Volkswagen Pay-for-Usage Initiative Launched In India, Available On All BS6 Models

by Vivaan Khatri | 28/05/2020
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Volkswagen has introduced Pay-for-Usage initiative for customers of the BSVI models. These new initiative will offer financial support to the car buyers.

In the last couple of years, we have seen the rise of personal mobility. Being aware of the customer’s increasing demand for mobility solutions, Volkswagen has introduced a new leasing programme that will lessen the financial burden for its customers. With support from Volkswagen Power Lease, Volkswagen’s customers who buy BSVI models can benefit from the pay-for-usage model. This programme will allow the buyers to enjoy zero down payment, insurance coverage, low rental fee and flexible maintenance offering. The tenure period might vary from two, three or four years, offering massive flexibility for customers.

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Volkswagen has introduced new and attractive mobility options for the buyers of BSVI models

With a limited tenure period, customers can easily upgrade to the newer Volkswagen models. Also, tax benefits will be available, based on customers’ financial preferences. In addition, Volkswagen offers buy-back options. Customers can choose between two options, wet lease and dry lease. Under the wet-lease plan, the maintenance cost will be covered by the manufacturer and the customer can resell the car to Volkswagen at the market value price. On the other hand, with the dry lease scheme, customers will pay for the maintenance and the buy-back price will not be market-based but predetermined between customers and the car brand.

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The pay-for-usage plan will be offered for all new BSVI cars produced by Volkswagen with various tenure options. Along with the benefit mentioned above, customers can also avail low rental charges as well as zero down payment. Moreover, customers will not have to bear any expense at regular intervals with no recurring cost option. To kick off the new initiatives, Volkswagen will introduce a 2-month holiday lease scheme for customers, starting from now till 31st July.

Volkswagen Secure will offer various benefits for the car buyers 

The Volkswagen Secure also provides flexible down payment and low EMI with insurance coverage for Vento and Tiguan Allspace buyers at the tenure options ranging from three to four years. Financial support provided by Volkswagen Financial is also available. Under this programme, customers can get assured residual value and guaranteed buy-back option. At the end of the tenure period, the customer can choose to either keep the car or upgrade to another model with refinance support from Volkswagen Financial Services. Volkswagen Secure and the Power Lease initiatives are expected to secure the customers through the depressed economy due to the ongoing challenges.

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Recently, Volkswagen launched the limited-edition TSI variants of the Polo and the Vento. This limited edition models retain the same powertrain setting on the Polo and Vento. Both of them are available with a six-speed manual transmission option. Cosmetically, these variants get some distinctive features. They get a new honeycomb grille each along with body graphics, TSI badges, black ORVMs, and blacked-our roofline with spoiler. The TSI variants of the Polo and Vento are priced at Rs 7.89 lakh* and Rs 10.99 lakh,* respectively.

*ex-showroom, pan-India

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