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2008 Volvo S40

Used 2008 Volvo S40

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2008 Volvo S40 Exterior: 0
2011
2008
Fuel Economy
22 - 23 combined mpg
Horsepower
168 - 227 hp
Engine
2 engines available
Engine Options
  • 5-Cyl, 2.4 Liter
  • 5-Cyl, Turbo, 2.5 Liter
Cargo Volume
12.6 cu ft
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2008 Volvo S40 Review

KBB Editors

By KBB Editors

Updated December 23, 2019

Our editors drive and evaluate hundreds of new cars every single year, turning thousands of miles and countless hours behind the wheel into helpful reviews, ratings, and comparisons. They also have lives outside of work, or so they think. You’d be surprised what you can learn by hauling a dirt bike, hunting for a wayward sippy cup, or just packing the trunk full of groceries.

Pros

If you like to get the most bang for your buck, the S40 will impress you with its style, content and price. Long known for its emphasis on safety, Volvo carries on the tradition with side-impact and side-curtain airbags, the Whiplash Protection System and other safety features.

Cons

If you regularly need room for four adults, the S40’s cramped rear seat and moderate headroom are a negative. Power in the base car is far from exhilarating and all-wheel drive is available only with the pricier T5, which doesn’t offer a manual transmission option.

What's New?

The V40 gets a slight freshening with a new front end and numerous interior improvements. An auxiliary audio input jack and a tire-pressure monitor are standard on all versions. T5 models get nearly 10 additional horsepower but lose their manual transmission option. SIRIUS Satellite Radio is standard on all T5 models.

The 2008 Volvo S40 is a fantastic way to enjoy the perks of owning a premium brand automobile without having to pay a premium price. For about the same money as a Honda Accord EX, customers can pick up an S40 2.4i complete with a frugal yet peppy five-cylinder engine, sporty ride and handling and legendary Volvo safety. For a bit more cash, the S40 T5 ups the ante with a powerful turbocharged engine, the availability of all-wheel drive and a long list of luxury features. While not as sophisticated or adept as an Audi A4 or BMW 3 Series, the S40 nonetheless plays well in this field, offering a nice balance of performance, economy and affordability.

2008 Volvo S40 Pricing

2008 Volvo S40 pricing starts at $4,729 for the S40 2.4i Sedan 4D, which had a starting MSRP of $26,360 when new. The range-topping 2008 S40 T5 Sedan 4D starts at $5,623 today, originally priced from $29,260.

Original MSRP
KBB Fair Purchase Price (national avg.)
$26,360
$4,729
$29,260
$5,623

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 2008 Volvo S40 models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the Volvo S40

Despite the moderate size, the S40 is one serious automobile, well suited for both the highway and twisting back roads. Stable and solid on the road, the S40 T5’s steering yields sharp, reasonably quick responses. Quiet and refined, the T5 is a spirited performer, with its smooth-shifting five-speed Geartronic automatic transmission adeptly handling the engine’s power. Unfortunately, the Geartronic manual shift mode is not as quick nor as fun to drive as the discontinued six-speed manual. Except for appropriate engine sounds when accelerating, little noise is heard. The T5’s suspension is noticeably stiffer than usual for Volvos, but discomfort occurs only on rougher bumps. On satisfactory surfaces, the ride is smooth enough. Though easy to load, the trunk’s size is modest.

Interior Comfort

Scandinavian in nature, the S40’s interior and dashboard qualify as no-frills. Volvo claims the "ultra-slim" center console is the first of its kind on the market. While the console looks neat, its stylistic slimness would make it difficult to upgrade to an aftermarket audio unit. The company promotes the S40’s "ergonomically designed" seats, and their comfort on long drives is undeniable. On the dashboard, temperature and fuel gauges are integrated into the speedometer, but are easy enough to read. Some controls on the vertical console aren’t quite as logical as they look, and glovebox space is meager. Compact outside, the S40 is quite roomy in the front-seat area, though it lacks good rear seat headroom.

Exterior Styling

The S40’s design evolves from the more rounded shape Volvo started with the S80. Few traces of the old squared-off profiles are left on today’s products from the Swedish-based automaker. What Volvo calls Intelligent Vehicle Architecture includes "extremely rigid" cross members for side-impact protection and a considerable amount of high-tensile steel in the structure. Manufactured in Belgium, the S40 bears a close resemblance to other Volvo models. Up front, at least, it’s a virtual twin to the new V50 wagon.

