigation system, voice recognition is handled by Google Assistant, etc. A 12.3-inch digital instrument cluster and 9-inch touchscreen (in Volvo’s typical portrait orientation) are standard.
- Safety: Upgrading from the base Core trim level to the XC40 Plus adds front and side parking sensors and a 360-degree camera system, while the Ultimate adds adaptive cruise control and Pilot Assist, which can control steering, acceleration, and braking on highways, but remains a hands-on system.
- Starting price: Pricing starts at $46,500 for a base XC40 Core.
If you're buying used today, the 2023 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.
These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.
4.6 Overall rating
Customers say
The Volvo XC40 has garnered positive feedback from owners across its model years, particularly for its safety, comfort, and performance. Drivers appreciate the stylish design and enjoyable driving experience, along with the luxurious feel of the interior. However, some concerns have been raised about the back seat comfort and tech interface, which can be complicated. Overall, the XC40 stands out as a reliable and attractive option for drivers looking for a compact SUV.
AI generated from the text of customer reviews.
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What people say
Anonymous
Reviewed a 2025 Volvo XC40 on May 30, 2026
I love this vehicle. The safest little tank in it's class! Extremely comfortable, great looking, great size without feeling too big, good fuel economy and again, very safe and you can feel it in the drive. Responsive, stable and reliable. My 4th Volvo and I will never go to any other brand. In the past one saved my life and my family and children are Volvo owners for life!
Eric P
Reviewed a 2024 Volvo XC40 on Jan 11, 2026
Car runs & drives great. Looks very nice Have to use premium gas. Stereo works great. My only 2 complaints are: Touchscreen takes a lot of practice to find what you’re looking for. I’m sure after a few months I’ll have it all set upthe way I want it. Door handles on the outside froze down on me & it felt like I was going to rip the handle off trying to open the door. Mine is due for a software recall update so hopefully that will work out some of the issues I’ve had with the big touchscreen freezing up.
Anonymous
Reviewed a 2019 Volvo XC40 on Jun 14, 2024
My Volvo XC40 has all safety features I was seeking plus nice panorama/opening moon roof, lots of power and very comfortable to drive.
Marcel N
Reviewed a 2020 Volvo XC40 on Oct 18, 2023
Amazing safety ratings! The Volvo XC40 was awarded 5 out of 5 ratings on all IIHS crash tests is the only small SUV to achieve a “Good” rating in every individual test category (as of December 2022), based on the test showing minimal risk of injuries for all passengers. Volvo quality, safety and reliability. No other similar vehicle on the market can beat that.
Volvo XC40 Trims
| Trim type | MSRP |
|---|---|
| B4 Plus FWD | $43,900 |
| B4 Core FWD | $39,900 |
| B5 Ultra Black Edition AWD | $51,900 |
| B5 Plus AWD | $47,300 |
| B5 Ultra AWD | $51,250 |
| B5 Core AWD | $42,600 |
Volvo XC40 Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of Volvo XC40 prices has changed over time.
See more price trendsVolvo XC40 Pricing Analysis
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model is priced at $42,784 CAD, reflecting a 7.2% premium over its starting MSRP of $39,900 CAD.
- Steepest Depreciation: The 2019 model has experienced the steepest depreciation at -44.9%, indicating significant value loss in older models.
- Years Priced Above Starting MSRP: Only the 2026 model is currently priced above its starting MSRP, suggesting limited demand for newer models.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $39,900 CAD | $42,784 CAD | +7.2% |
| 2025 | $40,650 CAD | $34,090 CAD | -16.1% |
| 2024 | $40,500 CAD | $30,411 CAD | -24.9% |
| 2023 | $36,350 CAD | $27,096 CAD | -25.5% |
| 2022 | $35,100 CAD | $23,908 CAD | -31.9% |
| 2021 | $33,700 CAD | $22,200 CAD | -34.1% |
| 2020 | $33,700 CAD | $21,230 CAD | -37.0% |
| 2019 | $33,700 CAD | $18,584 CAD | -44.9% |
Pricing by Popular Canadian Cities
Market Area: Nationwide
Key Insights
- Highest-Price Market: Winnipeg, MB leads with an average price of $42,332 CAD, indicating a premium market for the XC40.
