Volvo Versatility Finance is the new guaranteed future value (GFV) finance product available through Volvo Car Financial Services, on any new Volvo car.
The offer, which presents best-in-class guaranteed future values across the entire Volvo range, seeks to simplify and enhance the Volvo ownership experience by guaranteeing buyback at a predetermined value and within specified mileage (see table below) after two, three or four years of ownership. Besides adding value and augmenting customer care, Volvo Versatility Finance also makes it easier for Volvo owners to ‘always drive new’.
Clients also have the option to buy their existing Volvo outright at the end of the selected term, or simply return it, with peace of mind and a predetermined value enabling a sound and confident ownership cycle.
The focus of this offer is on the word “Versatility”, allowing the customers to choose the term, – mileage limit and the required deposit to suit their desired monthly instalment.
|Expected Annual Mileage:15000km||Expected Annual Mileage:20000km||Expected Annual Mileage:25000km|
Not to be confused with traditional leasing options, the format is a normal instalment sale agreement but with an addendum to the agreement. At the end of the preferred term, there is NO transfer of ownership, unless the client opts to buy the vehicle outright.
The interest rate is determined by the individual client’s credit scoring.
The offer is available from Volvo Car Financial Services, a division of Wesbank, and subject to regular finance approval and validation.
The process is very simple, and requires only an application form and, for validation purposes, the bank requires the following:
• Identity document
• Driver’s license
• Proof of income – three latest payslips
• Proof of physical address
If you would like to find out more about Volvo Versatility Finance, please contact our Business Manager, Pieter Croukamp, on 0117004700 or firstname.lastname@example.org