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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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#1924 of 3318 by felis100 Jan 27, 2003 (1:30 pm)
You're right. I'd gotten the invoice price off of carsdirect.com, but forgot to check the automatic box which brings it up to 25,527. But the price I paid for it was 24402 with out the door of 26672. I quess thats why the other dealer told me it was the deal of the century. He even said that the dealer--BroadwayVW--is going to lose $1,000. That being said, BroadwayVW said they will make $200 on this car. I can only assume that invoice price and what the dealers pay for the car are not always the same. Also, the dealership might have other incentives,,, cash back or other sale incentives. I do know that sales person wanted to deal. When I got the final quote, I kept asking her is this for a GLS wagon, 1.8t automatic, leather package, monsoon, ESP and Homelink--I myself could'nt believe the quote. She rattled of MSRP of 27550. I was'nt trying to get the car below invoice and all qoutes I gathered were stictly out the door prices. That was the only way I could compare other deals. I originally wanted a manual drive with leather interior,which BroadwayVW qouted me as 24,900 out the door -- again the lowest deal I could find. But they couln't find the color I wanted as a manual drive, so thats how we ended up with an automatic. All I can say is I was in the right place at the right time and dealing with a dealer that wanted to deal.
#1925 of 3318 SB, Felis - Congrats to you both!! by wagonmeister Jan 27, 2003 (6:38 pm)
I keep forgetting you guys drove em off the lot a mere hour or two after doing the deal. I had to wait 3 months for my Fresco Variant to arrive. I picked it up on Saturday, and all I can say is What A Car!!   This is it:   2003 Passat Wagon GLS Fresco Green/Black leather 1.8T Manual Leather/Cold Weather NO Monsoon (Can't get it in Canada) ESP Homelink Side Curtain air-bags Wood trim package 3M hood protectant film Passat Monster mats   Don't ask what I paid, the CDN numbers would have you in fits, although after US conversion, the car actually works out cheaper than the same car priced in US funds alone. Our VW finance rates aren't as good though - 5.9% / 5 years. Better than the banks are offering and I hope to have it paid off much sooner...that's the plan anyway
#1926 of 3318 Kevin... by vwguild Jan 28, 2003 (2:50 pm)
Did you finance through Volkswagen Credit?
#1927 of 3318 by felis100 Jan 28, 2003 (3:21 pm)
Yes, I financed the minimum amount of 10,000 for 24mo 1.9 for dealer cash back of $500. You must make at least 3 payments and if after that you can either payoff or refinance through some other venue. I am not sure if the other VW rates for longer duration qualify for cash back. Just ask the dealer.
#1928 of 3318 VW Guild and Felis by mitdagessen Jan 28, 2003 (3:40 pm)
Is it the case that the dealer only gets the $500 back if you finance through VW?
#1929 of 3318 To Felis100 - Wow! by sbsyncro Jan 28, 2003 (4:02 pm)
When you say "out the door" are you also including sales tax, and licensing fees? If so, that is an unbelievably good price! For some oddball reason, that car must have been sitting on their lot more than 90 days (hard to believe with a Passat GLS Wagon!) and they wanted to get rid of it to avoid paying VW for the car (they get 2% spread over 90 days to cover the cost of financing new cars from VW).
#1930 of 3318 VCI Incentive by vwguild Jan 28, 2003 (5:54 pm)
Money...not VWOA; so yes
#1931 of 3318 by felis100 Jan 28, 2003 (9:20 pm)
I guess you could negotiate the cash back towards the purchase of the car, but in my case there was no need to. Again, I paid out the door price of 26672 which included everything -- tax, license, destination charge and doc fees. As far as the car sitting on their lot for 90 days, I don't know. I will say it only had 16 miles on it and the build date on the drivers door says 10/02.
#1932 of 3318 VCI?, VW Guild by mitdagessen Jan 29, 2003 (6:02 am)
Can you explain the VCI incentive? It seems like the low rates are an incentive to buy the car. Why would there be an additional incentive to use the 1.9% financing?   Thanks
#1933 of 3318 The VCI Incentive... by vwguild Jan 29, 2003 (3:08 pm)
money assures that Dealers will promote those rates and not those of another Bank...

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