Electric Volvo Salary Sacrifice: Every Model and Monthly Cost in 2026
Image source: Volvo Cars Media
The Electric Car Scheme offers six electric Volvos through salary sacrifice: the EX30, EX40, EC40, EX60, ES90 and EX90. On a £62,000 salary, net monthly costs start from £493 for the EX30 and reach £1,172 for the top EX90, with employees typically saving 20 to 50% compared with a personal lease.
Volvo announced in 2021 that it would go fully electric by 2030, but in September 2024 it revised that goal to 90 to 100% electrified global sales, which counts plug-in hybrids. Volvo's hybrids sit outside this list, but the full Volvo range covers them. Below, we look at how each electric model drives, what it offers inside and what it costs to salary sacrifice.
At The Electric Car Scheme, employees typically save 20 to 50% on an electric Volvo by paying for the car before income tax and National Insurance are taken. Every company can offer an electric car salary sacrifice scheme, and there's no net cost to the business to run it.
Electric Volvos At a Glance
Volvo's preliminary WLTP range and the lowest net monthly cost for each model on a £62,000 salary. The trim you choose changes the price, and the full trim-by-trim costs sit in each section below.
| Electric Volvos at a glance | Body style | WLTP range (Volvo, preliminary) | Net monthly cost from |
|---|---|---|---|
| Volvo EX30 | Compact SUV | Up to 303.9 miles | £493 |
| Volvo EX40 | Compact SUV | Up to 356 miles | £543 |
| Volvo EC40 | Compact crossover | Up to 358.5 miles | £643 |
| Volvo EX60 | Mid-size SUV | Up to 503.3 miles | £851 |
| Volvo ES90 | Large saloon | Up to 432.5 miles | £885 |
| Volvo EX90 | Seven-seat SUV | Up to 383.4 miles | £844 |
Volvo EC40
Previously known as the C40, the EC40 has shed the 'Recharge' naming convention. The C40 was first released in March 2021. The EC40 crossover is "designed for all the ways you live life," featuring smart technology and bold styling.
Volvo's UK figures give up to 300.1 miles WLTP on the Single Motor and up to 358.5 miles on the Extended Range. The Twin Motor takes 4.7 seconds from 0- 62 mph and the Single Motor 7.3 seconds, and a 200kW DC charger takes the battery from 10-80% in about 26 minutes.
On the road, the EC40 is quiet on the motorway and light to steer in town, and its 11.4m turning circle suits city driving. The boot holds 404 litres, rising to 1,310 litres with the rear seats folded.
How Much Does It Cost To Salary Sacrifice a Volvo EC40?
On a £62,000 salary, the net monthly cost starts from £643 for the EC40 Plus and reaches £739 for the Twin Ultra, and employees typically save 20 to 50% compared with a personal lease.
| Volvo EC40 net monthly cost | Battery | Net monthly cost |
|---|---|---|
| Plus | 69kWh | £643 |
| Extended Range Plus | 82kWh | £669 |
| Plus Pro | 69kWh | £674 |
| Extended Range Plus Black Edition | 82kWh | £683 |
| Twin Plus (AWD) | 82kWh | £694 |
| Extended Range Plus Pro | 82kWh | £720 |
| Twin Plus Pro (AWD) | 82kWh | £726 |
| Twin Motor Performance Plus Black Edition | 82kWh | £726 |
| Extended Range Plus Pro Black Edition | 82kWh | £730 |
| Extended Range Ultra | 82kWh | £733 |
| Extended Range Ultra Black Edition | 82kWh | £736 |
| Twin Ultra (AWD) | 82kWh | £739 |
You can use The Electric Car Scheme’s salary sacrifice calculator to see how much you could save.
Volvo EX40
The Volvo EX40 is the same car as the Volvo XC40 Recharge, but it was renamed in 2024 to take the same naming convention as the other electric Volvos. There are some differences between the EX40 and XC40: inside, it has all of the latest technology, but on the outside, it looks the same.
The EX40 starts from £39,610 for the Core trim on Volvo's UK site, and through The Electric Car Scheme the net monthly cost on a £62,000 salary starts from £543.
The Twin Motor takes 4.8 seconds from 0- 62 mph and the Single Motor 7.3 seconds, with a WLTP range of up to 294.5 miles for the Single Motor and up to 356 miles for the Extended Range. A 200kW DC charger takes it from 10-80% in about 26 minutes.
The EX40's tall roofline makes it feel spacious, especially in the back, and the boot holds 410 litres, slightly more than the EC40's 404 litres. It's a relaxed motorway cruiser.
How Much Does It Cost To Salary Sacrifice a Volvo EX40?
