Vw Car Finance Agreement

Payment remaining optionalComple your refunds by setting aside an amount until the end of your contract (the optional final payment) If the vehicle is sold for more than that needed to pay your financing, you will receive 100% of the deductible, but if there is a deficit, we will charge you the difference. As with all forms of rental purchase, the car is legally the property of Volkswagen Financial Services Ireland (although it is registered in you, the name of the customer), until the final payment in liquidation of the PCP contract. You can request a refinancing of your balloon here, and it is important to note that this leads to a new financial application and a credit check. Flexibility at the end of the agreement to choose between 3 options A contract lease does not offer any option to own the vehicle. However, when the agreement expires, our british Car Auctions agents will be able to put the vehicle up for sale. For more information, you can contact the BCA Driver Sales team on 01625 417991 or visit www.purchasemyvehicle.co.uk. 2. Keep the current vehicle – pay the last instalment plus the “call option fee” and the car belongs to you. You can also discuss with a Volkswagen Financial Services Ireland customer manager ways to renew the current financing contract and repay the balance (GMFV) over an agreed period; When your contract ends, your vehicle will be subject to an end-of-contract check by our debt collectors. All in stock and available today, you can find your next vehicle, receive an immediate offer and order online.

You also have the support of our dedicated finance team on the phone. If you need to renew your contract for a longer period, we offer a formal extension of 6 or 12 months with a revised monthly rent. To find out more, do not hesitate to contact us. If, at the end of your contract, you decide to sell your car either to a car dealer or privately, the difference between the sale price of the vehicle and the agreed GMFV will be called your capital. A deferred payment is an agreement that allows you not to make payments for up to 3 months. During this time, your agreement will not be considered in default or report any negative impact on your credit report. Applications for deferral of payment shall be subject to an aptitude check; This is to make sure that your financial situation does not deteriorate due to your personal situation. You can find more information on our Volkswagen Financial Services FAQ page here. PCP Solutions is an easy way to keep your options open. We agree in advance on a future value for your car based on how much you drive. At the end of your contract, you can exchange, keep or return your Volkswagen for a new one without having to worry about the value it will be worth at the end of your contract.

Make a one-time payment or refinance the last installment and take care of the car. At the end of your agreement, you have the opportunity to fall into your “secondary hiring phase”. When you purchase our Finance Lease Balloon product, the balloon must be paid for in full by yourself. The secondary term consists of an annual rent (also known as the “Peppercorn” rent) for a maximum period of 5 years. The vehicle can be sold at any time during the 5 years of the second rental period, which in turn must go to third parties. If we have already confirmed to you by email that you have successfully met our eligibility criteria, we must now decide whether a payment deferral is appropriate given your particular situation, by e.B the remaining duration of your agreement with us. .

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