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Volkswagen Passat Lease Questions

752 messages, Last post on Nov 30, 2009 at 5:44 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Passat 2006 Value Edition Automatic MSRP $24655 36 months lease 30000 miles $200/month $0(first month + Fees) All tax included |
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Hi, I'm trying to get advice on what my best options are in a negative equity situation. I'm currently leasing an 04 Passat Wagon GLS. I'm 34 months into a 60 month lease. I have 39K on the vehicle, my payoff is roughly 21K and the blue book is $13,900. I obviously have to eat this somewhere, but am I better off going into another lease at this point, or am I just going to continue this cycle? Should I buy? Should I just ride out this lease?? Help! Thank you.
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Replying to: rreyes (Apr 24, 2006 12:05 pm) |
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Just got my new Passat. Here were the numbers: 2006 2.0T, Auto, Pkg #1, Dynaoaudio, 48 months, 12,000 miles. VW pull up program, they paid the last 4 payments on my 2003 Passat lease. Agreed upon value 26811.17 Gross Cap Cost 27386.17 500 customer loyalty, Adjusted cap caost 26886.17 Residual 14107.5 Rent charge 2341.33 $600 total drive off $315 a month $340 with tax. HOW DID I DO?
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Replying to: lastory (Apr 25, 2006 7:45 pm)
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Replying to: fish8 (Apr 26, 2006 4:02 am) |
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VW Currently has a pull up program for Beetle and Passat leasees. They will pay up to six remaining payments on your lease to get you into a new VW. There was one that covered Jetta leasees last month, I don't know if it's still going for the Jetta though.
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Replying to: lastory (Apr 26, 2006 7:49 am) |
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Car_man, I am looking to lease a 2006 Passat 2.0T Automatic with the only option being splash guards. Dealer is quoting me a sale price of $100 over invoice - ($23,908 according to Edmunds), however he is adding a $500 advertising fee and that looks to be non-negotiable. At any rate I am wanting to do either a 36 or 48 month lease with no money down and 1K miles per month. Can you provide me with the residual and money factor for both of these scenarios? Your time and attention are very much appreciated. |
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Car Man, My dealer has given me this quote: with 3,000 down, and 1,500 for the trade-in of my car (99 Taurus SE) I was quoted as 279.11 / mo. Is that good? Something tells me no. Pete
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