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Used Volkswagen Polo on Finance

Representative example: borrowing £6,500 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £166.07 per month, with a total cost of credit of £3,464.37 and a total amount payable of £9,964.37.

Getting a Volkswagen Polo on finance

The Volkswagen Polo, recognized for its reliability, compact size, and efficient performance, is a favorite among various demographics, especially young and urban drivers. If you're exploring ways to get a used Polo on finance, here's a guide to assist you through the process.

Preliminary Steps:

1. Budgeting:

  • Establish a clear budget, considering monthly payments, insurance, maintenance, and unforeseen expenses.

2. Credit Score Check:

  • A good credit score may provide you access to better finance deals and interest rates.

3. Selecting a Model:

  • Determine the Polo model, year, and specifications that best fit your requirements and budget.

4. Vehicle Check:

  • Engage in a thorough examination of the vehicle’s condition and history.
  • A professional inspection can help avoid future surprises.

Financing Options:

1. Personal Loan:

  • A straightforward way to finance, allowing you to own the car immediately and repay the loan in monthly instalments.

2. Hire Purchase (HP):

  • Involves paying a deposit followed by fixed monthly payments. After the final payment, the car is yours.

3. Personal Contract Purchase (PCP):

  • Offers lower monthly payments with flexibility at the contract end to return, buy, or part-exchange the vehicle.

4. Lease Purchase:

  • Resembles PCP but compels you to buy the car at the end of the agreement.

5. Dealership Financing:

  • Dealers might offer finance deals, ensure to compare these with other options for best value.

6. Peer-to-Peer Lending:

  • Directly borrow from individual lenders via online platforms, ensuring you understand the terms and validate the platform.

Step-by-Step Purchase Guide:

1. Choose a Dealer:

  • Ensure they are reputable and offer clear and complete vehicle histories.

2. Negotiate:

  • Be prepared to discuss prices and confirm all costs are transparent.

3. Test Drive and Inspection:

  • Conduct a thorough test drive and consider a professional vehicle check.

4. Secure Financing:

  • Upon choosing a finance option, carefully review all terms and confirm they fit within your budget.

5. Insurance:

  • Acquire an insurance policy before the vehicle is in your possession.

6. Finalize Paperwork:

  • Ensure all paperwork, including the V5C and MOT certificates, are in order and retain copies for your records.

Additional Tips:

  • Resale Value: Consider models and specifications that maintain good resale value.

  • Warranty: Check if the car is still under manufacturer’s warranty or if the dealer offers any warranty on the purchase.

  • Total Payable Amount: Ensure clarity about the total amount payable over the finance term.

  • Early Repayment: Check if there are penalties for repaying the finance early in your agreement.

Conclusion:

Financing a used Volkswagen Polo involves thorough research, careful budgeting, and understanding the various finance options available. By taking a methodical approach and perhaps consulting with a financial advisor, you will be better positioned to make informed decisions, ensuring that your purchase is sound and satisfactory.

About the Volkswagen Polo

The Volkswagen Polo, a name synonymous with reliability and efficiency, has been a consistent performer in the supermini segment since its introduction in the 1970s. Over the years, it has garnered the admiration of many, not just in the UK, but globally, standing as a testament to Volkswagen's ability to create versatile vehicles for every segment.

A Journey of Evolution:

From its humble beginnings as a compact, practical hatchback, the Polo has undergone significant transformations. Each generation brought refined aesthetics, improved technology, and a more spacious interior, adapting to the needs of contemporary drivers without losing its core identity.

Tech-Savvy and Comfort-Oriented:

Modern Polos come packed with a suite of technological advancements. Features like adaptive cruise control, touchscreen infotainment systems, and a range of driver-assist systems highlight Volkswagen's commitment to marrying tradition with innovation. The cabin, too, echoes a sense of refined minimalism, ensuring comfort on every journey.

Amidst a Sea of Rivals:

In a bustling segment, the Polo faces competition from the likes of the Ford Fiesta, Renault Clio, and the Peugeot 208. However, with its blend of build quality, efficient performance, and the trust associated with the Volkswagen badge, the Polo has managed to carve a niche for itself.

What Lies Ahead:

With whispers of electric and hybrid versions in the pipeline, the future looks bright for the Polo. Volkswagen's commitment to sustainability ensures that this beloved model will continue to evolve, adapting to the needs of a new generation of environmentally-conscious drivers.

Wrapping Up:

The Volkswagen Polo, through its various iterations, has proven that a car's worth isn't defined by its size. Offering a blend of performance, technology, and comfort, it stands as a beacon of what a supermini can achieve.

Volkswagen Polo Data by County

Volkswagen Polo data for the amount in stock, average price, age and mileage throughout the UK and by county.

