A New Way to Lease

Stephan Franklin, Auto Show Global

Subscription Service as the new leasing option for Volvo

Volvo recently announced that it is offering a subscription based service for owners. Basically for the low price of around $600 dollars you have access to a 2019 Volvo XC40. With a 2 year commitment, your vehicle comes with insurance and maintenance, the driver responsibility will just be to pay the taxea, registration, and gas. Now I wonder how this would work in Michigan, where the insurance rates are among the highest in the country. I’m curious to know if this would be reflected in the price. Just because it starts at $600 doesn’t mean it will end there. Hopefully will learn more about the concept in the weeks to come.

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