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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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#2143 of 3318 VW loyalty money by verne4 Jul 24, 2003 (11:39 am)
Curious about whoweare's $500 in loyalty money. Is this common throughout VW, or limited to certain dealerships? Also, does a history with VW Credit(leasing in my case) help with financing? Thanks!
#2144 of 3318 loan length by jratcliffe Jul 24, 2003 (12:08 pm)
In general, if you can get the same rate on a loan up to X months, you should get the X month loan, rather than anything shorter. You can always pay _more_ per month than your fixed payment, and pay that 60 month loan off in 48 months. You can't do the reverse. Essentially, the bank is offering you a free option to pay sooner or later - might as well take it.
#2145 of 3318 re: loan length by bbaldwin1 Jul 24, 2003 (1:05 pm)
I've heard from various sources that low rate dealer financing tends to be restrictive, often including prepayment penalties, etc. So paying off a 60-month loan early might not be so easy.   I'll try to pry the details out of the VW salesman.
#2146 of 3318 bbaldwin by jratcliffe Jul 24, 2003 (1:28 pm)
You should certainly check, but I really doubt there are any prepayment penalties. If there are, that naturally changes the equation. If not, I still say take the 60 mos.
#2147 of 3318 Bought a GLX yesterday by bassfishin Jul 26, 2003 (4:02 am)
The VW financing is up to 60 months. So you can do 48 months without any issues and there are no prepayment penalties.   VW is really looking to make deals. They took over 4600 off the sticker price which ended up being well below Edmunds TMV price.
#2148 of 3318 Bought a GLX yesterday by james_ca Jul 26, 2003 (8:30 am)
Man.that was a deal 4600 off the sticker price,If you are in CA can you please share the dealer details?Or is this happening from the VW company but will depend on the dealer,am i right? whats the normal catch in a dealer financing?I am planning on a GLS V6 soon..whats the true mileage that I can expect? thanks!
#2149 of 3318 by bassfishin Jul 26, 2003 (1:53 pm)
The dealer was in Fl. As far as this happening elsewhere I don't know. I did not see any "catch" with the dealer financing. They do ask you to buy gap ins, ext warr, lojack and something to protect the paint but it was not a hard sell. A simple no thank you and I was driving. As far as mileage someone else will need to take that question. Only 50 miles on the car..
#2150 of 3318 2000 GLS pricing in MA by usedpassat Jul 26, 2003 (9:33 pm)
I'm looking to buy used Passat, maybe a 2000 GLS automatic with about 45000 mi. Edmunds says such a vehicle has a retail dealer TMV of   $16,000 for outstanding condition $15,400 for clean condition $14,000 for average condition $12,500 for rough condition   Looking online, I'm seeing several similar cars from Boston area dealers going for just under $12,000 - one is a GLS with leather heated seats. Should I assume there is something grossly wrong with these vehicles, or is there something wacky going on with Boston area used Passat prices? Thanks for your help!
#2151 of 3318 usedpassat by jratcliffe Jul 27, 2003 (6:33 am)
You might want to ask Terry over in Real-World Trade-In Values about a few of these, see what he thinks. Pricing from Edmunds can be useful and can also be wacky.
#2152 of 3318 GLS pricing by sandiego4 Jul 29, 2003 (9:01 am)
i have been working with internet sales managers for the purchase of a new passat 1.8T automatic w/monsoon sound & leather package the price that i have been offered:   $23864   includes $205 SDWVA (what's this?) $142 flooring (another charge?) $25 port prep   should i take this offer or try a little harder to get a better discount...the sales manager claimed the price was $800 below invoice..Thanks!

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