Is a Volvo XC40 expensive to insure?

The Volvo XC40 is an SUV that's expensive to insure. The expected average cost of auto insurance for the Volvo XC40 is $231 a month or $2,772 a year. With a starting MSRP of $42,450, that makes the price-to-cost ratio 6.53%, compared to the national average of 3%.

Progressive Insurance Snapshot Device on a 2019 Volvo XC40

Is Volvo expensive to insure?

Volvos are often some of the least expensive luxury cars to insure. The average monthly cost for auto insurance for Volvo owners is $157 and about $1,848 a year. While lots of factors go into determining your insurance rate, the make and model of the vehicle you drive is one of the biggest.

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Does the Volvo XC40 have a lot of problems?

Even though there are only 15 individual complaints, these cover a total of 24 common problems. The most prevalent issues are electrical system problems (5). Many of these also highlight powertrain and fuel/propulsion system issues, which record 3 problems each.

How much is monthly insurance on a Volvo XC40?

Volvo XC40 insurance rates average $1,466 yearly, or about $122 on a monthly basis. Overall, expect to pay approximately $248 less each year to insure a Volvo XC40 as compared to the average rate for small luxury SUVs, and $101 less per year than the $1,567 national average.

Are Volvos more expensive to insure?

Volvos are often some of the least expensive luxury cars to insure. The average monthly cost for auto insurance for Volvo owners is $157 and about $1,848 a year. While lots of factors go into determining your insurance rate, the make and model of the vehicle you drive is one of the biggest.

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What problems do Volvo XC40 have?

The most prevalent issues are electrical system problems (5). Many of these also highlight powertrain and fuel/propulsion system issues, which record 3 problems each. There are 3 visibility/wiper problems too.

How expensive is Volvo maintenance?

Volvo models average around $13,513 for maintenance and repair costs during their first 10 years of service. This is more than the industry average for luxury brands by $1,469. There is also a 30.46% chance that a Volvo will require a major repair during that time.

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Do Volvos have alot of problems?

Compared to other luxury cars, Volvos have a relatively low number of reported problems. The model with the most issues, according to CarComplaints, is the XC90 SUV.

Why is Volvo so unreliable?

Software updates are another reason why Volvos are lower down the reliability scale. Volvos are packed full of technology and the more technology there is, the more elements there are that can go wrong. As anyone who has the latest phone with the newest operating system will know, sometimes updates go wrong.

What problems do Volvo XC40 have?

The most prevalent issues are electrical system problems (5). Many of these also highlight powertrain and fuel/propulsion system issues, which record 3 problems each. There are 3 visibility/wiper problems too.

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Are Volvos XC40 reliable?

Is the Volvo XC40 Reliable ? The 2022 Volvo XC40 has a predicted reliability score of 76 out of 100. A J.D. Power predicted reliability score of 91-100 is considered the Best, 81-90 is Great, 70-80 is Average, and 0-69 is Fair and considered below average.

Which is a better car Volvo XC40 or Audi Q3?

The Audi Q3 offers rear passengers about the same room to stretch out as the Volvo XC40, with comparable head- and legroom. The Audi Q3 offers just a little more front head- and legroom than the Volvo XC40, making it a little more comfortable for the driver and front passenger.

Is the 2021 Volvo XC40 reliable?

The 2021 Volvo XC40 has a predicted reliability score of 76 out of 100.

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Is the 2021 Volvo XC40 reliable?

The 2021 Volvo XC40 has a predicted reliability score of 76 out of 100.

How long will a Volvo XC40 last?

The Volvo XC40 can last between 200,000 and 250,000 miles when properly maintained, well looked after and driven conservatively. Based on an annual mileage of 15,000 miles, the XC40 can provide approximately 13 – 17 years of service before breaking down or requiring expensive repairs.

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Is Volvo XC40 expensive to maintain?

Within the first 10 years of service, you can expect to pay approximately $11,907 on a Volvo XC40 model, besting the average maintenance cost on a luxury car by $3,553. Also, the chances of the xc40 model requiring a major repair during this period are merely 36.25%, which is 3.31% better than related models..

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