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A lease purchase agreement enables you to purchase your Volkswagen, but keeps monthly payments lower, by deferring some of the loan to the end of the agreement.
When you make your final payment (the proportion of your loan and option-to-purchase fee) at the end of the contract, the car is all yours to keep or part exchange.
Alternatively, you can apply to re-finance the final payment (spreading the final lump sum cost over an agreed term with monthly payments) subject to your status and satisfactory payment history.
Solutions is the Volkswagen Personal Contract Plan, designed to help you keep all your options open.
You pay a deposit and fixed monthly payments over an agreed term then, at the end of your contract, you can either:
*Subject to mileage and Volkswagen Fair Wear and Tear guidelines.
Hire Purchase enables you to purchase your Volkswagen, without getting weighed down with a hefty payment up front. Instead, you pay a deposit and fixed monthly payments over an agreed term.
When you make your final payment (including option-to-purchase fee) at the end of the contract, the car is all yours.
Finance Lease is a rental agreement where you can choose to pay the entire cost over an agreed lease period or you can opt to pay lower monthly rental payments with a final rental payment at the end of the agreement.
Finance Lease customers do not have the option to own the vehicle at the end of the contract period.
The two different Finance Lease rental plans are:
Contract Hire is a straightforward hire agreement that does not have an option to own the vehicle at the end of the contract period. It is available for both personal and business customers.
You make fixed monthly payments (plus VAT) throughout the term of your agreement, then simply hand the vehicle back at the end of the contract.*
You will need to start thinking about ordering your next vehicle at least 6 months before the end of your current agreement to ensure you are not left without a vehicle.
Contract Hire customers also benefit from the Volkswagen Driverline service that provides you with a single contact number for all your motoring needs. Visit the Contract Hire section of our website to view available offers or call 0800 1384800 to talk to one of our team.
*subject to terms and conditions and Volkswagen Fair Wear and Tear Guidelines.
If you drive a new Volkswagen on contract hire, you are eligible for Volkswagen Driverline, a dedicated contact number for all your motoring needs including:
Fixed Cost Maintenance plans are monthly payment contracts designed to help you budget for the necessary costs of looking after your Volkswagen.
Your plan will be tailored to suit your needs and will be based around one of three levels of cover; service only, service and maintenance or service, maintenance and tyres. These plans are non extendable and can only run for the initial agreed period, we do however offer a range of service plans that could suit you and your vehicle.
When your car is due to have work carried out on it, just call us to get it booked in at a time suitable for you.
If you decide to sell your vehicle we can transfer the plan to the new owner if they would like to continue with it; all you need to do is supply us with their name and address and we?ll do the rest.
Before we deliver the vehicle, we will agree a mileage allowance with you. If you find you need to increase it, just ask us for a new quote. If you go over your agreed mileage you will have to pay an excess mileage charge at the end of the agreement.
If you have tyre cover as part of your Fixed Cost Maintenance agreement, please contact our chosen tyre partner with over 900 outlets nationwide as per details supplied within your welcome pack documentation.
MOT and Breakdown assistance
If you have the service and maintenance or service, maintenance and tyre cover, not only is an MOT included, but you are also covered for breakdown assistance throughout the duration of your plan.
If your car is written off, or stolen and not recovered, you won?t have to worry about finding the money to purchase a replacement Volkswagen if you have our GAP Insurance.
Volkswagen GAP (guaranteed asset protection) Insurance helps to bridge the gap between the settlement amount from your insurer and the original purchase price of your car or the outstanding finance.
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