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Volkswagen Passat Lease Questions

752 messages,  Last post on Nov 30, 2009 at 5:44 PM

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

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#232 of 752 2.0T Lease Question by lankers Jul 04, 2006 (2:38 am)
Any idea if I got a good, bad or ok deal on a 2.0T Passat?I think it's called level 1 - w/ sunroof and CD changer.   48 month lease with 15K miles.   $2,865 out the door (that includes tax, license, registration and 1st month's payment)   $329 per month (includes tax, window tint and excessive wear and tear warranty ($5k credit on lease return).   At the end of the lease, I am able to buy the car for $13,070.   Asking price on the car was $27,240. I live in Los Angeles as well.   Any thoughts would be appreciated.   Thanks,   LJ Replies to this message: mikemookie (Jul 05, 2006 7:31 am) lankers (Jul 05, 2006 11:44 am) Car_man (Jul 06, 2006 2:09 am) zerodown (Jul 06, 2006 5:04 am)
#233 of 752 Re: 2.0T Lease Question [lankers] by mikemookie Jul 05, 2006 (7:31 am)
Replying to: lankers (Jul 04, 2006 2:38 am) When you add it all up, it comes out to about $408 a month (includes down payment divided by 36). That is pretty much what I have seen after going to 3 different dealers, one of which was a "friend of a friend." The difference is that the quotes I received were for a Level 2 WAGON - leather w/ heated seats. If you haven't pulled the trigger yet, I just spoke to a dealer that said the new post 4th of July rates just came in this morning and "they are much better." He is waiting for the system to update the numbers, but he said they will definitely result in savings. I also believe that if you did recently sign that deal, you should be able to transition to the new rates. At least that is what I was told from the "friend of a friend." Good luck. On that note, does anyone out there have the specific details on the rate changes for the Passat? Replies to this message: lankers (Jul 05, 2006 11:44 am) Car_man (Jul 06, 2006 2:09 am)
#234 of 752 Finders Fees by mikemookie Jul 05, 2006 (8:06 am)
Hey Car Man, Is there anyway to negotiate the fees that come along with a dealer having to locate and deliver your car that is not on their lot? Replies to this message: qbrozen (Jul 05, 2006 9:10 am) Car_man (Jul 06, 2006 2:03 am)
#235 of 752 Re: Finders Fees [mikemookie] by qbrozen Jul 05, 2006 (9:10 am)
Replying to: mikemookie (Jul 05, 2006 8:06 am) of course there is. Just tell them you will pay no such fee. I've never been charged a separate fee by a dealer to get a car for me from another dealer.
#236 of 752 Re: 2.0T Lease Question [mikemookie] by lankers Jul 05, 2006 (11:44 am)
Replying to: mikemookie (Jul 05, 2006 7:31 am) Wow, so I really got taken advantage of then, right??   Mine, all in including tax is $18,657 (48 month lease with 15K miles) - I have leather seats, but not the all leather package with heated seats.   Is there anything I can do? You mentioned that I should be able to go and get the new rates if I already purchased?? Or am I just out of luck?   Thanks for your advice! Replies to this message: Car_man (Jul 06, 2006 2:09 am)
#237 of 752 Re: 2006 VW Passat Value Edition [countdown1] by Car_man HOST Jul 06, 2006 (1:48 am)
Replying to: countdown1 (Jun 27, 2006 6:47 am) No problem, countdown1. OK, so the price adjustment covers the charges that are due at lease signing. I still would want a breakdown of the "inception fees" if I was in your situation to make sure that there is no padding going on, but this makes more sense. Volkswagen Credit charges a $575 acquisition fee on every vehicle that it leases. Individual dealers do not have the authority to waive this charge do don't bother trying to eliminate it. You can look up the exact dealer invoice price of the truck that you want by visiting the following section of this site: Edmunds.com New Vehicle Pricing.   Car_man Host Prices Paid Forums
#238 of 752 Re: 2.0T Lease Question [cdt1] by Car_man HOST Jul 06, 2006 (2:00 am)
Replying to: cdt1 (Jul 03, 2006 8:13 pm) Here you go, Chris. If you were to lease a 2006 Volkswagen Passat 2.0T Sedan 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 .00099 and 51%, respectively. The money factor for an otherwise identical lease with only 12,000 miles per year would be the same, but the residual value would be 2% higher. The 2007 Passat Wagon has been out for several months now, but I do not believe that the '07 Passat Sedans are available yet.   Car_man Host Prices Paid Forums
#239 of 752 Re: Finders Fees [mikemookie] by Car_man HOST Jul 06, 2006 (2:03 am)
Replying to: mikemookie (Jul 05, 2006 8:06 am) Hey mikemookie. There's no official fee associated with having a dealer locate and trade for a vehicle for you. The extra cost that is associated with this sort of deal is completely up to the dealer. If you are giving them a reasonable profit on the car that you want, you may be able to get them to trade for it without charging anything extra. However, don't expect a dealer to lease you a new Passat at or below dealer invoice and go through the trouble of trading for it as well.   Car_man Host Prices Paid Forums
#240 of 752 Re: 2.0T Lease Question [lankers] by Car_man HOST Jul 06, 2006 (2:09 am)
Replying to: lankers (Jul 05, 2006 11:44 am) Hi lankers. If you have already physically taken delivery of your new car, you cannot renegotiate your deal or take advantage of Volkswagen's new July lease program.   Car_man Host Prices Paid Forums
#241 of 752 Re: 2.0T Lease Question [lankers] by zerodown Jul 06, 2006 (5:04 am)
Replying to: lankers (Jul 04, 2006 2:38 am) I think you got a deal on par with mine.   I was going to get a Jetta GLI but they couldn't find one that I was looking for. So instead, I'm picking up a 2.0T Passat (base model) tonight. This is what I got.   36mos 12K 2900 out the door (taxes, license, etc) $304/mo %53 residual .00099 money factor $24200 cap cost   With package 1, it would have been about $20/mo more.

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