Car Buyer's Guide

Overview

The Volvo XC40 is a Mk1 C-segment SUV, launched in 2018 and sold here as a five-seat petrol-hybrid compact premium crossover. It suits buyers who want a smaller Volvo SUV without moving to the electric EX40. The range starts from RM268,888, positioned above mass-market C-segment SUVs and close to the MINI Countryman and Mercedes-Benz GLA.

XC40 in 2026 — what's new

For 2026, the XC40 carries on unchanged. The current range is the B5 Ultimate petrol hybrid, after the T5 plug-in hybrid was dropped and the former XC40 Recharge Electric was renamed EX40. The latest updates already in play are the Volvo Car UX with Snapdragon Cockpit Platform, plus the B5’s Pixel projector headlights and sunroof introduced with the 2024 update.

Variant (1)

RM268,888 · est. from RM2,745/mo

Colours

across the range — availability varies by variant

  • Black Stone Solid
  • Crystal White Pearl
  • Denim Blue Metallic
  • Glacier Silver Metallic
  • Thunder Grey Metallic

Volvo XC40 buyer's guides & reviews

Verdict

The XC40 is now a simple proposition: one petrol-hybrid variant, one trim, no plug-in hybrid and no XC40-badged EV. At RM268,888, it costs far more than a Proton X70, Jetour Dashing or Proton eMas 7, and also sits RM10,000 above the Mercedes-Benz GLA and MINI Countryman entry prices. But it remains the Volvo compact SUV for buyers who are not ready to switch to the EX40.

Buying a new XC40? Sell your old car, get paid in 24 hours

Volvo XC40 sales in Malaysia

5 registered so far in 2026 — Malaysia's #277 best-selling model this year.

35 Apr 2025 Mar 2026 Full XC40 sales data, month by month →

Volvo XC40 resale value

What a used XC40 holds of its price, by registration year: the trade-guide value insurers and dealers reference, and the price the market typically asks.

A three-year-old XC40 holds about 60% of its original value — weaker than the market average of 64%. The slower the line falls, the better it holds its value.
0% 50% 100% 1 2 3 4 5 6 7 8 9 10 Age (years)
Volvo XC40 Market average
Year Trade guide Typical asking Holds
2026 RM278,900 100%
2025 RM218,700 78%
2024 RM195,500 70%
2023 RM166,500 60%
2022 RM137,700 RM112,800 (8) 43%
2021 RM120,900 RM105,800 (24) 41%
2020 RM109,400 RM86,000 (7) 34%
2019 RM90,000 RM78,900 (10) 31%
2018 RM81,200 32%

Trade-guide and market listing data, West Malaysia. Actual prices vary with condition, mileage and variant; "holds" compares against that year's new price.

Rivals to consider

same class, similar money

Volvo XC40 FAQ

How much is the Volvo XC40 in Malaysia?

The Volvo XC40 costs RM268,888 in Malaysia. The sole variant is the B5 Ultimate petrol hybrid.

What do you get in the Volvo XC40?

The XC40 B5 Ultimate gets a 1,969 cc petrol-hybrid powertrain with 263 hp, a conventional automatic gearbox and five seats. Current equipment includes Pixel projector headlights, a sunroof and Volvo Car UX with Snapdragon Cockpit Platform.

Is the Volvo XC40 electric?

No. The current XC40 is a petrol-hybrid B5. The former XC40 Recharge Electric has been renamed EX40, so the electric version no longer sits under the XC40 name.

Which Volvo XC40 variant should I buy?

There is only one XC40 variant: the B5 Ultimate. Buy it if you want the petrol-hybrid Volvo compact SUV; look at the EX40 if you want the battery-electric model.

Latest Volvo XC40 news