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2023 Volvo C40 Recharge
#1 Best Luxury Electric SUVs of 2023

Used 2023 Volvo C40 Recharge

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2023 Volvo C40 Recharge Exterior: 0
2023 Volvo C40 Recharge Exterior: 1
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2024
2023
EV Range
226 miles
Charge Time (240V)
8 hours
0-60
4.7 seconds
MPGe
87 combined mpge
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Calculate Your Annual Fuel Cost Savings

Electric ($0.16/kWh)
vs
Gas ($3.45/gal)
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Fuel Savings
$734
/yr
Actual results will vary according to driving conditions, driving styles, vehicle maintenance. Cost estimates are based on 86MPGe vs 25.4 MPG, the estimated cost per gallon of gasoline of $3.45, and the estimated cost of electricity per kilowatt-hour of $0.16.

2023 Volvo C40 Recharge Review

Colin Ryan

By Colin Ryan

Updated January 30, 2025

Colin Ryan specializes in writing about new cars. He has done this for the Los Angeles Times, Variety, Kelley Blue Book, Autotrader, Popular Mechanics, Mazda and Lexus customer magazines, plus a bunch of enthusiast sites and publications. And he spent several years as a staff writer at BBC Top Gear magazine. During this zig-zag of a career trajectory, he has driven everything from budget Malaysian hatchbacks (yes, they exist) to scarily expensive Italian exotica.

Pros

  • Impressive power
  • Raised driving position
  • Comfortable seats

Cons

  • Unimpressive range: 226 miles

What's New?

  • Trims are now Core, Plus & Ultimate

Urbanites seeking high-class, zero-emissions personal transport that doesn’t have a whiff of “school run” or “soccer mom” about it should pay serious attention to the Volvo C40 Recharge. It packs a powerful punch along with a distinct visual impact. And comes with a vegan-friendly interior.

This is not just an electric version of another Volvo. It’s an individual model in the company’s portfolio. But it still embodies traditional Volvo values, such as safety. The Insurance Institute for Highway Safety (IIHS) made it a Top Safety Pick+ and it earned a maximum overall score of five stars in crash tests performed by a European agency.

For regular commutes where charging is easy, the C40 Recharge’s maximum range of 226 miles might be perfectly adequate.

Last year’s model was sold online only. This year, buyers can still go to the Volvo retail site and choose things like colors, wheels, and options, but the final pricing and delivery is handled by a dealer.

2023 Volvo C40 Recharge Pricing

2023 Volvo C40 Recharge pricing starts at $31,425 for the C40 Recharge Core Sport Utility 4D, which had a starting MSRP of $56,395 when new. The range-topping 2023 C40 Recharge Ultimate Sport Utility 4D starts at $35,961 today, originally priced from $61,195.

Original MSRP
KBB Fair Purchase Price (national avg.)
$56,395
$31,425
$57,945
$32,079
$61,195
$35,961

The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2023 Volvo C40 Recharge models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the Volvo C40 Recharge

Sit in, drive off. A sensor recognizes when someone is in the driver’s seat and another detects the key’s presence. So it’s just a question of selecting D (or R), checking the surroundings, and embarking on the journey.

If the 2023 Volvo C40 Recharge electric SUV had its way, a lot of trips wouldn’t take long at all. It can sprint from standstill to 60 mph in just 4.5 seconds, as a considerable 402 hp and 486 lb-ft of torque is applied to the ground through a standard all-wheel-drive system. And the drivetrain tackles inclines like they’re flat roads.

No combustion engine means no induction snort or exhaust noise. Occupants in a C40 Recharge SUV might just catch some wind whisper and a subdued road rumble occasionally.

Most of the time, the ride quality is smooth. But anything bigger than the standard 19-inch alloy wheels means that the correspondingly lower-profile tires can’t absorb all the imperfections of a particularly rough road.

