£1,661 initial rental£276 + VAT per month

When you choose Volvo, you benefit from even more than our range of premium cars. We believe it’s our job to not only understand the demands of fleet and the importance of thinking for tomorrow, but also the unique needs of your business. You can rest assured that we’ll be there to support your business and fleet no matter where your journey leads you.


Imagine what you could save

The cost of a Volvo plug-in hybrid may be less than you think. For you, there's lower fuel and insurance outlay, meaning lower Whole Life Costs. For your drivers, it's reduced Benefit-in-Kind tax rates. And for the planet fewer emissions. Add the fact we offer a plug-in hybrid variant on every car in our range and the decision is a simple one.

The true cost of a Volvo XC40 plug-in hybrid

From maintenance and insurance to fuel and depreciation there are many costs to consider when choosing fleet vehicles. The first table below shows the breakdown of the CAP Total Cost of Ownership of our XC40 plug-in hybrid, based on 36 months / 60,000 miles, and then compares that to the average Total Cost of Ownership of equivalent UK premium petrol and diesel vehicles.
Volvo XC40 Recharge T5 R Design Plug-In Hybrid Auto Based on 36 months / 60,000 miles
Total cost of ownership £28,297.06
TCO p/Mile 47p
TCO £/Month £786.03
Depreciation £22,130
Company fuel costs £2,469
SMR total £3,698.06
National Insurance £2,217
VED £920
Write Down Allowance -£7,772
Average annual saving per car versus equivalent premium petrol vehicles* £1,738.08
Average annual saving per car versus equivalent premium diesel vehicles* £1,426.44
Average annual saving per car versus premium petrol/diesel combined* £1,582.20

We offer plug-in hybrid variants across our entire range. The second table below summarises the annual Total Cost of Ownership savings that can be made across all our plug-in hybrid models.*
Model Total cost of ownership Average annual saving per car versus premium petrol/diesel combined*
XC40 Recharge T5 R Design Plug-In Hybrid Auto £28,297.06 £1,582.20
XC60 Recharge T6 R Design Plug-In Hybrid Auto £37,462.16 £788.64
XC90 Recharge T8 R Design Plug-In Hybrid Auto £47,077.98 £981.48
S60 Recharge T8 R Design Plug-In Hybrid Auto £35,831.19 £1,011.13
S90 Recharge T8 R Design Plug-In Hybrid Auto £40,895.11 £1,504.06
V60 Recharge T6 R Design Plug-In Hybrid Auto £34,558.01 £1,529.16
V90 Recharge T6 R Design Plug-In Hybrid Auto £41,089.35 £1,298.13
*Savings per car each year based on average CAP Total Cost of Ownership saving of the Volvo plug-in hybrids compared to nearest equivalent UK premium diesel and petrol vehicles. ‘Premium’ based on SMMT definition. Savings versus particular models will vary. All data provided by CAP based on 36 months / 60,000 miles, correct as of 03/06/20. The information provided is for guidance only and should not be relied upon. Data is subject to change, so we therefore advise you to investigate the figures to ensure they are up to date. For further CAP comparison data visit


It's the money not spent

There are clear economic benefits to choosing our plug-in hybrids. In addition to the savings shown above your drivers can also benefit from one year’s free electricity.

Putting our planet first

Our commitment to electrification is rooted in our unquestionably Swedish affinity with the world around us. We care about our environmental impact and our carbon footprint – and long-term, our goal to create a cleaner, safer planet for all. That’s why we’re taking the lead in sustainable mobility.

Take Charge

The Volvo On Call app* will allow you to take control of your driving and provides you with insightful information on every journey so that you can minimise your emissions. To further help you in your pursuit of more sustainable driving we will cover charging costs for up to one year when purchasing a new plug-in hybrid from Volvo. The more you drive electric with zero tailpipe emissions, the more you’ll save. The refund amount will be based on the current consumer price of electricity in your country.

Offer valid for orders placed from 16th October 2019 to 30th September 2020.
Offer valid only if the vehicle is retained for 12 months from date of purchase.
The offer is available on all Volvo on Call markets.


It's the fuel not used

Our plug-in hybrids offer attractive fuel economy. And in Pure mode your drivers can enjoy up to 36 miles of pure electric, emissions-free driving. For many, that would mean a fuel-free drive to work - every single day. 


It's the emissions not released

Corporate Social Responsibility is not only important. It's good business. Our plug-in hybrids empower you and your drivers to contribute to a greener, safer planet with CO2 emissions under 50g/km across most of the lineup.

Representative Finance Quote

Business Contract Hire Offers (all prices exclude VAT) Volvo XC40 T3 FWD R Design Manual Metallic
Monthly rental £289.84
Initial rental £1,739.04
Term of agreement 36 months
Annual mileage 10,000
Excess mileage charge 11.5p
VAT payable at 20%
*Important Information: Business users only. 18’s & over, finance subject to status. Guarantee/Indemnity may be required. You can never own the vehicle. Vehicle must be returned in good condition to avoid further charges. Subject to availability at participating dealers for vehicles registered by 01/10/2020 to 31/12/2020. Not available with other promotions. Excess mileage will be charged at 11.5p + VAT per mile. Provided by Santander Consumer (UK) PLC trading as Volvo Car Financial Services, RH1 1SR.

All finance is subject to status and available to over 18's only (excluding The Channel Islands). Guarantees and indemnities may be required. Offers valid at the time of upload and liable to change.

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Liz Inglis - Lloyd Carlisle Volvo

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