Volvo Cars Sarasota: Take Advantage of Volvo EV Lease Bonuses
Volvo is committed to advancing the future of automotive technology, including encouraging the adoption of electric vehicles. Our dealership offers bonuses and financing options for those interested in leasing or purchasing Volvo Recharge Pure Electric models.
What Leasing Bonuses Are Available?
For those interested in leasing a Volvo Recharge Pure Electric vehicle, several excellent bonus options are available. The most common is the federal electric vehicle tax credit, which provides up to 7,500 tax incentives for qualifying electric vehicles. Additionally, we offer incentives for electric vehicle lessees, making a Volvo Recharge Pure Electric model even more affordable.
Besides tax incentives, Volvo has a leasing bonus for Lakewood Ranch customers interested in driving a Recharge Pure Electric vehicle. The company offers a 2,000-dollar lease bonus for those who lease an eligible model through Volvo Car Financial Services. This bonus lowers the overall cost of leasing a Volvo EV, making the switch to electric even more accessible to more drivers around Venice, FL.
Financing Incentives
For those looking to finance their purchase of a Volvo Recharge Pure Electric vehicle, several competitive financing options are available. Volvo works with several reputable financial institutions to offer financing at attractive rates, making it easier for customers to afford the initial purchase of a Recharge Pure Electric vehicle. Additionally, the company offers promotional financing rates and lease incentives for qualified customers.
Learn More at Our Dealership
Volvo Cars Sarasota is excited about sharing additional information on Volvo's EV lease bonuses and other incredible financing incentives . Moreover, we host a great inventory of new Volvo Recharge Pure Electric models for drivers around Venice, FL. Take a trip to our dealership and schedule a test drive.
Vehicle prices listed are plus tax, tag, title and any dealer installed options. Dealer also charges a pre-delivery service fee in the amount of $899, which charge represents cost and profit to the dealer for items such as cleaning, inspecting and adjusting new and used vehicles and preparing documents related to the sale or lease. Special advertised offers reflect specific vehicle stock numbers listed in the supporting information for each offer and are available for well-qualified buyers with approved credit, may require financing or leasing through a particular financial services vendor, are for a limited time and subject to change without notice. All vehicles are subject to prior sale. Dealership is not responsible for internet malfunctions or typographical errors associated with online offers. Vehicle art depicted for the purpose of advertising and may not be representative of actual vehicles(s) in stock. Please see dealer for complete details.
FAQs
$7,500 EV Lease Bonus on All Volvo Recharge Vehicles
Does Volvo EV qualify for tax credit? ›
As a fully electric vehicle, the new 2021 Volvo XC40 Recharge is eligible for a tax credit of up to $7,500. Interested in buying one of our new Volvo plug-in hybrids?
How does the 7500 lease bonus work? ›
The credit goes to the company leasing out the vehicle — not the person driving it — and companies aren't required to pass the savings on to consumers. But companies typically do pass along the discount in the form of a bonus applied at the start of the lease.
What is the Volvo hybrid rebate? ›
Did you know that you can claim a federal tax credit when you buy an all-electric or plug-in hybrid Volvo model? All New Volvo Plug-In Electric vehicles are eligible for a credit, the new 2021 Volvo XC40 Recharge for example is eligible for a tax credit of up to $7,500.
What is the lease credit for Volvo EX30? ›
At present, up to $7,500 in Electric Vehicle Federal Tax Credits may apply to purchasing or leasing Volvo EX30.
What is the Volvo EV lease rebate? ›
You may qualify for a credit up to $7,500 if you lease a new, qualified plug-in electric vehicle.
What is the tax loophole in EV leasing? ›
The Leasing Loophole
So, as long as the vehicle qualifies for the minimal requirements included in section 45W, the lessor can file for the $7,500 tax credit, regardless of whether they are leasing the vehicle to an individual or a business. The lessor can then pass along those savings to the lessee.
What is the tax loophole makes EV leasing? ›
Consumers can get the $7,500 federal rebate on any EV, no matter where its parts are made, if they lease, which auto dealers quite like.
What is the EV tax loophole? ›
Now, the EV “Buying Loophole™”, a third patent-pending option, eliminates the purchase restrictions of Internal Revenue Code IRC 30D, allowing anyone (not just those making less than the $150k/$300k income limitations) to buy (not just lease) almost any EV (not just those assembled in the U.S. and with sufficient U.S. ...
Does the Volvo XC90 hybrid qualify for tax credits? ›
If you purchase or finance qualifying vehicle, the Volvo XC90 qualifies because it is over 6,000lbs GVWR, you can deduct the total purchase price from your gross income.
Discover a special loyalty offer for Volvo owners and lessees. With the Volvo Loyalty Bonus*, if you currently own or lease a Volvo, or have owned or leased a Volvo within the past 6 months, receive up to a $500 towards a lease and $1000 towards a purchase of a new 2024 Volvo .
Can CarMax buy my Volvo lease? ›
Please note that CarMax cannot purchase a vehicle currently leased through the following companies: Nissan Motor Acceptance, Infiniti Financial Services, Honda Finance, Southeast Toyota Financial, GM Financial, Ford Credit, Mazda Credit, World Omni, Volvo Financial, Lincoln Credit, Acura Financial, Hyundai Motor ...
Does Volvo lease include maintenance? ›
Volvo subscription is a flexible subscription lease program with an all-inclusive monthly payment**. This payment includes the usage of the vehicle, maintenance, and other common services related to vehicle ownership. Volvo also takes care of the insurance coverage†.
What is the price of Volvo EX30? ›
Volvo EX30 expected price will be ₹ 40.00 - 50.00 Lakh.
Which Volvo cars qualify for tax credits? ›
At Serra Volvo Cars of Traverse City, you can secure a $7,500 tax credit when you buy a Volvo C40 Recharge, a Volvo XC40 Recharge, or any other eligible vehicle! Volvo models qualify for this electric car tax rebate, unlike other popular EVs like Tesla, so you can reduce your emissions and spending all in one!
Does the Volvo XC90 qualify for the tax credit? ›
If you purchase or finance qualifying vehicle, the Volvo XC90 qualifies because it is over 6,000lbs GVWR, you can deduct the total purchase price from your gross income.
Does the Volvo EX30 qualify for tax credits? ›
Unfortunately, the Chinese-built EX30 won't qualify for any federal EV tax credits, a fact that won't change when production in Belgium comes online in 2025.
