If one has set his eyes on a wonderful car but the size of his pocket restrains him to buy one, then opting for the
Volvo Car Finance is the best way out since they claim to be specialists in car finance, helping the customers to finance their cars in the most cost effective way.
The Primus Automotive Financial Services Australia Ltd, is an auxiliary body of the Ford Motor Company. An important segment of Primus is the Volvo Car Finance. The primary function of the
Volvo Car Finance is the provision of financial services to the Volvo Car Dealers and their customers. They also make a detailed survey of the customer and the dealer's satisfaction level.
The following are the financial services provided by them:
Provision of retail automotive financing
Provision of wholesale financing
Provision of capital loans.
All the above services are provided to the Volvo car Dealers and their customers. Volvo Car Finance cover both old and new cars.
The Volvo Car Finance caters to both private and business needs and it has tailored different plans to suit the divergent purposes.
Private Purchase Plan: (Volvo Car Finance)
The following are the different schemes available.
Traditional Purchase Plan: In this scheme the buyer has to start with an initial deposit which has to be 10% and above. The rest of the money has to be paid in equal amounts at a fixed rate after choosing a repayment period up to 5 years.. The car can be owned at the end of the agreement.
Volvo Flexible Purchase Plan: This plan is similar to the earlier traditional plan but has an added advantage. Here the buyer can postpone the payment till the expiry of the contract. In this scheme the buyer agrees for the final payment taking into account the age, mileage and the use of the car.
Volvo Advantage Plan: Here the buyer has the option of not making the final payment and returning the car to Volvo. This plan is most suitable for buyers who wish to change their cars every 2-3 years.
Business Purchase Plan: (Volvo Car Finance)
The following are the different schemes available.
Traditional Finance Plan
The buyer here has to pay for the cost of the car and the interest in fixed monthly installments. The buyer has to make an initial deposit of at least 10% and then decide upon the tenure of payment that ranges from 12-60 monthly payments. The car can be owned at the expiry of the contract.
Volvo Flexible Purchase Plan: Similar to the private flexible purchase plan of Volvo, payment of a lump sum amount is allowed at the end of the contract.
Volvo Advantage Plan: This plan is also similar to the corresponding private purchase plan of Volvo. The buyer can choose from 24 , 30 or 36 monthly payments.
The Volvo Car Finance North America offers a number of schemes that can be suited according to the different business needs. The following are the different plans.
The Commercial Retail Finance Plan:This Plan offers competitive rates, flexible terms, simple billing systems and has no hidden fees. The commercial Lines of Credit can be considered if one is a fleet customer requiring to purchase one or more vehicles at a time. this scheme is applicable to buyers of both used and new cars and also to light, medium or heavy duty trucks
Commercial Lease: This scheme helps in easy and cost effective acquisition of cars.
Municipal finance: This scheme helps in using the operating budget in the best possible way by providing flexibility, affordability and convenience.