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Volkswagen Passat Prices Paid and Buying Experience

3274 messages, Last post on Oct 09, 2008 at 2:19 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Alumj, even though the theory that you posted sounds reasonable, I personally have found just the opposite to be true. Dealerships are usually much more anxious to sell vehicles that they physically have on their lots than they are to swap for or order a vehicle for a consumer. I think that a major reason for this is that they have to continuously pay interest on the vehicles that they have on their lots and would like to sell them as quickly as possible. Furthermore, from a dealer's perspective, a bird in hand is worth two in the bush. A lot can happen during the weeks that a consumer is waiting for their ordered vehicle. Most dealers would rather register a sale immediately rather than run the risk of having their customer back out of their deal. Not only that, but many consumers who order vehicles do so because they are looking for a vehicle with an unusual combination of options that can not normally be found on a dealer's lot. If for some reason the consumer who has ordered this vehicle with an unusual color or set of options backs out of their deal, they are then stuck with an undesirable model that may sit on their lot for quite a while. So generally speaking, I think that consumers will be able to negotiate the lowest prices on vehicles that dealers physically have on their lots already. Car_Man Host Smart Shoppers / FWI Message Boards |
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| You are correct. There is a dealer that will negotiate holdback. Don't buy until you find him. | |
| will the 2002 passat come with a cd player standard? just spent an hour with a salesman on a glx v6 4motion but no cd and he said he'd have to try and locate one. price was (with a cd on back order for 3mnths) 31k before taxes. (approx 800 over invoice) is this good? bad? indiferent? all help greatfully received. thanks | |
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I got mine 2002 GLX 5 Speed Manual (with no CD) at flat $25K from a dealer in Nashua, NH... Almost 1600 below invoice... Think I got pretty good deal... |
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| give me the last 8 numbers of your VIN...will bet that it starts with a 1 | |
| pomchi where did u purchase the car? would u post the salesman's number? thx | |
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VWGuild - I am really appreciative of yours awesome contribution to this discussion forum... Please educate me..what's the deal with VIN starting with 1... I'll post the VIN number in a later message as I dont have it with me right now...(out of town right now) I have signed the deal last saturday and will take delivery this friday... |
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| I've been researching purchasing a New Passat, but I can't decide between 2001.5/2002. I know I can get a better price on 2001.5, but want to do more research. Can someone please post what the differences are (however small or cosmetic) between the 2001.5 and 2002 Passats. Thanks. Much appreciated. | |
| I am thinking of buying a 2001 GLS 4cyl turbo manual Passat with leather, Monsoon stereo, luxury package, and Homelink with 7K miles. The owner will take 22K. It seems like a good deal - what do you think? Also, any special problems that happen to new Passats that I should be aware of? Thanks. | |
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