Our History

 

More than 50 years ago, Volkswagen Financial Services AG financed the first Volkswagen vehicles. Volkswagen Financial Services AG is now the largest automotive financial provider and now operates in over 50 countries worldwide.

 

Volkswagen Bank Ireland was established in October 2008, offering wholesale funding to dealers and affordable finance offers to customers. Then Volkswagen Bank Ireland, revolutionised the way cars are financed in Ireland with the introduction of PCP to the market in 2010. Since then over 70% of all new Volkswagen Bank Ireland customers buy their new cars using PCP.

 

 

2008

Volkswagen Bank Ireland opens the doors for business in April 2008.In October that year, Volkswagen Group Ireland is established.

2009

SEAT joins the Volkswagen Group brands in Ireland.

2010

Volkswagen Bank Ireland introduces PCP (Personal Contract Plan) to the Irish consumer. This innovative car financing product is met with great enthusiasm from the Irish motor industry and retail customers. For the first time, customers can have a brand new car with lower monthly payments and innovative flexibility based on the Guaranteed Minimum Future Value.

2011

Volkswagen Bank Ireland starts to offer Service Plans to customers, making the servicing costs of their vehicle affordable.

2014

Volkswagen Bank Ireland has provided nearly €3 Billion in car finance to the Irish consumer. The number of customers is in excess of 30,000. Volkswagen Bank Ireland launched its very first website, providing an online presence and support for our customers.

 

The product portfolio continues to grow and over the next few years Volkswagen Bank Ireland will have some ground-breaking products to offer the Irish consumer.

2015

Volkswagen Commercial Vehicles is the first and only car brand to offer PCP on commercial vehicles in Ireland. Another first for Volkswagen Bank, Used Car PCP is made available on used cars across all Volkswagen Group Ireland Brands.

2016

Volkswagen Group Ireland welcome Volkswagen Bank to their headquarters in Liffey Valley to create a centralised campus for Volkswagen’s Irish Business.

Another first for Volkswagen Bank Ireland sees the launch of Volkswagen Bank Motor Insurance. Further supporting financial services and creating value for our customers.

 

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Terms and conditions apply. Finance products are subject to lending criteria. VOLKSWAGEN BANK GMBH BRANCH IRELAND IS AUTHORISED BY THE FEDERAL FINANCIAL SUPERVISORY AUTHORITY (BaFIN) IN GERMANY AND IS REGULATED BY THE CENTRAL BANK OF IRELAND FOR CONDUCT OF BUSINESS RULES.