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Volkswagen Passat Prices Paid and Buying Experience

3318 messages, Last post on Nov 12, 2009 at 9:57 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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| Dealer holdback is 2% of base MSRP.. | |
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Hi Eric. The previous poster is correct. According to the information that is available here at Edmunds Volkswagen currently has a dealer holdback of "2% of the Base MSRP." For more information on dealer holdback, make sure to check out the following section of Edmunds.com: Edmunds.com Holdback Page.
Car_man |
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I purchased a 2002 passat 1.8T GLS, auto, monsoon, back in June for $300 under dealer invoice, plus 0.9% APR for two years. It should be easier to negotiate a deal for 2002 models compared to two months ago. |
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| Question on negotiating points: the Edmunds price listing for the 2002 GLS Passat 1.8T says there is currently no dealer cash at this time. Yet have read a few folks mentioning the $1250 rebate. I know dealers aren't obligated to pass this along, but does it exist or not? How long might this last? Until the 2002s are history? Thanks, ClscFlm | |
| Clscflm, I would check with VW credit on that, and then check competing dealers in a certain radius (go to dealer locator on the VW website). That also sounds like a great question for VW GUILD. Good luck! | |
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Hi clscflm. Volkswagen is definitely providing $1,250 dealer cash on the majority of its 2002 models right now. Keep in mind during your negotiations that the cash may not be used in conjunction with VW Credit's special financing or special lease programs. I believe that this cash is only scheduled to run through the end of the month, but I don't see any reason why VW wouldn't continue it until all of its 2002 models are gone. Car_man Host Smart Shoppers / FWI Message Boards |
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| Thank you Car_Man and cephas1 for the replies! Wish me luck! ClscFlm | |
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to add to Car_Man's post...Except to emphasis that this is NOT a *Rebate*...It is "Incentive Money" to the Dealer, and the Dealer Cannot offer both...Special Finance/Lease rates OR the $$$... Program Rules... |
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You're welcome, clscflm. I am glad that I was able to help you out. Good luck in your quest for a new vehicle Car_man Host Smart Shoppers / FWI Message Boards |
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| Car_Man, One more question: noticed that for my region (LA), TMV on 2002 Passat GLS is now *below* invoice (about $250). The TMV prices don't include the incentive mark down do they? I just want to know for sure that when I make my offer that I should do so not assuming any incentive offer and wait for the dealer response. Thanks, ClscFlm | |
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