[Julianpms]

I have had a V40 T5 since June 2017 and have covered about 25,000 miles in it. The engine has a huge amount of torque (especially with Polestar), which makes for effortless overtaking; it can be surprisingly economical too if you let the torque do the work. I do a lot of steady-speed long-distance journeys and have averaged 40.3 mpg (calculated, not trip computer) since new. The downside is that you will certainly experience some torque steer: using Sport mode in the wet is really not to be recommended. But keeping the transmission in standard mode and being sensible, it's perfectly manageable. It also wears the front tyres very fast and is sensitive to the type of rubber you use: I changed to Michelin Cross Climate last November and they seem to have better traction in the wet, regardless of temperature.
I also toyed with getting a T5 CC AWD, but decided against the higher price when new and preferred the handling with the lower ride height of the standard model. Either way, it's been a good drive and I like the understated looks for the performance you get. The main downsides for me are those of any V40: cramped rear legroom and small boot.