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Volkswagen Financial Services: Difference between revisions
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-On average, car loan term is <u>6 years</u>. Borrowers under 30 are struggling with their car loans. | -On average, car loan term is <u>6 years</u>. Borrowers under 30 are struggling with their car loans. | ||
== | == How fast are refinancing conditions for VW Financial worsening and what is the impact of this going to be?== | ||
For fiscal year 2022,the Management Board of Volkswagen Leasing GmbH expects the IFRS operating result to improve significantly compared with the previous year. | For fiscal year 2022,the Management Board of Volkswagen Leasing GmbH expects the IFRS operating result to improve significantly compared with the previous year. | ||
Despite the many challenges that continue to persist, the volume of existing contracts at Volkswagen Leasing GmbH isforecast to be again slightly up on the prior-year level at the end of the year. | Despite the many challenges that continue to persist, the volume of existing contracts at Volkswagen Leasing GmbH isforecast to be again slightly up on the prior-year level at the end of the year. | ||