Volkswagen Credit has several programs to help those people without an established credit history to achieve their dreams and to drive a Volkswagen. See below for a variety of finance options available to recent college graduates, international business executives and first-time VW buyers!
The College Graduate Program:
To qualify for the Volkswagen College Graduate program you simply need to provide the following:
Written verification of Graduation status, must be within 6 months of graduation or have graduated less than 24 months prior.
Telephone number for school registrar
Three personal references (not co-signors)
Proof of Employment
Other criteria are required also, please contact our Internet Sales team at 1-877-225-0727 for more details.
The Foreign Business Professionals Plan
One of the major difficulties in moving to the USA is establishing a Credit History. Volkswagen has this plan for those professionals that are in the USA on business.
Here are the requirements:
A letter from your employer detailing your Salary, Length of Contract or expected length of job in the USA.
Copy of VISA
Permanent resident card or I-94
Other criteria are required also, please contact our Internet Sales team at 1-877-225-0727 for more details.
The First Time Buyer Plan
So you are not a College Graduate and you are not a Foreign Business Professional? Volkswagen still have an option for those with a limited credit history. Here are the requirements:
Applicant cannot have ANY current or prior Automotive Credit
The Monthly Payment CANNOT exceed 18% of Gross Monthly Income
A minimum of verifiable FULL TIME employment
Minimum of 1 years residence in market not renting or living with parents
Three personal references
Credit must be in good standing (this is for individuals without a credit history)
Other criteria are required also, please contact our Internet Sales team at 1-877-225-0727 for more details.
These programs are subject to approval by Volkswagen Credit and all criteria must be provided prior to application.
