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volkswagen fox is unleashed today

Apr 28, 2006

Today marks the official launch date of the Fox, Volkswagen’s new entry level model.  Customers, who have been ordering the Fox since January this year, will now be able to drive their new cars away from Volkswagen Retailers across the UK.

The Fox is designed to give customers exceptional space in a high-value, high-quality package.  At 3.83 metres, the Fox is longer than the Lupo it replaces, but shorter than a Polo.  Within a height of 1.54 metres it can accommodate four large adults, or two occupants plus one cubic metre of luggage with the rear seats folded.

It is offered with three doors, a choice of two petrol engines – a 1.2-litre 55 PS and a 1.4-litre 75 PS – and in two trim levels.  The entry level Fox benefits from power steering, a CD player, ABS, twin airbags and, with the 1.2-litre engine, the lowest possible insurance rating – 1E.  The higher specification Urban Fox gains extra equipment and trim.

The Fox harnesses traditional Volkswagen values of low cost of ownership and durability, with a galvanised steel body and extensive use of laser welding.  A sliding rear bench seat is standard in the Urban Fox and optional on the Fox – it can be moved through 15 cms lengthways and is split 50:50.  Surprisingly, the new Volkswagen Fox is larger and lower priced than the Lupo model it replaces.  Prices start at £6,590 (OTR RRP) for the 1.2-litre and £7,395 for the 1.4-litre.  In Urban trim, prices are £7,190 for the 1.2-litre and £7,995 for the 1.4-litre.

Helping drivers to get on the road, from launch until 30 September 2006, Volkswagen Finance is offering all retail customers who purchase a Fox with a Solutions finance package free servicing for three years or 30,000 miles (whichever comes sooner).

The free servicing package comprises lubrication service at 10,000 miles or 12 months; inspection service at 20,000 miles or 24 months; and a lubrication service at 30,000 miles or 36 months.

Two full examples of the Fox Launch Campaign are set out below which illustrate a £1,560.37 deposit and £89.00 per month option and a £135.00 deposit followed by £135.00 per month alternative:

Fox 1.2

Term (months) 36
Mileage (per annum) 10,000
35 monthly payments of £89.00
Optional final payment £2,875.00
Option to purchase fee payable with optional final payment £185.00
On the road retail cash price £6,590.00
Advance payment/deposit £1,560.37
Amount of credit £5,029.63
Total amount payable £7,735.37
Typical APR 9.8%
Excess mileage (inc. VAT) 4.23p                 

Fox 1.2

Term (months) 36
Mileage (per annum) 10,000
35 monthly payments of £135.00
Optional final payment £2,867.84
Option to purchase fee payable with optional final payment £185.00
On the road retail cash price £6,590.00
Advance payment/deposit £135.00
Amount of credit £6,455.00
Total amount payable £7,912.84
Typical APR 9.5%
Excess mileage (inc. VAT) 4.23p

Around 80 per cent of new cars are purchased with some form of finance or borrowing.  Volkswagen Retailers can provide a service to customers interested in purchasing with finance through Volkswagen Finance. 

The financial services arm of the Volkswagen Group, Volkswagen Finance supports the retailer network with a range of finance and insurance products including its flexible personal contract plan – Solutions.  The combination of brand values and inherent quality along with the flexibility of Solutions could ensure that a customer gets more Volkswagen for their motoring budget. 

Established in 1994, Volkswagen Finance is a trading name of Volkswagen Financial Services (UK) Limited, a wholly owned subsidiary of Volkswagen Financial Services AG, based in Braunschweig, Germany.

(ends)

Note to editors: For further information on Volkswagen Finance, or for a finance example, please contact Philip Grisewood, VWFS Press Office, Brunswick Court, Yeomans Drive, Blakelands, Milton Keynes, MK14 5LR.  Telephone 01908 485797 or 07803 511269.

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