Which finance company does Audi use?
Audi Financial Services is a trading name of Volkswagen Financial Services (UK) Limited, Brunswick Court, Yeomans Drive, Blakelands, Milton Keynes MK14 5LR, which is authorised and regulated by the Financial Conduct Authority (FCA). Volkswagen Financial Services (VWFS), the captive financial services arm of Volkswagen Group of America, and Wells Fargo (NYSE: WFC) today began their multi-year co-branded agreement under which Wells Fargo serves as the preferred purchase financing provider for the Volkswagen (VW) and Audi brands in the U. S.
Does Audi Financial have a prepayment penalty?
When you purchase your Audi with Audi Financial Services, every payment you make brings you closer to ownership. Our loan terms are flexible, ranging from 12 months to 84 months. You’ll enjoy competitive interest rates, ease of application, convenient payment plans and no prepayment penalties. It is generally possible to return a leased Audi vehicle early, but it may involve a penalty or additional early termination fees.Renew, retain or return at the end of your agreement, you can either: use any equity to trade in your current audi as a deposit for a new car; pay the optional final payment and option to purchase fee – then take full ownership; or simply hand it back to audi finance (subject to mileage and fair wear and tear charges).Yes, you could pay off your Audi finance early, but it depends on the terms of your finance agreement. Paying off your finance early might save you money on interest, but you should check if there are any early repayment charges first.You can buy the car outright (once all outstanding fees and charges are settled), return the vehicle to Audi Financial Services (subject to excess mileage and damage charges), or use any equity in the car to trade it in as a deposit for a newer model.
What is the grace period for Audi late payments?
If you forget to make your Audi payment, luckily, they have a grace period of seven to 15 days for late loan payments. Many lenders offer a small grace period—say, 5 to 15 days—but that doesn’t stop them from charging late fees or reporting your payment if it goes 30 days past due. Mark your calendar, set a reminder, or enroll in autopay if possible. Understanding your payment timeline helps you avoid unnecessary penalties and stress.
How do I get out of Audi Finance?
You can buy the car outright (once all outstanding fees and charges are settled), return the vehicle to Audi Financial Services (subject to excess mileage and damage charges), or use any equity in the car to trade it in as a deposit for a newer model. Audi Financial Services doesn’t allow you to prequalify for a car loan on its website, so you’ll need to visit your local Audi dealer to check your rates. Audi doesn’t specify the credit score you need to buy a car, but it’s typically harder to get a car loan if your credit score is below 660.