Volvo Finance Offer
As budgets tighten, the exchange rate continues to squeeze us with its deathly grip, and the rand leaches all value out of European imports, there’s never been a better time for a manufacturer to offer salvation; provide some form of guarantee that when the time comes to settle up and sell, you’re not going to be facing a nasty loss of hard-earned ZAR. That’s exactly why Volvo recently announced two new finance products that’ll enhance the appeal of buying a Volvo in SA, and not leave you wringing your hands in quandary. Gone are the days of Volvos with ‘poor resale value’, and the company has proved on more than one occasion that Volvo resale value in South Africa is on par, if not better, than competing brands…
Bolstering these claims, the first of the two products is called Volvo Versatility Finance. Available exclusively through Volvo Car Financial Services, it guarantees the future value (GFV) on any new Volvo and makes it easier for owners to put themselves behind the wheel of a new Volvo – or ‘always drive new’ in the company’s parlance. It’s a guaranteed buyback deal at a predetermined value, within a certain mileage range after three years of ownership. Best of all, if the buyer doesn’t want to part with his or her beloved car after 36 months, they also have the option to buy their existing Volvo outright with the peace of mind of its predetermined value.
Besides adding value and augmenting customer care, Volvo says the new finance product will simplify and enhance the ownership experience.
“We want to be able to present existing and potential new Volvo buyers with a simplified, more modern and more cost-effective financial option, over and above traditional finance agreements,” says Greg Maruszewski, Volvo Car South Africa Managing Director. “With Volvo Versatility Finance, it is now even more appealing to buy a new Volvo – and then have the option to change it after three years. This makes Volvo ownership an even more appealing and enjoyable experience,” adds Maruszewski.
The second of the two products, which can be combined with the finance deal or opted-for separately when purchasing a new or used Volvo, is Volvo Car Insurance. Designed to amplify the attractiveness of Volvo ownership regardless of whether the vehicle is purchased in cash, via a traditional finance agreement or with Volvo Versatility Finance (new cars only), Volvo now offers a personalised insurance scheme, underwritten by Guardrisk Insurance Company (Pty) Ltd. (FSP no. 75) and administered by Insurance Underwriting Managers (Pty) Ltd. (FSP no. 21820). It is available on all Volvos and offers highly-competitive comprehensive insurance premiums. As a launch offer on the XC90 and new S90 for example, fixed rates of just R999 per month, for the first 12 months, are simply unbeatable.
As Maruszewski notes: ”The additional benefit of highly attractive insurance premiums on all our models further emphasises our commitment to the consumer and the fact that we want to attract more buyers to our brand by offering even more value in their purchase, to supplement already-high levels of standard equipment.”
Not only will getting into a new Volvo immediately lower your pulse rate and blood pressure, but you can forget about the tanking rand and grim economic outlook. Because Volvo now not only offers a wonderfully complete luxury car at an attractive price with incredible value for money, but it now makes enormous financial sense in the long run, too.
