Published on May 20th, 2022 | by Subhash Nair


Volvo Car Malaysia Works With RHB To Bring Better Financing Rates And Options For Customers

When it comes to financing Volvo Cars in Malaysia, customers can now look forward to new benefits.

Volvo Car Malaysia are working with RHB Bank Berhad to bring new financing options for their customers via Volvo Car Finance.

RHB Banking Berhad and Volvo Car Malaysia CEO and MD

Volvo Car Finance will provide new benefits for customers including:

  • Financing rates as low as 1.88% per annum for all Volvo vehicles across all tenures
  • Financing period of up to 9 years
  • A maximum facility of RM500,000
  • The option to embed a Premium Maintenance and Accessories Package into the financing facility
  • Facilities that are similar to housing loans, allowing for a reduction of principal balance and profit charges

Volvo Car Malaysia currently sell the XC40, XC60, XC90 SUVs, the S60 and S90 sedans, and the V60 station wagon. Their powertrains range from pure petrol turbos (XC40 T5 AWD), to mild hybrids (XC60 B5 AWD), to plug-in hybrids (XC90 T8 AWD) and even to a battery electric model (XC40 Recharge Pure Electric P8). Prices range from RM230,091 to around RM400,000 with accessories for a fully-loaded XC90 T8 AWD. All Volvo models sold by Volvo Car Malaysia are locally-assembled at their Shah Alam plant, which is one of the longest running CKD plants in Malaysia.

Volvo Daqing plant China
Volvo Cars manufacturing plant in Daqing, China

“With favourable financing rates and monthly instalments, owning a Volvo vehicle of choice has never been as hassle-free as now for Malaysians. Through Volvo Car Finance, we empower our customers to embark on an ownership experience that is personalised for them, as Volvo continues to offer luxury designed for safety and sustainability – all of which are the needs of discerning customers today,” said Charles Frump, Managing Director of Volvo Car Malaysia.

Jeffrey Ng, Managing Director of Group Community at RHB Banking Group, said “we are excited about what this partnership will bring and look forward to supporting Volvo customers with the flexibility of owning a Volvo vehicle that they desire by offering them preferential rates.”

For more details on Volvo Car Finance, please visit, contact any Volvo car authorised dealer near you.

Volvo Car Finance is available at all Volvo authorized dealerships.

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