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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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#285 of 752
2007 Passat Sedans by cheep
Sep 01, 2006 (8:45 am)
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Anyone seen '07 Passat Sedans? I'm looking to lease one. The '06 won't allow me to get the package I want (2.0T, 6MT, Dynaudio).
#286 of 752
Re: Driver Option same #s as Lease? [larmen] by Car_man HOST
Sep 10, 2006 (6:26 am)
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Replying to: larmen (Jul 25, 2006 4:10 pm)

Hi larmen. While Volkswagen is providing $2,500 to $3,500 dealer cash on 2006 Passats right now, this dealer cash is not compatible with Volkswagen Credit's special lease program. The only way that one can take advantage of this dealer cash is to pay cash for a Passat or finance one through an independent bank.
 
Car_man
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#287 of 752
Re: VW Quote [jdtaylor23] by Car_man HOST
Sep 10, 2006 (6:29 am)
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Replying to: jdtaylor23 (Jul 25, 2006 6:45 pm)

You're very welcome, MikeMookie. Congratulations on your new car. Enjoy!
 
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#288 of 752
Re: Buying before end of month or wait until next week? [autobuyercalif] by Car_man HOST
Sep 10, 2006 (6:34 am)
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Replying to: autobuyercalif (Jul 29, 2006 6:19 am)

Welcome autobuyercalif. The Passat Wagon's lease program varies by trim level. If you tell me the exact model that you are interested in, i.e. an '07 Passat Wagon 2.0T, a 3.6L 4Motion, etc... I would be happy to tell you what VW Credit;s current lease program is like on it. $500 over invoice is a good selling price for this vehicle.
 
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#289 of 752
Re: VW Quote [bat60] by Car_man HOST
Sep 10, 2006 (6:35 am)
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Replying to: bat60 (Jul 30, 2006 11:08 am)

You're welcome, Mitch. No, Volkswagen's dealer cash on the 2006 Passat is not compatible with its special financing rates either. The only way to take advantage of the dealer cash that is currently available on this model is to pay cash for or finance one through an independent bank.
 
Car_man
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#290 of 752
Re: VW Quote [rong] by Car_man HOST
Sep 10, 2006 (6:36 am)
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Replying to: rong (Aug 05, 2006 2:54 pm)

Congratulations on your new ride, rong. It sounds very nice. Enjoy!
 
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#291 of 752
Re: first time lease advice...? [passat001] by Car_man HOST
Sep 10, 2006 (6:40 am)
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Replying to: passat001 (Aug 06, 2006 6:52 pm)

Hi there passat001. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
The first thing that I notice about the lease that you were quoted is the large down payment that you were asked to make. Consumers are free to lease any vehicle that they want without making any sort of down payment. I always advise community members not to make down payments when leasing because if their leased vehicle is totaled in an accident or stolen and never recovered, the down payment essentially disappears.
 
There's nothing wrong with purchasing a leased vehicle at the end of its term, IF its purchase price is less than it would cost to purchase a similar car on the open market. It's never a good idea to overpay for a vehicle, even if it is one that you were leasing.
 
Car_man
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#292 of 752
Re: Current money factor and residuals? [ocgeezer] by Car_man HOST
Sep 10, 2006 (6:43 am)
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Replying to: ocgeezer (Aug 06, 2006 9:38 pm)

Greetings ocgeezer. Volkswagen is providing lease support on all 2006 Passat models right now. Its exact lease program varies by trim level though. If you were to lease a 2006 Volkswagen Passat 2.0T Sedan (not the Value Edition) through VW Credit right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value would be .00099 and 51%, respectively. The numbers for an otherwise identical 39 month lease of this car should be .00141 and 49%. I have not seen its 42 month lease program recently. If you were to lease this car with only 12,000 miles per year, its residual values would be 2% higher.
 
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#293 of 752
Re: Money Factors and Residuals for 2006 2.0T and 3.6 Passat [mjl22] by Car_man HOST
Sep 10, 2006 (6:45 am)
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Replying to: mjl22 (Aug 10, 2006 1:41 pm)

Hello mjl22. These cars' lease programs vary depending upon how long you lease them for and their mileage allowances. 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. VW Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2006 Passat 2.0T Sedan (not the Value Edition) with 15,000 miles per year are .00099 and 51%, respectively. The numbers for an otherwise identical lease of a 2006 Passat 3.6 Sedan without 4Motion are .00088 and 49%.
 
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#294 of 752
Is this a good deal ???? by coolanzz
Sep 11, 2006 (10:46 am)
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Dear Car_man,
 
Tommorow morning am finalising a lease deal on 2006 Passat 2.0T. Total calculated (MSRP)sticker price of car am leasing is $31,965.00, Its with Premium package, Exterior is Reflex Silver, Interior is black with leather heated seats, navigation, sunroof, Dynaudio etc. well in one word it is a fully loaded equipped car what VW offers. Tommorow morning am signing a lease deal with residual of 0.51, money factor 0.00099, 15k miles per year and for 36 months. Downpayment is $2365 which includes first monthly payment of $365, dmv and all misc. charges except number plate. I am resident of NY state. What do you think about this deal ???? Do you consider this deal good An early reply will be appreciated, and thanks to your discussion board, as I am following it from last 3 weeks such that I can finalise a good car at good price. As its my first car, I learnt more or less everything about car shopping on this site, thanks once again.
P.S. I cannot tell Net Cap cost and calculated costs as after heavy negotiations we nailed down on my monthly payments with $2000 downpayment. I drove the car am leasing, but it had already 80 miles on it, does it make any difference ??? Secondly does a color choice changes price??? I already reserved the car by paying deductible $500. Your opinion will be appreciated.

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