Rear shot of a yellow Volkswagen T-Roc, on a dark brick road.

Personal finance options explained

Volkswagen finance made simple

Finance doesn’t have to be complicated. If you’re unsure what Representative APR means, or you want to know the difference between Personal Contract Hire and a Personal Contract Plan, you’ve come to the right place. You’ll also find details about tax free sales, which could allow you to buy a new car without having to pay tax if you intend to drive it outside the UK. We’ve put together a range of videos to help guide you through our finance options, scroll down to take a look.


Solutions Personal Contract Plan Explained

For personal customers

Solutions PCP is our flexible finance plan designed to allow you to drive a new or used vehicle sooner than you may think

- Flexible deposit
- Fixed monthly payments
- Agreed future value
- 3 options at the end - Keep it, change it or own it


Hire Purchase Explained

For personal customers

Hire Purchase is a simple and straightforward way to finance your Volkswagen

- Flexible deposit
- Fixed monthly payments
- Ownership at the end of your agreement


Personal Contract Hire (PCH) Explained

For personal & business customers

Contract Hire is a rental agreement that allows you to drive a Volkswagen without needing to own it

- Fixed initial rental
- Fixed monthly rentals throughout the term
- Hand the car back at the end of your agreement


Representative APR Explained

APR stands for the Annual Percentage Rate. The Representative APR indicates the annual costs applied to your loan (including not just the rate of interest but also any fees). All lenders have to calculate the APR in the same way, making it a reliable way to compare the costs of different loans.


APR (Annual Percentage Rate) Explained

APR stands for Annual Percentage Rate and is a way of indicating the amount of interest you will have to pay over a year.


Optional Final Payment Explained

Some finance types give you a future value your car will be worth at the end of your finance agreement, this is called the optional final payment or guaranteed future value and it does just that. By giving you protection that your vehicle will be worth this amount as a minimum at the end of your finance term.


Finance Equity Explained

Equity is the value of your financial interest in a vehicle, calculated by subtracting the amount of the loan you have yet to pay off from the overall price of your car. If the actual value of your car exceeds the car’s guaranteed minimum future value, the extra money is equity that can be used as a deposit on your next car.

Volkswagen Passat parked in wet street

Existing finance customers

At Volkswagen Financal Services, we always like to be easy to deal with. Whether you want to make changes to your agreement or just need some friendly help, we’re always here to assist.


Early Settlement Explained

Early Settlement is the termination of a finance agreement by paying all monies outstanding before the lease end date. When settling early it is important to note you could be liable for additional interest charges.


Comparing Finance Quotes

Not sure which is the best finance type for you when it comes to buying your next car? Our video will help explain what to look for so you can compare quotes accurately. 

Tax free sales 

If you plan on driving your Volkswagen outside of the UK, you could buy it tax free.

Next steps 

Take a closer look at our offers 

Take a look at our Business Contract Hire offers

Next steps 

Important information :

^If you are selecting a Volkswagen ID.3, ID.4, ID.5, ID.7, ID.7 Tourer or ID.Buzz then prices shown are the MDP (Manufacturer's Direct Price).  This is the price set by Volkswagen which you pay for the vehicle.  Volkswagen ID vehicles are sold by Volkswagen UK, a trading division of Volkswagen Group United Kingdom Limited (please note that you will need to visit an authorised Volkswagen Retailer (acting as agent for Volkswagen UK) to order, purchase and take delivery of your Volkswagen ID vehicle).  The MDP includes delivery to an authorised Volkswagen Retailer (acting as agent for Volkswagen UK), number plates, new vehicle registration fee, the first year's Vehicle Excise Duty and VAT (calculated at 20%).  You can find out more about the Volkswagen model for selling ID vehicles by clicking

If you are selecting any other Volkswagen vehicle (excluding the Volkswagen ID.3, ID.4, ID.5, ID.7, ID.7 Tourer or ID.Buzz) then prices listed are Manufacturer’s ‘On the road’ Recommended Retail Price. Actual prices are set by Volkswagen authorised retailers in their sole discretion – always obtain these prices from your chosen Volkswagen Retailer.  Recommended On-The-Road (OTR) retail prices include: delivery charge, number plates, new vehicle registration fee, the first year's Vehicle Excise Duty and VAT (calculated at 20%). Every effort has been made to ensure the accuracy of the information above. Prices are taken from the Volkswagen website - this website contains a large number of products and it is always possible that, despite our best efforts, some of the products listed may be incorrectly priced. Volkswagen may change prices at any time (this includes where there are government changes in regulation and/or legislation). There may be a delay to any price displaying correctly on our materials and it is always possible that, despite our best efforts, some vehicles may be incorrectly priced. Always check prices with your local retailer.

Please be advised we may not be able to provide valuations for vehicles which are outside certain age or mileage ranges, specialist or customised, or not registered in the UK. The actual sale price is dependent on a number of additional factors, which you can discuss further with your retailer. T&Cs will apply.