Every package includes insurance, servicing and maintenance, breakdown cover and road tax (VED), and The Electric Car Scheme is rated Excellent on Trustpilot with a 4.8 TrustScore.
| Volvo EX40 net monthly cost | Battery | Net monthly cost |
|---|---|---|
| Single Motor Plus | 69kWh | £543 |
| Extended Range Plus | 82kWh | £570 |
| Extended Range Core | 82kWh | £575 |
| Single Motor Plus Pro | 69kWh | £576 |
| Extended Range Plus Black Edition | 82kWh | £587 |
| Extended Range Plus Pro | 82kWh | £615 |
| Extended Range Ultra Black Edition | 82kWh | £623 |
| Extended Range Plus Pro Black Edition | 82kWh | £624 |
| Twin Motor Performance Ultra Black Edition | 82kWh | £676 |
| Extended Range Ultra | 82kWh | £681 |
| Twin Motor Plus (AWD) | 82kWh | £697 |
| Twin Motor Plus Pro (AWD) | 82kWh | £719 |
You'll pay a small amount of Benefit in Kind tax every month, otherwise known as company car tax. The rate for zero-emission cars is 4% in 2026/27, rising to 5% in 2027/28, 7% in 2028/29 and 9% in 2029/30, compared with a maximum of 37% for petrol and diesel cars in 2026/27. HMRC's guidance explains how the charge is calculated.
Volvo EX30
The EX30 is described as being a “big electric performance in a small package” and is the smallest in the lineup currently on offer. Its main competitors are the Kia Niro EV or the Renault Megane E-Tech.
The low dashboard gives good visibility in town, and the ride is comfortable over bumps. The boot holds up to 400 litres, rising to 1,000 litres with the rear seats folded.
How Much Does It Cost To Salary Sacrifice a Volvo EX30?
On a £62,000 salary, the EX30 costs from £493 a month net for the Single Motor Core and reaches £560 for the P8 Ultra Black Edition.
| Volvo EX30 net monthly cost | Battery | Net monthly cost |
|---|---|---|
| Single Motor Core | 51kWh | £493 |
| P5 Long Range Plus | 69kWh | £511 |
| P5 Long Range Plus Black Edition | 69kWh | £517 |
| P8 Plus (AWD) | 69kWh | £527 |
| Single Motor Extended Range Core | 69kWh | £532 |
| P8 Plus Black Edition (AWD) | 69kWh | £533 |
| P5 Long Range Ultra | 69kWh | £542 |
| P5 Long Range Ultra Black Edition | 69kWh | £542 |
| Single Motor Plus | 51kWh | £544 |
| Single Motor Extended Range Plus | 69kWh | £550 |
| P8 Ultra (AWD) | 69kWh | £558 |
| P8 Ultra Black Edition (AWD) | 69kWh | £560 |
Volvo EX60
The Volvo EX60 is a mid-size electric SUV that starts from £56,860 for the Plus trim.
Volvo's preliminary WLTP figures run from up to 379.7 miles for the rear-wheel drive P6 to up to 503.3 miles for the all-wheel drive P12, the longest range in Volvo's electric line-up, and the P12 takes 3.9 seconds from 0- 62 mph.
How Much Does It Cost To Salary Sacrifice A Volvo EX60?
On a £62,000 salary, the net monthly cost runs from £851 for the P6 Plus to £991 for the P12 Ultra. It sits at the premium end of the salary sacrifice cars available through the scheme.
| Volvo EX60 net monthly cost | Battery | Net monthly cost |
|---|---|---|
| P6 Plus | 83kWh | £851 |
| P6 Ultra | 83kWh | £888 |
| P10 Ultra (AWD) | 95kWh | £927 |
| P12 Plus (AWD) | 117kWh | £942 |
| P12 Ultra (AWD) | 117kWh | £991 |
Volvo ES90
The Volvo ES90 is a large electric saloon with a coupe-style silhouette.
Volvo's preliminary WLTP figures give up to 412.6 miles for the Single Motor Extended Range and up to 432.5 miles for the Twin Motor models, with a 10-80% charge in about 22 minutes at a 350kW DC charger.
How Much Does It Cost To Salary Sacrifice A Volvo ES90?
| Volvo ES90 net monthly cost | Battery | Net monthly cost |
|---|---|---|
| Single Motor Extended Range Plus | 92kWh | £885 |
| Single Motor Extended Range Ultra | 92kWh | £1,007 |
| Twin Motor Ultra (AWD) | 106kWh | £1,045 |
| Twin Motor Performance Ultra (AWD) | 106kWh | £1,097 |
On a £62,000 salary, the net monthly cost runs from £885 to £1,097. Employees who want a lower monthly cost can also consider a used electric car through the same scheme, depending on the car.
Volvo EX90
The Volvo EX90 is a premium 7-seater SUV that is said to “define a new era for safety” by demonstrating current safety and sustainability technology. It was first revealed in November 2022 and is Volvo's electric flagship SUV. Its main competitors include the Mercedes EQS SUV, the BMW iX, the Audi Q8 e-tron and the Kia EV9. It has a box-like, upright silhouette. It's one of a small group of seven-seat electric SUVs on sale in the UK.
A 14.5-inch portrait touchscreen dominates the minimalist dashboard, and lidar-based driver assistance is standard. The boot holds 324 litres with all seven seats up plus 72 litres of underfloor storage, and the second and third rows are usable by adults, which suits families comparing seven-seat electric cars
How Far Will The Volvo EX90 Go On a Single Charge?