As well as glorious, instantaneous torque, most electric vehicles have the extra party trick of one-pedal driving. When the brake energy regeneration function is at its strongest setting, slowing down and speeding up is performed solely with the accelerator pedal. Even coming to a complete stop doesn’t have to mean touching the brake pedal, unless there’s some urgency required. For a driver new to electric vehicles, this may seem daunting. But it’s surprising how easy it can be and how quickly it becomes part of the driving habit.

The maximum range of 226 miles on a single charge is one of the few downsides, but of particular significance since the C40 Recharge is an all-electric SUV. There are plenty of rivals that can do better, although Volvo has stated that future over-the-air updates may improve matters.

Interior Comfort

An emphasis on style doesn’t stop the 2023 Volvo C40 Recharge electric SUV from having plenty of storage areas and super-comfortable front seats (heated, by the way). Or having a reasonable amount of rear passenger space. Rear legroom is the same as its XC40 counterpart: a generous 36.1 inches.

Rear headroom takes a 1.6-inch hit, at 36.7 inches. And the luggage area of 14.6 cubic feet is smaller by just over a cubic foot. A small stowage space under the hood in front is fine for accommodating the charging cable.

A standard panoramic fixed moonroof keeps things airy, despite the fastback styling, although rear three-quarter vision is hindered by the rear pillars and the small back window. It’s a good thing that blind-spot monitoring is standard across the lineup. It would be an even better thing if Volvo also supplied a shade for the moonroof, although it does have a protective UV coating.

Upholstery at the Core level is made from recycled plastic and fashioned into a simulated leather. It still manages to look and feel classy enough for a luxury SUV. Plus models have a simulated suede. And the Ultimate offers a durable wool fabric. The C40 Recharge doesn’t come with any real leather.

Exterior Styling

The distinguishing feature of the 2023 C40 Recharge is its sloping roof. Its relationship with the Volvo XC40 Recharge is like that between the BMW X3 and X4 or the Audi Q4 e-tron and the Q4 e-tron Sportback. So Volvo provides the choice between a squarer XC40 or this sleeker C40.

There is no grille, just a panel the same color as the body. Black is the standard color. Other finishes — red, blue, gray, silver and white — are premium paints costing $695.

Favorite Features

1. Google/Android infotainment system
Controlled with a 9-inch high-definition touchscreen or through natural voice commands (just say “Hey, Google” to start things off), this system is capable of over-the-air updates and allows users to download apps through the Google Play store. Don’t fret, Apple CarPlay is also standard.

2. Digital driver information display
Standard in every new C40 Recharge, this 12.3-inch display is user-friendly while still adding to the cabin’s tech-rich vibe.

3. Navigation system
Another standard feature, this system uses Google Maps. But it’s also programmed with the needs of electric vehicles in mind. It shows the location of chargers on the route and predicts battery levels at journey’s end.

4. Hands-free liftgate operation
A powered liftgate is standard across the 2023 C40 Recharge small SUV lineup. And it can be opened with the wave of a foot.

5. Pilot Assist
Paired with adaptive cruise control, it adds steering corrections to keep the C40 Recharge in its lane. The driver’s hands must remain on the steering wheel, though. It’s exclusive to the top C40 Recharge Ultimate trim.

6. Harman Kardon audio
Another feature found only in the Ultimate trim, this is an outstanding 13-speaker/600-watt surround-sound system.

Engine & Transmission

One electric motor per axle endows the 2023 C40 Recharge with a form of all-wheel drive as standard. Total output is 402 horsepower and 486 lb-ft of torque.

These motors are energized by a lithium-ion battery pack. A DC fast charger can take this battery up to 80-percent capacity in 40 minutes. That works out to about 50 to 60 miles of range for every 10 minutes. Taking it up to 100 percent on a 240-volt home charger requires about eight hours.

The Environmental Protection Agency (EPA) calculates miles-per-gallon-equivalent (MPGe) figures for electric vehicles and plug-in hybrids.

Dual permanent magnet synchronous electric motors
402 horsepower
486 lb-ft of torque
EPA city/highway fuel economy: 94/80 MPGe
EPA range: 226 miles


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New Volvo C40 Recharge Deals and Incentives

LEASE

$559 /mo | 36 months | Due at Signing

Lease a new 2024 C40 Recharge Twin Ultimate for $559 a month for 36 months with $4079 due at signing.

