Dec 13, 2023 · What sets the 2021 Mazda CX-5 and Volvo XC40 apart? While the CX-5 and the XC40 match each other in almost every aspect, there are a few key differences in what the two SUVs offer. As a luxury brand, Volvo steps a few features up to justify the higher price tag. Compare Mazda CX-5 vs Volvo XC40 2024 Mazda CX-5 Select configuration: 2.5 S Select Package AWD $29,300 Starting Price (MSRP) 8.8 Mazda CX-5 For Sale Mazda CX-5 Full Review .