Interview: Volkswagen SA to lease rather than sell its electric cars

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Head of VW passenger cars explains why this is a good strategy to spur interest in EVs

Most people buy their cars on finance these days, but if you like to change your Volkswagen car every few years, leasing can be the cheapest option. The German brand already makes this possible whether you’re after a Polo or any of the stylish new SUVs it has recently launched.

It will be interesting to see if the leasing option that’s done in conjunction with VW Financial Services SA will positively affect the slow uptake of electric cars in SA. Knapp mentions two main challenges facing SA customers when it comes to purchasing EVs: range anxiety and residual value. Leasing will alleviate much of the financial load for customers as everything from maintenance to insurance will be handled by VWSA.

Leasing brings other benefits for the changing landscape of selling vehicles. Knapp says the new frontier in cars is over-the-air updates, which many cars are already equipped with in SA. This technology allows cars to have upgrades done remotely, but in the near future will see on-demand and subscription-based features beamed to cars.

 

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VWSAnews When will electric vehicles be produced locally?

Ons het nie eers genoeg krag vir die land nie waar gaan daar nog krag vir voertuie ook nog wees. Hierdie kite gaan nie vlieg nie

elonmusk This approach sounds very familiar...

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