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Discussion Starter · #1 ·
My better half has decided to join the Volvo family I was wondering if anyone was taken advantage of the first payment credit deal. Is there a requirement to keep the loan open for some period of time before paying it off? Can you take the first payment credit then just pay off the loan?
 

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My better half has decided to join the Volvo family I was wondering if anyone was taken advantage of the first payment credit deal. Is there a requirement to keep the loan open for some period of time before paying it off? Can you take the first payment credit then just pay off the loan?
You will have to check with the retailer and/or what the rules are within your state of residence.
 

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Discussion Starter · #3 ·
Interesting. I hadn't considered that it might vary. Thanks.
 

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Don't forget the first payment is MOSTLY interest anyway.
 

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I bought a new XC60 last month and I took the deal. I was told you have to make 4 payments at minimum. Volvo makes the first and you make the next three and can then pay it off in full by the third. If you want you could pay 90% with the first payment and the next two split the rest.
 
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