Volkswagen e-up! From Just £199 A Month With E-Solutions Finance

MILTON KEYNES, UNITED KINGDOM – Dec 19, 2013: Canny customers can now get their hands on the all-electric Volkswagen e-up! from just £199 a month, through Volkswagen Finance’s e-Solutions personal contract plan.

It is priced at £19,250 (on the road RRP including £5,000 Government grant or £24,250 without), and is available to order now from one of 24 Volkswagen EV specialist retailers across the UK, with the first deliveries expected at the end of January.

Just like the e-up! – Volkswagen’s first modern fully electric vehicle – the e-Solutions finance plan is innovative and flexible. The customer can choose a deposit of between £2,425 and £7,125, on top of the £5,000 government grant, which also forms part of the vehicle deposit.

On a 36 month, 10,000 mile a year plan, monthly payments can be just £199, based on a combined deposit of £12,058.73 and an annual percentage rate of 6.6 per cent (see example overleaf). Unlike more conventional finance packages, however, the e-Solutions plan has a unique opt-out option. Should a customer discover that his or her lifestyle doesn’t suit an electric vehicle, then after having made 12 monthly payments, they will have the option simply to pull the plug and hand the car back (subject to terms and conditions).

As well as a competitive finance offer, UK e-up! customers will also be offered an optional wall box for home garage use from British Gas, free of cost. This provides a 3.6 kW supply and can recharge a completely flat battery in six hours. On top of this, all e-up!s have a DC fast-charging circuit as standard. Using the Combined Charging System (CCS), this enables a flat battery to be charged to 80 per cent in 30 minutes, at levels of up to 40 kW using a DC supply. Cables are provided to connect to both a standard UK three-pin socket and a CCS socket.

Based on the multi-award-winning up! city car, the e-up! comes in one high-specification trim level. With zero tailpipe emissions, a range of up to 93 miles in optimum conditions, and a standard full charge taking less than nine hours from a standard 230-Volt, 2.3 kW household socket, the five-door e-up! is as practical as it is environmentally friendly.