Volvo XC60 Recharge

TBD

AFTER INCENTIVES

$45,998

MSRP

$53,500

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ESTIMATED INCENTIVES

$7,502

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Loan Payment

$944 / month

Down Payment

$5,765

10% of MSRP plus tax

ESTIMATED INCENTIVES

$7,502

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Lease Payment

$614 / month

FIRST LEASE PAYMENT

$6,379

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Incentives For Lease

$7,502

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TYPE

SUV

Minimum Seats

5

FUEL TYPE

PHEV

ELECTRIC RANGE

19 miles

Total Range

520 miles

TIME TO CHARGE - LEVEL 2

~ 3 hr 40 min

BATTERY SIZE

11 kWh

CO2 EMISSIONS REDUCTION

9,480 lbs/yr

Trees Planted

198

Gasoline Saved

573 gal/yr


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

TBD
TBD
TBD
TBD

Compare the Volvo XC60 Recharge to a similar gas vehicle, the Volvo XC60 AWD

20,000 miles

60%

5 Years


Assumptions

Results have been updated as of 8/31/2021, 9:43:14 PM.

Cost to Fill Up Monthly

The Volvo XC60 Recharge is $54 cheaper to fill up monthly


VehiclesElectricityGasolineTotal
Volvo XC60 Recharge$87$73$160
Volvo XC60 AWD$0$214$214

Cost of Ownership

The Volvo XC60 Recharge is $3,866 cheaper to own over 5 Years



DescriptionVolvo XC60 RechargeVolvo XC60 AWD
Vehicle$37,199$36,764
Maintenance$4,692$6,227
Insurance$9,688$9,232
Electricity$5,233$0
Gasoline$4,370$12,826
Total$61,183$65,048


We selected the Volvo XC60 AWD based on its proximity to the Volvo XC60 Recharge based on brand, size, and price.

Up to $7,502 in tax credits and rebates are potentially available
for the Volvo XC60 Recharge

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.
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.
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.
Discounted Electric Rate

City of Colton EV Rate


Colton Electric Utility will provide an additional 250 kWh’s to Tier 2 on your electric bill.
Rebate

$1,000

City of Colton Used EV Rebate


Electric vehicle (EV) owners under Colton Electric service territory are eligible to receive a $1,000 rebate. Customers enrolled in the Low Income Assistance Program are eligible to receive an increase rebate of $1,500.
Rebate

Up to $500

City of Colton EV Charger Rebate


Electric vehicle drivers who install Level 2 (240-Volt AC) plug-in chargers at their residence in the service territory of Colton Electric Department are eligible for a rebate. Some stacking restrictions apply with other rebates.
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

Charging Stations

Public stations
Installed by business or government
Other Types of Stations
Private stations