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Volkswagen Passat Prices Paid and Buying Experience

3318 messages, Last post on Nov 12, 2009 at 9:57 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Looking to lease '01.5 Auto GLX. What kind of residual value and money factor am I looking at? Thanks-- |
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| Sure, debt is debt; am not saying student loans shouldn't be paid off, but when they're huge it shouldn't be a detriment to credit ratings. Paying off an education is a little different from maxing out credit cards recklessly and should be considered on a different scale. | |
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You need to be a little more specific...term of lease...24,36,48,60 months... How many miles? 10, 12, 15K...Terms & Conditions of any Lease are predicated upon these factors... |
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| I think I remember hearing that something like a third of all student loans are defaulted on. Maybe thats why the banks treat them like real debt. So many people spend their money on things like Passat's(the greatness of automobiledome that it is)instead of paying off student loans that they stretch the school loans out over twenty years. Thats not the banks fault. And the money lent to you by the bank or the government was the same US Currency used to buy things like cars, boats, and watches. So it has the same rules and obligations surrounding it. | |
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Its' funny... The one thing that seems to really turn lenders off are student loans in default.... Seems to be a pet peeve of theirs... Bill |
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| Can't imagine why... | |
| I'm looking at 36 month lease with 10k miles. | |
| My point that large student debt -- that's being paid off, not defaulted on -- can make one's credit record look imbalanced, as it shows large debt that is different from credit card mania. I'm not talking about running amok accumulating more debt (as in buying cars, and trust me, nice as Passats are, if one wanted to run wild, one would move more up scale) and sending government loans to the devil. I'm talking about being responsible in paying all debts -- and also trying to have a life too. Like perhaps buying a medium range car with a decent interest rate. | |
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Anyone in the NYC/tristate area used them? I got what seemed to be a very aggressive quote for a 2002 (search for car still in progress): GLS 1.8t Wagon, manual transmission, lux, leather and monsoon for 23,600 + 550 destination + additional 150ish for inspection, tags, handling. Oh, plus the behemoth NYS sales tax... I seem to recall other posts mentioning them--indifferent to good, I think--but I can't find them now. In any event, being in NYC--the land of $25 Rolexes--I'm a little suspicious... |
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