Extra, Extra: Volvo Launches XC40 Subscription Plan
Volvo Cars Corp. is launching its Care by Volvo subscription service in Europe and the U.S. with the all-new XC40 compact crossover vehicle.
Volvo Cars Corp. is launching its Care by Volvo subscription service in Europe and the U.S. with the all-new XC40 compact crossover vehicle.
The two-year plan costs $600 per month, not including taxes and registration costs. No down payment is required. The charge for the all-wheel-drive Momentum package covers insurance, maintenance, concierge services and a 15,000-mile annual allowance.
The higher-end R Design sport package costs $700 per month. Subscribers have the option of switching from one model to the other at the one-year point.
For traditional buyers, the awd XC40 T5 Momentum model will start in the U.S. at just over $35,000. The front-drive T4 model saves $2,000.
Cadillac and Porsche also launched subscription services this year. Those plans are much more expensive than Volvo’s and allow participants to swap several models. Cadillac’s The Book Service cost $1,800 a month. Porsche Passport starts at $2,000 a month.
RELATED CONTENT
-
On Automotive: An All Electric Edition
A look at electric vehicle-related developments, from new products to recycling old batteries.
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
-
Increasing Use of Structural Adhesives in Automotive
Can you glue a car together? Frank Billotto of DuPont Transportation & Industrial discusses the major role structural adhesives can play in vehicle assembly.