The Volvo EX30 lowers its leases to €295/month

Banned from the ecological bonus in France, the electric EX30 from Volvo lowers its rental prices with an offer worth considering.

We are starting to see more and more Volvo EX30 on the streets. After a rocky start due to minor electronic bugs that have since been resolved, and a production (in China) that needed to ramp up, things have now settled down.

Unfortunately, a government decision continues to complicate its situation in France, namely the exclusion from the ecological bonus until its production is Europeanized. This is in the pipeline. In the meantime, the units coming from China cannot benefit from the 4000 euros bonus allocated to electric cars costing less than 47,000 euros.

295 euros / month, interesting?

Faced with inherently more competitive rivals, Volvo is currently reluctant to adjust the sales price of its EX30. The Sino-Swedish manufacturer wants to remain true to its premium positioning. However, it is making substantial financial efforts in the Long-Term Rental (LLD) market, where prices continue to drop.

At 380 euros / month in March after an initial payment of 5000 euros, the 37-month lease totalled 18,680 euros. Now, the same offer sees the monthly rate drop to 295 euros / month after an initial payment of 6000 euros. Does the customer still benefit from this?

Well, yes! Over the same 37-month rental period and with 30,000 kilometers allowed, the total bill will be 16,620 euros, which is 2060 euros less than before. This represents a significant 11% decrease in just one month.

Finally, over the loan duration, renting this Volvo EX30 will have cost only about 44.3% of the car’s list price. During the same period, the loss of residual value will be equally significant. This suggests that this rental deserves real interest if the Volvo EX30 appeals to you.

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