Vehicle Loss Privilege Program

We can help

When your vehicle is a total write-off and your balance on your vehicle loan is more than what your vehicle is worth, Negative Equity Privilege can step in to help out. By providing an in-store loyalty discount†† for the difference between your insurer settlement amount and the remaining loan balance, this program can help you replace your Volkswagen.

Vehicle Loss Privilege Programs

Total Loss Event Privilege Sometimes, you just have to let go. Your insurer would call this a total loss of your vehicle, from such things as collision, fire or theft. In such a scenario, your insurer will quite often only pay the fair market value of your vehicle. With Total Loss Event Privilege, you’re eligible for a fixed in-store loyalty discount†† towards a replacement vehicle which helps offset some of the added cost of getting that new set of wheels.

Partial Loss Event Privilege In case your last fender-bender resulted in a damage record on your vehicle’s history report, a damage declaration could reduce the resale value of your vehicle. That’s why having a Partial Loss Event Privilege can be so beneficial. When it’s time to purchase or lease a new vehicle, it provides an in-store loyalty discount†† to help you make up for the loss in resale value.

Theft Event Privilege With Theft Event Privilege, in the event your vehicle is stolen and not recovered, you are eligible for a fixed in-store loyalty discount †† towards a replacement vehicle.


  • Payable in affordable monthly installments
  • 60-day money back guarantee
*The contents provided are only a summary of certain terms and conditions of the contract. Please refer to the actual contract for complete details of coverage and exclusions. The terms and conditions of the contract shall supersede the contents provided in this brochure. The contract may not be available in all Provinces or Territories and specific provisions may vary based upon individual Provincial or Territorial requirements. European or US models may be shown. Photos for illustration purposes only. Some items, such as wheels, may be unavailable on some trim levels when vehicle is built or may not be available in Canada. (E&OE). ©Volkswagen Canada, “Volkswagen Protection Plus”, “Volkswagen“ and the Volkswagen logo are registered trademarks of Volkswagen AG.