LOLC Finance PLC has entered into a memorandum of understanding (MoU) with Continental Cars (Pvt.) Ltd to jointly promote Volkswagen vehicles across Sri Lanka, offering customers greater access to flexible vehicle financing solutions and exclusive benefits.
The islandwide partnership brings together LOLC Finance’s financial capabilities and extensive customer reach with the globally recognised Volkswagen brand, represented in Sri Lanka by Continental Cars. The collaboration is aimed at providing customers with a broader range of financing options while making Volkswagen vehicles more accessible.
Under the partnership, LOLC Finance will provide a range of value-added financial benefits to eligible customers purchasing Volkswagen vehicles. These include discounted insurance premiums through approved insurance partners, flexible and customised repayment plans, and operating lease facilities for corporate customers.
Eligible customers will also have the opportunity to receive a complimentary credit card facility, subject to the applicable eligibility criteria.
As part of the promotional initiative, Continental Cars will offer an exclusive Rs.100,000 discount on selected Volkswagen models. Customers purchasing either the Volkswagen Taigun or Volkswagen Virtus will be eligible for the discount, adding further value to the financing proposition offered through the partnership.
LOLC Finance Chief Operating Officer Montini Warnakula said the partnership reflects the company’s focus on providing customers with greater choice and convenience.
“This partnership with Continental Cars reflects our commitment to providing the customers with greater choice, convenience and value. By combining our flexible financing solutions with the strength of the Volkswagen brand, we are creating an attractive proposition for the customers while expanding opportunities within Sri Lanka’s automotive and financial services sectors,” he said.
The partnership will also include Volkswagen vehicle displays at selected LOLC Finance branch premises. The displays will give prospective customers the opportunity to explore the available Volkswagen models, experience the vehicles and learn more about the financing options offered through the collaboration.
Continental Cars Deputy Chairman Charu Senavirathna said the partnership would further strengthen the accessibility of the Volkswagen brand in Sri Lanka.
“Volkswagen has long been recognised for its distinctive blend of German engineering, sophisticated design, performance and premium quality. Our partnership with LOLC Finance further strengthens the value proposition for the customers by making the Volkswagen experience more accessible through attractive financing solutions and exclusive benefits. We believe this collaboration will enable more customers across Sri Lanka to experience the prestige and confidence associated with owning a Volkswagen, while enjoying greater convenience and value throughout their purchase journey,” he said.
The collaboration marks a strategic step towards creating greater value and convenience for customers while strengthening cooperation between Sri Lanka’s financial services and automotive sectors. By combining vehicle financing options with promotional benefits and direct customer engagement, the partnership aims to provide customers with a more convenient Volkswagen purchasing experience across the country.
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