PenFed Credit Union and TrueCar Partner with Volvo Car USA to Provide PenFed Members with Preferred Pricing and Incentives on New Volvo Vehicles

• The Volvo PenFed Member Offer provides qualified PenFed members preferred pricing and cash incentives toward the purchase of a new Volvo vehicle
• PenFed members are eligible to receive $1,000 Military Purchase Bonus Cash on eligible 2019 and 2020 model-year Volvo vehicles, in addition to transparent Affinity Program Pricing 
• Preferred Volvo pricing offers are available through January 2, 2020 and are available to any PenFed member who has been a member for at least 30 days.

SANTA MONICA, Calif., Dec. 05, 2019 (GLOBE NEWSWIRE) --  PenFed Credit Union, TrueCar and Volvo Car USA have partnered on a private targeted incentive program that provides preferred pricing and other incentives for PenFed members. 

The Volvo PenFed Member Offer is available now until January 2, 2020 through the PenFed Car Buying Service powered by TrueCar. PenFed members are eligible to receive $1,000 Military Purchase Bonus Cash on purchased vehicles, plus transparent Affinity Program Pricing, which is equivalent to Volvo’s employee pricing. The offer is valid at any Volvo dealership nationwide.

“We’re excited to add another money- and time-saving benefit to the PenFed Car Buying Service members shopping for a new vehicle,” said Ivan McBride, Vice President Auto Lending Product Sales at PenFed. “PenFed members considering a new Volvo can confidently purchase the vehicle, knowing they are getting an exceptional deal.” 

Special incentives are available for PenFed members on select 2019 and 2020 Volvo models, including the popular XC40 luxury compact SUV.  

“Volvo Car USA is pleased to participate in this special offer for PenFed members in partnership with TrueCar,” said Russell Datz, National Media Relations Manager at Volvo. “We hope this is just the first of many great benefits PenFed members will enjoy as they become a part of the Volvo family.” 

To activate the offer, PenFed members will need to login to their online PenFed account. Members can visit PenFed.org and navigate to the PenFed Car Buying Service or alternatively they can visit the PenFed Car Buying Service directly and will be prompted to login using their credentials to validate their membership. Once validated, members can search for a new Volvo and will be prompted to generate a unique offer PIN that will be emailed to them, along with a form, to take to the dealership. Members can also navigate directly to the Volvo offer page to generate their PIN.*