Volvo is is among many manufacturers to report an increased take-up in personal leasing. This is an important trend during 2011 and shows that people like the idea of having a new car every 2, 3 or 4 years with a fixed cost. If you include a maintenance package the cost of routine servicing can also be covered.
The attraction of fixed cost motoring and a set date to hand the car back has increased even as the economy remained sluggish elsewhere. With Inflation also on the rise the idea of securing your car payment(and minimising repair costs) for the foreseeable future is also attractive.
We commissioned a record number of Personal Volvo contracts in the last quarter of 2011. In October Personal Contract Hire accounted for around 30% of total Registrations for the company. The V60, S60 and XC60 were the most popular choices with the V60 D3 R Design top. There are some exciting 18 month car leasing contracts available on some Volvo product at the moment.