Finance Options
Whether you’re purchasing a vehicle through your business or privately, whether you’re looking to buy or lease, 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.
To read more about the options available to you, select from the menu on the left.
Instalment Sale
- This is an agreement between a buyer and a seller, used to purchase goods (like a vehicle), by repayments over an agreed period of time.
- The buyer is charged interest on the amount of the original price still to be paid.
- A business entering into an instalment sale agreement can claim the interest paid as an expense to the business. It can also claim the Wear and Tear Tax Allowance (depreciation) on the goods. This means that the interest paid and the depreciation are tax-deductible items.
The new National Credit Act came into effect on 1 June 2007. To find out more about this Act and how it may affect you, read the National Credit Act Summary.
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