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 | S60 Saloon 2.0 B5P Plus Dark 4dr AWD Auto | £45,505 | 72.08p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £45,505Residual value £15800 Insurance group 32E Fuel Type Petrol
Cost per mile
Fuel 16.83ppm
Depreciation 49.60ppm
Service maintenance and repair 5.7ppm
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Volvo | S60 Saloon 2.0 T8 [455] RC PHEV Ultimate Dark 4dr AWD Auto | £56,530 | 68.83p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £56,530Residual value £20175 Insurance group 40E Fuel Type Petrol Parallel PHEV
Cost per mile
Fuel 2.60ppm
Depreciation 60.68ppm
Service maintenance and repair 5.5ppm
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Volvo | V60 Sportswagon 2.0 T6 [350] PHEV Plus Dark 5dr AWD Auto | £51,145 | 59.90p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £51,145Residual value £19500 Insurance group 36E Fuel Type Petrol Parallel PHEV
Cost per mile
Fuel 1.90ppm
Depreciation 52.83ppm
Service maintenance and repair 5.2ppm
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Volvo | S90 Saloon 2.0 T8 RC PHEV [455] Plus Dark 4dr AWD Auto | £63,025 | 77.89p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £63,025Residual value £20400 Insurance group 43E Fuel Type Petrol Parallel PHEV
Cost per mile
Fuel 1.90ppm
Depreciation 71.13ppm
Service maintenance and repair 4.9ppm
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Volvo | V90 Estate 2.0 B6P Cross Country Ultimate 5dr AWD Auto | £64,955 | 93.92p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £64,955Residual value £24475 Insurance group 39E Fuel Type Petrol
Cost per mile
Fuel 20.37ppm
Depreciation 67.56ppm
Service maintenance and repair 6.0ppm
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Volvo | V90 Estate 2.0 T6 [350] RC PHEV Ultimate Dark 5dr AWD Auto | £68,470 | 83.13p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £68,470Residual value £23250 Insurance group 41E Fuel Type Petrol Parallel PHEV
Cost per mile
Fuel 1.90ppm
Depreciation 75.46ppm
Service maintenance and repair 5.8ppm
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Volvo | V90 Diesel Estate 2.0 B4D Plus Dark 5dr Auto | £51,120 | 74.48p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £51,120Residual value £18175 Insurance group 34E Fuel Type Diesel
Cost per mile
Fuel 14.51ppm
Depreciation 55.00ppm
Service maintenance and repair 5.0ppm
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Volvo | Ex30 Estate 200kW Single Motor Core 51kWh 5dr Auto | £32,995 | 38.61p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £32,995Residual value £13175 Insurance group 35E Fuel Type Electric
Cost per mile
Fuel 2.48ppm
Depreciation 33.13ppm
Service maintenance and repair 3.0ppm
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Volvo | Ex30 Estate 200kW SM Extended Range Core 69kWh 5dr Auto | £37,195 | 41.47p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £37,195Residual value £15650 Insurance group 37E Fuel Type Electric
Cost per mile
Fuel 2.46ppm
Depreciation 36.00ppm
Service maintenance and repair 3.0ppm
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Volvo | Xc40 Estate 2.0 B3P Plus Black Edition 5dr Auto | £39,995 | 57.95p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £39,995Residual value £17675 Insurance group 23E Fuel Type Petrol
Cost per mile
Fuel 15.65ppm
Depreciation 37.29ppm
Service maintenance and repair 5.0ppm
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Volvo | Xc40 Estate 2.0 B3P Ultra Bright 5dr Auto | £44,495 | 60.74p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £44,495Residual value £20500 Insurance group 25E Fuel Type Petrol
Cost per mile
Fuel 15.65ppm
Depreciation 40.08ppm
Service maintenance and repair 5.0ppm
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Volvo | Xc40 Estate 2.0 B4P Ultra Dark 5dr Auto | £45,645 | 61.69p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £45,645Residual value £21200 Insurance group 27E Fuel Type Petrol
Cost per mile
Fuel 15.65ppm
Depreciation 40.83ppm
Service maintenance and repair 5.2ppm
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Volvo | Ex40 Estate 175kW Single Motor Core 69kWh 5dr Auto | £46,195 | 58.21p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £46,195Residual value £14800 Insurance group 33E Fuel Type Electric
