How much of a deal is a Golf for £199 a month?

111 – How much of a deal is a Golf for £199 a month?

R By Ralph Morton

18 January 2009 2 min read

VOLKSWAGEN Finance Solutions is offering the new VW Golf SE 1.4-litre TSI 122 PS 5dr for £199 per month.

A Golf with the great turbo- and super-charged engine for under £200 a month?

Yes, I’ll have some of that.

Hmmmm, are you sure?

Headline rates aren’t all they appear

On the surface this seems a great deal. But it comes at a hefty cost. You need to put down a deposit of over £4000. Given how tricky credit is at the moment, that doesn’t seem so clever to me.

How about a Personal Contract Hire deal instead?

Well, that’s not on offer from Volkswagen Finance Solutions. But it is from Concept Vehicle Leasing, a BVRLA approved leasing broker – and a contributor to this website. But, the monthly cost is £328 a month. That’s a lot more. But in terms of cash flow it’s a lot easier. Even though you need a £900 downpayment.