Volvo EV Salary Sacrifice

By John Ellmore

Volvo continues to expand its EV portfolio with a large range of models available for salary sacrifice. The table below on Volvo EVs highlights key features of these vehicles, including specifications, lease prices, and the cost savings of taking them through a salary sacrifice scheme.

Check Volvo Scheme Eligibility

Get A Free Salary Sacrifice Quote
  • Our Best Salary Sacrifice Scheme 2026
  • The whole package: charger, tariff, maintenance, insurance
  • Exclusive EV Home Energy Tariff

Volvo Salary Sacrifice EVs

Volvo EX30 Single Motor ER Salary Sacrifice

The Volvo EX30 Single Motor ER is available since June 2023. It features a 64 kWh useable battery offering a range of 225 miles, which translates to a cost efficiency of £171 per mile. This model can accelerate from 0 to 62 mph in 5.3 seconds, reaching a top speed of 112 mph. It has an efficiency of 284 Wh/mi and can rapid charge at 370 mph. Leasing starts at £480 per month.

CHECK ELIGIBILITY >

Volvo EX30 Twin Motor Performance Salary Sacrifice

Available since June 2023, the Volvo EX30 Twin Motor Performance comes with a 64 kWh useable battery and offers a range of 210 miles at £195 per mile. It can go from 0 to 62 mph in 3.6 seconds and has a top speed of 112 mph. The vehicle’s efficiency stands at 305 Wh/mi with a rapid charge speed of 350 mph. Leasing is available from £481 per month.

CHECK ELIGIBILITY >

Volvo EX30 Single Motor Salary Sacrifice

The Volvo EX30 Single Motor, available since June 2023, features a 49 kWh useable battery. It offers a range of 170 miles at £199 per mile, with a 0-62 mph acceleration time of 5.7 seconds and a top speed of 112 mph. Its efficiency is 288 Wh/mi, and it can rapid charge at 260 mph. Leasing starts at £440 per month.

CHECK ELIGIBILITY >

Volvo EX40 Single Motor ER Salary Sacrifice

Since April 2024, the Volvo EX40 Single Motor ER has been available. It features a 79 kWh useable battery with a range of 245 miles at £195 per mile. This model accelerates from 0 to 62 mph in 7.3 seconds, reaches a top speed of 112 mph, and has an efficiency of 322 Wh/mi. The rapid charge speed is 360 mph, with leasing from £609 per month.

CHECK ELIGIBILITY >

Volvo EC40 Twin Motor Salary Sacrifice

The Volvo EC40 Twin Motor, available since April 2024, comes with a 79 kWh useable battery and offers a range of 250 miles at £231 per mile. It can accelerate from 0 to 62 mph in 4.8 seconds and has a top speed of 112 mph. The vehicle’s efficiency is 316 Wh/mi, with a rapid charge speed of 370 mph. Leasing is available from £669 per month.

CHECK ELIGIBILITY >

Volvo EX40 Twin Motor Salary Sacrifice

Available since April 2024, the Volvo EX40 Twin Motor features a 79 kWh useable battery with a range of 235 miles at £246 per mile. It accelerates from 0 to 62 mph in 4.8 seconds and has a top speed of 112 mph. The vehicle’s efficiency stands at 336 Wh/mi, with a rapid charge speed of 350 mph. Leasing starts at £644 per month.

CHECK ELIGIBILITY >

Volvo EX40 Single Motor Salary Sacrifice

The Volvo EX40 Single Motor, available since April 2024, features a 67 kWh useable battery. It offers a range of 215 miles at £214 per mile, with a 0-62 mph acceleration time of 7.3 seconds and a top speed of 112 mph. Its efficiency is 312 Wh/mi, and it can rapid charge at 330 mph. Leasing starts at £584 per month.

CHECK ELIGIBILITY >

Volvo EX90 Twin Motor Salary Sacrifice

Since December 2022, the Volvo EX90 Twin Motor has been available. It features a 107 kWh useable battery with a range of 290 miles at £332 per mile. This model accelerates from 0 to 62 mph in 5.9 seconds, reaches a top speed of 112 mph, and has an efficiency of 369 Wh/mi. The rapid charge speed is 380 mph, with leasing from £1,303 per month.

CHECK ELIGIBILITY >

Volvo EX90 Twin Motor Performance Salary Sacrifice

Available since December 2022, the Volvo EX90 Twin Motor Performance comes with a 107 kWh useable battery and offers a range of 280 miles at £359 per mile. It can accelerate from 0 to 62 mph in 4.9 seconds and has a top speed of 112 mph. The vehicle’s efficiency is 382 Wh/mi, with a rapid charge speed of 360 mph. Leasing is available from £1,358 per month.

