BW16 Club

[ffrank]

Bit of extra info for folk on the recent Finance/Servicing change.

I will be picking my car up next week and told the dealer I would like to increase my deposit from what I discussed previously and also change the estimated mileage. They told me that if I did this it would have to go through again and this would incur the new higher interest rate and the new Service scheme pricing. 

So I've not been able to increase my deposit/change the miles, without wiping out any monthly gains with the higher interest/servicing.

I'm happy I get to stay on the previously agreed deal at least! This is my first time buying a new car, and I guess this is one of the lessons learnt.

[peterdoherty]

Bit of extra info for folk on the recent Finance/Servicing change.

I will be picking my car up next week and told the dealer I would like to increase my deposit from what I discussed previously and also change the estimated mileage. They told me that if I did this it would have to go through again and this would incur the new higher interest rate and the new Service scheme pricing. 

So I've not been able to increase my deposit/change the miles, without wiping out any monthly gains with the higher interest/servicing.

I'm happy I get to stay on the previously agreed deal at least! This is my first time buying a new car, and I guess this is one of the lessons learnt.

Not a problem (unless you want to reduce your monthly payments) - phone up VW finance in a few weeks and 'overpay' the loan

[karlak]

I am still waiting for VW finance customer services to see if they will honour the lower interest rate.

Weird, how my written quote from January does not seem to be tied in.  Makes no sense.

[TheCarMadDad]

Bit of extra info for folk on the recent Finance/Servicing change.

I will be picking my car up next week and told the dealer I would like to increase my deposit from what I discussed previously and also change the estimated mileage. They told me that if I did this it would have to go through again and this would incur the new higher interest rate and the new Service scheme pricing. 

So I've not been able to increase my deposit/change the miles, without wiping out any monthly gains with the higher interest/servicing.

I'm happy I get to stay on the previously agreed deal at least! This is my first time buying a new car, and I guess this is one of the lessons learnt.

Not a problem (unless you want to reduce your monthly payments) - phone up VW finance in a few weeks and 'overpay' the loan

^^^ This...

Their normally isn't any charge for overpaying on a finance agreement

[ffrank]

Thanks guys, that's a very good point - I could make an overpayment, didn't think of that. I was going to reduce the mileage also, but not a biggy - I will I'll just have more equity in the car over time.

Edit - Just double checked on the VW finance site, and if you make over payments you can reduce the loan length or the monthly payment amount. The former would work out slighter better over the loan period, but quite nice to have the ability to reduce monthly payments if making over payments.

[Wil]

Thanks for all the info on the finance guys. I've just received my stage 6 text so it can't be long until I need to sort all that sort of stuff out either!

[karlak]

Picking  mine up tomorrow Morning

[silver38]

email this morning @09:00

Step 7 of 7: Your vehicle has been delivered to your local Volkswagen Retailer and is available for collection. Your Retailer will contact you soon to arrange your handover. Thank you again for your order and happy motoring!

Must go have a look at it and see how much i owe them.

[irfy8]

Mine still stuck at emden. 

[Rick101]

Mine is getting delivered to my door today