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