BMW iX4 vs Volvo EX60: cost to own

Verdict, over 6 years

The Volvo EX60 costs about $2,773 less

That's $39 a month. Closest matching trims: same fuel and drive where possible.
iX4 50 xDrive$1,911/moTrue cost
EX60 Plus P10 AWD Electric✓ $1,872/moTrue cost
2027 BMW iX4
2027 BMW iX4
Closest matching trim: iX4 50 xDrive
Sticker (MSRP)$79,900
+$14,563→↓Freight, fees, HST
Drive away$94,463
+ running costs→↓− $27,628 resale
True cost$1,911/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)$79,900✓ $77,500EX60 by $2,400
Freight and fees, before tax✓ $3,696$3,919iX4 by $223
Sales tax (HST)$10,867✓ $10,584EX60 by $283
Drive-away price$94,463✓ $92,003EX60 by $2,460
Running costs, 6 years
Fuel or charging$3,279$3,279—
Insurance (estimate)$19,532✓ $19,203EX60 by $329
Maintenance (estimate)✓ $10,059$10,238iX4 by $179
Loan rate6.5%6.5%—
Loan interest$18,816✓ $18,298EX60 by $518
Lost return on your money$18,960✓ $18,486EX60 by $474
Resale after 6 yrs✓ −$27,628−$26,798iX4 by $830
Total
True cost$137,572✓ $134,799EX60 by $2,773
True cost a month$1,911/mo✓ $1,872/moEX60 by $39
You pay each month$1,962/mo✓ $1,918/moEX60 by $44
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)
iX4 50 xDrive $79,900EX60 Plus P10 AWD Electric ✓ $77,500Cheaper by EX60 by $2,400
Freight and fees, before tax
iX4 50 xDrive ✓ $3,696EX60 Plus P10 AWD Electric $3,919Cheaper by iX4 by $223
Sales tax (HST)
iX4 50 xDrive $10,867EX60 Plus P10 AWD Electric ✓ $10,584Cheaper by EX60 by $283
Drive-away price
iX4 50 xDrive $94,463EX60 Plus P10 AWD Electric ✓ $92,003Cheaper by EX60 by $2,460
Running costs, 6 years
Fuel or charging
iX4 50 xDrive $3,279EX60 Plus P10 AWD Electric $3,279Cheaper by —
Insurance (estimate)
iX4 50 xDrive $19,532EX60 Plus P10 AWD Electric ✓ $19,203Cheaper by EX60 by $329
Maintenance (estimate)
iX4 50 xDrive ✓ $10,059EX60 Plus P10 AWD Electric $10,238Cheaper by iX4 by $179
Loan rate
iX4 50 xDrive 6.5%EX60 Plus P10 AWD Electric 6.5%Cheaper by —
Loan interest
iX4 50 xDrive $18,816EX60 Plus P10 AWD Electric ✓ $18,298Cheaper by EX60 by $518
Lost return on your money
iX4 50 xDrive $18,960EX60 Plus P10 AWD Electric ✓ $18,486Cheaper by EX60 by $474
Resale after 6 yrs
iX4 50 xDrive ✓ −$27,628EX60 Plus P10 AWD Electric −$26,798Cheaper by iX4 by $830
Total
True cost
iX4 50 xDrive $137,572EX60 Plus P10 AWD Electric ✓ $134,799Cheaper by EX60 by $2,773
True cost a month
iX4 50 xDrive $1,911/moEX60 Plus P10 AWD Electric ✓ $1,872/moCheaper by EX60 by $39
You pay each month
iX4 50 xDrive $1,962/moEX60 Plus P10 AWD Electric ✓ $1,918/moCheaper by EX60 by $44
Practical
Fuel type
iX4 50 xDrive ElectricEX60 Plus P10 AWD Electric ElectricCheaper by —
Seats
iX4 50 xDrive 5EX60 Plus P10 AWD Electric 5Cheaper by —
Carry-ons, 2 people
iX4 50 xDrive Not publishedEX60 Plus P10 AWD Electric 5Cheaper by —
Towing, lb
iX4 50 xDrive 4,400EX60 Plus P10 AWD Electric ✓ 4,500Cheaper by —
Cargo behind row 2, litres
iX4 50 xDrive Not publishedEX60 Plus P10 AWD Electric 634Cheaper by —
Range, km (winter about 70%)
iX4 50 xDrive —EX60 Plus P10 AWD Electric 531 (372)Cheaper by —
Length
iX4 50 xDrive 4.78 mEX60 Plus P10 AWD Electric 4.80 mCheaper by —
Resale % after 6 yrs
iX4 50 xDrive 35%EX60 Plus P10 AWD Electric 35%Cheaper by —
US crash test
iX4 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 $2,400.