Is the 2024 Volvo XC40 reliable?

The 2024 Volvo XC40 has 42 complaints filed with NHTSA (1.0x the segment average). Our reliability verdict: above-average. Most common issue: DRIVER ASSIST/CAMERAS problems.

What are common problems with the 2024 Volvo XC40?

Top problems: DRIVER ASSIST/CAMERAS (12 complaints, avg repair $500); BRAKES (8 complaints, avg repair $500); OTHER (6 complaints, avg repair $500). Issues typically appear around 50K miles.

Are there any recalls on the 2024 Volvo XC40?

Yes, there are 4 recall(s): ELECTRICAL SYSTEM:SOFTWARE, BACK OVER PREVENTION:SOFTWARE, SERVICE BRAKES, HYDRAULIC:POWER ASSIST:ELECTRIC:CONTROL MODULE:SOFTWARE, BACK OVER PREVENTION:SOFTWARE. Contact any Volvo dealer to verify if recalls have been completed on your specific vehicle.

How much does it cost to fuel a 2024 Volvo XC40?

The 2024 Volvo XC40 gets 26 MPG combined. At current US average gas prices, driving 12,000 miles per year costs roughly $1846. See the interactive fuel cost calculator on this page for state-specific pricing.

How much does it cost to insure a 2024 Volvo XC40?

Estimated US average full-coverage insurance for the 2024 Volvo XC40 is approximately $2,464/year (sedan-luxury class). Actual quotes vary heavily by state, driver age, driving record, and credit — see the interactive insurance estimator on this page for state-specific pricing.

2024 Volvo XC40

Problems, Recalls & Reliability Report

Above Average

Quick Summary

The 2024 Volvo XC40 has 42 owner complaints filed with NHTSA — that's 1.0x the segment average of 43. The most common issue is driver assist/cameras problems (29% of all complaints), specifically: the contact owns a 2024 volvo xc40. the contact stated while attempting to park the vehicle, the camera image was barely visible. the contact stated that the display screen was very dim. no warning light was illuminated. the vehicle had been diagnosed; however, the mechanic was unable to determine t. There are 4 recalls issued for this model year.

12 crash reports 6 injuries

Total Complaints

Recalls Issued

—/5

Safety Stars

1.0x

vs Segment Avg

Known Problems(top 5 of 8)

DRIVER ASSIST/CAMERAS

12 complaints

29%

• The contact owns a 2024 Volvo XC40. The contact stated while attempting to park the vehicle, the camera image was barely visible. The contact stated that the display screen was very dim. No warning light was illuminated. The vehicle had been diagnosed; however, the mechanic was unable to determine t
• There have been several times when slowly backing up when monitoring the mirrors and backup camera that the car had a very violent stop. I wasn't going fast at all and was within two feet of objects that I'm very familiar with. My old car handled backing up fine and didn't stop so violently. The war
• There have been several times when slowly backing up when monitoring the mirrors and backup camera that the car had a very violent stop. I wasn't going fast at all and was within two feet of objects that I'm very familiar with. My old car handled backing up fine and didn't stop so violently. The war

Typical onset: 50K miles Est. repair: $500💥 5 crashes

“The contact owns a 2024 Volvo XC40. The contact stated while attempting to park the vehicle, the camera image was barely visible. The contact stated that the display screen was very dim. No warning light was illuminated. The vehicle had been diagnosed; however, the mechanic was unable to determine t”

— NHTSA complaint filing

Recalls (4)

ELECTRICAL SYSTEM:SOFTWARE10/01/2024

Volvo Car USA, LLC (Volvo Car) is recalling certain 2024 XC40 vehicles. A diagnostic error in the Central Electronic Module (CEM) software may cause the left rear turn signal indicator to not function.

Risk: A nonfunctioning exterior turn signal may not notify other drivers of a turning vehicle, increasing the risk of a crash.

Fix: The CEM software will be updated by a dealer or through an over-the-air (OTA) update, free of charge. Owner notification letters were mailed February 16, 2024. Owners may contact Volvo Car customer service at 1-800-458-1552. Volvo Car's number for this recall is R10256.

