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Used Volvo XC60 on Finance

Representative example: borrowing £6,500 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £166.07 per month, with a total cost of credit of £3,464.37 and a total amount payable of £9,964.37.

Getting a Volvo XC60 on finance

Navigating through the process of financing a used Volvo XC60 requires a step-by-step approach and a good understanding of the available financing options. Let’s delve into the key aspects and options you may consider when acquiring a used Volvo XC60 on finance.

Initial Steps:

1. Budget Management:

  • Determine a clear budget, considering factors like down payment, monthly installments, insurance, and maintenance.

2. Checking Credit Score:

  • Understand that a robust credit score can enhance your chances of obtaining favorable financing terms.

3. Choose the Right Model:

  • Select the specific Volvo XC60 model and year that align with your needs and budget.

4. Vehicle Inspection:

  • Ensure a thorough check on the vehicle's condition and history.

Financing Alternatives:

1. Bank Loans:

  • A traditional financing route where you borrow the funds from a bank and repay it in fixed monthly installments.

2. Hire Purchase (HP):

  • Pay an upfront deposit followed by fixed monthly payments. Ownership is transferred after the last payment.

3. Personal Contract Purchase (PCP):

  • Lower monthly payments with flexibility at the end of the term: pay a balloon payment to own, return, or exchange the vehicle.

4. Dealer Financing:

  • Avail of finance directly from the dealership, which might offer promotional financing deals.

5. Peer-to-Peer Lending:

  • Utilize online platforms to secure loans directly from individual investors.

6. Leasing:

  • Pay for the use of the vehicle during a fixed term and return it at the end without owning it.

Buying Steps:

1. Select a Trustworthy Seller:

  • Whether dealing with a private seller or dealership, ensure they are reputable.

2. Negotiating:

  • Work towards obtaining a deal that aligns with the market value of the chosen XC60.

3. Ensure Transparent Paperwork:

  • Scrutinize all documents, ensuring clarity and transparency in the sale and finance agreement.

4. Conclude the Deal:

  • Once all terms and documents are clear and agreed upon, finalize the deal.

5. Ensure Adequate Insurance:

  • Acquire suitable insurance before taking possession of the vehicle.

Considerations:

  • Maintenance and Repair Costs: Be aware of the expected maintenance and potential repair costs.

  • Resale Value: Investigate the model’s depreciation and future resale value.

  • Warranty: Explore warranty options, potentially considering an extended warranty if the existing one is limited.

Conclusion:

Financing a used Volvo XC60 involves thorough planning and understanding each step of the process and financial implications. By ensuring comprehensive research and possibly seeking advice from financial experts, you enhance the likelihood of securing a deal that is financially sound and allows you to enjoy your Volvo XC60 with peace of mind.

About the Volvo XC60

The Volvo XC60 epitomizes the perfect blend of Scandinavian design, safety innovations, and practical features. As one of Volvo's most popular models, the XC60 offers potential owners a luxurious and efficient SUV experience. This article delves into the standout characteristics of the Volvo XC60, its key competitors in the segment, and provides insights into the advantages of considering this vehicle, particularly when financed.

Distinctive Features of the Volvo XC60:

  • Elegant Design: The XC60 is a testament to Volvo's minimalist yet sophisticated design ethos. The SUV showcases clean lines, an iconic grille, and the unmistakable Thor's Hammer LED headlights.
  • Power and Efficiency: With a range of engines including petrol, diesel, and plug-in hybrid options, the XC60 caters to varying needs. The plug-in hybrid, in particular, offers an impressive balance of performance and eco-friendly driving.
  • Spaciousness and Comfort: The interior of the XC60 is both luxurious and functional. With plush seating, high-quality materials, and a panoramic roof, passengers are treated to a serene cabin experience.
  • Advanced Safety: Volvo's commitment to safety is unparalleled. The XC60 boasts a suite of advanced safety features, including Pilot Assist for semi-autonomous driving, City Safety with collision avoidance, and more.
  • Intuitive Tech Interface: Featuring the Sensus Connect infotainment system with a large touchscreen display, smartphone integration, and voice command functionality, the XC60 ensures that drivers are always connected and informed.

Competing in a Crowded Segment:

The midsize luxury SUV segment is notably competitive, with several automakers vying for supremacy. When contemplating the XC60, it's essential to recognize its major competitors:

  • Audi Q5: Known for its refined interiors and quattro all-wheel-drive system, the Q5 is a direct competitor offering a blend of performance and luxury.
  • BMW X3: Sporting dynamic handling and a range of potent engines, the X3 is often lauded for its driving experience.
  • Mercedes-Benz GLC: With a plush interior and an array of advanced tech features, the GLC is a formidable adversary in the segment.
  • Jaguar F-PACE: Offering a mix of British luxury and sporty dynamics, the F-PACE brings a unique flavor to the competition.

