2021 Volvo XC40 Reviews, Pricing & Specs
















Expert review
The 2021 Volvo XC40 crossover goes electric with a new Recharge model.
Introduced for the 2019 model year, the Volvo XC40 enters 2021 with one major change—the addition of an all-electric powertrain option. The 2021 Volvo XC40 Recharge is the Scandinavian automaker’s first mass-market pure electric vehicle, in fact.
The Recharge will be sold alongside gasoline versions of the XC40, which carry over largely unchanged, and compete against small luxury crossovers like the Audi Q3, BMW X1, Mercedes-Benz GLA-Class, and Lexus UX. With its electric powertrain, the Recharge is a de facto Tesla Model Y competitor. It’s also priced similar to high-end versions of the Ford Mustang Mach-E, although the two electric crossovers have somewhat different philosophies.
In addition to that zero-emission powertrain, the Recharge gets an Android-based operating system, over-the-air (OTA) software update capability for all vehicle systems, and some updates to driver-assist tech. These changes don’t apply to gasoline 2021 XC40 models, but Volvo does plan to add the Android operating system to more vehicles in the future.
Since the Recharge is the main new thing for the 2021 XC40, that’s what we focused on for this review. While the gasoline XC40 is available in three trim levels—Momentum, R-Design, and Inscription—with standard all-wheel drive (AWD) in Canada, the Recharge is only offered in a single trim level.
out of 10 expert review

What owners say
We bought one. Excellent styling. Well appointed interior. Range is a bit low. Numerous other good features.
September 21, 2022Smooth ride, great look, decent features, great technology. It’s my perfect ride.
March 26, 2024First time Volvo owner and its the best car that Ive ever owned. I bought the XC40 model and it has everything that you could want and more!
March 3, 2024What owners say
We bought one. Excellent styling. Well appointed interior. Range is a bit low. Numerous other good features.
September 21, 2022Smooth ride, great look, decent features, great technology. It’s my perfect ride.
March 26, 2024First time Volvo owner and its the best car that Ive ever owned. I bought the XC40 model and it has everything that you could want and more!
March 3, 2024Very pleased. The feel, the power and the knowing all the safety features are applied. Better than expected.
January 5, 2024Trims & specs
Base MSRP $39,450 | Seating 5 |
Engine 2.0L 187 hp I4 | Cargo Capacity 20.7 cu ft |
Combined MPG 27 | Drivetrain FWD |
Base MSRP $33,700 | Seating 5 |
Engine 2.0L 187 hp I4 | Cargo Capacity 20.7 cu ft |
Combined MPG 27 | Drivetrain FWD |
Base MSRP N/A | Seating N/A |
Engine N/A | Cargo Capacity N/A |
Combined MPG N/A | Drivetrain N/A |
Base MSRP $38,950 | Seating 5 |
Engine 2.0L 187 hp I4 | Cargo Capacity 20.7 cu ft |
Combined MPG 27 | Drivetrain FWD |
Base MSRP $41,450 | Seating 5 |
Engine 2.0L 248 hp I4 | Cargo Capacity 20.7 cu ft |
Combined MPG 26 | Drivetrain AWD |
Base MSRP $35,700 | Seating 5 |
Engine 2.0L 248 hp I4 | Cargo Capacity 20.7 cu ft |
Combined MPG 26 | Drivetrain AWD |
Base MSRP $40,950 | Seating 5 |
Engine 2.0L 248 hp I4 | Cargo Capacity 20.7 cu ft |
Combined MPG 26 | Drivetrain AWD |
Pricing trends
MSRP range
$33,700 - $41,450
Current avg. market price
$28,456
Trending down by 1.9% this month
May 2026 - October 2026







