• This is an agreement between a buyer and a seller, used to purchase goods (like a vehicle), by making payment in instalments over an agreed period of time.
• The buyer is charged interest on the amount of the original price still to be paid, as well as other charges relating to the granting of credit.

Please contact Volkswagen Financial Services on 0861 500 400 if you have any queries or need help in anyway. The new National Credit Act came into effect on 1 June 2007. To find out more about this Act and how it may affect you, read the National Credit Act Summary.

1. This is an agreement between a seller and a customer, in terms of which the customer is given use of the vehicle for an agreed lease payment amount over a fixed period of time.
2. The customer must keep the vehicle for the full period and must pay the seller all the lease payments that are due over that period.
3. The customer normally has the right to terminate the agreement early by buying the vehicle from the seller. At the end of the agreed period the customer must either buy the vehicle or extend the lease period.

Please contact Volkswagen Financial Services on 0861 500 400 if you have any queries or need help in anyway. The new National Credit Act came into effect on 1 June 2007. To find out more about this Act and how it may affect you, read the National Credit Act Summary.