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Volkswagen Passat Prices Paid and Buying Experience

3276 messages,  Last post on Nov 09, 2008 at 9:02 PM

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What is this discussion about? Volkswagen Passat, Sedan, Wagon

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#1228 of 3276 Jason by im_brentwood Jul 01, 2001 (3:29 am)
Yeah!   Tell him Bill Weismann from Montclair says Hi and I hope all is well. I lost his e-mail. Give him my best regards!   Bill
#1229 of 3276 Drivers option? by venanzik Jul 02, 2001 (9:18 am)
I would like to know if anyone has recently used this plan through vw. or knows more about it. Are there any disadvantages to be aware of? How are the payments figured out? I posted questions on this once before in other places but didnt seem to get any responses. i was planning on leasing or using the buyers option on a new passat..thanks for your time..
#1230 of 3276 Good Deal? VW Warrantee? CD Changer? by tvmom Jul 02, 2001 (9:26 am)
I obviously have a few questions: 1. On June 25 in Phila. suburb, purchased 2001.5 GLX Auto Passat, blue silver, black leather(beauty!). Total cost with tax, etc: $26,829.74. This was with $700 over invoice of $28,004, trade-in of '94 Ford Explorer XLT 4wd (86,200+ miles)of $3,500 (it needed some mechanical work). Good deal? Honest invoice price?   2. Should I purchase an extended warrantee through VW or elsewhere-- via the internet?   3. Should I have the 6 cd changer installed by VW or go elsewhere?   Any opinions or personal experiences welcome! PS...I absolutely LOVE my car and hope to drive it for MANY years! After 30 years of driving wagons, vans & suv's...I feel like I'm REALLY driving now!!
#1231 of 3276 clpurnell-Acura TL by cliffyb Jul 04, 2001 (6:49 am)
An acura TL would be a good choice as well. The thing that kept me from buying it was that you can get a honda accord V6EX for about 5 thousand less and it is the same car! Maybe a tiny less power than the TL but more or less the same thing. Also, the faux wood grain on the TL bugged me, along with the cramped back seat. But when I have 120,000 miles on my car and am trying to sell it, I am sure I will wish it were a TL instead of a passat!
#1232 of 3276 Cliffyb by clpurnell Jul 04, 2001 (8:45 am)
That is exactly why I am considering the acura. I would be trading in a Dodge stratus that has lost over 60% of it's value in 28 mos. Looking for something that I won't lose as much money on this next trip around.
#1233 of 3276 value... by clscflm Jul 04, 2001 (9:32 am)
...How good *is* Passat in holding its value? Its probably too soon to know for the 2001.5, but how about 1998-2000 models?
#1234 of 3276 Residuals by clpurnell Jul 04, 2001 (9:38 am)
I use this as a basis for comparing resales. Market conditions will also have an impact come resale time. here are residuals for passat vs tl vs maxima hope this helps   2002 Acura TL 3.2 Std 24 month: 66.0% 36 month: 57.0% 48 month: 50.0% 60 month: 44.0%   2001 New Passat (i.e. 2001.5) 24 month: 57.0% 36 month: 49.0% 48 month: 43.0% 60 month: 37.0%   2001 Nissan Maxima GLE 24 month: 55.0% 36 month: 48.0% 48 month: 41.0% 60 month: 36.0%
#1235 of 3276 for laughs by clpurnell Jul 04, 2001 (9:42 am)
Here is the resale for a dodge stratus. Should of checked theese 2 yrs ago.   24 month: 40.0% 36 month: 34.0% 48 month: 28.0% 60 month: 24.0%
#1236 of 3276 Passats by im_brentwood Jul 04, 2001 (10:29 am)
Well,   Passats are now being discounted quite a bit more than they used to be, so its' affecting their values (Same thing with the TL).   In reality, Passats are still doing better than roughly anything else in their class.   A 98 GLX V6 can still do $17-18K at auction if its' nice and with low miles and not in a stupid color combo (I.E Black/Black in Miami)   That's off of a $28K or so MSRP back then IIRC. The car are still retailing for $20-21K or so.   A 99 GLX is worth about $20K, about what a 99 TL is worth.   GLSs are doing much better.   Bill
#1237 of 3276 BrentwoodVolvo-Resale by cliffyb Jul 04, 2001 (9:12 pm)
I know we have had this resale discussion before.    In theory(using things like clpurnell's tables for instance) the Passat seems like it will do very well on resale. But in reality, if you want people to be ready to box in your driveway over your used car it had better be a Honda or Toyota. Same is true if you are like most people and you trade in. Dealers simply cannot look you in the eye with a straight face and say "Well there is not much demand for used Accords or Camry's".    I hope you are right and that I get top dollar for my Passat after four or five trouble free years. But had I bought an Accord, TL, Camry, ES300, or other boring Japanese offerings the odds of that happening would have been stacked more heavily in my favor.

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