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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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#296 of 752
Re: Is this a good deal ???? [coolanzz] by coolanzz
Sep 11, 2006 (1:23 pm)
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Replying to: coolanzz (Sep 11, 2006 10:46 am)

Dear Car_man,
I guess this makes a complete info to my earlier message , GRS CAP COST : $28715.34, CAP REDUCTION: $813.00, NET CAP COST: $27902.34, ADJ Residual: $16302.15.
 
This message is a continuation of message below:
 
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.
#298 of 752
Is this lease a good deal? by barna
Sep 16, 2006 (12:04 pm)
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Hello Car Man,
 
We are in about to lease a VW Passat 2006 2.0 T Package #1. Do you think this deal is OK?
 
MSRP 27.415
Acqui. Fee 575.00
Int CAP 26.025
Residual (%) 14.804 (54%)
Money Factor 0.00099
Registration fee: 150.00
Insp fee: 10.00
Doc. fee: 45.00
Term in months: 36
Annual Mileage 10,000
Monthly payment 352.11
Money due at start: 2,206.22 (includes tax, 1st month, reg fee, inspe. fee and documents fee)
disposal fee: 350.00
 
We also hear that if we wait until October we will get better leasing deals. Is that true?? Much Thanks,
 
Elyse
#299 of 752
2007 Passat Sedans by cheep
Sep 19, 2006 (9:30 am)
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Car man, do you have the residual and money factor on 2007 Passat Sedans? I'm looking for 15k miles/yr on a 2.0T. Thanks.
#300 of 752
2006 Passat 3.6 vs Acura TL vs Infiniti G35 by eseir
Sep 21, 2006 (3:56 pm)
Reply
Looking to purchase one of these. All three are offering great Deals. I can get a 3.6 with Pack 1 for 27K plus Tax, Tille, and fees. Both the the TL and the G35 for about $3000 more plus the fees. Both the Passat and the TL seem much more upscale on the inside than the G35. Both the TL and the G35 are entry levels luxury vehicles and the dealer experience will be the same. Both are Japanese and perhaps more reliable over the long run even though all three offer similar warranties. THe Passat reminds me a lot of my current 03 Audi A6, which is a good thing. A nice driving and powerful machine and the price seems good for such a nice vehicle. But the Passat might suffer in resale value so eventually I might get more for the Jap brands. Dont' Know. Oh Decisions decisions and more dicisions. ANyone out there with a 3.6 passat willing to share their experiences?
#301 of 752
Passat Lease Turn-in Experience by bronsonb
Sep 29, 2006 (4:07 pm)
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I am getting close to the end of my 48 month lease on my 2003 Passat Wagon (GLS - 1.8 T), and so far the experience has been pretty good. I had the pre-termination inspection done Monday and was pleasantly surprised that the only items the company wants to charge me for are a plugged windshield (bullseye repaired) and one alloy wheel with really bad fender rash (trying to get close enough to the card reader at my parking deck and got too close).
 
They identified lots of dents and dings (more than I think are truly there...and I looked closely), but all are marked as "No charge." I had expected two dings on the hood to get me, but she marked those no charge as well.
 
The two items they want to charge me for are both covered by the excess wear and tear policy that is included in my lease (which VW tried to charge me for, but when I walked out, they offered to toss it in at the same price).
 
Anyway, I had heard horror stories of people being forced to take their car to the dealer for service and stuff like that before they could get clearance to turn the car in. I had all of my records ready to as I do my own oil changes, air filters, and the like and never take my car to VW as they are too pricey and take far too long (the price doesn't get me as much as "all day" for an oil change).
 
Anyway, had all of that documentation ready to go to prove I'd done the factory maintenance, and the lady only asked the mileage and date for my last service.
 
I am well under my allotted miles and have scheduled the turn in date as well. So at this moment, it looks like this should be relatively painless. I have, of course, opted not to buy the car as we've really outgrown it and are moving into SUV territory...and the overpriced Toureg just doesn't cut it for me.
 
We'll still have my wife's 1999 Passat GLS V6 - 109K miles and still going strong!
 
Take care all!
#302 of 752
Re: Is this lease a good deal? [barna] by Car_man HOST
Oct 01, 2006 (7:24 am)
Reply

Replying to: barna (Sep 16, 2006 12:04 pm)

Hello Elyse. I believe that the car that you described has a spread of just over $2,000 between its full MSRP and dealer invoice price. You were quoted a discount of $1,390 on this car, which is probably right around $600 over invoice. This is a reasonable price for a lease of this car. The money factor that you were quoted for this car is right in line with VW Credit's lease program for it, so this aspect of your deal is good as well. Both of the main profit centers on leases, the money factor and selling price, look good to me. If you like this car, I personally do not see any reason not to pull the trigger on this deal. Volkswagen's September lease program for this model is scheduled to run through October 2nd. It is difficult to say what its new October lease program for this car will be like. If you check back with me late this week I would be happy to tell you want this car's new lease program is.
 
Car_man
Host
Prices Paid Forum
#303 of 752
Re: 2007 Passat Sedans [cheep] by Car_man HOST
Oct 01, 2006 (7:27 am)
Reply

Replying to: cheep (Sep 19, 2006 9:30 am)

Here's the information that you are looking for cheep. You never mentioned how long you want to lease this car for, so for now I will assume that you are interested in a 36 month lease. Through October 2nd, Volkswagen Credit's buy rate lease money factor and residual value for a 36 month lease of a 2007 Passat 2.0T Sedan with 15,000 miles per year are .00191 and 55%, respectively.
 
Car_man
Host
Prices Paid Forum
#304 of 752
Re: 2006 Passat 3.6 vs Acura TL vs Infiniti G35 [eseir] by Car_man HOST
Oct 01, 2006 (7:32 am)
Reply

Replying to: eseir (Sep 21, 2006 3:56 pm)

Welcome eseir. This particular discussion is for community members to discuss leasing the Volkswagen Passat. You will have better luck getting owners' opinions of the Passat 3.6 if you visit the following discussion: "Volkswagen Passat 2006+". If you have any specific questions about leasing this car I would be happy to answer them here for you.
 
Car_man
Host
Prices Paid Forum
#305 of 752
Re: Is this lease a good deal? [Car_man] by barna
Oct 02, 2006 (7:14 am)
Reply

Replying to: Car_man (Oct 01, 2006 7:24 am)

thank you car man. i will check back later this week.

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