Volkswagen Ireland has introduced a 0% finance offer across its
range of passenger cars from April 23rd 2013, for a limited
period. The
decision to offer 0% finance on Hire Purchase agreements across the Volkswagen
range comes as Volkswagen hold a 12.4 per cent share of the Irish passenger car market.
Commenting
on the initiative, Paul Burke, Operations Director for Volkswagen Group Ireland
said: “Volkswagen continues to be the most popular passenger car brand in
Ireland however we know that many potential customers are struggling to put
finance in place with many banks reluctant to lend. Our customers have become more astute and
recognise that by availing of a finance offer from Volkswagen bank they are
able to access a more attractive, flexible finance offer.”
The
typical term for a finance arrangement with Volkswagen bank is approximately 40
months, with customers now
borrowing, on average €14,700.
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