Job Loss Assurance at Timmons VW Long Beach
6 months job loss assurance for new Volkswagen buyers.
If you purchase a Volkswagen and lose your job due to economic reasons, you may be eligible to have up to 6 payments waived of up to $750/month. To be eligible, unemployment for a minimum of 30 days must occur after first 90 days of ownership and you must be receiving unemployment from your state. You must also have been employed on a full-time basis for at least 12 consecutive weeks prior to unemployment. Benefit expires 12 months from date of purchase.
Available when financing the purchase of a new, unused Volkswagen vehicle through Volkswagen Credit and participating dealers between April 15, 2020 and April 30, 2020. To be eligible, primary vehicle owner must have been employed on a full-time basis at least 12 consecutive weeks prior to date of unemployment, been unemployed for a minimum of 30 days, and must be receiving unemployment benefits from the recognized private or governmental agency in applicable state. Additional eligibility restrictions apply and must provide proof of involuntary unemployment. Individuals who become unemployed within 90 days of finance contract date or more than 12 months after are not eligible. Waiver limited to no more than 6 monthly payments, up to $750 a month and up to $4,500 total. Customer responsible for any payment amount in excess of the maximum. Not available on leases. Not available for cash. Volkswagen employees are not eligible. This is only a summary of the Program, please read the Involuntary Unemployment Payment Waiver Program Terms and Conditions (available through participating dealers) for complete details. See Timmons Volkswagen for more information.