PCP is a flexible 2-3 year car finance package that combines lower monthly payments with real flexibility.
Here's How PCP Works
Volkswagen Financial Services Ireland purchases the vehicle on your behalf.
A portion of the vehicle’s value is deferred until the end of the agreement. This amount is Guaranteed Minimum Future Value (GMFV) that Volkswagen Financial Services Ireland guarantees your car will be worth at the end of your agreement.
You choose a deposit percentage of up to 30%.
You then pay an agreed monthly repayment for 36 months.
At the end of the agreement, you have 3 options.
At the end of your term you have the following three options:
Upgrade to a newer vehicle and start your PCP journey again.
One-off payment or re-finance
Make a one-off payment or re-finance the final instalment and take ownership of the car.