Compare Volvo lease deals from multiple providers at once. You can filter your options based on the specific Volvo model you want, the lease length you’re after, your annual mileage and budget.
Volvo, originally a Swedish manufacturer known for producing 'modest' luxury cars, is now owned by Geely Automobile, a major Chinese automotive brand. Although Volvo vehicles may not always be seen in the same tier as some of the more established luxury brands, they compete effectively in quality, design, and features.
The Volvo line-up includes sedans, SUVs, station wagons and the Recharge with hybrid electric vehicles (HEVs), and fully electric vehicles (EVs).
With a Volse lease, you get all the benefits of driving a Volvo, without bearing depreciation costs or the obligations that come with ownership. You'll make fixed monthly lease payments until the end of your lease term, at which point you can return the vehicle or upgrade to a newer model.
There are more than 24,000 Volvo cars registered in the UK for the year-to-date, according to The Society of Motor Manufacturers and Traders (SMMT).
Best for: Drivers seeking an entry-level electric SUV with excellent performance and the luxurious interior typical of Volvo. The EX30 is also competitively priced.
Engine type: Electric
Estimated EV range: 145 - 170 miles
Passengers: Up to 5 adults
Cargo: 318 litres
Best for: Families seeking luxury, practicality, and driving performance. The Volvo XC90 is a midsize luxury SUV available with both petrol and plug-in hybrid powertrains.
Engine type: 2.0L 4-cylinder/electric
Estimated EV range: 32 miles in hybrid mode and 35 miles in pure electric mode
Passengers: Up to 7 adults
Cargo: 680 litres
Best for: Families and everyday drivers looking for a mild-hybrid Volvo model that’s packed with safety features. The XC60 is one of the few car models in the Volvo range which still offers diesel-only engines.
Engine type: 2.0L 4-cylinder/electric
Estimated EV range: 63 miles in hybrid mode and 35 miles in pure electric mode
Passengers: Up to 5 adults
Cargo: 483 litres
Best for: Once crowned the Family SUV of the Year, the Volvo XC40 is a midsize crossover that combines high ground clearance for off-road driving with compact dimensions for convenient inner-city driving.
Engine type: 2.0L 4-cylinder/electric
Estimated EV range: 63 miles in hybrid mode and 35 miles in pure electric mode
Passengers: Up to 5 adults
Cargo: 443 litres
Best for: Those looking for a compact station wagon. The Volvo V60 has a unique cross country style with plenty of luggage space to boot.
Engine type: 2.0L 4-cylinder/electric
Estimated EV range: 63 miles in hybrid mode and 35 miles in pure electric mode
Passengers: Up to 5 adults
Cargo: 1,431 litres
Best for: Drivers looking for a well-rounded, roomy family estate car.
Engine type: 2.0L 4-cylinder
Passengers: Up to 5 adults
Cargo: 551 litres
The cost of leasing a Volvo will vary depending on:
For the UK’s best-selling Volvo model — the XC40 compact SUV — leasing starts from around £610.10 (inc VAT) per month over 48 months, with an initial rental payment of £7,321.20. In this case, the initial rental is the equivalent of 12 months of payments. There’s usually a vehicle sourcing fee as well.
Volvo car leases typically include a mileage limit, with additional costs incurred for exceeding this limit, usually charged on a pence-per-mile basis. For the Volvo XC40 compact SUV lease deal above, the annual mileage limit is 5,000 miles. Additional costs apply if you select maintenance packages, roadside assistance or higher-spec configurations for your Volvo lease. Lease costs and charges will vary between providers; the above is just an example.
The inclusions in your Volvo lease deal will depend on whether you choose to lease through the manufacturer directly or with a third-party car lease provider.
A Volvo lease will generally include:
However, there are exclusions with a Volvo lease, the primary one being insurance. It’s your responsibility to ensure your leased Volvo is insured, just as you would with any other type of car finance. You may get driveaway insurance when you sign up for a Volvo lease deal, but this only provides sufficient coverage for up to 7 days.
Additionally, excess charges may apply if you do not adhere to the manufacturer's servicing or maintenance guidelines or if the car exceeds the BVRLA guidelines on fair wear & tear.
All things considered (mileage, rental payment, etc.), and if you compare car lease deals from various providers, you may find the cheapest deal may be on the Volvo EX30. Leasing can start as low as £506.50 per month (on a 48-month term), with an advance payment of £6,078.00.
Here are some ways you may be able to save money on a Volvo lease deal:
When your Volvo lease ends, you’ll have a few options to consider:
Leasing a Volvo without a deposit could be an option. You can opt for the lowest initial rental payment, typically equal to your monthly payment. Keep in mind that a lower initial rental payment will typically result in higher monthly payments throughout your Volvo lease term. Depending on your credit score, there may be restrictions on selecting the lowest initial rental.
To qualify for leasing a Volvo in the UK, you must meet the following minimum criteria: