Finance Options
Whether you’re purchasing a vehicle through your business or privately, whether you’re looking to buy or lease, or rent, whether you want to keep the vehicle for a long time, or trade it in – Volkswagen Financial Services offers a range of finance products to suit you.

Purchase Price |
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Additional Surcharges |
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Deposit |
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Balloon Payment |
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Interest Rate |
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Period |
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Principal Financed |
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Estimated Monthly Installment Repayments |
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Final Balloon Payment |
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Total Repayments |
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Total Finance Cost |
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Terms and Conditions
The finance calculator is a form of loan simulator and is NOT AN OFFER by
Palm Motors, its management, employees, representatives,
agents or affiliates of any kind. It is provided to you for information and convenience
purposes only and does not constitute financial advice in any form or manner. It
is a guide only, which is based on certain assumptions and approximations, and we
do not guarantee the accuracy of any information thereof.
Palm Motors, its management, employees, representatives,
agents or affiliates DO NOT ACCEPT RESPONSIBILITY for any errors or omissions whatsoever
in relation to the finance calculator, and DO NOT ACCEPT LIABILITY for any loss,
damage, inconvenience experienced or otherwise, caused in respect of any reliance
on the finance calculator or information on this website. The finance calculator
will not pre-qualify you for any loan programs whatsoever.
Actual instalments on loans obtained with financial institutions will vary depending
on: the current prime interest rate; the financial institution's variables; the
type, condition and age of the vehicle; your credit rating with the financial institution
concerned; the respective initiation fees; and the time period between the effective
date of the loan and the first instalment payable. Please note that you should
seek appropriate financial advice before concluding any loan agreements.
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Installment Sale
Under an installment agreement you buy an asset with a view to owning it at the end of the credit agreement. An instalment sale agreement may be structured to include a balloon payment; or the instalment payments can be equal over the entire agreement period, with no balloon payment. At the end of the instalment agreement, provided you have paid all amounts due, you will automatically become the owner and the title-holder of the asset. You need to contact Volkswagen Financial Services or we will contact you, to initiate change of title-holder and re-register the vehicle in your name.
The National Credit Act (NCA) implemented from 1 June 2007, does not govern true rental agreements. Ownership however will never pass to you.
A true rental agreement is a type of finance agreement where you are paying for the use of the asset. When entering into a rental agreement, you are not buying or leasing the asset with a view to owning it at the end of the credit agreement. At the end of the agreement you must return the asset to Volkswagen Financial Services. You must return the vehicle in good condition and within the agreed mileage restrictions and parameters. Should you exceed the restrictions you will be responsible for paying any restoration costs (except for fair wear and tear) and excess mileage costs.
Lease
Under a lease agreement, you lease an asset with a view to either returning the asset at the end of the credit agreement or, you can elect to take ownership of the asset on the conditions set out in the agreement (and once you have paid all amounts owing).
If you elect to buy the vehicle at the end of the agreement, (once you have paid all amounts due under the credit agreement) you will become the owner and the title-holder of the asset. You need to contact Volkswagen Financial Services or we will contact you, to initiate change of title-holder and re-register the vehicle in your name.