Volkswagen car finance (2024)

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Are you looking to get Volkswagen finance? We could help you get the VW you need, even if you have bad credit.

Get a quote

Are you looking to get Volkswagen finance? We could help you get the VW you need, even if you have bad credit.

Get a quote

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Volkswagen car finance (1)

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Volkswagen car finance (10)

Based on 12,701 reviews

Showing our 4 & 5 star reviews

Volkswagen, often referred to as VW came from the idea for a ‘people’s car’. The first vehicle produced is what is known today as the VW Beetle, which later became one of the most highly produced cars in history.

Today VW is one of the largest UK imports for vehicles and is known for its range and variety of different models. Their most popular car models include the Volkswagen Polo, Golf, and Tiguan.

How does Volkswagen finance work?

Car finance is when you borrow from the finance company who purchase the car for you. You then make monthly repayments until the agreed finance amount is repaid. Our agreements last between 36 to 60 months, and once you’ve made the final repayment you will be the legal owner of the car.

We offer a Conditional Sale agreement. This is where you automatically own the car at the end of the agreement. This means you have the freedom to trade it in, sell it, or modify it once you have made your final repayment.

Try out our car finance calculator which will show you what your agreement may look like. Play around with the amount and time period to see what looks right for you.

Volkswagen finance with bad credit

We understand that just because you have bad credit, it doesn’t change your need to have a reliable car. You might need it to get around, travel, or get to work.

We specialise in helping those who have a bad credit score. If you are looking to buy a VW with bad credit, we could help. Even if you’ve been refused by other lenders.

We could help you, even if:

  • You have a County Court Judgment (CCJ)
  • You are in an Individual Voluntary Agreement (IVA)
  • You are looking for car finance on benefits

Volkswagen, often referred to as VW came from the idea for a ‘people’s car’. The first vehicle produced is what is known today as the VW Beetle, which later became one of the most highly produced cars in history.

Today VW is one of the largest UK imports for vehicles and is known for its range and variety of different models. Their most popular car models include the Volkswagen Polo, Golf, and Tiguan.

How does Volkswagen finance work?

Car finance is when you borrow from the finance company who purchase the car for you. You then make monthly repayments until the agreed finance amount is repaid. Our agreements last between 36 to 60 months, and once you’ve made the final repayment you will be the legal owner of the car.

We offer a Conditional Sale agreement. This is where you automatically own the car at the end of the agreement. This means you have the freedom to trade it in, sell it, or modify it once you have made your final repayment.

Try out our car finance calculator which will show you what your agreement may look like. Play around with the amount and time period to see what looks right for you.

Volkswagen finance with bad credit

We understand that just because you have bad credit, it doesn’t change your need to have a reliable car. You might need it to get around, travel, or get to work.

We specialise in helping those who have a bad credit score. If you are looking to buy a VW with bad credit, we could help. Even if you’ve been refused by other lenders.

We could help you, even if:

  • You have a County Court Judgment (CCJ)
  • You are in an Individual Voluntary Agreement (IVA)
  • You are looking for car finance on benefits

We can provide finance for Volkswagen cars that meet our lending criteria.

To the right are some examples of cars that fit within our lending criteria and are from dealerships we trust.

To apply for Volkswagen finance, you’ll need:

  • Monthly earnings over £1,000 (after tax)
  • To be aged between 20 and 75
  • A full valid UK driving licence
  • 2 consecutive months of payslips

If you’re not sure which VW you’d like, don’t worry! Apply today and we can guide you through the process.

We use a soft credit check at the point of application, which doesn’t affect your credit score. We only use a hard check when contracts are drawn up for you to sign.

It should only take 5 minutes to fill out an online application, and you will get a decision as to whether we can help you.

Get a quote

We can provide finance for Volkswagen cars that meet our lending criteria.

Below are some examples of cars that fit within our lending criteria and are from dealerships we trust.

To apply for Volkswagen finance, you’ll need:

  • Monthly earnings over £1,000 (after tax)
  • To be aged between 20 and 75
  • A full valid UK driving licence
  • 2 consecutive months of payslips

If you’re not sure which VW you’d like, don’t worry! Apply today and we can guide you through the process.

