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Volkswagen Passat Lease Questions

698 messages,  Last post on Oct 06, 2008 at 11:46 AM

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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#206 of 698
2006 Passat lease by radrob
May 27, 2006 (6:13 pm)
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Is this a good deal?
2006 passat 2.0t auto pkg#1 splash guards gorilla mats
$998 inception
48 months/10k miles
$285+tax month
#207 of 698
VW Passat Wgn 2.0T Lease MF and Residuals by amx
Jun 03, 2006 (8:03 pm)
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Hello,
 
Anyone know the current VW Lease MF and Residuals for a 3yr/15k mil lease on the Wagon? I cannot seem to find the data anywhere.. also I read somewhere that people are getting selling prices 1k? below invoice... how does that work?
thx
#208 of 698
Re: 2006 Passat 2.0T Auto lease numbers [deejay2099] by Car_man HOST
Jun 05, 2006 (2:55 am)
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Replying to: deejay2099 (May 03, 2006 1:53 pm)

Hi deejay2099. $600 over dealer invoice is a pretty reasonable price for this car, obviously $100 over is better . If you were to lease a 2006 Volkswagen Passat 2.0T through VW Credit right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00057 and 56%, respectively. The numbers for an otherwise identical 48 month lease should be .00119 and 50%.
 
Car_man
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Smart Shopper / Prices Paid Forums
#209 of 698
Re: Lease a 2006 Passat 2.0 T Package 1 [tpro78] by Car_man HOST
Jun 05, 2006 (2:58 am)
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Replying to: tpro78 (May 11, 2006 8:52 pm)

Hello Pete. Let me begin by saying that it is not in your best interest as a consumer to put so much money down when leasing. If your vehicle is totaled in an accident or stolen and never recovered during your lease, your down payment will essentially vanish. You would be better off leasing this car without making any sort of capitalized cost reduction. You can still trade in your Taurus, just have the dealer cut you a check for it, or use the proceeds from it to cover things like your first month's payment, security deposit, and VW Credit's acquisition fee.
 
You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.
 
Car_man
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Smart Shopper / Prices Paid Forums
#210 of 698
Re: question [qbrozen] by Car_man HOST
Jun 05, 2006 (3:01 am)
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Replying to: qbrozen (May 16, 2006 10:47 am)

Hi qbrozen. Volkswagen has special lease money factors on all Passat variants right now, not just the Value Edition. If you were to lease an '06 Passat 2.0T through VW Credit right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00057 and 54%, respectively. I do not believe that the type of transmission that you choose has any impact upon this car's lease program.
 
Car_man
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Smart Shopper / Prices Paid Forums
#211 of 698
Re: 2006 2.0 T Lease [1210] by Car_man HOST
Jun 05, 2006 (3:02 am)
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Replying to: 1210 (May 17, 2006 3:10 pm)

Hello 1210. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion on this deal if you let me know what these numbers are.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#212 of 698
Re: VW Passat Wgn 2.0T Lease MF and Residuals [amx] by Car_man HOST
Jun 05, 2006 (3:09 am)
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Replying to: amx (Jun 03, 2006 8:03 pm)

Hello amx. Here is the informaiton that you are looking for. If you were to lease a 2007 Volkswagen Passat 2.0T Wagon through VW Credit right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00087 and 55%, respectively. $1,000 below dealer invoice for this vehicle sounds a little aggressive to me. I doubt very many, if any people out there got that price without some sort of hidden profit added into their deal. A couple hundred dollars over invoice is a very reasonable price for this vehicle. Make sure to stop by the following discussion for additional feedback on how much you should pay: "Volkswagen Passat: Prices Paid & Buying Experience".
 
Car_man
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Smart Shopper / Prices Paid Forums
#213 of 698
Re: 2006 Passat 2.0T Auto lease numbers [Car_man] by deejay2099
Jun 05, 2006 (7:02 am)
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Replying to: Car_man (Jun 05, 2006 2:55 am)

Thanks for the reply Car_man, much appreciated. I pulled the trigger on this car a few weeks ago and got a slightly better rate (.00047). VW must have made a change for June.
#214 of 698
2006 Passat 3.6L Lease MF and Residual by tedr3
Jun 09, 2006 (5:42 am)
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Car_Man (or anyone else):
 
What are the current VW Credit money factor and residual for a VW Passat 3.6L on a 36 month / 12,000 miles per year lease?
 
Thanks for making these forums the most useful car leasing resource on the internet.
 
Ted
#215 of 698
Re: 2006 Passat 3.6L Lease MF and Residual [tedr3] by tedr3
Jun 18, 2006 (6:24 am)
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Replying to: tedr3 (Jun 09, 2006 5:42 am)

Well, I had to pull the trigger before Car_man got a chance to respond (the lease on my old car was up).
 
If anyone is shopping, this was my deal:
 
2006 Passat Sedan, 3.6L, 4Motion, Package 1L, Rear airbags
 
36 mos./36,000 miles
 
MSRP: $35,630
Cap. Cost: $32,300
MF: 0.00111
Residual: 55%
Payment: $410
Payment w/tax: $447
Out of pocket $1,190 ($575 acquisition, 1st month and $168 for tags).
 
Hopefully, I did OK.

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