Fleet News

VW dealers offer new cash-for-car calculator

VOLKSWAGEN Group dealers can now offer a cash-for-car calculator to assist company car drivers entitled to a cash allowance in lieu of a company car.

Volkswagen Financial Services (VWFS) has linked with accountants Deloitte & Touche to offer all dealers Driver Choice which plans in factors such as benefit-in-kind tax savings and national insurance liabilities, mileage allowances and the amount of business mileage reimbursement available under the Inland Revenue Approved Mileage Rate.

Once the variables have been put into the system, Driver Choice will then calculate the true annual and monthly net budgets available to the company car driver to provide his or her own car. Dealers, which include Volkswagen, Audi, SEAT and Skoda brands, could then suggest VWFS' recently launched New Solutions PCP package.

Brian Thomas, commercial product manager at VWFS said: 'We need to be in a position to answer any questions our customers might have and the Driver Choice calculator will enable us to do that, and offer total customer satisfaction.'

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