VW scraps £99 lease plan for up! 09 | 01 | 2012

DISAPPOINTINGLY, VW HAS PULLED the plug on its planned £99/month lease deal for the stonking wee up!

While the rest of Europe enjoys a 95€ per month special lease deal — equivalent to £75 per month — VW bosses in the UK have decided not to go ahead with a similar plan in the UK, where the figure was expected to be £99/month.

"We don’t feel we really need to offer this sort of deal because we are going to be able to sell our relatively small allocation of Ups without it," VW bosses said.

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Instead, the company — which is expecting around 8000 up! models after its launch in April — will instead opt for a more conventional finance package.

It's understood the UK's '£99 driveway lease deal' was set to be announced late last year, but was pulled at the last minute.

The 95€ deal — which is already in place In mainland Europe, and includes roadside assistance and warranty, and doesn't require a deposit — is targeted at young drivers, many of whom haven't previously been able to afford a VW model.

Read our roadtest of the all-new VW up!

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Jim McGill