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

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.

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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.

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

2022 Volvo XC90 pricing before on-road costs