Is your vehicle company owned?
Contract Hire
If your business does not want to own your vehicles outright, Contract Hire literally means you ‘hire’ your vehicle over a specified period of time – one, two, three, four or five years. You pay a deposit – usually the equivalent of three monthly rentals and then your monthly rental is calculated over your preferred period of time.
Finance Lease
Choose a finance period of one year to four years with Finance Lease which incorporates tax benefits and improved cash flow for your business.
Choose either ‘Full Payout’ or ‘Balloon’
Full Payout – no final rental
Balloon – by deferring a part of the vehicle’s value to the end of the agreement means your monthly rentals could be reduced
At the end of the agreement you sell the car on behalf of Volkswagen Finance or extend the lease.
Key benefits:-
- Tax benefits and improved cash flow
- You share in any of the proceeds from the sale if this price is greater than the final rental (equally you shoulder some of the negative equity if the sale price does not exceed the final rental)
Lease Purchase
Choose your funding term from one year to four years; choose your deposit amount which could be as little as one rental in advance; and agree an amount of the vehicle’s value that you can defer to the end of your agreement, which could reduce your monthly payments. At the end of the agreement your business can own the vehicle.
Spread the cost of service, maintenance and tyres Budget for servicing, maintenance and tyres or a combination of the three over one to three years and thereby manage your motoring outgoings more effectively.
- Helps you budget for servicing and maintenance costs, cutting the number of unexpected bills
- Regular servicing could help to boost the resale value of your Volkswagen
- Helps keep your Volkswagen commercial vehicle in the best condition for the road
- You can pay monthly by direct debit
- Choose the option that suits you best
Paying for the Unexpected
Should you befall the unexpected, have you given any thought to how you will manage your financial commitments?
Volkswagen Finance provides a range of products to ensure that some of the worry will be met in the event of sickness, accident or unemployment.
- Life cover, accidental death benefit and critical illness
- Life cover, accidental death benefit, critical illness and accident & sickness (disability benefit)
- Life cover, accidental death benefit, critical illness, accident & sickness (disability benefit), plus unemployment
Volkswagen Insurance
In our opinion, you’ve chosen the best marque on the road today so it stands to reason that you want your insurance provider to offer the very best product for your new pride and joy. It makes perfect sense to choose an insurance product specifically designed for your make of car – Volkswagen Insurance.
Volkswagen Insurance – the highlights:-
- Genuine Volkswagen repairs when using an authorised repairer
- Guaranteed new car replacement- if during the first year of registration your car sustains damage amounting to more than 60% of the retail price (including VAT)
- Courtesy vehicle – whilst your vehicle is off the road being repaired, regardless of who is to blame for the accident
- Child seat replacement – cover if the seat is occupied and damaged following a road accident
- Emergency overnight or travel expenses - if your car has been damaged or stolen, up to £40 per person paid for you and your passengers for overnight accommodation or for travelling home
- Volkswagen Insurance Enhanced – increased cover of up to £1,000 cover for replacement locks following loss or theft of keys and up to £1,000 cover for road rage or car jacking