Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences 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
|
Hi ClscFlm. Here is a quote from the explanation on this site of how Edmunds.com calculates the True Market Values for new vehicles (How We Calculate New TMV® Prices):
"Please note that the Edmunds.com base TMV new vehicle prices do not take into account the following items:
Manufacturer-to-consumer incentives or rebates - these are different from manufacturer-to-dealer incentives and don't affect the actual transaction price; the consumer generally has the choice to apply these funds against the sales price as a down payment, or to accept a check for the amount of the rebate or incentive."
I hope that this answers your question.
Car_man |
|
|
to me...Rebates are Mfg. to Consumer Incentives... And are Taxable... The Incentive $$$ that we are talking about here with VW is Incentive $$$ to the Dealer, and NOT Taxable and can be used by the Dealer to assist moving 2002 Inventory...These Dollars cannot, repeat...Cannot be used with the subvented Volkswagen Credit Special Lease/Finance Rates... These are the Program Rules. A choice must be made...no two bites out of the apple, only one... If the TMV Prices in LA are listed as $250 below Invoice that assumes the Customer & Dealer will take advantage of the Incentive Money and forego the rates on every transaction...not always the case. |
|
| Thanks Car_Man again and to vwguild for your comments. I realize the TMV in my area is culled from a huge number of dealers, each of whom individually will make slightly different counters, but obviously I want to have the best negotiating position I can. That means not only being informed, but understanding what is going on in the process. The scariest thing about buying a car is drowning in the details that dealers often hurl at you. Thanks Edmunds for making it all much clearer. ClscFlm | |
|
Hey all, Thanks for all of your help/advice regarding the Passat. I just bought my new '02 Passat, and am loving it (the violet & red dash is sooo cool)! I paid $22.5 for it (1.8T w/ Monsoon, lux, homelink). I guess it's a little high, but it seemed that dealers in my area weren't willing to come down below that. I guess with holdback & incentive, they made some good money off me, but in the end, I'm still pretty happy. Thanks again for the tips!!!! |
|
| A friend is about to hit the market for an '03 GLS, 1.8 with tip. ANy idea of what the prevailing market conditions are? $500 over invoice? $1,000? | |
|
Congratulations!!! And Welcome to the Volkswagen Family... As to what you paid...Just pretend that you paid what one of your customers paid you or the firm that you work for your product or service...And that the profit/salary that you made enabled you to buy the car...Think about it... |
|
|
Hi All, I visited local VW dealer today to test drive passat gls 1.8 T, automatic. Fun car! My only option was to drive and consider the 2002 test-drive vehicle (with over 2000 miles on it). I guess he won't let anyone drive a 2003 until next week --for whatever reason. It was a 2002 GLS 1.8T with "everything but leather," as the friendly and intense salesperson noted with pride. {i.e., luxury package, tiptronic automatic transmission, monsoon sound, cold weather package, and homelink.} The sticker MSRP was $25,705. (Already $600 over msrp listed in stoneage.com). The salesman offered the price of $23,988. He was very professional and sounded very serious --seriously confident that someone would (should?)pay this for a charming car from last year with over 2k miles. My research says invoice for 2002 model with these options is $22,877. And I've read in this discussion about people getting below invoice (and well before Memorial Day). So what gives? Any comments on pricing or market conditions in southeast Michigan. Is this what we're paying for all the nice reviews Passat has been getting these past few years? Should I pass on the passat? thanks, passage |
|
| What, you grew roots? Isn't there more than one dealer in Michigan? | |
|
Thanks for reminder! I have contacted about eight other dealers. I know that's important in this project! passage |
|
|
Hello all. First time posting on the Passat board. Was about to buy an Altima, but just didn't think I could get past the interior. Decided to look at Passat 1.8T and was definitely impressed (liked the car, not crazy about the dealership though). Tried the blast e-mail approach and received the following offer: 2002 Passat 1.8T Reflex Silver Automatic with Tiptronic Leather Package Luxury Package Homelink Monsoon $23,999.00 plus taxes and tags (no processing fee) The vehicle is in stock, and the Internet manager claims the deal is only good until the end of the month. What do you think? |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Volkswagen Passat Prices Paid and Buying Experience
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Volkswagen Passat
Browse by Board
Browse by Topic
Today's Chats
