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Volkswagen Passat Lease Questions

760 messages,  Last post on Mar 12, 2010 at 3:42 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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#315 of 760
Re: New to the World of Leasing [ihoney] by Car_man HOST
Oct 24, 2006 (1:36 am)
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Replying to: ihoney (Oct 12, 2006 2:57 am)

Welcome ihoney. 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 selling prices of leased vehicles are negotiable. The statement that you posted, "Requires dealer contribution of $1,088.66, which could affect final negotiated transaction," means that you have to be given a discount of $1,088.66 on this car in order to arrive at its advertised lease paymnet. This car actually has a spread of around $1,800 between its full MSRP and dealer invoice price. This late in the model year, you probably can negotiate a larger discount than the one that was used to arrive at this advertised payment. The larger the discount you negotiate is, the lower this car's payment will be.
 
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#316 of 760
incentive money for a lease? by xriderbc
Oct 24, 2006 (12:10 pm)
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Hello Car_man- new to this forum. I am looking to lease an 06' Passat , and see from an above post that a money factor of .00099 is available. The question I have is concerning negotiating the best price (of course). Assuming about $1800 from MSRP to invoice, at this point in the year can I also try to negotiate some of the holdback (I read somewhere this is about 3%- is that 3% off of invoice, not MSRP, correct?) which would mean another $700 or so, so an agressive discount would be $2300- $2500 roughly? Does incentive money (which last month was $2500 on a 2.0T, $3500 on a 3.6 V6, and I assume is present this month as well) apply on a lease the same as a financed purchase? I have seen people on other forums say they got as much as $7700 off MSRP on a 3.6, so am I assuming correctly that is below invoice + the $3500 factory incentive off? I want to lease a 2.0T, $2000+ off of MSRP to invoice, and can I push for the $2500 incentive as well on a lease, or am I nuts here? Thanks for your help!
#318 of 760
Re: bump [xriderbc] by sammya_md
Oct 31, 2006 (2:38 pm)
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i'm not sure exactly about your question, but I just bought a 2007 2.0T passat (manual) transmission for around 750 under invoice (estimating since I worked on an OTD price, i am taking taxes and fees out rougly)...so just saying there are good deals out there to be had even on the 2007 models
 
good luck
#319 of 760
VW 2007 Passat vs Jetta (GLI) by tribalvinyl
Nov 09, 2006 (1:29 pm)
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Does anyone know what is the current rate (MF: November) offered by VW Credit on a 2007 Passat (2.0T) and 2007 Jetta (GLI) not the value edition? Also what are the residial values if I would lease the car for 36 months (12,000 miles). I would appreciate any feedback.
Thanks
#320 of 760
Changing a Lease by chicago3
Nov 15, 2006 (6:46 am)
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I am 12 months into a 36 month lease on a Passat. I recently visted a dealer looking for another car for my wife, and saw another Passat that I liked. Mine is a 2.0 with #2 package, this one was a fully loaded V6.
 
Is it possible to trade-up to th enew one in the middle of the lease, or would it be a bad idea financially.
 
The new one is only about $2K more than I originally paid for mine.
 
Any advice/tips before I speak with dealer?
#321 of 760
Re: incentive money for a lease? [xriderbc] by Car_man HOST
Nov 21, 2006 (9:22 am)
Reply

Replying to: xriderbc (Oct 24, 2006 12:10 pm)

Welcome xriderbc. My guess is that you will be able to negotiate a selling price on a leftover 2006 Passat lease that is fairly close to dealer invoice (slightly above or slightly below). If you were to purchase this car, you would be able to get it for well below dealer invoice by taking advantage of the dealer cash that is currently available on it. Specifically, VW is providing $2,500 on '06 Passat 2.0T and $3,500 on Passat 3.6 models. This dealer cash is not compatible with its special lease program though. Make sure to stop by the following discussion for more information on how much you should pay for this car right now: "Volkswagen Passat: Prices Paid & Buying Experience".
 
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#322 of 760
Re: VW 2007 Passat vs Jetta (GLI) [tribalvinyl] by Car_man HOST
Nov 21, 2006 (9:25 am)
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Replying to: tribalvinyl (Nov 09, 2006 1:29 pm)

Here's the information that you're looking for, tribalvinyl. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Passat 2.0T Sedan with 12,000 miles per year are .00222 and 56%, respectively. The numbers for an otherwise identical lease of a 2007 Jetta GLI are .00178 and 57%.
 
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Prices Paid Forum
#323 of 760
Re: Changing a Lease [chicago3] by Car_man HOST
Nov 21, 2006 (9:27 am)
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Replying to: chicago3 (Nov 15, 2006 6:46 am)

Hi chicago3. I am sorry to say that it is not possible to switch your current leased Passat for a different model. The only way to do this would be to get out of your current lease early, which will likely be very expensive to do. You will have to wait until you are much closer to the scheduled end of your current lease to get a new vehicle, unless you want to waste a lot of money. Sorry that I don't have better news for you.
 
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Prices Paid Forum
#324 of 760
Hello Car_Man by mamey1
Nov 25, 2006 (2:44 pm)
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I am considering a lease offer. Please tell me if this is a fair deal:
 
2.0T Passat Wagon w/Sport Package
MSRP 32,605
Sell 30,740
$354-39months
w/$3,500 down. 12k miles per yr
Any information will be appreciated.
Thank you

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