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frontpageDC13 posted Jun 8, 2023 12:57 AM

2024 Volvo EX30 Electric SUV (Releases Q1-Q2 2024)

from $34950

$34,950

(Reserve for $500)at Volvo
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Get Deal at Volvo
Deal Details
Volvo will offer 2024 Volvo EX30 Electric SUV starting at $34950 planned for release in the first half of 2024. Reservations are open now for $500 (fully refundable).

Thanks to community member DC13 for finding this deal.

Highlighted Features:
  • 275 Miles of range
  • Seats 5
  • Single-motor or Dual motor
  • 0-60 MPH in as low as 3.4 Seconds
  • DC Fast charging speeds: 10-80% in 26.5 minutes
  • Standard with all driver-assist systems (best in the industry)
  • Battery Capacity: 69 kWh
  • Parking sensors standard

Editor's Notes

Written by RevOne | Staff
  • About this deal:
    • Refer to the forum thread for additional details and community discussion.

Original Post

Written by DC13
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Volvo will offer 2024 Volvo EX30 Electric SUV starting at $34950 planned for release in the first half of 2024. Reservations are open now for $500 (fully refundable).

Thanks to community member DC13 for finding this deal.

Highlighted Features:
  • 275 Miles of range
  • Seats 5
  • Single-motor or Dual motor
  • 0-60 MPH in as low as 3.4 Seconds
  • DC Fast charging speeds: 10-80% in 26.5 minutes
  • Standard with all driver-assist systems (best in the industry)
  • Battery Capacity: 69 kWh
  • Parking sensors standard

Editor's Notes

Written by RevOne | Staff
  • About this deal:
    • Refer to the forum thread for additional details and community discussion.

Original Post

Written by DC13

Community Voting

Deal Score
+195
Good Deal
Get Deal at Volvo

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Original Poster
Jun 8, 2023 5:11 AM
450 Comments
Joined Mar 2012
DC13
Original Poster
Jun 8, 2023 5:11 AM
450 Comments
Quote from deal_hunter_365 :
> but will qualify for 7500 lease credit
Does anyone know if the 7500 lease credit has any income restriction or not? Thanks!
No it does not have any restrictions because the leasing company is claiming the credit and immediately giving it to the customer. Volvo and polestar have passed on the credit for all current cars and will continue to do so under current law.
2
3
Jun 8, 2023 5:16 AM
1.5K Comments
Joined Dec 2013
VincentV2528Jun 8, 2023 5:16 AM
1.5K Comments
Quote from sinzzs :
No Thank you. Tesla is better with better battery, more range and full self driving. Lfg Tesla !!!
Lol funny. I owned FSD and I never used it. Very regret buying it.
1
6
Pro
Jun 8, 2023 5:16 AM
12.2K Comments
Joined Jul 2008
c2nah777
Pro
Jun 8, 2023 5:16 AM
12.2K Comments
Quote from jayravi2 :
pulled the plug, we'll see what happens. Thanks OP
The phrase you need is "pulled the trigger".

To pull the plug [cambridge.org] is the opposite.
2
Expert
This user is an Expert in Health & Beauty
Jun 8, 2023 5:22 AM
2.9K Comments
Joined Feb 2017
Dealzslickk
Expert
This user is an Expert in Health & Beauty
Jun 8, 2023 5:22 AM
2.9K Comments
Quote from DC13 :
No it does not have any restrictions because the leasing company is claiming the credit and immediately giving it to the customer. Volvo and polestar have passed on the credit for all current cars and will continue to do so under current law.
Do we need to select lease or purchase option now or will that be later?
Jun 8, 2023 5:25 AM
75 Comments
Joined Nov 2017
ditomathewJun 8, 2023 5:25 AM
75 Comments
I will wait for Fisker Pear for 30k in 2024 which will qualify for tax credit.
1
1
Jun 8, 2023 5:27 AM
66 Comments
Joined Aug 2018
SarveshwaranJun 8, 2023 5:27 AM
66 Comments
Please educate me on this.
Is it safe to assume that the total price of the car, if I wish to buy, will be 27500 ? (35000-7500)
And if I plan to lease it , will the monthly lease amount would be based on 27500 or 35000? And how much would it cost monthly to lease it?

