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Volkswagen Finance Options

Learn about what kind of finance is available for a Volkswagen to get on the road with the vehicle you want.


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Volkswagen is iconic and has been a major player in the automotive industry since 1934. The introduction of the Volkswagen Beetle and the magic bus known as the Kombi only solidified this position further. Over the years, Volkswagen has stayed at the top of the game with the introduction of the sleek Polo and Golf. There is a large range of vehicles to choose from, such as people movers, vans, SUVs and small cars. The price range of a new Volkswagen can range from $20,000 to as high as $80,000, so it's important to select the right financing.

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Compare loans suitable for financing a Volkswagen

Data indicated here is updated regularly
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
IMB New Car Loan
4.99% (fixed)
1 to 7 years
$275.12 ($250 Application fee + $25.12 PPS registration fee)
You'll receive a fixed rate of 4.99% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one that's up to two years old. - New and Dealer Used Car Loan
From 4.67% (fixed)
3 to 5 years
You'll receive a fixed rate from 4.67% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment. Note: Settle the loan before 30 November 2020 and enter the draw to win a $1,000 fuel voucher. Terms & conditions apply.
Stratton Finance New Car Loan
From 4.05% (fixed)
3 to 7 years
You'll receive a fixed or variable rate depending on the lender you are approved with
Apply for up to $250,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
Credit Concierge Car Loan
From 4.45% (fixed)
1 to 7 years
You'll receive a fixed rate of 4.45% p.a. with a comparison rate of 5.29% p.a.
Get access to over 20 providers to fund a new or used car.

CUA Secured Fixed Car Loan
6.79% (fixed)
1 to 7 years
$265 ($175 Establishment Fee + $90 Security Administration Fee)
You'll receive a fixed rate of 6.79% p.a.
A secured loan with a high maximum borrowing amount up to $100,000. Redraw facility and no monthly fees.
Plenti Car Loan
From 4.89% (fixed)
3 to 7 years
from $249 to $799
You'll receive a fixed rate from 4.89% p.a.
Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.
Driva Car Loan
From 4.34% (fixed)
1 to 7 years
$295 (Varies by lender, starting from $295)
You'll receive a fixed rate from 4.34% p.a.
Borrow up to $250,000 with loan terms from 1 to 7 years. Get access to a range of lenders.
NAB Personal Loan Unsecured Fixed
From 9.99% (fixed)
1 to 7 years
You'll receive a fixed rate between 9.99% p.a. and 18.99% p.a. ( 10.88% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% (13.56% comparison rate) or less. See Comparison rate warning in (i) above.
Symple Loans Personal Loan
From 5.75% (variable)
1 to 7 years
from 0% to 5% of the loan amount
You'll receive a personalised interest rate from 5.75% p.a. to 21.99% p.a. based on your risk profile
Borrow up to $50,000 to pay for what you need.

Compare up to 4 providers

How can you finance a Volkswagen?

There are a variety of options to choose from if you're looking to finance a Volkswagen. These include:

  • Secured car loan. If you want a loan with a competitive rate, you can use your Volkswagen as a guarantee and get a secured car loan. Rates for these loans generally range between 6–10% p.a. If you're buying a new Volkswagen or one that is less than ten years old you should be able to use it as security.
  • Unsecured personal loan. You can also use an unsecured personal loan to purchase a Volkswagon. This is an option to consider if the vehicle isn't eligible to be used as security or you want to apply for additional funds for another purpose, such as to pay for insurance or even to consolidate debt. Rates are higher for these loans, usually between 8–17% p.a. Depending on the lender, you can usually borrow from $2,000 up to $55,000, which allows you to purchase many new or used Volkswagen models.
  • Dealership finance. Volkswagen offers a number of finance options, which range from finance offers on specific cars, business finance and personal finance. The personal loan offered by Volkswagen offers a competitive fixed rate whereas the business finance option allows salary packaging for employees to get into the car of their dreams.
  • Novated lease. If you want to get a Volkswagen for your job, you can look into a novated lease. This is an agreement between your employer, a finance company and yourself. This is ideal if you want your car paid off pre-tax as you are able to enjoy more of your disposable income and stress less about your car repayments.
  • Chattel mortgage. This is an ideal arrangement if you're looking to buy a Volkswagen for your business. You must be buying the vehicle for at least 50% business use. A chattel mortgage allows you to purchase and take ownership the vehicle, but the financier takes a mortgage over the vehicle as security for the loan.

