The Volvo XC90 is an elegant 7-seater SUV, competing with models such as the BMW X5, Mercedes GLE, and Audi Q7. It boasts several advantages, including a muscular and refined design, a spacious and comfortable interior, great modularity, and a choice of hybrid engines to reduce energy consumption. Additionally, the Volvo XC90 comes with a comprehensive set of features. Families looking to acquire this SUV also have the option of financing it through LOA (Location with Option to Buy) or LLD (Long-Term Rental).
LOA Volvo XC90: How it works and its benefits
Launched in 2015 and updated in 2019, the Volvo XC90 received subtle aesthetic touches that did not significantly alter its appearance. This imposing SUV maintains its homogeneity and stands out with its modern design, mainly due to its unique lighting signature. As a technological showcase for the Swedish brand, the vehicle is equipped with a comprehensive set of features, including impressive safety equipment such as autonomous emergency braking with pedestrian detection, a 360° camera, and adaptive cruise control with traffic jam assist. Unlike its competitors, the Volvo XC90 is equipped with three individual rear seats instead of a rear bench, along with two additional seats in the third row in certain versions. The quality of materials and the precision of the assembly make the interior even more inviting.
The Volvo XC90 is consistently sold with 4-wheel drive and an 8-speed automatic transmission. However, it only offers two 4-cylinder engine options: a diesel engine with mild hybrid technology producing 235 horsepower (B5), equipped with a starter and a kinetic energy recovery system, and a plug-in hybrid combining a 303-horsepower 2.0-liter gasoline engine with an 88-horsepower electric motor (T8). In the T8 version, the Volvo XC90 has an electric range of 41 km according to the WLTP cycle.
If you are interested in the Volvo XC90 but do not wish to purchase it, the LOA financing option is the perfect leasing solution for you. LOA is a long-term car rental formula that allows you to enjoy the vehicle without the commitment of buying it. You will have the use of the car for a certain period and within an annual mileage limit. In return, you will be responsible for a monthly lease payment, the amount of which was determined when signing the lease contract. This contract also includes a crucial element: the residual value of the car at each monthly payment starting from the 13th month of the lease. This residual value will correspond to the purchase price if you decide to exercise the purchase option.
LLD Volvo XC90: How it works and its benefits
Like LOA, Long-Term Rental (LLD) is a financing option that allows drivers to use a vehicle without purchasing it, in exchange for a monthly lease payment corresponding to its use. However, the monthly payment for LLD is slightly higher as it includes additional services not available with LOA. These services include maintenance, which will be fully covered by the rental company. They will notify you of each maintenance appointment, and you simply need to take the vehicle to the garage. No additional fees will be charged at that time, as it is already included in your lease. The same applies to assistance, tire replacement, technical inspections, and auto insurance.
Unlike LOA, LLD does not include a purchase option, meaning that the client cannot become the owner of the vehicle unless they explicitly request it from the rental company. In this case, there is no guarantee that they will obtain the vehicle at a favorable price. LLD offers more flexibility compared to LOA, including the absence of an initial payment, making leasing more accessible to clients. Additionally, if you drive a lot, LLD can provide you with a mileage package that meets your expectations. Some leasing companies even allow their clients to adjust the anticipated mileage during the contract, avoiding any excess mileage penalties.
Leasing the Volvo XC90 without an initial payment: Explained
Leasing a Volvo XC90 without an initial payment means that you do not need to make a down payment for either LOA or LLD. Typically, a lease requires the payment of a first installment, which can be relatively high. Clients who do not have savings or available funds were unable to access leasing for a vehicle like the Volvo XC90. Fortunately, offers have evolved, and leasing companies are now able to grant contracts without a down payment, provided that the client meets strict solvency criteria. The leasing company will review your application and have the authority to decide on this matter. If your borrowing capacity is insufficient, your request for a no down payment lease may be denied.
Get a leasing quote for the Volvo XC90 in LOA or LLD
Are you searching for the most advantageous and suitable leasing contract for the Volvo XC90? Regardless of your criteria, whether you prefer a lease with or without a down payment, through LOA or LLD, it is essential to use an online leasing comparison platform to request personalized quotes. All you need to do is fill out a form and submit your requests to several leasing companies, who will respond within hours. You must visit a platform offering this service and follow the provided instructions. It’s worth noting that this service is free and without any obligation. Once you have the offers in hand, it is up to you to choose the one that best matches your needs and budget.