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Volkswagen Passat Prices Paid and Buying Experience

3319 messages,  Last post on Dec 08, 2009 at 12:12 PM

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

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#1928 of 3319 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 3319 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 3319 VCI Incentive by vwguild Jan 28, 2003 (5:54 pm)
Money...not VWOA; so yes
#1931 of 3319 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 3319 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 3319 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...
#1934 of 3319 VWOA financing by 4petite Jan 30, 2003 (10:12 am)
Felis - that's a great deal. I thought I had done well at $600 under invoice (before Xmas). Of course I have less features (auto, Monsoon, Homelink) on mine so that probably adds to the better deal you got.   I've never heard that you had to make three payments before you can payoff the loan. I paid off mine when I received the first bill (couldn't resist a no interest loan from the folks).
#1935 of 3319 Ready to deal.... by jpsmith Jan 31, 2003 (8:37 am)
Hi, this is my first post to this board. I test drove a Passat (1.8T Tip) for the first time last night and was blown away... I'm 6' 5" tall, 280 lbs and had resigned myself to getting a boring Camry because I more or less fit in it. (The new Accord was terrible for head and legroom.) But I happened to read that the Passat was a good car for big people. And boy is it ever! The headroom and legroom were great! I could use a slightly wider seat, but it's not VW's fault I have a big a**. I'm excited that I can get a car that fits me and is really fun to drive.   Anyway, I'm strongly considering making a deal on a GL Tiptronic this weekend to take advantage of the VW-sponsored financing. Am I correct that if I use this financing the dealer gets $500 back from VW? Therefore, combining this $500 with the usual holdback, the dealer makes close to $1000 on the transaction even if I pay invoice -- so an offer at invoice should be reasonable given that there are plenty of GL's around?   If my dealer has to trade or whatever they do with other dealers to get a car with the color and options I want, will the VW financing deal still apply?
#1936 of 3319 JPS... by vwguild Jan 31, 2003 (9:20 am)
Your take is correct...Invoice will work for this car...   A "Dealer Trade" should have no bearing unless it involves many hundreds of miles, and financing through VCI will still apply.
#1937 of 3319 jpsmith by sschilf Jan 31, 2003 (10:25 am)
Welcome to the boards!   I would offer $1000 below invoice and see if he bites! Do not settle for invoice when he is making $1000 of your money for nothing!!!!!

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