Finance annual percentage rates (APRs) for those funding purchases with a personal contract plan (PCP) from Volkswagen Financial Services are reduced for many models, compared with APRs in the first quarter of 2023. Other models have larger deposit contributions to help reduce costs for customers – and some models now have both lower interest rates and higher deposit contributions.
There’s good news in particular for anyone buying a Volkswagen SUV.
The popular T-Cross is now available with a PCP APR of 6.9 per cent (previously 7.9 per cent) and its deposit contribution has doubled from £250 to £500.
The T-Roc – currently the UK’s best small SUV according to What Car? – now comes with a £2,000 deposit contribution, while the T-Roc Cabriolet is available with a reduced 7.5 per cent APR and sizeable £2,750 deposit contribution (was £750) – just in time for summer. Meanwhile, the Touareg’s deposit contribution has doubled from £1,000 to £2,000.
All variants of the Tiguan, Volkswagen’s best-selling model worldwide, now come with a £750 deposit contribution and a reduced APR of 7.5 per cent.
Finance APRs are down to 7.5 per cent for Golf customers, most of whom also get a generous £1,500 deposit contribution (was £1,000).
Electric vehicle (EV) customers are also benefiting from Volkswagen’s latest offers: ID.4 and ID.5 APRs remain a low 4.9 per cent with deposit contributions of £250 and £500 respectively, while ID.3 APRs have dropped to 7.5 per cent.
Last, but not least, Motability customers can now order more Volkswagen models than they could previously. The introduction of the new ID.3 and ID.4 completes the brand’s EV offering on the scheme; the T-Cross returns to the scheme and the ever-popular Tiguan and Tiguan Allspace are still available to order.