, 2019-10-22 00:09:34
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Financial Services FAQs.

We currently offer 12, 24, 36 and 48 months terms in conjunction with our Volkswagen Guaranteed Future Value Program.

Your Volkswagen Choice contract agreement has a maximum kilometre allowance which you agreed upon when you signed your contract. For example, if your agreed kilometre allowance is 30,000 and odometer reading is 20 at the time of the purchase; you can return the vehicle with 5,000kms/10,000kms/29,000kms on the clock with no issues. However, every kilometre over 30,020 is charged at 0.66 cents per kilometre and a payment authority needs to be completed for this charge before your vehicle will be accepted for return.

The Volkswagen Guaranteed Future Value Program is available across a range of new and demonstrator Volkswagen vehicles. Please talk to your local Volkswagen dealer to confirm which models are eligible for the program.

Yes. Factory fitted options, warranty and certain insurance products are eligible for inclusion under the program. Your Volkswagen Business Manager will be able to provide you with more information.

This takes into consideration a vehicle’s age, kilometres travelled and overall covering condition from mechanics to bodywork, electrics to upholstery and Fair Wear and Tear which is the amount of deterioration that would be reasonable^.

^The Volkswagen Choice Program consists of an option to return the vehicle to Volkswagen Financial Services (VFS)** at the end of the term and require VFS** to purchase the vehicle at an agreed price known as the Guaranteed Future Value or GFV as determined by VFS** and set out in your contract. At the end of the term, you can elect to: (1) trade-in the vehicle; (2) exercise the option to return the vehicle; or (3) retain the vehicle by paying the GFV. The GFV is not a representation by VFS** as to the likely market value of the vehicle as at the end of your contract. The option is available on new and demonstrator Volkswagen vehicles for selected models only. Please verify with your dealership the vehicles that are eligible for the program. The GFV will be reduced, and you will be liable for any loan contract deficit, if you exceed the nominated kilometre allowance and/or the vehicle is not in an acceptable condition in accordance with the Fair Wear and Tear Guide available at www.volkswagen.com.au. Other terms and conditions apply. The cost of the Volkswagen Choice Program is incorporated into the applicable interest rate. Please read the full terms and conditions. Please consider whether these products and services are appropriate for your circumstances. Before acting on any of the information on this page, please seek independent financial and tax advice. Full terms and conditions are available upon application. Available only to approved applicants of VFS**. Subject to credit assessment. Standard fees and charges apply. Fleet, government, rental buyers, hire car and chauffeur companies are excluded. Available at participating Volkswagen dealers. **VFS is a trading name of Volkswagen Financial Services Australia Pty Limited ABN 20 097 071 460. Australian Credit Licence 389344.