The 2003 Volvo V40 is a compact wagon, part of the first generation (1995-2004) designed in collaboration with Mitsubishi. It offered a blend of practicality and Volvo's reputation for safety. Key trims included base models and potentially SE variants. New, it ranged roughly from $23,000 to $27,000. Its appeal lay in its wagon practicality within a smaller footprint and the Volvo's focus on occupant protection, making it a popular choice for families seeking a safe and versatile vehicle.
The Good
The 2003 Volvo V40 offers a practical blend of comfort and utility. Its performance is adequate for daily driving. It provides a comfortable ride, appealing to buyers who value a pleasant driving experience. A wagon design offers cargo versatility, and its Volvo heritage provides a feeling of safety, appealing to both rational and emotional needs.
The Bad
Known weaknesses of the 2003 Volvo V40 include potential issues with electrical components and some engine sensors. Suspension components may require attention due to age. Turbocharger issues can occur in turbocharged models. Rust, especially in areas with harsh winters, is also a concern. Regular maintenance is crucial to prevent major problems.
2003 Volvo V40: Quick Overview
- Engine Options: Typically offered with a range of inline-4 gasoline engines, including naturally aspirated and turbocharged variants.
- Horsepower: Horsepower varied depending on the engine. Naturally aspirated engines produced around 115-125 hp, while turbocharged versions ranged from approximately 160 to 200 hp.
- Fuel Economy: Fuel economy was generally decent for its class. Expect around 20-24 mpg in the city and 28-32 mpg on the highway for naturally aspirated engines. Turbocharged models had slightly lower figures.
- 0-60 Times: 0-60 mph times varied considerably. Naturally aspirated models took around 9-11 seconds, while turbocharged versions could achieve it in 7-8 seconds.
- Towing Capacity: Towing capacity was limited and not a primary focus for this vehicle. It was generally not recommended for heavy towing.
- Trim-Level Features: Trim levels typically included base models and SE variants.
Base models included standard features like air conditioning, power windows, and a basic sound system.
SE trims often added features such as alloy wheels, upgraded upholstery (leather or partial leather), a better sound system, cruise control, and potentially a sunroof.
Safety features were a Volvo hallmark, including front and side airbags, ABS, and whiplash protection. Further, fog lights and other options like heated seats could be included.
2003 Volvo V40 Specifications
Vehicle Information
| Year | 2003 |
| Make | Volvo |
| Model | V40 |
| Trim | - |
| Style | 1.9-T |
| Type | Sedan |
| Category | Small Station Wagon |
Manufacturing Details
| Made In | Sweden |
| Manufacturing City | BORN |
Dimensions
| Doors | 4-Door |
| Curb Weight | 2822 pounds |
| Gross Vehicle Weight Rating | - |
| Overall Height | - |
| Overall Length | - |
| Overall Width | - |
| Wheelbase Length | - |
| Standard Seating | - |
Engine & Performance
| Engine | B4204T4 |
| Engine Size | 1.9L |
| Engine Cylinders | 4 |
| Transmission | - |
| Transmission Type | Automatic |
| Transmission Speeds | - |
| Drivetrain | Front-Wheel Drive |
Additional Features
| Anti-Brake System | - |
| Steering Type | - |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $24,900 |
| Invoice Price | $23,406 |
| Delivery Charges | $685 |
Vehicle History Report
Vehicle
Specifications
Specifications
Ownership
History
History
All History
Events
Events
NMVTIS Title
History Check
History Check
Salvage/Rebuilt
Check
Check
Accident
Check
Check
Theft
Check
Check
Open Lien
Check
Check
Past Sale
Listings
Listings
Safety
Recalls
Recalls
Odometer
Check
Check
Market Price
Analysis
Analysis
What Problems Does the 2003 Volvo V40 Have?
Frequently reported problems for the 2003 Volvo V40 often involve electrical issues, such as malfunctioning sensors (e.g., mass airflow sensor, oxygen sensor) and problems with the immobilizer system. Turbocharged models are susceptible to turbocharger failure due to age and wear. Suspension components, particularly bushings and struts, can wear out, leading to a less comfortable ride and potentially affecting handling. Rust, particularly in regions with road salt, is a common long-term concern, affecting body panels and undercarriage components.
While specific recall information needs to be checked with official sources like the NHTSA, older vehicles are often subject to recalls related to safety systems or components that degrade over time. Long-term reliability concerns center around the aging of rubber components (hoses, belts) and the increasing likelihood of needing repairs to the engine, transmission, and electrical systems as the vehicle accumulates mileage. It's important to note that maintenance history significantly impacts the longevity and reliability of a 20-year-old vehicle like the 2003 V40.
