Volvo XC40 Recharge Pure Electric

TBD

AFTER INCENTIVES

$44,990

MSRP

$53,990

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ESTIMATED INCENTIVES

$9,000

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Loan Payment

$957 / month

Down Payment

$5,844

10% of MSRP plus tax

ESTIMATED INCENTIVES

$9,000

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Lease Payment

$582 / month

FIRST LEASE PAYMENT

$6,427

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Incentives For Lease

$9,000

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TYPE

SUV

Minimum Seats

5

FUEL TYPE

BEV

ELECTRIC RANGE

208 miles

MILES PER 30 MIN OF FAST CHARGING

~ 58 miles

TIME TO CHARGE - LEVEL 2

~ 10 hr 10 min

BATTERY SIZE

78 kWh

CO2 EMISSIONS REDUCTION

10,528 lbs/yr

Trees Planted

219

Gasoline Saved

800 gal/yr

For more details including charts & calculations, please view this page on a desktop.

TBD
TBD
TBD
TBD

Compare the Volvo XC40 Recharge Pure Electric to a similar gas vehicle, the Volvo XC40 R-Design AWD

20,000 miles

5 Years

$3.16


Assumptions

Results have been updated as of 1/27/2021, 9:20:06 PM.

Cost to Fill Up Monthly

The Volvo XC40 Recharge Pure Electric is $103 cheaper to fill up monthly


VehiclesElectricityGasolineTotal
Volvo XC40 Recharge Pure Electric$108$0$108
Volvo XC40 R-Design AWD$0$211$211

Cost of Ownership

The Volvo XC40 Recharge Pure Electric is $6,305 cheaper to own over 5 Years



DescriptionVolvo XC40 Recharge Pure ElectricVolvo XC40 R-Design AWD
Vehicle$36,380$34,462
Maintenance$3,472$6,130
Insurance$9,712$9,087
Electricity$6,450$0
Gasoline$0$12,640
Total$56,014$62,319


We selected the Volvo XC40 R-Design AWD based on its proximity to the Volvo XC40 Recharge Pure Electric based on brand, size, and price.

Up to $9,000 in tax credits and rebates are potentially available
for the Volvo XC40 Recharge Pure Electric

Tax Credit

$7,500

Federal Tax Credit


Tax credit for the purchase of a new plug-in electric drive motor vehicle. Credit amount depends on the car's battery capacity.

Tax Credit

Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit


Customers who purchase qualified residential fueling equipment before December 31, 2021, may receive a tax credit of up to $1,000.

Rebate

$1,500

California Clean Fuel Reward


A point-of-sale reward available to all California residents who purchase or lease of an eligible new Battery Electric (BEV) or Plug-in Hybrid (PHEV) vehicle at participating retailers.

HOV Lane

California High Occupancy Vehicle (HOV) Lane Exemption


Electric vehicles may use HOV lanes regardless of the number of occupants in the vehicle.

Financing

California Clean Vehicle Assistance Program Beneficial State Foundation


Beneficial State Bank has committed to providing loans at an 8% interest rate or lower to participants of the Clean Vehicle Assistance Program.

Special EV Rate

SCE TOU-D-PRIME


Southern California Edison (SCE) offers a special rate to customers for electricity used to charge PEVs called TOU-D-PRIME. This Time-Of-Use (TOU) rate plan has the same periods as our TOU-D-4-9PM rate plan option but offers the lowest off-peak rates of all TOU rate plans to optimize savings while charging your vehicle.

Rebate

Up to $500

South Coast AQMD Resident EV Charging Incentive Pilot Program


Incentive of $250 for the cost of hardware for eligible Level 2 residential chargers. Chargers not listed on the online application may be considered for the program. An additional incentive of up to $250 will be available for low income residents. Eligible vehicles must be on the Clean Vehicle Rebate Project (CVRP) eligibility list. This rebate can only be stacked with other programs towards the cost of installation.

Charging Stations

Public stations
Installed by business or government
High Power Stations
DC fast charge or superchargers
Other Types of Stations
Private stations

Reviews from around the web

Kelley Blue Book