Volvo running costs
The Fleet News Running Cost Calculator gives you important information about the three key vehicle costs: depreciation, fuel and service, maintenance and repair (SMR). It enables fleet decision-makers to compare models to benchmark costs and determine which are best suited to their budgets using pence per mile or full cycle figures.
Fleet News is now able to offer you an additional layer of insight via our Total Cost of Ownership Calculator. Sign up or log in to access TCO figures by monthly cost or pence per mile which take into consideration National Insurance, vehicle off road (VOR) costs and VED as well as the standard running cost figures.
Petrol and diesel prices are updated from nationwide averages from globalpetrolprices.com. This is then calculated against the 'WLTP MPG – Comb' figure.
Electric cost is 44p. This is taken from an average/blend of charging types sourced from Zapmap. The 'WLTP EC (kWh/100km) – Comb' figure in then used to calculate the electric cost.
Data for both calculators is provided by cap hpi.
To start, choose a car type or vehicle make
Use the drop down selectors to filter by car type, or dive straight in and choose a make. Narrow your selections further by choosing a fuel, CO2, and price bands
Make | Derivative | P11D Value | Cost per mile | |||||||||||||||||||||
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Volvo | Ex40 Estate 185kW Ext Range Ultra Black Edition 82kWh 5dr Auto | £58,595 | 70.22p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £58,595Residual value £18750 Insurance group Fuel Type Electric
Cost per mile
Fuel 2.42ppm
Depreciation 66.50ppm
Service maintenance and repair 1.3ppm
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Volvo | Ex40 Estate 300kW Twin Motor Plus Pro 82kWh 5dr AWD Auto | £59,595 | 73.16p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £59,595Residual value £18075 Insurance group 39E Fuel Type Electric
Cost per mile
Fuel 2.56ppm
Depreciation 69.29ppm
Service maintenance and repair 1.3ppm
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Volvo | C40 Estate 175kW Recharge Core 69kWh 5dr Auto | £48,300 | 62.32p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £48,300Residual value £13150 Insurance group 36E Fuel Type Electric
Cost per mile
Fuel 2.35ppm
Depreciation 58.68ppm
Service maintenance and repair 1.3ppm
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Volvo | C40 Estate 175kW Recharge Ultimate 69kWh 5dr Auto | £57,500 | 71.82p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £57,500Residual value £16650 Insurance group 38E Fuel Type Electric
Cost per mile
Fuel 2.35ppm
Depreciation 68.18ppm
Service maintenance and repair 1.3ppm
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Volvo | Ec40 Estate 185kW Extended Range Plus 78kWh 5dr Auto | £54,250 | 68.13p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £54,250Residual value £15625 Insurance group 36E Fuel Type Electric
Cost per mile
Fuel 2.36ppm
Depreciation 64.47ppm
Service maintenance and repair 1.3ppm
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Volvo | Ec40 Estate 185kW Extended Range Plus Pro 82kWh 5dr Auto | £56,095 | 70.64p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £56,095Residual value £15975 Insurance group 36E Fuel Type Electric
Cost per mile
Fuel 2.38ppm
Depreciation 66.96ppm
Service maintenance and repair 1.3ppm
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Volvo | Ec40 Estate 185kW Ext Range Plus Pro Black Ed 82kWh 5dr Auto | £56,795 | 71.72p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £56,795Residual value £16025 Insurance group 36E Fuel Type Electric
Cost per mile
Fuel 2.38ppm
Depreciation 68.04ppm
Service maintenance and repair 1.3ppm
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Volvo | Ec40 Estate 185kW Ext Range Ultra Black Edition 82kWh 5dr Auto | £58,595 | 72.60p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £58,595Residual value £17300 Insurance group Fuel Type Electric
Cost per mile
Fuel 2.38ppm
Depreciation 68.92ppm
Service maintenance and repair 1.3ppm
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Volvo | Ec40 Estate 300kW Twin Plus Pro 82kWh 5dr AWD Auto | £59,595 | 73.67p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £59,595Residual value £17750 Insurance group 40E Fuel Type Electric
Cost per mile
Fuel 2.53ppm
Depreciation 69.83ppm
Service maintenance and repair 1.3ppm
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Volvo | V90 Estate 2.0 B5P Cross Country Ultimate 5dr AWD Auto | £61,870 | 87.35p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £61,870Residual value £22575 Insurance group 38E Fuel Type Petrol
Cost per mile
Fuel 17.46ppm
Depreciation 65.58ppm
Service maintenance and repair 4.3ppm
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Volvo | V90 Estate 2.0 T6 [350] RC PHEV Plus Bright 5dr AWD Auto | £62,220 | 75.48p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £62,220Residual value £20525 Insurance group 41E Fuel Type Petrol Parallel PHEV
Cost per mile
Fuel 1.79ppm
Depreciation 69.58ppm
Service maintenance and repair 4.1ppm
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Volvo | Ex30 Estate 200kW SM Extended Range Plus 69kWh 5dr Auto | £39,795 | 43.97p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £39,795Residual value £15725 Insurance group 38E Fuel Type Electric
Cost per mile
Fuel 2.46ppm
Depreciation 40.21ppm
Service maintenance and repair 1.3ppm
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Volvo | Ex30 Estate 315kW Twin Motor Performance Plus 69kWh 5dr Auto | £42,295 | 44.50p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £42,295Residual value £17950 Insurance group 40E Fuel Type Electric
