CAR FINANCE

Lease

Commit to driving the Volvo of your choice for a fixed contract period, then return the car to us at the end.

A digital graphic to represent finance option: Lease

Lower monthly cost

With our car lease offer, you have the option to commit for longer, bringing your monthly cost down in the process.

Tailored to your needs

Your car lease contract can be tailored to meet your personal needs, maximising the value over the duration of the contract.

No equity risk

Simply return the car at the end of your contract, with no worry about depreciation or selling the car.

How Lease works

To qualify for the Volvo Lease (Personal Contract Hire) offers, all customers must have placed an order via Lease (Personal Contract Hire). Lease figure shown for XC40 B3 Core mild hybrid and is based on 48-month term, 8,000 miles p.a. and £4,800 advance payment. Subject to availability. Terms apply.

Right now, we have lowered the monthly leasing cost on a selection of our most popular Volvo models. Just choose your car below, commit to a fixed contract period, and start driving.

To qualify for the Volvo Lease (Personal Contract Hire) offers, all customers must have placed an order via Lease (Personal Contract Hire). Lease figure £299 per month shown for XC40 B3 Core. Based on 48-month term, 8,000 miles p.a. and £4,800 advance payment. You will not own the car. Excess mileage charge is applied if you go over 8,000 miles p.a. Excess charges may apply for excessive wear and tear in accordance with BVRLA fair wear and tear guide. Subject to availability. Terms apply. Finance subject to status, 18s and over.

To qualify for the Volvo Lease (Personal Contract Hire) offers, all customers must have placed an order via Lease (Personal Contract Hire). Lease figure £299 per month shown for XC40 B3 Core. Based on 48-month term, 8,000 miles p.a. and £4,800 advance payment. You will not own the car. Excess mileage charge is applied if you go over 8,000 miles p.a. Excess charges may apply for excessive wear and tear in accordance with BVRLA fair wear and tear guide. Subject to availability. Terms apply. Finance subject to status, 18s and over.

Compare finance options

Highlights

Return at the end

24-48 months

6-40k annual mileage

Change or return

3 months notice

6-40k annual mileage

You own the car

No contract length

Unlimited mileage

Payment

Monthly payments

First month prepayment

Excess fees for wear and mileage

Early termination fees apply

Monthly payments

One month prepayment

Excess fees for wear and mileage

3 months’ termination notice

One time payment

Partial deposit

No excess fees for wear and mileage

Settlement and termination not applicable

Included services

Warranty

Roadside assistance

Home delivery

Digital services

Volvo Cars app

Driveaway insurance

Service Plan Plus

Warranty

Roadside assistance

Home delivery

Digital services

Volvo Cars app

Driveaway insurance

Car switch

Yearly inspection

Loan car

Pick up and delivery

Service Plan Plus with tyres

Warranty

Roadside assistance

Home delivery

Digital services

Volvo Cars app

Driveaway insurance

Service Plan Plus

Extended battery warranty

Applies to electric cars only

With PCP and Volvo loan you will need to pay additional Road Tax costs after year one. Volvo loan have a risk of depreciation.

The sleek and stylish exterior of the Volvo XC60 PHEV

Learn more about our car finance solutions tailored to your business needs.

Front side view of the Volvo EX30 in the colour Cloud Blue.

Our smallest ever SUV goes big on safety, sustainability and storage space.

WLTP (Preliminary): Electric Range with Single Motor Extended Range (Combined) 298.3 mi. Electric Energy Consumption (Combined) 15.7 kWh/100km. Emissions CO₂ (Combined) 0 g/km. WLTP data is obtained under specific testing conditions, actual energy consumption and range may differ.

WLTP (Preliminary): Electric Range with Single Motor Extended Range (Combined) 298.3 mi. Electric Energy Consumption (Combined) 15.7 kWh/100km. Emissions CO₂ (Combined) 0 g/km. WLTP data is obtained under specific testing conditions, actual energy consumption and range may differ.

Popular cars with Lease

Lease prices shown illustrate a 48 month fixed term, 6000 miles/year, and £5,000 advance payment.

FAQ

How do I know if Lease is right for me?

A car lease is an option if you’re keen to commit to driving a Volvo for a few years without the responsibility of ownership. You choose the term you would like – either 24, 36 or 48 months. The longer the term you select, the lower your monthly payment will be. Making an optional advance payment can further lower your monthly payment. What’s more, your car lease is tailored to match your needs, based on the car, flexible mileage and additional services. When your contract term ends, you simply return the car to us.

What are the contract lengths for Lease?

You choose the term that suits you - either 24, 36 or 48 months.

Do I need to make an advance payment?

No, we don’t demand any advance payment. You can however place an OPTIONAL advance payment if you wish to do so. The advance payment is taken off the total cost of the car lease, with the remaining amount distributed equally over monthly payments until the end of the contract.

Example: Say you select a car that is priced at £500 per month with £0 advance payment for 36 months. Your total lease price for 36 months will be £18,000. If you choose to make an advance payment of £3000, your new monthly payment will be £416 per month. Your credit assessment will be performed on the £416 per month instead of £500 per month.

How many miles am I limited to with Lease?

You will select an annual mileage allowance when you take out your car lease. You may request to change your mileage allowance at any time if you think you will exceed or fall short of your mileage allowance. If you change your mileage:

(i) Before the 25th of the month, your new mileage bucket will be adjusted in your next monthly payment.
(ii) On or after the 25th of the month, your new mileage bucket will be adjusted in the following monthly payment.

A mileage change will recalculate your total mileage. Your new total mileage will be recalculated as the weighted sum of the selected mileage buckets throughout the duration of your contract (see examples below). If you exceed your new total mileage when you return or switch your lease car, you will be charged an excess mileage fee of £0.20 per mile. Please be aware that you will not receive a reimbursement for mileage you do not use.

Example 1: If you choose an annual mileage allowance of 6000 miles (monthly average of 500 miles) and decide to return your car after six months and 15 days, your mileage allowance up to this point would be (500 miles x 6.5 months) = 3250 miles If you exceed 3250 miles when returning your car, you will be charged for the excess mileage.

Example 2: If you choose an annual mileage bucket of 6000 miles (500 miles/month) for the first 12 months, then upgrade to an annual bucket of 18 000 miles (1,500 miles/month) for 6 months, then downgrade to an annual bucket 12 000 miles (1,000 miles/month) for 18 months and then return your vehicle; your total allowed mileage at contract termination will be calculated as: (500 miles x 12 months) + (1,500 miles x 6 months) + (1,000 miles x 18 months) = 33,000 miles

If you exceed 33,000 miles when returning your vehicle, you will be charged for the excess mileage.

Is Insurance included?

The first 7 days of your car lease includes Volvo Driveaway insurance (subject to meeting our eligibility criteria). After that, you are responsible for obtaining your own insurance coverage by either choosing to continue with our fully flexible monthly Volvo Car Insurance or your own cover.

The cost of Volvo Car Insurance varies depending on several factors such as the vehicle you choose, your age, driving experience and where the vehicle is to be kept. You can obtain an indicative quote by filling out your details online here.

Please note that insurance is not included for Fleet & Business Online customers. However, sole traders are eligible for insurance coverage if the insurance is registered in an individual’s name.

Important Information

Your hire agreement for your new Volvo will be with UK Automotive Solutions Limited. Volvo Car UK Limited will provide you with all support related to the hire agreement.