One of the country’s largest banks and a luxury OEM’s captive are going to keep working together.

Volvo Car Financial Services and Bank of America on Tuesday announced the extension of their long-standing relationship to provide auto loan and lease origination, financing, and servicing for Volvo customers and the automaker’s 280 U.S. retailers.

The OEM and the bank highlighted that the collaboration that began in 2012 will now continue through 2030.

“Bank of America has been a trusted partner for over a decade, assisting Volvo Cars customers in financing and enjoying their vehicles,” Volvo Car Financial Services president Robert Manna said. “By extending this relationship through 2030, we are reaffirming our commitment to providing competitive financing options and a high-quality experience for both customers and retailers.”

Through the strategic alliance, Volvo customers can benefit from Bank of America’s proprietary underwriting capabilities and servicing platform, offering highly competitive loan and lease products for new, used, and certified pre-owned Volvo Cars vehicles.

“We are thrilled to extend our strategic partnership with Volvo Cars,” said Roger Boschulte, head of vehicle and home lending products at Bank of America. “This extension reinforces our shared focus on delivering a smooth and flexible financing experience designed to make vehicle ownership easy and accessible.”