Not an XC90 agreed but in my experience big, old Volvos can be run economically (as distinct from 'cheaply'), as the following figures for my V70 indicate:
First registered: 17.02.2000 (Late Ph.1)
Purchased: 06.08.2016 @ 118354 miles
Price paid: £550 Mileage now 130571; 12217 miles covered
Expenditure to date:
Fuel: £2300 (18.83 ppm, 44.35%)
Repairs: £390.28 (3.18 ppm, 7.53%)
Servicing: £203.06 (1.66 ppm, 3.92%)
Fixed costs: £2292.69 (18.77 ppm, 44.20%)
Total running costs: £5186.03 (42.45 ppm, 100.00%)
Capital cost, Depreciation and opportunity cost:
If I wrote the car off today, my depreciation would be £550, or 4.50 ppm, bringing the total cost per mile in my ownership to 46.95 ppm.
If I had invested the capital at, say, 5%, it would by now have yielded something in the order of £113.22, or another 0.93 ppm.
Therefore the car has to date cost me a maximum of £5849.25 or 47.88 ppm.
If you were to double these figures to allow for the larger size and increased complexity of an XC90 over a V70, I think that would still represent (relatively) economical motoring.
Regards, John.
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