Used Volvo Finance
Looking to finance a used Volvo? AutoMoney Trust can help you spread the cost of models like the Volvo XC40, XC60, XC90, V40 and V60 with fixed monthly hire purchase payments.
A used Volvo can be a strong choice if you want comfort, safety, practicality and a more premium feel than many mainstream brands. Volvo is well known for family cars, estates and SUVs, with a reputation built around safety-focused design and long-distance comfort.
The XC40 can suit drivers who want a compact SUV, while the XC60 and XC90 offer more space for families. The V40 is a practical hatchback option, and the V60 gives estate-car space with a more refined feel.
Before applying for finance, check the exact model, mileage, service history, MOT record, tyre condition and insurance cost. Volvos can be strong used cars, but the individual vehicle still matters.
For wider budgeting, read running and servicing costs before choosing a used Volvo.
Used Volvos can be reliable when maintained properly, but service history is important. Many Volvo models are built for long-distance comfort and family use, so mileage, maintenance and previous ownership should be checked carefully.
Before applying for finance, check service records, MOT advisories, tyre condition, brakes, suspension, warning lights, infotainment, electrical features and gearbox behaviour. Larger SUVs such as the XC60 and XC90 can cost more to maintain than smaller models.
Hybrid and electric versions should also be checked for battery condition, charging history, warranty status and whether they suit your driving pattern.
For a wider used-car checklist, read our guide on choosing a second-hand car. If faults appear after purchase, problems with a financed car explains what to do next.
Volvos can cost more to maintain than some mainstream brands because they sit closer to the premium market. Servicing, tyres, brakes, parts and specialist repairs may cost more than on smaller budget cars.
Costs depend on the exact model. The V40 and XC40 may be more manageable than larger models such as the XC60 or XC90. Higher-spec trims, larger wheels, automatic gearboxes and hybrid systems can all affect ownership costs.
Before applying for finance, compare the monthly repayment with insurance, fuel, servicing, tyres, MOT costs and any maintenance that may be due soon.
If you are comparing borrowing costs as well as ownership costs, what APR means in car finance explains how finance costs are shown.
Volvo values depend on the model, age, mileage, condition, service history and market demand. Popular SUV models such as the XC40, XC60 and XC90 can remain attractive on the used market when they are well maintained and sensibly priced.
Hybrid and electric models may be affected by battery condition, charging history, warranty status and wider used electric car demand. Larger SUVs can also be sensitive to running costs, insurance and tyre prices.
If you are financing a used Volvo, remember that the total amount payable can be higher than the cash price because interest and fees may apply. Depreciation should be considered alongside the monthly payment and running costs.
If you already have a vehicle to move on, part-exchanging a car explains how condition and value can affect your next purchase.
Used Volvo finance customers often compare the XC40, XC60, XC90, V40 and V60 because each model suits a different type of driver.
The Volvo XC40 is a compact premium SUV that can suit commuters, small families and drivers who want a higher driving position without moving into a large SUV.
The Volvo XC60 is a mid-size SUV with strong family appeal, comfort and safety-focused design. It can suit drivers who need more space than the XC40.
The Volvo V70 is a large estate car with strong boot space, comfort and long-distance practicality. It can suit families, commuters and drivers who want more carrying space without moving into an SUV.
The V40 and V60 may suit drivers who prefer a hatchback or estate instead of an SUV. Before choosing a model, compare insurance, service history, MOT record, mileage, tyre condition and whether the car suits your normal journeys.
The Volvo XC40 is a compact SUV that’s popular with families, commuters, and first-time SUV buyers. It mixes stylish design with everyday practicality. You can get it as a petrol, diesel, hybrid, or fully electric model (called Recharge). Petrol versions can return up to 47 mpg, and the electric model offers up to 260 miles of range. Inside, there’s a 452-litre boot, which is big enough for pushchairs, shopping, or weekend luggage. The seats are comfortable with good legroom and headroom for adults and children. Safety tech comes as standard in most trims, making it ideal for families who want peace of mind on the road.
Open Volvo XC40 pageThe Volvo XC60 is a mid-size SUV with more space, comfort and refinement than the XC40. It suits families, longer journeys and drivers who want a safer, more premium used SUV. Petrol, diesel and plug-in hybrid versions may be available, so check fuel economy, charging needs, service history and overall running costs before choosing.
Open Volvo XC60 pageThe Volvo V60 is a practical estate car with strong boot space, comfortable seating and a premium feel. It suits families, long-distance drivers and anyone who needs space without choosing an SUV. Used V60 models can be petrol, diesel, mild hybrid or plug-in hybrid, so compare running costs and service history carefully.
Open Volvo V60 pageThe Volvo S60 is a stylish saloon with a comfortable cabin, smooth drive and strong safety features. It can suit professionals, commuters and drivers who prefer a saloon over an SUV or estate. Used S60 models may include mild-hybrid or plug-in hybrid versions, so check service history, battery condition where relevant and insurance costs before buying.
