Instalment Sale is a simple and straightforward way to finance your goods.

This is an agreement between a buyer and a seller, used to purchase goods (like a vehicle), by making monthly payment in instalments over an agreed period of time. The buyer is charged interest on the amount of the original purchase price outstanding as well as other charges relating to the granting of a credit facility.

Should you wish to own your vehicle, this may be your best option. It’s convenient to arrange and offers flexible terms to suit your needs.

• Financing periods can be structured from 12 – 72 months depending on your needs. 
• Interest is calculated at either a fixed or linked rate (depending on the customers’ choice), relative to the prime lending rate.
• The goods must be comprehensively insured during the agreement period.
• There is no minimum deposit payable subject to credit assessment.

Once you have structured the flexible periods and payment terms and made your final payment, ownership of the goods will automatically pass to you.

The VAT on this option is capitalised upfront on the principal debt into the finance agreement.

It is important to note that all our finance products are regulated under the National Credit Act, 34 of 2005.

To find out more about this Act and how it may affect you, read the National Credit Act Summary.

Please contact Volkswagen Financial Services on 0861 500 400 if you have any queries or need help in anyway.