2026 Volvo EX40: real cost in Ontario
See the EX40 on Volvo's site ↗Prices read 2026-11-06
Cheapest trim, Core Twin Motor · Toronto · age 35–59 · 6 years · 18,000 km a yearChange
Sticker$63,600the advertised price
Drive away$76,296with fees and HST
Loan payment$1,198/mo72-month loan at 6.5%, $5,000 down
True cost$1,611/moeverything, after resale
$76,296 to drive away + $61,699 to run it for 6 years − $21,992 back at resale = $116,004, or $1,611 a month.
Where the money goes
Drive away$76,296
Running it, 6 yrs+$61,699
Back at resale−$21,992
Sticker pricethe advertised MSRP
+$63,600Feesfreight $3,100 · dealer $699 · levies $120
+$3,919HST, 13%Ontario
+$8,777Insuranceestimate, age 35–59, Toronto
+$17,421Lost return on your money5% a year on the down payment and each payment
+$15,456Loan interest6.5% over 72 months
+$14,995Maintenanceestimate
+$9,970Charging18,000 km a year at 22.4 kWh/100 km, home charging at $0.16/kWh
+$3,767Registration and plates6 years in Ontario
+$91Resale after 6 years35% of MSRP, you get this back
−$21,992True cost $116,004 ÷ 72 months$1,611 a month
The car
Size and space
BodySport Utility4.44 m long
Seats5
Cargo536 Lbehind row 2
Engine and fuel
Engine402 hp electric
0–100 km/h4.6 sour estimate from power and weight
Energy use22.4 kWh/100 kmNatural Resources Canada
Range418 kmabout 293 in winter
TowingUp to 2,000 lb
Tires20"235/50R20
Safety and cover
US crash testNot rated yet
Highway assistSteers and brakeshands on the wheel · some trims or an option
Resale at 6 years35% of MSRPaverage for its type
Every trim
All trims: 402 hp, 22.4 kWh/100 km, 5 seats.| Core Twin Motor | $63,600 | $76,296 | $116,004 | ✓ $1,611/mo | — No |
| Plus Twin Motor | $64,990 | $77,867 | $117,950 | $1,638/mo | ✓ Yes |
| Ultra Twin Motor | $74,950 | $89,122 | $131,743 | $1,830/mo | ✓ Yes |
Core Twin Motor
✓ $1,611/mo
True cost
Plus Twin Motor
$1,638/mo
True cost
Ultra Twin Motor
$1,830/mo
True cost
Features, trim by trim
Cheapest on the left. Each bar starts at the trim that adds it. + $ is the cheapest factory option or package that adds it (hover for its name).Feature
Core Twin Motor$63,600
Plus Twin Motor$64,990
Ultra Twin Motor$74,950
Safety and driver assist
Automatic braking
✓ Every trim
Blind-spot monitor
✓ Every trim
Adaptive cruise
✓ Every trim
Lane centering
✓ from Ultra Twin Motor
360° camera
✓ from Plus Twin Motor
Parking sensors
✓ Every trim
Comfort
Heated seats
✓ Every trim
Heated rear seats
+ $1,500
+ $1,100
Convenience
Power liftgate
✓ Every trim
Wireless phone charging
✓ Every trim
Power driver's seat
✓ Every trim
Memory seat
✓ Every trim
Tech and audio
Built-in navigation
✓ Every trim
Premium sound system
+ $1,250
✓ from Ultra Twin Motor
Capability and looks
Tow hitch included
+ $2,065 on every trim
Sunroof
✓ Every trim
Panoramic roof
✓ Every trim
Volvo lists only a few items for this model, so features not shown above may still be fitted; check with the dealer.
Full standard equipment on the Core Twin Motor (12 items)
- Power driver seat with memory
- Keyless entry with hands-free power tailgate
- Wireless phone charging
- Power 4-way lumbar support
- BLIS (Blind Spot Information System)
- Adaptive cruise control
- High Performance audio system
- Google built-in
- Park assist, rear and front
- Tinted rear windows
- Manual cushion extensions, driver and passenger
- Panoramic roof
Quick answers
- How much is a 2026 EX40 in Ontario?
- $76,296 to drive away for the Core Twin Motor, from a $63,600 sticker.
- What does it cost a month?
- A $1,198 loan payment, about $1,633 a month with insurance, fuel and upkeep ($5,000 down); about $1,611 a month all in, after resale.
- How much can it tow?
- 2,000 lb for every trim.
Colours
Onyx Black+$900Crystal White+$900Vapour Grey+$900Cloud BlueDenim Blue+$900Aurora Silver+$900Sand Dune+$900
Similar SUVs
Prices from Volvo's Volvo Cars Canada configurator (Ontario, N9V 1A1; prices include fees, MSRP = total - fee lines); may have changed, so confirm with a dealer. Insurance and maintenance are estimates. How we count.