The feature provides you with a simple overview of the actual costs you incur with car sharing through Volvo On Demand and compares them to what you would have spent on owning or leasing a car. By analyzing your previous travel expenses, you'll get an estimate of the potential financial benefits that Volvo On Demand can offer you.
How to Use the Feature
To access the feature, open the Volvo On Demand app, go to your account, and scroll down to Bookings. There, you will find "Compare Your Costs."
Customize Your Costs: Adjust your individual vehicle expenses to reflect your specific needs. You can modify parameters such as: Parking Costs: Enter the amount you typically spend on parking fees. Depreciation: Customize this based on the estimated depreciation of your previous car. Fuel Costs: Specify your average monthly fuel expenses. Other Costs: Add any additional costs associated with owning or leasing a car.
Compare and Analyze: After entering your customized cost items, the "Compare Your Costs" feature will provide an estimate of your potential savings compared to owning or leasing a car.
Fine-Tuning: For an even more precise comparison, you can configure different aspects of ownership costs, allowing you to improve your calculations based on your unique situation.
Benefits of the Feature
Transparency: It makes hidden costs associated with car ownership more transparent, so you know exactly what you're actually paying.
Customization: You can tailor the cost items to match your specific financial situation. Insights on
Savings: Gain valuable information about how much money you can save by using Volvo On Demand instead of owning or leasing a car.