How much the monthly payments are for the cheapest VW Polo Vivo

If you are aiming to buy a new VW Polo Vivo using a vehicle finance plan, then you will need to budget for R4,200 per month in payments.

This monthly amount will let you own the cheapest Polo Vivo on offer from VW, the Polo Vivo Hatch 1.4 Trendline.

The Polo Vivo is VW’s best-selling model in South Africa and the company recently revealed that of the 32,603 new vehicles it sold in the first six months of 2021, the Polo Vivo accounted for 11,560 of these units.

This entry-level hatchback is popular thanks to its price of R222,100 and the fact you can fit 4-5 people in it with ease.

In terms of power, the Vivo Trendline sports a 1.4-litre petrol engine that puts out 55kW and 130Nm – while providing a claimed fuel consumption of 5.7l/100km.

Drive is then sent to the front wheels via a 5-speed manual gearbox.

Monthly payments

To work out how much a prospective owner will pay per month to own a VW Polo Vivo Trendline using a vehicle finance plan, we performed the following calculation:

• Car Price – R221,100
• Payment Term – 60 terms (5 years)
• Interest – 9%
• Deposit – 10%
• Balloon – No balloon payment
• Extras – No optional extras

The result is a monthly finance payment of R4,200. The total interest paid back over the duration of the agreement is R49,100.

Buyers must note that the vehicle price does not include a service or maintenance plan.

VW sells optional service plans for the Polo Vivo, starting at R5,164 for a 3-year/45,000km package.

Additionally, buyers will have to budget for monthly insurance premiums and fuel costs.

These can easily add R2,000 per month to your expenses if you drive your car regularly and are a young owner with a higher insurance risk profile.