Common questions

Can you lease two vehicles at once?

Can you lease two vehicles at once?

You certainly can! In most cases you’re not limited to any particular car type, model or make. You’re not restricted to just new cars with a novated lease, either – you can lease a used car, or even your existing vehicle through a Sale and Leaseback arrangement.

How much does VW charge for extra miles on lease?

How much does VW charge for extra miles on a lease? The VW excess mileage charge is 35-cents per mile. This number is about 25% less than other European auto manufacturers, and while the goal is always to help you save, end of lease mileage adjustments can add up.

Does Volkswagen allow lease transfer?

Last time I checked, VW Credit does not support lease transfers. You need to do more research, and you definitely need to call VCI before you proceed any further.

Can you swap a lease for another lease?

One of the primary benefits while leasing a car is the fact that at the end of the lease, you are able to hand over the vehicle. In fact, you may trade in a leased car before its lease concludes, and in return you can pick up a new car lease. At the heart of the matter is the lease that will outline your obligations.

Can you salary sacrifice two cars?

Yes, you can salary package more than one vehicle as long as your employer’s policy allows you to do so and you earn sufficient income to salary sacrifice multiple vehicles.

Can I lease a car from my wife?

Things you need to know. An associate lease means, you make payments to an associate – such as a spouse, partner, relative, family company or family trust – for the use of their car. The associate will need to declare the lease payments they receive as income.

What does VW lease cover?

The lease protection Volkswagen offers for wear and tear is called the Drive Easy Lease Excess Wear Protection. With this plan, you can have up to $10,000 worth of protection toward wear and tear charges, with a $0 deductible for items covered under the policy.

Can I end my VW lease early?

Can I turn in my vehicle prior to my lease-end date? You may have to pay a fee if you end your lease early. The earlier you end the lease, the greater this charge is likely to be. Please contact a Volkswagen Credit Customer Experience Representative at +1 800 428 4034 to review your account and to discuss the process.

Can I sell my leased car?

Can you sell a leased car? The answer is yes — and it’s a good time to do so. Dealers facing tight inventories are scrambling to buy good used cars to resell. They might be willing to purchase your leased car for more than the buyout price in your contract.

Can I sell my leased car before the lease is up?

Your monthly lease payments are based on the residual value of your vehicle, which is an estimate of how much the car is worth once the lease contract expires. You also have the option to do an early buyout, the price of which includes the remaining payments and, in some cases, a termination fee.

Do you get money back for unused miles on a lease?

That said, most lease companies allow the “purchase” of extra miles at the beginning of a lease, if you feel you might need them. Then, if you find at lease-end that you haven’t used them, or all of them, you’ll typically get a refund for the unused “extra” miles.