Volvo UK quotes a WLTP range of up to 351.1 miles on the Single Motor, up to 383.4 miles on the Twin Motor and up to 376.6 miles on the Twin Motor Performance, with a 10-80% charge in about 22 minutes. Real-world range is lower in cold weather: Auto Express measured about 2 miles per kWh on a recent cold, wet drive, so expect a shorter range in cold-weather driving.
Is The Volvo EX90 Reliable, And Where Is It Built?
Reports focus on software and build quality rather than the battery or motors. The recalls we could verify are market-specific: a US headlight software recall and an EU tailgate recall in October 2025, with no UK recall listed. Check any specific car's status with Volvo or the DVSA before you order. Volvo builds the EX90 at Ridgeville in South Carolina, with further production in China, and it hasn't published which plant supplies UK cars.
How Does The Volvo EX90 Compare With Its Rivals?
| Volvo EX90 compared with rivals | Price from | WLTP range | Seats | 0-62mph |
|---|---|---|---|---|
| Volvo EX90 | £73,160 | Up to 383.4 miles | 7 | 4.2-6.8 seconds |
| BMW iX | £75,405 | Up to 426 miles | 5 | 3.8-5.1 seconds |
| Kia EV9 | £66,645 | Up to 349 miles | 7 | 5.3-9.4 seconds |
| Mercedes EQS SUV | £129,170 | Up to 366 miles | 7 | 6.0 seconds |
The Kia EV9 is the cheapest of the four, while the BMW iX has the longest range but no seven-seat option. The Mercedes EQS SUV is closest to the EX90 for luxury and third-row space but costs considerably more.
How Much Does It Cost To Salary Sacrifice A Volvo EX90?
On a £62,000 salary, the net monthly cost starts from £844 for the Plus (175kW) and reaches £1,172 for the Twin Motor Performance Ultra. Employees typically save 20 to 50% compared with a personal lease, and the price includes insurance, servicing and maintenance, breakdown cover and road tax (VED). These figures change with salary and mileage, so a personalised EX90 quote is the reliable guide to your own cost.
| Volvo EX90 net monthly cost | Battery | Net monthly cost |
|---|---|---|
| Plus (175kW) | 69kWh | £844 |
| Twin Motor Core | 106kWh | £894 |
| Single Motor Plus | 92kWh | £961 |
| Twin Motor Plus | 106kWh | £1,009 |
| Twin Motor Ultra | 106kWh | £1,140 |
| Twin Motor Performance Ultra | 106kWh | £1,172 |
Frequently Asked Questions About Electric Volvos
Which Electric Volvos Can You Salary Sacrifice?
You can salary sacrifice six electric Volvos through The Electric Car Scheme: the EX30, EX40, EC40, EX60, ES90 and EX90.
How Much Does It Cost To Salary Sacrifice A Volvo?
On a £62,000 salary, the net monthly cost runs from £493 for the EX30 to £1,172 for the EX90 Twin Motor Performance Ultra.
What Is The Cheapest Electric Volvo On Salary Sacrifice?
The EX30 Single Motor Core is the cheapest, at £493 a month net on a £62,000 salary. The EX30 Long Range models start from £511.
Is Volvo Still Going Fully Electric By 2030?
No, Volvo revised its target in September 2024. It now aims for 90 to 100% electrified global sales by 2030, which counts plug-in hybrids.
Is The Volvo EX90 Reliable?
Reports centre on software and build quality rather than the battery or motors. The recalls we could verify are a US headlight software recall and an EU tailgate recall, and no UK recall is listed. Check the recall status of any specific car with Volvo or the DVSA before you order.
Final Thoughts
The Electric Car Scheme offers six electric Volvos through salary sacrifice, from the compact EX30 at £493 a month net to the seven-seat EX90 from £844, based on a £62,000 salary, 10,000 miles a year and a three-year term. Employees typically save 20 to 50% compared with a personal lease, and every package includes insurance, servicing and maintenance, breakdown cover and road tax.
Net cost depends on your salary, mileage and trim, so the clearest way to see your own figure is to build a personalised quote for the Volvo you want.
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Last updated: 19.10.26
Our pricing is based on data collected from The Electric Car Scheme quote tool. All final pricing is inclusive of VAT. All prices above are based on the following lease terms; 10,000 miles pa, 36 months, and are inclusive of Maintenance and Breakdown Cover. The Electric Car Scheme’s terms and conditions apply. All deals are subject to credit approval and availability. All deals are subject to excess mileage and damage charges. Prices are calculated based on the following tax saving assumptions; England & Wales, 40% tax rate. The above prices were calculated using a flat payment profile. The Electric Car Scheme Limited provides services for the administration of your salary sacrifice employee benefits. The Electric Car Scheme Holdings Limited is a member of the BVRLA (10608), is authorised and regulated by the FCA under FRN 968270, is an Appointed Representative of Marshall Management Services Ltd under FRN 667174, and is a credit broker and not a lender or insurance provider.
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