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Volvo leasing success

Written By Faye Sunderland Published On: Jan 30 2008
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Volvo has seen sales through leasing companies sky-rocket so far this year. Total fleet sales increased by 117% on last year. The news comes after a disappointing year in 2007, with a slight dip in sales. Due to reduced running costs and improved residual values, the Volvo range is becoming an ever increasingly attractive leasing option. The V70 and S80 have proved very popular.John Wallace from Volvo said: “knock on effect of higher residual values is lower contract hire rates for company car fleets as well as reduced personal contract purchase costs for retail motorists. The high speed at which we have turned our cars into cash has also improved our bottom line."

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