Drivers 'should make the most of the economic downturn'

Wed, 11 Mar 2009
Motorists who are not at risk of losing their jobs and have seen their mortgage repayments fall over recent months should consider taking advantage of the current economic situation in the UK by buying a car, it has been suggested.

Volkswagen said there are some cheap deals to be had at the moment on vehicles with the new 09-plate and there might never be a better opportunity to bag a bargain.

The firm pointed out its dealers are currently offering a range of great value finance packages, with buyers able to drive away in the latest Golf for £199 a month.

Graham Wheeler from the group said: "As long as customers are sensible in managing their finances, there's no reason why they should fear making a big purchase in what are seen as troubled times."

Meanwhile, Volkswagen recently claimed its new Polo is cleaner, smarter and lighter than previous versions of the car.

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Best available rate 9.20%

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Representative example

The Representative APR is 13.2% (fixed) so if you borrow £7,500 over 4 years at a rate of 13.2% p.a (fixed) you will repay £199.21 per month and repay £9562.20 in total.

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