At the end of a PCP contract, there are three options:
1. Part-exchange the vehicle for another vehicle of your choice;
2. Keep the current vehicle – pay the final instalment plus the ‘option to purchase fee’ and the car then belongs to you. Alternatively you can speak with a Volkswagen Financial Services Ireland customer care representative about options to extend the current finance agreement and repay the remaining amount (GMFV) over an agreed period;
3. Return the vehicle to the dealer with no further repayments.