EVCostIQ

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Skoda Enyaq 60 or Volvo XC40 B3 Core (mild-hybrid petrol) — which is cheapest to own?

By the EVCostIQ analysis team · checked against our open methodology · every source on this page is dated.

As of 1 July 2026: over 5 years in Sweden (12,430 km/year), the Volvo XC40 B3 Core (mild-hybrid petrol) remains the cheapest to own — about 410 671 kr versus 511 097 kr for the Skoda Enyaq 60, a gap of 100 426 kr.

Klimatbonus (Sweden's EV purchase grant): the state purchase grant for new electric cars — previously up to 70 000 kr — no longer exists. The klimatbonus was abolished on 8 November 2022 and does not apply to cars ordered after that date. There is therefore no state purchase grant to count on when buying a new electric car in Sweden today. If you still see claims that the klimatbonus is available, they are no longer accurate. We report this separately and do not include any purchase grant in the total costs above. Source: Naturvårdsverket (the Swedish Environmental Protection Agency) / Transportstyrelsen (the Swedish Transport Agency), as of . Always check the current rules before you buy.

Cheaper over 5 years · SwedenVolvo XC40 B3 Core (mild-hybrid petrol) · 410 671 kr total · that's 100 426 kr less than the Skoda Enyaq 60

Skoda Enyaq 60 vs Volvo XC40 B3 Core (mild-hybrid petrol) — Where your money goes

Skoda Enyaq 60 vs Volvo XC40 B3 Core (mild-hybrid petrol) — 5-year total cost (SEK)
Cost componentElectric · Skoda Enyaq 60Hybrid · Volvo XC40 B3 Core
Depreciation (estimated)324 706 kr (64%)197 198 kr (48%)
Charging / fuel32 318 kr (6%)70 166 kr (17%)
↳ of which charging loss12% (~3 878 kr)—
Maintenance17 501 kr (3%)30 000 kr (7%)
Insurance45 000 kr (9%)33 000 kr (8%)
Financing interest91 572 kr (18%)80 307 kr (20%)
Vehicle tax & fees0 kr (0%)0 kr (0%)
Total cost of ownership511 097 kr410 671 kr

When is the EV worth it?

The electric car pays off as soon as you drive more than 24,860 km/year or keep it longer than 15 years — by then the lower running costs have eaten up the higher purchase price.

Skoda Enyaq 60 vs Volvo XC40 B3 Core (mild-hybrid petrol) — Head-to-head

Electric

Skoda Enyaq 60

5-year total cost
511 097 kr
per month
8 518 kr
kr/km
8,22 kr
Purchase price
489 900 kr
Drivetrain
Electric
Consumption
16 kWh/100km
Hybrid Cheaper over 5 years

Volvo XC40 B3 Core (mild-hybrid petrol)

5-year total cost
410 671 kr
per month
6 845 kr
kr/km
6,61 kr
Purchase price
430 000 kr
Drivetrain
Hybrid
Consumption
6,7 L/100km
Electricity price
2.20 kr/kWh Ei
Fuel price
16.85 kr/l SPBI

FAQ

Is the Skoda Enyaq 60 or the Volvo XC40 B3 Core (mild-hybrid petrol) cheaper to own over 5 years?

As of 1 July 2026: over 5 years in Sweden (12,430 km/year), the Volvo XC40 B3 Core (mild-hybrid petrol) remains the cheapest to own — about 410 671 kr versus 511 097 kr for the Skoda Enyaq 60, a gap of 100 426 kr.

When does the Skoda Enyaq 60 become cheaper than the Volvo XC40 B3 Core (mild-hybrid petrol)?

The electric car pays off as soon as you drive more than 24,860 km/year or keep it longer than 15 years — by then the lower running costs have eaten up the higher purchase price.

How much more does the Skoda Enyaq 60 cost to buy than the Volvo XC40 B3 Core (mild-hybrid petrol)?

The Skoda Enyaq 60 starts at 489 900 kr — 59 900 kr more than the Volvo XC40 B3 Core (mild-hybrid petrol) (430 000 kr). Over 5 years, the gap in total ownership cost is 100 426 kr, in favour of the Volvo XC40 B3 Core (mild-hybrid petrol).

Which costs less per km — the Skoda Enyaq 60 or the Volvo XC40 B3 Core (mild-hybrid petrol)?

The Volvo XC40 B3 Core (mild-hybrid petrol): 8,22 kr versus 6,61 kr per km, all-in (8 518 kr versus 6 845 kr per month).

Full breakdown