- Newest year: 2003
- Gas
- Wagons
- Same as 2002
2000-2003 Volvo V40 MPG & Fuel Cost
4 model years · 21–23 MPG combined
15,000 mi/yr · premium gasoline $5.36/gal (U.S. average, Sep 2026)
Cheaper to fuel than 4 of 10 wagon configurations, MY2003. Ranked against all rated configurations, not sales-weighted.
2000-2003 Volvo V40 at a glance
The 2000-2003 Volvo V40 covers 4 model years in the EPA database (4 configurations in all), rated 21–23 MPG combined. The newest model year, 2003, costs about $3,650 a year to fuel for its most efficient version, the V40 1.9L 4-cyl turbo FWD (22 MPG), at premium gasoline $5.36/gal (U.S. average, Sep 2026). EPA changed the ratings in 2001 and 2002; 2003 repeat the values of the year before. The best combined rating in the generation, 23 MPG, was reached in 2001.
EPA re-estimated ratings of 1985-2007 vehicles under its 2008 method; these figures are the re-estimated values.
2000-2003 Volvo V40 by model year
What the 2003 V40 1.9L 4-cyl turbo FWD costs to drive
Per month
$304
$3,650 a year ÷ 12
Per 25 miles
$6.08
Per 100 miles
$24.33
Five years
$18,250
5 × the yearly cost, prices held at today's level
vs the wagon median
Same
Class median $3,650 a year, MY2003
Based on 15,000 miles a year and premium gasoline $5.36/gal (U.S. average, Sep 2026).
2003 Volvo V40 MPG
EPA re-estimated ratings of 1985-2007 vehicles under its 2008 method; these figures are the re-estimated values.
EPA lists the same ratings for the 2003 Volvo V40 as for the 2002 model, so the configurations and costs are the ones in the 2002 section above.See 2002
Gas configurations (1)
| Trim | Engine | Drive | City | Hwy | Comb. | $/yr |
|---|---|---|---|---|---|---|
| V40 (Most efficient) | 1.9L 4-cyl turbo | FWD | 19 | 27 | 22 | $3,650 |
1 configuration requires or recommends higher-octane gasoline and is costed at premium gasoline $5.36/gal (U.S. average, Sep 2026).
2002 Volvo V40 MPG
22 MPG · $3,650/yr
EPA re-estimated ratings of 1985-2007 vehicles under its 2008 method; these figures are the re-estimated values.
Versus 2001: The most efficient configuration moves from 23 to 22 MPG, down 1. Its annual cost goes from $3,490 to $3,650, $160 more.
Gas configurations (1)
| Trim | Engine | Drive | City | Hwy | Comb. | $/yr |
|---|---|---|---|---|---|---|
| V40 (Most efficient) | 1.9L 4-cyl turbo | FWD | 19 | 27 | 22 | $3,650 |
1 configuration requires or recommends higher-octane gasoline and is costed at premium gasoline $5.36/gal (U.S. average, Sep 2026).
2001 Volvo V40 MPG
23 MPG · $3,490/yr
EPA re-estimated ratings of 1985-2007 vehicles under its 2008 method; these figures are the re-estimated values.
Versus 2000: The most efficient configuration moves from 21 to 23 MPG, up 2. Its annual cost goes from $3,830 to $3,490, $340 less.
Gas configurations (1)
| Trim | Engine | Drive | City | Hwy | Comb. | $/yr |
|---|---|---|---|---|---|---|
| V40 (Most efficient) | 1.9L 4-cyl turbo | FWD | 20 | 29 | 23 | $3,490 |
1 configuration requires or recommends higher-octane gasoline and is costed at premium gasoline $5.36/gal (U.S. average, Sep 2026).
2000 Volvo V40 MPG
21 MPG · $3,830/yr
EPA re-estimated ratings of 1985-2007 vehicles under its 2008 method; these figures are the re-estimated values.
Gas configurations (1)
| Trim | Engine | Drive | City | Hwy | Comb. | $/yr |
|---|---|---|---|---|---|---|
| V40 (Most efficient) | 1.9L 4-cyl turbo | FWD | 19 | 26 | 21 | $3,830 |
1 configuration requires or recommends higher-octane gasoline and is costed at premium gasoline $5.36/gal (U.S. average, Sep 2026).
Fuel cost by state
Yearly cost of the V40 1.9L 4-cyl turbo FWD: $4,350 in California and $3,170 in Texas, a $1,180 difference.
- California $4,350
- Washington $4,100
- New York $3,610
- Florida $3,330
- Texas $3,170
Similar cars
Closest combined MPG among MY2003 wagon models.
Generations
- 2000-2003 (1st gen)
- 2004 (2nd gen)
Frequently asked questions
What gas mileage does the 2000-2003 Volvo V40 get?
EPA rates the 2000-2003 Volvo V40 at 21–23 MPG combined across 4 configurations and 4 model years. The most efficient version, the 2001 V40 1.9L 4-cyl turbo FWD, is rated 23 MPG (20 city, 29 highway).
Which years had the best MPG in the 2000-2003 Volvo V40?
The V40 1.9L 4-cyl turbo FWD reached the generation's best combined rating, 23 MPG, in 2001. The lowest top rating, 21 MPG, was in 2000.
Did EPA ratings change during the 2000-2003 Volvo V40?
Yes. Ratings changed in 2001 and 2002. In 2003 the values repeat the year before.
How much does it cost to fuel a 2003 Volvo V40 per year?
Driving 15,000 miles a year at premium gasoline $5.36/gal (U.S. average, Sep 2026), the V40 1.9L 4-cyl turbo FWD costs about $3,650 a year. Across all 1 configuration the cost runs $3,650 a year.
How much does it cost to drive a 2003 Volvo V40 100 miles?
About $24.33 per 100 miles for the V40 1.9L 4-cyl turbo FWD at premium gasoline $5.36/gal (U.S. average, Sep 2026). That is the annual cost over 15,000 miles divided by 150.
Is the 2003 Volvo V40 more efficient in the city or on the highway?
The V40 1.9L 4-cyl turbo FWD is rated 19 city and 27 highway MPG, so it is more efficient on the highway, by 8 MPG.
How does the 2003 Volvo V40 compare with other wagon configurations?
The V40 1.9L 4-cyl turbo FWD costs about $3,650 a year to fuel, the same as the class median of $3,650, and less than 4 of 10 wagon configurations. The comparison covers all 45 rated wagon configurations for MY2003, not weighted by sales.
Is the 2003 Volvo V40 different from the 2002 model?
No. EPA lists the same ratings for 2002 and 2003: 1 configuration rated 22 MPG combined. See the 2002 Volvo V40 for that year.