Special Programs at Deel Volkswagen

 

College Grad Bonus Program

Receive a $500 Bonus toward a new 2019 or 2020 Volkswagen vehicle.

See How To Qualify:

• You graduated within the last 24 months or will in the next six months from a U.S. or Canadian college or university. 
• You are a U.S. citizen or permanent resident. 
• You have a full-time (permanent) job or written commitment from your future employer.
 

Foreign College Student Program

Volkswagen Credit will extend credit to foreign students who are enrolled in colleges in the United States.

See How To Qualify:

Customer must be enrolled in a 2 or 4 year accredited U.S. college or University perusing one of the following degrees:
  • Associate's
  • Bachelor's
  • Master's
  • Doctoral
  • Nursing degree (RN or LPN)
Eligible Vehicles:
  • Any new and Pre-Owned Volkswagen vehicles.
  • Volkswagen Certified Pre-Owned vehicles (Retail Financing only)
Eligible Programs:
  • Retail Financing
  • Driver's Option
  • Leasing
Requirements:
  • Current I-20 form (Certificate of Eligibility for Non-immigrant Student Status)
  • Copies of three months of bank statements or other documentation that substantiates stability of fund flow over time.
  • Must provide phone number of school's Registrar's Office
  • Confirmation from school showing anticipated graduation date
  • Confirmation of residence and telephone prior to approval
  • Copy of Visa showing expiration date (with photo blacked out)
  • Lease or loan maturities will be limited to the anticipated graduation date as stated on the I-20 form documentation furnished by the applicant's school.
  • Qualification under the program is subject to verification prior to approval
  • Social Security # not required


   
Foreign Business Professional Program

See How To Qualify:

Eligible Vehicles:
  • Any New and Near New Volkswagen (see Near New Vehicle Definition)
  • Volkswagen Certified Pre-Owned vehicles (Retail Financing only)
Eligible Programs:
  • Retail Financing
  • Driver's Option
  • Leasing
Requirements:
  • Letter from employer stating applicant's position, hire date, income and length of stay in the United States. Applicant 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.
  • At the time of the credit decision, a copy of the applicant's United States Social Security card or copy of a letter from the Social Security Administration including the assigned Social Security number. This must be provided at the time of the application. 
  • Copy of Visa with the expiration date  (with picture blacked out). For applicant's who plan to extend their stay beyond the date shown on their Visa, we will accept the length of stay in the U.S. shown on the applicant's employment letter, employment contract, Permanent Resident Card, or I-94 form in the order to determine the specific finance terms.
  • Monthly payment may not exceed 25% of gross monthly income
  • Minimum gross income of $45,000 per year
  • Verification of residence and phone number. *Qualification under this program is subject to verification prior to final approval and funding. 

 
First Time Buyers Program


See How To Qualify:

  • Applicant must be a U.S. citizen or Permanent Resident
  • The customer must never have had automotive credit
  • Minimum one year residence in dealer's market area, renting or living with parents is allowed.
Eligible Vehicles:
  • New and Near New Volkswagen vehicles
  • Certified Pre-Owned Volkswagen vehicles
  • Pre-Owned Volkswagen vehicles
Requirements:
  • Proof of 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 the applicant's employer must be provided.
  • Documentation to verify address and phone number.
  • Copy of the applicant's United States Social Security card or copy of a letter from the Social Security Administration including the assigned Social Security number. 
  • Copy of the completed & signed VW Credit, Inc. approved credit application. 
  • References: Two verifiable personal references who reside in the United States; one must be from a relative.
Other Misc:
  • Qualification under this program is subject to verification prior to approval.
  • No credit history required; however, established history must be in good standing with no previous derogatory credit.
  • Monthly payment may not exceed 18% of gross monthly income.