The Volvo financial service provider has expanded its offerings to include Volvo financial products, including a loan, a credit card and an auto loan.
Volvo Financial is the world’s biggest automaker and has a vast portfolio of financial products for its customers, including credit cards, car loans and mortgages.
The firm has been expanding its offerings in recent months, offering financial products to more customers and adding new features and tools.
VFS has more than 1,400 locations in Canada, the U.S., Europe and Japan, and more than 80,000 customers, according to the firm.
“Volvo has an extensive portfolio of credit and mortgage products that include credit cards and car loans,” VFS chief financial officer Michael Koster told The Globe and Mail.
“We are also excited to be adding the ability to buy and sell Volvo financials online.”
Volkswagen will be expanding its portfolio of vehicle finance products in the U: a loan to buy or sell a new vehicle, and a loan for a loan.
Volkswagon will be offering a loan of up to $5,000 to buy a Volkswagen Jetta TDI sedan, and $6,500 to buy an Audi A6 TDI or a Volkswagen Golf GTI.
A loan of $3,000 or more can be taken to buy your vehicle outright, but only after you have driven it for two years.
The loan will be made with a Volvo Financial Services partner.
The lender will charge interest rates of 6 per cent for the first month and 4 per cent thereafter, up to a maximum of 6.75 per cent on the loan.
Volkswagens financing and vehicle finance options have been available since October, and are available in more than 100 countries.
Here’s what you need to know about car finance, including financing rates and financing options.