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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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#2517 of 3318
2005 Passat GLS 4motion by coguk
Nov 26, 2004 (4:42 pm)
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Hi - I am trying to decide on a new lease.
I've read what everyone says about paying $100 over invoice etc. but is all the haggling really worth it if I'm just getting a lease!?
 
i've got a lease offer based on total price $25,750. i think that's about $700 over the invoice price, but what does that $700 really translate into in my 48 month lease in the end?
 
I find the whole experience highly stressful, so if it just comes down to saving $5 a month, I'd like to spare myself the ulcer!
 
Any advice?
#2518 of 3318
Re: 2005 Passat GLS 4motion [coguk] by turbotorque
Nov 27, 2004 (12:00 am)
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Replying to: coguk (Nov 26, 2004 4:42 pm)

$700 is $700. It can be in your pocket or the dealer's pocket. If you don't care one way or another, just sign the papers and be done with it. It balances things out for when people demanding dead invoice walk through the dealership doors.
#2519 of 3318
Re: 2005 Passat GLS 4motion [turbotorque] by coguk
Nov 27, 2004 (6:41 am)
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Replying to: turbotorque (Nov 27, 2004 12:00 am)

Hi turbotorque - thanks, and thanks for your other postings in this area - your threads have been most helpful!
 
But in terms of $700 "in my pocket" - that's my point ... its not in my pocket, not if i'm getting a lease, right? Its a small fraction of that every month "in my pocket" ...
 
So does anyone know roughly how much it equals each month? (i.e. $700 extra on total cost of car = "x" per month extra on a typical 48 month lease ... what is the value of "x")
#2520 of 3318
Re: 2005 Passat GLS 4motion [coguk] by turbotorque
Nov 28, 2004 (12:02 am)
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Replying to: coguk (Nov 27, 2004 6:41 am)

Well, it seems that you're thinking like a "payment buyer" - you're only looking at the monthly payment. When someone tells me "only $10 more a month" for 36 months, I instantly think "$360". If I wouldn't be willing to pay cash upfront for that item that is "only $10 more a month", I won't get it.
 
Anyway, if you're happy with the deal being proposed, don't worry about the prices other people paid. I think some of the people saying "I just bought a BMW M3 for $300 below invoice, and the dealer gave me Kelly Blue Book on the trade" are blowing smoke up you know where...
#2521 of 3318
2005 Passat GLS lease deals by josht
Nov 28, 2004 (12:30 pm)
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I'm looking at leasing a new 05 Passat GLS for 36-39 months and I'm trying to get a good deal. In other words, I want to take the car's residual value and purchase price into account. I just received a quote from a local dealer stating the following:
Selling price - $24,440 (MSRP= $26,030)
Payment - $329.76 + tax (39 months)
Mileage - 12,000/year
Residual - 50%
 
Can anyone tell me if they've received a better deal? That seems high to me. Any thoughts on leasing vs. buying? I'm ultimately trying to get a low payment and would purchase if the price was right.
#2522 of 3318
by tf1
Nov 28, 2004 (7:18 pm)
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For those, who considering 4Motion(4 cyl,6 cyl or 8 cyl). Compare maintaince schedules, it's "heavier", than without 4Motion. That means more money, time and problems with dealership. I did post my experience here(post 365), and it turned out it's not only my "bad luck": I came to the dealership about month ago and noticed guy(car owner), he was upset and one of dealership emploeeys asked him "What they doing with your car? Engine repare?" As I understood VW owner came there for oil change...
But, it might be just here, in Memphis, TN.
Good luck.
#2523 of 3318
Re: djskrams [turbotorque] by passatg
Nov 30, 2004 (5:29 am)
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Replying to: turbotorque (Nov 25, 2004 1:07 am)

Is that to say that the dealer sets the finance rate and not VW? Also, the dealer claimed that if I refinanced before 6 months, I would be charged the $1000.
#2524 of 3318
2004 VW Passat pricing in the Chicagoland area by ksubram1
Dec 02, 2004 (4:56 am)
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Hi all,
I am in the market for a 2004 VW GLS/GL Passat with automatic transmission. I am trying to take advantage of some year-end sales and deals that might come my way.
Can anybody share their VW Passat buying experiences in the Chicagoland area ? Any dealers that I should steer clear of ?
Thanks,
ksubram1
#2525 of 3318
Re: 2005 Passat GLS lease deals [josht] by coguk
Dec 04, 2004 (7:17 pm)
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Replying to: josht (Nov 28, 2004 12:30 pm)

I just leased my new 05 Passat GLS (relief and excitement!). I had a difficult time with the sales manager - slippery character. However I was armed with enough info thanks to this forum to be able to negotiate what I think was a good deal on an automatic with 4motion. I went for the 48 month lease - and got it for $310 including tax, with nothing down. They told me that with the $500 rebate I was actually getting it below "invoice", but then the figures on the deal sheet had so many confusing items that they could have been padding it back in .. the "selling price was $24,739, (MSRP $27,175) ... but then there was an "adjusted Selling Price" line item that read $26,447 and Total Cap cost was $27,247. Meanwhile, I was also able to turn in my Jetta which had 38 months of crap from my kids in it, a few scrapes and an unpainted replacement wingmirror. No charge for that and they are paying the last month on that lease.
 
So did I get a good deal, or did I get stiffed? ... who knows!? I don't think I ever really will.
but i'm happy its behind me now for another 4 years!
 
Good luck everyone ... cheers!
#2526 of 3318
Re: 2004 Passat 1.8T GLS [luvmywagon] by bridgeview
Dec 05, 2004 (12:31 am)
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Replying to: luvmywagon (Oct 13, 2004 12:45 pm)

Thanks for your advice on the Owner Loyalty incentive. It didn't work for us. We tried at 2 dealerships. I gave my old 1995 Jetta to my brother one month before buying a new Passat. One dealer said "they have to draw the line somewhere" which ticked me off. How loyal can you be? I told her I had 9 years worth of repair receipts I'd gladly drop on her desk if she'd like. She didn't want to see them. Where we ended up buying the car, the salesman still declined the loyalty incentive, but at least was a little more empathetic by saying "we've tried all sorts of things for other customers, but VW just won't accept it unless you have a current title." Incidentally, the car we were going to buy from the first dealer still is sitting on their lot 2 months later!

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