Quote:
Originally Posted by segakid
Thanks. It's great to get this insight. Can you help us understand why, when they have changed the model recently, has the discount suddenly dropped so much? Is it a case of expected demand for the new model being high?
Also in terms of the finance deposit contribution, who sets that?
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Hi,
As I touched on above:
"For whatever reason when Carwow took off the older variants and replaced with the new ones they haven't replicated the discount levels" - so was basically more of a system issue I think than people actually wanting to reduce the discounts.
The deposit contributions are set by Volvo UK / Volvo Cars Financial Services - they are usually reviewed quarterly but we did have a change from 1st September and will likely have another at the start of Q4 (1st October)