Volkswagen

Teddy Volkswagen of the Bronx

3743 Boston Road
Directions Bronx, NY 10466

  • Sales: (877) 293-1367
  • Service: (877) 331-7921
  • Parts: (877) 340-3834
Info

VW College Graduate Program

Eligible Vehicles:

  • Any new, near new, and Certified Pre-Owned Volkswagens
Eligible Programs and Customer Benefits
  • Leasing: Security deposit is not required (paid by Volkswagen Credit); first month's payment limited to $500 (paid by VWoA) for new & near new vehicles
  • Retail Financing: First month's payment limited to $500 (paid by VWoA) for new & near new vehicles
  • Certified Pre-Owned : Qualify for program, but do not qualify for the first month payment waiver

Requirements:

  • 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.
  • 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 within four months. (Pay stub or job letter). 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 two personal references of individuals residing in the United States who can be contacted directly
  • Signed credit application
  • Qualification under this program is subject to verification prior to approval


Foreign College Student Plan

Volkswagen Credit will extend credit to foreign students who are enrolled in colleges in the United States.

Eligible Vehicles:

  • Any new and Near New Volkswagen (see Near New Vehicle Definition)
  • Volkswagen Certified Pre-Owned vehicles (Retail Financing only)
Eligible Programs:
  • Retail Financing
  • Leasing
Requirements:
  • Customer must be enrolled in a 2- or 4-year accredited U.S. college or university pursuing one of the following degrees:
    • Associate's
    • Bachelor's
    • Master's
    • Doctoral
    • Nursing degree (RN or LPN)
  • Current I-20 form (Certificate of Eligibility for Non-immigrant Student Status)
  • United States Social Security card *(see exceptions below)
  • Copies of three months of bank statements or other documentation that substantiates stability of funds flow over time
  • Must provide phone number of school's Registrar's Office
  • Two complete personal references from individuals residing in the United States
  • Confirmation from school showing anticipated graduation date
  • Confirmation of residence and telephone prior to approval
  • Copy of Visa showing expiration date (with photo blacked out)
  • Lease or loan maturities will be limited to the anticipated graduation date as stated on the I-20 form documentation furnished by the applicant's school
  • Signed credit application
  • Qualification under this program is subject to verification prior to approval
  • Term Contract length will be limited to the anticipated graduation date as stated on the I-20 form.

Exceptions: Aliens not engaged in a trade or business who are attending a recognized post-secondary school or in any training program supervised or conducted by any Federal agency or immediate family member of such an alien (these are F-1, F-2, J-1, J-2, M-1 and M-2 aliens) will not be given a non-work Social Security Number by the Social Security Administration.

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