NEW VOLVO MODELS DO THE BUSINESS FOR COMPANY CAR DRIVERS
- Volvo S60, V60 and V70 Business Editions include satellite navigation, Bluetooth, High-Performance audio and rear park assist as standard
- Up to £3,000 price reduction will lead to lower Benefit-in-Kind tax bills for drivers
- High residual values expected on all Business models
Volvo Car UK announces the launch of Business Edition models in the S60, V60 and V70 line-ups with features aimed specifically at the business driver.
With a higher level of specification than the outgoing ES and ES Nav variants, which the Business Editions replace, the models have been designed to make choosing the best company car as straightforward as possible. Fitted with all the features business users demand, the Business Editions also boast a reduced price tag of as much as £3,000 compared to the ES which will automatically reduce a driver's annual Benefit-in-Kind tax liability.
In addition to the ES specification, the new Business Edition variant adds company car must-haves:
- Integrated satellite navigation system
- High performance multimedia audio system
- Rear park assist
Available to order from 13th August, Volvo developed the Business Editions following extensive feedback from its dealer network, corporate sales clients and residual value setters.
Volvo's Business Edition variants have been designed to appeal directly to business drivers by combining the right features and equipment, with the Benefit in Kind (BIK) benefits of low CO2 emissions and fuel consumption. Delivering a higher specification on the models compared to competitors was also very much a part of the objective in creating the Business Editions
The S60 Business Edition on-the-road price starts from £19,995 for the T3 version and from £21,195 for the comparative model in the V60 line-up; both represent a significant £3,000 reduction compared to the outgoing ES versions. The V70 D2 Powershift Business Edition starts from £24,995 on-the-road, representing a £2,925 reduction on the ES model.
Volvo National Corporate Operations Manager Selwyn Cooper comments: "The business community is vitally important to us at Volvo, particularly as we have seen an increase of nearly a third (32 per cent) of business users funding a Volvo through our contract hire and leasing facilities in the first six months of this year. In order to better represent their needs, we are launching our new Business Editions in the S60, V60 and V70 line-up to make it easier for company car drivers to identify the right model for them. The Business Editions replace our ES and ES Nav versions but add more equipment for a lower price tag which will be even more appealing to motorists who are continually looking at ways to reduce costs without compromising luxury and comfort."
Residual value setters CAP and KeeResources have received the new models positively and Volvo expects to see a higher residual value compared to the outgoing ES model which will be reflected strongly in the monthly rentals.
Volvo's newly launched comparison tool, available at volvocars.co.uk/compare, will be updated shortly to allow users to compare these increased value-for-money specification levels. An example of the increased Volvo offering, the S60 Business Edition and competitor details are as follows:-
|Model||Eng||PS||CO2||P11D||BIK 2012/ 2013||20% TAXPAYER||40% TAXPAYER||MPG|
|Volvo S60 D2 Bus Ed||1.6||115||114||£20,690||16%||£55.17||£110.35||65.7|
|BMW 316d Saloon ES||2.0||116||119||£24,825||17%||£70.34||£140.68||62.8|
|Volvo S60 D3 Bus Ed||2.0||136||114||£21,340||16%||£56.91||£113.81||65.7|
|BMW 318d SE||2.0||140||119||£26,926||17%||£76.29||£152.58||62.8|
|Audi A5 Sportback 2.0TDIe SE||2.0||136||117||£29,335||17%||£83.12||£166.23||64.2|
|Audi A4 Saloon 2.0TDie SE||2.0||136||112||£26,500||16%||£70.67||£141.33||65.7|
|Volvo S60 D4 Bus Ed||2.0||163||114||£22,340||16%||£59.57||£119.15||65.7|
|Audi A4 Saloon 2.0TDie SE||2.0||163||115||£27,520||17%||£77.97||£155.95||64.2|
|BMW 320d Saloon ED||2.0||163||109||£28,025||15%||£70.06||£140.13||68.9|
|Audi A4 Saloon 2.0TDi 177||2.0||177||120||£27,520||18%||£82.56||£165.12||61.4|
|Audi A5 2.0 Tdi 177||2.0||177||120||£28,720||18%||£86.16||£172.32||6.14|
|Vauxhall Insignia 5dr 2.0 CDTi ecoFLEX SE||2.0||160||129||£24,675||19%||£78.14||£156.28||57.6|
|Volvo S60 T3 Bus Ed||1.6||150||135||£19,820||18%||£59.46||£118.92||48.7|
|Audi A4 Saloon 1.8T FSI SE||1.8||151||151||£23,405||21%||£81.92||£163.84||43.5|
|BMW 3 series 320i SE||2.0||147||147||£25,675||20%||£85.58||£171.17||44.8|
|Merc C180 Blue Eff SE||1.8||157||157||£25,305||22%||£92.79||£185.57||42.2|