While specific recall information needs to be checked with official sources like the NHTSA, older vehicles are often subject to recalls related to safety systems or components that degrade over time. Long-term reliability concerns center around the aging of rubber components (hoses, belts) and the increasing likelihood of needing repairs to the engine, transmission, and electrical systems as the vehicle accumulates mileage. It's important to note that maintenance history significantly impacts the longevity and reliability of a 20-year-old vehicle like the 2003 V40.
How long will the 2003 Volvo V40 last?
A well-maintained 2003 Volvo V40 can easily reach 200,000 miles or more. With diligent care and timely repairs, some owners have reported exceeding 250,000 miles. However, expect increased maintenance needs as the vehicle ages. Long-term durability hinges on addressing rust, proactively replacing worn suspension parts, and keeping up with fluid changes. Weaknesses over time typically include electrical gremlins, failing sensors, and potential turbocharger issues on equipped models. Proper maintenance, including using quality parts and fluids, is crucial for extending the vehicle's lifespan.
What Technology & Safety Features are Included?
The 2003 Volvo V40 offered a relatively basic level of built-in tech and entertainment compared to modern vehicles. Standard entertainment features usually included a radio and CD player. Higher trim levels might have offered an upgraded sound system.
Driver-assistance features were limited, primarily consisting of anti-lock brakes (ABS). Cruise control was often available as an option or on higher trims.
Safety was a key focus for Volvo. Standard safety features included front airbags, side airbags, and whiplash protection (WHIPS) in the front seats. These were significant for its time. Optional features could include fog lights.
Crash test ratings from organizations like the IIHS or NHTSA, while valuable, may be limited for a vehicle of this age. However, Volvo generally had a strong reputation for safety, and the V40 was designed with occupant protection in mind. Consider the age of the vehicle when assessing safety features relative to modern standards. Keep in mind that technology has advanced significantly in the two decades since its production.
Driver-assistance features were limited, primarily consisting of anti-lock brakes (ABS). Cruise control was often available as an option or on higher trims.
Safety was a key focus for Volvo. Standard safety features included front airbags, side airbags, and whiplash protection (WHIPS) in the front seats. These were significant for its time. Optional features could include fog lights.
Crash test ratings from organizations like the IIHS or NHTSA, while valuable, may be limited for a vehicle of this age. However, Volvo generally had a strong reputation for safety, and the V40 was designed with occupant protection in mind. Consider the age of the vehicle when assessing safety features relative to modern standards. Keep in mind that technology has advanced significantly in the two decades since its production.
What Colors Options are Available?
Exterior Colors
Black Stone
Silver Sand Metallic
Barents Blue Metallic
Graphite Grey Metallic
Nautic Blue Pearl
Midnight Blue Pearl
Seashell Beige Metallic
Red
Interior Colors
Light Beige
Dark Grey
Arena Grey
2003 Volvo V40 Prices and Market Value
When new, the 2003 Volvo V40 had a price range of approximately $23,000 to $27,000 depending on trim and options. On the used market today, prices typically range from $2,000 to $6,000, depending on condition, mileage, and location. This reflects substantial depreciation over the years. Resale value is primarily affected by condition, mileage, maintenance history, and the presence of rust. Low mileage examples in excellent condition command the highest prices. The Volvo badge offers some inherent value to enthusiasts, but overall demand is limited.
2003 Volvo V40 Cost of Ownership
Insurance costs for a 2003 Volvo V40 are generally low due to its age and value. Fuel costs are moderate, depending on driving habits and engine type. Maintenance and repair costs can be higher compared to more common vehicles, as parts may be less readily available and require specialized knowledge. Long-term ownership costs depend heavily on maintenance history and how well the vehicle has been cared for. Neglecting maintenance can quickly lead to costly repairs. It's neither the most economical nor the most costly vehicle to own, residing somewhere in the middle.
2003 Volvo V40 Fuel Efficiency
Fuel Type
Gasoline (Required)
Fuel Capacity
15.9 gallons
City Mileage
19 miles/gallon
Highway Mileage
27 miles/gallon
2003 Volvo V40 Safety Rating
NHTSA
IIHS
2003 Volvo V40 Recalls & Defects
Equipment:other:labels
Recall date
2003-08-01
Recall no.
03v284000
Source
NHTSA
Summary
Certain Passenger Cars Fail TO Comply With THE Requirements OF Federal Motor Vehicle Safety Standard NO. 225, "child Restraint Anchorage Systems." THE Second Isofix Guide WAS NOT Installed IN These Vehicles And, IN Certain Cases, THE Owner's Manual Isofix Information IS Incorrect.
Consequence
This Does NOT Meet THE Requirements OF THE Standard.