Cost per mile
Fuel 2.53ppm
Depreciation 40.67ppm
Service maintenance and repair 1.3ppm
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Volvo | Xc40 Estate 2.0 B3P Ultra Black Edition 5dr Auto | £45,145 | 60.56p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £45,145Residual value £20200 Insurance group 24E Fuel Type Petrol
Cost per mile
Fuel 14.80ppm
Depreciation 41.67ppm
Service maintenance and repair 4.1ppm
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Volvo | Xc40 Estate 2.0 B4P Plus Black Edition 5dr Auto | £41,395 | 57.64p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £41,395Residual value £18175 Insurance group 26E Fuel Type Petrol
Cost per mile
Fuel 14.80ppm
Depreciation 38.79ppm
Service maintenance and repair 4.1ppm
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Volvo | Xc40 Estate 2.0 B4P Plus Pro Dark 5dr Auto | £43,145 | 59.81p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £43,145Residual value £18625 Insurance group 25E Fuel Type Petrol
Cost per mile
Fuel 14.80ppm
Depreciation 40.96ppm
Service maintenance and repair 4.1ppm
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Volvo | Ex40 Estate 175kW Single Motor Plus 69kWh 5dr Auto | £52,345 | 64.04p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £52,345Residual value £16250 Insurance group 34E Fuel Type Electric
Cost per mile
Fuel 2.49ppm
Depreciation 60.25ppm
Service maintenance and repair 1.3ppm
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Volvo | Ex40 Estate 185kW Extended Range Ultra 78kWh 5dr Auto | £58,300 | 69.72p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £58,300Residual value £18750 Insurance group 35E Fuel Type Electric
Cost per mile
Fuel 2.40ppm
Depreciation 66.01ppm
Service maintenance and repair 1.3ppm
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Volvo | Ex40 Estate 185kW Ext Range Plus Black Editon 78kWh 5dr Auto | £55,000 | 67.67p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £55,000Residual value £16675 Insurance group 35E Fuel Type Electric
Cost per mile
Fuel 2.40ppm
Depreciation 63.97ppm
Service maintenance and repair 1.3ppm
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Volvo | V90 Estate 2.0 B4P Core 5dr Auto | £44,100 | 67.79p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £44,100Residual value £15375 Insurance group 34E Fuel Type Petrol
Cost per mile
Fuel 15.68ppm
Depreciation 47.97ppm
Service maintenance and repair 4.1ppm
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Volvo | XC90 Estate 2.0 B5P Ultra Bright 5dr AWD Geartronic | £73,595 | 97.23p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £73,595Residual value £29500 Insurance group 39E Fuel Type Petrol
Cost per mile
Fuel 19.27ppm
Depreciation 73.58ppm
Service maintenance and repair 4.4ppm
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Volvo | XC90 Estate 2.0 T8 PHEV Plus Dark 5dr AWD Geartronic | £77,595 | 83.60p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £77,595Residual value £31700 Insurance group 42E Fuel Type Petrol Parallel PHEV
Cost per mile
Fuel 2.91ppm
Depreciation 76.58ppm
Service maintenance and repair 4.1ppm
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Volvo | XC90 Estate 2.0 T8 PHEV Ultra Dark 5dr AWD Geartronic | £84,095 | 89.31p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £84,095Residual value £34775 Insurance group 43E Fuel Type Petrol Parallel PHEV
Cost per mile
Fuel 2.91ppm
Depreciation 82.29ppm
Service maintenance and repair 4.1ppm
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Volvo | XC90 Estate 2.0 B5P Ultra Edition Dark 5dr AWD Geartronic | £73,380 | 98.83p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £73,380Residual value £28050 Insurance group 38E Fuel Type Petrol
Cost per mile
Fuel 18.81ppm
Depreciation 75.64ppm
Service maintenance and repair 4.4ppm
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Volvo | XC90 Estate 2.0 T8 [455] RC PHEV Core Bright 5dr AWD Gtron | £71,350 | 79.55p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £71,350Residual value £27750 Insurance group 42E Fuel Type Petrol Parallel PHEV
Cost per mile
Fuel 2.69ppm
Depreciation 72.76ppm
Service maintenance and repair 4.1ppm
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The Fleet News Car Running Costs Calculator 
Data supplied by CAP. Updated every month.
Discover detailed running costs for Volvo vehicles. Our analysis includes fuel economy, CO2 emissions, insurance group ratings, and maintenance expenses to help you manage your fleet efficiently. Use our tool to customise running cost data based on your chosen operating cycle. Adjust the operating cycle to see how costs vary with different usage patterns.
Volvo fuel economy
Understand the fuel efficiency of various Volvo models, measured in MPG (WLTP).
Volvo CO2 emissions
Review the CO2 emissions for each Volvo model, aiding environmentally conscious decisions.
Volvo insurance group
Find insurance group ratings for different Volvo models to estimate your insurance costs.
Volvo maintenance costs
Analyze the maintenance expenses, including service, repair, and depreciation costs.
Comparative analysis of Volvo models
Compare running costs across different Volvo models to choose the most cost-effective option for your fleet.
Volvo residual value
Forecasted residual value for Volvo at your specified cycle.
BIK P11D for Volvo
The list price from new (basic price, VAT, delivery charges).
The Fleet News Car Running Costs Calculator helps fleet operators research costs and other vital information like CO2 emissions and insurance groups. Data is updated monthly. Note: Plug-in grant calculations are excluded due to eligibility limits.