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End Date: 06/02/2025
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2023 Volvo C40 Recharge
KBB.com Consumer Reviews

4.0
Consumer Rating
Based on 9 Consumer Reviews
Write a Review
77%Recommend this vehicle
5
56%
5
56%
4
22%
4
22%
3
0%
3
0%
2
11%
2
11%
1
11%
1
11%
Value
4.1
Performance
4.3
Quality
4.3
Comfort
4.4
Reliability
4.1
Styling
4.8

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2023 Volvo C40 Recharge Styles

Style
Price
EV Range
Charge Time
0-60
Combined MPGe
Top Speed
Horsepower
Cargo Capacity
Curb Weight
Core Sport Utility 4D
$31,425
226 - 226 miles
8 hours
4.7 seconds
226 - 226 MPGe
112 mph
402 hp
48.7 cu ft
4817 lbs
Plus Sport Utility 4D
$32,079
226 - 226 miles
8 hours
4.7 seconds
226 - 226 MPGe
112 mph
402 hp
48.7 cu ft
4817 lbs
Ultimate Sport Utility 4D
$35,961
226 - 226 miles
8 hours
4.7 seconds
226 - 226 MPGe
112 mph
402 hp
48.7 cu ft
4817 lbs
See Full Specs for All 2023 Volvo C40 Recharge Styles
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2023 Volvo C40 Recharge Depreciation

A 2023 Volvo C40 Recharge has depreciated $27,167 or 48% in the last 2 years and has a current resale value of $29,228 and trade-in value of $26,023.

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2023 Volvo C40 Recharge
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2023 Volvo C40 Recharge Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
-
$56,395
$56,395
2024
$19,848
$36,547
$33,352
Now
$7,319
$29,228
$26,023
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2023 Volvo C40 Recharge Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.


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Specifications

Dimensions, Weights & Capacities

Curb Weight
4817 lbs.
Front Head Room
39.4 inches
Front Leg Room
40.9 inches
Max Seating Capacity
5
Minimum Ground Clearance
6.7 inches
Overall Length
174.8 inches
Front Shoulder Room
56.7 inches
Towing Capacity, Maximum
2000 lbs.
Trunk or Cargo Capacity
48.7 cu.ft.
Turning Diameter
37.4 feet
Wheel Base
106.4 inches
Width with mirrors
80.1 inches

Exterior

Alloy Wheels
Available
Number of Doors
4 doors
Panorama Moon Roof
Available
Privacy Glass
Available
LED Headlights
Available
Rear Spoiler
Available

Fuel Economy

City
94 MPGe
Combined
87 MPGe
Highway
80 MPGe

Mechanical

Drivetrain
AWD
1 speed
Available
Hill Descent Control
Available
Hill Start Assist
Available
Parking Assist System
Available

Performance

Horsepower
402 hp
Torque
486 foot pounds
Engine
Dual Electric Motors
Estimated Electric Range
226 miles
Charge Time (240V)
8 hours
Battery Capacity
N/A
0 to 60
4.7 seconds
Top Speed
112 mph

Warranty

Basic
4 years / 50000 miles
Powertrain
4 years / 50000 miles
Corrosion
12 years / Unlimited miles

Comfort & Convenience

  • Heated Steering Wheel

Entertainment

  • Premium Radio
  • Satellite Radio
  • Bluetooth Streaming Audio

Interior

  • Power Windows
  • Tilt Steering Wheel
  • Tilt/Telescoping Steering Wheel

Seating

  • Heated Seats
  • Heated Rear Seats
  • Power Driver's Seat

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Navigation System
  • Remote Keyless Entry
  • Proximity Sensing Keyless Entry
  • Push-Button Engine Start
  • Remote Engine Start
  • Smartphone Interface
  • USB Port
  • Voice Recognition System

2023 Volvo C40 Recharge Safety

2023 Volvo C40 Recharge Safety Technology

Forward collision warning with automatic emergency braking

Every new Volvo C40 Recharge luxury electric SUV comes with this safety system, enhanced by pedestrian and cyclist detection.

