A Credit Agreement is one of the simplest and most popular ways to finance a new or used Volkswagen. A Credit Agreement enables you to place a deposit towards the contract, either as cash or by using equity in your current vehicle as a trade-in.
Flexible terms are available including the option to have a balloon amount (larger final payment) built into your contract, giving you the ability to tailor the repayments to best suit your budget, as well as your vehicle trading cycle.
Personal & Business Lease
The advantage of a Personal or Business Lease is that it enables you to structure the contract by selecting a term and by agreeing a suitable residual value with us (residual value risk is carried by you). This allows you to tailor your monthly payments to suit your budget.
Since the payments are fixed and known in advance, you have firm control over your vehicle budget. After the lease period is over, the vehicle is returned to Volkswagen Finance. You then have the option to take out a new lease and upgrade your vehicle to the latest model.
For GST registered businesses
This flexible leasing plan for business users offers possible tax benefits while improving cash flow.
Volkswagen Operating Lease
Volkswagen Finance offers both Fully Maintained and Non-Maintained Operating Lease options on new and selected demonstrator Volkswagen vehicles. An Operating Lease can best be described as a long-term rental arrangement based on a term and specified kilometre allowance.
An Operating Lease allows you to easily budget your vehicle expenses, and your monthly rentals are fixed over the term of the lease. The Fully Maintained option makes forward planning a lot easier for you, as the monthly rentals include scheduled servicing, annual registrations, warrants of fitness, with options to include replacement tyres and puncture repairs.
All Operating Lease vehicles come with the peace of mind of a Volkswagen Mobility Guarantee (24-hour roadside assistance) and all servicing is conducted by professional Volkswagen trained technicians using genuine Volkswagen parts.
The Non-Maintained option allows you to take care of the service and maintenance costs as and when they occur, rather than having them included in your monthly rental.
Under an Operating Lease the vehicle is treated as an off-balance sheet expense which frees up your working capital. After the lease period is over, the vehicle is returned to Volkswagen Finance. You then have the option to take out a new lease and upgrade your vehicle to the latest model.