Favorite Features

All-Wheel-Drive Availability
Even if required only occasionally, all-wheel drive enhances the Volvo’s feeling of security. Most of the time, you don’t even realize all-wheel drive is present.

Dynamic Sport Suspension
Volvo’s stiffer suspension boosts handling capabilities without extracting a significant penalty in ride comfort.

Standard Features

Even in the base 2.4i trim, the S40 features air conditioning, side-curtain airbags, front seat side-impact airbags, anti-lock brakes (ABS), an engine immobilizer, traction control, rear fog lamp, keyless remote entry, heated power mirrors, 16-inch alloy wheels, a single CD player and a tilt/telescoping steering wheel. Upgrading to the T5 adds a 2.5-liter turbocharged engine, five-speed automatic transmission, automatic climate control, upgraded audio with six-disc in-dash CD changer, SIRIUS Satellite Radio and an eight-way power driver’s seat.

Factory Options

Popular options are mostly bundled into packages. The base 2.4i offers a Climate Package with heated seats, headlamp washers and rain-sensing wipers. The Select Package adds a power glass moonroof, six-disc CD changer, upgraded speakers, trip computer and a power driver’s seat. Stand-alone options include leather seating (2.4i), Blind Spot Information System and the five-speed Geartronic automatic transmission (2.4i). The T5 offers Active Bi-Xenon headlamps, sport steering wheel, sport suspension, 17-inch "Zaurak" wheels, navigation and Volvo’s Keyless Drive remote start system.

Engine & Transmission

The standard 2.4-liter engine is adequate for the casual driver, but lacks the low-end punch needed for quick bursts of speed when passing or merging. If you can swing the extra cash, opt for the T5 – its turbocharged engine brings the little S40 to life. The T5’s five-speed Geartronic automatic is not as quick as Audi’s DSG manual-shift transmission, but it’s the only choice for those who prefer shifting their own gears.

2.4-liter in-line 5
168 horsepower @ 6000 rpm
170 lb.-ft. of torque @ 4400 rpm
EPA city/highway fuel economy: 20/28

2.5-liter in-line 5 Turbocharged
227 horsepower @ 5000 rpm
236 lb.-ft. of torque @ 1500-5000 rpm
EPA city/highway fuel economy: 19/27 (automatic, FWD), 19/28 (manual, FWD), 18/26 (automatic, AWD), 17/25 (manual, AWD)


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2008 Volvo S40
KBB.com Consumer Reviews

4.5
Consumer Rating
Based on 295 Consumer Reviews
Write a Review
85%Recommend this vehicle
5
74%
5
74%
4
13%
4
13%
3
6%
3
6%
2
4%
2
4%
1
2%
1
2%
Value
4.6
Performance
4.6
Quality
4.6
Comfort
4.6
Reliability
4.5
Styling
4.8

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2008 Volvo S40 Styles

Style
Price
Combined Fuel Economy
Horsepower
Engine
Cargo Capacity
Torque
0-60
Top Speed
Curb Weight
2.4i Sedan 4D
$4,729
23 MPG
168 @ 6000 RPM
5-Cyl, 2.4 Liter
12.6 cu ft
170 lb-ft
7.7 seconds
137 mph
3220 lbs
T5 Sedan 4D
$5,623
22 MPG
227 @ 5000 RPM
5-Cyl, Turbo, 2.5 Liter
12.6 cu ft
236 lb-ft
6.7 seconds
146 mph
3363 lbs
See Full Specs for All 2008 Volvo S40 Styles
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2008 Volvo S40 Depreciation

A 2008 Volvo S40 has depreciated $894 or 20% in the last 3 years and has a current resale value of $3,374 and trade-in value of $1,212.

