A Volvo is more than a vehicle. It’s a statement of luxury, a showcase of innovation, and a testament to safety. With an array of incredible deals and financing packages, now’s a great time to experience these benefits first-hand. Attractive financing offers and incentives create an irresistible buying environment for prospective Volvo owners, whether they want a brand-new model or a pre-owned vehicle. Start a search today to find great deals on new and used Volvos.
Types of Volvo Deals
In the competitive world of auto manufacturing, companies often strive to outdo each other with enticing deals to attract potential customers. The types of deals available can vary widely, but there are some common types of deals:
- Low APR: This type of deal allows you to finance your vehicle at a reduced interest rate. It’s ideal if you’re looking to spread the cost of your new Volvo over a period of time.
- Discount on MSRP: This type of deal is a straightforward way to entice buyers by slashing off a percentage of the Manufacturer’s Suggested Retail Price (MSRP).
- Lease deal: Not ready to commit to owning? Volvo’s lease deals provide a flexible way of driving their latest models with affordable monthly payments.
- Cash allowance: With this type of deal, Volvo gives the buyer a significant rebate that can be used to offset the price of the vehicle.
The Best Volvo Deals of 2023
Making luxury attainable, Volvo has an impressive lineup of deals for 2023. Among the current deals, there are some particular standouts. For example, these are a few Volvo deals available as of June 2023:
- Volvo C40 Recharge: Finance at 5.99% APR for 72 months or lease for $549 per month for 36 months.
- Volvo XC40: Finance at 5.99% APR for 72 months or lease for $499 per month for 36 months.
- Volvo S60: Finance at 5.99% APR for 72 months or lease for $535 per month for 36 months.
Keep in mind, these are just a handful of Volvo’s current deals, so it’s worth delving deeper and exploring the full range of options with an online search.
More Ways To Save
Additionally, Volvo thanks specific groups with special offers through their Affinity Programs. For instance, there’s a $500 bonus incentive on the purchase or lease of a new Volvo for:
- Active-duty military
- Veterans
- First responders
- Teachers
- Medical professionals
The Affinity Programs could provide an additional bonus on top of other incentives, making your Volvo purchase or lease even more affordable.
Negotiate an Even Better Deal
Securing the best deal on a new Volvo isn’t strictly about the listed offers. It can also be about your negotiating skills. To ensure you get the best possible deal, here are some steps to keep in mind:
Do Your Homework
Research the MSRP and incentives at other dealerships to understand the market. This knowledge empowers you to spot a good deal and gives you the leverage you need during negotiations.
Get Pre-Approved Financing
This can strengthen your bargaining position and help you set a realistic budget. Plus, walking into a dealership with pre-approved financing can potentially simplify negotiations and speed up the buying process.
Timing is Key
Certain times of the year are known for good deals. For example, dealerships may be willing to negotiate at the end of the quarter to meet sales targets. And they may be motivated to give a good deal at the end of the year to make way for new models.
Be Ready to Walk Away
If a deal doesn’t meet your expectations or budget, be prepared to leave. Always remember, the most powerful negotiating tool you have is your ability to walk away and explore other options. You don’t have to rush the buying process.
Don’t Overlook Pre-Owned Volvos
Finally, don’t forget about exploring used and certified pre-owned Volvos. Opting for a slightly older model can be a fantastic way to save money while still benefiting from many of the same features and technologies found in the latest models.
The Certified by Volvo program offers rigorously inspected, like-new Volvos for much less. This option combines the assurance of a manufacturer’s warranty with the value of a used vehicle, making it an appealing alternative for budget-conscious shoppers.
The Bottom Line
Volvo’s 2023 deals offer a range of ways to make owning a piece of Swedish luxury accessible. Whether you’re interested in a brand-new model or a certified pre-owned vehicle, Volvo has something for many budgets. Take some time to do your homework and explore the variety of offers and incentives available. You don’t have to break the bank to get behind the wheel of a Volvo.
Shutterstock: Jonathan Weiss