Blind Spot Information System (BLIS)

Known to most of us as blind-spot monitoring, this standard feature warns the driver about vehicles in adjacent lanes that may not show up in any mirrors. It’s augmented by automatic emergency braking, steering assistance, and cross-traffic alert.

Pixel-technology headlights

Available as an option with the Ultimate trim, these headlights use multiple LEDs for stronger illumination than regular LED headlights. They adjust automatically to avoid dazzling other road users.

Compare to Similar Vehicles

Used 2023
Volvo C40 Recharge
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Audi Q4 e-tron
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Genesis GV60
New 2024
Volvo C40 Recharge
See Details
Price
$31,425
$35,055
$34,978
$54,795
KBB.com Rating
4.5
4.5
4.5
4.5
Consumer Rating
4.0
3.7
5.0
4.0
Fuel Economy
City 94/Hwy 80/Comb 87 MPGe
City 97/Hwy 87/Comb 93 MPGe
City 103/Hwy 86/Comb 95 MPGe
City 96/Hwy 118/Comb 107 MPGe
Fuel Type
ElectricLeafIcon
N/A
N/A
ElectricLeafIcon
Estimated EV Range
226 miles
236 miles
248 miles
297 miles
Seating Capacity5555
Basic Warranty
4 years or 50000 miles
4 years or 50000 miles
N/A
4 years or 50000 miles
0-60
4.7 seconds
5.8 seconds
N/A
6.9 seconds
Horsepower
402 HP
295 HP
314 HP
248 HP
Engine
Dual Electric Motors
Dual AC Electric Motors
Dual Electric Motors
Electric Motor
Drivetrain
AWD
AWD
AWD
RWD

2023 Volvo C40 Recharge Rankings

More Volvo C40 Recharge News & Information

Electric Vehicle
Volvo to Offer Cheaper C40 Recharge, Refreshed XC40 Recharge

Volvo’s two all-electric models are getting an update. Neither has been on the road long, but the Swedish automaker has…

Sean Tucker March 07, 2022
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A List of Electric SUVs and Their Cargo Space

For many, the allure of the SUV has to do with the amount of storage that the larger vehicle bestows…

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FAQs

How much is a 2023 Volvo C40 Recharge?

Core is the least expensive trim level in the 2023 Volvo C40 Recharge SUV lineup, starting at $55,300. The top Ultimate trim is $60,100. This is all before destination charges, options, federal tax credits, or state incentives.

How long does it take to charge a 2023 Volvo C40 Recharge?

Every 10 minutes connected to a DC fast charger adds 50 to 60 miles of range. Taking it to 80 percent capacity is accomplished in 40 minutes. On a home charging setup with a 240-volt supply, a full replenishment for the Volvo C40 Recharge is completed in about eight hours.

Is the 2023 Volvo C40 Recharge a good SUV?

In areas such as build quality, technology, safety, comfort, and equipment, the 2023 Volvo C40 Recharge is a good vehicle. The sloped roof doesn’t make the C40 Recharge quite as practical as the XC40 Recharge SUV, and its 226-mile range is unimpressive.

Is the 2023 Volvo C40 Recharge a good vehicle?

Yes, the 2023 Volvo C40 Recharge is a good car, as reflected by its above-average Kelley Blue Book rating of 4.5 out of 5.

How much should a 2023 Volvo C40 Recharge cost?

Used 2023 Volvo C40 Recharge prices currently range from $31,425 for the Core Sport Utility 4D to $35,961 for the Ultimate Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Volvo C40 Recharge?

The cheapest 2023 Volvo C40 Recharge is the Core Sport Utility 4D, with a Kelley Blue Book Fair Purchase Price of $31,425.

Is the 2023 Volvo C40 Recharge reliable?

The 2023 Volvo C40 Recharge is part of the 1st-generation C40 Recharge, which our owners give an above-average reliability rating of 4.1 out of 5.

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