Audi Financial Services
Audi Financial Services
There's a reason Audi is defined by the ethos Vorsprung. It runs through everything that we do; from ground-breaking technology to innovative financial solutions. It's all about finding a way in the pursuit of advancement. And you'll find our flexible financial options are designed to meet your every need, so that you too can share in the Vorsprung philosophy. Audi Financial Services - a division of Volkswagen Financial Services South Africa (Pty) Ltd. An Authorised Financial Services and Registered Credit Provider. NCRCP6635.
Finance Options
Whether it belongs to you or the company, we offer a wide range of competitive finance and insurance plans, developed and tailored to your requirements. With Audi Financial Services you are dealing with people who have a close working relationship with your local dealer and who are as passionate about Audi as you are.
Instalment Sale
Instalment Sale is a simple and straightforward way to finance your vehicle. It's convenient and easy to arrange and offers flexible terms including a balloon to reduce your instalments. Financing periods can be structured from 12-72 months depending on your needs. Your car will then only belong to you once you have paid it up in full or if you take a balloon, this must also be settled. Interest is calculated at either a fixed or linked interest rate relative to the prime lending rate.
Audi Assured
Audi Assured is an Audi Financial Services product that guarantees the future value of your car at the end of the finance term that you choose to structure your financing. This finance solution is specifically tailored to meet the requirements of Audi owners which guarantees the future value of your Audi, packaged with flexible parameters, to give you peace of mind and allow you to drive the latest Audi more often.
Audi Assured Benefits
At the end of your contract term, you have three available options:
• Trade-in
• Retain
• Return
Instalment Sale with a Balloon
A balloon payment is an amount deferred to the end of the contract term in order to reduce your monthly instalments. Under the NCA, a balloon payment can now be offered to any consumer on an instalment sale. The balloon amount is traditionally associated with a projected estimate value. The estimated value is influenced by the length of the credit agreement, (i.e., 36, 48, 60, 72 months but not limited to) and by the market sentiment toward the vehicle being financed. Since the risk associated with a balloon payment is borne by the customer, the customer is liable for the full balloon value in the final month of their contract.