CHECK ELIGIBILITY >

Volvo EC40 Single Motor ER Salary Sacrifice

The Volvo EC40 Single Motor ER, available since April 2024, features a 79 kWh useable battery with a range of 260 miles at £209 per mile. It accelerates from 0 to 62 mph in 7.3 seconds and has a top speed of 112 mph. The vehicle’s efficiency stands at 304 Wh/mi, with a rapid charge speed of 390 mph. Leasing starts at £606 per month.

CHECK ELIGIBILITY >

Volvo EC40 Single Motor Salary Sacrifice

Available since April 2024, the Volvo EC40 Single Motor features a 67 kWh useable battery with a range of 220 miles at £239 per mile. It accelerates from 0 to 62 mph in 7.3 seconds and has a top speed of 112 mph. The vehicle’s efficiency stands at 305 Wh/mi, with a rapid charge speed of 340 mph. Leasing starts at £559 per month.

CHECK ELIGIBILITY >

Volvo EV Salary Sacrifice Calculations

ModelBattery (kWh)Price (£)Lease (BCH) from (£/pcm)Efficiency (Wh/mi)Range (mi)Rapidcharge (mph)Tax Savings Basic Rate (£)Effective Cost Basic Rate (£)Tax Savings Higher Rate (£)Effective Cost Higher Rate (£)
Volvo EX30 Single Motor ER643854548028422537096384192288
Volvo EX30 Twin Motor Performance644099548130521035096.2384.8192.4288.6
Volvo EX30 Single Motor493379544028817026088352176264
Volvo EX40 Single Motor ER7947705609322245360121.8487.2243.6365.4
Volvo EC40 Twin Motor7957805669316250370133.8535.2267.6401.4
Volvo EX40 Twin Motor7957805644336235350128.8515.2257.6386.4
Volvo EX40 Single Motor6745955584312215330116.8467.2233.6350.4
Volvo EX90 Twin Motor107962551303369290380260.61042.4521.2781.8
Volvo EX90 Twin Motor Performance1071005551358382280360271.61086.4543.2814.8
Volvo EC40 Single Motor ER7954305606304260390121.2484.8242.4363.6
Volvo EC40 Single Motor6752555559305220340111.8447.2223.6335.4

Lease prices for Volvo EVs vary based on model and specifications, with monthly costs starting at £440 for the EX30 Single Motor and reaching up to £1,358 for the EX90 Twin Motor Performance. These prices reflect the broad range of options Volvo offers, from more affordable city cars to high-end performance models.

Salary Sacrifice Scheme: Tax Savings

A significant advantage of acquiring a Volvo EV through a salary sacrifice scheme is the potential tax savings. This scheme allows employees to lease a vehicle using pre-tax income. The table includes detailed calculations for both basic rate (20%) and higher rate (40%) taxpayers, showcasing the tax advantages of this scheme.

Basic Rate Taxpayer (20%)
For a basic rate taxpayer, the salary sacrifice scheme can reduce the taxable income, resulting in a 20% tax saving on the sacrificed amount. For example, leasing the Volvo EX30 Single Motor ER at £480 per month would effectively cost the employee less due to the tax savings, making EVs more accessible.

Higher Rate Taxpayer (40%)
The savings are even more substantial for higher rate taxpayers. A 40% reduction in taxable income means that leasing the same Volvo EX30 Single Motor ER at £480 per month offers significant financial relief. This makes even the high-end models like the EX90 Twin Motor Performance (£1,358 per month) more affordable.

Similar EV Salary Sacrifice Cars to Volvo

Audi
BMW
Genesis
Jaguar
Lexus
Maserati
Mercedes-Benz
Porsche
Rolls-Royce
Tesla
Lotus

Further Resources

Salary Sacrifice for Beginners
Advice Hub
Leading Salary Sacrifice Schemes

Important information about our salary sacrifice calculations

Please note that the actual lease costs may vary based on your individual circumstances, including your location, and the specific provider you choose. The lease costs presented in this table are calculated based on an average of three leading providers and are intended to give a general indication of potential costs. Actual costs may be higher or lower depending on the terms and conditions of the lease agreement.

The salary sacrifice tax savings shown are estimates and are intended to provide a general idea of potential savings. These savings can vary significantly depending on your personal tax situation, including your tax rate, other benefits, and overall compensation package. It is recommended to consult with a financial advisor or tax professional to understand how salary sacrifice will impact your specific financial situation.

Additionally, the specifications and features of the vehicles listed are based on the latest available information and are subject to change by the manufacturer. For the most accurate and up-to-date details, please refer to the manufacturer’s official website or contact your chosen provider directly.

The information provided in this table is for informational purposes only and should not be considered as financial or legal advice.