Volkswagens Financing Scheme

By: Natalie Anderson

Great news from Volkswagen!

The German automaker has recently announced that some of its products like the new Volkswagen Touran and Golf S, Match, Sport and GT models are now made even more affordable due to unique finance and incentive that are available for private buyers.

The new seven-seat Touran is given a restyled nose and tail plus some new trim finishes and uprated equipment. Its reprofiled headlights framing a new chrome grille exude versatility, quality and refinement. Volkswagen is offering a discount of ?1,000 for all the Touran range. This means that the new Touran 1.6 litre S will now cost from ?13,750 while the range topping 2.0 litre TDI Sport will be available at a price of ?20,060. The said offer runs through March 31 only.
And for those who are seeking high-performance mixed with economy and practicality the Golf GT is also made affordable. There are two engine options available for the GT: a 2.0 litre TDI 170 PS diesel engine and the revolutionary 1.4 litre TSI 170 PS petrol engine. Through the new Volkswagen Finance Solutions package, customers may be able to take home a new GT 1.4 litre TSI for as little as ?249 a month.

Volkswagen Finance Solutions offer a flexible personal contract plan that allows customers to make payments from between 11/2 and 31/2 years. Plus, at the end of the agreed term customers are also given the option of either purchasing the car, return it, or use it to avail of a new Volkswagen.

Volkswagen is continuously expanding its market and has recently announced that it will continue to offer the College Graduate Program in partnership with Volkswagen Credit. The said program does not require leasing security deposit and take note, Volkswagen pays of up to $800 for the first month's payment on Volkswagen vehicles leased or financed through the Volkswagen Credit.

Who can avail? The program is open to eligible recent college graduates or those who are about to graduate and includes new, near-new, and Certified Pre-Owned Volkswagen models. Other eligible customers are those who are four months away from graduation or have graduated but not more than a 24 months ago from the date of their credit application with Volkswagen Credit from a two-year of four-year accredited college.

Additional requirements include: full-time employment or written commitment from a future employer, three personal references, a proposed monthly car payment that would not exceed 25% of gross monthly income and a credit approval through Volkswagen credit. The program is offered until December 31, 2007.
According to Adrian Hallmark, Executive Vice President, Volkswagen of America, "Volkswagen congratulates those who pursue higher education. 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."

Volkswagen of America, Incorporated was founded in they ear 1955 and is headquartered in Auburn Hill, Michigan. It is a subsidiary of Volkswagen AG headquartered in Wolfsburg, Germany. Volkswagen is Europe's largest automaker and ranked fourth in the world next to General Motors, Toyota and Ford. It is one of the world's largest producers of passenger cars and a famous brand of top-of-the-line auto parts like . Volkswagen is the manufacture of famous car models like Rabbit, New Beetle and convertible, GTI, Jetta, GLI, Passat wagon, Eos and Touareg which are sold through approximately 600 independent US dealers.

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