Volvo Car Malaysia Introduces Car Leasing Programme

Volvo Car Malaysia Introduces Car Leasing Programme

Volvo Car Malaysia has made available a car leasing programme for consumers to enjoy a Volvo car minus the obligations of a hire-purchase agreement. The company recently signed a Leasing Service Agreement with MyMotor (MYEG Fintech) to introduce the Volvo Car Leasing to Malaysians.

Volvo Car Leasing, Volvo Car Malaysia, MyMotor, Lennart Stegland, Justin CheahVolvo Car Leasing is the first such programme for Volvo Cars in Southeast Asia and offers customers an opportunity to drive a Volvo car worry-free, with the insurance, road tax, maintenance cost, and warranty covered by the leasing programme.

Furthermore, you have a choice at the end of the leasing agreement to either (1) buy the car at market rate or Future Guaranteed Value (FGV); (2) return the car to the dealership or (3) select a new model to drive home, again.

“Our company philosophy is centred around people, their needs and what they care about. Now with Volvo Car Leasing, our customers are able to choose an appropriate model based on their current need or station in life and change it when the need arises,” commented Mr Lennart Stegland, Managing Director of Volvo Car Malaysia.

The leasing programme is available for all Volvo models sold in Malaysia, at all participating dealerships. You can drive home a new Volvo car from as low as RM2,762 a month, which includes a comprehensive insurance package, road tax, and maintenance cost.

“Every Volvo leased under this programme comes complete with our Volvo Service Agreement Plus (VSA+) which covers a list of service actions including a wide range of wear and tear items, giving the customer peace of mind in when it comes to his or her Volvo ownership experience,” adds Stegland.

The Volvo Car Leasing programme allows you greater financial flexibility compared to a typical hire-purchase agreement by freeing up valuable credit to purchase other assets, on top of not having to worry about incidentals related to car ownership.

“Based on our calculation, a customer could potentially save more with this leasing programme when compared to a hire-purchase agreement. At the end of the lease, the customer could renew the agreement and drive home a brand-new unit of the same model or opt to upgrade his lease agreement with a different model,” said Mr Justin Cheah, the Chief Executive Officer of MyMotor.

“In comparison to a traditional hire-purchase agreement, Volvo Car Leasing encompasses most of the cost involved with car ownership. This convenience should also prove to be very appealing to company or fleet purchasers,” Cheah adds.

With Volvo Car Leasing, you would not have to be concerned about disposing or selling the cars at the end of the agreement – something which is a given when it comes to a hire-purchase agreement.

In conjunction with the launch of Volvo Car Leasing, all Volvo models will be offered at promotional rate, from now until 31 August 2018. All cars leased via Volvo Car Leasing will also include complimentary petrol vouchers worth RM300, during this promotional period.

For more information on the available models, applicable rates, VSA+, and Volvo Car Leasing and any current promotions, please visit Volvo Car Malaysia’s webpage at: or contact your preferred Volvo dealership for further assistance.


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