Volvo S60 Recharge

AFTER INCENTIVES

$41,148

MSRP

$47,650

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ESTIMATED INCENTIVES

$6,502

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Loan Payment

$860 / month

Down Payment

$5,253

10% of MSRP plus tax

ESTIMATED INCENTIVES

$6,502

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Lease Payment

$546 / month

FIRST LEASE PAYMENT

$5,799

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Incentives For Lease

$6,502

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TYPE

Sedan

Minimum Seats

FUEL TYPE

PHEV

ELECTRIC RANGE

22 miles

Total Range

510 miles

TIME TO CHARGE - LEVEL 2

~ 3 hr 40 min

BATTERY SIZE

11 kWh

CO2 EMISSIONS REDUCTION

6,974 lbs/yr

Trees Planted

145

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 Tax10.25%

Electricity Rate$0.17/kWh

Electricity rate is calculated as a blended rate based off an average household consumption of 700 kWh. To learn more, please click here.

Results have been updated as of 1/22/2021, 10:25:37 PM.

Cost to Fill Up Monthly

The Volvo S60 Recharge is $44 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
Volvo S60 Recharge	$80	$66	$145
Volvo S60 AWD	$0	$189	$189

The Volvo S60 Recharge is $3,187 more expensive to own over 5 Years

Description	Volvo S60 Recharge	Volvo S60 AWD
Vehicle	$46,032	$46,305
Maintenance	$4,556	$6,162
Insurance	$9,407	$9,135
Electricity	$4,794	$0
Gasoline	$0	$0
Total	$64,789	$61,603

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

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

Rebate

Up to $500

BWP Residential EV Charger Rebate

BWP residential customers who install a Level 2 EV charger are eligible for a rebate up to $500.

Discounted Electric Rate

BWP EV Time-of-Use Rate

BWP currently offers a Time-of-Use rate only to residents that own one or more BEVs or PHEVs and charge at home.

Tax Credit

$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.

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

$1,083

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.

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.

Charging Stations

Zipcode

Public stations
Installed by business or government

Other Types of Stations
Private stations

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