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Volkswagen Passat Prices Paid and Buying Experience

3319 messages,  Last post on Dec 08, 2009 at 12:12 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#1490 of 3319
Pay off your lease? by afk_x
Nov 19, 2001 (4:48 pm)
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There is no way any other manufacturer is going to "pay off your lease"
 
The money has to come from somewhere.
#1491 of 3319
any lease... by cupholder1
Nov 19, 2001 (4:57 pm)
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has a payoff amount, just like a financed car. the term "lease payoff" refers to the cost of buying out the lease today, which means you now own the car. any dealership will do this, just like with a financed car. there really isn't any difference between the two.
 
when you owe more than what the dealer is willing to pay, you are upside down, and the leftover debt from the previous lease/finance is rolled over into the new lease/purchase.
#1492 of 3319
Buying a 1.8 tip soon... by g2g
Nov 19, 2001 (5:42 pm)
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Hi everyone. I'm new and have been reading this forum regularly. I'm about to pull the trigger on a 1.8 Tip, luxury, leather, monsoon, Silverstone in So. Calif. I was quoted $500 over invoice, but they won't budge on $200+ advertising fee and $90+ "flooring" fee? Is this what everybody else had to pay? Thanks!
 
g2g
#1493 of 3319
g2g by raybear
Nov 19, 2001 (6:03 pm)
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That's right, those fees are real. I've seen better than $500 over, I just got one for $200 over in the Bay Area, of all places! Of course, that is $200 over the actual invoice, not the number you'd find at Edmunds or most internet sites.
#1494 of 3319
by mwalsh2
Nov 20, 2001 (5:31 pm)
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Cupholder1: thanks for the information. i investigated. my pay-off would be $10,606 if i were to buy today. edmunds says my trade-in would be $7609 and my private party sale would be $8625. So the difference (~$3000) will be rolled into my payments if i buy a Passat? Does this get split evenly across all of my potential payments or can i pay bigger payments up front so my interest is less later on? Will this add a significant amount to my payments? I guess i don't really have many options...the vw guy said maybe CarMax would buy it from me. they aren't going to pay me $10,606 if edmunds is saying $7609 though, right? am i just plain in a bad spot? How can i make the best of this?
#1495 of 3319
making the best of it... by cupholder1
Nov 20, 2001 (5:56 pm)
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Wait until you're not upside down on the trade before getting a new car... That is the best advice I can give... I would never trade in a car that I was upside down on -- unless I was trying to unload a problem car, lemon, etc. But to trade in just because the new car's fresh paint would look nice in your driveway? Don't do it.
 
Supposedly CarMax gives better prices than the dealer will give. I can't say if they do, but that's what I've read on these message boards.
#1496 of 3319
Good price for 2002 GLX Automatic by sgarelick
Nov 30, 2001 (8:27 pm)
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I've been quoted a price of $27,904 (+taxes, title & tags)for a 2002 Passat GLX Automatic through my credit unions buying service. It sounds like a great deal to me, but I'm trying to see if I should shop it around some more. Any thoughts?
#1498 of 3319
Invoice on a 2002 GLX... by vwguild
Nov 30, 2001 (10:20 pm)
Reply
$27854.00...$50 over dealer cost would certainly
be very attractive if only it were possible...
Personally, I would ask the folks at your CU to
verify the numbers...Or make sure that they are
quoting you on a 2002...There is incentive money
available on 2001s that would make this deal
work, but not on a 2002...
#1499 of 3319
Invoice on at 2002 GLX Automatic by sgarelick
Dec 01, 2001 (5:52 am)
Reply
Thanks for the info. I'll make sure that it is in fact a 2002. I've bought 2 cars in the past from the credit union and each time they have been as advertised, so I have no reason to believe that this on is any different. Sound like if it's true, it's a deal I can't pass up on.

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