Author Topic: Financing your Mk.7 - stealth cost increases (UK)!  (Read 1593 times)

Offline Mark V GTD

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Financing your Mk.7 - stealth cost increases (UK)!
« 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:
« Last Edit: 21 February 2015, 08:56 by Mark V GTD »

Offline monkeyhanger

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Re: Financing your Mk.7 - stealth cost increases (UK)!
« Reply #1 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).
Whey ya bugger! It's finally arrived after an 8 month wait....
MK7 R 5 door, manual, Lapiz Blue, Prets.