2016 Volvo XC90 wait times hit three months
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Volvo has a problem on its hands. Its new聽, which starts at $49,895 (with shipping), is generating plenty of excitement from buyers, but with wait times of up to three months, the Swedish automaker is in danger of losing them to competitors with聽聽ready to roll.聽
To insure these customers don't jump ship, Volvo has partnered with Enterprise Rent-A-Car to offer a聽subsidized聽rental program which allows buyers聽聽while waiting for their new XC90. According to聽(subscription required), it's unclear exactly how much of the tab the automaker will pick up, but between Volvo's contributions and聽incentives from local dealers, some buyers could see bills as low as $300 per month.
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Primarily, the program is designed as a stopgap to insure drivers at the end of a lease agreement wouldn't be pushed to another marque鈥攐r potentially face months without wheels. 聽
The XC60s will come straight from dealer lots, and will eventually be returned there after their time in the rental fleet is complete. How popular the program will be鈥攁nd whether the rental history will spook future buyers鈥攔emains to be seen. But with 4,000 XC90s already pre-sold, Volvo had to move quickly to address its聽shortage, and other automakers are no doubt keeping an eye on the innovative program's potential. 聽
We'll know in a few months whether it's a success or not. Stay tuned.