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 | 71.80p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £45,505Residual value £15450 Insurance group 32E Fuel Type Petrol
Cost per mile
Fuel 15.92ppm
Depreciation 50.18ppm
Service maintenance and repair 5.7ppm
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Volvo | S60 Saloon 2.0 B5P Ultimate Dark 4dr AWD Auto | £50,205 | 77.71p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £50,205Residual value £16600 Insurance group 33E Fuel Type Petrol
Cost per mile
Fuel 15.92ppm
Depreciation 56.10ppm
Service maintenance and repair 5.7ppm
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Volvo | Xc40 Estate 2.0 B3P Plus Dark 5dr Auto | £39,495 | 56.49p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £39,495Residual value £17500 Insurance group 24E Fuel Type Petrol
Cost per mile
Fuel 15.01ppm
Depreciation 36.75ppm
Service maintenance and repair 4.7ppm
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Volvo | Xc40 Estate 2.0 B3P Plus Black Edition 5dr Auto | £39,995 | 57.18p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £39,995Residual value £17650 Insurance group 23E Fuel Type Petrol
Cost per mile
Fuel 14.80ppm
Depreciation 37.33ppm
Service maintenance and repair 5.1ppm
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Volvo | Xc40 Estate 2.0 B3P Ultra Bright 5dr Auto | £44,495 | 60.14p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £44,495Residual value £20375 Insurance group 25E Fuel Type Petrol
Cost per mile
Fuel 14.80ppm
Depreciation 40.29ppm
Service maintenance and repair 5.1ppm
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Volvo | Xc40 Estate 2.0 B3P Ultra Dark 5dr Auto | £44,495 | 60.14p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £44,495Residual value £20375 Insurance group 25E Fuel Type Petrol
Cost per mile
Fuel 14.80ppm
Depreciation 40.29ppm
Service maintenance and repair 5.1ppm
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Volvo | Xc40 Estate 2.0 B3P Ultra Black Edition 5dr Auto | £45,145 | 61.22p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £45,145Residual value £20375 Insurance group 24E Fuel Type Petrol
Cost per mile
Fuel 14.80ppm
Depreciation 41.38ppm
Service maintenance and repair 5.1ppm
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Volvo | Ex40 Estate 175kW Single Motor Core 69kWh 5dr Auto | £46,195 | 58.61p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £46,195Residual value £14525 Insurance group 33E Fuel Type Electric
Cost per mile
Fuel 2.42ppm
Depreciation 52.88ppm
Service maintenance and repair 3.3ppm
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Volvo | V90 Estate 2.0 T6 [350] PHEV Plus Dark 5dr AWD Auto | £62,245 | 75.78p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £62,245Residual value £20825 Insurance group 40E Fuel Type Petrol Parallel PHEV
Cost per mile
Fuel 1.79ppm
Depreciation 69.13ppm
Service maintenance and repair 4.9ppm
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Volvo | Ex30 Estate 315kW Twin Motor Performance Plus 69kWh 5dr Auto | £42,295 | 46.64p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £42,295Residual value £18100 Insurance group 40E Fuel Type Electric
Cost per mile
Fuel 2.53ppm
Depreciation 40.42ppm
Service maintenance and repair 3.7ppm
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Volvo | Xc40 Estate 2.0 B3P Core 5dr Auto | £36,245 | 54.48p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £36,245Residual value £15325 Insurance group 23E Fuel Type Petrol
Cost per mile
Fuel 15.01ppm
Depreciation 34.96ppm
Service maintenance and repair 4.5ppm
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Volvo | Xc40 Estate 2.0 B4P Plus Black Edition 5dr Auto | £41,395 | 58.58p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £41,395Residual value £18325 Insurance group 26E Fuel Type Petrol
Cost per mile
Fuel 14.80ppm
Depreciation 38.54ppm
Service maintenance and repair 5.2ppm
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Volvo | Xc40 Estate 2.0 B4P Ultra Dark 5dr Auto | £45,645 | 61.08p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £45,645Residual value £21075 Insurance group 27E Fuel Type Petrol
Cost per mile
Fuel 14.80ppm
Depreciation 41.04ppm
Service maintenance and repair 5.2ppm
