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Volkswagen Passat Lease Questions

751 messages,  Last post on Oct 15, 2009 at 2:08 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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#235 of 751
Re: Finders Fees [mikemookie] by qbrozen
Jul 05, 2006 (9:10 am)
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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 751
Re: 2.0T Lease Question [mikemookie] by lankers
Jul 05, 2006 (11:44 am)
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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!
#237 of 751
Re: 2006 VW Passat Value Edition [countdown1] by Car_man HOST
Jul 06, 2006 (1:48 am)
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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.
 
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#238 of 751
Re: 2.0T Lease Question [cdt1] by Car_man HOST
Jul 06, 2006 (2:00 am)
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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.
 
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#239 of 751
Re: Finders Fees [mikemookie] by Car_man HOST
Jul 06, 2006 (2:03 am)
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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.
 
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#240 of 751
Re: 2.0T Lease Question [lankers] by Car_man HOST
Jul 06, 2006 (2:09 am)
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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.
 
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#241 of 751
Re: 2.0T Lease Question [lankers] by zerodown
Jul 06, 2006 (5:04 am)
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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.
#242 of 751
Lease Details by mikemookie
Jul 06, 2006 (11:20 am)
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Car_Man,
I have seen a couple different itemized price point lists going around on the board. MSRP, residual, money factor, etc.
Are these numbers I can get from my sales guy before I sign anything, and what are the essentials to provide you to enable you to assess the value of the deal?
Thanks!
#243 of 751
what do you think car_man? by mikemookie
Jul 07, 2006 (6:09 am)
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Just got this quote... what do you think?
 
2007 2.0L Passat Wagon with Luxury 2 Package / 10k miles per year
 
MSRP: 29,360.00
Selling: 28,500.00
Acquisition Fee: 575.00
Adj. Cap Cost: 27,040.10
Lease Factor: 0.00128 (this is the only # I saw that looks like a lease factor, he calling it the “Retention Rate”
Residual: 58% = 17,185.40 (base 55%; bump 3%)
Fee & Insurance = 464.00
Money down: 2,999.00 (cap reduction = 2,034.90)
36 Months: $350.17 per month
#244 of 751
2006 Passat 2.0T auto by chmcmm
Jul 07, 2006 (9:03 am)
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Replying to: Car_man (Sep 29, 2005 3:46 am)

Here's the quote I just got in PA. What do you think?
 
36mo/12k with $569.27 down, $391.07 plus tax.
$27,790 msrp down to $26,300 cost.
 
Not bad but I think a Volvo S40 or Audi 4 lease might be better.

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