Mitsubishi ASX vs Volvo V40

What's the difference?

VS
Mitsubishi ASX
Mitsubishi ASX

$37,740 - $46,490

2026 price

Volvo V40
Volvo V40

2018 price

Summary

2026 Mitsubishi ASX
2018 Volvo V40
Safety Rating

Engine Type
Inline 4, 2.0L

Turbo 4, 2.0L
Fuel Type
Unleaded Petrol

Premium Unleaded Petrol
Fuel Efficiency
7.6L/100km (combined)

5.6L/100km (combined)
Seating
5

5
Dislikes
  • Base LS missing several features
  • Temporary spare wheel should be standard 
  • Much more expensive than previous ASX

  • Small boot
  • Limited rear legroom
  • No Apple CarPlay
2026 Mitsubishi ASX Summary

For 15 years the Mitsubishi ASX has been one of the most popular SUVs in Australia. Well into its life cycle, it maintained strong sales thanks to keen pricing and a reputation for reliability.

The second-generation ASX is finally here, but it’s a very different proposition to the original.

For starters, the new model is a twin of French brand Renault’s Captur small SUV. That model is not currently sold here, so Mitsubishi has clear air, for now.

Secondly, it’s no longer cheap. Pricing puts this new model into the high-$30,000 section of the segment, but it also gains modern tech and specs.

Whether buyers care that the ASX has gone upmarket remains to be seen. But we attended the Australian launch to see if French flair has improved the ASX formula.

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2018 Volvo V40 Summary

I miss my old phone. Sure, my new phone has a bigger screen and it’s smarter and faster, but my previous phone was smaller and easier to use, and now when I go to do a screen shot I accidentally hit the volume button every time. 

What I really want in a phone is a new version of the old one – and I have a feeling people may feel the same way about the 2018 Volvo V40

Some time next year the completely new generation V40 is expected to arrive and there will be some things I’ll miss about the old one. So, this really is your last chance to buy a new ‘old’ Volvo V40.

In a last-hurrah review, I road tested the V40 in the Inscription grade with the T4 petrol engine. What’s so 'missable' about it? Read on to find out.

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Deep dive comparison

2026 Mitsubishi ASX 2018 Volvo V40

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