- Volkswagen Foreign Business Professionals Program
If you are a business professional from a country outside of the U.S. and want to apply for financing for your new Volkswagen model, Volkswagen of Van Nuys has the financial solution for you! We are proud to offer the Foreign Business Professionals Program, which makes it easy for you to apply for retail financing or a lease during your business stay here in the United States. There are, of course, a few stipulations to this program, so here are some of the important details you should know:
- The length of your financial contract will be limited to the length of your stay in the U.S., which is determined by your Visa, employment contract, Permanent Resident Card, or I-94 form.
- Eligible vehicle models include any new or near new Volkswagen models, as well as Volkswagen Certified Pre-Owned vehicles (retail financing only)
In order to qualify for this program, you must have a minimum gross income of $45,000 per year, and your monthly payment cannot exceed 25% of your gross monthly income. You must also provide the following requirements:
- A letter from your employer stating your position at the company, hire date, income, as well as how long you will be staying in the U.S., as well as a contact name and phone number for someone in the Human Resources or Payroll department of your employer or future employer
- A photocopy of your United States Social Security Card or a form of documentation from the Social Security Administration stating your social security number
- A photocopy of your Visa with the expiration date clearly displayed (with picture blacked out)
- Three personal references from current United States residents
- Verification of your current residence and phone number
It is important to note that qualification under this program is subject to verification before you can receive final approval or funding. All contracts are also subject to specific terms regarding down payments, security deposits, and cap costs reductions.
So if you meet all the requirements and want to purchase a new Volkswagen in Los Angeles County, CA, apply for the Volkswagen International Business Program at Volkswagen of Van Nuys. Feel free to contact us if you would like to learn more about your financial options, or visit our dealership in Van Nuys, CA today to get your car buying process started right away!