With millions out of work, Volvo has made car payments one less thing for their customers to worry about.
There's no denying that the COVID-19 pandemic has affected industries large and small. It seems like every day there's a new round of layoffs or businesses that have been closed for good, leaving millions of men and women left with little to pay their bills.
Thankfully, many companies have been merciful during these trying times and have either forgiven any and all debts or have allowed for payment extensions. Volvo drivers that either own or lease are now provided with payment extensions courtesy of Volvo Car Financial Services (VCFS).
Volvo drivers who have leases within 30 days of expiring can extend their current leases for up to 60 days so long as they retain insurance. If drivers need a lease extension, lessees are encouraged to access their accounts online. Lessees who wish to return the car as planned need to get in touch with their Volvo dealer using the Volvo Valet app to coordinate drop-off or pickup. For Volvo owners and lessees who financed their vehicle outside of Volvo, they need to contact their lender or leasing company to assess their situation and determine which payment options are available.
There has been no shortage of kindness throughout this pandemic, particularly in terms of financial relief. In times of trouble, no act of goodwill is ever wasted and if an automotive giant such as Volvo can provide leeway to its customers, we should all be willing to follow suit.