Volkswagen PCP Calculator
Calculate your Volkswagen PCP monthly payments. Get instant quotes with our free Volkswagen PCP finance calculator.
Used by 5000+ users
Free to use • No registration required • Instant results
Volkswagen PCP Calculator
Final payment: £9000.00 (30%)
Volkswagen PCP FAQs
What is the balloon payment on a Volkswagen PCP and how is it calculated?
On Volkswagen PCP, the “balloon” is the Optional Final Payment / GMFV. It’s the amount you can pay at the end if you want to own the car, and it’s set at the start based on the predicted future value assuming the mileage and condition are as agreed. GMFV is typically influenced by the model, contract length, and annual mileage (and wider resale-value data).
Can I end my Volkswagen PCP early using voluntary termination?
Yes — you can VT your Volkswagen agreement at any time, but you’ll normally need to have paid (or pay up to) 50% of the Total Amount Payable (which includes interest/fees and usually the balloon/optional final payment in the TAP figure). You must also have taken reasonable care of the car; damage beyond fair wear and tear can still be charged.
Can I return my Volkswagen at the end of the PCP deal?
Yes. If you choose the “hand back” option for your Volkswagen at the end, you can return the car with nothing more to pay, provided you’re within the agreed mileage, the vehicle meets condition standards (fair wear and tear), and your account is up to date.
Can I pay off my Volkswagen PCP early?
Yes. You can request an early settlement figure from your lender and repay the agreement early; the lender must provide the figure and it’s typically valid for 28 days. The settlement figure reflects what’s outstanding (and may include admin fees); you generally don’t pay all the future interest you would have paid if you ran the agreement to term.
Is Volkswagen PCP better than Hire Purchase (HP)?
It depends what you want. PCP usually has lower monthly payments for a Volkswagen because a chunk of the cost is deferred into the Optional Final Payment/GMFV, and you can hand the car back at the end (subject to terms). HP usually has higher monthly payments, but there’s no balloon and you become the owner once you’ve made all payments (and any purchase fee, if applicable).
What counts as fair wear and tear on a Volkswagen PCP return?
Most lenders reference the BVRLA Fair Wear & Tear standard. In plain English: normal, age/mileage-related marks are usually fine; avoidable damage to your Volkswagen (e.g., heavy scuffs, dents, cracked trim, badly damaged wheels) may be chargeable.
Can I part-exchange my Volkswagen PCP car before the agreement ends?
Often, yes — but it depends on equity. The dealer will value the car and compare it to your settlement figure. If the Volkswagen is worth more than the settlement figure (positive equity), the difference can go toward your next deal. If it’s worth less (negative equity), you’d usually need to cover the shortfall (or roll it into a new agreement, which can increase costs).
What fees are included in Volkswagen PCP and what APR will I pay?
Fees and APR vary by lender and offer, but PCP agreements for a Volkswagen commonly include things like an option-to-purchase/purchase fee if you buy the car at the end (the amount varies by lender). APR can range from promotional rates (including 0% on selected offers) to higher representative APRs depending on the deal and your credit profile.
What happens to my Volkswagen PCP if the car is written off?
If your Volkswagen is written off or stolen, your insurer typically pays the market value to settle the claim — but that payout may be less than what you still owe on the finance, leaving a shortfall you’d need to cover. This is why some people consider GAP insurance, which is designed to cover certain “insurance payout vs finance owed” gaps (policy-dependent).
How much is a Volkswagen Golf per month on PCP?
It depends mainly on: deposit, term length, APR, annual mileage, and the GMFV set for that exact Volkswagen Golf. A PCP quote is the only way to get a precise figure for your scenario.
Can I get Volkswagen PCP with £0 deposit?
Sometimes. “Zero deposit” (or low advance payment) offers exist for Volkswagen cars, but they usually mean you’re borrowing more — which can increase monthly payments and total interest, and approval depends on lender criteria.
What happens if I exceed the mileage limit on my Volkswagen?
If you return the car and you’ve exceeded the agreed mileage, you’ll be charged an excess mileage fee (plus VAT) at the pence-per-mile rate stated in your agreement. Across UK agreements, rates vary widely, so it’s best to check your quote/contract.
Can I get PCP on a used Volkswagen?
Yes — PCP is available on many used Volkswagen cars. Availability depends on the lender’s age/mileage criteria for the vehicle, and the GMFV/Optional Final Payment is usually lower on used cars (because more depreciation has already happened), which can affect the monthly payment.