Cost per mile
Fuel 2.42ppm
Depreciation 52.42ppm
Service maintenance and repair 3.4ppm
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Volvo | Ex40 Estate 325kW TM Perf Plus Black Edition 82kWh 5dr Auto | £59,545 | 74.76p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £59,545Residual value £18600 Insurance group 40E Fuel Type Electric
Cost per mile
Fuel 2.61ppm
Depreciation 68.33ppm
Service maintenance and repair 3.8ppm
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Volvo | C40 Estate 170kW Recharge Plus 69kWh 5dr Auto | £53,045 | 68.56p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £53,045Residual value £15100 Insurance group 35E Fuel Type Electric
Cost per mile
Fuel 2.61ppm
Depreciation 63.33ppm
Service maintenance and repair 2.6ppm
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Volvo | C40 Estate 175kW Recharge Core 69kWh 5dr Auto | £48,300 | 63.81p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £48,300Residual value £13500 Insurance group 36E Fuel Type Electric
Cost per mile
Fuel 2.35ppm
Depreciation 58.09ppm
Service maintenance and repair 3.4ppm
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Volvo | C40 Estate 175kW Recharge Ultimate 69kWh 5dr Auto | £57,500 | 73.50p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £57,500Residual value £17150 Insurance group 38E Fuel Type Electric
Cost per mile
Fuel 2.35ppm
Depreciation 67.34ppm
Service maintenance and repair 3.8ppm
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Volvo | Ec40 Estate 175kW Plus 69kWh 5dr Auto | £52,345 | 67.66p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £52,345Residual value £15425 Insurance group 35E Fuel Type Electric
Cost per mile
Fuel 2.36ppm
Depreciation 61.63ppm
Service maintenance and repair 3.7ppm
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Volvo | Ec40 Estate 185kW Extended Range Plus 78kWh 5dr Auto | £54,250 | 70.06p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £54,250Residual value £16100 Insurance group 36E Fuel Type Electric
Cost per mile
Fuel 2.36ppm
Depreciation 63.68ppm
Service maintenance and repair 4.0ppm
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Volvo | Ec40 Estate 185kW Ext Range Plus Black Edition 78kWh 5dr Auto | £55,000 | 71.25p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £55,000Residual value £16250 Insurance group 36E Fuel Type Electric
Cost per mile
Fuel 2.36ppm
Depreciation 64.68ppm
Service maintenance and repair 4.2ppm
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Volvo | XC60 Estate 2.0 B5P Core 5dr AWD Geartronic | £46,475 | 67.09p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £46,475Residual value £20175 Insurance group 34E Fuel Type Petrol
Cost per mile
Fuel 18.26ppm
Depreciation 43.93ppm
Service maintenance and repair 4.9ppm
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Volvo | XC60 Estate 2.0 B5P Ultra Black Edition 5dr AWD Geartronic | £61,480 | 81.44p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £61,480Residual value £27375 Insurance group 38E Fuel Type Petrol
Cost per mile
Fuel 18.26ppm
Depreciation 56.93ppm
Service maintenance and repair 6.3ppm
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Volvo | XC60 Estate 2.0 T6 [350] RC PHEV Plus Dark 5dr AWD Geartronic | £60,000 | 68.05p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £60,000Residual value £23575 Insurance group 40E Fuel Type Petrol Parallel PHEV
Cost per mile
Fuel 2.37ppm
Depreciation 60.80ppm
Service maintenance and repair 4.9ppm
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Volvo | XC60 Estate 2.0 T8 455 RC PHEV Ultimate Black Ed 5dr AWD Gtron | £69,330 | 78.35p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £69,330Residual value £27675 Insurance group 43E Fuel Type Petrol Parallel PHEV
Cost per mile
Fuel 2.61ppm
Depreciation 69.52ppm
Service maintenance and repair 6.2ppm
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Volvo | XC60 Estate 2.0 T8 [455] PHEV Ultra Dark 5dr AWD Geartronic | £68,330 | 76.82p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £68,330Residual value £27275 Insurance group 41E Fuel Type Petrol Parallel PHEV
Cost per mile
Fuel 2.37ppm
Depreciation 68.52ppm
Service maintenance and repair 5.9ppm
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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.