The simple choice
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 DO THE PLANS 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).

For your convenience
Just like the Volvo Purchase Plan, with the added benefit of allowing you to defer part of the cost of your Volvo 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 DO THE PLANS WORK?

Flexible Finance Plan
• Choose from a range of deposits.
• You then choose your repayment period (up to 4 years) to suit your buying needs.
• Volvo 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).

Pick and choose
The same as the Volvo Flexible Purchase Plan 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 Volvo.

Plan benefits:
• Reduced instalments compared to regular finance plans due to optional final payment
• Ideal if you plan to change cars every 2-3 years


HOW DO THE PLANS WORK?

Flexible Finance Plan
• Choose from a range of deposits
• You then choose your repayment period (up to 3 years) to suit your buying needs.
• A Guaranteed Minimum Future Value (GMFV) is set by Volvo taking into consideration the age and mileage of the car. This value is used to set the optional final payment.

You can part-exchange the vehicle and pay the Guaranteed Minimum Future Value, using any money over this amount as deposit towards a new vehicle. Alternatively the vehicle can be sold privately and you can keep the profit over the Guaranteed Minimum Future Value which must be paid to Volvo Car Finance. You gain the benefit of any value in excess of the Guaranteed Minimum Future Value.

Option 1 - Part Exchange

·          At any stage during your agreement you can talk to your dealer about settling your account and using any equity in your car towards a new Volvo

·          Or you can sell the vehicle privately having settled your account and keep any excess value above the GMFV/Optional Final Payment to use as a deposit on your new Volvo.

 

Option 2 - Retain ownership

·          At the end of the agreement you can pay the GMFV/Optional Final Payment and retain ownership of the vehicle.
 

Option 3 - Return the car to Volvo

·         Provided the vehicle is in a decent condition (please refer to your guide to fair wear and tear) and within your agreed mileage, you can return the vehicle to Volvo with nothing more to pay.  If you have exceeded the agreed mileage, an excess mileage charge will be due.

Flexible
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 DO THE PLANS WORK?

Volvo 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/European travel assistance
 

Volvo Car Personal Contract Hire Driver Direct

When you choose one of our optional service, maintenance and repair packages you get access to Volvo Car Driver Direct.  Unique to Volvo Car Personal Contract Hire from Business Partner, Driver Direct 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 Vehicle Leasing Limited, trading as Volvo Business Partner, Heathside Park, Heathside Park Road, Stockport SK3 0RB. For the purposes of the Data Protection Act 1998 the data controller in relation to any information you supply is Lex Vehicle Leasing Limited, trading as Volvo Business Partner, Heathside Park, Heathside Park Road, Stockport SK3 0RB. Registered Office: Charterhall House, Charterhall Drive, Chester CH88 3AN. Registered in England No. 2952868. Part of the HBOS Group. Authorised and regulated by the Financial Services Authority. Finance subject to status. Guarantees and indemnities may be required.