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Volkswagen Passat, Sedan, Wagon
Jan 01, 2002 (3:42 pm)
I would take all of these claims with a grain of
salt...There is no truth meter here...
Needless to say, it will depend upon where you
live, Inventories & management...It will also
depend upon how pricing is perceived...In Calif.
and I am sure elsewhere, a favored ploy is to offer a car at a # over Invoice(Base) and then add
Destination($550), Port Prep($25), FloorPlan INTEREST Reserve($92), and then possibly, a Regional Ad Fee. All of which a REAL Charges, but
should be added to make for an "All Inclusive"
Invoice price...I would be more than happy to fax
to you an Invoice so that you can see what I am talking about...
The only Volkswagens that are being sold for Invoice or below are 2001s that are carrying Incentive Money from VWOA, or those that have all
of the above mentioned fees added in after the fact...Or where the Dealer is making money on the
spread between *Buy rate* & *Sell rate*...
This Brand has not had a "Distress" Product since
the launch of the New Passat in 1997.
Jan 02, 2002 (11:23 am)
Thanks for the additional information.
I am looking at the base GLS 1.8T 5M. Edmunds says the invoice price is $20,340, which includes the destination charge but no additional fees, and says the True Market Value is $20,765. CarsDirect says that the invoice price is $20,547, again including destination charges but also including "an estimate of additional fees charged by the manufacturer to the dealer". They post a price of $21,747, which I presume is what I would actually pay (plus tax and tag) if I bought from them. My inclination is to do more research, and see if this car can bought for about the TMV.
Jan 02, 2002 (2:32 pm)
I show that TMV is $20,387 + $550 Destination =
$20,937, and does not include Port Prep or FPIR...Total = $21,054.00
No options, No Ca./NE Emissions...
Jan 03, 2002 (9:15 am)
Just did some fiddling with the TMV calculator. Noticed that it did not take ZIP into account on first screen, but did when you choose "price with options".
The National Base Price (first screen) is $20,215, plus destination. Your Regional Base Price is $20,387, whereas mine is $20,132. Edmunds adds $83 to that if I select Silverstone Gray, $42 if Black, etc., then $550 destination. Total with Gray is $20,765.
Saw in the Wall Street Journal this morning that GM is about to announce $2002 rebates across all their lines. Speculation was that other domestics would follow, but no mention of VW. Did VW have any incentives last year?
Jan 03, 2002 (12:42 pm)
to think that Edmund's could make that type of
error...color cannot be quantified by $83...to me.
Base Price is $19790...Dest. is $550...PortPrep &
FPIR is $117...Total, not including any Ad Fees is $20,457 whether you live in Maine or Calif.
#1526 of 3460 speculation about incentives
Jan 04, 2002 (7:07 am)
Have looked into what happened last year. VW offered rebates to move out the 2001.5 Passat, and below-market financing (3.9%) on the 2002. That financing offer expired 12/31/01, according to kbb. It would seem reasonable to me to wait and see if VW participates in the new round of rebates that appears to be developing. GM's $2002 offer expires at the the end of February, so there should not be a long wait to see if there is a response.
#1527 of 3460 TMV Below Invoice?
Jan 04, 2002 (2:51 pm)
I am planning to buy/lease a GLS 1.8T Auto in central NJ within the next few days. Edmunds is quoting me a TMV below invoice! How is this possible when Passat sales have steadily and substantially improved each year since the current version's introduction? I want a good deal but I don't want to come in so low on the price that the deal never gets off the ground. And is it true that there is no longer a holdback on VW's? I'd really appreciate your guidance as my current car comes off lease this week! Thank you.
Jan 04, 2002 (4:05 pm)
You have configure the car with options, even
if you are not selecting any...And Port Prep &
FloorPlan INTEREST Reserve add $117 to the Invoice that only Edmund's does not include...
Try getting Invoice from Carpoint & www.kbb.com
Jan 05, 2002 (4:42 am)
If you got TMV below invoice, you probably chose the 2001 Passat by mistake.
For other makes I have looked at, you have to follow a separate link to get the previous year's prices. So I think that Edmunds has just made an error setting up their VW page, with both 2001 and 2002 models listed, thus making it very easy to select the wrong one.
#1530 of 3460 Dealers offering bad deals ..
Jan 07, 2002 (7:21 pm)
I'm actively shopping for GLS V6 automatic with Mansoon, Leather and Luxary pkt. How much should I pay for such a vehicle in San Jose area.
Visited few dealers. Dealers seem to ask 1.5K more that MSRP. Definately they are trying to inflate prices to get a better deal while negotiating. Edmund TMV is $27574.
Also, is in-dash CD player a standard feature on 2002 passat GLS
Thanks in advance for the responses.