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Model specific boards => Golf mk7 => Topic started by: Mark V GTD on 20 February 2015, 09:17

Title: Financing your Mk.7 - stealth cost increases (UK)!
Post by: Mark V GTD on 20 February 2015, 09:17

I got my GTD in March last year. Putting the same figures for an identical car through the VW finance calculator now shows an increase of 37 quid in the monthly payments (this is despite factoring out the price increases last year by having the financed amount remain the same!).

The reason seems to be a small increase in APR rate and a reduction in GFV values.

So the retail price has gone up and it costs more to finance the car - so much for zero inflation  :angry:

Title: Re: Financing your Mk.7 - stealth cost increases (UK)!
Post by: monkeyhanger on 20 February 2015, 12:33

As long as we keep buying them without further incentive, VW will keep selling them for as much as they can. You forgot to mention the weaker Euro too, the're getting around 6500 more Euros out of UK customers than they were a year ago (1.36 Euros to the pound now vs 1.10 a year ago).