2023 Volvo XC40 vs 2023 Toyota RAV4
Overview | |
MSRP$36,350 | MSRP$28,275 |
Listings31 | Listings391 |
Ratings & Reviews | |
User Reviews | User Reviews |
Expert reviews7.5 out of 10 | Expert reviews7.8 out of 10 |
Pros
Cons
| Pros
Cons
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2023 Volvo XC40 Reviews SummaryIn Volvo speak, “40” denotes an entry-level model. While the Swedish automaker no longer rosters the S40 sedan or V40 wagon in North America, the XC40 subcompact crossover remains to compete with the likes of the Audi Q3, the BMW X1, the Lexus UX, and the Mercedes-Benz GLA for aspiring luxury-car owners’ dollars. The XC40 was unveiled in 2017, arriving as a 2019 model, and it hasn’t undergone a redesign since. An all-electric Volvo XC40 Recharge variant joined the lineup as a 2021 model. Volvo’s other current EV, the C40 Recharge, is also broadly similar to the XC40 models, but with a coupe-like body style. For 2023, Volvo gave the XC40 several notable updates, including new mild-hybrid powertrains, revised styling, and the Android-based infotainment system previously seen on the XC40 Recharge and other Volvo models. The mild-hybrid lineup includes base Core, mid-level Plus, and top Ultimate trim levels, with standard B5 all-wheel drive (AWD) drivetrains (the B4 front-wheel drive, or FWD, version offered in the US is not available in Canada). This Volvo XC40 review is based on the Ultimate trim in B5 AWD spec. | |
2023 Toyota RAV4 Reviews SummaryThe RAV4 was last revised for 2019, and Toyota takes the if-it-ain’t-broke approach for the new model year, retaining the well-reviewed styling while updating the frequently maligned infotainment system of yesteryear. This review focuses on the gas-powered RAV4. The RAV4 Hybrid and the plug-in hybrid (PHEV) RAV4 Prime are each covered separately. | |
No video found | |
Popular Features & Specs | |
Engine2.0L 194 hp I4 | Engine2.5L 203 hp I4 |
Drive TrainFWD | Drive TrainFWD |
Seating Capacity5 | Seating Capacity5 |
Horsepower194 hp @ 4800 rpm | Horsepower |
MPG City24 | MPG City27 |
MPG Highway32 | MPG Highway34 |
Engine | |
Engine Name2.0L 194 hp I4 | Engine Name2.5L 203 hp I4 |
Torque221 lb-ft @ 1500 rpm | Torque |
Horsepower194 hp @ 4800 rpm | Horsepower |
DrivetrainFWD | DrivetrainFWD |
Fuel Economy | |
MPG City24 | MPG City27 |
MPG Highway32 | MPG Highway34 |
Interior | |
Leather SeatsStandard | Leather Seats |
Seating Capacity5 | Seating Capacity5 |
Key Features | |
Navigation SystemStandard | Navigation System |
Safety | |
Front Crash Overall5 | Front Crash Overall4 |
Side Crash Overall5 | Side Crash Overall5 |
Dimensions & Capacity | |
Cargo Space21.7 cu ft | Cargo Space37.6 cu ft |
Curb Weight3726 lbs | Curb Weight3370 lbs |
Height65.2 in | Height67.0 in |
Length174.8 in | Length180.9 in |
Width80.1 in | Width73.0 in |
Wheelbase106.4 in | Wheelbase105.9 in |
Maximum Payload925 lbs | Maximum Payload1230 lbs |
Number of doors4 | Number of doors4 |
Maximum Towing Capacity3500 lbs | Maximum Towing Capacity1500 lbs |
Overview | ||
MSRP | $36,350 | $28,275 |
Listings | ||
Ratings & Reviews | ||
User reviews | ||
Expert reviews | 7.5 out of 10Read full review | 7.8 out of 10Read full review |
Pros & cons | Pros
Cons
| Pros
Cons
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Summary | In Volvo speak, “40” denotes an entry-level model. While the Swedish automaker no longer rosters the S40 sedan or V40 wagon in North America, the XC40 subcompact crossover remains to compete with the likes of the Audi Q3, the BMW X1, the Lexus UX, and the Mercedes-Benz GLA for aspiring luxury-car owners’ dollars. The XC40 was unveiled in 2017, arriving as a 2019 model, and it hasn’t undergone a redesign since. An all-electric Volvo XC40 Recharge variant joined the lineup as a 2021 model. Volvo’s other current EV, the C40 Recharge, is also broadly similar to the XC40 models, but with a coupe-like body style. For 2023, Volvo gave the XC40 several notable updates, including new mild-hybrid powertrains, revised styling, and the Android-based infotainment system previously seen on the XC40 Recharge and other Volvo models. The mild-hybrid lineup includes base Core, mid-level Plus, and top Ultimate trim levels, with standard B5 all-wheel drive (AWD) drivetrains (the B4 front-wheel drive, or FWD, version offered in the US is not available in Canada). This Volvo XC40 review is based on the Ultimate trim in B5 AWD spec. | The RAV4 was last revised for 2019, and Toyota takes the if-it-ain’t-broke approach for the new model year, retaining the well-reviewed styling while updating the frequently maligned infotainment system of yesteryear. This review focuses on the gas-powered RAV4. The RAV4 Hybrid and the plug-in hybrid (PHEV) RAV4 Prime are each covered separately. |
