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2023 Volvo XC90 EV vs gas: is the EV worth it?

B6 Plus Bright Theme 7-Passenger AWD vs B5 Core AWD

No. Does not pay back in 6 years.

21.0years to pay back

Pick another car

$0$2,000$4,000$6,000$8,00012345678910Your 6 yearsPrice gap $7,400
Bars: total energy saving after each year. Dashed line: the $7,400 price gap.

Every EV pair

2023 Volvo XC90 EV vs gas: every pair
PairMSRPRatingEnergy a yearPrice gapSaves a yearPaybackAhead after 6 years
B6 Plus Bright Theme 7-Passenger AWD
B5 Core AWD
$63,400
$56,000
58 kWh/100 mi
25 mpg
$1,183
$1,536
$7,400$35321.0 yearsGas, $5,283
B6 Plus Bright Theme 6-Passenger AWD
B5 Core AWD
$63,900
$56,000
58 kWh/100 mi
25 mpg
$1,183
$1,536
$7,900$35322.4 yearsGas, $5,783
B6 Ultimate Bright Theme 7-Passenger AWD
B5 Core AWD
$69,200
$56,000
58 kWh/100 mi
25 mpg
$1,183
$1,536
$13,200$35337.4 yearsGas, $11,083
B6 Ultimate Bright Theme 6-Passenger AWD
B5 Core AWD
$69,700
$56,000
58 kWh/100 mi
25 mpg
$1,183
$1,536
$13,700$35338.8 yearsGas, $11,583
Recharge T8 Core Bright Theme eAWD
B5 Core AWD
$71,900
$56,000
58 kWh/100 mi
25 mpg
$1,183
$1,536
$15,900$35345.1 yearsGas, $13,783
Recharge T8 Plus Dark Theme eAWD
B5 Core AWD
$73,600
$56,000
58 kWh/100 mi
25 mpg
$1,183
$1,536
$17,600$35349.9 yearsGas, $15,483
Recharge T8 Plus Bright Theme 7-Passenger eAWD
B5 Core AWD
$73,600
$56,000
58 kWh/100 mi
25 mpg
$1,183
$1,536
$17,600$35349.9 yearsGas, $15,483
Recharge T8 Plus Bright Theme 6-Passenger eAWD
B5 Core AWD
$74,100
$56,000
58 kWh/100 mi
25 mpg
$1,183
$1,536
$18,100$35351.3 yearsGas, $15,983
Recharge T8 Ultimate Dark Theme eAWD
B5 Core AWD
$79,400
$56,000
58 kWh/100 mi
25 mpg
$1,183
$1,536
$23,400$35366.3 yearsGas, $21,283
Recharge T8 Ultimate Bright Theme 7-Passenger eAWD
B5 Core AWD
$79,400
$56,000
58 kWh/100 mi
25 mpg
$1,183
$1,536
$23,400$35366.3 yearsGas, $21,283
Recharge T8 Ultimate Bright Theme 6-Passenger eAWD
B5 Core AWD
$79,900
$56,000
58 kWh/100 mi
25 mpg
$1,183
$1,536
$23,900$35367.7 yearsGas, $21,783

What changes the answer

  • Gas price for a 6-year payback: $5.03.
  • Miles a year for a 6-year payback: 42,000.

What you give up

B6 Plus Bright Theme 7-Passenger AWD vs B5 Core AWD: other differences
MeasureEVGasChange
Cargo, seats up35.6 cu ft35.6 cu ftabout the same
Cargo, seats down65.5 cu ft65.5 cu ftabout the same

Plug-in hybrid vs gas

No. Does not pay back in 6 years. T8 Recharge Core Plug-In Hybrid AWD vs B5 Core AWD.

  • Plug-in: $15,900 more. Saves $233 a year.
  • Break-even: 817,900 miles.
  • No gas trim with the same name. Cheapest gas AWD/4WD trim used.
2023 Volvo XC90 plug-in hybrid vs gas: every pair
PairMSRPRatingEnergy a yearPrice gapSaves a yearPaybackAhead after 6 years
T8 Recharge Core Plug-In Hybrid AWD
B5 Core AWD
$71,900
$56,000
27 mpg, 58 kWh/100 mi
25 mpg
$1,303
$1,536
$15,900$23368.2 yearsGas, $14,500
T8 Recharge Plus Dark Theme Plug-In Hybrid AWD
B5 Core AWD
$73,600
$56,000
27 mpg, 58 kWh/100 mi
25 mpg
$1,303
$1,536
$17,600$23375.4 yearsGas, $16,200
T8 Recharge Plus Bright Theme Plug-In Hybrid AWD
B5 Core AWD
$73,600
$56,000
27 mpg, 58 kWh/100 mi
25 mpg
$1,303
$1,536
$17,600$23375.4 yearsGas, $16,200
T8 Recharge Ultimate Dark Theme Plug-In Hybrid AWD
B5 Core AWD
$79,400
$56,000
27 mpg, 58 kWh/100 mi
25 mpg
$1,303
$1,536
$23,400$233100.3 yearsGas, $22,000
T8 Recharge Ultimate Bright Theme Plug-In Hybrid AWD
B5 Core AWD
$79,400
$56,000
27 mpg, 58 kWh/100 mi
25 mpg
$1,303
$1,536
$23,400$233100.3 yearsGas, $22,000

What this cannot tell you

Incentives, insurance, upkeep and resale are not included.

Your own mpg will differ.

How values are checked