- Best Value: Halifax, NS offers the lowest average price at $24,994 CAD, presenting a significant opportunity for budget-conscious shoppers.
- Inventory Drives Stability: Montreal, QC has the most listings at 87, suggesting a robust market presence and potentially better pricing options.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Montreal, QC | 87 | $34,855 CAD |
| Toronto, ON | 83 | $33,551 CAD |
| Ottawa, ON | 80 | $28,902 CAD |
| Quebec, QC | 60 | $25,683 CAD |
| London, ON | 48 | $34,000 CAD |
| Halifax, NS | 41 | $24,994 CAD |
| Winnipeg, MB | 35 | $42,332 CAD |
| Vancouver, BC | 26 | $36,474 CAD |
| Edmonton, AB | 15 | $38,399 CAD |
| Calgary, AB | 12 | $31,694 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The B5 Plus AWD trim has the highest inventory with 18 listings, indicating strong demand for this configuration.
- Premium Spread: The B5 Ultra Black Edition AWD is priced at $51,900 CAD, showcasing a $4,600 CAD premium over the B5 Ultra AWD at $51,250 CAD.
- Drivetrain Effect: All trims feature an AWD drivetrain, which may appeal to consumers prioritising performance and handling in various conditions.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| B5 Plus AWD | 18 | $47,300 CAD | AWD | 2.0L 247 hp I4 |
| B5 Core AWD | 8 | $42,600 CAD | AWD | 2.0L 247 hp I4 |
| B5 Ultra Black Edition AWD | 4 | $51,900 CAD | AWD | 2.0L 247 hp I4 |
| B5 Ultra AWD | 4 | $51,250 CAD | AWD | 2.0L 247 hp I4 |
These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.
CarGurus recommends the 2022 Volvo XC40

Summary
With 75 currently listed for sale and an average price of $31,553 CAD, 28.0% of 2022 Volvo XC40 listings on CarGurus are rated as good or great deals.
Favourably reviewed: CarGurus experts gave it an 8.5 / 10.
Why it stands out
The 2022 Volvo XC40 Recharge AWD stands out as Volvo’s all-electric take on its XC40 subcompact crossover SUV, bringing the brand’s design, engineering, and heritage into the EV space. It is a compact luxury SUV with standard all-wheel drive, and front-wheel drive is not offered in this market. Natural Resources Canada says it can travel up to 359 kilometres on a single charge, which gives it a practical range figure for buyers looking at an electric premium crossover.
For 2022, it does not receive any significant changes. That makes it appealing to shoppers who want a straightforward electric Volvo experience rather than a heavily revised model year. Its main strengths are its standard AWD setup and its all-electric packaging, while the lack of notable updates may leave some buyers wanting more change from year to year.
Other model years to consider
- 2024 Volvo XC40
- Average price: $38,835 CAD
- Good/great deal percentage: 24.5%
- User rating: 4 / 5
- Total listings: 94
- 2021 Volvo XC40
- Average price: $28,635 CAD
- Good/great deal percentage: 24.1%
- User rating: 5 / 5
- Total listings: 58
- 2025 Volvo XC40
- Average price: $41,385 CAD
- Good/great deal percentage: 18.4%
- User rating: 5 / 5
- Total listings: 87
Similar models to consider
- BMW X1
- Average price: $31,461 CAD
- Good/great deal percentage: 31.8%
- User rating: 4.59 / 5
- Total listings: 831
- Audi Q3
- Average price: $28,937 CAD
- Good/great deal percentage: 31.3%
- User rating: 4.67 / 5
- Total listings: 704
- Mercedes-Benz GLA
- Average price: $35,833 CAD
- Good/great deal percentage: 31.7%
- User rating: 4.69 / 5
- Total listings: 581
These recommendations are based on CarGurus' proprietary market data from October 19, 2026, CarGurus experts' opinions, and generative AI.
