Key Tips and Information About Volkswagen Financing and Leasing

Embarking on the journey of acquiring a Volkswagen is an exciting moment that brings with it the consideration of financial planning. Volkswagen Finance offers comprehensive options, ensuring that the route to your new vehicle is as smooth and tailored as the drive itself. There are multiple ways to purchase your new Volkswagen sedan, SUV, or electric vehicle. Below, we explain these options and highlight the main advantages of each with the hopes that this will help you make a more informed decision.

Financing Your Volkswagen

Volkswagen financing is about paving a direct path to ownership. It's designed for drivers who see their Volkswagen as more than a vehicle it's a long-term companion on the road. Financing with Volkswagen allows you to:

• Borrow the Full Purchase Price: This includes extras such as Protection Plans, accessories, and fees, with taxes calculated on the full purchase price of the vehicle.
• Registered Ownership: While you pay your monthly installments, you are the registered owner, and upon completion, the vehicle is entirely yours.
• Customizable Payments: You can tailor your monthly or biweekly installments to suit your financial situation, with the first payment due 30 days after taking delivery.
• Personalization: Tailor the term, repayment structure, and more to suit your individual needs.
• Upgrade Flexibility: You have the freedom to explore upgrading to a new Volkswagen with your dealer anytime during or at the end of your fixed term.

Leasing Your Volkswagen

Leasing a Volkswagen is about enjoying the latest in design, safety, and technology while maintaining financial flexibility. It's perfectly suited for those who enjoy driving a new vehicle more often. With a Volkswagen lease, you can:

• Enjoy Lower Monthly Payments: These payments are typically lower than finance payments on the same vehicle, calculated based on a pro-rated amount plus any extras, with taxes only on the monthly payment.
• Non-Ownership with Benefits: While you don't own the vehicle during your lease term, at the end, you have the option to buy your Volkswagen for a predetermined price or return it.
• Tailor Your Lease: Customize your term, kilometre allowance, and more to suit your personal situation.
• 4. Upgrade at Term End: At any time during or at the end of your lease term, you can explore upgrading to a new Volkswagen with your dealer without any early payout penalty.

VW Select: A Unique Financing Option

VW Select is a unique financing plan that combines the benefits of both financing and leasing. It allows you to:

• Enjoy Low Monthly Payments: Similar to leasing, VW Select offers low monthly payments.
• Flexible End-Value: On the due date of your final installment, a pre-determined end-value amount becomes due, offering a different approach to completing your financing contract.
• Ownership: Like traditional financing, you are the registered owner while you pay your monthly installments, and full ownership is yours upon completing the final installment and the VW Select payment.

Lease Return Guidance with Volkswagen Plus

As your lease period nears its conclusion, planning your next steps is made effortless with Volkswagen Plus. This exclusive platform not only eases your transition but also offers an array of members-only perks.

Seamless Transition with Personalized Support

Eight months before your lease ends, Volkswagen Plus provides a personalized End of Lease microsite. It's your comprehensive guide, outlining the lease-end process and detailing the options available for your next journey.

Your End-of-Lease Options

As your lease concludes, Volkswagen presents three tailored pathways to suit your preferences:

• Transition to a New Volkswagen: Ready for the latest model? Your dealer is on hand to guide you through the transition, from pre-inspection to test-driving your next Volkswagen.
• Purchase Your Current Volkswagen: If your current Volkswagen has won your heart, discuss the buyout process with your dealer and make it yours permanently.
• Return Your Volkswagen: Need a change? Arrange your final inspection, set a return date with your dealer, and explore new horizons.

Should I Lease or Finance My New Volkswagen?

Deciding between leasing and financing depends on your driving habits, financial goals, and how often you prefer to change your vehicle. Leasing offers the benefit of driving a new Volkswagen more often with lower monthly payments, while financing is ideal for those looking to build equity and keep their vehicle for an extended period.

Volkswagen Plus and Online Tools

Volkswagen enhances your financing or leasing experience with tools like Volkswagen Plus, which provides access to exclusive benefits, special offers, and efficient online management of your account. It ensures that the journey to your Volkswagen is as rewarding as the destination itself.

Discover all of the ways you can enjoy the unique driving experience of Volkswagen by getting in touch with our financing experts today at Northland Volkswagen.