Contract Hire

With our Contract Hire option, you lease the Volvo of your choice for a fixed contract period, then return the car to us at the end.

Fixed monthly payments

With our Contract Hire offer, your monthly rental payments remain unchanged throughout your contract. Committing to a longer term brings your monthly costs down.

Tailored to your needs

Your contract can be tailored to meet your personal needs with flexible payment and mileage options.

No equity risk

Simply return the car at the end of your contract, subject to fair wear and tear and excess mileage charges, with no worry about depreciation.

How Contract Hire works

Compare finance options

Highlights

Return at the end

24-48 months

5-25k annual mileage

Return, exchange or own

24-48 months

6-30k annual mileage

You can own the car

24-48 months

Unlimited mileage

Payment

Monthly payments

Initial rental

Excess fees for wear and mileage

Early termination fees apply

Monthly payments with optional final payment

Partial deposit

Excess fees for wear and mileage

Early settlement option

Monthly payments

Partial deposit

No excess fees for wear and mileage

Early settlement option

Included services

Warranty

Roadside assistance

Digital services

Volvo Cars app

Driveaway insurance

Extended battery warranty

Service Plan Plus

Warranty

Roadside assistance

Digital services

Volvo Cars app

Driveaway insurance

Extended battery warranty

Service Plan Plus

Warranty

Roadside assistance

Digital services

Volvo Cars app

Driveaway insurance

Extended battery warranty

Service Plan Plus

Applies to electric cars only

Financial option

With PCP and Volvo loan you will need to pay additional Road Tax costs after year one. Volvo loan have a risk of depreciation.

Popular cars with Contract Hire

FAQ

How do I know if Contract Hire is right for me?

Contract Hire offers you the opportunity to lease your car for a fixed contract period then return the car to us at the end. You can choose the term you would like – either 24, 36 or 48 months. You can make more rental payments upfront to lower your remaining monthly payments.

What initial rental payment do I make?

You can choose to make 1, 3, 6, 9, or 12 rental payments upfront. The more payments you make upfront, the lower your remaining monthly payments will be.

How many miles am I limited to with Contract Hire?

You select your annual mileage allowance when you take out your Contract Hire agreement. You may request to change your mileage allowance at any time if you think you will exceed or fall short of your mileage allowance. Details of how to make this request can be found on the VCFSUK website: https://www.vcfsuk.co.uk/volvo/manage-pch-agreement/.

Is insurance included with Contract Hire?

The first 7 days of your car lease includes Volvo Driveaway insurance (subject to meeting our eligibility criteria). After that, you are responsible for obtaining your own insurance coverage by either choosing to continue with our fully flexible monthly Volvo Car Insurance or your own cover.

What services are included in Contract Hire?

If you have selected a fully electric car, the Volvo Car Service Plan Plus is included in your monthly payment and will follow the contract length. For all other cars, no service plan is included automatically in the monthly payment. Instead, you will have the option to add a Volvo Car Service Plan to your vehicle order, which will then be included within your Contract Hire quotation.