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Home / Vehicle loans in Westborough Massachusetts / First Time Buyer Plan Westborough Ma | Colonial volkswagen of westborough / Volkswagen Credit College Graduate Program

College Graduate Plan Westborough MA

Eligible Vehicles

  • Any new and Near New Volkswagens
  • Volkswagen Certified Pre-Owned vehicles (Retail Financing only. Does not qualify for $500 Customer Bonus )

Eligible Programs and Customer Benefits

  • Leasing: Security deposit is not required (paid by Volkswagen Credit); $500 Customer Bonus.
  • Retail Financing: $500 Customer Bonus.

Requirements

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

  • Applicant must be a U.S. citizen or permanent resident.
  • 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:
  • Associate’s
  • Bachelor’s
  • Master’s
  • Doctoral
  • 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

Location

Colonial Volkswagen of Westborough
89 Turnpike Rd
Westborough, MA 01581

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