Home / News / Luxury carmaker slashes prices by up to R271,000 – For a limited time

Luxury carmaker slashes prices by up to R271,000 – For a limited time

Volvo has announced that it is now offering a 15% discount on select models for a limited time in South Africa.

The promotion will run until the end of the month on 31 May 2025 at participating Volvo dealerships nationwide.

This means interested parties will need to act quickly to view their Volvo model of choice, as the promotion is only available for the next four days.

The carmaker stated that the discount is an opportunity for local motorists to own one of the brand’s premium SUVs at a more appealing price.

“This initiative reflects the Swedish brand’s commitment to making premium, sustainable motoring more accessible,” said Gresham Pillay, Commercial Manager at Volvo Car South Africa.

“This 15% discount reflects our commitment to delivering value alongside cutting-edge innovation. With our electric vehicle offers, there really isn’t a better time to buy a Volvo.”

The following table shows which models are affected by the 15% discount:

Click on the underlined links for more details on each model’s powertrain and specifications.

ModelBase List PriceDiscounted PriceDifference
Volvo EX30R835,500R710,175– R125,325
Volvo XC40R842,300R715,955– R126,345
Volvo XC60R988,400R839,140– R149,260
Volvo XC40 RechargeR1,108,000R941,800– R166,200
Volvo XC60 RechargeR1,314,000R1,116,900– R197,100
Volvo C40 RechargeR1,324,000R1,125,400– R198,600
Volvo XC90R1,532,500R1,302,605– R229,895
Volvo XC90 RechargeR1,807,300R1,536,205– R271,095

Importantly, the discount only applies to select model variants and does not include vehicle accessories or value-added products.

Guaranteed Future Value

In addition to the 15% price cut, the automaker plans to make electric vehicle (EV) ownership more accessible through the introduction of a new Guaranteed Future Value (GFV) plan across its roster of battery-powered models.

This includes the EX30, XC40 Recharge, and C40 Recharge, which will have a guaranteed trade-in value after 48 months, according to the automaker:

The GFV rates for each of these models is as follows:

  • Volvo EX30 – R9,999 per month
  • Volvo XC40 Recharge – R12,674 per month
  • Volvo C40 Recharge – R17,168 per month

Additionally, every purchase of a Volvo EV will include the installation of GridCars wall box home charger valued at R7,500, a R12,000 public charger voucher (valid for two years), and a complimentary three-year in-car data plan from Vodacom.

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