Costco Offers Rare Discount on One Iconic Car Brand's EVs

Costco might be the greatest place to get an electric vehicle if you're ready to give up your gas guzzler for good.

The store is offering a special discount of $2,500 on the Volvo XC40 Recharge or C40 Recharge to its members for a limited time.

Other non-electric Volvo models, such as SUVs/crossovers, sedans, and wagons, are also eligible for the $1,000 discount. This offer is valid through July 31.

Both of these all-electric models can travel up to 220 miles on a single charge and produce 400 horsepower.

Other Volvo models featured in the sale are also available as plug-in or mild hybrid options.

Moreover, the EV tax credit provides Americans with between $2,500 and $7,500 in tax incentives for purchasing an EV.

The Inflation Reduction Act of 2022 extended the electric vehicle tax credit until 2032, allowing more people to benefit from it.

The base price of an XC40 Recharge is $53,550. 

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