Remedy
Owners Will Receive A Letter/Package Consisting OF THE Second Isofix Guide With Installation Instructions, and IN Certain Cases, THE Corrected Owner's Manual MAY BE Provided. IF THE Owner Wants TO Take Their Vehicle TO A Volvo Dealer FOR Installation OF THE Guide, IT Will BE Performed AT NO Charge TO THE Owner. Owner Notification Began ON December 19, 2003. Owners Should Contact Volvo AT 1-800-458-1552.
Notes
Volvo Recall NO. 124.customers CAN Also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-888-Dash-2-dot (1-888-327-4236).
Fuel System, Gasoline
Recall date
2003-10-24
Recall no.
03v424000
Source
NHTSA
Summary
ON Certain Sedans and Station Wagons, There MAY BE A Fuel Leak From THE Fuel Rail DUE TO Inadequate Welding.
Consequence
Fuel Leakage IN THE Presence OF AN Ignition Source Could Result IN A Fire.
Remedy
Dealers Will Install A V-Clamp TO THE Fuel Rail. Owner Notification Began ON January 28, 2004. Owners Should Contact Volvo AT 1-800-458-1552.
Notes
Volvo Recall NO. R128.customers CAN Also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-888-Dash-2-dot (1-888-327-4236).
2003 Volvo V40 Insurance
Insurance for a 2003 Volvo V40 is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2003 Volvo V40 Compare to Other Sedan?
The 2003 Volvo V40 competed with vehicles like the Volkswagen Jetta Wagon, Mazda Protege5, and Subaru Impreza Wagon. In terms of performance, the turbocharged V40 models offered competitive acceleration, while the naturally aspirated versions were more comparable to base engine rivals. Features-wise, the V40 emphasized safety, often including features like side airbags that were optional on some competitors. Reliability is a mixed bag; the V40 can be reliable with diligent maintenance, but electrical issues and aging components are potential concerns. The Jetta Wagon offers similar cargo space and a wider range of engine options, and often provides better fuel economy.
The Mazda Protege5 is a sportier alternative with a more engaging driving experience. The Subaru Impreza Wagon offers all-wheel drive, providing superior traction in adverse weather conditions. Considering the V40's age, a well-maintained Jetta Wagon or Impreza Wagon might be a better choice depending on individual needs and priorities. If safety is a top concern and a Volvo's maintenance history is well-documented, the V40 could still be a viable option. Newer models from other brands may offer improved safety features and reliability.
The Mazda Protege5 is a sportier alternative with a more engaging driving experience. The Subaru Impreza Wagon offers all-wheel drive, providing superior traction in adverse weather conditions. Considering the V40's age, a well-maintained Jetta Wagon or Impreza Wagon might be a better choice depending on individual needs and priorities. If safety is a top concern and a Volvo's maintenance history is well-documented, the V40 could still be a viable option. Newer models from other brands may offer improved safety features and reliability.
Ranks #76 Wagon
| 1 | 2015 Toyota Venza | (5.0★) |
| 2 | 2009 Honda Odyssey | (5.0★) |
| 3 | 2024 Subaru Impreza | (5.0★) |
| 4 | 2009 Mazda CX-7 | (5.0★) |
| 5 | 2023 Ford Transit Connect Wagon | (0.0★) |
| 6 | 2023 Audi A6 allroad | (0.0★) |
| 7 | 2021 Ram ProMaster City | (0.0★) |
| 8 | 2019 Volvo V60 | (4.0★) |
| 9 | 2015 Scion xB | (0.0★) |
| 10 | 2010 Volkswagen Passat | (5.0★) |
| 11 | 2008 Pontiac Vibe | (0.0★) |
| 12 | 2006 Land Rover Range Rover | (0.0★) |
| 76 | 2003 Volvo V40 | (0.0★) |
Final Verdict: Is the 2003 Volvo V40 a Good Sedan?
The 2003 Volvo V40 is ideal for someone seeking an affordable, compact wagon with a focus on safety and a distinctive Volvo character. It's worth buying *used*, *not new* (obviously, given its age), under the condition that it has a well-documented maintenance history and has been inspected for rust and potential mechanical issues. A lower mileage example is preferable. Avoid examples with extensive rust or signs of neglect. It's suitable for individuals or small families who need a practical vehicle for daily commuting and occasional cargo hauling, but are not seeking the latest technology or high performance. Potential buyers should budget for ongoing maintenance and repairs due to the vehicle's age.
Simon A
Simon is a contributor to VinCheck, where he provides articles and reviews on various automotive topics. His work focuses on delivering accurate and up-to-date information about used cars, helping readers make informed decisions.