Fuel Cost Calculator for 2024 Volvo XC40

Live EIA prices

Annual miles driven: 12,000

Your state (affects local gasoline price)

Per year

$1,847

Per month

$154

Per mile

15.4¢

MPG

City driving (worst-case MPG)

$2,001/yr

Highway driving (best-case MPG)

$1,600/yr

Based on EPA fuel-economy ratings and EIA weekly retail prices (2026-07-20). Real-world cost varies with driving style, trim/engine, terrain, and traffic.

5-Year Gas Price History

EIA weekly retail data · 2021 → today

Show:

Current

$4.00

5-year low

$2.78

5-year high

$5.01

Since 2021

+27%

Source: US Energy Information Administration weekly retail gasoline prices.

Estimated Insurance Cost for 2024 Volvo XC40

Estimate only, not a quote. Modeled from NAIC + HLDI averages for a hypothetical 35-year-old driver with clean record + full coverage. Your actual quote depends heavily on your age, driving history, credit, ZIP code, and insurer.

Your state (affects local premium average)

Full coverage / year

$2,464

Full coverage / month

$205

Liability only / year

$710

vs US avg

+47%

How this estimate is calculated

US base full-coverage premium$1674

× state (US)1.00x

× vehicle class (sedan-luxury)1.28x

× theft risk1.00x

× safety rating1.00x

× vehicle age1.15x

= Full coverage estimate$2464

Coverage assumed: 100/300/100 liability + comprehensive/collision, $500 deductibles. Data sources: NAIC 2024 + HLDI loss studies.

Maintenance & Warranty

Recommended Volvo XC40 Service Intervals

Oil change

10K mi / 12 mo

Tire rotation

10K mi

Brake fluid

24 months

Transmission fluid

60K mi

Engine coolant

100K mi

Spark plugs

60K mi

Cabin air filter

15K mi

Engine air filter

30K mi

Differential (AWD/4WD)

40K mi

T5/T6/T8 all use 4-cylinder engines. T8 plug-in hybrids: battery cooling system serviced with engine coolant.

"Severe service" conditions (heavy towing, extreme temps, city stop-and-go) typically halve these intervals. Always consult your vehicle's owner's manual for the authoritative schedule.

Volvo New-Vehicle Warranty Coverage

Bumper-to-bumper (basic)

4 yr / 50K mi

Powertrain

4 yr / 50K mi

Hybrid/EV battery

8 yr / 100K mi

Corrosion (rust perforation)

12 yr / unlimited mi

Roadside assistance

4 yr / unlimited mi

Corrosion unlimited miles for 12 years

Estimated Repair Costs

DRIVER ASSIST/CAMERAS(~50K mi)

$500

BRAKES(~50K mi)

$500

OTHER(~50K mi)

$500

ELECTRICAL(~50K mi)

$500

TRANSMISSION(~50K mi)

$500

Estimates based on average reported repair costs. Actual costs vary by location, shop, and severity.

🔍 Pre-Purchase Inspection Checklist

Based on 42 owner complaints for this specific year, here's what to check or ask about:

☐
DRIVER ASSIST/CAMERAS: The contact owns a 2024 Volvo XC40. The contact stated while attempting to park the vehicle, the camera image was barely visible. The contact stated that the display screen was very dim. No warning light was illuminated. The vehicle had been diagnosed; however, the mechanic was unable to determine t
Typically appears around 50K miles. Repair cost ~$500
☐
BRAKES: My wife pulled into a neighbor's driveway and put the car in Park. The car stopped. She reached over to the passenger's seat to pick up an item and the car lurched forward, crashing into the closed garage door before she could stop it. There were no warning lights alerting her that this would happen
Typically appears around 50K miles. Repair cost ~$500
☐
OTHER: This submittal is concerning the backup camera viewing area and the 360 degree camera view. The backup camera doesn't provide the same view as did our 2021 XC-40 R-Design rear back up camera view. The 360 degree view is very confusing when there are other cars or objects around the car. When goin
Typically appears around 50K miles. Repair cost ~$500
☐
ELECTRICAL: My wife pulled into a neighbor's driveway and put the car in Park. The car stopped. She reached over to the passenger's seat to pick up an item and the car lurched forward, crashing into the closed garage door before she could stop it. There were no warning lights alerting her that this would happen
Typically appears around 50K miles. Repair cost ~$500
☐
RECALLS: Verify all 4 recalls have been completed — free at any Volvo dealer
☐
General: Get a pre-purchase inspection from an independent mechanic ($100-$200)