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

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#1493 of 3318 g2g by raybear Nov 19, 2001 (6:03 pm)
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 3318 by mwalsh2 Nov 20, 2001 (5:31 pm)
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 3318 making the best of it... by cupholder1 Nov 20, 2001 (5:56 pm)
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 3318 Good price for 2002 GLX Automatic by sgarelick Nov 30, 2001 (8:27 pm)
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 3318 Invoice on a 2002 GLX... by vwguild Nov 30, 2001 (10:20 pm)
$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 3318 Invoice on at 2002 GLX Automatic by sgarelick Dec 01, 2001 (5:52 am)
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.
#1500 of 3318 This Passat... by vwguild Dec 01, 2001 (8:46 am)
It really has me wondering...Who is making the $$$$????Volkswagen Credit is offering APRs as low as 3.9%-5.7% (24-60mos).   Now, I supply cars for our local Credit Union's buying service here, and it is just like a Broker Deal...Customer gets a price from the buying service...buying service makes a couple hundred & the Dealer, of course makes a hundred or so depending on the car.   The only thing that makes any sense is that some one is on a different page...No one works for free...Starting from the CU's buying service Rep...they are normally on some sort commission based program, the dealer needs to detail & deliver the car, not to mention gas...   All of this would seem to spread that $50 pretty thin...
#1501 of 3318 maybe... by cupholder1 Dec 01, 2001 (9:39 am)
they make up for it in volume.
#1502 of 3318 Dealer holdback by sgarelick Dec 01, 2001 (9:48 am)
Is it really just $50? Doesn't VW have a 2% dealer holdback as well? So in reallity, it's $50 + 2% of the invoice price of the car. That makes a little bit more for the dealer and credit union to share.

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