05-31-2012 09:05 PM
I was wondering if anyone knows much about VW Credit.
I applied online and got the we will review the application yaddy yaddy yaddy. pretty much needed further review I guess. this was last night...
This morning I got an email from VW Credit. called couple dealers and doesn't look like anyone knows what the heck it means :-x what the heck... heck I called VW Credit and they said they or least that department have no access to that and need to go to the dealership and quite frankly don't want to go all the way over there just for them to say DENIED. waste of time and gas. something they can easily say over the phone.
any help is appreciated!
Subject: Thank you for your Online Credit Application with Volkswagen Credit
Confirmation Code: 1234567
Thank you for applying for credit with Volkswagen Credit. Please visit Dealership Volkswagen to discuss your financing options on the 2012 VOLKSWAGEN Golf for which you have expressed interest. Your dealer will help you choose your specific vehicle and facilitate the financing process.
Be sure to bring the following documents to make the transaction quick and smooth:
Your valid driver’s license
Proof of insurance and agent contact information
If you are trading-in a vehicle, the vehicle title of your trade-in, or if you are still making payments, the payoff amount and the name of the company or bank that holds the loan
Your Confirmation Code: 1234567
Your selected dealer:
Phone: (123) 456-789
We look forward to serving you.
06-01-2012 12:33 AM
Im not a car dealer but IMO that sounds like they will approve you! Why would they have you bring in all the information. Remember also face to face the manager can shop you around to different lenders to make the deal.
06-01-2012 12:35 AM
Oh there is a thread here " I manage an autodealership I can help. Post him a question as he is actually a manage of a VW dealership and might help you shed some light on this email. Good Luck
06-06-2012 08:18 PM
From my experience with VW, when you apply through there website, your getting a potential approval. You will need to go to a dealer and select a car first. They have different financing offers depending on the model. They will submit a purchase purposal back to VW for complete underwriting approval. Only then find out what APR you will be offered.
Good Luck. We are looking to get another VW in 2 weeks.
07-01-2012 07:41 AM
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