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The Volvo P1800 (pronounced eighteen-hundred) is a 2+2, front-engine, rear-drive sports car manufactured and marketed by Volvo Cars between 1961 and 1973. Originally a coupé (1961–1972), it was also offered in a shooting brake configuration toward the end of its production (1972–1973).
However, Volvo took greater interest in Gordon and his P1800S as the car approached 1,000,000 mi (1,600,000 km) on the road, gifting him a new Volvo 780. Gordon drove the 780 for around 450,000 mi (720,000 km) before selling it. [1] [2] He was gifted a second car, a Volvo C70, after passing 2,000,000 mi (3,200,000 km). [4] [7]
If the owner defaults on the payments, the finance company has the legal right to repossess the vehicle. At the end of the agreement, the customer either pays the balloon payment and takes full ownership of the vehicle, or the vehicle is returned to the finance company without any further liability. [1]
Owner financing agreements can be structured in a number of ways, including as a second mortgage, a rent-to-own contract or a wraparound loan. Owner financing tends to benefit the seller more so ...
Volvo reported strong sales from all three core global regions. Sales in Europe rose 10% in 2015 to 269k, representing over 50% of total global volume. Volvo's revival in the US gained momentum, with sales up 24% in 2015, while China was flat amid a challenging sales environment, but sales were up 11% in the fourth quarter. [42]
Volvo, owned by China’s Geely, reported deliveries surged in 2023 to 708K cars, resulting in SEK 399.3 billion ($38.37 billion) in revenue, a 21% jump from a year ago.
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