Volvo Rental Proves Successful
Published: 31st August 2003
To date there have been around 400 rentals booked through the scheme, which total more than 3,000 individual rental days, with an average short-term hire period of eight days.
Any current model Volvo (except the new XC902) could be offered for short-term hire, however availability and choice depends on which vehicles each dealership has on its rental fleet. Daily rental rates can start from £40 for an S40 to around £100 for a C70 Convertible and are inclusive of insurance and VAT, making them extremely competitive in the rental market. So far the most popular rental model has been the Volvo S40, however this summer has seen the C70 Convertible become a hot favourite.
Volvo Rental is now being rolled out across the dealer network and one more dealership has already signed up – Sturgess of Leicester. Several more dealerships are keen to come on board by the end of the year, as Volvo Rental establishes its profitability.
Steve Wright, Operations Director at Riverside in Hull is in charge of the dealership’s rental fleet and says: "We have been part of the scheme from the very beginning and it has been very successful so far. It started off fairly slowly, but once people started to hear about the service it really took off and in fact over the past three months we have seen a 60% increase in demand. We are confident that it will continue to be a popular service."
Volvo Rental is aimed primarily at companies needing a short term
increase in their fleet size. It also provides a solution for corporate
drivers opting out of their company car scheme who are waiting for
delivery of their own personal vehicle. It also enables members
of the general public the opportunity to hire out a different model
from their own, perhaps if they are looking to buy a new Volvo,
or simply needing to rent a car.
