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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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#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...
#1934 of 3318 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 3318 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 3318 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 3318 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!!!!!
#1938 of 3318 Thanks vwguild by jpsmith Jan 31, 2003 (10:28 am)
I'm pumped....   What's a reasonable/customary amount for the floorplan and advertising fees? Do you think it would be realistic to back these out of my offer so I end up at invoice after they are added on?
#1939 of 3318 JPS... by vwguild Jan 31, 2003 (2:28 pm)
If you go to the Home page here at Edmunds and search around a bit you will find a 3 Page explanation of *Holdback*, and, that they do not recommend it as a part of the negotiation process.   If you offer Invoice as I suggested and finance through VCI you will be getting your Passat at a great price, the Sales person that you are dealing with will make a $100.00 and you should have a pleasant and smooth sales experience, or you can select another more aggressive and offensive path...Your call...   Ad Fees can vary from $0-$250 depending, as you would suspect, on the area...NY, LA, San Francisco, higher than Lincoln, Nebraska.   FloorPlan Interest Reserve is $142.00 and Port Prep is $25.00.   All of these numbers will appear at the left hand column under *Invoice Amount*...Would be happy to fax you a copy...just go to my profile here...click on *VWGuild*
#1940 of 3318 VWguild, thanks again... by jpsmith Jan 31, 2003 (4:04 pm)
I realize there's probably no way to know for sure, but do you think the VCI financing deal, or something similar, will be extended past Feb. 3?
#1941 of 3318 Through... by vwguild Jan 31, 2003 (4:12 pm)
February, but we will get new rates on Tuesday...

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