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Yes, electric Volkswagen models, including the ID.4, are available through Personal Contract Hire (PCH) agreements, subject to availability and finance approval.
No, maintenance isn’t included as standard with a Volkswagen Personal Contract Hire (PCH) agreement. However, you can add an optional maintenance package for an additional monthly cost, which typically covers servicing, tyres, and routine repairs.
Yes, most Volkswagen Personal Contract Hire (PCH) agreements require an initial rental payment, usually equal to several monthly rentals. The exact amount will depend on your chosen terms and the specific lease agreement.
If you exceed your agreed mileage allowance on a Volkswagen Personal Contract Hire (PCH) agreement, an excess mileage charge will apply. The exact rate is clearly detailed in your lease contract.
Yes, at the end of your Volkswagen Personal Contract Hire (PCH) agreement, you simply return the car and have the option to start a new lease on another Volkswagen model.
Yes, Personal Contract Purchase (PCP) finance is available on both new and Approved Used Volkswagen models, subject to finance approval and the vehicle’s age.
If your Volkswagen’s market value is higher than the Guaranteed Minimum Future Value (GMFV) at the end of your PCP agreement, the difference can be used as equity towards a new VW. Alternatively, if you sell the car privately after settling the finance, you can keep any additional value as profit.
Yes, you can part-exchange your Volkswagen before the end of your PCP agreement, as long as the car’s market value is higher than the settlement figure. Any equity can then be used as a deposit towards your next VW.
The Guaranteed Minimum Future Value (GMFV) is determined by Volkswagen Financial Services and is based on several factors, including the model, contract length, agreed mileage, and the car’s expected condition at the end of the PCP agreement.
No, at the end of a Volkswagen Personal Contract Purchase (PCP) agreement, you have three options: pay the final balloon payment to own the car outright, return the vehicle with nothing further to pay (subject to mileage and condition), or upgrade to a new Volkswagen.
Yes, Business Contract Hire (BCH) is available on both Volkswagen cars and vans, subject to finance approval.
Yes, monthly rentals on a Volkswagen Business Contract Hire (BCH) agreement are typically tax-deductible as a business expense. VAT-registered companies may also be able to reclaim some or all of the VAT, depending on the level of business use.
Yes, you can add a maintenance package to your Volkswagen Business Contract Hire (BCH) agreement for an additional monthly cost. This typically covers routine servicing, tyre replacements, and standard repairs, helping your business manage running costs more efficiently.
Business Contract Hire (BCH) allows you to drive a new Volkswagen without the large upfront cost of purchasing. It’s a cost-effective way to manage company vehicles, with fixed monthly rentals that make budgeting easier, and the option to include a maintenance package if needed.
No, with a Volkswagen Business Contract Hire (BCH) agreement, you simply return the vehicle at the end of the contract. Ownership does not transfer to you, as BCH is a leasing solution rather than a purchase agreement.
Yes, most Volkswagen Hire Purchase (HP) agreements require an upfront deposit. Paying a larger deposit will typically lower your monthly repayments and can make the overall finance deal more affordable.
Volkswagen Hire Purchase (HP) agreements typically run between 2 and 5 years, depending on the terms you agree with Volkswagen Financial Services.
Yes, you can request a settlement figure on your Volkswagen Hire Purchase (HP) agreement at any time. Settling early may reduce the total amount of interest you pay over the duration of the finance agreement.
Yes, once you’ve made all the payments on your Volkswagen Hire Purchase (HP) agreement, including any option-to-purchase fee, the car is yours to keep.
Yes, Hire Purchase (HP) finance is available on both new and Approved Used Volkswagen models, subject to finance approval.
