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Volkswagen Passat Prices Paid and Buying Experience

3318 messages,  Last post on Nov 12, 2009 at 9:57 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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#484 of 3318
2001.5's by ffxvw
Jan 29, 2001 (1:41 pm)
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Snurple,
 
All I can tell you is what I've seen, and what the dealers in my area are doing. The ones we have sold went for MSRP. All of them. Every customer I've had who shopped other dealers in the area reported dealers charging AT LEAST M.S.R.P. We just had a massive debate here about putting ADM on them. Thankfully, that idea got nixed.
I've told people before that to get a deep discount on these cars, they will probably have to wait several months. I'm sure some dealers wil start discounting sooner than others, but that will change (in my opinion) once they have run out of the cars and had to pass up on customers looking for them.
Don't get me wrong, I'm not happy to see this situation. Like I said, I get paid on volume, so the lower my boss will go, the better I would do!
Has anyone reading this purchased a 2001.5 at a heavily discounted price?
 
Jason
#485 of 3318
ffxvw, It's your First Weekend... by snurple
Jan 29, 2001 (2:50 pm)
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and you sold, what, SEVEN cars? Those SEVEN people couldn't wait until even the second weekend...and I am sure that there are at least FIVE more idiots out there...
 
BUT, the fact that ONE person got a very good deal--he saved $2000!--should convince people that they too can shop around for a good deal. Two key thoughts: Wait & Shop Around.
 
PLUS, as we all know, the economy is either already in the crapper (if you're one of the 26,000 who are getting fired by Daimler-Chrysler, the 2400 dumped by AOL-Time Warner, the Lucent casualities, etc.), or will be (for those who have yet to feel a real pinch). I think that a poor economy will take an edge off Passat sales.
#486 of 3318
passat or volvo? by grimmjb
Jan 29, 2001 (9:41 pm)
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I am thinking about buying a passat, either a 4cyl or a 6 cyl, not sure yet. but for about the same price i found i could get a volvo S40, on of the safest cars in the world. also, volvo's have an average life span of like 17 years. what kind of info can you offer to help sway me in either direction. thank you for your time.
 
Also, how bad is the torx steer in the v6 passat?
#487 of 3318
Waiting... by ffxvw
Jan 30, 2001 (6:47 am)
Reply
Oh, I agree. Anyone who is willing to wait will be able to get better deals, especially once the 2002 models are out. It depends on how important it is to people. Lease customers, for one might as well jump on them. The residuals are really good since they just came out, and the extra money they may pay for the car is probably totally offset by that.
Two things: I see the economic slowdown, but I think a lot of this has been precipitated by market corrections of companies that were extremely inflated to begin with. My feeling is that the more solid underpinnings of the economy are still there, and will continue to help the economy grow, albeit at a slower pace.
Second, I think you may be underestimating two things. First the inteligence of car buyers. They are still looking for deals, but they want the car. If no one is discounting, they realize that that is just the market condition for these cars, and they say ok. Second is the appeal of these cars. The new Passats are EXTRAORDINARY. They basically did a minor re-design, and improved the image of the car about 200%! Have you been out to see one yet?
 
Jason
 
P.S. I apologize for my verbosity in advance. }
#488 of 3318
grimmjb--s40 by snurple
Jan 30, 2001 (6:54 am)
Reply
Coincidentally, over at vwvortex.com there is a topic: "I sat in my friends new Volvo S40 today, just my opinion." Check it out for a good sampling of opinions from Passat loyalists.
#489 of 3318
ffxvw--I've seen the new Passats and they suck! by snurple
Jan 30, 2001 (7:10 am)
Reply
Okay, not really. It's a nice car--but it's only worth so much...
 
On your points--
As you know, leasing was created by Satan. Moreover, I doubt that a Passat lease, especially since you are implying that it will be based on MSRP, will be a reasonable deal compared to taking the time to find a solid deal and then financing. The residual *might* be better now, but since residuals are guesswork in any case, I am sure that VW and other leasing companies will tend to lower them rather than raise them, thus increasing the "depreciation."
 
On the economy, the fact that many companies are continuing to lay off people NOW, means that we are in the middle of something bad, not at the end of a poor economic cycle. This will continue to cause a ripple effect--those laid off will not be buying TVs and clothing, let alone brand new Passats. And their inability to purchase will affect the livelihood of others. As a result, everyone should take a hard look at their plans to buy a new car in the near future.
 
And finally, market conditions/schmarket conditions--see above post (and vwvortex.com) for the example of one guy who got a great deal on a 2001.5 Passat ($2000 below MSRP!) If people WAIT (a few weeks to several months--but not six months) AND shop around, they will find that these "market conditions" you refer to are not a monolithic wall of MSRP, MSRP, MSRP... Good deals can be had by smart people who are not driven by impatience.
#490 of 3318
2002 Passats by nmayr
Jan 30, 2001 (7:31 am)
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Re Post #477: You can look at the features of the 2002 Passats under Edmunds Road Tests, new vehicles tested. I could not detect any changes from the 2001.5.
#491 of 3318
What?! by snurple
Jan 30, 2001 (8:53 am)
Reply
You are sending people on a wild goose chase nmayr.
 
I wonder why?
#492 of 3318
It is there... by ffxvw
Jan 30, 2001 (12:27 pm)
Reply
Amazingly, there is a section on that...don't know how or why...
 
Speaking of guesswork, all of this economic forecasting is giving me a headache. All I meant was that my gut instinct is that the economy is actually pretty healthy now. A tree can look really full and healthy, but need pruning badly. After pruning, it may look a little ragged, but you're down to all good wood!
 
Jason
#493 of 3318
sounds like a great deal by littledeb74
Jan 31, 2001 (11:43 am)
Reply
naph11--
 
If you don't mind me asking, what dealer, in what state, gave you the price of $22,000?
 
I am in negotiations right now and the price that I got for this exact car is $22,900. So, of course I am going to try and talk them down to $22,000.

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