Buying a new car has never been more affordable with the new 0% Interest Car Finance Deal currently available on the entire Volkswagen range of cars at Western Motors in Ballybrit.
The zero per cent interest deal offers huge savings in comparison to traditional borrowing methods, such as banks or credit unions, which often offer interest of up to 10.6 per cent on loans. This represents a potential saving of over €1,600 on a typical €10,000 Hire Purchase from your bank.
As the offer is extended throughout the VW range, it also includes the ever-popular VW Golf. Recently the Golf was awarded the prestigious global title of World Car Of The Year 2013 at the New York Auto Show. This is the second year running that the Golf has achieved this title – just months after it was declared European Car of the Year.
Other cars in the VW model range include the Volkswagen Polo, Jetta, Touran, the new Up! and the family friendly Passat Saloon and Estate.
Clara Devlin, Finance and Leasing, Western Motors, said: “People feel that because the country is in a recession they can’t afford a new car. They feel that it would be too much of a luxury and an expense. But that is not the case. Often the monthly repayments on a new car are cheaper than those on a two or a three year old car!
“Western Motors is providing the best rate for customers looking to fund a car – beating traditional bank and credit union options. Interest on a typical bank loan can be anything up to ten per cent, while credit union rates vary from six to eight per cent.”
She added: “If interest is involved at all, there is clearly a cost. But with the zero per cent car financing option there is no interest to pay, ensuring huge savings on the expense of a new car. Calculating what you must pay back is also easy. All customers have to do is look at what they are borrowing and divide it by the number of months they will pay it back in.”
First time buyers are also catered for with the new Deposit Contribution scheme, available at Western Motors for new Volkswagen and new SEAT vehicles.
New car buyers normally put up a ten per cent deposit for their new car – meaning at least at €2,000 for a €20,000 car. But under the new Deposit Contribution scheme, customers will be offered up to €1,845 towards this deposit.