Care by Volvo is the brand’s new premium subscription service. It aims to make customers’ lives easier by taking out the hassle of car ownership and offering a number of other bonuses at the same time. It’s a bit like a mobile phone contract where most of your costs are bundled into one figure. It’s initially being offered on the new Volvo XC40 SUV but will be rolled out to the rest of the range soon.
For a monthly fee, Volvo will provide you with a brand new car, take care of your insurance, service fees, repairs and any taxes, and you won’t have to pay a deposit on the car, either. Volvo will pick up and return the car when it’s time for a service and could, in the future, deliver parcels and even fuel to the vehicle while it’s parked.
Care by Volvo also allows customers to borrow a different Volvo model for a set period of time so, if you’re planning a weekend away in the countryside and need to take the kitchen sink, you can borrow a larger car for a short time.
Initially it’s only available on some versions of the XC40 small SUV, but will soon be offered on other vehicles in the Volvo range. Customers within the M25 will be the first to be offered this service before it makes its way to the rest of the country. The cost of this premium subscription will be standardised within the UK so every customer pays the same rate regardless of their age or location.
You get an awful lot covered in the price including insurance, servicing, tax and your deposit – which goes some way to explaining the rather high £629 monthly cost for a decently specced XC40. That means, over a two-year contract, the Care by Volvo package costs around £15,000. At the end of the agreement, you can walk away or get another new car and continue your monthly payments without paying a deposit.
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