Volvo announced the latest inductee into its SUV line-up with the compact XC40. The announcement was anything but a surprise, as it leaked out early last week, but the full reveal was still filled with many impressive takeaways. Leading off was the XC40’s impressive modern design with a tech-focused interior.
The XC40 is very much a Volvo SUV. Following in the steps of its bigger brothers, the XC60 and XC90, the XC40 carries the same SUV design Volvo has molded over the past few years, just in a smaller frame. It’s here to compete with the compact SUV crossover market Volvo has been absent from, joining the BMW X1, Audi Q3 and Mercedes Benz GLA SUV.
Among the key characteristics of the XC40’s chassis is the wide front grill with the cutting Volvo logo, vertical checkmark LED tail lights and dual-tone black roof. Even though it was designed as a compact car, it still looks imposing.
Volvo infused the interior with a ton of tech-centric features. A 12.3-inch TFT digital instrument cluster, 9-inch center console display, CarPlay and Android Auto support and Qi wireless charger are among the most intriguing features that made their way from Volvo’s bigger SUVs. There is a even a new “digital key” feature through the Volvo app that will let trusted family and friends drive the car when you nor the key is around.
Also available will be the T5 all-wheel version that packs a 2.0-liter turbocharged four-cylinder gas engine capable of 247 horsepower. A hybrid version will be available at a later time with an all-electric model coming within a few years.
Volvo is also introducing its new Care by Volvo leasing option that is squarely aimed at millennials looking for new cars. The option is a 24-month lease plan that will include car payments, insurance and maintenance in one monthly fee—excluding fuel.
It’s a quirky option to have, one that many be convenient, but Volvo didn’t reveal pricing for its leasing plan. The XC40 is starting at $35,200 for the T5 all-wheel drive version while the T4 front-wheel drive version will be available for $34,200. How much exactly the lease will be when all of the car’s expenses are taken into account, we don’t know.
This is a interesting experiment Volvo is holding with the XC40. But the car itself makes a worthy argument to be considered if you are looking for a compact SUV in the mid-$30,000 price range. It’s gorgeous, reasonably priced and is filled to the brim with tech features.