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2020 Volvo S60 plug-in hybrid vs gas: is the plug-in worth it?

T8 eAWD Plug-In Hybrid R-Design AWD vs T6 Momentum AWD

No. Does not pay back in 6 years.

37.5years to pay back

Pick another car

$0$5,000$10,000$15,00012345678910Your 6 yearsPrice gap $14,850
Bars: total energy saving after each year. Dashed line: the $14,850 price gap.

Every plug-in pair

2020 Volvo S60 plug-in hybrid vs gas: every pair
PairMSRPRatingEnergy a yearPrice gapSaves a yearPaybackAhead after 6 years
T8 eAWD Plug-In Hybrid R-Design AWD
T6 Momentum AWD
$55,400
$40,550
30 mpg, 49 kWh/100 mi
25 mpg
$1,140
$1,536
$14,850$39637.5 yearsGas, $12,473
T8 eAWD Plug-In Hybrid Inscription AWD
T6 Momentum AWD
$55,400
$40,550
30 mpg, 49 kWh/100 mi
25 mpg
$1,140
$1,536
$14,850$39637.5 yearsGas, $12,473
T8 eAWD Plug-In Hybrid Polestar AWD
T6 Momentum AWD
$64,800
$40,550
30 mpg, 49 kWh/100 mi
25 mpg
$1,140
$1,536
$24,250$39661.2 yearsGas, $21,873
Hybrid Plug-in T8 Polestar Engineered eAWD
T5 Momentum FWD
$64,800
$36,050
30 mpg, 49 kWh/100 mi
27 mpg
$1,140
$1,422
$28,750$282101.8 yearsGas, $27,055

What changes the answer

  • Gas price for a 6-year payback: $10.62.
  • Miles a year for a 6-year payback: 75,000.

What you give up

T8 eAWD Plug-In Hybrid R-Design AWD vs T6 Momentum AWD: other differences
MeasurePlug-inGasChange
Horsepower400 hp316 hp+84 hp
Torque472 lb-ft295 lb-ft+177 lb-ft
Max towing2,000 lb2,000 lbabout the same
Cargo, seats up11.6 cu ft11.6 cu ftabout the same

What this cannot tell you

Incentives, insurance, upkeep and resale are not included.

Your own mpg will differ.

How values are checked