[TusharK]

Volkswagen has launched Volkswagen Secure program for the Tiguan. The carmaker has also announced the launch of its first Corporate Business Centre (CBC) at EVM Motors Pvt. Ltd. in Cochin.



As part of Volkswagen Secure, customers of the Tiguan can purchase the SUV at a 55% residual value after completion of 36 months. Once the tenure is over, customers have the choice to upgrade their vehicle or can retain the vehicle by paying the remaining amount. Customers can refinance the vehicle with the support of Volkswagen Financial Services. There is also the option to return the vehicle if the customer decides so.

The Corporate Business Centre will cater to businesses and corporate customers. CBC will offer services like professional evaluation through mobile app, complimentary pick-up and drop and customized retail finance products from Volkswagen Financial Services. Customers will also be able to avail of individualized corporate offers, loyalty offers, assured buy back option, Service Value Packs and offers on trade-in and Volkswagen services.

Corporate Business Centre and Volkswagen Secure will be rolled-out in more cities within the next 12 months.

Link to Team-BHP News

[GTO]

Originally Posted by TusharK

As part of Volkswagen Secure, customers of the Tiguan can purchase the SUV at a 55% residual value after completion of 36 months. Once the tenure is over, customers have the choice to upgrade their vehicle or can retain the vehicle by paying the remaining amount. Customers can refinance the vehicle with the support of Volkswagen Financial Services. There is also the option to return the vehicle if the customer decides so.

So basically, it's just a LEASE with a fancy name? Wouldn't it be better to call it a lease . If you were interested in a lease, which call or email would you more likely respond to?

"We have just rolled out Volkswagen Secure for you"

OR

"We have just rolled out Volkswagen Leasing for you"

Typical corporate speak that has 2,000 words of confusion. Instead of the below, they could have simply said "Drive a VW Tiguan for Rs. 60,000 / month with no down payment" and have gotten 10 times the response. Note: The Rs. 60,000 is just a sample figure - I don't know the actual.

Volkswagen strengthens its Corporate programme with the launch of Corporate Business Centre & Volkswagen Secure

® Corporate Business Centre and Volkswagen Secure will be rolled-out in a phased manner to other cities within the next 12 months

® With a dedicated team the Corporate Business Centre will provide curated services to businesses across sectors

® Volkswagen Secure is available with the globally acclaimed carline, Tiguan

® After a period of 36 months or 3-years, customers can avail a residual value package of 55% by either upgrading, retaining, refinancing or returning the carline

® Both the initiatives will be supported by Volkswagen Financial Services

Mumbai: Volkswagen, Europe’s leading car manufacturer further strengthens its India priorities by launching two new initiatives today, Corporate Business Centre and Volkswagen Secure. These initiatives have been introduced as a first with EVM Motors Pvt. Ltd in Cochin with the aim to expand these services across India within the next 12 months.

Broadening the spectrum of premium mobility in India, Volkswagen Secure, a residual value initiative has been launched for the globally acclaimed carline, Tiguan. Through this initiative, prospective customers can now purchase the award winning SUV at a 55% residual value after completion of a 36-month tenure.

Further, the first Corporate Business Centre (CBC) will be situated at Volkswagen Cochin comprising of a dedicated team providing curated services to all kinds of businesses across sectors. Additionally, the CBC will host a range of services and attractive offers to its corporate customers including customized retail finance products from Volkswagen Financial Services.

Speaking on the announcement, Mr. Steffen Knapp, Director, Volkswagen Passenger Cars said, “Volkswagen Secure and Corporate Business Centre are excellent initiatives that make premium mobility more affordable and accessible to our customers in India. With a vision to achieve a 3% market share in the next five years, we’ve been working towards strengthening our businesses. Keeping customers at the centre, we’re extremely ecstatic about launching these initiatives with the confidence of expanding these services Pan India and widen the Volkswagen family.”

Notes:

I. Ten attractive highlights of the Corporate Business Centre:

a. Range of ‘German Engineering’ cars suitable for businesses/professionals

b. Relationship manager at the dealership

c. Individualized attractive Corporate offer

d. Professional evaluation through Mobile App & Special trade-in offer

e. Exclusive loyalty offer

f. Complementary pick-up and drop

g. Service value packs (SVP) at an attractive rate

h. Customized retail finance products from Volkswagen Financial Services

i. Assured Buy Back option

j. Exclusive privileges on Volkswagen services

II. The Volkswagen Secure is available for a period of 36 months or 3 years; post which customers can choose from the following options (3R’s & 1U):

[ajmat]

When I saw the Headline, I thought VW were setting up an emergency cybersecurity centre! I would have skipped this until I saw GTO has commented so I opened it up to take a peak!

[gopi_rm]

Similar leasing option is already available in Germany as a variant of car loan from VW finance. You can buy the car similar to leasing with or without downpayment. At the end of leasing period, there are 3 options:

1. Give back the car
2. Pay the remaining amount and own the car
3. Finance the remaining amount and keep the car

Even my Golf Mk7 is financed via the same scheme.

[kaviprem]

I like the glorified version in THIS context. May be, its a corporate junk! But, it works better with those corporate executives, both mid and senior level folks.
Such people may ignore or consider an offer "cheap" if VW advertise like "Drive a VW Tiguan for Rs. 60,000 / month with no down payment".

We need to see to what extent this "Secure" makes financial sense.