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Volvo Financial Services (VFS), established in 2001, offers financial services for Volvo Group's brands. VFS' global headquarters are located in Greensboro, North Carolina, USA. A global organization serving nearly 50 markets, VFS focuses exclusively on providing financial services and solutions to the Volvo Group's internal and external customers.
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Unlike a traditional hire purchase, where the customer repays the total debt in equal monthly instalments over the term of the agreement, a PCP is structured so that the customer pays a lower monthly amount over the contract period (usually somewhere between 24 and 48 months), leaving a final balloon payment to be made at the end of the ...
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Also in 2017, Volvo announced a vehicle subscription offering called Care by Volvo, which offers the Volvo XC40 for a monthly payment that includes insurance and maintenance. Care by Volvo is offered in several European markets, such as Germany, the UK and Italy, as well as in the U.S. [46]
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related to: volvo monthly payments plan account