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Volkswagen Passat Prices Paid and Buying Experience

3318 messages, Last post on Nov 12, 2009 at 9:57 AM
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| Hey folks, Have a question (for the pricing experts)... the invoice price for a 2002 GLS (loaded) Passat is 37.5K (all included), how much should I pay over this to the dealer? also, I am gettign a 2001.5 same config. for 37K (all incl.).. is it worth it? The difference being warranty? HELP ME!!! | |
| I dont think VW charges for the colors.. be it metallic or pearl... at least in Canada.. I dont see reason why in US? Check it out... there no price on the color option | |
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That would probably be reflecting the tremendous popularity of these two colors... VW does not surcharge for Metallic or Pearl paint except on the EuroVan... |
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| I was going by what I saw on the Carsdirect.com web page. If you select reflex silver on the 2001.5 or 2002 passat, an additonal $500 is added for the color. I would be happy if the surcharge is restricted to that particular seller. | |
| It is...There is no surcharge on Passat colors from VWOA... | |
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With regard to earlier thread on factory ordering, vwguild said this: "You should probably expect to pay a bit more for something that is custom ordered for you...just as you would with a suit or a shirt...What that exact number is will be determined by you and your VW Rep." This doesn't jibe with edmunds.com comments on dealer holdback. (http://www.edmunds.com/advice/incentives/holdback/index.html). Since the dealer receives holdback from the manufacturer on any new car, and since the dealer is turning around and selling the car immediately, they essentially get to purchase the car below invoice and pocket the difference (this doesn't include the extra profit and amount they sell the car for over invoice). According to Edmund's this is 2% off of Base MSRP. So, in some ways it seems as if a special factory order is more lucrative for the dealer. Correct? |
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As this has also been posted many times before, I will be brief and let you search out the detailed version on your own... *Holdback* is a pooled asset that offsets an ongoing Debt... Holdback is never figured or used in accounting against a specific car... So your presumption is incorrect... |
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A brief explanation on order pricing: VW allocates cars on a very limited basis, and it takes one of your allocations for a factory order. The factory order cycle can take an excessive amount of time, and in fact, some orders NEVER get filled. From my experiences, there is probably about a 20-30% backout rate on orders. So the dealer has used up an allocation slot on a car that may take 4-6 months to get, and then have no buyer for it! If its a nice car that they won't have trouble selling (e.g. Reflex Silver) they won't worry about that, but that makes one less silver one they would get in the normal course of events. If its not a nice car (e.g. Mojave w/Beige Leather) it is seriously worrisome to think that you specifically went out of your way to order a car that will be extremely difficult to sell. Jason |
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I heard the same from a VW dealer too.. he said holdback is to offset the cost incurred by the dealer for other cars who couldn't find a buyer faster (before holdback expires).. but my question to him was.... SO? They will give you this crap not to negotiate on the price.. but I am sure there will be someone somewhere.. I just wish I find him SOON... ciao |
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Just got our 02 Passat: Auto 4 cylinder GLS model Here are our details: Silverstone w/ black leather, Lux package, moonson, homelink, in dash CD (on backorder). 48 month lease, 15 miles per year. MSRP: 27,350 Cap cost: 25,005. Acq fee: 490.00 residual: 49% money factor: .00235 thru VW credit total upfront costs: $1,044.39 Total monthly fee: $354.72 (includes tax) I was told we purchased at dealer invoice. Any feedback will be appreciated. Car is a beauty and drives so smooth. |
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