Finance Options

 

Whether you’re purchasing a vehicle through your business or privately, whether you’re looking to buy or lease, or rent, whether you want to keep the vehicle for a long time, or trade it in – Volkswagen Financial Services offers a range of finance products to suit you.

Purchase Price
Additional Surcharges
Deposit
Balloon Payment
Interest Rate
Period
 
Principal Financed   
Estimated Monthly Installment Repayments  
Final Balloon Payment  
Total Repayments  
Total Finance Cost  
Terms and Conditions

The finance calculator is a form of loan simulator and is NOT AN OFFER by Volkswagen Table View, its management, employees, representatives, agents or affiliates of any kind. It is provided to you for information and convenience purposes only and does not constitute financial advice in any form or manner. It is a guide only, which is based on certain assumptions and approximations, and we do not guarantee the accuracy of any information thereof. Volkswagen Table View, its management, employees, representatives, agents or affiliates DO NOT ACCEPT RESPONSIBILITY for any errors or omissions whatsoever in relation to the finance calculator, and DO NOT ACCEPT LIABILITY for any loss, damage, inconvenience experienced or otherwise, caused in respect of any reliance on the finance calculator or information on this website. The finance calculator will not pre-qualify you for any loan programs whatsoever.

Actual instalments on loans obtained with financial institutions will vary depending on: the current prime interest rate; the financial institution's variables; the type, condition and age of the vehicle; your credit rating with the financial institution concerned; the respective initiation fees; and the time period between the effective date of the loan and the first instalment payable. Please note that you should seek appropriate financial advice before concluding any loan agreements.

Installment Sale

 

Under an installment agreement you buy an asset with a view to owning it at the end of the credit agreement. An instalment sale agreement may be structured to include a balloon payment; or the instalment payments can be equal over the entire agreement period, with no balloon payment. At the end of the instalment agreement, provided you have paid all amounts due, you will automatically become the owner and the title-holder of the asset. You need to contact Volkswagen Financial Services or we will contact you, to initiate change of title-holder and re-register the vehicle in your name.

 
 

The National Credit Act (NCA) implemented from 1 June 2007, does not govern true rental agreements. Ownership however will never pass to you.

 

A true rental agreement is a type of finance agreement where you are paying for the use of the asset. When entering into a rental agreement, you are not buying or leasing the asset with a view to owning it at the end of the credit agreement. At the end of the agreement you must return the asset to Volkswagen Financial Services. You must return the vehicle in good condition and within the agreed mileage restrictions and parameters. Should you exceed the restrictions you will be responsible for paying any restoration costs (except for fair wear and tear) and excess mileage costs.

 

Lease

 

Under a lease agreement, you lease an asset with a view to either returning the asset at the end of the credit agreement or, you can elect to take ownership of the asset on the conditions set out in the agreement (and once you have paid all amounts owing).

If you elect to buy the vehicle at the end of the agreement, (once you have paid all amounts due under the credit agreement) you will become the owner and the title-holder of the asset. You need to contact Volkswagen Financial Services or we will contact you, to initiate change of title-holder and re-register the vehicle in your name.

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