2023 Volvo C40
The 2023 Volvo C40 is a compact SUV, rated at 87 MPG combined by the EPA. NHTSA lists 3 recalls for this model year.

- Combined MPG
- 87· 226 mi
- NHTSA safety
- Not rated
- Starting price
- $54,000
- Recalls
- 3
Watch: C40 reviews
Full specifications
Identity
SRC · NHTSA vPIC| Make | Volvo |
|---|---|
| Model | C40 |
| Model year | 2023 |
| Vehicle class | Compact SUV |
Engine & drivetrain
SRC · EPA FuelEconomy| Transmission | Automatic (A1) |
|---|---|
| Drivetrain | All-Wheel Drive |
| Fuel | Electricity |
Fuel economy
SRC · EPA FuelEconomy| City MPG | 94 |
|---|---|
| Highway MPG | 80 |
| Combined MPG | 87 |
| Combined MPGe | 38.5224 |
| Electric range | 226 mi |
| EPA annual fuel cost | $850 |
Fuel economy
SRC · EPA FuelEconomy| City | 94 MPG |
|---|---|
| Highway | 80 MPG |
| Combined | 87 MPG |
| Combined | 38.5224 MPGe |
| Electric range | 226 mi |
Efficiency vs class average
About 170% more efficient than the C40's class average.
- Amount financed
- $48,600
- Total interest
- $8,455
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≈ $1,785/yr · 12,000 mi/yr · $0.17/kWh
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Cost to own
Estimate monthly payments and 5-year fuel cost using the tools in the sidebar. Figures use EPA fuel economy and current U.S. energy prices from EIA.
Safety ratings & recalls
SRC · NHTSA vPICNHTSA has not published NCAP crash-test ratings for this model year yet.
Recalls (3)
- SERVICE BRAKES, HYDRAULIC23V012000 · 2023-01-19
Volvo Car USA, LLC (Volvo Car) is recalling certain 2023 S60, V60, V60CC, V90CC, XC60, XC90, XC40, and C40 vehicles. A diagnostic error in the Brake Control Module 2 (BCM2) may cause a loss of Antilock Brake System (ABS), Electronic Stability Control (ESC), and traction control.
Remedy: Volvo will release an over-the-air (OTA) BCM2 software update, free of charge. Owner notification letters are expected to be mailed March 15, 2023. Owners may contact Volvo Car customer service at 1-800-458-1552. Volvo Car's number for this recall is R10217.
- ELECTRICAL SYSTEM23V188000 · 2023-03-22
Volvo Car USA, LLC (Volvo Car) is recalling certain 2023 S60, V60CC, XC60, XC90, XC40, and C40 vehicles. A diagnostic trouble code (DTC) may be falsely detected for the emergency call system (e-call) and display "e-Call Service Required" in the driver information module (DIM).
Remedy: Dealers will update the telematics and connectivity antenna module (TCAM) software, free of charge. Owner notification letters are expected to be mailed May 16, 2023. Owners may contact Volvo Car's customer service 1-800-458-1552. Volvo Car's number for this recall is R10225.
- AIR BAGS:FRONTAL:DRIVER SIDE:INFLATOR MODULE24V938000 · 2024-12-18
Volvo Car USA, LLC (Volvo Car) is recalling certain 2023-2024 Volvo C40 vehicles. The clamps may be improperly crimped on the driver's side inner far side air bag module (FSAB), which can cause the air bag to deploy improperly.
Remedy: Dealers will replace the driver's side inner FSAB, free of charge. Owner notification letters were mailed January 24, 2025. Owners may contact Volvo Car customer service at 1-800-458-1552. Volvo Car's number for this recall is R10296.
Compare with rivals
All model years
Frequently asked questions
What is the MPG of the 2023 Volvo C40?
The 2023 Volvo C40 is EPA-rated at 87 MPG combined (94 city / 80 highway).
Is the 2023 Volvo C40 reliable?
NHTSA lists 3 recalls for the 2023 Volvo C40. Recalls are repaired free of charge by the manufacturer — verify any open recalls by VIN before purchase.
How much does it cost to fuel the 2023 Volvo C40?
At 12,000 miles per year, the 2023 Volvo C40 costs roughly $1,785 per year to charge, or about $8,923 over 5 years at current U.S. energy prices.
What type of vehicle is the 2023 Volvo C40?
The 2023 Volvo C40 is classified as a compact suv. Common rivals in this class are worth comparing on price, MPG, and safety.
Sources: NHTSA vPIC · EPA FuelEconomy · NHTSA vPIC