How to finance a Volvo |
Volvo xc90

How to finance a Volvo

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Unlock prices, warranties and more for this reliable Swedish car brand.

This Swedish automaker has earned a reputation for building secure and reliable premium cars. But they come at a hefty price. Luckily, you have a few financing options to consider — from securing a loan through an online lender or going directly through your Volvo dealer. Car Loans Car Loans

    Get matched with a local car dealership to finance your car purchase. Bad credit, no credit OK

    • Specializing in 'buy here, pay here' car loans. No banks or credit unions.
    • Typically hear back from a rep within 24 hours.
    • Free loan-matching service. No obligation offers.

      How can I finance a Volvo?

      If you’re prepared to use the car you’re buying as collateral, a secured car loan from a bank, credit union or online lender will usually offer the most competitive rates. However, it can take a few days to compare lenders and complete the application process. Another option is to take out an unsecured personal loan. This will likely come with higher rates, though, since your car won’t be used as collateral.

      More concerned about getting behind the wheel of your new Volvo as fast as possible? Then financing directly through Volvo Car Financial Services may be your best bet. While this will typically come with higher rates, you can often pick out your car, secure financing and drive home all in the same day. You have two options to consider:

      • Financing through Volvo Car Financial Services. Volvo offers financing directly through its authorized dealers. While promotions vary depending on where you live, past offers include a $6,000 purchase bonus on the 2018 V90 Cross Country.*
      • Leasing through Volvo Car Financial Services. This is ideal if you like to switch up your car every few years. It’s essentially like renting a Volvo for a specified number of miles and years. At the end of the contract, you can return the car, upgrade to a new model or buy it outright. Past offers include leasing the 2019 XC90 for $545 a month for 39 months with $4,645 due at signing.

      You may find that your local dealership offers its own special promotions as well. And as always, the rates and terms you qualify for will depend on your credit history and personal financial situation.

      *Rates as of December 6, 2018.

      Compare car loans to finance a Volvo

      Rates last updated January 17th, 2019

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      Unfortunately, none of the personal loan providers offer loans for that credit score. If you are in urgent need of a small loan, you might want to consider a short term loan.
      Name Product Product Description Min. Credit Score Term of Loan Requirements Car Loans
      Apply with a simple online application to get paired with a local auto lender. No credit and bad credit accepted.
      Varies by lender
      Must be a US citizen with a current US address and employed full-time or have guaranteed fixed income.
      Auto Credit Express Car Loans
      Get connected with an auto lender near you, even if you have bad credit.
      Typically 3 to 6 years
      Must be employed full-time or have guaranteed fixed income of at least $1,500/month and be a current resident of the US or Canada.
      LightStream Auto Loans
      Quick car loans from $5,000 to $100,000 with competitive rates for borrowers with strong credit.
      Good to excellent credit
      Flexible terms
      Good or excellent credit, enough income or assets to afford a new loan, US citizen or permanent resident, 18+ years old
      LendingClub Auto Refinancing
      Lower your monthly car payments and save on interest through a fast and easy online application process.
      Fair or better credit
      Minimum of 2 years
      Car must be less than 10 years old with fewer than 120,000 miles. Current loan must have a balance between $5,000 and $55,000 and at least 24 months left in its term.
      RateGenius Auto Loan Refinance
      Connect with a network of over 150 lenders to refinance your car loan.
      Income of $2,000+/month, vehicle has less than 150,000 miles and is no older than 8 years, loan balance is between $10,000 and $100,000, debt-to-income ratio is less than 50%
      LendingTree Auto Loans
      Compare multiple financing options for auto refinance, new car purchase, used car purchase and lease buy out.
      Good to excellent credit
      Typically 1 to 7 years
      Must be a US citizen and 18+ years old. Must have good to excellent credit.

      Compare up to 4 providers

      Does Volvo offer special discounts or programs?

      Volvo offers special deals for military members who buy a new car while deployed overseas. They also allow any new purchaser — military or not — to join the Volvo Premier Club, which includes concierge service and discounts at partner companies. You’ll need to stop by your local Volvo dealership or visit its website to learn more.

      How much will a new Volvo cost me?

      Below are the manufacturer suggested retail prices (MSRPs) of Volvo’s latest models. However, the actual price you pay for your new Volvo will depend on where you live, your negotiating skills and any special promotions you qualify for.

      Volvo modelStarting MSRPBuildCity/highway MPG
      2019 XC90$47,700SUV21/29
      2019 XC60$39,800SUV22/29
      2019 XC40$33,700SUV23/33
      2018 V90 Cross Country$52,300Wagon23/31
      2019 V60 Cross Country$38,900WagonNot available
      2018 S90$48,100Sedan24/34
      2019 S60$35,800Sedan24/36


      • Volvo XC90. This SUV is a serious rival to the Range Rover and other luxury brands. Top-of-the-line Excellence models feature massage- and temperature-controlled seats as well as a fridge with room for two wine bottles.
      • Volvo XC60. This midsize luxury SUV has won several awards including World Car of the Year for 2018. It features advanced driving assists and safety technology that rival the competition.
      • Volvo XC40. Options for this compact SUV include adaptive cruise control, parking assist, a 360-degree camera and an upgraded sound system, among others.


      • Volvo V90 Cross Country. This crossover is perfect for those living in or traveling to areas less ventured, including unpaved roads and rough tracks.
      • Volvo V60 Cross Country. A practical and well-received wagon with all of Volvo’s trademark technology.


      • Volvo S90. An executive sedan version of the V90 wagon, this car has won awards for its roomier backseat that rivals the competition.
      • Volvo S60. A smaller sedan with several trim options from the everyday Momentum specification to the performance-enhanced Polestar model.

      Average insurance rates for driving a Volvo

      Does a new Volvo come with a warranty?

      Yes, all new Volvos come with a four-year, 50,000-mile limited and powertrain warranty. And it goes one step further to offer an industry-leading three-year, 36,000-mile complimentary scheduled maintenance plan as well.

      Volvo paves the way in safety

      Volvo has pioneered many safety features that are now industry standards. For example, the company developed the first three-point seat belt in 1959, but then admirably gave up the patent rights so that all car makers could adopt this life-saving invention.

      The luxury car brand also created the rear-facing child safety seat, side-impact airbags and blind-spot monitoring. Volvo continues to be an early adopter, announcing that starting in 2019, all new Volvo models will be electric or hybrid powered.

      Bottom line

      Volvo is known as one of the most innovative brands in the business, and it’s easy to see why. If you’ve got your heart set on one, you can finance it on your own through a bank or online lender to score a more competitive rate. But if speed is your main concern, you may want to go directly through an authorized Volvo dealer.

      Compare lenders and learn more about how car loans work with our comprehensive guide.

      Frequently asked questions about Volvo financing

      Image source: shutterstock

      Kellye Guinan

      Kellye Guinan is a writer and editor with and has years of experience in academic writing and research. Between her passion for books and her love of language, she works on creating stories and volunteering her time on worthy causes. She lives in the woods and likes to find new bug friends in between reading just a little too much nonfiction.

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