BMW iX3 vs Volvo EX60: cost to own

Verdict, over 6 years

The BMW iX3 costs about $2,788 less

That's $39 a month. Closest matching trims: same fuel and drive where possible.
iX3 50 xDrive✓ $1,833/moTrue cost
EX60 Plus P10 AWD Electric$1,872/moTrue cost
2027 BMW iX3
2027 BMW iX3
Closest matching trim: iX3 50 xDrive
Sticker (MSRP)$75,900
+$14,043→↓Freight, fees, HST
Drive away$89,943
+ running costs→↓− $26,245 resale
True cost$1,833/moA month to own, after resale
2027 Volvo EX60
2027 Volvo EX60
Closest matching trim: EX60 Plus P10 AWD Electric
Sticker (MSRP)$77,500
+$14,503→↓Freight, fees, HST
Drive away$92,003
+ running costs→↓− $26,798 resale
True cost$1,872/moA month to own, after resale

Line by line

Price
Sticker (MSRP)✓ $75,900$77,500iX3 by $1,600
Freight and fees, before tax✓ $3,696$3,919iX3 by $223
Sales tax (HST)✓ $10,347$10,584iX3 by $237
Drive-away price✓ $89,943$92,003iX3 by $2,060
Running costs, 6 years
Fuel or charging$3,279$3,279—
Insurance (estimate)✓ $19,005$19,203iX3 by $198
Maintenance (estimate)✓ $9,985$10,238iX3 by $253
Loan rate6.5%6.5%—
Loan interest✓ $17,865$18,298iX3 by $433
Lost return on your money✓ $18,088$18,486iX3 by $398
Resale after 6 yrs−$26,245✓ −$26,798EX60 by $553
Total
True cost✓ $132,012$134,799iX3 by $2,787
True cost a month✓ $1,833/mo$1,872/moiX3 by $39
You pay each month✓ $1,877/mo$1,918/moiX3 by $41
Practical
Fuel typeElectricElectric—
Seats55—
Carry-ons, 2 peopleNot published5—
Towing, lb4,400✓ 4,500—
Cargo behind row 2, litresNot published634—
Range, km (winter about 70%)—531 (372)—
Length4.78 m4.80 m—
Resale % after 6 yrs35%35%—
US crash testNot rated yetNot rated yet—
Price
Sticker (MSRP)
iX3 50 xDrive ✓ $75,900EX60 Plus P10 AWD Electric $77,500Cheaper by iX3 by $1,600
Freight and fees, before tax
iX3 50 xDrive ✓ $3,696EX60 Plus P10 AWD Electric $3,919Cheaper by iX3 by $223
Sales tax (HST)
iX3 50 xDrive ✓ $10,347EX60 Plus P10 AWD Electric $10,584Cheaper by iX3 by $237
Drive-away price
iX3 50 xDrive ✓ $89,943EX60 Plus P10 AWD Electric $92,003Cheaper by iX3 by $2,060
Running costs, 6 years
Fuel or charging
iX3 50 xDrive $3,279EX60 Plus P10 AWD Electric $3,279Cheaper by —
Insurance (estimate)
iX3 50 xDrive ✓ $19,005EX60 Plus P10 AWD Electric $19,203Cheaper by iX3 by $198
Maintenance (estimate)
iX3 50 xDrive ✓ $9,985EX60 Plus P10 AWD Electric $10,238Cheaper by iX3 by $253
Loan rate
iX3 50 xDrive 6.5%EX60 Plus P10 AWD Electric 6.5%Cheaper by —
Loan interest
iX3 50 xDrive ✓ $17,865EX60 Plus P10 AWD Electric $18,298Cheaper by iX3 by $433
Lost return on your money
iX3 50 xDrive ✓ $18,088EX60 Plus P10 AWD Electric $18,486Cheaper by iX3 by $398
Resale after 6 yrs
iX3 50 xDrive −$26,245EX60 Plus P10 AWD Electric ✓ −$26,798Cheaper by EX60 by $553
Total
True cost
iX3 50 xDrive ✓ $132,012EX60 Plus P10 AWD Electric $134,799Cheaper by iX3 by $2,787
True cost a month
iX3 50 xDrive ✓ $1,833/moEX60 Plus P10 AWD Electric $1,872/moCheaper by iX3 by $39
You pay each month
iX3 50 xDrive ✓ $1,877/moEX60 Plus P10 AWD Electric $1,918/moCheaper by iX3 by $41
Practical
Fuel type
iX3 50 xDrive ElectricEX60 Plus P10 AWD Electric ElectricCheaper by —
Seats
iX3 50 xDrive 5EX60 Plus P10 AWD Electric 5Cheaper by —
Carry-ons, 2 people
iX3 50 xDrive Not publishedEX60 Plus P10 AWD Electric 5Cheaper by —
Towing, lb
iX3 50 xDrive 4,400EX60 Plus P10 AWD Electric ✓ 4,500Cheaper by —
Cargo behind row 2, litres
iX3 50 xDrive Not publishedEX60 Plus P10 AWD Electric 634Cheaper by —
Range, km (winter about 70%)
iX3 50 xDrive —EX60 Plus P10 AWD Electric 531 (372)Cheaper by —
Length
iX3 50 xDrive 4.78 mEX60 Plus P10 AWD Electric 4.80 mCheaper by —
Resale % after 6 yrs
iX3 50 xDrive 35%EX60 Plus P10 AWD Electric 35%Cheaper by —
US crash test
iX3 50 xDrive Not rated yetEX60 Plus P10 AWD Electric Not rated yetCheaper by —

✓ marks the better figure. Resale for both is typical for their type and brand (unless you lease). Their stickers differ by $1,600.