I do not have any direcnce with the model 40, but I do have the model 12. I was told that the model 40 was supposed to be a cheaper, lighter version of Savage's model 12 line. I have had nothing but great experience with Savage's products and don't expect this one to be any different. I also assume that the Model 40 was produced more as a stalking rifle rather than a fixed position varmint killer (like the model 12). When i bought my model 12, the only competition it had was the model 40 (I only went with the Model 12 because i wanted the internal magazine and the extra stability afforded by the 12's 11 pound unscoped/loaded weight. But i can't imagine you could go wrong with buying a model 40. Incidently, there is also a single-shot of the Model 12.