Find your best Volkswagen finance rate with Driva

The maximum amount you can borrow is dependent on a range of factors like your credit score, income and the type of car you’re looking to buy. Our panel of more than 30 lenders can facilitate loan amounts from $5,000 to upwards of $250,000, so no matter your dream car, we’ll probably be able to help finance it!

One of the ways to increase your maximum borrowing amount is by adjusting the length of your loan term. By changing your loan term from 4 years to 6 years, for example, you’ll be able to access a larger loan amount because you’ll be making lower monthly car loan repayments. However, it’s important to remember that the longer your loan term, the more you’ll end up paying overall in interest and lender fees. To get an idea of how much you could borrow, you can use our car loan calculator. If you’re ready to get your personalised rates and access your Driva Dashboard, you can do so here.

In addition to the cost of buying the Volkswagen car itself, there are a number of ongoing costs associated with owning a car that you’ll need to consider.

The actual car

VW are known for producing cars that are high quality, but at more reasonable prices than some of their competitors. Their popular Golf starts at $33,490 drive away, while the Tiguan starts at $40,590. If a brand new car seems a bit out of your price range, it’s a good idea to consider buying a second-hand model. 

Ongoing costs

Here’s a non-exhaustive list of some of the ongoing costs you can expect to pay while owning a VW car. 

• Registration. This is a legal requirement in order to drive a car anywhere, and the cost varies between states and territories.
• Insurance. You’ll need to obtain comprehensive insurance as well as compulsory third party insurance in order for your loan to settle. 
• Petrol. The amount you spend on petrol will depend on the type of car, how fuel-efficient it is, how far you’re driving and your driving style. If you’re looking to buy an electric vehicle like the new ID3 electric hatch, you could save a considerable amount on running costs.
• Maintenance and repairs. If you’re buying a second-hand car, bear in mind that you’re more likely to spend more on maintenance and repairs due to the general wear and tear of the car (as well as any potentially more major issues).

Learn more: How Much To Spend On A Car - A Complete Guide

Driva works with a panel of more than 30 lenders to ensure that you’re getting the best personal finance (or business finance) options on your new Volkswagen.

Yep! Pre-approved customers have the ability to shop for a car with a set loan amount and fixed interest rate in mind.