The 2024 Volvo XC40 Recharge electric model has a starting Base MSRP of $52,450.
How Much Will a Volvo XC40 Electric Cost?
The 2024 Volvo XC40 electric, specifically known as the Volvo XC40 Recharge, has a starting manufacturer's suggested retail price (MSRP) of $52,450. It's important to note that this price excludes any potential destination fees. This compact luxury SUV is fully electric, offering a compelling blend of performance and efficiency.
Here's a breakdown of key cost and performance aspects for the 2024 Volvo XC40 Recharge:
| Feature | Detail |
|---|---|
| Base MSRP | $52,450 (Excludes Destination Fee) |
| EV Tax Credits & Rebates | Not available (Based on income) |
| Engine Type | Electric |
| Edmunds Tested Electric Range | 302 miles (vs EPA Range 293 miles) |
| Estimated Monthly Cost to Drive | $124/month |
Key Details of the 2024 Volvo XC40 Recharge
The Volvo XC40 Recharge is a standout in the electric vehicle market, offering practical features for daily driving.
- Electric Performance: As an all-electric vehicle, it operates purely on electricity, contributing to lower emissions and a quieter ride.
- Driving Range: While the EPA estimates a range of 293 miles, independent testing by Edmunds showed an impressive 302 miles on a full charge, providing ample range for most commuters and travelers.
- Running Costs: The estimated cost to drive this vehicle is approximately $124 per month, which can be a significant saving compared to gasoline-powered vehicles, depending on local electricity rates and driving habits.
- Tax Incentives: Potential buyers should be aware that EV tax credits and rebates for the XC40 Recharge may not be available based on income, so it's advisable to check current federal and local regulations for eligibility.
For more detailed information, you can explore the 2024 Volvo XC40 Recharge on Edmunds.
