Back to News
VOLVO CAR SOUTH AFRICA ANNOUNCES TWO NEW FINANCE PRODUCTS
|Date: 23 Jan 2017
||Author Type: Press Release
|Author: Volvo Car South Africa
|Source: Volvo Car South Africa
Volvo Car South Africa (VCSA) has announced the arrival of two new finance products geared at increasing the appeal of owning a new Volvo in South Africa. The two products, which can be combined or opted-for separately when purchasing a new Volvo, have been tailor-made to suit the Volvo brand as well as Volvo consumers’ needs – both existing and new.
Volvo Versatility Finance
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 limited mileage after three years of ownership. Besides adding value and augmenting customer care, Volvo Versatility Finance also makes it easier for Volvo owners to ‘always drive new’.
They also have the option to buy their existing Volvo outright or simply return it, with peace of mind and a predetermined value enabling a sound and confident ownership cycle, outright.
“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.”
Volvo Car Insurance
Designed to amplify Volvo Versatility Finance but also to increase attractiveness of Volvo ownership regardless of whether the vehicle is purchased in cash, via a traditional finance agreement or with Volvo Versatility Finance, VCSA also announces a new Volvo-personalised insurance scheme, underwritten by Guardrisk Insurance Company (Pty) Ltd. (FSP no. 75) and administered by Insurance Underwriting Managers (Pty) Ltd. (FSP no. 21820). Available on all Volvo models, the scheme offers highly-competitive comprehensive insurance premiums.
As a launch offer, comprehensive insurance on Volvo’s 90-range for example, including the XC90 and new S90, is available at a fixed and unbeatable R999 per month, for the first 12 months.
Continues Maruszewski: “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 our cars’ already-high levels of standard equipment and extended value-adds like standard Tracker Connect and laminated glass on all models.”