Last post on Dec 06, 2013 at 6:20 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Volkswagen Passat, Car Leasing, Sedan, Wagon
#1058 of 1256 Re: Car Man...2012 or 2013 VW Passat in Central Florida? [cargirl123]
Sep 30, 2012 (5:51 am)
You're welcome cargirl123. The car that you are interested in probably has a spread of only a little over $1,000 between its MSRP and its dealer invoice price. Add to that the $1,000 cash incentive that is available on leases of this car and you have a total of around $2,000 to play with in your negotiations.
Is the initial cap cost that you provided this car's straight selling price, or does it include fees and or taxes? If it doesn't include any fees then I definitely think that you can do better. If it does then I will have to reevaluate.
VW Credit's top tier buy rate for a 36-month lease of this car is only .00015, but the factor that you were quoted isn't much higher than that.
Prices Paid: Buying & Leasing Experiences Forum
#1059 of 1256 Re: 2013 Passat 2.5L SEL [truetao]
Sep 30, 2012 (5:54 am)
Hi truetao. Volkswagen Credit's September buy rate lease money factor and residual value for a 36-month lease of a 2013 Passat Sedan SEL with 10,000 miles per year are .00015 and 57%, respectively for consumers who qualify for its top credit tier.
When negotiating your deal on this car, make sure to take advantage of the $1,000 cash incentive that is currently available on leases of it.
Prices Paid: Buying & Leasing Experiences Forum
#1060 of 1256 Re: Car Man...2012 or 2013 VW Passat in Central Florida? [Car_man]
Oct 02, 2012 (12:33 pm)
Thank you for your assistance. I ended up leasing the car before I heard back from you. I hope that the ultimate lease deal I got was good in your opinion. I am guessing I probably could of done better.
Central Florida was a tough market to negotiate in. I ended up dealing with three different dealers. The best that one dealer would give me was $0 down, $347 a month for a 2012. It was a good deal, but the colors they offered were horrible. The other dealership was extremely sleazy and their numbers made zero sense...so bad that they should have been embarrassed. The dealership that I signed with seemed to be the most reasonable. I did use the $347 a month deal to work down the final deal. The final deal came from the same dealership that initially wanted me to give $1600 down, which by the end of the week changed to $355 down. Please note that I had a car that I decided to trade in as oppose to privately sell because I didnít want to deal with the hassle of it. The KBB on the car was $8,800 and my payoff was $11,134.00Öso had negative equity.
Final Deal that I took:
2013 VW Passat Se (no navigation or sunroof)
Money Factor: .00015
Lease End Value: $14,784
Initial Cap Cost $25,212.11
Total Trade Allow: $11,135.00
Adjusted Cap Cost: $26,560.61
Down Payment at signing: $355.00
Fees in Cap Cost: $1,348.50
Doc Fees: $236.50
Total Monthly Payment: $355.00
#1061 of 1256 2013 VW Passatt in Dallas, Texas
Oct 02, 2012 (2:32 pm)
I am trying to lower my car payments by trading in a 2012 VW EOS for a lease on a Passatt. According to the dealership, I have negative equity of about $3700 after a $2000 loyalty discount on the lease. I am looking at a 2013 Passatt SE and they want $600 down and $420/month with 15K miles. The 2013 Passatt S was only $379 with $600 down and 15K miles. Why is the SE so much more expensive when the MSRP is only about $1500 more? Is $420/mo a good deal? I was thinking $400 would be about right. Any info would be greatly appreciated.
#1062 of 1256 2013 Passat Lease w/ sunroof and nav
Oct 02, 2012 (3:22 pm)
As another benchmark for those in the market, my wife an I leased a 2013 VW Passat SE w/ sunroof and nav on 9/30 in the Phoenix-metro area. I don't have the paperwork in front of me, but lease was for 15K miles and MF was .00015 (can't recall residual). MSRP of $28,060. I believe cap cost was at or about $25,700 with lease incentive of $1K on leases for '13 Passat SE (good through end of October as I understand it). Payments are $370 (with tax). We made first payment at signing, but nothing else down. Hope this helps others.
#1063 of 1256 Re: 2013 Passat 2.5L SEL [Car_man]
Oct 03, 2012 (1:15 pm)
Thank you very much, Car_man.
I appreciate your help.
#1064 of 1256 2012 passat TDI SE lease
Oct 04, 2012 (9:48 pm)
I was looking for info on turning in my passat. Not that I really want to but my job situation has changed and I am having a hard time affording the payments. I am only 1 year into a 3 year lease. How bad am I going to get raked over the coals..... thanks
#1065 of 1256 Re: 2012 passat TDI SE lease [cubbyfab]
Oct 05, 2012 (6:12 am)
What are your payments? Have you tried lease trader or swap a lease? They charge a fee, but will help get someone to take over your payments.
#1066 of 1256 Re: 2012 passat TDI SE lease [nyccarguy]
Oct 05, 2012 (9:13 am)
My payment is $530/ month.
#1067 of 1256 Re: 2012 passat TDI SE lease [cubbyfab]
Oct 05, 2012 (10:08 am)
Ouch! How many miles per year is the lease for? $0 down?