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2022 Volvo XC40 and XC90 pricing: Small and large SUV models impacted by global logistics issues

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The XC40 is still more affordable than many of its rivals, despite a small price bump.
The XC40 is still more affordable than many of its rivals, despite a small price bump.
Tim Nicholson
Managing Editor
9 May 2022
3 min read

Pricing has crept up across two of Volvo’s best-selling model lines - the XC40 small SUV and the XC90 large SUV.

The Swedish carmaker’s Australian arm has confirmed the price increase and said it was due to a combination of specification changes and logistics issues that are currently impacting most automakers.

The XC40 price increase has only impacted the internal combustion models, so the Recharge plug-in hybrid remains at $66,990 before on-road costs and the Recharge electric stays at $72,990 for the single motor and $79,990 for the dual motor.

But the entry-level front-wheel drive (FWD) T4 Momentum is up by $1000 to $48,490 and the all-wheel drive (AWD) T4 Inscription has increased by $1500 to $54,490.

These two variants are powered by a 140kW/300Nm 2.0-litre four-cylinder turbocharged petrol engine, paired with an eight-speed automatic transmission.

The XC40 T5 R-Design AWD is also up by $1500 to $58,490. That variant uses an uprated version of the 2.0-litre turbo, outputting 185kW/350Nm.

Despite the price increase, the XC40 remains competitive against rivals in the premium small SUV segment like the BMW X1 that starts at $47,900, the Audi Q3 from $53,000 and the Jaguar E-Pace from $69,000. But the Lexus US is the price leader in the segment, starting from $44,445.

The Volvo XC90 has also gone up in price.
The Volvo XC90 has also gone up in price.

At the other end of Volvo’s SUV line-up, all versions of the XC90 large SUV have gone up by $1500 apiece, except the Recharge plug-in hybrid that has increased by $2000.

It is now priced from $88,490 for the B5 Momentum AWD, $98,490 for the B5 R-Design AWD and $100,490 for the B6 R-Design AWD.

The B5 uses a 183kW/350Nm 2.0-litre turbocharged mild hybrid, while the B6 gets an output bump to 220kW/420Nm.

The Recharge PHEV is now $118,990 and gains bigger electric motors and a drop in fuel use from 2.3 litres per 100 kilometres to 1.8L/100km.

XC90 sales have dropped by 56.4 per cent in the first four months of 2022, with just 248 finding homes. That’s off the pace of the BMW X5 (913), Mercedes-Benz GLE (703), Lexus RX (564) and Audi Q7 (401).

2022 Volvo XC40 pricing before on-road costs

VariantTransmissionCost
T4 Momentum FWDAutomatic$48,490 (+$1000)
T4 Inscription AWDAutomatic$54,490 (+$1500)
T5 R-Design AWDAutomatic$58,490 (+$1500)
Recharge PHEVAutomatic$66,990
Recharge EV single motorAutomatic$72,990
Recharge EV dual motor Automatic$79,990

2022 Volvo XC90 pricing before on-road costs

VariantTransmissionCost
B5 Momentum AWDAutomatic$88,490 (+$1500)
B6 Inscription AWDAutomatic$98,490 (+$1500)
B6 R-Design AWDAutomatic$100,490 (+$1500)
Recharge PHEVAutomatic$118,990 (+$2000)
Tim Nicholson
Managing Editor
Calling out the make and model of every single car he saw as a toddler might have challenged his parents’ patience, but it was clearly a starting point for Tim Nicholson’s journey into automotive journalism. Tim launched the program, Fender Bender, on community radio station JOY 94.9 during completion of his Master of Arts (Media and Communications). This led to an entry role at industry publication GoAuto, before eventually taking the role of Managing Editor. A stint as RACV’s Motoring Editor – including being an Australia’s Best Cars judge – provided a different perspective to automotive media, before leading him to CarsGuide where he started as a Contributing Journalist in September 2021, and transitioned to Senior Editor in April 2022, before becoming Managing Editor in December 2022.
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