Video | No video found | |
Popular Features & Specs | ||
Engine | 2.0L 194 hp I4 | 2.5L 203 hp I4 |
Drive Train | FWD | FWD |
Seating Capacity | 5 | 5 |
Horsepower | 194 hp @ 4800 rpm | |
MPG City | 24 | 27 |
MPG Highway | 32 | 34 |
Engine | ||
Engine Name | 2.0L 194 hp I4 | 2.5L 203 hp I4 |
Torque | 221 lb-ft @ 1500 rpm | |
Horsepower | 194 hp @ 4800 rpm | |
Drivetrain | FWD | FWD |
Fuel Economy | ||
MPG City | 24 | 27 |
MPG Highway | 32 | 34 |
Interior | ||
Leather Seats | Standard | |
Seating Capacity | 5 | 5 |
Key Features | ||
Navigation System | Standard | |
Safety | ||
Front Crash Overall | 5 | 4 |
Side Crash Overall | 5 | 5 |
Dimensions & Capacity | ||
Cargo Space | 21.7 cu ft | 37.6 cu ft |
Curb Weight | 3726 lbs | 3370 lbs |
Height | 65.2 in | 67.0 in |
Length | 174.8 in | 180.9 in |
Width | 80.1 in | 73.0 in |
Wheelbase | 106.4 in | 105.9 in |
Maximum Payload | 925 lbs | 1230 lbs |
Number of doors | 4 | 4 |
Maximum Towing Capacity | 3500 lbs | 1500 lbs |
The 2023 Volvo XC40 maintained its distinctive design, characterized by a flat-roofed profile and a clean exterior that aligned with Volvo’s pro-electrification ethos. The gasoline models featured hidden tailpipes, and the Plus and Ultimate models came standard with fog lights. For 2023, Volvo introduced subtle updates, including a pixelated design for the “Thor’s Hammer” headlights, a more angular front bumper, and new wheel designs. The XC40 Recharge was easily identifiable by its new sealed-off grille. Inside, the XC40 continued with its minimalist design, offering features like thin air vents, dual-zone automatic climate control, and optional leather upholstery. The Ultimate test vehicle included a panoramic moonroof and an Orrefors crystal shift knob, though the all-black interior felt somewhat utilitarian. Despite being Volvo’s entry-level model, the XC40 boasted good fit and finish, though the materials reminded us of its entry-level status.
The 2023 Toyota RAV4 offered a range of trim levels in Canada, from the RAV4 LE to the more luxurious RAV4 Limited. The Trail trim, which we tested, featured a more aggressive grille, blacked-out wheels, and additional cladding, though it was more style than substance. The interior of the Trail trim included orange accents and contrast stitching, with a frameless rearview mirror adding a touch of premium feel. The RAV4 provided a rugged, truck-like experience, with fabric upholstery and heated front seats standard on the LE and XLE trims. The XLE Premium package upgraded to synthetic leather upholstery, while the Limited trim offered heated and ventilated power-adjustable seats with memory settings. The RAV4’s interior was practical, with ample storage options and a lever-style gear shifter that complemented its rugged aspirations.
















The 2023 Volvo XC40 introduced mild-hybrid powertrains, featuring a 48-volt electrical system and a 13-horsepower integrated starter generator. This setup improved fuel economy and power delivery smoothness. The B5 models in Canada were equipped with a 2.0-litre turbo-four-cylinder engine, producing 247 hp and 258 lb-ft of torque, paired with an eight-speed automatic transmission. The B5 models could accelerate from zero to 60 mph in 6.1 seconds, offering a refined driving experience with a top speed electronically limited to 180 km/h. The XC40 Recharge, with its two electric motors, delivered 402 hp and 486 lb-ft of torque, achieving zero to 60 mph in 4.7 seconds and a range of 359 kilometres. The Recharge also had a higher towing capacity of 2,000 kg compared to the B5 AWD model’s 1,587 kg.
The 2023 Toyota RAV4, now with standard all-wheel drive, featured a 2.5-litre four-cylinder engine producing 203 horsepower and 184 lb-ft of torque. Paired with an eight-speed automatic transmission, the RAV4’s performance was more functional than thrilling. The Trail trim, with its 19-inch wheels and all-season tires, shared the same suspension setup as other RAV4s, providing a competent but unremarkable driving experience. The RAV4’s engine was noisier than some competitors, but it offered a reliable and practical option for everyday driving.