CountyStockAvg PriceAvg AgeAvg MileageRecent Sales
All5,326£12,129741,90113,143
Aberdeen City38£16,251423,454145
Aberdeenshire17£14,443527,73351
Angus2£5,9931269,2129
Antrim9£10,694651,40423
Ards7£8,814964,16110
Armagh2£5,8951284,7139
Ballymena18£13,358644,88234
Ballymoney1£6,995984,9701
Banbridge1£10,690839,9101
Barking & Dagenham - Greater London2£5,5291287,3522
Barnet - Greater London3£9,928944,52318
Bedfordshire105£8,6841056,906174
Belfast7£14,526518,22963
Berkshire121£9,9761049,737313
Bexley - Greater London1£6,9501241,0008
Blaenau Gwent11£12,324727,54325
Brent - Greater London18£17,773213,62848
Bridgend2£9,495962,3911
Bristol77£9,804858,403185
Bromley - Greater London10£15,314429,17331
Buckinghamshire78£13,727537,994225
Caerphilly3£10,599664,00124
Cambridgeshire114£12,942539,894246
Cardiff33£15,285422,67069
Carmarthenshire10£10,4741044,09011
Carrickfergus4£11,649652,7002
Ceredigion29£12,516737,77472
Cheshire116£13,116533,041363
City of Edinburgh106£15,800424,685238
City of London - Greater London116£10,802744,584296
Clackmannanshire1£14,99857,331-
Coleraine7£14,782425,6025
Conwy21£16,320522,56027
Cookstown10£13,733541,19814
Cornwall22£14,745426,60559
County Durham46£11,333749,845190
Craigavon5£15,295421,70114
Croydon - Greater London22£10,434942,78454
Cumbria68£15,912422,994180
Derbyshire78£13,314533,202224
Derry12£11,814645,76715
Devon89£14,187631,362231
Dorset83£14,390726,328150
Dumfries and Galloway5£13,795636,23911
Dundee City22£15,764421,30468
Dungannon1£7,5951042,0004
Ealing - Greater London23£5,8991358,08935
East Ayrshire8£10,069748,08934
East Dunbartonshire6£14,565424,6566
East Lothian2£6,7231074,0081
East Riding of Yorkshire19£11,679738,08076
East Sussex38£13,868531,74089
Enfield - Greater London8£9,744943,21611
Essex127£13,330632,660325
Falkirk11£10,838850,59716
Fermanagh7£14,879431,34111
Fife46£15,187426,557133
Flintshire10£10,2308118,1721
Glasgow City104£15,554320,189238
Gloucestershire51£13,692528,871106
Greater Manchester304£12,885638,990643
Greenwich - Greater London1£12,990616,447-
Gwynedd6£11,013848,2049
Hampshire125£12,232740,178339
Harrow - Greater London22£8,160854,64020
Havering - Greater London38£13,635532,18071
Herefordshire19£12,477636,41861
Hertfordshire181£11,253743,576411
Highland18£14,563426,75650
Hillingdon - Greater London31£9,037955,24679
Hounslow - Greater London8£7,0041267,99820
Inverclyde15£16,055318,12217
Isle of Anglesey1£2,99513122,899-
Isle of Wight6£10,378957,25012
Kent150£13,728530,842403
Kingston upon Thames - Greater London7£6,4061358,94716
Lancashire149£13,174634,574392
Larne1£9,250758,0006
Leicestershire63£12,352639,580156
Lincolnshire64£12,305638,753149
Magherafelt5£5,2871190,0443
Merseyside63£13,938526,658170
Merthyr Tydfil23£15,673425,72537
Merton - Greater London2£6,594970,4234
Monmouthshire6£9,0621058,3839
Moray11£12,373832,92631
Neath Port Talbot4£24,14426,82022
Newport26£15,185422,71281
Newry and Mourne3£10,380756,7846
Newtownabbey7£10,154846,81237
Norfolk99£11,334744,597225
North Ayrshire18£11,026744,90918
North Down5£9,883955,16123
North Lanarkshire43£14,879425,34799
North Yorkshire103£13,539532,478243
Northamptonshire54£11,074742,187137
Northumberland7£10,999737,41330
Nottinghamshire70£11,168741,894184
Omagh4£7,373973,2844
Oxfordshire45£13,924532,192124
Pembrokeshire7£16,268327,45221
Perth and Kinross9£16,526422,52738
Powys1£1,29518122,0001
Redbridge - Greater London5£7,0361073,5805
Renfrewshire72£16,967316,312119
Rhondda Cynon Taf7£8,7111074,68116
Richmond upon Thames - Greater London8£13,628534,4459
Scottish Borders3£11,325647,68718
Shropshire36£14,421530,007105
Somerset73£15,243427,397158
South Ayrshire18£16,024425,71741
South Lanarkshire5£14,224423,60321
South Yorkshire104£10,885748,082293
Staffordshire66£14,003533,430281
Stirling33£15,607321,94463
Strabane2£11,970657,0941
Suffolk86£11,739640,868210
Surrey125£12,522735,214333
Sutton - Greater London3£7,8621153,3337
Swansea45£12,673633,03194
Tyne and Wear104£12,341638,836265
Waltham Forest - Greater London9£12,387531,7305
Wandsworth - Greater London21£18,509312,08550
Warwickshire63£13,037541,27591
West Dunbartonshire5£13,117537,84113
West Lothian12£14,998329,48239
West Midlands207£12,775636,397482
West Sussex95£14,472528,124178
West Yorkshire179£10,473848,229513
Wiltshire56£13,201635,334164
Worcestershire42£15,564424,556119
Wrexham5£16,361528,47324
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