The order books for the exciting new Volvo Aero open in December. Time for operators to consider if this new energy-efficient long-haul model fits into their business operations and time to make moves to plan the investment. According to the manufacturers, this new FH range has impressed its European customers since the debut earlier this year, with testing showing up to 5% improvements in efficiency.
Presenting a possible option to reduce operating costs with improved performance, is a Volvo Aero a possible inclusion in your fleet? Operators looking to buy a new Volvo Aero can speak with Jade Truck Loans to consider their financing options and estimates to be ready to place their order. While the new variants may not be available for delivery immediately, there can be benefits to assessing finance options well in advance. Obtaining finance estimates may enable an in-depth assessment of the affordability of the investment and better planning of the process of integrating these energy efficient vehicles into the business. Allowing time to phase out other vehicles and pitch for new business with the new vehicles.
Excitement Around Volvo Aero Launch Announcement
In announcing the Australian launch of this range, the Vice President of Volvo Trucks Australia Tom Chapman said the vehicle represented a critical step on the way to sustainable transport and lowering operators’ costs. The vehicle includes the I-shift transmission and a Euro 6 range of engines and electric drivetrain options.
Mr Chapman said that operators would have their particular vehicle tailored to their applications with the range of options in powerplants. He said the vehicle is smooth quiet to operate and includes safety features such as Pilot Assist and Front Short-range Assist which detects cyclists and pedestrians.
The company said that order books would open in December this year, with the vehicles built at the company’s Wacol QLD facility from the middle of next year.
New Volvo Aero – Key Features
Improvements to the aerodynamics are a key feature of the new FH variants. These have been achieved through the smoother, rounder shape of the front through extended the cab by 240mm. The result is reduced drag and reduced energy consumption whilst staying in the 26m B-double space.
Operators will be able to choose between 13L and 17L Euro7 ICE powerplants and the electric driveline. Ultimate fuel savings are considered to be achieved with the turbo-compound I-Save version which has a 500hp rating to produce torque of 2800Nm. The 13L 540 variant remains in the line-up, as well as the new D17 with a number of different ratings.
In the cab, operators can select from the sleeper and the Globetrotter options. Standard is the new CMS – camera monitor system. This feature fixed reverse panning, auto panning, zoom out features, and infra-red mode for when light conditions are low, and the heated lens activates to ensure clear viewing despite the weather.
If waiting for the new variants of the FH Aero don’t suit your upgrade timetable, consider models from the current range.
New Volvo Aero Financing Options
As mentioned, the company will be taking orders for these exciting new vehicles very soon. While finance settlement would not be required until delivery or final payment, which would be well into next year, providing exact finance quotes at this stage is not possible. But we can provide information, indications and estimates based on current rates to provide operators of financing options in order to place their order.
What may happen between now and vehicle delivery and loan settlement is market changes to interest rates and changes in the financial position and/or credit profile of the business. Both factors that could impact any loan offer.
What won’t change is the selection of loan facilities. These new vehicles may be financed with Lease, Rent-to-Own, Chattel Mortgage or Commercial Hire Purchase. Operators can review the features and benefits of each and discuss which will best suit their set-up with their accountant.
To provide finance indications and estimates, our brokers can assess your application now and establish your borrowing limit and estimate repayments based on your current profile and current interest rates. The process would be similar to a pre-approved loan. Pre-approved finance involves obtaining conditional approval for borrowing on a certain vehicle for a certain finance amount. Pre-approved loans have a timeframe after which they expire.
While a pre-approved loan would expire before mid to late next year, the estimates may provide valuable insights and information for business planning and ordering. Operators can also simply use our Truck Finance Calculator to work up rough estimates on financing based on our current rates.
Having a rough indication of affordability may provide direction as to whether or not to proceed with the order. If the indication is positive, the timeframe until delivery may allow operators plenty of time to plan their operation’s transition to the new vehicle. Working through ways to incorporate it into their fleet and how they may provide better service for customers.
To discuss your potential financing options on a new Volvo Aero, contact Jade Truck Loans on 1300 000 003.
DISCLAIMER: THIS INFORMATION IS ISSUED PURELY FOR THE PURPOSE OF GENERAL INFORMATION PROVISION. IT IS NOT TO BE TAKEN AS THE ONLY SOURCE OF INFORMATION FOR BASING FINANCIAL DECISION-MAKING. THOSE REQUIRING FINANCIAL GUIDANCE AND ADVICE SHOULD CONSULT WITH THEIR FINANCIAL CONSULTANT OR ADVISOR. NO LIABILITY IS ACCEPTED FOR ANY MISREPRESENTATION OF POLICIES, DATA OR ERRORS IN THIS CONTENT.