The 2023 Volvo XC40, while marketed as an SUV, was better suited for solo commuting than family carpooling. It offered competitive rear-seat headroom, tying with the BMW X1, and slightly less front-seat headroom than the Mercedes-Benz GLA-Class. Legroom was average, but generous shoulder room added to the sense of spaciousness. The XC40 provided 566 litres of cargo space with the rear seats up and 1,328 litres with them folded, less than some competitors. Interior storage was well-designed, with large door carve-outs and a spacious centre console.
The 2023 Toyota RAV4 seated five and offered 958 mm of front headroom and 1,001 mm in the rear, providing more rear headroom than the Honda CR-V and Subaru Forester. Front legroom was 1,039 mm, with 960 mm in the back, comparable to the CR-V but less than the Forester. The RAV4’s interior featured practical storage solutions, including a shelf above the glove compartment and large door pockets. Cargo space was generous, with 1,059 litres behind the second row and 1,977 litres with the seats folded, placing it ahead of some competitors but behind the Honda CR-V.
The 2023 Volvo XC40 featured an Android-based infotainment system with Google apps, including Google Maps and Google Assistant. A 12.3-inch digital instrument cluster and 9-inch touchscreen were standard, with a 13-speaker Harman Kardon audio system available on higher trims. The system’s graphics were pleasing, but users preferring Apple might find the Google integration less satisfying. The minimalist design meant most controls were on the touchscreen, which could be less intuitive for some functions.
The 2023 Toyota RAV4 introduced a new infotainment system with an 8.0-inch touchscreen standard and a 10.5-inch screen on the Limited trim. Wireless Apple CarPlay and Android Auto were standard, along with voice command and connected services. The Trail trim did not receive the upgraded system, which was reserved for the Limited trim, along with an 11-speaker JBL audio system. A 7-inch driver-information display was standard, with a 12.3-inch version on the Limited trim.
The 2023 Volvo XC40 offered a comprehensive list of standard safety features, including lane-keep assist, automatic emergency braking, and blind-spot monitoring. Upgrading to higher trims added features like a 360-degree camera and adaptive cruise control. The XC40 received top safety ratings from the IIHS and NHTSA, though it had an “Acceptable” rating in the updated side-impact test.
The 2023 Toyota RAV4 came with standard safety features like lane-departure warning, automatic emergency braking, and adaptive cruise control. The TSS 2.5 suite included Full-Speed Range Dynamic Radar Cruise Control. The RAV4 earned a 2023 Top Safety Pick+ award from the IIHS, with top scores in most crash tests.
CarGurus highlights

According to CarGurus experts, the overall rating for the 2023 Volvo XC40 is 7.5 out of 10, while the 2023 Toyota RAV4 scores 7.8 out of 10. Based on these ratings, the Toyota RAV4 is the recommended choice, offering a more practical and well-rounded package for Canadian consumers.
Choose the 2023 Volvo XC40 if:
- You prioritize a refined driving experience with a focus on safety and electrification.
- You appreciate a minimalist interior design with high-quality materials.
- You want a compact SUV with a strong emphasis on technology and connectivity.
Choose the 2023 Toyota RAV4 if:
- You need a practical and reliable SUV with ample cargo space and standard all-wheel drive.
- You value a rugged, truck-like design with a focus on functionality.
- You want a vehicle with a comprehensive suite of standard safety features and modern infotainment options.
CarGurus highlights

According to CarGurus experts, the overall rating for the 2023 Volvo XC40 is 7.5 out of 10, while the 2023 Toyota RAV4 scores 7.8 out of 10. Based on these ratings, the Toyota RAV4 is the recommended choice, offering a more practical and well-rounded package for Canadian consumers.
Choose the 2023 Volvo XC40 if:
Shop Now- You prioritize a refined driving experience with a focus on safety and electrification.
- You appreciate a minimalist interior design with high-quality materials.
- You want a compact SUV with a strong emphasis on technology and connectivity.
Choose the 2023 Toyota RAV4 if:
Shop Now- You need a practical and reliable SUV with ample cargo space and standard all-wheel drive.
- You value a rugged, truck-like design with a focus on functionality.
- You want a vehicle with a comprehensive suite of standard safety features and modern infotainment options.

By: CarGurus + AI
At CarGurus, our team of experienced automotive writers remain at the heart of our content operation, conducting hands-on car tests and writing insightful guides that are backed by years of industry experience. To complement this, we are harnessing AI to make our content offering more diverse and more helpful to shoppers than ever. To achieve this, our AI systems are based exclusively on CarGurus content, ratings and data, so that what we produce is both unique to CarGurus, and uniquely helpful to car shoppers.




































