Volkswagen's sneaky trick to make money
Volkswagen Credit recently sent a letter to its customers, inviting them to skip a payment this month. But the fine print reveals that they will charge you $25 to take them up on their seemingly kind holiday offer.
"The holidays...time to give thanks, spread joy and shop for the best sales. Now, here's the perfect "gift" to help you stretch your holiday dollar. Volkswagen Credit is offering you the opportunity to 'skip' your December 2006 payment on your current account listed above. [...] Upon receipt of your extension agreement, we will assess your account a $25.00 extension fee, payable on your next due invoice. There is no need to send money at this time. [...] Happy Holidays!"I like the way Volkswagen put the word "gift" in quotes.
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Mark Frauenfelder
My latest book, Made by Hand, now in paperback. Follow me on Twitter.
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