What do you guys think about Volvo’s new subscription model for XC40?

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I’m going for it

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This is just a lease but they're calling it a "subscription". You can return your lease early and upgrade to a newer model also.

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You still have to pay for taxes and fees. So you’d end up paying $3,000 upfront to cover those costs and then pay $600 a month for the rest of your life, assuming you’ll always need a car. No thanks!

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How does the insurance piece work? Would they just not accept people who have horrible driving records into the subscription?

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Excellent marketing for millennials who were told to never lease a car but love subscription services

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Seems overpriced compared my BMW X3 lease and annual insurance. I’d rather be in a German whip too. Interesting concept that I hope catches on with more automakers—I think Cadillac is doing something similar and Porsche may be piloting a program soon.

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$365 for the lease, $1100/year for insurance.

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Cool, I would go for it if they had it for higher end models

The future

Cool concept. But isn’t $600 a little steep? Pretty sure you can get better lease values for better cars. I get that most leases are three year agreements, and not one year like this subscription model

Yoooo. Game changer. I love Volvo but can't buy one. Hmm, will seriously consider

Lease that’s all in, insurance and all. Pay for tires is all you need

Interesting yet not ground breaking. Lease plus insurance with a shorter term.

If they gave me an monthly allowance for gas then I’m all in haha

Capgemini 1 that’s an excellent question. Especially since they state that you can have more than one user covered under insurance if they are your family. I heard they are working on an option for friends too, where you can lend them your Volvo without keys just by granting a permission via an app like zipcar.

PwC2 so what do you end up paying every month for your bmw?

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