Volvo XC40 Recharge Pure Electric

TBD

COST AFTER INCENTIVES

$42,990

MSRP

$53,990

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ESTIMATED INCENTIVES

$11,000

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Loan Payment

$964 / month

Down Payment

$5,885

10% of MSRP plus tax

ESTIMATED INCENTIVES

$11,000

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Lease Payment

$586 / month

FIRST LEASE PAYMENT

$6,471

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Incentives For Lease

$11,000

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CO2 EMISSIONS REDUCTION

15,083 lbs/yr

Trees Planted

314

FUEL TYPE

BEV

ELECTRIC RANGE

208 miles

TYPE

SUV

Minimum Seats

5

MILES PER 30 MIN OF FAST CHARGING

~ 58 miles

TIME TO CHARGE - LEVEL 2

~ 10 hr 10 min

BATTERY SIZE

78 kWh

Gasoline Saved

800 gal/yr


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

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

20,000 miles

5 Years

$2.95


Assumptions

Results have been updated as of 6/17/2021, 3:21:28 AM.

Cost of Ownership

The Volvo XC40 Recharge Pure Electric is $5,888 cheaper to own over 5 Years



DescriptionVolvo XC40 Recharge Pure ElectricVolvo XC40 R-Design AWD
Vehicle$34,785$34,769
Maintenance$3,472$6,130
Insurance$10,744$10,053
Electricity$7,863$0
Gasoline$0$11,800
Total$56,864$62,752

Cost to Fill Up Monthly

The Volvo XC40 Recharge Pure Electric is $66 cheaper to fill up monthly


VehiclesElectricityGasolineTotal
Volvo XC40 Recharge Pure Electric$131$0$131
Volvo XC40 R-Design AWD$0$197$197


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.


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

Up to $11,000 in tax credits and rebates are potentially available
for the Volvo XC40 Recharge Pure Electric

dollar

$7,500

Federal

Tax Credit

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

Up to $1,000

Federal

Alternative Fuel Infrastructure Tax Credit

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

High Occupancy Vehicle (HOV) Lane Exemption

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Electric vehicles may use HOV lanes regardless of the number of occupants in the vehicle.
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$2,000

California

Clean Vehicle Rebate Project

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The California Clean Vehicle Rebate Project (CVRP) offers rebates for the purchase or lease of qualified vehicles. Low income applicants are eligible for higher incentives. As of April 23, 2021, limited funding is only available for Rebate Now applicants. All other applications will be placed on a rebate waitlist. Qualified applicants on the rebate waitlist may receive a rebate if the CVRP receives funding from the State of California.
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California

Clean Vehicle Assistance Program Beneficial State Foundation

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Beneficial State Bank has committed to providing loans at an 8% interest rate or lower to participants of the Clean Vehicle Assistance Program.
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$1,500

California

Clean Fuel Reward

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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.
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Silicon Valley Clean Energy

Residential EV Rates

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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.
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PG&E

Electric Vehicle Rate Plans

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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.
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Bay Area AQMD

EV Preferred Pricing Program

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Drive Clean Bay Area is partnering with Cartelligent, a Bay Area concierge car broker, to offer the EV Preferred Pricing program. Receive preferred pricing on select EVs and PHEVs if you live in the Bay Area. Limited time offer through June 2021.
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Bay Area AQMD

Clean Air Vehicle Discount

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

Locate Charging Stations

Charging Stations

Public Stations
Installed by business or government
High Power Stations
DC fast charge or superchargers
Other Types of Stations
Private stations
Charging Station Cluster
Cluster of Charging Stationsgreen circle

Reviews from around the web

Kelley Blue Book