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Volkswagen Passat Prices Paid and Buying Experience

3317 messages,  Last post on Nov 04, 2009 at 3:03 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#2501 of 3317
Re: djskrams [turbotorque] by djskrams
Nov 19, 2004 (8:18 am)
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Replying to: turbotorque (Nov 16, 2004 12:05 am)

Got the same from the dealer, I have them down to 21.4K on an '04 GLS-Auto with Leatherette, since I'm not using there 0% financing I'm trying to get them to move on $1k prev VW owner cashback...if they won't move I'm going to try to get them to flip me to an '05...I'm willing to pay a little more for it, but not over $22.2...thoughts?
 
I considered leasing one as well, they have the $289/36 month $2400 down for an '05, but considering the price breaks their giving right now, it makes more sense to buy it and just sell it in 3 yrs...the new design will hurt the value a little, but VW's will still sell...
#2502 of 3317
Re: djskrams [djskrams] by moveover
Nov 20, 2004 (5:43 pm)
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Replying to: djskrams (Nov 19, 2004 8:18 am)

If it is a 4Motion the price is pretty good, same as I paid. The 1.8T 4Motion's should hold their values pretty well since 04's and 05's are the only model year with the 1.8 4Motion. At this moment there is going to be at least a $3500 difference between the 04 and 05's because of the dealer cash. Also you have to be a current owner to get the extra $1000, tried the previous owner route and it didn't fly.
#2503 of 3317
Re: djskrams [djskrams] by turbotorque
Nov 20, 2004 (11:16 pm)
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Replying to: djskrams (Nov 19, 2004 8:18 am)

The $1,000 loyalty bonus belongs to you. Volkwagen pays that money, not the dealer. It should not be a factor in negotiations.
 
VW dealers are hurting for sales right now. Negotiations should be simple. Subtract all the incentives from the Edmunds invoice, and add $100 for dealer profit. Don't go any higher than $400 over invoice, less incentives. In other words, if Edmunds says the invoice is $20,000, and there are $2,000 in incentives, offer $18,100.
 
If you're lousy at negotiating in person, do it all over the phone or email. Just make it clear you're ready to buy today so they don't think you're wasting their time.
#2504 of 3317
Re: djskrams [turbotorque] by passatg
Nov 22, 2004 (4:14 pm)
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Replying to: turbotorque (Nov 20, 2004 11:16 pm)

It sounds OK. I want a $14000 trade on an 02 Jetta TDI with 30000 miles, good condition, and will pay $19700 for a new GLS 1.8T w/ESP, MSRP $25235 in VA Beach, VA. What do you think?
#2505 of 3317
Re: djskrams [passatg] by moveover
Nov 22, 2004 (7:54 pm)
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Replying to: passatg (Nov 22, 2004 4:14 pm)

Invoice would be around $23200, less 2500 Dealer Cash and the $1000 current VW owner the price should be $ 19700 or less. I got mine for $400 under invoice before rebates.
You might consider the 4Motion GLS if the dealer has any left, the dealer cash is $3500 so it pretty close in price the standard GLS. I paid $21500, (ESP + ColdW) but did not get the $1000 owner cash, which would have dropped the price to $20500.
#2506 of 3317
Re: djskrams [moveover] by passatg
Nov 23, 2004 (4:04 am)
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Replying to: moveover (Nov 22, 2004 7:54 pm)

What do you think about my trade offer of $14K on the '02 Jetta TDI 5 speed, w/31000 miles. I have a star chip in the windshield, a few scratches and part of the front bumper chiped off. Otherwise, great condition.
#2507 of 3317
Re: djskrams [passatg] by robr2
Nov 23, 2004 (8:22 am)
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Replying to: passatg (Nov 23, 2004 4:04 am)

Post the trade info over at Real World Trade In Values. Terry will give you a number.
#2508 of 3317
What do you guys think? by sablegules
Nov 23, 2004 (12:14 pm)
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Replying to: robr2 (Nov 23, 2004 8:22 am)

My girlfriend bought a wheat beige O4 GLS Passat for 20990 - 2500 under invoice. The car was a lemon for the dealer though with the invoice dated Dec 30 '03. She also received the $1000 cash customer loyalty. She broke a lease early on a 2002 Golf Wagon with 44,000 miles. Trade in value was 9350 and she owed 14200. The negative difference of 4850 was rolled into the price of the car. In addition she put 2000 down.
 
She only nets 2000 month and has a credit score of 650. With those numbers, the dealer floated her financing at 72 months with a 6.5% rate.
 
Those are the terms of the deal. But....
 
When she went to pick the car up, we noticed the fender had a small dent and scratch. Obviously the dealer will fix the repair, but at this point she is not sure what to do. What do you think? Thankd for the input.
#2509 of 3317
What I think... by jrct9454
Nov 23, 2004 (12:57 pm)
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...is that she ought to keep her wagon ["Golf wagon"? Huh?] until she no longer has negative equity. At her annual income, this deal is something a responsible financial planner would tell her to avoid at all costs. But I would suppose it's too late now...

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