Trim Report

Volvo XC40 B5 Ultimate2024

Includes:VOLVOXC40|B5 Ultimate
$26,988
Starting From
134
Active Listings
—
Avg Mileage

Sourced from 134 active dealer listings as of

Min $26,988
Max $41,995
From $26,988
Fresh

B5 Ultimate Market Overview

All Trims Combined
From$17,995
$18K–$61K
257 listings31,226 avg miles
B4 Core
From$22,995
71 listings|$23K–$68K
B4 Plus
From$23,191
132 listings|$23K–$52K
B4 Ultimate
From$23,495
22 listings|$23K–$34K
B5 Core
From$17,995
818 listings|$18K–$50K
B5 Plus
From$15,995
2,683 listings|$16K–$54K
B5 Ultimate
From$26,988
134 listings|$27K–$42K
B5 Ultra
From$35,855
1,120 listings|$36K–$62K
P8 Recharge
From$15,988
16 listings|$16K–$38K
P8 Recharge Plus
From$12,886
6 listings|$13K–$28K
P8 Recharge Ultimate
From$21,672
5 listings|$22K–$29K
Recharge Core
From$20,800
7 listings|$21K–$34K
Recharge Plus
From$19,850
71 listings|$20K–$60K
Recharge Ultimate
From$23,909
122 listings|$24K–$61K
T4 Inscription
From$17,600
10 listings|$18K–$28K
T4 Momentum
From$13,800
41 listings|$14K–$28K
T4 R-Design
From$15,990
25 listings|$16K–$30K
T5 Inscription
From$13,909
51 listings|$14K–$30K
T5 Momentum
From$7,500
163 listings|$8K–$27K
T5 R-Design
From$12,999
157 listings|$13K–$31K

2024 Volvo XC40 B5 Ultimate Pricing

Price Trend

Building price history...

Find it before everyone else.

CarScout monitors the market 24/7. Create a scout and be the first to know when the right one appears.

Start trackingFrom $5/week

Where to Find Volvo XC40 B5 Ultimate

Location data for all 2024 Volvo XC40 trims combined

31States

The biggest cluster of inventory is in Texas (11%), but the remaining listings are spread across 30 other states nationwide.

Volvo XC40 Safety & Reliability

Safety data for all 2024 Volvo XC40 trims

Low Concern

The 2024 Volvo XC40's low safety profile includes 2 recall campaigns and 9 owner-reported complaints. Make recall verification part of your pre-purchase checklist.

2
Recalls
9
Complaints
1
Crashes
0
Fires
Recall Findings
24V0100002024-10-01
ELECTRICAL SYSTEM:SOFTWARE

Volvo Car USA, LLC (Volvo Car) is recalling certain 2024 XC40 vehicles. A diagnostic error in the Central Electronic Module (CEM) software may cause the left rear turn signal indicator to not function.

A nonfunctioning exterior turn signal may not notify other drivers of a turning vehicle, increasing the risk of a crash.

View at NHTSA
25V3920002025-24-06
SERVICE BRAKES, HYDRAULIC:POWER ASSIST:ELECTRIC:CONTROL MODULE:SOFTWARE

Volvo Car USA, LLC (Volvo Car) is recalling certain 2023 Volvo C40 BEV, 2025 EC40, 2023-2024 XC40 BEV, 2020-2026 XC90 PHEV, 2022-2026 XC60 PHEV, 2023-2025 S60 PHEV, 2024-2025 V60 PHEV, and 2025-2026 EX40 and 2025 S90 PHEV vehicles. In certain driving scenarios while coasting down a hill and using "B" mode or "One Pedal Drive," the vehicle may lose brake function.

A loss of brake function increases the risk of a crash.

View at NHTSA

Source: National Highway Traffic Safety Administration (NHTSA)

Top Complaint Areas

The 2024 Volvo XC40 has accumulated 9 NHTSA complaints over 1 years, with back over prevention leading the pack. Know what to look for before you buy.

01Back Over Prevention2
02Electrical System,exterior Lighting1
03Power Train,electrical System,service Brakes1
04Service Brakes,forward Collision Avoidance1
05Unknown Or Other1
9 total across 1 model years (2024–2024)Full data at NHTSA.gov
Know the risks. Now track the deals.Start tracking for $5/week

Volvo XC40 Fuel Economy

EPA fuel economy data for all 2024 Volvo XC40 trims

26–106mpg combined
·
24-118city
·
30-95hwy
·
$700-$2,250/yr

With 3 configurations tested, the 2024 Volvo XC40 ranges from 26 to 106 MPG combined. That's a 80 MPG gap that can add up to hundreds of dollars a year in fuel costs.

By Trim
XC40 Recharge - Automatic (A1)
106mpg
Rear-Wheel DriveEV
118 city95 hwy~$700/yr10/10 Clean
XC40 Recharge twin - Automatic (A1)
98mpg
All-Wheel DriveEV
106 city90 hwy~$800/yr10/10 Clean
XC40 B5 AWD - Automatic (S8)
26mpg
2.0L 4-cyl Turbo · All-Wheel Drive
24 city30 hwy~$2,250/yr5/10 Average

Source: U.S. Environmental Protection Agency (EPA)

2024 Volvo XC40 B5 Ultimate FAQ

Trim-specific pricing and feature questions

How does the B5 Ultimate compare to other Volvo XC40 trims?

The B5 Ultimate occupies a distinct position in the Volvo XC40 range. See how it stacks up on the 2024 overview page.

What should I know about maintaining the 2024 Volvo XC40 B5 Ultimate?

Budget for standard B5 Ultimate maintenance plus any trim-specific items. The 2024 has 2 recalls on file. Review the known issues on the model year page for areas to inspect before purchasing.

What are the best years for the Volvo XC40 B5 Ultimate?

For the B5 Ultimate, look at the price-to-mileage ratio across model years. Later model years before a redesign tend to be the most refined version of the platform. See the Volvo XC40 buyer's guide.

Get Volvo XC40 market updates

We'll email you when prices shift or new data comes in for the 2024 Volvo XC40.

No spam. We'll only reach out about Volvo XC40 features.