- Gas
- Wagons
- MY2000–2004
Volvo V40 MPG & Fuel Cost by Year
5 model years · 2000–2004
15,000 mi/yr · premium gasoline $5.36/gal (U.S. average, Sep 2026)
Volvo V40 fuel economy at a glance
EPA has rated the Volvo V40 for 5 model years, 2000 to 2004. Across those years its combined rating runs 21–23 MPG. The latest model year, 2004, has 1 configuration rated 22 MPG combined and costing $3,650 a year to fuel at premium gasoline $5.36/gal (U.S. average, Sep 2026). The most efficient configuration on record since 2000 is the 2001 V40 1.9L 4-cyl turbo FWD, at 23 MPG.
Volvo V40 MPG by year
| Year | Gas (MPG) | $/yr |
|---|---|---|
| 2004 (2nd gen) Generation page | ||
| 2004 | 22 | $3,650 |
| 2000-2003 (1st gen) Generation page | ||
| 2003 | 22 | $3,650 |
| 2002 | 22 | $3,650 |
| 2001 | 23 | $3,490 |
| 2000 | 21 | $3,830 |
Costs use the current EIA price set and 15,000 miles a year for every year, so years are comparable. Green marks the best year for each powertrain.
Volvo V40 generations
2 generations between 2000 and 2004. Open one for the table of every model year and configuration.
2004 powertrain options
More Volvo models
Frequently asked questions
What is the Volvo V40's gas mileage by year?
EPA combined ratings for the Volvo V40 run 21–23 MPG across model years 2000 to 2004. The latest year, 2004, is rated 22 MPG.
Which Volvo V40 model year has the best gas mileage?
The 2001 Volvo V40 V40 1.9L 4-cyl turbo FWD has the highest combined rating since 2000, at 23 MPG.
How much does a Volvo V40 cost to fuel per year?
For MY2004, EPA-rated configurations cost $3,650 a year to fuel, driving 15,000 miles at premium gasoline $5.36/gal (U.S. average, Sep 2026). The most efficient one costs $3,650.
Has the Volvo V40's fuel economy improved over time?
Yes. The most efficient configuration moved from 21 MPG in 2000 to 22 MPG in 2004, 1 MPG more.
Which Volvo V40 model years have the same ratings?
EPA lists identical ratings as the previous year for 2003, 2004. The generation pages mark those years "same EPA ratings" and point to the year that holds the full table.