| After spending months deciding on the perfect VW | | | | the most popular as it allows you to control how |
| deciphering the best model, colour and extras, you | | | | much you repay usually over 3 or 5 years and when |
| have finally made your decision. When you sit down | | | | all the payments have been made, you own the car |
| with the VW car salesperson they ask about which | | | | yourself. There are also two options here, either |
| VW finance option option you have chosen, you | | | | getting the car loan from the VW dealership or |
| realise you hadn't even thought about it! | | | | sourcing it yourself from a bank. The most popular |
| Choosing which car financing method suits you can | | | | choice is to get the loan from the VW dealership as |
| be almost as confusing as choosing the car itself and | | | | it is the easiest way. |
| takes some consideration. In general there are three | | | | The final option is leasing the car, in which you will |
| options you can choose from. These are: | | | | also need to fill out a credit application. With this type |
| 1. Buying the car outright | | | | of financing, you pay a sum of money upfront then |
| 2. Getting an auto loan to pay for the car | | | | decide on the length of the lease and make |
| 3. Leasing the car | | | | repayments on the loan monthly. However, when |
| Buying the car outright - This is the best way to buy | | | | leasing a car there is a residual price on the car. When |
| a car, however the least popular. Choosing this option | | | | all the repayments have been made you can decide |
| is only viable if you have all the money to purchase | | | | whether to pay this residual price and buy the car, or |
| the car upfront. An advantage of this type of | | | | get you deposit back and place it down on a new |
| purchase is that there are no repayments, interest or | | | | car to start a new lease. If you decide to trade your |
| loans involved and you can drive away owning your | | | | car in for a newer one, you may find you get |
| VW straight away. However very few people have a | | | | charged for wear and tear. |
| lump sum of money which they can spend all at | | | | With all these options there are advantages and |
| once, therefore other options are usually more | | | | disadvantages. When deciding on which VW finance |
| favourable. | | | | option is appropriate, you should take the time to |
| If you decide you want to buy the car but don't | | | | decipher which is the most suitable for you in the |
| have all the money upfront, you can fill out a credit | | | | long run. At all VW dealerships including VW Guildford, |
| application to get an auto loan and decide on | | | | there will be experts on hand to help you decide |
| manageable repayments. This type of car financing is | | | | upon the correct financing option for you. |