Final Thoughts:

The Volvo XC60 is a standout choice for individuals yearning for a luxurious, safe, and technologically advanced SUV. By considering financing options, the dream of owning an XC60 becomes increasingly tangible. With its blend of design, innovation, and safety, it's a vehicle that not only meets but often exceeds expectations.

Volvo XC60 Data by County

Volvo XC60 data for the amount in stock, average price, age and mileage throughout the UK and by county.

CountyStockAvg PriceAvg AgeAvg MileageRecent Sales
All1,967£29,428654,4625,138
Aberdeen City29£32,275328,45258
Aberdeenshire1£34,495224,0507
Angus1£16,490944,8735
Antrim1£14,995787,1431
Ards1£9,9958117,0002
Armagh1£13,975869,0003
Ballymena1£11,950892,0004
Ballymoney4£14,108990,9154
Banbridge2£14,675967,5004
Barnet - Greater London1£8,0451580,269-
Bedfordshire35£22,679660,47275
Belfast5£17,329758,128464
Berkshire67£37,960219,401163
Blaenau Gwent1£15,700854,0004
Bristol14£32,719442,53657
Bromley - Greater London5£36,961320,69535
Buckinghamshire19£24,243658,00159
Caerphilly1£11,995881,0005
Cambridgeshire56£24,829654,121131
Cardiff15£31,513531,88943
Carmarthenshire1£18,495830,8253
Ceredigion1£15,291862,5353
Cheshire56£30,412532,420135
City of Edinburgh21£21,388861,85060
City of London - Greater London61£34,777329,034142
Coleraine3£16,998882,6842
Conwy1£15,995951,0003
Cookstown3£21,157584,5524
Cornwall7£33,966316,74829
County Durham27£35,184327,05560
Croydon - Greater London1£13,9951061,0001
Cumbria11£29,829433,25418
Derbyshire45£26,034649,914104
Derry3£13,498892,819-
Devon30£18,586963,00174
Dorset24£30,317542,50060
Dumfries and Galloway1£37,998228,0444
Dundee City16£28,574537,66639
Dungannon3£27,877444,1212
Ealing - Greater London2£10,3459104,6811
East Ayrshire2£38,648216,8159
East Lothian1£6,99911114,6213
East Riding of Yorkshire15£32,308432,92255
East Sussex19£36,267327,96845
Enfield - Greater London1£15,995748,760-
Essex42£23,677652,42285
Fermanagh3£11,713969,6672
Fife5£19,997762,10811
Flintshire5£11,0371185,78714
Glasgow City21£33,269334,67171
Gloucestershire14£26,641550,32665
Greater Manchester84£23,298656,664161
Hampshire40£617,682756,232135
Harrow - Greater London1£10,295868,413-
Havering - Greater London5£16,342654,3672
Hertfordshire58£36,377329,162124
Highland23£31,840436,33358
Hillingdon - Greater London4£15,399875,6343
Isle of Wight2£17,995967,0001
Kent41£33,270434,290113
Kingston upon Thames - Greater London1£16,5007131,0001
Lancashire56£22,597761,171109
Leicestershire63£30,659546,064122
Limavady2£29,495330,5002
Lincolnshire46£26,943547,355143
Lisburn5£24,482542,0975
Magherafelt3£16,132888,5004
Merseyside9£18,975760,09316
Merthyr Tydfil3£17,661860,219-
Monmouthshire6£26,878653,8816
Moray1£25,995647,0003
Newport1£12,850891,6036
Newry and Mourne6£27,548445,3003
Newtownabbey5£15,796875,67311
Norfolk45£30,593438,87084
North Down3£12,145995,4534
North Lanarkshire2£39,648214,7383
North Yorkshire64£29,904541,867165
Northamptonshire19£24,410662,13696
Northumberland7£28,282534,91219
Nottinghamshire28£25,310657,03462
Oxfordshire18£31,926434,66953
Pembrokeshire1£12,995898,3321
Perth and Kinross14£27,795439,27231
Renfrewshire9£33,420432,6408
Rhondda Cynon Taf2£13,9919104,3009
Shropshire22£27,850543,57936
Somerset14£23,931650,05950
South Ayrshire1£13,992969,86923
South Lanarkshire5£35,678223,091-
South Yorkshire47£26,916552,771140
Staffordshire34£26,355541,04968
Stirling34£37,401220,33550
Strabane1£11,990799,0473
Suffolk35£30,366438,99549
Surrey42£29,838540,93392
Sutton - Greater London1£6,5001392,0001
Swansea16£30,138431,22841
Tyne and Wear50£34,649433,24482
Waltham Forest - Greater London1£35,099115,2294
Warwickshire17£30,577436,13731
West Midlands120£28,547548,517242
West Sussex18£31,539431,40656
West Yorkshire80£30,168441,661245
Wiltshire19£26,204649,55884
Worcestershire27£29,387649,85549
Wrexham1£11,995992,8821
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