Open Volvo S60 pageThe Volvo V70 is a large estate car known for comfort, space and long-term durability. Although it is no longer in production, used examples remain popular with drivers who need a large boot and relaxed motorway comfort. Because many V70 models are older or higher mileage, check service history, suspension, tyres, gearbox and MOT records carefully.
Open Volvo V70 pageHire purchase is a common way to spread the cost of a used Volvo. You choose the car, agree the amount to finance, then make fixed monthly payments over an agreed term. At the end of the agreement, once all payments and the option to purchase fee have been paid, ownership can transfer to you.
Before applying, check your budget carefully. The monthly finance payment is only one part of the cost. You should also consider insurance, servicing, tyres, fuel, charging costs, repairs and whether the Volvo model you want fits your day-to-day use.
Our guide explains how HP finance works if you are new to hire purchase. You can also estimate your monthly payments with the finance calculator, then apply online when you are ready.
Finance is subject to status and affordability. Your individual rate and approval depend on a full assessment, not a representative example.
Remember: When buying any used vehicle, there’s always a chance that issues may come up later. If you’ve financed a car and start to notice mechanical problems, it’s important to contact both your finance provider and the dealership where you bought the vehicle. Acting quickly can help get the issue resolved and protect your rights.
Yes, you can apply for used Volvo finance through AutoMoney Trust.
There's a varied selection of Volvos on the used market, including saloons and estates such as the S60 and V60, alongside SUVs such as the XC40 and XC60. Older models, including the V70, can also be found if you're looking for a traditional Volvo estate.
The range of available powertrains is equally broad. Depending on the model and age, used Volvos can include petrol and diesel engines, plug-in hybrids and fully electric versions. This gives you the option to choose a vehicle that fits both your practical requirements and the way you drive.
You can explore your potential finance options before deciding on the exact Volvo you want, then search for an eligible used vehicle within your budget.
Finance is subject to status, affordability checks and our lending and vehicle criteria. You can use the finance calculator to estimate example monthly repayments before applying.
The best used Volvo to finance depends on whether you prefer a saloon, estate or SUV, as well as how much passenger and luggage space you regularly need.
The Volvo XC40 is the more compact SUV option and may suit drivers who want a higher driving position without choosing a particularly large vehicle. The XC60 provides additional cabin and luggage space, making it a useful middle ground for families who want a larger SUV.
If you need three rows of seats, the Volvo XC90 is the model to consider. Its seven-seat layout can make it better suited to larger families or drivers who regularly need to carry more passengers.
You don't necessarily need an SUV to get plenty of practicality from a Volvo. The V60 combines a lower estate-car driving position with generous luggage space, while the S60 may appeal if you prefer the shape and driving experience of a saloon.
Older V70 estates are another option on the used market and are particularly well known for their large, practical load areas.
When comparing Volvo car finance, consider whether you'll actually benefit from the size and additional seating of an SUV or whether an estate or saloon would better suit your everyday driving. The most suitable Volvo is the one that provides the space you'll regularly use without adding size you don't need.
Some Volvos can be more expensive to run than mainstream alternatives, but costs vary significantly across the range. A straightforward older estate and a newer high-specification plug-in hybrid SUV, for example, have very different ownership requirements.
Many newer Volvos use mild-hybrid or plug-in hybrid technology. With a plug-in hybrid, your charging habits can influence fuel costs considerably. Regularly charging and making use of the available electric range may suit some drivers, while relying mainly on the petrol engine can produce a different cost profile.
Specification matters too. Volvos are premium cars and higher-specification versions may have larger alloy wheels, more complex technology and additional equipment. Performance-oriented versions can introduce further differences in fuel consumption and replacement costs.
Vehicle size also has an impact, but it's worth considering what you're getting for that additional cost. An XC90, for example, provides seven-seat capability, whereas a V60 may provide sufficient luggage space for someone who doesn't need the additional seats or SUV proportions.
If you're considering Volvo car finance, research the exact engine, powertrain and specification rather than assuming all Volvos are expensive (or inexpensive) to own. The differences between individual versions can be substantial.
Before financing a used Volvo, check exactly which engine, powertrain and equipment level you're considering. Volvo models can have extensive safety and driver-assistance technology, so it's worth confirming that the features fitted to the individual car operate correctly.
Test equipment such as the parking sensors, cameras, adaptive cruise control and other driver-assistance systems where fitted. Dashboard warnings relating to these systems shouldn't be ignored, as diagnosing technology-related faults can require specialist attention.
If you're considering a plug-in hybrid Volvo, find out what information is available about the high-voltage battery and hybrid system. Check that the charging cable is supplied, confirm the car charges correctly and consider whether its available electric range is suitable for your typical journeys.
On an XC90, check the operation and condition of all three seating rows if seven-seat capacity is important to you. With estates such as the V60 or V70, inspect the load area and folding-seat mechanisms, particularly if practicality is one of the main reasons you're choosing the car.
Before applying for Volvo car finance, make sure the individual vehicle's technology, powertrain and configuration meet your requirements, rather than basing your decision solely on the model or trim name.
