VW ID.3

Not true at all. If I was buying a car that someone had out on PCP I'd transfer the settlement figure directly to VW (available on VWFS) and the balance to the seller. The seller can watch me do these transfers to know they are done and we can then sign the log book. Simple. People love to make a mountain out of a mole hill.

Ok but you said PCP is inflexible when it's not but rather you being inflexible.

As for your example, with the way the price of second hand cars are gone it's unlikely that the settlement is higher than what the seller is looking for and you've agreed. If that did happen it's probably because the car has been damaged/crashed etc and you would be better walking away.

If it was a genuine reason that the settlement was higher the seller could transfer the difference between the selling price and what you are buying for to the finance company and then it's cleared.

None of us know what's around the corner but when something was around the corner with Covid, VW Bank offered a 3 month break to people, worst case scenario someone loses their job just sell the car, give VW what they're owed and hopefully keep something for themselves. All loans are a risk.

They aren't designed to lock you in any more than any other loan. The ability to use equity and roll into another new car is certainly useful for those that want it, if you walk away you lose equity but you also don't have to pay the full value of the finance. If you don't want to get another car just keep it, refinance the balloon payment and drive til the wheels fall off.

Who's going to take your car if you miss a payment? How is PCP any different to other loans for non-payment?

The mileage thing isn't really an issue either, if you end up doing more than 60,000km in 3 years the 6c/km just reduces your equity. You'll have decent equity in a VW, I'd have to have been 75,000km over in my Golf to lose my equity. You could also keep the car then it won't effect you.

Off topic for the thread I know, but the same arguments come up all the time against PCP as if it isn't just another type of finance. It's a car loan with flexibility and multiple options.

Does the Business ID4 make the grant cut (it is 60k) ? The 174hp at €53,930 on the road

Business 204hp at €55,465 on the road, both are well below the 60k cut off ?

I have a family member currently looking at one so it would be good to know that the price is actually the price, bit off id3 topic I know, apologies, the whole grant thing can be very confusing 👍🏻

I checked with the dealer, the business trim is still under threshold (if you can thust them). The finance rate is 4.9% which is a killer. I think he calculatesd the finance cost for me over 3 years and it was eye-watering €5.8k. I'm sorry but they take a run and jump with this amount of interest.

I'm surprised ID cars are 5.9%, Cupra are 2.9%. Wasn't 0% only during the pandemic to get sales? Pretty sure the ID.3 was normally 1.9%.

Either way VW have always been lousy with their electric stuff, the Golf GTE and eHybrid were always 4.9% and it would take off the cost incentive. Ideally they'd do 0% on electric stuff to make themselves look good.

I presumed that the Grant was only on a first time EV purchase..A future second EV purchase was not eligible for another Grant..????

So Buy as many EV's as you want in the future, and get a grant for each one..?

The grant is with the car, so yes you can buy as many as you want new and avail of the grant for each car. The next owner doesn't get a grant, it has already been given to that car.

The new id.4 price guide is out and it confirms that the dealership don't know their own prices. ID.4 family 204 hp is now €60465 as it lost its grant. The dog slow 174hp version (10.4s to a 100) ia now €53930. So the difference is €6535. No more 204hp versions with matrix lights with grant available. They are also now started quoting 174hp in their "ID.4 equipment hightlights" section. Cheeky

Did you try turning off the charger for a while at the circuit breaker?

I came home from hols last week and there was a red error LED on my pulsar plus. Killing it at the breaker and leaving it for a few hours usually fixes it for long enough to get a charge before it fails again. Wallbox tried to get me to restore from the app but same thing nothing happens. Initially I was dealing with them by email but got impatient and called them, new unit being sent to me under warranty. So if you find them slow by email just call. Assuming a simple breaker reset doesn't resolve your problem.

I’ll do it now but I’m 100% sure it’s software related and @McHonda just confirmed that you can’t actually do a factory reset. Will keep pressure on the customer service, they are pretty useless though.

Tried that, left for a few hours. Still charges at 1.4kW. Haven't succeeded to restore the charger to the previous version either.