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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
| I've seen quite a bit of posts about low financing rates and dealer incentives of $500. Are there any current incentive programs for GLX leases (i.e., higher residual value, low money factor, etc.)? Thanks. | |
| info yet... | |
| Thanks. If you could, please post lease info once it becomes available | |
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Hi cstabile. Volkswagen's exact lease money factors and residual values will vary depending upon how long you want to lease for and how many miles per year you need to be able to drive without having to pay a lease-end mileage penalty. Volkswagen is currently providing a special lease money factor of .00140 for all 2003 Passat leases of up to 42 months in length. This is a fairly attractive rate, equivalent to around 3.36%, especially when one takes the fact that Volkswagen Credit is providing $500 dealer cash that may be used in conjunction with it. I would be more than happy to give you an idea of what this car's lease program should be like for the exact term and mileage that you need if you pay me a visit over in the "Lease Questions Ask Here" discussion on the Finance, Warranty, and Insurance Message Board. Car_man Host Smart Shoppers / FWI Message Boards |
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| I have been shopping for a 2003 Passat to replace my 1999 Passat. The best price that I can find is $300 below dealer invoice (MSRP of $25,680)(dealer $23,718). This seems like a very good price and was given without any haggling. Is it ? | |
| as long as they aren't going to nail you with add ons and dealer fees. I'd jump on it. I tried to get a 1.8T GLS auto last week and they wouldn't come within $800 of invoice. | |
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I've been looking and the best I have done is $300 below invoice, but that did not include prep fees, marketing, etc. The announcement about the coils made me nervous so I backed of the deal. Does anyone expect VW to offer special incentives in the near future to offset the drop in sales? |
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TAKE ADVANTAGE OF THE COIL PACK FIASCO! the latter 2003's , lets say 8/02 build date and beyond have the NEW ones......what a great time and angle to drill a dealer for a lower price on what may become a white elephant on his lot....no better time to help them unload the bad publicity car.....and you win! because they are great cars....are they perfect, no, am I no, so jump in..... |
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I thought I had posted this question last night but don't see it so I hope I'm not repeating myself. I've been browsing in the background and want to thank folks for their views. I'm about to go out and attempt a purchase this weekend. In 20 years of car buying this will be my first new car from a dealer. Based on what I've seen on this board and the research info here at Edmunds, I am looking to purchase a 1.8T manual Passat, Indigo blue with black leather for $300 under invoice. With the $500 holdback, $500 dealer finance incentive and an anticipated $300 processing fee, I figure they would still be making quite a bit of money. Correct? Also, based on one dealership looking around there are likely not any of these to be found in my region. How might this affect the negotiations? Thanks. |
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