First Time Buyer Program

We want to make it easier to get behind the wheel of a VW, which is why Volkswagen Credit has designed a specific loan for first-time buyers. If this is the first car you have ever financed and you have had a full-time job for the past year, you're qualified! Let DeMontrond Volkswagen help make your dreams come true with getting behind the wheel of a New Volkswagen or Certified Pre-Owned Volkswagen.

Vehicles

Any New Volkswagen and Near New Volkswagen (see Near New Vehicle Definition) 

Certified Pre-Owned Volkswagen 

Retail Contracts only - First Time Buyer Plan does not apply to a Lease or Driver's Option. 

Requirements

The applicant must provide the following information for each loan application prior to approval: 

• The applicant 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 
• Two verifiable personal references who reside in the United States; 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 
• Signed credit application 
• References