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Volkswagen Assists College Grads with Purchasing, Leasing a VW


February 2007
 Filed under: VOLKSWAGEN CORPORATE Car News | VOLKSWAGEN CORPORATE Headlines
AUBURN HILLS, Mich., Feb. 1 /PRNewswire/ -- Volkswagen of America, Inc. today announced that it will continue to offer the College Graduate Program in partnership with Volkswagen Credit. Under this program, no leasing security deposit is required and Volkswagen pays for the first month's payment, up to $800, on Volkswagen vehicles leased or financed through Volkswagen Credit. The program is offered to eligible recent college graduates or those about to graduate and includes new, near-new, and Certified Pre-Owned Volkswagen models. It runs now through December 31, 2007.

"Volkswagen congratulates those who pursue higher education," said Adrian Hallmark, executive vice president, Volkswagen of America. "And, knowing that many students graduate burdened with student loans and very little savings, our college graduate program can help get them into a new Volkswagen and save a little money in the process."
To be eligible, customers must be within four months of graduation or have graduated no more than 24 months ago (from the date of their credit application with Volkswagen Credit), from a two-year or four-year accredited college.

Further requirements include: full-time employment or written commitment from a future employer; three personal references; a proposed monthly car payment that does not exceed 25% of gross monthly income; and credit approval through Volkswagen Credit (see dealer for details).

Founded in 1955, Volkswagen of America, Inc. is headquartered in Auburn Hills, Michigan. It is a subsidiary of Volkswagen AG, headquartered in Wolfsburg, Germany. Volkswagen is one of the world's largest producers of passenger cars and Europe's largest automaker. Volkswagen sells the Rabbit, New Beetle, New Beetle convertible, GTI, Jetta, GLI, Passat, Passat wagon, Eos, and Touareg through approximately 600 independent U.S. dealers. Visit Volkswagen of America online at www.vw.com

Source: Volkswagen of America, Inc.

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