Volvo XC40 Recharge Pure Electric

AFTER INCENTIVES

$44,990

MSRP

$53,990

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ESTIMATED INCENTIVES

$9,000

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Loan Payment

$975 / month

Down Payment

$5,952

10% of MSRP plus tax

ESTIMATED INCENTIVES

$9,000

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Lease Payment

$591 / month

FIRST LEASE PAYMENT

$6,543

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Incentives For Lease

$9,000

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TYPE

SUV

Minimum Seats

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

11,271 lbs/yr

Trees Planted

235

Gasoline Saved

800 gal/yr

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

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

Purchase Method

Miles Driven Per Year

20,000 miles

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, 10:25:46 PM.

Cost to Fill Up Monthly

The Volvo XC40 Recharge Pure Electric is $75 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
Volvo XC40 Recharge Pure Electric	$122	$0	$122
Volvo XC40 R-Design AWD	$0	$197	$197

The Volvo XC40 Recharge Pure Electric is $10,598 more expensive to own over 5 Years

Description	Volvo XC40 Recharge Pure Electric	Volvo XC40 R-Design AWD
Vehicle	$50,524	$45,203
Maintenance	$3,472	$6,130
Insurance	$9,712	$9,087
Electricity	$7,310	$0
Gasoline	$0	$0
Total	$71,018	$60,420

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

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

$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.

Charging Stations

Zipcode

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