posted 6 years ago

New Volvo V40 Finance

The Volvo V40 is too capable.

The Volvo V40 is too capable. As such, it would take the rest of my careerer to explain its numerous virtues. Let us therefore focus on the highlights. These include a pedestrian air- bag that emerges from under the bonnet to cover the lower third of the windscreen. This activates via sensors mounted in the front bumper and will save lives. The new Volvo V40 also warns motorists – via visual and audible systems - that a collision could be imminent. If the driver fails to react, this five-door BMW 1 Series rival can brake automatically. These systems complement its refined engines, respectable handling, spacious 335-litre boot, striking styling, and extras such as the frame-less rear-view mirror and backlit gear knob. That brings us to image. Unlike some rivals, it is middle class respectable rather than flash.

Focussing on these highlights has ensured there is time before retirement to talk money. The Volvo V40 – specifically the D2 (115 HP) ES variant – is available via a zero interest personal contract purchase plan. Terms include the £6,753,50 deposit, followed by thirty- six monthly payments of £199. Throughout this period, motorists have an annual mileage allowance of 10,000. At the end of the contract there are three options. One, pay the £7,352.50 purchase payment to own the car outright. This totals £21,270 overall. Option two is to return the V40 and walk away. There should be nothing further to pay, subject to any mileage excess charge and condition. Or three, use any equity towards a replacement Volvo. Choices, choices - but who could part with that pedestrian air bag? Can I retire now?