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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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#593 of 3318
Dealer financing? by j062
Feb 16, 2001 (10:21 am)
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Anyone dealer financed the new Passat? If so, what's the rate being offered?
 
Thanks
#594 of 3318
On an entirely different subject.... by ffxvw
Feb 16, 2001 (3:35 pm)
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Has anyone seen the Ink Blue Passat yet? We haven't gottent any in, and from the number of requests I'm getting for that color, not too many other people have either.
 
Jason
#595 of 3318
Dealer Fees by fiftyfive
Feb 17, 2001 (6:10 am)
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I have an idea for car dealers - why not add an "electricity fee" to each invoice? After all, the dealership actually pays the electric bill each month, and the electric helps light up every car that comes thru the dealership. So why not add a automatic electricity charge to the invoice for $17 per car. Don't forget the water fee for $12. How about a separate salesman commision fee and a sales manager salary fee?
 
In truth, I think that car dealers are entitled to charge whatever the market will bear. If they want to take normal items of overhead and break them out as separate fees, that's their perogative. Personally, I think it is a lame practice, but I don't run the dealership and apparently they make more money doing it that way. They are in business to make money after all.
 
The real problem is when the charges are handled deceptively, such as hiding them until the last minute. It part, it depends on how the deal is handled - if the dealer promises a price of MSRP minus 3% and then adds back $350 in "fees" that is deceptive because in reality he would only be offering MSRP minus 2% even though promising something else. If the dealer promises invoice plus 3% and tries to tell you that invoice includes all of these fees, I would consider that a lame business practice, but not necessarily deceptive as long as the information wasn't hidden or misrepresented.
#596 of 3318
Fees.... by ffxvw
Feb 17, 2001 (7:34 am)
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Yeah, its horrible. If all dealers pay them, the manufacturer should really just suck it up and include them in the base price.
The main problem is that EVERY auto manufacturer does this. It probably started with just one clever guy, who said, "If I break out my shipping costs as "Destination Fee", my car looks like its cheaper!". Now, to keep their prices as low as possible, all of the manufacturers break out as many fees as possible just to keep up.
Hmmm...now if they would just let me run things for a while... }
 
Jason
#597 of 3318
Passat Pricing 2/16/01 2001 and 2001.5 by pbailey68
Feb 17, 2001 (8:21 am)
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I just have a very enjoyable experience buying my Passat this week. Here are a few of my comments.
 
1. There is an unadvertised dealer incentive rebate of $1000-$1500 on the 2001 Passats.
 
2. Once I found the car I wanted, I had a hard time getting any dealer to give a reasonable deal until I came in with other prices from online sources.
 
3. Find out your credit score before you walk into a dealer. I got a "quick quote" based on my score. I also got the dealer to beat my APR rate from my credit union. Get financed before you go in, you don't have to use it.
 
4. Eloan is not accepted at most dealers right now. They are not paying all of their checks and 3 dealers said that their managers would not take the checks, 2 of them were polite and said "We would rather not use them, there paperwork is a pain, but when pressed they admitted it was because of their poor financial status.
 
5. Carsdirect.com found me the car much easier than looking myself. It took 2 days for my representative(Hugh) to get the deal. They will try to finance you and get you a warranty... to beef up their sale, but they got me a great price of the car exactly I wanted. They work with the fleet dealers and I was surprised when the fleet guy said he would expect me to have me service my car at his dealership. I figured that buying online I would have a "car without a dealer" but he explained that VW just considers that I bought the car from him and they will keep track of my customer service through him.
 
6. Another note on fleet dealers, Once I got talking to this guy I felt that the fleet salesmen are the guys that have paid their dues and are the true professionals of the dealership. They dont have to hustle the floor like they used to and really have the whole experience worked out.
 
7.I also asked the dealer if I could of got the same price if I walked in the door right now on the Passat 2001.5. He said most dealerships wont want to discount much until about 3 weeks from now. The new TV and radio spots are just starting and he said that unless you have a good source(the fleet dealer owed the broker a favor) then the dealer really dont want to discount the cars until after they see how well they sell the next couple of weeks. He said by early April you could get good discounts on them.
 
7. Pricing
 
2001.5 Passat Silverstone Grey, tiptronic, monsoon, cd in trunk, luxury package: $24519 out the door with tax and title $26897, financed with VW and total time spent shopping for car 7 days.
#598 of 3318
Ink Blue for ffxvw by njcarl
Feb 17, 2001 (7:05 pm)
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I've seen two of these in my recent search for a 2001.5 in the central NJ area. It's a real desciptive name; it looks just like the blue of a BIC pen; I think BMW has (or recently had) a very similar color. It's pretty sharp, although not what I was looking for. I've been driving my 2001.5 Silverstone Gray for about a week now and love it; can't believe the power on the 1.8 T 4Cyl !!
#599 of 3318
njcarl by vwguild
Feb 17, 2001 (7:38 pm)
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Glad to hear that you are having such a good time...
email me and I'll give you an update on your
new car...
#600 of 3318
VW Interest Rates by its_kristy
Feb 18, 2001 (9:26 am)
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What rates is VW offering? PBailey--did you get a good rate? What state are you in? Also, I assume since you mentioned that e-loan was not being accepted by most dealers, that you had obtained financing through them and were using it as a negotiation tool. Since it was rejected, where else did you find competing rates? It seems like many of the national banks have ridiculously high rates 10+%--I just assume they don't want to be in the car loand business.
#601 of 3318
Toddyhill2--Where did you buy? by its_kristy
Feb 18, 2001 (9:33 am)
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Toddyhill2--where did you buy your car? I am assuming somewhere in texas? What dealership?
#602 of 3318
Question for PBailey by pilotsfan
Feb 18, 2001 (10:40 am)
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Thanks for the info.
 
Question: Did you get the leather package or go with cloth interior?
 
Thanks

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