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Volkswagen Financial Services: Difference between revisions
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In the period from January to September 2022, the Financial Services Division’s sales <u>revenue</u> amounted to '''€34.8 billion''', <u>3.2%</u> more than in the same period of the previous year. There was also an <u>increase</u> in '''sales revenue''' for the l<u>easing</u> business. | In the period from January to September 2022, the Financial Services Division’s sales <u>revenue</u> amounted to '''€34.8 billion''', <u>3.2%</u> more than in the same period of the previous year. There was also an <u>increase</u> in '''sales revenue''' for the l<u>easing</u> business. | ||
== | == Which percentage of cars in VW Financial are lease vehicles and have to be resold? → Would a drop in used cars prices cause a problem?== | ||
In Q3 2022 VW CC, they said that there's an increased share of leasing contracts in the fleet business. | In Q3 2022 VW CC, they said that there's an increased share of leasing contracts in the fleet business. | ||
Even if used car prices drop this may not be a problem. As most cars would be cheaper, most of the cars that VW sells after their lease expires will get sold more easily because of the lower prices. | Even if used car prices drop this may not be a problem. As most cars would be cheaper, most of the cars that VW sells after their lease expires will get sold more easily because of the lower prices. | ||