<p>Volkswagen India on Wednesday introduced leasing options and flexible financing instruments for purchase of its vehicles with an aim to drive sales in a market battered by COVID-19 disruptions.</p>.<p>Under its omni-channel mobility solutions, the company has integrated 'Power Lease' -- a 'pay-for-usage' model complete with zero down payment scheme -- with Volkswagen Secure which allows customers to purchase a Vento or a Tiguan Allspace model with flexible down payment and low EMI, including insurance coverage for a tenure of three or four years.</p>.<p>Commenting on the omni-channel mobility initiative Volkswagen Passenger Cars India Director Steffen Knapp said, "with the prevailing economic situation, we, at Volkswagen would like to offer customers financial prudency through our omni-channel mobility program."</p>.<p>The Volkswagen Secure and Power Lease initiatives provide customers the power and independence to purchase their favourite Volkswagen in a hassle-free, contactless and digitalised manner, he added.</p>.<p>In the current scenario, wherein accessible individual mobility is on the rise, these solutions will reduce the financial strain on customers, the company added.</p>.<p>Through Volkswagen Power Lease, a customer can access all Volkswagen BS-VI cars and avail 'pay-for-usage' model complete with zero down payment, low rental charges, insurance coverage and flexible maintenance option across varied tenure period of two, three and four years, the statement said.</p>.<p>Customers will have the option for either wet lease or dry lease. While wet lease covers all maintenance cost and offers buy-back at the market value of the car; under dry lease customer will have to bear the maintenance cost and the buy-back will be available only at a pre-determined value.</p>.<p>Power Lease also enables a customer upgrade to other Volkswagen models, avail tax benefits depending on the customer's financial preferences while providing lucrative buy-back/retain options, it added.</p>.<p>As part of Volkswagen Secure, customer will also get guaranteed residual value along with an assured buy back option. The customer may also choose to retain the car/upgrade to another model with refinance options available from Volkswagen Financial Services, the company said.</p>
<p>Volkswagen India on Wednesday introduced leasing options and flexible financing instruments for purchase of its vehicles with an aim to drive sales in a market battered by COVID-19 disruptions.</p>.<p>Under its omni-channel mobility solutions, the company has integrated 'Power Lease' -- a 'pay-for-usage' model complete with zero down payment scheme -- with Volkswagen Secure which allows customers to purchase a Vento or a Tiguan Allspace model with flexible down payment and low EMI, including insurance coverage for a tenure of three or four years.</p>.<p>Commenting on the omni-channel mobility initiative Volkswagen Passenger Cars India Director Steffen Knapp said, "with the prevailing economic situation, we, at Volkswagen would like to offer customers financial prudency through our omni-channel mobility program."</p>.<p>The Volkswagen Secure and Power Lease initiatives provide customers the power and independence to purchase their favourite Volkswagen in a hassle-free, contactless and digitalised manner, he added.</p>.<p>In the current scenario, wherein accessible individual mobility is on the rise, these solutions will reduce the financial strain on customers, the company added.</p>.<p>Through Volkswagen Power Lease, a customer can access all Volkswagen BS-VI cars and avail 'pay-for-usage' model complete with zero down payment, low rental charges, insurance coverage and flexible maintenance option across varied tenure period of two, three and four years, the statement said.</p>.<p>Customers will have the option for either wet lease or dry lease. While wet lease covers all maintenance cost and offers buy-back at the market value of the car; under dry lease customer will have to bear the maintenance cost and the buy-back will be available only at a pre-determined value.</p>.<p>Power Lease also enables a customer upgrade to other Volkswagen models, avail tax benefits depending on the customer's financial preferences while providing lucrative buy-back/retain options, it added.</p>.<p>As part of Volkswagen Secure, customer will also get guaranteed residual value along with an assured buy back option. The customer may also choose to retain the car/upgrade to another model with refinance options available from Volkswagen Financial Services, the company said.</p>