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Volvo Financial Services (VFS) is offering customers in the U.S. an enhanced finance program on the purchase or lease of a model year 2020 or 2019 Volvo VNL, VNR, VNX or VHD model during this time of financial uncertainty as a result of COVID-19.
“We understand how important it is – especially during this unprecedented situation with the coronavirus – for trucking companies to maintain strong cash flow,” said Stephen Yonce, vice president of VFS. “To do our part, Volvo Financial Services continues to seek out ways to help our customers through these difficult times.”
The “Hammer Down 2.0” Program extends the first payment for 60 days for qualified buyers of Volvo VNL, VNR and VNX models and for 90 days for qualified buyers of VHD models in dealer stock inventory. In addition, the program offers low to no down payments for qualified applicants. For model year 2019 trucks, customers can receive up to $5,000 payment credit on initial monthly installment or lease payments, and up to $3,000 payment credit on initial monthly installment or lease payments for model year 2020 models.
Daycab models will also receive an engine plan and purchased Engine Aftertreatment (EATS) coverage for 3 years or 300,000 miles. VNL, VNR and VNX sleeper models will receive an engine plan and purchased EATS coverage for 4 years or 500,000 miles.
“Trucking companies and professional drivers are more important than ever,” said Peter Voorhoeve, president of Volvo Trucks North America. “Volvo Trucks North America is committed to doing its part to alleviate some of the stress created by COVID-19, and we will continue to offer programs to help our customers and keep trucks and the economy moving.”
CAPTION: Volvo Financial Services (VFS) is offering customers in the U.S. an enhanced finance program should they wish to purchase or lease a model year 2020 or 2019 Volvo VNL, VNR, VNX or VHD model during this time of uncertainty as a result of COVID-19.
Volvo Trucks North America, headquartered in Greensboro, North Carolina, is one of the leading heavy-duty truck manufacturers in North America. Its Uptime Services commitment is delivered by a network of over 400 authorized dealers across North America and the 24/7 Volvo Trucks Uptime Center. Every Volvo truck is assembled in the Volvo Trucks New River Valley manufacturing facility in Dublin, Virginia, which meets the internationally recognized ISO 9001 standard for quality, 14001 standard for environmental care and holds a dual ISO 50001/Superior Energy Performance certification at the platinum level, indicating a sustained excellence in energy management. Volvo Trucks North America provides complete transport solutions for its customers, offering a full range of diesel, alternative-fuel and all-electric vehicles, and is part of the Volvo Trucks global organization.
Volvo Trucks provides complete transport solutions for professional and demanding customers, offering a full range of medium to heavy duty trucks. Customer support is secured via a global network of dealers with 2,300 service points in more than 130 countries. Volvo trucks are assembled in 13 countries across the globe. In 2020 approximately 94,000 Volvo trucks were delivered worldwide. Volvo Trucks is part of Volvo Group, one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. Volvo Trucks´ work is based on the core values of quality, safety and environmental care.