First Time Buyer Plan




  • Any New and Near New Volkswagen (see Near New Vehicle Definition)
  • Volkswagen Certified Pre-Owned
  • Retail Contracts only - First Time Buyer Plan does not apply to leases or Driver’s Option.




The dealer must provide the following information for each applicant prior to approval:


    • The customer must never have had automotive credit
    • Monthly payment may not exceed 18% of gross monthly income
    • Minimum one year of verifiable full-time employment with current employer with income commensurate with all financial obligations. A contact name and phone number within the Payroll or Human Resources Department of the applicant’s employer must be provided.
    • Minimum one year residence in dealer’s market area, renting or living with parents is allowed
    • No credit history required; however, established history must be in good standing with no previous derogatory credit
    • Three verifiable personal references; one must be a relative
    • Qualification under this program is subject to verification prior to approval


Please include the following when submitting the credit application:


    • Proof of income
    • Proof of Residency
    • Copy of Social Security Card
    • References
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