Volvo XC40 Recharge Pure Electric

AFTER INCENTIVES

$47,800

MSRP

$55,300

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ESTIMATED INCENTIVES

$7,500

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Loan Payment

$980 / month

Down Payment

$5,986

10% of MSRP plus tax

ESTIMATED INCENTIVES

$7,500

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Lease Payment

$600 / month

FIRST LEASE PAYMENT

$6,586

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Incentives For Lease

$7,500

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TYPE

Crossover

Minimum Seats

FUEL TYPE

Electricity

ELECTRIC RANGE

223 miles

MILES PER 30 MIN OF FAST CHARGING

~ 64 miles

TIME TO CHARGE - LEVEL 2

~ 10 hr 10 min

Trees Planted

177

Gasoline Saved

800 gal/yr

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

See the EV Facts and the FAQ pages for detailed explanations about your EV.

Compare the Volvo XC40 Recharge Pure Electric to a similar gas vehicle, the Volvo XC40 Inscription AWD

Purchase Method

Miles Driven Per Year

20,000 miles

Years of Ownership/Lease

5 Years

Assumptions

Sales Tax8.25%

Price of Gasoline$1.912/gal

Electricity Rate$0.107/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 11/10/2021, 5:30:18 PM.

Cost to Fill Up Monthly

The Volvo XC40 Recharge Pure Electric is $58 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
Volvo XC40 Recharge Pure Electric	$70	$0	$70
Volvo XC40 Inscription AWD	$0	$127	$127

How far can you drive the Volvo XC40 Recharge Pure Electric on a $5.00 fuel budget?

Description	Range on $5.00 fuel budget
Volvo XC40 Recharge Pure Electric on Plug-In EVerywhere network	Unlimited
Volvo XC40 Recharge Pure Electric charged at home	120 miles
Volvo XC40 Inscription AWD (a similar Gas Vehicle)	65 miles

We selected the Volvo XC40 Inscription AWD based on its proximity to the Volvo XC40 Recharge Pure Electric based on brand, size, and price.

Up to $7,500 in tax credits and rebates are potentially available for the Volvo XC40 Recharge Pure Electric

$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.

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.

Up to $1,200

Austin Energy Home Charging Station Rebate

Austin Energy offers EV owners a rebate of 50% of the purchase and installation cost of a Level 2 (240V) charging station. The maximum rebate amount is $1,200 for Wi-Fi-enabled charging stations and $900 for non-Wi-Fi-enabled charging stations.

$0.21 per minute / Plug-In to Plug-Out

Austin Energy Plug-In Fast Program

Austin Energy’s Plug-In Fast program has over 25 Fast Chargers conveniently located near major transit routes. Charge up and get on your way for only $0.21 per minute, plug-in to plug-out.

$4.17 per month

Austin Energy Plug-In EVerywhere LEVEL 2 Charging Subscription

The Austin Energy Plug-In Everywhere Level 2 network subscription plan offers unlimited charging for $4.17 per month at more than 1000 Level 2 charging ports throughout the service territory.

Charging Stations

Activate your Plug-In EVerywhere membership.