Volvo S60 Recharge

COST AFTER INCENTIVES

$41,148

MSRP

$47,650

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ESTIMATED INCENTIVES

$6,502

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Loan Payment

$850 / month

Down Payment

$5,194

10% of MSRP plus tax

ESTIMATED INCENTIVES

$6,502

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Lease Payment

$541 / month

FIRST LEASE PAYMENT

$5,734

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Incentives For Lease

$6,502

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CO2 EMISSIONS REDUCTION

9,474 lbs/yr

Trees Planted

197

FUEL TYPE

PHEV

ELECTRIC RANGE

22 miles

TYPE

Sedan

Minimum Seats

Total Range

510 miles

TIME TO CHARGE - LEVEL 2

~ 3 hr 40 min

BATTERY SIZE

11 kWh

Gasoline Saved

503 gal/yr

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

Compare the Volvo S60 Recharge to a similar gas vehicle, the Volvo S60 AWD

Purchase Method

Miles Driven Per Year

20,000 miles

Portion Electric for PHEV

60%

Years of Ownership/Lease

5 Years

Gasoline Price ($/GAL)

$2.95

Assumptions

Sales Tax9.00%

Electricity Rate$0.16236/kWh

Electricity rate is calculated as the average for six months of summer off-peak and six months of winter off-peak To learn more, please click here

Results have been updated as of 4/29/2021, 9:04:40 PM.

Cost of Ownership

The Volvo S60 Recharge is $5,851 cheaper to own over 5 Years

Description	Volvo S60 Recharge	Volvo S60 AWD
Vehicle	$33,907	$35,617
Maintenance	$4,556	$6,162
Insurance	$10,406	$10,106
Electricity	$4,579	$0
Gasoline	$3,933	$11,346
Total	$57,381	$63,232

Cost to Fill Up Monthly

The Volvo S60 Recharge is $47 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
Volvo S60 Recharge	$76	$66	$142
Volvo S60 AWD	$0	$189	$189

We selected the Volvo S60 AWD based on its proximity to the Volvo S60 Recharge based on brand, size, and price.

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

Up to $6,502 in tax credits and rebates are potentially available
for the Volvo S60 Recharge

$5,419

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.

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.

California

High Occupancy Vehicle (HOV) Lane Exemption

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

$1,083

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.

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.

Silicon Valley Clean Energy

Residential EV Rates

Silicon Valley Clean Energy (SVCE) electric vehicle rate schedules, EV-A and EV-B, mirror those of PG&E. With SVCE, you are driving on clean, carbon-free power at a lower rate.

PG&E

Electric Vehicle Rate Plans

PG&E offers two electric vehicle rate plans for residential customers. EV2A combines your vehicle's electricity costs with those of your residence. EV-B involves the installation of another meter, which separates your vehicle's electricity costs from those of your home.

Bay Area AQMD

Clean Air Vehicle Discount

During commute times, clean air vehicles can receive toll discounts on Bay Area Bridges.

Locate Charging Stations

Charging Stations

Zipcode

Public Stations
Installed by business or government

Other Types of Stations
Private stations

Charging Station Cluster
Cluster of Charging Stations green circle

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