Volvo V60 D5 Twin Engine Plug-in Hybrid – the CHEAPER V60 Twin Engine at £37,500

The Volvo V60 D5 Twin Engine SE Nav is the new cheaper plug-in hybrid version of Volvo V60, offering 156mpg and costing from £37,500.

Last year we reviewed the Volvo V60 Plug-In Hybrid (as it was then known), and we found it to still be a very good Volvo V60 with good performance and decent economy. But we did struggle a bit with the price of over £50k and the old school 5-pot diesel.

But Volvo looked like they had a partial answer to that with the Volvo V60 D5 Twin Engine which turned up at the Geneva Motor Show last year, offering a less powerful answer to the car we tested (which is now the V60 D6 Twin Engine), and now it’s on sale in the UK.

The V60 D6 Twin Engine now costs £45,000, but the new D5 Twin Engine a more reasonable £37,500, which once you’ve got the (reduced) grant means you’re actually coughing up £35,000.

Sadly, the nw D5 Twin Engine, just like the D6 TE, makes use of Volvo’s old 5-cylinder diesel engine to drive the front wheels, delivering 161bhp to the front wheels and a further 67bhp to the back wheels through an electric motor.

It makes for a V60 that delivers 228bhp when you throw everything at it, will probably give you better than 40mpg in the real world and manage to hustle more convincingly than other V60s (Polestar excepted) despite its extra weight.

But the truth is that the V60 D5 Twin Engine is aimed at business users, where its plug-in hybrid powertrain means 100% first year write down if you want it and a BIK rate of just 7% based on £35k.

There really is nothing else out there quite as appealing in the sector as a company car, despite its ‘Old’ Volvo diesel engine.