1622 Carling Avenue
Ottawa, ON   K2A 1C5
Multiple Security Deposit Lease
Multiple Security Deposit Lease

Cash Up front For Lease-Long Savings

Money talks, and nowhere does it speak more powerfully than with the advantages of our increasingly popular Multiple Security Deposit Lease. By making multiple-security deposit payments at lease inception, you can reduce your monthly payment.

Standard practice requires a security deposit of slightly more than the monthly payment amount. The Multiple Security Deposit Lease allows you to make up to ten additional security deposits. Each additional security deposit will lower your lease rate. And, a lower lease rate means a lower payment over the life of your lease!

When your lease terminates, provided that there are no excess wear and tear or excess kilometer charges, your additional security deposits are refunded in full or, at your option, can be used for the following:

  • Toward the purchase option price of your current Volvo
  • As a multiple security deposit on your next lease
  • As a capitalized cost reduction or down payment on a new Volvo lease or retail installment contract
  • Toward an Advanced Payment Option

Please contact your authorized Volvo Retailer for details. Minimum lease term may apply. See the Volvo Closed-End Lease Agreement for details.