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SEARCHVolkswagen AG's alternative to the domestic automakers' "employee-pricing" discounts is to offer special lease deals on certain new models and 1.9 percent annual percentage rates on car loans, the Wall Street Journal reported.
Volkswagen AG’s alternative to the domestic automakers’ "employee-pricing" discounts is to offer special lease deals on certain new models and 1.9 percent annual percentage rates on car loans, the Wall Street Journal reported.
In July, VW began offering a $199/month lease on base-level Jettas to undercut competitors, such as the Ford Focus. The leasing program includes the newly redesigned Jetta and Passat sedans.
The value-pricing program is intended to generate momentum going into 2006, when the company hopes to sell 300,000 vehicles.
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