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2008 Volvo S40
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2008 Volvo S40 Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2022
$170
$4,268
$1,898
2023
$371
$3,897
$1,919
2024
$253
$3,644
$1,587
Now
$270
$3,374
$1,212
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2-Year Forecasted Depreciation

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

2008 Volvo S40 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
3220 lbs.
EPA Passenger
92.5 cu.ft.
EPA Total Interior
105.1 cu.ft.
Fuel Capacity
15.9 gallons
Front Head Room
38.9 inches
Front Leg Room
41.6 inches
Max Seating Capacity
5
Minimum Ground Clearance
5.3 inches
Overall Length
176.2 inches
Front Shoulder Room
55.2 inches
Towing Capacity, Maximum
2000 lbs.
Trunk or Cargo Capacity
12.6 cu.ft.
Turning Diameter
34.9 feet
Wheel Base
103.9 inches
Width with mirrors
79.6 inches

Exterior

Adaptive Headlights
Available
Alloy Wheels
Available
Fog Lights
Available
HID Headlights
Available
Moon Roof/Sun Roof
Available
Number of Doors
4 doors

Fuel Economy

City
20 mpg
Highway
28 mpg
Combined
23 mpg

Mechanical

Drivetrain
FWD
Transmission Type
Automatic
5 speed
Available
Recommended Fuel
Premium

Performance

Horsepower
168 @ 6000 RPM
Torque
170 @ 4400 rpm
Engine
5-Cyl, 2.4 Liter
0 to 60
7.7 seconds
Top Speed
137 mph

Warranty

Basic
4 years / 50000 miles
Powertrain
4 years / 50000 miles
Corrosion
10 years / 100000 miles

Entertainment

  • MP3 Player
  • Satellite Radio
  • CD Player

Interior

  • Leather-Wrapped Steering Wheel
  • Power Windows
  • Rear Window Defroster
  • Steering Wheel Controls

Seating

  • Leather Seats
  • Folding Rear Seat
  • Cloth Seats
  • Heated Seats
  • Power Driver's Seat

Security

  • Alarm System

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Remote Keyless Entry

2008 Volvo S40 Safety

2008 Volvo S40 Safety Technology

  • Child Door Locks
  • Child Seat Anchors
  • Driver Airbag
  • Passenger Airbag
  • Stability Control
  • Traction Control
  • Blind-Spot Alert
  • Driver Knee Airbag
  • Front Head Curtain Airbag
  • Front Side Airbag
Not Available

Crash Test Rating

Provided by the National Highway Traffic Safety Administration
Driver Front
4.0
Passenger Front
5.0
Front Side
5.0
Rear Side
5.0
Rollover Rating
4.0

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See Details
Price
$4,729
$3,497
$3,695
$4,037
KBB.com Rating
N/A
3.9
3.1
N/A
Consumer Rating
4.5
3.9
4.5
4.5
Fuel Economy
City 20/Hwy 28/Comb 23 MPG
City 28/Hwy 37/Comb 32 MPG
City 26/Hwy 36/Comb 29 MPG
City 24/Hwy 33/Comb 27 MPG
Fuel Type
Gas
Gas
Gas
Gas
Safety Rating
N/A
4.0
4.0
N/A
Seating Capacity5555
Basic Warranty
4 years or 50000 miles
3 years or 36000 miles
5 years or 60000 miles
3 years or 36000 miles
Horsepower
168 @ 6000 RPM
120 @ 6000 RPM
156 @ 6200 RPM
155 @ 6100 RPM
Engine
5-Cyl, 2.4 Liter
4-Cyl, 1.6 Liter
4-Cyl, 2.0 Liter
4-Cyl, 2.2 Liter
Drivetrain
FWD
FWD
FWD
FWD

2008 Volvo S40 Rankings

FAQs

Is the 2008 Volvo S40 a good vehicle?

Yes, the 2008 Volvo S40 is a good car. Its Kelley Blue Book rating of 0 out of 5 is within 10% of our average rating.

What is the MPG for a 2008 Volvo S40?

2008 Volvo S40 city/highway fuel economy ratings range from 19/27 mpg to 20/28 mpg, depending on trim and equipment.

How much should a 2008 Volvo S40 cost?

Used 2008 Volvo S40 prices currently range from $4,729 for the 2.4i Sedan 4D to $5,623 for the T5 Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Volvo S40?

The cheapest 2008 Volvo S40 is the 2.4i Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $4,729.

Is the 2008 Volvo S40 reliable?

The 2008 Volvo S40 is part of the 2nd-generation S40, which our owners give an above-average reliability rating of 4.5 out of 5.

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