Finance & Insurance

Hire Purchase

This traditional scheme allows you to buy your car by paying, after the initial deposit, in simple, equal amounts at a fixed rate.

Plan benefits:

• Suitable for non-VAT registered customers
• Regular fixed instalments
• At the end of the agreement, you own the car

HOW DOES THE PLAN WORK?

Traditional Finance Plan

• Choose from a range of deposits.
• You then choose your repayment period (up to 5 years) to suit your buying needs.
• And at the end of the agreement the car is yours (you may settle the agreement at any time

Lease Purchase (Low Payment)

Just like Hire Purchase, with the added benefit of allowing you to defer part of the cost of your car until the end of the agreement. This allows you to tailor the instalments to suit your budget.

Plan benefits:

• Suitable for non-VAT registered customers
• Added flexibility by allowing you to tailor your instalments
• At the end of the agreement, after paying the lump sum, you own the car

HOW DOES THE PLAN WORK?

Lease Purchase

• Choose from a range of deposits.
• You then choose your repayment period (up to 4 years) to suit your buying needs.
• The finance company then agree a final payment – taking into consideration the age, mileage and use of the car.

At the end of the agreement you pay the final payment before taking ownership of the car (you may settle the agreement at any time).

Personal Contract Purchase (PCP)

The same as Hire Purchase with the added advantage that the final payment (guaranteed to be the minimum worth of the car) is optional – if you don’t wish to pay you can part exchange or return the car to the finance company.

Plan benefits:

• Reduced instalments compared to regular finance plans due to optional final payment

HOW DOES THE PLAN WORK?

PCP

• Choose from a range of deposits
• You then choose your repayment period (up to 48 months) to suit your buying needs.
• A Guaranteed Minimum Future Value (GMFV) is set by the finance company taking into consideration the age and mileage of the car. This value is used to set the optional final payment.

Volvo Car Personal Contract Hire

Volvo Car Personal Contract Hire enables you to fix the cost of your motoring over 2 to 4 years

Plan benefits:

• Low initial outlay and fixed monthly rentals for easy budgeting
• Optional service, maintenance and repair cover reduces your cost of motoring, and provides peace of mind
• Flexibility to change your contract term or mileage should your needs change

HOW DOES THE PLAN WORK?

Volvo Car Personal Contract Hire

• Choose the hire period that is right for you (2-3 years)
• Choose the annual mileage that’s right for your purpose
• Choose the right service, maintenance and repair package for you
• Your fixed monthly rental is calculated based on your choices
• At the end of the agreement, with all criteria met, we will arrange collection of your Volvo
• Choose the next Volvo you want and start anew

WHATS INCLUDED?

• Road fund licence included for the duration of the contract
• Contract amendment to term and mileage to meet you needs

• Optional Services:
• Fixed price maintenance, which includes:
  • Routine servicing
  • Maintenance
  • Tyres
  • Batteries
  • Exhausts
  • Breakdown cover

Volvo Car Personal Contract Hire Vehicle Service Management

When you choose one of our optional service, maintenance and repair packages you get access to Volvo Vehicle Service Management.  Unique to Volvo Car Personal Contract Hire from Volvo Car Leasing, Vehicle Service Management offers a quick and easy solution to servicing and repairs.

• You simply make a direct call or book online to arrange a service, repair or MOT
• The vehicle can be collected by a participating dealer, serviced, cleaned and returned the same day
• Free courtesy car (subject to availability)
• No inconvenience to you
• A worry free motoring solution

Volvo Car Personal Contract Hire is provided by Lex Autolease Ltd, trading as Volvo Car Leasing, incorporated and registered in England with company number 1090741 & registered office at 25 Gresham Street, London EC2V 7HN. For the purposes of the Data Protection Act 1998 the data controller in relation to any information you supply is Lex Autolease Ltd, trading as Volvo Car Leasing, incorporated and registered in England with company number 1090741 & registered office at 25 Gresham Street, London EC2V 7HN. Part of the HBOS Group. Authorised and regulated by the Financial Services Authority. Finance subject to status. Guarantees and indemnities may be required.

Finance categories

• Contract Hire
• 7 Day Cover
• Volvo Owner Insurance
• GAP Insurance
• Finance Offers