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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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#2931 of 3318 Re: 2007 VW Passat Wagon 3.6L 4Motion [xando05] by mvc_jones Feb 15, 2006 (7:10 am)
Replying to: xando05 (Feb 12, 2006 6:40 pm) Can't comment on the numbers but why would you put $8500 down on a lease, especially when they are offering you 4.8% money? All you are doing is paying payments in advance when you are being offered cheap cash, and if you total the car, your $8500 is gone.   At a minimum if you do this deal you should consider putting $0 down and holding your $8500 in a MMA and use it to supplement your payments as you go. Replies to this message: fish8 (Feb 15, 2006 11:18 am)
#2932 of 3318 Re: 2007 VW Passat Wagon 3.6L 4Motion [mvc_jones] by fish8 Feb 15, 2006 (11:18 am)
Replying to: mvc_jones (Feb 15, 2006 7:10 am) $8500 down on a lease is not a good idea. If anything, get a higher monthly payment and supplement the monthly cost with the $8500 you have in the bank. Like jones said, if your new Passat gets totalled the $ you put down is gone.
#2933 of 3318 Re: Value Edition [tjspeedva] by rayleiwu Feb 15, 2006 (4:09 pm)
Replying to: tjspeedva (Feb 09, 2006 12:23 pm) Actually countdbc might not be misleading. I got almost the same deal as his which at near invoice, but I purchased the car at the end of the year that might helped a little. I love this ride everyday! It's certainly worth of more than what I paid. I'm also glad to see that Passat 06 has been rated as top 3 on Consumer Report and beat Toys and Hods(06 accord hybird excluded) out! Check out incentives VW currently offers: 4.9% for 60 months financing is only applied to Passat now vs 3.9% on Jetta and other VWs.   So if you are really in it, any price between invoice and MSRP are reasonable, it's a bargain .
#2934 of 3318 Re: 2007 VW Passat Wagon 3.6L 4Motion [xando05] by bonedriver Feb 17, 2006 (7:39 am)
Replying to: xando05 (Feb 12, 2006 6:40 pm) This response is to this specific lease and leasing VW in general. First off, I agree with the other two postings, putting a down payment against a lease is throwing money away. Additionally, with that much down, your lease payment is still ridiculous. If you run the numbers, especially with money to put down, a purchase is significantly in your interest. Leases are only beneficial when you have to tie up minimal financial capital into the lease (i.e NO downpayment). Second, money factors are all fine to discuss, but the most important figure in the deal is the residual percentage applied to the value of the car. A similarly equipped and priced Audi A-4 carries a residual of 70% of the car vs. the 58% you got for example. Even 58% is way better than the 53% I got quoted in TX... A good rule of thumb, Lease LUXURY cars or cars for business. Luxury car labels carry alot of weight in perceived value down the road. Businesses can use a lease as a write off while preserving cash for other operating expenses. I have an A4 lease ending this month and buying a Passat next. Replies to this message: jimd4 (Feb 18, 2006 5:33 pm) bonedriver (Feb 24, 2006 12:13 pm)
#2935 of 3318 Re: 2007 VW Passat Wagon 3.6L 4Motion [bonedriver] by jimd4 Feb 18, 2006 (5:33 pm)
Replying to: bonedriver (Feb 17, 2006 7:39 am) As someone who has leased two Audi A6s, I agree with your lease comments especially regarding residual. But does the Passat have a high residual? I am skeptical. I have been thinking of buying the Passat Wagon. Replies to this message: bonedriver (Feb 24, 2006 12:13 pm)
#2936 of 3318 2006 VW Passat 3.6L by sdoo25 Feb 18, 2006 (7:32 pm)
I wanted to get some input on the following Passat:   Passat 3.6L Package #1 Luxury DVD Satellite Navigation MSRP = $35,130 Invoice = 32,245   From my research I come with a range from $32,700 - $33,400 as a fair price. I've been to the Fitzgerald Auto Mall site and most of their 3.6L's are listed at or below invoice, as I'm in Tampa, FL this doesn't directly help me. I wanted to know what anybody has paid for this vehicle, especially in the Tampa/Orlando area, and what anybody has paid for any Passat in the Tampa/Orlando area.   I've been reading the forums for a while and have gotten many good tips and advice. Thanks for everyone's input.   Tom
#2937 of 3318 Two questions by doctorw Feb 21, 2006 (10:18 am)
Hi,   I've been negotiating with several dealers in the Boston area and have two offers I am considering right now. The first is for a 3.6L sedan with 4motion sport package 1 and navigation for $34,400. The second is for a 3.6L sedan with 4motion luxury package 1 and navigation for $33,900. Are these good deals? Also, over the test drive I could not sense a big difference in the suspension between the sport and luxury models, could just be the roads, is the sport much harsher? Second, most passats I see have the luxury package, implying that there are more buyers for this package, will the sport affect trade-in value?
#2938 of 3318 Made my deal today by marshallcpa Feb 21, 2006 (6:53 pm)
2.0T Arctic Blue Silver/Black Interior w/ Package #2   MSRP 28415 Selling Price 26050 including 99 processing fee. Also using standard VW money factors in the lease.   King VW, Gaithersburg, MD, 20 miles north of DC. Dealer had no problem with me publishing the numbers, so I expect they'd do it again. This is an Internet deal - contact the Internet manager. Has been extremely pleasant experience so far; picking up car on Friday.   Full details at Post #151 on the Leasing Board.   Hope this is helpful.   Brian
#2939 of 3318 Price paid for 3.6L 4-motion Passat by cstabile Feb 24, 2006 (11:25 am)
For those interested, here are the details of the deal I wrapped up yesterday in Alexandria, VA. Pick it up Sat morning..can't wait.   3.6L liter 4-motion Sport package #2 Navigation Rear air bags Rubber Mats w/Trunk Liner & Splash Guards MSRP w/ destination of $40,509. Invoice per Edmunds of $37,243 Price paid was: Car - $36,500 plus Processing fee - $229 plus Tags - $52 plus Tax - $1,175 (3.2% in VA). Price is net of $500 VW loyalty cash.
#2940 of 3318 Re: 2007 VW Passat Wagon 3.6L 4Motion [jimd4] by bonedriver Feb 24, 2006 (12:13 pm)
Replying to: jimd4 (Feb 18, 2006 5:33 pm) The Passat dealers are applying a residual percentage about 15% below what Audi is applying to a similarly equipped A-4 vs. a 3.6 Passat with Lux#2, Nav, etc... Audi and BMW both lease with residual at or above 70% which is pretty accurate since dealer trade value is within +/- $200 of my residual. So it looks like I'll trade the leased A-4 instead of turning it in. Mostly for tax advantages on the Passat purchaseand return of the secuirty deposit. and don;t get me started on the lease turn-in inspection contractor.....Terrible.

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