The XC40 costs more than many compact SUVs, but its prices are in line with those of close rivals such as the Audi Q3, BMW X1 and Range Rover Evoque. Residual values are expected to be very strong, which contributes to competitive finance deals.

Running costs are average for the class. The diesel engines are efficient, while the higher-powered petrol models have quite a thirst for fuel. The same can be said of equivalent rival SUVs, however.

TheT5 Twin Engine plug-in hybrid model offers incredibly low (sub-50 g/km) CO2 emissions figures and 100+mpg, although in our experience with one on long-term test you may not necessarily see anything close to the latter unless you stick to short journeys. The hybrid also costs a lot more than the diesel and petrol models.

Pricier still will be the XC40 Recharge – a zero-emissions pure electric version that is due on sale in late 2020.