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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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#267 of 752
Re: Should I Take This Deal? [tc9897] by Car_man HOST
Jul 23, 2006 (3:03 pm)
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Replying to: tc9897 (Jul 19, 2006 12:47 pm)

Greetings Terri. The best way to tell if a lease is a good deal is to look at the vehicle's selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Negotiate a low a selling price as possible on the Passat that you want and then have the dealer calculate its lease payment using VW Credit's current buy rate lease money factor. For this car, the 2006 Passat Sedan Value Edition, VW Credit's 36 month buy rate is .00094. Its 39 month buy rate for this car is .00137.
 
Car_man
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#268 of 752
Re: Lease Details [bat60] by Car_man HOST
Jul 23, 2006 (3:28 pm)
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Replying to: bat60 (Jul 21, 2006 4:04 am)

You're very welcome, Mitch. Thank you for the kind words. This car's lease program varies depending upon how long you lease it for and how many miles per year you are allowed to drive it. for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. If you were to lease a 2006 Volkswagen Passat 3.6 4-Motion 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 .00105 and 50%, respectively. The money factor for an otherwise identical lease of an '06 Passat 3.6 Front Wheel Drive Sedan is the same, but the residual value is 49%.
 
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#269 of 752
Re: VW Passat Wgn 2.0T Lease MF and Residuals [amx] by Car_man HOST
Jul 23, 2006 (3:33 pm)
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Replying to: amx (Jul 23, 2006 8:15 am)

You're welcome, amx. Congratulations on your new car!
 
Car_man
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#270 of 752
Re: Driver Option same #s as Lease? [Car_man] by charlos
Jul 24, 2006 (1:50 pm)
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Replying to: Car_man (Jul 23, 2006 10:11 am)

Wow! Is this common practice for a car manufacturer? This tells me that they have no confidence in their own cars. In other words, it seems to me they are concerned about the risk involved in too many people returning cars at lease end, i.e, they would rather that you own it outright.
 
I really like this car, but am starting to think about going the Japanese route again. Too concerned about the horror stories of people waiting weeks for diagnoses/parts. Guess I'll wait for the JD Power/Consumer Reports verdicts.
#271 of 752
Re: Driver Option same #s as Lease? [ckwehe] by larmen
Jul 25, 2006 (4:10 pm)
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Replying to: ckwehe (Jul 16, 2006 5:47 pm)

according to cars.com VW is offering 2000-3500 to dealers on Passats. let it be known that you know this fact. if the dealer continues to hardball you then just get up and walk out. let them know that they want to sell you a car more than you want to buy one from them. I've done this several times over the decades of car buying; it works every time. good luck!
#272 of 752
Re: VW Quote [Car_man] by jdtaylor23
Jul 25, 2006 (6:45 pm)
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Replying to: Car_man (Jul 23, 2006 10:04 am)

Car Man,
Thanks for all the responses. While I made the move on the better of the 2 deals before I had chance to read your post, this does make me feel a lot better about going with this dealer. He was a "friend of a friend", so I'm glad he at least gave me a competitive offer. And from all the dealerships I spoke with, he was best in the NYC market.
Thanks again for all your help in not only my first "new" car, but my first VW.
MikeMookie
#273 of 752
Buying before end of month or wait until next week? by autobuyercalif
Jul 29, 2006 (6:19 am)
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I am new to this Forum. Got what seems like a reasonably good internet/dealer quote on leasing a new Passat Wagon 07 - money factor 0.0013, 36 months, 12000 miles/year, price about $500 above invoice, residual value 57%, no down other than usual tax, etc - amounts to $350/month incl. CA tax.
I realise the month is over on Monday - should I use this to push for an even better deal (how? they say this is the best they can do) or do you think money factors could improve for August so I should wait? Thanks a lot for any help.
#274 of 752
Re: VW Quote [Car_man] by bat60
Jul 30, 2006 (11:08 am)
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Replying to: Car_man (Jul 23, 2006 10:06 am)

Car-man thanks, Now if I were to buy it using VW's financing 4.9 would the discounts apply. The reason I would like to buy now is VW is willing to take the last 6 payments (I have 4 left) if I buy or lease through VW financing. If not I just wait. Never know there might be a 06 high end 3.6 hanging around in 4 mo.. Thanks Mitch
#275 of 752
Leased 2006 VW Passat 2.0 T by vballny23
Aug 05, 2006 (2:39 pm)
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I just finished the ppwork on the 2006 VW Passat 2.0 T lease. Options were Package #2 and auto.
 
36 mo. and 12K miles/yr
 
$415 mo.
 
That includes all NY state taxes, bank fees, etc. Security Deposit waived. Only paying 1st month and DMV fees when picking up car.
 
Residual was only 53% for the 36 mo. and 12K/yr lease, but it was slightly below invoice.
#276 of 752
Re: VW Quote [bat60] by rong
Aug 05, 2006 (2:54 pm)
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Replying to: bat60 (Jul 30, 2006 11:08 am)

Hi,
I got an excellent lease deal in April when the Passat 2004 Wagon has just arrived the market. I leased the 2007 2.0T with Pack Lux 2 Auto 36 months, navigation system, 17" wheels, rubber mats pack for $429, with no money down and including all NY taxes and fees. I only paid first months and MVT fees which totaled $750.
 
So far I am very happy and everybody are complementing how nice the car looks (it is Blue Graphite). I heard some realibility issues, but all i can say it is much more realible than my 2003 Saab Arc which I had to take to the dealership 7-9 times the first year I drove it

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