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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
| My new 2003 passat makes a Wheezing or whistling noise while accelerating. Has this happened to anyone? | |
| Your message sounds awfully familiar. No need to repost the message on many different boards in the same forum, unless you want the same answer three or four different times, which is not terribly interesting to read or informative. | |
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I'm in San Diego and looking to buy an '03 GLS 1.8t manual. Cloth interior with the only options being Monsoon and ESP. After walking out on the dealer last night, he called me up today as I figured he would. In our phone negotiations today, he advised that he has three fees over invoice that he can't budge on: 1. San Diego VW Association $205 2. Floor Plan Interest Reserve $142 3. Port Prep Fee $ 25 ---- Total: $372 Can someone tell me what these mean? Are they legit? vwguild mentioned #2 in an old post, but it wasn't very specific. I have bought two other new cars in the past--one from this same dealer (nothing on my old invoice except $45 doc fee)--and never saw any fees like 1,2,&3. (I also used Edmunds pricing guides for those purchases). As for financing, right now VW is offering 2.9% for 60 months. Pretty good. I'm not in a hurry to buy the car, and I'm looking for a great deal since our family is down to one income right now. I gave this dealer $1000 over invoice on the VR6 Jetta this car will replace, so I'm not too concerned about the dealer making any money off of the deal this time. Today I told him that I would be willing to pay $200 over invoice, but that I needed to investigate these extra fees. Now, after discovering this forum, and reading through some of the old posts here, I'm thinking that I shouldn't even give them the $200, but instead ask for straight invoice, or slightly below. We're also fighting over the trade-in...the '99 VR6 Jetta...that I paid 20,675 for. He's offering me $8,500 for it. What BS!! Screw that! I'll sell it myself. But it sure doesn't say much about the resell values of Volkswagens!! I ended today's conversation by telling him that the war would probably be starting soon, and that most people would be spending their evenings at home glued to their televisions once it starts--rather than browsing for cars. I told him to give me a call if the dealership starts to get a little lonely during that time. |
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Hi das_passat. Let me begin by saying that Volkswagen is currently offering 1.9% special financing on all of its models (excluding the Beetle Convertible and Eurovan Camper) for up to 60 months. If your dealer told you that their special rate is 2.9%, they are trying to mark it up in an effort to add additional profit to your deal. Furthermore, Volkswagen currently has $500 dealer cash available on the 2003 Passat that may be used in conjunction with this special financing program. If I were in your situation, I would offer this dealer $200 over invoice - total cost including any fees. It they want to charge you these fees, then just have them lower the price of the car until you hit that out-the-door price. Given the market for the Passat right now and the incentives that are available on it, you should not have any difficulty getting one for right around dealer invoice and finance it at 1.9% for 60 months. Car_man Host Smart Shoppers / FWI Message Boards |
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These fees... Regional Ad Fees, Port Prep, & FloorPlan Interest Reserve are all legitimate. The only variance is the Ad Fee which IS Regional and will be different in a small community in Iowa where advertising costs less than in a major metro area like San Diego or LA...Ours in Silicon Valley is $177.00 These are troubled times, and unless you sell gasoline profits are slim, and sales are down. And so Dealers are being forced to sell cheap, but are still trying to see some light in each and every deal. In your situation the 5 Speed Manual is the catch. These are not plentiful, nor are they easy to replace. If you were after a Tip; you would probably be driving your new Passat today. You are obviously dealing with a *Line Salesman* who is only following his marching orders from the *DESK*. As soft as the New Car Market is, the Used Market is even worse. |
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If your '99 VR6 will not be an integral part of this Passat transaction...try selling it yourself by networking at your office or through friends. $200 over, and the Invoice is the Invoice...sorry about that, and 1.9% should be a deal. |
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Hi, I was just quoted 28700 plus tax (29000 OTD) for a 03 variant (wagon) with ESP, Automatic, and GLX. Has anybody gotten a better quote? Basically, they quoted me invoice minus the $500 VCI deal. Any chance of getting a better deal? SHould I ask to share the $600+/- holdback? I am thinking with the economy and the poor auto sales lately that dealers would be more willing to deal! Any help appreciated! |
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A journalist with an international newspaper is interested in hearing from people who've bought Volkswagens in the last few years. If you'd like to share your story, we'll need your daytime contact information, vehicle model and year and, if you like, please also provide a brief overview of your ownership experience to date. Please respond to jfallon Thanks for your consideration and participation. |
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| That Dealership must be really hurtin'... | |
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Cuengineer, dealer invoice minus the $500 dealer incentive is a very good price for a new Passat. I doubt that you will be able to purchase one for much less than that. If you like the car, I personally don't see any reason not to go for it. Just make sure that your dealer doesn't tack all sorts of fees onto your deal, like doc fees or processing fees, that make it less attractive than it initially looks. Car_man Host Smart Shoppers / FWI Message Boards |
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