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  • NEW VOLVO MODELS DO THE BUSINESS FOR COMPANY CAR DRIVERS

    13/08/2012

    NEW VOLVO MODELS DO THE BUSINESS FOR COMPANY CAR DRIVERS

    • Volvo S60, V60 and V70 Business Editions include satellite navigation, Bluetooth, High-Performance audio and rear park assist as standard
    • Up to £3,000 price reduction will lead to lower Benefit-in-Kind tax bills for drivers
    • High residual values expected on all Business models

    Volvo Car UK announces the launch of Business Edition models in the S60, V60 and V70 line-ups with features aimed specifically at the business driver.

     

    With a higher level of specification than the outgoing ES and ES Nav variants, which the Business Editions replace, the models have been designed to make choosing the best company car as straightforward as possible. Fitted with all the features business users demand, the Business Editions also boast a reduced price tag of as much as £3,000 compared to the ES which will automatically reduce a driver's annual Benefit-in-Kind tax liability.

     

    In addition to the ES specification, the new Business Edition variant adds company car must-haves:

    • Integrated satellite navigation system
    • High performance multimedia audio system
    • Bluetooth
    • Rear park assist

    Available to order from 13th August, Volvo developed the Business Editions following extensive feedback from its dealer network, corporate sales clients and residual value setters.

     

    Volvo's Business Edition variants have been designed to appeal directly to business drivers by combining the right features and equipment, with the Benefit in Kind (BIK) benefits of low CO2 emissions and fuel consumption. Delivering a higher specification on the models compared to competitors was also very much a part of the objective in creating the Business Editions

     

    The S60 Business Edition on-the-road price starts from £19,995 for the T3 version and from £21,195 for the comparative model in the V60 line-up; both represent a significant £3,000 reduction compared to the outgoing ES versions. The V70 D2 Powershift Business Edition starts from £24,995 on-the-road, representing a £2,925 reduction on the ES model.

     

    Volvo National Corporate Operations Manager Selwyn Cooper comments: "The business community is vitally important to us at Volvo, particularly as we have seen an increase of nearly a third (32 per cent) of business users funding a Volvo through our contract hire and leasing facilities in the first six months of this year. In order to better represent their needs, we are launching our new Business Editions in the S60, V60 and V70 line-up to make it easier for company car drivers to identify the right model for them. The Business Editions replace our ES and ES Nav versions but add more equipment for a lower price tag which will be even more appealing to motorists who are continually looking at ways to reduce costs without compromising luxury and comfort."

     

    Residual value setters CAP and KeeResources have received the new models positively and Volvo expects to see a higher residual value compared to the outgoing ES model which will be reflected strongly in the monthly rentals. 

     

    Volvo's newly launched comparison tool, available at www.volvocars.co.uk/compare, will be updated shortly to allow users to compare these increased value-for-money specification levels.  An example of the increased Volvo offering, the S60 Business Edition and competitor details are as follows:-

     

     

    Model

    Eng

    PS

    CO2

    P11D

    BIK 2012/2013

    20% TAXPAYER

    40% TAXPAYER

    MPG

    Volvo S60 D2 Bus Ed

    1.6

    115

    114

    £20,690

    16%

    £55.17

    £110.35

    65.7

    BMW 316d Saloon ES

    2.0

    116

    119

    £24,825

    17%

    £70.34

    £140.68

    62.8

    Volvo S60 D3 Bus Ed

    2.0

    136

    114

    £21,340

    16%

    £56.91

    £113.81

    65.7

    BMW 318d SE

    2.0

    140

    119

    £26,926

    17%

    £76.29

    £152.58

    62.8

    Audi A5 Sportback 2.0TDIe SE

    2.0

    136

    117

    £29,335

    17%

    £83.12

    £166.23

    64.2

    Audi A4 Saloon 2.0TDie SE

    2.0

    136

    112

    £26,500

    16%

    £70.67

    £141.33

    65.7

    Volvo S60 D4 Bus Ed

    2.0

    163

    114

    £22,340

    16%

    £59.57

    £119.15

    65.7

    Audi A4 Saloon 2.0TDie SE

    2.0

    163

    115

    £27,520

    17%

    £77.97

    £155.95

    64.2

    BMW 320d Saloon ED

    2.0

    163

    109

    £28,025

    15%

    £70.06

    £140.13

    68.9

    Audi A4 Saloon 2.0TDi 177

    2.0

    177

    120

    £27,520

    18%

    £82.56

    £165.12

    61.4

    Audi A5 2.0 Tdi 177

    2.0

    177

    120

    £28,720

    18%

    £86.16

    £172.32

    6.14

    Vauxhall Insignia 5dr 2.0 CDTi ecoFLEX SE

    2.0

    160

    129

    £24,675

    19%

    £78.14

    £156.28

    57.6

    Volvo S60 T3 Bus Ed

    1.6

    150

    135

    £19,820

    18%

    £59.46

    £118.92

    48.7

    Audi A4 Saloon 1.8T FSI SE

    1.8

    151

    151

    £23,405

    21%

    £81.92

    £163.84

    43.5

    BMW 3 series 320i SE

    2.0

    147

    147

    £25,675

    20%

    £85.58

    £171.17

    44.8

    Merc C180 Blue Eff SE

    1.8

    157

    157

    £25,305

    22%

    £92.79

    £185.57

    42.2

     

    Volvo Car UK announces the launch of Business Edition models in the S60, V60 and V70 line-ups with features aimed specifically at the business driver.
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