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2021 Volvo XC40

The 2021 Volvo XC40 is a compact SUV, rated at 26 MPG combined by the EPA. NHTSA lists 5 recalls for this model year.

2021 Volvo XC40
© OWS Photography · CC BY 4.0
Combined MPG
26
NHTSA safety
Not rated
Starting price
$39,000
Recalls
5

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Full specifications

Identity

SRC · NHTSA vPIC
MakeVolvo
ModelXC40
Model year2021
Vehicle classCompact SUV

Engine & drivetrain

SRC · EPA FuelEconomy
Displacement2 L
Cylinders4
TransmissionAutomatic (S8)
DrivetrainFront-Wheel Drive
FuelRegular Gasoline

Fuel economy

SRC · EPA FuelEconomy
City MPG23
Highway MPG32
Combined MPG26
CO₂ tailpipe340 g/mi
EPA annual fuel cost$2400

Available configurations

SRC · EPA FuelEconomy
XC40 AWD25 MPG combined
XC40 AWD BEV79 MPG combined
XC40 FWD26 MPG combined

Fuel economy

SRC · EPA FuelEconomy
City23 MPG
Highway32 MPG
Combined26 MPG

Efficiency vs class average

XC4026 MPG
Class average32.2 MPG

About 19% below the class average.

Est. monthly payment
$687/mo
Amount financed
$35,100
Total interest
$6,106
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5-year fuel cost
$7,731

$1,546/yr · 12,000 mi/yr · $3.35/gal

Combined MPG26
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Extended warranty & insurance

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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 vPIC

NHTSA has not published NCAP crash-test ratings for this model year yet.

Recalls (5)

  • ELECTRICAL SYSTEM:PROPULSION SYSTEM:TRACTION BATTERY:MANAGEMENT SYSTEM/ENERGY CONTROL MODULE (BMS/BECM):SOFTWARE21V109000 · 2021-02-24

    Volvo Car USA, LLC (Volvo Car) is recalling certain 2021-2022 XC40 Recharge vehicles. The Battery Energy Control Module (BECM) microprocessor may reset and cause the high voltage system to disconnect.

    Remedy: Volvo Car will notify owners, and dealers will install a software update, free of charge. The recall began March 30, 2021. Owners may contact Volvo Car customer service at 1-888-458-1552. Volvo Car's number for this recall is R10078.

  • SEAT BELTS:FRONT:RETRACTOR21V682000 · 2021-09-01

    Volvo Car USA, LLC (Volvo Car) is recalling certain 2021 XC40, XC 40 Recharge, V60CC, V90, V90CC, XC90, and 2021-2022 V60, XC60, S60 vehicles. The seat belt automatic locking retractors may deactivate early, which can prevent the child restraint system from securing properly. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 208, "Occupant Crash Protection."

    Remedy: Dealers will inspect and replace the seat belt assemblies, as necessary, free of charge. Owner notification letters were mailed October 13, 2021. Owners may contact Volvo Car customer service at 1-888-458-1552. Volvo Car's number for this recall is R10111.

  • ENGINE21V881000 · 2021-11-12

    Volvo Car USA, LLC (Volvo) is recalling certain 2021 XC40 BEV vehicles. A bolt that secures the cross-member bracket for the electrical motor in the engine compartment may be loose or missing.

    Remedy: Dealers will replace the cross-member bracket and install new bracket bolts, free of charge. Owner notification letters were mailed December 16, 2021. Owners may contact Volvo customer service at 1-888-458-1552. Volvo's number for this recall is R10128.

  • BACK OVER PREVENTION:SOFTWARE25V282000 · 2025-05-08

    Volvo Car USA, LLC (Volvo Car) is recalling certain 2021-2025 XC40, 2022 V90, 2022-2025 S90, V90CC, C40, XC60, 2023-2025 S60, V60, V60CC, XC90, and 2025 EC40 and EX40 vehicles. The rearview camera image may not display when the vehicle is placed in reverse. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 111, "Rear Visibility."

    Remedy: The software will be updated by a dealer or through an over-the-air (OTA) update, free of charge. Owner notification letters were mailed June 27, 2025. Owners may contact Volvo Car customer service at 1-800-458-1552. Volvo Car's number for this recall is R10320.

  • BACK OVER PREVENTION:SOFTWARE25V908000 · 2025-12-23

    Volvo Car USA, LLC (Volvo Car) is recalling certain 2021-2025 XC40, 2022 V90, 2022-2024 C40BEV, 2022-2025 S90, V90CC, XC60, 2023-2025 S60, V60, V60CC, XC90, and 2025 EC40, and EX40 vehicles. The rearview camera image may not display when the vehicle is placed in reverse. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 111, "Rear Visibility."

    Remedy: The software will be updated by a dealer or through an over-the-air (OTA) update, free of charge. Owner notification letters were mailed February 24, 2026. Owners may contact Volvo Car’s customer service at 1-800-458-1552. Volvo Car's number for this recall is R10333. Vehicle Identification Numbers (VINs) involved in this recall will be searchable on NHTSA.gov beginning February 16, 2026. This recall replaces previous NHTSA recall number 25V282. Vehicles previously repaired under recall 25V282 will need to have the new remedy performed.

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Frequently asked questions

What is the MPG of the 2021 Volvo XC40?

The 2021 Volvo XC40 is EPA-rated at 26 MPG combined (23 city / 32 highway).

Is the 2021 Volvo XC40 reliable?

NHTSA lists 5 recalls for the 2021 Volvo XC40. 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 2021 Volvo XC40?

At 12,000 miles per year, the 2021 Volvo XC40 costs roughly $1,546 per year to fuel, or about $7,731 over 5 years at current U.S. energy prices.

What type of vehicle is the 2021 Volvo XC40?

The 2021 Volvo XC40 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