What used Volvo V40 hatchback will I get for my budget?
High-mileage early Volvo V40s can be found for £4,500, but it is better to budget for at least £6,000: this gets you a 1.6-litre D2 SE manual with average mileage and a decent service history. Petrol-powered models, meanwhile, start at around £7500.
The V40 was given a mild facelift in 2016; if you want one of these cars, you’ll need to stump up at least £10,000. A last-of-the-line V40 from a Volvo main dealer will start from around £14,500
Check the value of a used Volvo V40 with What Car? Valuations
How much does it cost to run a Volvo V40 hatchback?
In terms of fuel costs, the V40 shouldn't trouble your bank balance and will be on par with its rivals. The D2 is the most efficient model – its fuel consumption figure is an impressive 78.5mpg. The five-cylinder D3 and D4 of the period both had figures of 65.7mpg, although the later 2.0-litre four-cylinder diesel that replaced all variants still provided decent economy at 74.3mpg.
If you’d rather a petrol V40, an early 1.6-litre T3 and T4 have similar economy and emissions figures (53.3mpg for the T3 and 51.4mpg and for the T4). The five-cylinder T5 is the most expensive model to run with a purse-busting figure of 34.9mpg. This is probably why it was replaced, along with the other petrol models, with a more efficient 2.0-litre four-cylinder engine that has a figure of 47.9mpg in 242bhp T5 form. The 1.5-litre petrol auto turns in a respectable figure of 50.4mpg.
Go for the D2 diesel for the lowest CO2 emissions of just 94g/km, although the 2.0-litre, four-cylinder used in the later D3 and D4 models managed to emit only 99g/km. Earlier (pre-2015) D3 and D4 models use a larger five-cylinder engine that puts out more CO2, at 114g/km.
As long as you avoid the five-cylinder T5 in early examples of V40 (it spits out 189g/km), then the petrols are reasonable for road tax. As with the diesel models, the petrol engine range was revised in 2015 to use smaller four-cylinder engines, which is why a later T5 only emits 137g/km in T5 form. Both the regular manual T4 and automatic-equipped T2 and T3 petrols produce 129g/km. The T3 has the lowest CO2 figure for a petrol V40 at 124g/km.
If your V40 was registered before 1 April 2017, then it'll be charged for yearly road tax under the older system that was based on CO2 emissions, whereas those registered after this point will pay a flat rate fee under the current system. To find out more about the current road tax costs, click here for further information.
Servicing however won’t be quite so cheap, as Volvo dealers do not provide fixed price servicing.
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