Is the $31,995 price on this 2023 Volvo XC40 a good deal?

OAV rates this as Fair Price because the asking price of $31,995 is within the typical market range for this vehicle.

How long does a 2023 Volvo XC40 typically stay on dealer lots?

Comparable Volvo XC40 listings in IL spend an average of 59 days on dealer lots.

Where is this 2023 Volvo XC40 located?

This vehicle is listed in Chicago, IL 60622. VIN: YV4L12UN5P2101882. Mileage: 14,801 miles.

What is the fair market price range for this 2023 Volvo XC40?

OAV's Price-to-Market analysis estimates the fair market range is $19,276 to $33,407, based on 36 comparable listings matched to this vehicle.

2023 Volvo XC40 Plus for Sale in Chicago, IL

No Photo Available

Vehicle Details

VINYV4L12UN5P2101882

TrimPlus

Exterior ColorWhite

Drivetrain4WD

Engine2.0L I4

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot14

Plus

Fair Price

$31,99514,801 mi

Chicago, IL 60622

Is this 2023 Volvo XC40 Plus a good deal?

OAV verdict: Fair Price

Why: Listed at $31,995, comparable market range $19,276–$33,407, based on 36 comparable listings. Days on lot: 14 days (market average 59 days).

Market price position

$31,995 · within market range

Comparable range: $19,276 – $33,407
vs. market: $12,719 above low · $1,412 below high
Comparable vehicles: 36

Market Retail Price (MRP™)

$26,342

This vehicle $31,995 · $5,653 (21%) above MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$31,611

This vehicle $31,995 · $384 (1%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-31) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 18–64 days.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges are rebuilt from the market snapshot shown above.

Regional Range$19,276 – $33,407

Land Rover Chicago

Chicago, IL

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

View all vehicles from land rover chicago →

Request availability and out-the-door price

OAV will route your inquiry to Land Rover Chicago for current availability of this 2023 Volvo XC40 Plus and an out-the-door price quote (taxes, fees, addons included).

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

About This 2023 Volvo XC40

Listing updated: Jul 31, 2026

Listed by a franchise dealer in Chicago, IL · On lot for 14 days · VIN verifiable at NHTSA

This used 2023 Volvo XC40 Plus is listed at $31,995 by land rover chicago in Chicago, IL 60622. It has 14,801 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is White. It features a 4WD drivetrain with a 2.0L I4 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 36 comparable listings matched to this vehicle for its price verdict, the estimated market range is $19,276 to $33,407.

This vehicle has been on the lot for 14 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

Market context

This listing is part of OAV's broader Chicago, IL suvs market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

How this deal is rated

OAV compares this 2023 Volvo XC40 against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Chicago, IL, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN YV4L12UN5P2101882 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2023 Volvo XC40 Market in IL

IL Market Listings

105

Average Price

$29,026

Price Range

$15,890–$46,403

Avg Days on Lot

Based on all 105 2021-2025 Volvo XC40 listings in the IL market, the average asking price is $29,026. This listing at $31,995 is $2,969 above the broader IL average (10% above the IL average). This is a wider, all-trim comparison across IL; OAV's price verdict above uses the closer comparable set. Comparable prices in IL range from $15,890 to $46,403. Similar vehicles spend an average of 59 days on dealer lots in this market.