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First Time Buyer Plan

Vehicles

• Any New and Near New Volkswagen

• Volkswagen Certified Pre-Owned

Retail Contracts only - First Time Buyer Plan does not apply to leases or Driver’s Option.

Requirements

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