The expansion of the WorldAuto program at many Volkswagen dealers should give buyers with damaged credit a wider selection of vehicles to choose from for a car loan
VW Used Car Program Could Help Buyers with Poor Credit
Our experience

Similar to the program Chrysler initiated early last year, select Volkswagen dealers can now offer problem credit car shoppers that need an auto loan the ability to pick out a certified used car from another brand.

Here at Auto Credit Express we believe this is another step in the right direction. This is based on the fact that for the past two decades we've been helping car buyers with bad credit looking for online auto loans find the right car dealers that can offer them their best chances for auto loan approvals.

Certified used cars

So what are certified used cars and just exactly how are they different from traditional used cars?

A typical certified used car program works like this: If a trade in, auction purchase or off-lease vehicle meets certain manufacturer-required age and mileage restrictions, the franchised new car dealer then has the option of having it inspected.

The inspection includes a list of items that need to be repaired or replaced. If the dealer chooses not to have all this work performed, the vehicle can either be wholesaled to another dealer or placed in inventory with the regular used car inventory.

If all the required work is done, the dealer then has the option of certifying the vehicle and selling it with a manufacturer-backed used car service contract. Having it certified usually means the dealer can list it (and usually have to because of the added costs) at a higher selling price when compared to a comparable regular used car.

One thing that should be pointed out is that the length and coverage of these service contracts vary by manufacturer but just cover vehicles that the dealer is franchised to sell. That means that in order buy a manufacturer certified used Ford you have to visit a Ford dealer while you can only buy a certified used Chevrolet from a GM dealer.

This was pretty much the case everywhere until early in 2012 when Chrysler announced its "Diversified Certified" program covering non-Chrysler vehicles. Later in the year Volkswagen followed up with the latest addition to its "WorldAuto" program.

Volkswagen WorldAuto QPO program

The new VW "WorldAuto QPO" (quality pre-owned) program is similar to one Chrysler introduced this past spring, although Volkswagen dealers in Europe have been taking part in the program for over two years.

To qualify for VW's program, eligible vehicles have to have less than 75,000 miles on the odometer and be 5 model years old or newer.

Off-brand used cars that qualify are subjected to a 112-point inspection process. A Carfax vehicle history report is also included and these vehicles come with:

• A 1-Year or 12,000-mile (whichever occurs first) “limited warranty"
• $100 deductible
• Access to network of 2800+ dealerships
• Travel protection (in excess of 100 miles from home $75 a day or $225 per incident) for overnight repairs
• Rental car coverage at $35 a day for up to 10 days
• Roadside Assistance for one year (no mileage restrictions) of 24-hour roadside assistance
• Coverage for the first $50 of emergency towing service, battery jump start, flat-tire service, lockout service, and fuel-delivery service

The Bottom Line

Both Volkswagen's WorldAuto QPO and Chrysler's Diversified Certified program represent certified used car programs that offer a wider selection of vehicles for car buyers with both good and less than perfect credit.

Something else we consider to be a good thing: Auto Credit Express matches people that have experienced problems with their auto credit with new car dealers that can offer them their best chances for approved car loans.

So if you're ready to reestablish your car credit, you can begin now by filling out our online car loan application.