2023 Volvo XC60 EV vs gas: is the EV worth it?
Recharge T8 Core Bright Theme eAWD vs B5 Core AWD
No. Does not pay back in 6 years.
26.4years to pay back
- EV: $11,450 more. Saves $434 a year.
- Break-even: 316,300 miles.
- No gas trim with the same name. Cheapest gas trim used.
- 12,000 miles a year. Gas $3.20. Electricity 17 cents a kWh.
Every EV pair
| Pair | MSRP | Rating | Energy a year | Price gap | Saves a year | Payback | Ahead after 6 years |
|---|---|---|---|---|---|---|---|
| Recharge T8 Core Bright Theme eAWD B5 Core AWD | $57,200 $45,750 | 54 kWh/100 mi 25 mpg | $1,102 $1,536 | $11,450 | $434 | 26.4 years | Gas, $8,844 |
| Recharge T8 Polestar Engineered eAWD B5 Core AWD | $74,150 $45,750 | 54 kWh/100 mi 25 mpg | $1,102 $1,536 | $28,400 | $434 | 65.4 years | Gas, $25,794 |
What changes the answer
- Gas price for a 6-year payback: $6.27.
- Miles a year for a 6-year payback: 52,700.
What you give up
| Measure | EV | Gas | Change |
|---|---|---|---|
| Cargo, seats up | 17.1 cu ft | 17.1 cu ft | about the same |
What this cannot tell you
Incentives, insurance, upkeep and resale are not included.
Your own mpg will differ.
- 2 or more sources
- 1 source
- Model-level, rule or estimate
- Sources disagree