If you’ve been considering a switch to electric or hybrid driving, now is the perfect time. At Smothers European Volvo Cars, qualified customers can receive up to $7,500 in lease bonus cash on select Volvo Recharge models, including plug-in hybrids and fully electric vehicles. 

What Is the EV Lease Bonus?

The EV Lease Bonus is a manufacturer incentive available to customers who lease eligible Volvo Recharge models through Volvo Car Financial Services (VCFS). Unlike traditional tax credits, this bonus is applied upfront, reducing your lease cost immediately.

Eligible Models

Smothers European Volvo Cars offers a wide range of eligible vehicles, including:

These models offer cutting-edge technology, luxurious interiors, and impressive fuel economy—some reaching up to 58 MPGe.

Who Qualifies?

To qualify for the lease bonus:

  • You must lease through VCFS
  • Meet credit approval standards
  • Lease a new, untitled Recharge model
  • Take delivery by September 30, 2025

View all current incentives to see which models are eligible.

Why Lease Now?

The EV Lease Bonus is set to expire on September 30, 2025, and inventory is limited. Leasing also allows you to:

  • Avoid long-term depreciation
  • Upgrade to newer tech every few years
  • Benefit from lower monthly payments

Additional Offers

Volvo also offers loyalty bonuses and Costco member incentives. For example, Costco Executive members can receive up to $3,000 on select models like the EX90.

Ready to Drive Electric?

Explore our Recharge lineup and schedule a test drive today. You can also apply for financing online to get started.

Categories: New Inventory