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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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#241 of 752
Re: 2.0T Lease Question [lankers] by zerodown
Jul 06, 2006 (5:04 am)
Reply

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 752
Lease Details by mikemookie
Jul 06, 2006 (11:20 am)
Reply
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 752
what do you think car_man? by mikemookie
Jul 07, 2006 (6:09 am)
Reply
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 752
2006 Passat 2.0T auto by chmcmm
Jul 07, 2006 (9:03 am)
Reply

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.
#245 of 752
Re: 2006 Passat 2.0T auto [chmcmm] by bat60
Jul 10, 2006 (8:11 am)
Reply

Replying to: chmcmm (Jul 07, 2006 9:03 am)

Carman, Thanks for all your input.. Just recived 2 quotes from our local (RI) dealer this morning on no money down 42MO. 12k a year lease. 3.6 loaded, selling price-32,216 -501 . plus 598 reg.& fees ... 2.0T loaded, selling price- 28,523 -413.36 plus 510 reg.& fees. I have time, So I'm just waiting for the right deal
#246 of 752
Another 2.0 Passat Wagon quote by mikemookie
Jul 10, 2006 (12:35 pm)
Reply
Hey Car Man,
Just got a new quote from a dealer on Long Island today to compare to my other quote above in Post #243 that I received from a dealer in CT.
 
'07 2.0 Passat Wagon, Pkg 2, 36 mo/10k
MSRP - 29,630
Selling - 29,388
Residual - 58%
Lease Factor - .00113
36 mo - 363/mo
Down Payment - 2,490
 
Unlike the CT quote, I'll have to pay the 8.625% NY tax in full upfront rather than the 6% CT tax being baked into the monthly payments.
 
Couple questions for you (aside from assessing the value of these 2 quotes):
1. How do you recommend I go about using these quotes to negotiate down the higher dealer? Is it as simple as sharing the numbers and asking if he can do better than the other guy?
2. A friend of mine is a member of the "VW Alpha Drivers" club and has a $500 Passat lease mail-in rebate that he says is transferable that he is going to give me. Have you heard of these and know how they work?
 
Thanks!
MM
#247 of 752
VW Quote by bat60
Jul 12, 2006 (4:11 am)
Reply
Mike, Are they not discounting the wagon ??? The MSRP on the 2.0 sedan we were quoted on loaded was 31,733 and selling price is 28,523..
#248 of 752
Re: VW Quote [bat60] by mikemookie
Jul 12, 2006 (7:21 am)
Reply

Replying to: bat60 (Jul 12, 2006 4:11 am)

my bad, the selling on the wagon is actually 28,388 NOT 29,388.
 
Where is the Car Man. Really want to sign a lease this week. He hasn't posted in like 6 days.
#249 of 752
Re: VW Quote [mikemookie] by bat60
Jul 15, 2006 (9:48 am)
Reply

Replying to: mikemookie (Jul 12, 2006 7:21 am)

OK, On the Edmonds Prices Payed and Buying Forum, A guy just bought a loaded 3.6 - 7,499 off sticker for 26K. He said the dealers are discounting the 06's as much as 4K on the 3.6 and 2K on 2.0T. the rest of the discount was negotiated. Great deal, So I called my dealer and they will not give you the discount if your leasing only buying outright.. Why??? Also the money factor that I quoted above was .00147 not the .00099 you all are getting.. So I'm calling him back on that one.
#250 of 752
Re: VW Quote [bat60] by bat60
Jul 16, 2006 (3:25 am)
Reply

Replying to: bat60 (Jul 15, 2006 9:48 am)

The money factor for a 2.0T is .00099 not on the 3.6.. The 3.6. I was quoted .00147 is this correct. In June is was lower -.00111. I'm not trusting this new guy runing the ship. The guy before him was a stright shooter.. Thanks

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