What does the 2020 Volvo XC60 cost per mile?
Fuel cost a mile
13.3cents
- 2025 IRS rate: 70 cents a mile.
- Margin: 56.7 cents a mile.
- $5,667 per 10,000 miles.
- 2020 Volvo XC60 T5 FWD Momentum: 24 mpg.
- Median of 130 gas and hybrid SUVs (2020): 13.9 cents a mile.
Gas $3.20. 2025 IRS rate 70 cents.
| Trim | Rating | Cost a mile | Margin a mile | Per 10,000 mi |
|---|---|---|---|---|
| T5 FWD Momentum | 24 mpg | 13.3 cents | 56.7 cents | $5,667 |
| T5 Momentum AWD | 23 mpg | 13.9 cents | 56.1 cents | $5,609 |
| T6 Momentum AWD | 23 mpg | 13.9 cents | 56.1 cents | $5,609 |
| T5 FWD Inscription | 24 mpg | 13.3 cents | 56.7 cents | $5,667 |
| T5 FWD R-Design | 24 mpg | 13.3 cents | 56.7 cents | $5,667 |
| T5 Inscription AWD | 23 mpg | 13.9 cents | 56.1 cents | $5,609 |
| T5 R-Design AWD | 23 mpg | 13.9 cents | 56.1 cents | $5,609 |
| T6 Inscription AWD | 23 mpg | 13.9 cents | 56.1 cents | $5,609 |
| T6 R-Design AWD | 23 mpg | 13.9 cents | 56.1 cents | $5,609 |
| T8 eAWD Plug-In Hybrid Momentum | 27 mpg, 50% electric | 10.9 cents | 59.1 cents | $5,906 |
| T8 Momentum AWD | 27 mpg | 11.9 cents | 58.1 cents | $5,815 |
| T8 eAWD Plug-In Hybrid Inscription | 27 mpg, 50% electric | 10.9 cents | 59.1 cents | $5,906 |
| T8 eAWD Plug-In Hybrid R-Design | 27 mpg, 50% electric | 10.9 cents | 59.1 cents | $5,906 |
| T8 R-Design AWD | 27 mpg | 11.9 cents | 58.1 cents | $5,815 |
| T8 Inscription AWD | 27 mpg | 11.9 cents | 58.1 cents | $5,815 |
| Hybrid Plug-in T8 Polestar Engineered eAWD | 27 mpg, 50% electric | 10.9 cents | 59.1 cents | $5,906 |
| T8 eAWD Plug-In Hybrid Polestar | 27 mpg, 50% electric | 10.9 cents | 59.1 cents | $5,906 |
| T8 Polestar Engineered AWD | 27 mpg | 11.9 cents | 58.1 cents | $5,815 |
What this cannot tell you
Fuel only. Insurance, repairs and value loss not counted.
The IRS rate covers every cost, not fuel alone.
- 2 or more sources
- 1 source
- Model-level, rule or estimate
- Sources disagree