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Volvo | Xc40 Estate 2.0 B4P Plus Pro Dark 5dr Auto | £43,145 | 60.39p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £43,145Residual value £18775 Insurance group 25E Fuel Type Petrol
Cost per mile
Fuel 14.80ppm
Depreciation 40.71ppm
Service maintenance and repair 4.9ppm
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Volvo | Xc40 Electric Estate 300kW Recharge Twin Plus 82kWh 5dr AWD Auto | £57,750 | 72.17p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £57,750Residual value £17875 Insurance group 41E Fuel Type Electric
Cost per mile
Fuel 2.55ppm
Depreciation 66.55ppm
Service maintenance and repair 3.1ppm
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Volvo | Ex40 Estate 175kW Single Motor Plus Pro 69kWh 5dr Auto | £54,345 | 68.53p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £54,345Residual value £16725 Insurance group 33E Fuel Type Electric
Cost per mile
Fuel 2.42ppm
Depreciation 62.79ppm
Service maintenance and repair 3.3ppm
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Volvo | S60 Saloon 2.0 T8 [455] RC PHEV Ultimate Dark 4dr AWD Auto | £56,530 | 69.47p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £56,530Residual value £19725 Insurance group 40E Fuel Type Petrol Parallel PHEV
Cost per mile
Fuel 2.46ppm
Depreciation 61.43ppm
Service maintenance and repair 5.6ppm
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Volvo | V90 Estate 2.0 B4P Core 5dr Auto | £44,100 | 68.00p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £44,100Residual value £15600 Insurance group 34E Fuel Type Petrol
Cost per mile
Fuel 15.68ppm
Depreciation 47.59ppm
Service maintenance and repair 4.7ppm
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Volvo | V90 Estate 2.0 T6 [350] Recharge PHEV Ultimate 5dr AWD Auto | £68,470 | 83.72p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £68,470Residual value £22850 Insurance group 41E Fuel Type Petrol Parallel PHEV
Cost per mile
Fuel 1.79ppm
Depreciation 76.13ppm
Service maintenance and repair 5.8ppm
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Volvo | V90 Estate 2.0 T8 [455] PHEV Ultra Dark 5dr AWD Auto | £70,745 | 84.73p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £70,745Residual value £24350 Insurance group 41E Fuel Type Petrol Parallel PHEV
Cost per mile
Fuel 2.02ppm
Depreciation 77.42ppm
Service maintenance and repair 5.3ppm
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Volvo | Ex30 Estate 315kW Twin Motor Performance Ultra 69kWh 5dr Auto | £45,795 | 49.76p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £45,795Residual value £19725 Insurance group 41E Fuel Type Electric
Cost per mile
Fuel 2.53ppm
Depreciation 43.54ppm
Service maintenance and repair 3.7ppm
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Volvo | Xc40 Estate 2.0 B4P Plus Dark 5dr Auto | £40,645 | 57.23p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £40,645Residual value £18175 Insurance group 26E Fuel Type Petrol
Cost per mile
Fuel 14.80ppm
Depreciation 37.54ppm
Service maintenance and repair 4.9ppm
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Volvo | Xc40 Estate 2.0 B4P Ultra Bright 5dr Auto | £45,645 | 61.08p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £45,645Residual value £21075 Insurance group 27E Fuel Type Petrol
Cost per mile
Fuel 14.80ppm
Depreciation 41.04ppm
Service maintenance and repair 5.2ppm
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Volvo | Xc40 Electric Estate 300kW Recharge Twin Core 82kWh 5dr AWD Auto | £51,700 | 65.17p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £51,700Residual value £16025 Insurance group 41E Fuel Type Electric
Cost per mile
Fuel 2.55ppm
Depreciation 59.55ppm
Service maintenance and repair 3.1ppm
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Volvo | Xc40 Electric Estate 300kW Recharge Twin Ultimate 82kWh 5dr AWD Auto | £61,800 | 75.18p |
£XX,XXX.XX
Total cost of ownership
£XX,XXX.XX
TCO £/month
XXX.XXp
TCO ppm
P11D £61,800Residual value £20100 Insurance group 42E Fuel Type Electric
Cost per mile
Fuel 2.55ppm
Depreciation 69.59ppm
Service maintenance and repair 3.0ppm
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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.