College Graduate Plan
- Any new and Near New Volkswagens
- Volkswagen Certified Pre-Owned vehicles (Retail Financing only)
Eligible Programs and Customer Benefits
- Leasing: Security deposit is not required (paid by Volkswagen Credit); VWoA will pay a $500 College Grad Bonus now through June 30, 2016.
- Retail Financing: VWoA will pay a $500 College Grad Bonus now through June 30, 2016.
- Driver’s Option: VWoA will pay a $500 College Grad Bonus now through June 30, 2016.
The dealer must provide the following information for each applicant prior to approval:
- Must be within six months of graduation or have graduated no more than 24 months prior to the date of his/her credit application, from a 2- or 4-year accredited U.S. or Canadian college or university with one of the following degrees:
- Nursing degree (RN or LPN)
- Written verification of graduation status is required via copy of diploma or official letter
from University Office of Records and Registration with official signatory affixed thereto
- Must provide phone number of school’s Registrar’s Office
- Monthly payment cannot exceed 25% of gross monthly income
- Employed full-time or have verifiable commitment of employment from future employer. Must provide a contact name and phone number for someone in the Payroll or Human Resources Department of the applicant’s employer or future employer.
- No credit history required; however, established history must be in good standing and have no previous derogatory credit
- Must provide three personal references who can be contacted directly
- Qualification under this program is subject to verification prior to approval