We use a soft credit check at the point of application, which doesn’t affect your credit score. We only use a hard check when contracts are drawn up for you to sign.

It should only take 5 minutes to fill out an online application, and you will get a decision as to whether we can help you.

Get a quote

VW finance calculator

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VW finance calculator

There has been an error and we are unable to provide you with a quote. Please click here to continue with your application.

No deposit Volkswagen finance

You might be wondering if it’s possible to get VW finance with no deposit. You might be able to, but it depends on several personal factors. These include credit score and affordability.

Everyone’s eligibility for car finance is different. No lender can guarantee that you will be able to get finance without a deposit. Some of our agreements require you to put a deposit down. For more information, please see our guide to no deposit car finance.

No deposit Volkswagen finance

You might be wondering if it’s possible to get VW finance with no deposit. You might be able to, but it depends on several personal factors. These include credit score and affordability.

Everyone’s eligibility for car finance is different. No lender can guarantee that you will be able to get finance without a deposit. Some of our agreements require you to put a deposit down. For more information, please see our guide to no deposit car finance.

Popular models of Volkswagen

Popular models of Volkswagen

Volkswagen car finance (19)

Volkswagen Polo:the Polo has been around for decades, being a popular choice for those looking for a small, all-rounder car.

Volkswagen car finance (20)

Volkswagen Golf:dubbed the Polo’s bigger sibling, the Golf is a small compact car known for its reliability, comfort, and safety.

Volkswagen car finance (21)

Volkswagen Tiguan:a compact crossover SUV, designed to offer a comfortable driving experience whether driving down a country lane or cruising on the motorway.

Volkswagen car finance (22)

Volkswagen Polo:the Polo has been around for decades, being a popular choice for those looking for a small, all-rounder car.

Volkswagen car finance (23)

Volkswagen Golf:dubbed the Polo’s bigger sibling, the Golf is a small compact car known for its reliability, comfort, and safety.

Volkswagen car finance (24)

Volkswagen Tiguan:a compact crossover SUV, designed to offer a comfortable driving experience whether driving down a country lane or cruising on the motorway.

FAQs about VW car finance

There is no set credit score you need to get VW finance.

There are three different credit reference agencies in the UK. They each use their own credit score ranges. Also, credit score isn’t the only factor that lenders use to check your eligibility. Other factors include affordability and credit history.

Even if you have a low credit score, we could help get you into the Volkswagen you need. When you’re ready, you can get a quote today.

If you’ve been declined by another lender, you should take a moment to work out why that might have been. We’ve written a guide that explains the most common reasons why you might have been refused car finance.

No responsible lender can tell you whether car finance is easy or guaranteed. Everyone’s eligibility is different, and it depends on lots of factors like credit score and affordability.

We use a soft credit check at the point of application. This doesn’t affect your credit score, but will tell you whether or not we could offer you finance. If you’d then like to enter into an agreement with us, we’d use a hard credit check which will affect your credit score. For more information, see our guide tothe differences between soft and hard credit checks.

FAQs about VW car finance

There is no set credit score you need to get VW finance.

There are three different credit reference agencies in the UK. They each use their own credit score ranges. Also, credit score isn’t the only factor that lenders use to check your eligibility. Other factors include affordability and credit history.

Even if you have a low credit score, we could help get you into the Volkswagen you need. When you’re ready, you can get a quote today.

If you’ve been declined by another lender, you should take a moment to work out why that might have been. We’ve written a guide that explains the most common reasons why you might have been refused car finance.

No responsible lender can tell you whether car finance is easy or guaranteed. Everyone’s eligibility is different, and it depends on lots of factors like credit score and affordability.

We use a soft credit check at the point of application. This doesn’t affect your credit score, but will tell you whether or not we could offer you finance. If you’d then like to enter into an agreement with us, we’d use a hard credit check which will affect your credit score. For more information, see our guide tothe differences between soft and hard credit checks.

Other cars we can finance

Don’t think a VW is right for you? Don’t worry, some alternative brands could be Audi, Vauxhall or Citroen.

Other cars we can finance

Don’t think a VW is right for you? Don’t worry, some alternative brands could be Audi, Vauxhall or Citroen.