How much will a Volkswagen cost?

Running costs vary from vehicle to vehicle. A small hatch such as a Volkswagen Polo (from $16,990) is more fuel efficient and generally the cheapest to run, according to the RACV. However, another cost to look out for is whether or not your car is unleaded or diesel. Diesel cars cost more to buy and generally have higher maintenance costs as well as more expensive fuel prices. If you're worried about the cost of interest that can be accrued on your loan, using a car loan repayment calculator can help you to know what you can expect to pay over time.

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How to decide on finance for your Volkswagen

Some of the features that you should look out for when deciding on finance options include:

  • The interest rate. Remember to compare rates for the loan you're considering with similar loans. To get an idea of the true cost of the loan, look at the comparison rate. This includes the interest rate and fees.
  • Fees, and whether they're upfront or ongoing. Fees add to the cost of your loan so make sure to check what you're charged. Upfront fees can include application or establishment fees and ongoing fees can be monthly or annual fees.
  • Is there repayment flexibility? Lenders allow you to tailor your repayments to your cash flow, whether this be monthly, fortnightly or weekly. If you're able to make additional repayments, check whether you can also redraw these should you need to.
  • Balloon payments. This is an amount that is deducted from your principal, usually $5,000 or more, and which you are required to pay at the end of your loan term. While this lowers your ongoing repayments, it is a large payment to have to make at the end of your loan term, so consider this when deciding if a loan with a balloon payment is right for you.

Have more questions about financing a Volkswagen?

Should I get a new or used Volkswagen?

A new Volkswagen is guaranteed to come with no faults, you will have access to dealership finance and secured car finance and other extras, and you will have the latest car tech with it. However, new cars lose their value quickly and they will be more expensive than a used vehicle. If you buy a used vehicle you may get a better model for your budget simply because it's used, and the value of the car won't depreciate as quickly. However, you're opening yourself up to possible faults with the vehicle and, depending on the car's age, you may not be able to get a secured car loan.

What happens if I default on a secured car loan?

Your lender has the right to sell your vehicle if you are unable to pay your secured car loan.

Will I own the vehicle if I use a loan?

You will own the vehicle from the outset if you take out a secured car loan, unsecured personal loan, chattel mortgage (the vehicle will just have a mortgage over it) or dealership finance. You will not own the vehicle if you opt for a novated lease.

Volkswagen Reviews

Not completely sure if you want a Volkswagen? Read our car reviews and use our Finder Score to help you make a decision.

See all 2020 EOFY deals

Financial hardship

If you're struggling with financial hardship as a result of the COVID-19 pandemic, read our Coronavirus: What to do if you can't afford your car repayments guide.

Data indicated here is updated regularly
Name Product Number of seats ANCAP rating Price (from) Finder Score Read review
Volkswagen Golf
5 seats
5 stars
Volkswagen Amarok
5 seats
5 stars
Volkswagen Polo
5 seats
5 stars

Compare up to 4 providers

More guides on Finder

Car Loan Offers

Important Information*
Logo for IMB New Car Loan
IMB New Car Loan

You'll receive a fixed rate of 4.99% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one up to two years old.

Logo for Beyond Bank Low Rate Car Loan "Special Offer"
Beyond Bank Low Rate Car Loan "Special Offer"

You'll receive a fixed rate of 4.89% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

Logo for RACV New Car Loans
RACV New Car Loans

You'll receive a fixed rate from 4.99% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.

Logo for NRMA New Car Loan
NRMA New Car Loan

You'll receive a fixed rate of 4.99% p.a.
Purchase a new or used car up to 2 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.

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