Bank of America Corporation and Volvo Car Financial Services (VCFS) have announced the extension of their existing relationship to provide auto loan and lease origination, financing, and servicing for Volvo Cars customers and Volvo Cars' 280 U.S. retailers. The collaboration, which began in 2012, will now continue through 2030. Under this agreement, VCFS will continue to offer loan and lease products for new, used, and certified pre-owned Volvo vehicles, supported by Bank of America's underwriting and servicing platform. The extension aims to provide competitive rates and flexible financing options for Volvo Cars customers.
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