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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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#842 of 3318
No Holdback by mdugal
Mar 27, 2001 (11:57 am)
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This is contradicting information. On my left, a dealer says there is no holdback for 2001.5 passats. On Edmunds.com it says holdback is 2% of MSRP. Where do I get valid data?
 
If it's true there is no holdback, then the dealer will probably not budge much on the amount over invoice.
 
Any feedback??
#843 of 3318
Dealer Holdback by its_kristy
Mar 27, 2001 (12:15 pm)
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Try asking on VWVortex.com. This forum has much more activity and the member base is more of the die hard bunch. Very knowledgeable though.
#844 of 3318
Dealer Holdback by mdugal
Mar 27, 2001 (12:50 pm)
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Thank you! I'll check out the website.
#845 of 3318
Dealer Demo by applestem
Mar 27, 2001 (1:01 pm)
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I have found a dealer demo, GLX with 4-motion in my top color choice. The car has 700 miles on it. Does anyone have any advice on what kind of a price break I might expect to leverage on this car? Is it fair to try and get below invoice? I was not looking for 4-motion, but if I can get it somewhere near the range I was looking, I'd jump on the opportunity.
#846 of 3318
Ref: passat 2001.5 GLX by mdugal by dpr5
Mar 27, 2001 (4:05 pm)
Reply
Mona, look at rfh2's message note. His was a GLX with Tip(automatic) and CD changer. Don't know why you need any special tinting. He says he paid 28500 including all fees, just add tax and tags. London says he paid 27281 for the same car but with a 5 speed. Both cars are 2 wheel drive. Are you getting 4motion?.. I do not know anything about Texas, but all dealers have to pay the manufacture the same invoice price at the start of the day and all have to pay the state at the end. Everything else is negotiable and at the dealers discretion. Shop around including the internet. Call San Antonio dealers and Austin dealers. Let them know you will buy only from the dealer with the best price. You don't care how they cut it.
Dave
#847 of 3318
applestem by london_wilson
Mar 27, 2001 (4:20 pm)
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with 700 miles on it you should at least get $3000 or $6000 off the invoice price.
#848 of 3318
vwguild and mona by rfh2
Mar 27, 2001 (6:13 pm)
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First let me profusely apologize for a typo. My rather lengthy introduction stated I visited several dealerships in the NC area. This was incorrect. This time let me write it out. I visited several dealerships in the New York City metro area. Sorry about that. In response to vwguild I did go through the internet managers as well as the fleet managers. They were stuck on numbers and would not budge. The one 28,800 fellow was the internet manager. I admit the 29,911 fellow was a sales person but he seemed to be more knowledgeable than most and really did try to meet my numbers. If you can believe the scene he went to his boss who called his boss at home (it was a Sunday). I was in touch with this fellow by phone quite often and he called me several times and he really appeared genuine and sincere. He knew I was serious. His boss just would not move off the price. The rest is history.
#849 of 3318
Re: PASSAT financing by Car_man HOST
Mar 27, 2001 (6:41 pm)
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Beachboy2, unfortunately Volkswagen is not really offering any special finance rates on either the 2001 or 2001.5 Passat at this point. The best rates that you can get on these cars through VW Credit prior to April 2nd are 7.19% in some states and 7.49% in others for consumers with the best credit ratings. If your credit is not in great shape, the rates that you qualify for will be higher.
 
Car_Man
Host
Smart Shoppers / FWI Message Boards
#850 of 3318
2001.5 glx automatic by mdugal
Mar 28, 2001 (8:27 am)
Reply
Read all your feedback. With glx, automatic, 6-DC I can't get lower than $30,900 (includes tax, title, fees, everything except extended warranty). Now I will move beyond the Houston area and check Austin out and Dallas. Maybe with the economy the way it is, Dallas and Austin is hurting more (Houston is driven on oil and gas prices). Still haven't heard from anyone about a valid holdback existing.
I heard from a dealer that no holdback exists though edmunds.com says it's 2% of MSRP.
Any response on the holdback and if I can get lower driveout than $30,900.
 
Great townhall guys!
-Mona
#851 of 3318
2001.5 glx automatic by mdugal by dpr5
Mar 28, 2001 (10:16 am)
Reply
Mona, This 2 wheel drive, right? What is the %tax in Texas(Houston) and how much is title? Without those number it is hard to tell what kind of deal it really is. You should be able to get close to the following:

27187 invoice
  550 destination
  350 List price of DC changer re http://commerce.vw.com
----------
28087 Subtotal
  500 Dealer Dollars (includes all dealer created fees)
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28587 Subtotal
-
 nnnn nnnn=any state determand numbers or Tax's, title tags etc..
----------
yyyyy yyyyy=your walk out number.

The 'Dealer Dollars' is the number that the dealers compete against. That is the number you can ask for and can compare one against the other. I would not get into a hold back argument. As a good and fair minded person you are conceding that amount what ever it is....

Dave


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