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2009 Volkswagen Routan comes with college tuition voucher

 
4 2,087 views Aug 26, 2008
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2009 Volkswagen Routan comes with college tuition voucher

2009 Volkswagen Routan comes with college tuition voucher

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This year has seen a larger-than-normal number of advertising and marketing gimmicks as carmakers work to rally sales despite tough conditions. Fuel incentives, loan incentives and employee pricing are just a few of the methods that have been employed. But Volkswagen is taking the idea a step further by depositing $1,500 into a college tuition account for buyers that make a down payment on the Routan minivan.

The account will be held by Upromise, Inc., until it is transferred to a college savings fund, known as a 'Section 529' account. Upromise is owned by SLM Corp., which also owns Sallie Mae Bank, so this is no fly-by-night operation. Already Volkswagen claims 6,000 people have taken advantage of the offer, reports The Wall Street Journal, proving that it works to some degree.

Whether it will see the sort of tepid longer-term response that the fuel-incentive offers of the past few months have received will be a test of time. The new Routan minivan, based on the Chrysler Town & Country platform - which also hosts the Dodge Caravan - will be built by Chrysler for the German carmaker at the company's Windsor, Ontario plant. The production outsourcing is designed to help cut costs.

Chrysler itself has been one of the leading proponents of fuel incentives for its vehicles, with its 'Let's Refuel America' campaign. That effort has been a flop, for the most part, with only about 5-10% of customers taking the fuel offer over the more conventional cash incentives or low-interest financing.



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Comments (4)

  1. By HECTOR Posted: 8/26/2008 6:55pm PDT

    I rather my kids work at a car wash when they grow up than buy this horrible looking and probably unreliable crapmobile.
     
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  2. By NoNameDenton Posted: 8/26/2008 7:11pm PDT

    Yeah Hector, everyone has dreams of their kids working for minimum wage the rest of their lives.
     
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  3. By craigs Posted: 8/27/2008 7:51am PDT

    This discussion is interesting!! :-)
     
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  4. By Paul Posted: 8/27/2008 2:02pm PDT

    It's just an incentive. Not a way of life. I'm sure almost everyone who takes advantage already wanted the VW. There just trying to get people to feel good about their purchase.
    "Just sign right here and will bring it around for you....."

    Hey is VW still doing the carbon offset program? At least this one gives u something tangible.
     
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