Vehicle Finance from JCB Volkswagen
Are you a Company Car Driver?
If so, at JCB Volkswagen, we are able to offer you a number of methods of financing your new Volkswagen, and the maintenance of it thereafter...
Contract Hire
If your business does not want to own your vehicles outright, Contract Hire literally means you ‘hire’ your vehicle over a specified period of time – one, two, three, four or five years.
You pay a deposit – usually the equivalent of three monthly rentals and then your monthly rental is calculated over your preferred period of time.
Finance Lease
Choose a finance period of one year to four years with Finance Lease which incorporates tax benefits and improved cash flow for your business.
Choose either ‘Full Payout’ or ‘Balloon’
Full Payout – no final rental
Balloon – by deferring a part of the vehicle’s value to the end of the agreement means your monthly rentals could be reduced.
At the end of the agreement you sell the car on behalf of Volkswagen Finance or extend the lease.
Key benefits:-
- Tax benefits and improved cash flow
- You share in any of the proceeds from the sale if this price is greater than the final rental (equally you shoulder some of the negative equity if the sale price does not exceed the final rental)
Lease Purchase
Choose your funding term from one year to four years; choose your deposit amount which could be as little as one rental in advance; and agree an amount of the vehicle’s value that you can defer to the end of your agreement, which could reduce your monthly payments. At the end of the agreement your business can own the vehicle.
Spread the cost of service, maintenance and tyres
Budget for servicing, maintenance and tyres or a combination of the three over one to three years and thereby manage your motoring outgoings more effectively.
- Helps you budget for servicing and maintenance costs, cutting the number of unexpected bills
- Regular servicing could help to boost the resale value of your Volkswagen
- Helps keep your Volkswagen in the best condition for the road
- You can pay monthly by direct debit
- Choose the option that suits you best
Paying for the Unexpected
Should you befall the unexpected, have you given any thought to how you will manage your financial commitments?
Volkswagen Finance provides a range of products to ensure that some of the worry will be met in the event of sickness, accident or unemployment.
- Life cover, accidental death benefit and critical illness
- Life cover, accidental death benefit, critical illness and accident & sickness (disability benefit)
- Life cover, accidental death benefit, critical illness, accident & sickness (disability benefit), plus unemployment
If your car is written off
If your car is written-off in an accident which isn’t your fault or stolen, GAP insurance could give you an additional payment on top of your insurance payout to help get you a brand new car.
Even though you have comprehensive motor insurance you may find you lose financially if your car is stolen or written off in an accident because your insurance company will probably offer you the current market value of your car which could be a lot less than either the original cash price of your Volkswagen or the sum you may still owe under a finance agreement.
GAP insurance can help protect your investment:-
GAP – Shortfall Protection
This covers the difference between the amount your insurance company will pay and what you actually owe under your Volkswagen Finance agreement. A payment of up to £10,000 could be made.
GAP Plus – Return to Invoice
This covers the difference between the amount your insurance company will pay and the actual price you paid for your vehicle. A payment of up to £15,000 could be made, which will help you replace your car with a new car, the same, or similar to the one you have lost.
Both of these payments will apply on top of your insurance claim settlement and you can get them for new and used vehicles.
Volkswagen Insurance
In our opinion, you’ve chosen the best marque on the road today so it stands to reason that you want your insurance provider to offer the very best product for your new pride and joy. It makes perfect sense to choose an insurance product specifically designed for your make of car – Volkswagen Insurance.
Volkswagen Insurance – the highlights:-
- Genuine Volkswagen repairs when using an authorised repairer
- Guaranteed new car replacement- if during the first year of registration your car sustains damage amounting to more than 60% of the retail price (including VAT)
- Courtesy car – whilst your car is off the road being repaired, regardless of who is to blame for the accident
- Child seat replacement – cover if the seat is occupied and damaged following a road accident
- Emergency overnight or travel expenses - if your car has been damaged or stolen, up to £40 per person paid for you and your passengers for overnight accommodation or for travelling home
- Volkswagen Insurance Enhanced – increased cover of up to £1,000 cover for replacement locks following loss or theft of keys and up to £1,000 cover for road rage or car jacking