What should I be paying?
As hilariously fast as the C40 Recharge Twin is, its biggest stumbling block is that price tag: £58,900 in top-spec Ultimate trim, and still £55,550 if you come a step down to the mid-range Plus spec.
So let’s start where most buyers will gravitate to: the single-motor Recharge model. Here prices kick off at £44,800 for the most basic Core trim, which includes auto LED headlights, heated and powered door mirrors, rain sensing wipers, rear parking assistance, 19in alloy wheels, two-zone climate control, a 12.3in driver display, a nine-inch central touchscreen, wireless phone charging, four USB charging sockets, DAB radio, Bluetooth, a panoramic sunroof and oodles of active safety kit. Chuck a grenade at a C40 and there’s probably software programmed to lob it back. Maybe.
Step up to Plus and you’re looking at £50,550, adding keyless entry, front parking assistance, a rear parking camera, a heat pump (for better cabin heater and charging efficiency), heated steering wheel, heated front and rear seats and a hands free tailgate. Ultimate costs from £53,900, introducing smart LED headlights, those 20in wheels, a premium Harman Kardon sound system, a 360-degree camera and much else besides.
That means the bigger battery and AWD comes at a £5k premium spec-for-spec. For what is ostensibly a sensible crossover, it feels a little overpowered and thus fairly expensive. Especially given it’s about ten grand more than an XC40 Recharge. At least the BIK rate is just one per cent (rising to two per cent for 2022/23).
Not buying outright? Volvo’s own ‘Care’ package starts at £629 per month for the entry-level Core model on a three-year term, or £759 for the Recharge Twin Ultimate. So this ain't a cheap car whichever way you cut it.
For reference, the most sensible XC40 Recharge starts at around £679 per month with the same twin-motor setup but a slimmer spec list. Play that game to its end and a base petrol XC40 is £539 – showing the plucky confidence of Volvo's decision to make the C40 electric-only.
Stick to buying direct from Volvo and it can all naturally be done online.