Brady's of Arva.
Brady's of Arva say that that their personal contract plan (PCP) is working incredibly well.
A spokesperson for Brady's outlined, “Under the Volkswagen Solutions PCP, Volkswagen Bank Ireland purchases the car on your behalf.
You choose a deposit percentage of between 10% and 30%. You then pay an agreed monthly instalment over 36 months. A portion of the car’s value is deferred until the end of the agreement. This amount is the minimum value that Volkswagen Bank Ireland guarantees your car will be worth at the end of your agreement, your Guaranteed Minimum Future Value.
Hire purchase is essentially a loan which is useful for those who only want to bridge a small gap with finance, high equity customers and those with a lot of cash may use this product.
There is a 0% cash saver product available with Volkswagen Passenger cars when you borrow a sum of €5,000 exactly.
With commercial vehicles there is 0% hire purchase until the end of February which has worked extremely well with the sale of Volkswagen Commercial Vehicles at record levels here in Brady’s (especially the New VW Crafter).
Low APR’s like 1.9% allows us to be significantly more competitive than banks and is working very well for us selling high volumes of cars at the moment.
It is noticeable that people are getting higher specification cars than ever before and we definitely contribute this to the finance offers we are capable of offering.
Our used Volkswagen Vehicles are applicable for 3.9% finance rates when they meet the Das Welt or Vantage standards which are higher standard used vehicles.
We have a huge range of high value used vehicles here at the moment with great value finance to suit almost all customers and their budgets.”