Bad credit? No problem.

If you have a bad credit history, you’re in good hands. As bad credit car finance specialists, we understand that you still need a reliable car to get around.

Bad credit car finance

Car finance explained

Our guide explains how car finance works and the different types of car finance available, so you can choose the option that’s right for you.

Car finance explained

Car brands

Buying a car is an exciting time, but with so many brands you might not be sure which to pick. Check out our helpful guide.

Car brands

Volkswagen car finance (2024)

FAQs

What is Volkswagen finance rate? ›

4.9% APR for 60 months

For highly qualified customers through Volkswagen Credit.

What finance company does Volkswagen use? ›

Volkswagen Financial Services is the Volkswagen Group's financial and mobility services provider.

Is it hard to get finance with Volkswagen? ›

Yes. It's actually easy to get approved through our finance programs. Most car manufacturers are eager to help their customers build or rebuild their credit by offering financing programs and deals exclusively through Volkswagen dealerships.

Does Volkswagen have its own financing? ›

At Volkswagen Credit, we want our customers to be confident automotive consumers. We give you the tools, information, and resources you need for a clear and easy financing experience. Whether you lease or buy a VW, the most important thing is that you enjoy the ride.

Why is VW debt so high? ›

Volkswagen's burden of debt is inflated partially by their car financing division,” according to Kryptoscene analyst Raphael Lulay. “Even though high debts can be problematic, depending on business development, the Wolfsburgers demonstrate that they invest the money in a forward-looking way.

What credit score does VW finance use? ›

Volkswagen Credit pulls your FICO® Score 8 (credit score) from TransUnion by default, although this may be subject to change.

Does Volkswagen approve bad credit? ›

That shouldn't keep you from being able to get a new vehicle or financing for it. We're here to help. We offer a variety of lease and car loan options for those with credit that is less than perfect.

How does VW finance work? ›

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

How much is the monthly payment for the VW Tiguan? ›

2024 Volkswagen Tiguan

$287/mo est. $2,787 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $12,823 over the lease term.

What is the lowest credit score Volkswagen will finance? ›

While your results may vary depending on your unique situation, the biggest downside could be a higher interest rate on a new Volkswagen car or SUV. Based on current offers, VW Credit can finance Tier 8 credit (FICO of 599 or less) at 16.05% for up to 60 months. There's also a 72-month option at 18.55%.

Are Volkswagen cars worth it? ›

Volkswagen remains an affordable, reliable brand, albeit with a few hiccups that most automotive manufacturers experience in their lifetimes. The VW brand hails from a lineage of vehicles priced for the average consumer, with average repair costs comparable to Honda and Toyota.

Are Volkswagens reliable cars? ›

In fact, a recent study by 2021 Consumer Reports awarded each auto brand an average reliability ranking – and Volkswagen scored in the top 25! German car brands, in general, are known for high-quality craftsmanship. Volkswagen is no exception, boasting a lineup that truly goes the distance – and looks great doing it!

What is a good interest rate for a car? ›

A good interest rate for a car loan is typically below 5.18% for new cars and 6.79% for used vehicles.

Can you skip a car payment with Volkswagen Credit? ›

If Volkswagen Credit approves your loan deferment, all scheduled payments for the approved time period can be skipped.

Is Audi financial VW credit? ›

VW Credit, Inc. (VCI) is the financial service arm of Volkswagen Group of America, Inc. VCI is a captive finance company, servicing Volkswagen, Audi, and Ducati retail customers and dealers as Volkswagen Credit, Audi Financial Services, and Ducati Financial Services.

What's the best interest rate for a car? ›

Compare Car Loan Rates
Top Auto Loan LenderLowest APRTerm Length
AutoPay4.67%**24 to 96 months
PenFed Credit Union5.24%36 to 84 months
Auto Approve5.24%**12 to 84 months
Consumers Credit Union6.54%Up to 84 months
2 more rows

What is the interest coverage ratio for Volkswagen? ›

Volkswagen AG 1/10 ADR's operated at median interest coverage ratio of 7.6x from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, Volkswagen AG 1/10 ADR's interest coverage ratio peaked in December 2022 at 56.5x.

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