Thanks in advance
1
Jun 8, 2023 5:31 AM
565 Comments
Joined Jun 2018
ArthurT4614Jun 8, 2023 5:31 AM
565 Comments
Quote from DC13 :
Still not too late to cancel your Model 3 order if you FOMO'd into that. This Volvo is worth the wait and wipes the floor of Tesla for less money with much better quality.
Hmm not impressed.

Just ordered another Tesla.
1
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Jun 8, 2023 5:31 AM
696 Comments
Joined Mar 2012
touchstoneJun 8, 2023 5:31 AM
696 Comments
Terrible dash. A single screen in the middle? Cheap. User interface nightmare.
1
Jun 8, 2023 5:31 AM
3K Comments
Joined Feb 2011
KensicJun 8, 2023 5:31 AM
3K Comments

Our community has rated this post as helpful. If you agree, why not thank Kensic

same size as the Kia Niro. and look the same too
1
1
Jun 8, 2023 5:31 AM
1.6K Comments
Joined Aug 2006
brackisJun 8, 2023 5:31 AM
1.6K Comments
Quote from ditomathew :
I will wait for Fisker Pear for 30k in 2024 which will qualify for tax credit.
Fisker seems sketchy af IMO. Wouldn't rely on them.

also lol @ this Knightshade guy yet again spending his day devoted to Tesla crusading. Truly impressive. I hope they give him health insurance.
1
Jun 8, 2023 5:32 AM
14 Comments
Joined Oct 2011
tooty5Jun 8, 2023 5:32 AM
14 Comments
Quote from Sarveshwaran :
Please educate me on this.
Is it safe to assume that the total price of the car, if I wish to buy, will be 27500 ? (35000-7500)
And if I plan to lease it , will the monthly lease amount would be based on 27500 or 35000? And how much would it cost monthly to lease it?

Thanks in advance
Wondering the same thing.
Jun 8, 2023 5:45 AM
463 Comments
Joined Nov 2004
Return0fTheKingJun 8, 2023 5:45 AM
463 Comments

Our community has rated this post as helpful. If you agree, why not thank Return0fTheKing

Volvo couldn't make a reliable gas car. No trusting em with an electric
1
1
7
Jun 8, 2023 5:50 AM
124 Comments
Joined Feb 2018
jason125Jun 8, 2023 5:50 AM
124 Comments
It's even smaller than XC40. This is more like a compact car. Hard pass for me
2
Jun 8, 2023 6:05 AM
2.6K Comments
Joined Apr 2008
cheapodealJun 8, 2023 6:05 AM
2.6K Comments
The only benefit of this car is it might bring down Tesla prices
1
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Jun 8, 2023 6:06 AM
1.3K Comments
Joined Jun 2007
threeclawsJun 8, 2023 6:06 AM
1.3K Comments
Quote from Sarveshwaran :
Please educate me on this.
Is it safe to assume that the total price of the car, if I wish to buy, will be 27500 ? (35000-7500)
And if I plan to lease it , will the monthly lease amount would be based on 27500 or 35000? And how much would it cost monthly to lease it?

Thanks in advance
AFAIK

Assuming you could buy it today, a dealer via their lease program can reduce the price of the vehicle by $7500 but it's going to be up to the dealer/brand on how they deal with that with some reportedly not passing on the full $7500 (I've seen claims volvo does a dollar for dollar passthrough.)

The only thing I'm not clear on is if the dealer takes on the tax liability question in whole for leases or if you still need to qualify for it, as I understand it the income limits go away on leases which makes me think the dealer is taking it on.

That being said for a purchase starting in '24, and assuming you have the tax liability, and assuming the car is assembled in the US...you can give the credit to the dealer for an immediate $7500 reduction in vehicle cost. The dealer will then pass your information onto the IRS and if come tax time you didn't meet the requirements they will of course come for you. Just something to think about if you are already considering waiting for ~12mos to buy an ev.
1

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