Last post on May 18, 2013 at 5:24 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Volkswagen Passat, Car Leasing, Sedan, Wagon
#1023 of 1181 Re: 2012 passat se w/ sunroof/nav [chevychase1]
Jun 25, 2012 (2:07 pm)
Edmunds true market-value for the car in my area = $26061 (I assume this edmunds price does NOT include taxes/fees).
Just my opinion, but I think it sounds like a good deal. We were looking at an SE model, Manual transmission and it lists for $24765. Dealer would take off $1100 the price for us was $23665. That was a no haggle price. Edmunds best price was $23276 which is only $1489 discount.
Seems your MSRP of $27835 and discounted price of $24776 is excellent, over $3000 difference, actually $3059...so a big discount on a car they don't discount very much, and a much better price than Edmunds Best price of $26061.
I think the discounted price of the car is unbelievable. I think unless you have a very good reason for leasing you should buy it for that price. But, I know people have very good reasons for leasing....I have had to do that myself a few times, though I don't think I would do it now.
If you check Passat lease deals right now this is what they are offering;
The 2012 Passat Lease Special.
$209*/Month. 36-month lease. $1,999 due at signing. (Excludes title, tax, options and dealer fees. Excludes TDIŽ models.)
Lease a 2012 Passat 2.5L S with Appearance Package with automatic transmission for $209* a month. 36-month lease, $1,999 due at signing. (Excludes title, tax, options and dealer fees. Excludes TDIŽ models). See your local VW dealer for this limited time offer or for one of many other great lease deals available on Passat models.
Sounds like to me, you are getting an SE model, with a sun roof and navigation plus camera and upgrade radio plus touch screen for $16 more a month than the advertised price.
I am not a down to the last dollar kind of person. I think it is a terrific deal, and I don't think you will be sorry at all. If by chance you could have saved $10 a month looking around I don't think it would be worth the $360 of time and effort.
The one thing you may want to consider is the 2013s will be out soon. Not a big thing, but because they are a year newer they should be worth more as a trade in in 3 years time, so the payments may actually be less. We are into July and they will probably be making them in a month and selling them in September. Is it worth waiting for?
We won't need our car until November, so we are going to order a 2013 near the end of August.
Let me know what you think.
Nor sure where Car Man is, he could be a big help.
I hope they keep that deal going, because you do make your best deals at the end of the month, and it is almost the end of the month!
#1024 of 1181 Re: 2012 passat se w/ sunroof/nav [driver100]
Jun 26, 2012 (6:05 am)
Putting money down on a least to lower the monthly payment is rarely a good idea, particularly when the money factor is so low. Smart leasees will put the money in an account where, if needed, the money can be used for a variety of reasons. If the leasee runs into a bit of short term cash problems, money is available to make several monthly lease payments or to reduce the monthly lease payment as needed.
Also, putting the money in the bank rather than using it to lower the monthly lease payment by a few bucks can result in the leasee saving some money. In reality most people can come up with a few extra dollars each month to pay the higher lease payment while leaving the money which would have been paid at lease inception in the bank for a "rainy day".
#1025 of 1181 Re: 2012 passat se w/ sunroof/nav [billy3554]
Jun 26, 2012 (11:06 am)
Putting money down on a least to lower the monthly payment is rarely a good idea, particularly when the money factor is so low.
I agree 99.9%. I think there are sometimes people who can't save $2000 in the bank for a rainy day. If they have $2000 sitting there they will want to buy clothes, or go to a casino, or use it to go on a trip.
For those people, it might be better to just put a down payment of the leased car........it's like forced savings. At least the money actually got used for a good purpose, and wasn't frittered away.
But, your point does make sense to me, and you added a very good one. Some lease rates are very good right now, so you might as well let the car company absorb the interest payments, and keep more money for yourself.
The question is, do you prefer to lease or buy?
#1026 of 1181 Lease: 2012 Passat SEL Premium with Sunroof and Nav
Jul 02, 2012 (1:44 pm)
The dealer recently gave me this offer:
12k miles/ 36 months
$369 a month 0 down.
I was thinking of counter offering with 350 a month.
Im I on the right track? Did they give me a decent offer?
Thank you so very much.
Vyletel, Sterling Heights, MI
Jul 02, 2012 (10:41 pm)
Looking to lease an se.
Went to a dealer and walked away from this simple offer
226 plus tax/month
Thoughts on this deal?
#1028 of 1181 Lease offer on SE 2.5
Jul 18, 2012 (7:26 pm)
Just got my lease offer on a 2.5 SE
First time leasing and trying to learn on the fly, please advise
15K per year
$2500 down payment
All taxes, tags, registration etc... included
good deal or no?
#1029 of 1181 2012 Passat SE with Sunroof 15K
Jul 19, 2012 (3:52 pm)
I've been reading a lot and thought I should share my deal.
2012 Passat SE with Sunroof no Nav.
15,000 miles a year for 36 months in Washington State
$500 down, which included the first months payment.
$315 a month.
After all of my research, I think this is a great deal. Very happy customer.
#1030 of 1181 2012 Passat SE 12k
Jul 20, 2012 (3:00 pm)
Thought I'd chime in. This site certainly helped me before going in to negotiate lease on 2012 Passat w/o sunroof and w/o nav. Thank you all for your input on this site. Terms: $500 down (which includes first month payment); $268 per month (which includes 6.5% tax); 3yr lease 12K miles per yr. I had dealer throw in rubber mats Note that I had traded in a leased car where I had some "equity" in it. I was given a $670 trade allowance. On prior lease, I had one remaining $238 monthly payment. I feel pretty good about the deal.
#1031 of 1181 Re: 2012 passat se w/ sunroof/nav [chevychase1]
Jul 20, 2012 (11:52 pm)
That seem like a really great price. I just have a few questions before final thumbs up.
What is your city and state?
What is the sales tax in your state?
Does your state make you pay all of the sales tax at time of purchase?(that"s what your post make it look like), or does each monthly payment include sales tax in that amount?
Look forward to your reply...Alex
#1032 of 1181 2012 Passat SE w/Nav & Sunroof
Jul 22, 2012 (12:05 am)
First time leasing and this is best I could talk my dealer into for a SE w/Nav & Sunroof. Is this a good price for 12,000 /3 yrs in CA?
Selling Price: $24,000
12K Residual $14,456
First Payment and DMV: $674
Base Payment: $286
Payment including tax: $311
Should I go for this or negotiate further?