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Volkswagen Passat Lease Questions

685 messages,  Last post on Sep 01, 2008 at 3:32 PM

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What is this discussion about? Volkswagen Passat, Car Leasing, Sedan, Wagon

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#359 of 685 Re: 2007 Passat Money Factor [vdubtx] by wvbob Apr 05, 2007 (7:42 am)
Replying to: vdubtx (Apr 03, 2007 12:55 pm) What the dealer gave me was $1500 VW loyalty and $750 cash incentitive for the Passat. All ad's I've seen indicate $1500 was for existing Passat owners, Dealers says for any VW owner. I also have an 07 Jetta.
#360 of 685 Bottom of Deal by wvbob Apr 05, 2007 (8:12 am)
Here are the Details '07 Passat Wolfsburg w/ splash guards, rubber mats and trunk guard $27,899 including delivery. Gross Cap Cost $28586.72 Cap reduction $4295.18 Adjusted Cap $24291.54 Residual Value $13386.72 Depreciation $10904.82 Rent Charge $2803.02 Total Base Pmt $13707.84 Term 48 mo Base Pay $285.58 Tax $14.28 Total Monthly $299.86   Above includes $1000 out of pocket total. Shows Net Trade allowance as $2300.00 Amount paid in Cash: self $1000, VW $1500.00   Trade '05 Cobalt Payoff $12243.00   Dealer... Star Motors Clarksburg, WV
#361 of 685 looking for passat april lease info. by dizzy007 Apr 11, 2007 (6:44 am)
Carman,   Looking for 15,000 / year, 36 month, M.F. and residual on: Passat 3.6 4motion Passat 3.6 wagon 4motion   Do these change May 1st or some other date?   Thanks, Replies to this message: Car_man (Apr 27, 2007 2:48 am)
#362 of 685 2007 passat by bowalker1 Apr 16, 2007 (7:23 pm)
Hello.   I'm interested in a 2007 Passat 2.0t auto. with luxury package 2.   I received a price of 331 usd a month and a total down of 2000 usd, includes all fess and taxes OTD. 48 month lease, 10000 miles a year.   A few questions how is the price?   What is the residual value and MF for a 48 month, 10,000 miles a year lease?   Also is there a 3000 dollar incentive for the dealer on this car, like I read in the buyers forum, and can it be used for a lease?   Thanks Replies to this message: Car_man (Apr 27, 2007 2:55 am) marc0912 (Apr 29, 2007 8:52 pm) Car_man (May 23, 2007 3:09 am)
#363 of 685 Re: 2007 passat 3.6 4 motion lease question [hellison63] by Car_man HOST Apr 27, 2007 (2:24 am)
Replying to: hellison63 (Mar 26, 2007 8:21 pm) Hi hellison63. The first thing that I noticed about this deal is the huge down payment that you are considering making. It definitely is not a good idea to put so much money down on a lease. Consumers who make large capitalized cost reductions on leased vehicles risk losing them if their car or truck is totaled in an accident or stolen and never recovered. You would be better off keeping this $6,000 in the bank earning interest and using it to supplement your monthly payment or to make a number of your payments.   You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.   Car_man Host Prices Paid Forum
#364 of 685 Re: 2007 Passat 2.0 Lease Offer Evaluation [elipequedo] by Car_man HOST Apr 27, 2007 (2:27 am)
Replying to: elipequedo (Mar 29, 2007 9:53 am) Hi elipequedo. You are being smart by not using all of the proceeds from your trade as a down payment on your new lease. When you say that you are applying $1,500 of it towards your new lease, I assume that you are using that money to cover your car's first month's payment, security deposit, and acquisition fee. This is fine. It just isn't a good idea to make a large capitalized cost reduction when leasing.   You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be glad to give you my opinion of this deal if you let me know what these numbers are.   Car_man Host Prices Paid Forum
#365 of 685 Re: Wolfsburg Passat 2.0T vs Jetta 2.0T [crokerd] by Car_man HOST Apr 27, 2007 (2:33 am)
Replying to: crokerd (Mar 31, 2007 9:37 pm) Greetings crokerd. Both the Jetta and the Passat are very nice cars. I see that you have already been quoted prices on the cars that you are considering. You were very smart to find out the selling prices of vehicles before signing a lease contract on one of them. If you tell me what these cars' MSRPs are I would be happy to give you my opinion on the selling prices that you were quoted and let you know what I think of these leases. When negotiating these cars' selling prices, keep in mind that Volkswagen is currently providing a $750 cash incentive on leases of the 2007 Jetta 2.0T. There is lease cash on the Passat 2.0T as well, but it is not available on the Wolfsburg model.   Car_man Host Prices Paid Forum
#366 of 685 Re: 2007 Passat Money Factor [vdubtx] by Car_man HOST Apr 27, 2007 (2:37 am)
Replying to: vdubtx (Apr 03, 2007 12:55 pm) Hi vdubtx. VW's lease program for these cars is a little better this month. Here's the information that you're looking for. Volkswagen Credit's April 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 .00035 and 51%, respectively. The numbers for an otherwise identical lease of a 2007 Passat 3.6 Sedan are .00024 and 47%, respectively.   Volkswagen is still providing a $750 cash incentive on leases of the Passat 2.0T Sedan through VW Credit. VW is also still providing a $1,500 owner loyalty cash incentive on all Passats to current owners of Passats and Touaregs. Make sure to take these c ash incentives into account when negotiating the capitalized cost for your lease.   Car_man Host Prices Paid Forum
#367 of 685 Re: looking for passat april lease info. [dizzy007] by Car_man HOST Apr 27, 2007 (2:48 am)
Replying to: dizzy007 (Apr 11, 2007 6:44 am) Here's the info that you're looking for, dizzy007. Through April 30th, Volkswagen Credit's current rate lease money factor and residual value for a 36 month lease of a 2007 Passat 3.6L Sedan with 4Motion and 15,000 miles per year are .00024 and 48%, respectively. The numbers for an otherwise identical lease of an '07 Passat 3.6 Wagon with 4Motion are .00041 and 46%.   Car_man Host Prices Paid Forum
#368 of 685 Re: 2007 passat [bowalker1] by Car_man HOST Apr 27, 2007 (2:55 am)
Replying to: bowalker1 (Apr 16, 2007 7:23 pm) Hello bowalker1. Through April 30th, Volkswagen Credit's buy rate lease money factor and residual value for a 48 month lease of a 2007 Passat 2.0T Sedan with 10,000 miles per year are .00098 and 47%, respectively.   If I was in the market for this car right now, I personally would lease it for 36 months instead of for 48. Not only is VW Credit's 36 month money factor more attractive than its 48 month factor, but 4 years is a long time for someone who normally leases to be committed to one vehicle. VW Credit's current 36 month, 10k numbers for this car are .00035 and 54%.   I would be happy to give you my opinion of this deal, but in order for me to do so it would be a big help if you would provide me with this car's MSRP and selling price first. These numbers will show me how much of a discount you are being given and they will enable me to use VW Credit's current lease program estimate what your monthly payment should be.   Unfortunately the dealer cash that Volkswagen is currently providing on the 2007 Passat is not compatible with its special lease program.   Car_man Host Prices Paid Forum Replies to this message: marc0912 (Apr 29, 2007 8:52 pm) Car_man (May 23, 2007 3:09 am)

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