Car Buyer's Guide
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Overview

The Volvo XC40 is a C-segment SUV for buyers wanting a compact premium Volvo with five seats, all-wheel drive and mild-hybrid petrol power. The Mk1 generation launched in 2018 and the Malaysian range starts with the XC40 B5 Ultimate at RM268,888. It sits close to the Mercedes-Benz GLA and MINI Countryman on price.

XC40 in 2026 — what's new

The XC40 carries into 2026 unchanged, with no 2026-specific update announced. Malaysia’s current range consists of the B5 Ultimate mild-hybrid petrol model with all-wheel drive and an automatic gearbox. The latest announced XC40 development is Volvo Car UX and the Snapdragon Cockpit Platform, which begins reaching the XC40 in 2025. Earlier Malaysian range changes removed the T5 Recharge plug-in hybrid, leaving the B5 mild-hybrid and XC40 EV at that time.

Variant (1)

RM268,888 · est. from RM2,745/mo

Previous model years (8)

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 B5 Ultimate gives buyers a compact five-seat SUV with 263 hp and AWD, but its RM268,888 price is RM10,000 above the Mercedes-Benz GLA and MINI Countryman. It is still below the BMW iX2 at RM283,800, while far dearer than the Proton eMas 7, Proton X70 and Jetour Dashing. The B5’s appeal rests on its Volvo badge, AWD layout and mild-hybrid petrol setup rather than a low entry price.

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 RM115,899 (18) 44%
2021 RM120,900 RM99,999 (25) 39%
2020 RM109,400 RM86,000 (9) 34%
2019 RM90,000 RM78,400 (12) 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 B5 Ultimate costs RM268,888 in Malaysia. It is the sole current petrol XC40 variant.

What do you get in the Volvo XC40?

The XC40 B5 Ultimate has a 1,969 cc mild-hybrid petrol powertrain with 263 hp, all-wheel drive, an automatic gearbox and five seats.

Is the Volvo XC40 available as a plug-in hybrid in Malaysia?

No. The XC40 T5 Recharge plug-in hybrid has been dropped from the Malaysian line-up. The current petrol model is the B5 mild-hybrid.

What is new for the Volvo XC40 in 2026?

No 2026-specific XC40 update has been announced. The model carries over, following the announced introduction of Volvo Car UX and the Snapdragon Cockpit Platform from 2025.

Latest Volvo XC40 news

Related PaulTan.org Content: Tech | Reviews: Reviews | Electric: Electric | 2025 | Featured: Featured | Malaysia: Malaysia