Volvo C40 Recharge Pure Electric

After incentives

$51,250

MSRP

$58,750

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Incentive total

$7,500

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Loan Payment

$1,051 / month

Down Payment

$6,417

10% of MSRP plus tax

Incentive total

$7,500

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Lease Payment

$800 / month

First Lease Payment

$7,217

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Incentives For Lease

$7,500

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Compare the Volvo C40 Recharge Pure Electric to a similar gas vehicle, the Volvo XC40 Inscription AWD

Purchase Method

Miles Driven Per Year

20,000 miles ( ~ 55 miles per day)

Years of Ownership/Lease

5 Years

Gasoline Price ($/gal)

$5.22

Sales tax

9.23 %

Est. cost of public charging

Medium: $0.30/kWh

Mix public/private charging

20% Public

Assumptions

Electricity rate$0.1014/kWh

We selected the Volvo XC40 Inscription AWD based on its proximity to the Volvo C40 Recharge Pure Electric based on brand, size, and price.

Vehicles displayed may not reflect actual availability. Uber does not endorse or recommend any specific vehicle or car manufacturer. Uber is not responsible for the products or services offered by third - parties, including this cost - savings calculator, and makes no claims related to the effectiveness of such or to potential savings.

Results have been updated as of 5/26/2022, 11:49:19 AM.

Cost of ownership

The Volvo C40 Recharge Pure Electric is $11,773 cheaper

Description	Volvo C40 Recharge Pure Electric	Volvo XC40 Inscription AWD
Vehicle	$42,457	$36,564
Maintenance	$3,353	$6,195
Insurance	$7,253	$6,700
Electricity	$5,504	$0
Gasoline	$0	$20,880
Total	$58,567	$70,339

Cost to fill up monthly

The Volvo C40 Recharge Pure Electric is $256 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
Volvo C40 Recharge Pure Electric	$92	$0	$92
Volvo XC40 Inscription AWD	$0	$348	$348

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

Up to $7,500 in tax credits and rebates are potentially available
for the Volvo C40 Recharge Pure Electric

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 exemption

Washington State EV Infrastructure Tax Exemption

Washington sales and use taxes do not apply to the labor and services for purchasing and installing EV infrastructure, including home charging stations.