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Volkswagen Passat Prices Paid and Buying Experience

3274 messages,  Last post on Oct 09, 2008 at 2:19 AM

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

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#370 of 3274 *smirk* loved that response snurple! nm by busan Jan 02, 2001 (8:09 pm)
nm
#371 of 3274 snurple by im_brentwood Jan 02, 2001 (11:51 pm)
Well,   Much as you'd like to think I'm simply a "product specialist" you're talking to a manager. Well, let's see.. A 3yr old Passat GLS 4cyl Automatic that was, what, $23K or so new is currently going to cost me, with low miles, about $15,000 or so in a good color. That's wholesale. I.E. If I decide to go buy one at auction.   $7,500 to own that car. Assuming you paid $500 back of list which seemed to be close to market on them back then.   That's about a 65% 3-yr residual. That's VERY strong.   An Accord EX that was about $22K when new will cost me about $12,500 or so at auction. That's about a 57% residual. Not bad.   $8,000 to own that car. Assuming you got $1,500 off, or pretty close to invoice. Say about $500 over (Im assuming about $2K is built into an Accord)   Now, that Oldsmobile Intrigue GLS that you got the $1,500 rebate on, even though it too listed at about $23K. That car I can buy for about $10,500.   Say you got $3,500 off of the intrigue (The best resale of any domestic in its class I believe btw)   It cost you $9,000 to own.   As we all know, the deepest discounts are generally on the domestics. Say the model I put up there was accurate of market conditions... Even though the Intrigue (Which is a very nice car) was the best deal, and that VW Dealer made a $2,500 or whatever profit on the Passat, which car, OVERALL, was the best deal???   Of course, the best deal would be to buy that Passat as cheap as possible. As any smart consumer should do.   And, to what I said about Luxury cars. That's the area of the market that I work in. And some Luxury cars have outstanding resale value, better than any mass-market car (The Lexus GS-Series is an outstanding example, but so is the BMW 5-Series, Mercedes E-Class, etc..)   Let's look at some with lousy resale:   Volvo S70 Infinitis, esp the Q45, perhaps that car has the lowest 3yr residual of anything with 4 doors. Cadillacs Lincolns   And I don't see our customers having trade cycles that are much different than the people who buy Toyotas across the street.   Oh, my earlier post was in reference to this point you made:   >The Passat is not worth MSRP. >No car is--competition ensures this.   Actually, and I don't take it personally, I am of the opinion that you simply don't like dealers making a lot on you. Again, we all have our viewpoints.   Bill
#372 of 3274 brentwoodvolvo, So you're a manager... by snurple Jan 03, 2001 (9:55 am)
that means that you're even better at shoveling the stinky stuff than an average saleman.   Comparing resale value of a Passat to an Oldsmobile?! (Didn't GM just dump the brand?) Comparing 3-YEAR (instead of 5-year) residuals as an indicator of overall value?! Thinking that Passat buyers are cross-shopping with American cars?!   True competition for the Passat is Honda/Acura/Toyota/Lexus/Nissan on the one hand, and Audi/BMW/Volvo/Saab on the other. Most of VW's business, at least at this point in their RECOVERY, is from middle-tier Japanese and European cars. In this sense, your choices of examples are mostly beside the point.   Your best observation: "the best deal would be to buy the Passat as cheap as possible."   That's what I'm gonna do...unless I find a better deal.
#373 of 3274 When, oh, when...? by nmayr Jan 03, 2001 (10:16 am)
Does anybody out there have a definitive answer to the big questions: When will the 2001.5 show up at US dealerships? Will supply be sufficient by early summer to assure customers of decent deals? When will we see samples of the two new colors (red and champagne/mojave)?   Any help is appreciated.
#374 of 3274 New Passats... by ffxvw Jan 03, 2001 (2:59 pm)
Actually, the official word is that we might not get them until March, but everyone doubts that because of the lack of Passats. We would be in horrible condition without any of the new ones before then. As an example Snurple, in a typical month where we'd sell 100 VWs, we would sell 30 Passats. The distribution on these would be(typically):   10 4-cyl Automatics 5 4-cyl Manuals 2 6-Cyl Automatics 7 GLX 2 wheel drive 4 GLX 4-motion 2 Wagon   Until the new ones roll in, we have:   4 4-cyl Automatics 9 4-cyl Manuals 6 6-cyl Automatics 3 6-cyl Automatics 1 GLX 5-speed 1 GLX 2 Wheel Drive 1 GLX 4-motion 1 Wagon   My researching on the locate computer shows a similar distribution in dealers in my area. It sure doesn't sound like too damn rosy of a January and February!   Jason
#375 of 3274 2001.5's by ffxvw Jan 03, 2001 (3:03 pm)
Actually, the Volkswagen order guide I've got shows 12 colors for the new Passats!   Black Fresco Green (kind of a Grey/Green) Candy White Mojave Beige Metallic Pine Green (darker than current Green) Silverstone Grey Metallic (???) Blue Silver Metallic (???) Indigo Blue Reflex Silver Metallic (Brighter than current) Colorado Red Blue Anthracite Ink Blue (Very Dark Navy Blue Color)   Jason
#376 of 3274 Passat 2001.5 by junior75 Jan 03, 2001 (6:36 pm)
I just heard today, that the face-lifted Passat will only go up in price by $300 over the base price on the current models. Don't know if there is an increase in the packages. We were told late Feb. for release. I have seen pictures of the new colors from the port in Boston. BTW we sold our last 2 4motion wagons today!(must be the snow)
#377 of 3274 2000 4motions by 4qrl8 Jan 03, 2001 (7:27 pm)
I'm still looking for a 2000 4motion GLS sedan. Are there any left in So. Cal? Any info would be helpful.
#378 of 3274 snurple by im_brentwood Jan 03, 2001 (8:47 pm)
Yes,   I am a manager. Which means that i frankly, know a lot more about the car biz than you ever will. Unlike most people here, you love to jump down the throats of dealers.   Irrespective.. I used the 3-year cycle for two reasons:   1) The majority of wholesale values on these cars that I found in volume were for 3-4 year old ones.   2) Most people, per data from the NADA, Trade Journals, Manufacturers, etc, seems to agree that most people are on a 3 year trade cycle on average.   If anything else, we take in, by far, more 97-98 model year trades than any other. This is also true of the guys I know who work at higher volume stores.   And, from the "Volkswagen Competitive Product Guide" that I have (A friend of mine now works at a local VW Store) there isn't much mention of the Lexus or Mercedes or BMWs...   More like Camry, Intrigue, Taurus, Sable, Accord, etc...   Bill
#379 of 3274 4grl8 by vwguild Jan 03, 2001 (9:12 pm)
Email your request to me

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