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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

What is this discussion about? Volkswagen Passat, Car Leasing, Sedan, Wagon


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#185 of 752
signed a lease by yalehan
Apr 17, 2006 (12:32 pm)
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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
#186 of 752
Negative Equity by rreyes
Apr 24, 2006 (12:05 pm)
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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.
#187 of 752
Re: Negative Equity [rreyes] by fish8
Apr 25, 2006 (3:44 am)
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Replying to: rreyes (Apr 24, 2006 12:05 pm)

If you roll the negative equity into another lease, that just makes you more upside down in the next lease. The best thing to do is finish out your current lease then BUY your next car and drive it until the wheels fall off.
#188 of 752
2006 2.0T Lease by lastory
Apr 25, 2006 (7:45 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?
#189 of 752
Re: 2006 2.0T Lease [lastory] by fish8
Apr 26, 2006 (4:02 am)
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Replying to: lastory (Apr 25, 2006 7:45 pm)

What is a rent charge? Also, explain the details of the "pull up" program?
#190 of 752
Re: 2006 2.0T Lease [fish8] by kyfdx HOST
Apr 26, 2006 (6:15 am)
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Replying to: fish8 (Apr 26, 2006 4:02 am)

The rent charge is the finance portion of the lease payment.. Equivalent to the interest portion of a car loan..
#191 of 752
Pull up Program by lastory
Apr 26, 2006 (7:49 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.
#192 of 752
Re: Pull up Program [lastory] by fish8
Apr 27, 2006 (3:53 am)
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Replying to: lastory (Apr 26, 2006 7:49 am)

Interesting. I know over 2 years ago VW had a similar program but would pay up to 12 months of payments. I have about 2 years left on my leased Passat, hopefully VW will offer a similar program then.
#193 of 752
2006 Passat 2.0T Auto lease numbers by deejay2099
May 03, 2006 (12:53 pm)
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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.
#194 of 752
Lease a 2006 Passat 2.0 T Package 1 by tpro78
May 11, 2006 (7:52 pm)
Reply
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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