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Volkswagen Passat Lease Questions

706 messages,  Last post on Nov 21, 2008 at 3:17 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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#37 of 706
NJ Lease Cash by fsufan
Oct 29, 2005 (11:17 am)
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Car-Man, I went to a dealer in NJ today who told me that there is a special regional program in the state to help dealers move 2.0T Passats. He stated it was $750 customer cash on leases and that there were only 12 dealers in NJ that were participating in this program.
 
However, the money factor he quoted was .001520 and the residual was 57% for a 36 month 15,000 mile per year lease. My question is would there be a different money factor under this program or is he just marking it up. Is the customer lease cash back really $750 or is it more. And is there a way to find out who the other dealers are that are participating in this program. He also said it was ending this Monday. Is there any way to know whether it will continue into next month. Thanks for any info you can provide.
#38 of 706
2006 Passat (B6) Lease Rates? by danpa
Oct 29, 2005 (8:57 pm)
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Hi, Can someone post the current (till end of Oct., I think) lease rates for the 2006 Passat? Or point me to where I can find them?
 
Thanks,
Dan
#39 of 706
Re: 2006 Passat (B6) Lease Rates? [danpa] by kyfdx HOST
Oct 30, 2005 (3:26 am)
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Replying to: danpa (Oct 29, 2005 8:57 pm)

Check message #32 in this forum..
 
Message #32
 
regards,
kyfdx
Host-Prices Paid Forums
#40 of 706
Re: 2006 Passat (B6) Lease Rates? [kyfdx] by danpa
Oct 30, 2005 (8:24 am)
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Replying to: kyfdx (Oct 30, 2005 3:26 am)

Thanks very much. I should have been clearer in my message.
 
 I'm looking for lease rates for 10,000 miles (or 8,000--is that an option?) per year for 36 months. I'm also considering 24 months, or 48 months. This info was not in msg. 32.
 
Also, do you (or anyone else) these rates change much month to month? Is it better to strke a deal now, when the sales force is attempting to move vehicles before end of month or to wait until Tuesday when the money factor might change for the better?
 
Thanks,
Dan
#41 of 706
Money Factor and Residual? by bbooze
Oct 30, 2005 (5:02 pm)
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Car_Man,
I am going to be shopping for a 2006 Passat soon and want to know what sort of money factor and residual value I should be looking for. I ran a 2006 2.0T with Package #2 and cold weather package on edmunds and came up with a TMV of $28,263 and MSRP of $28,919. I am looking for a 36-month lease. Before I go in, can you tell me what money factor and residual I should be looking for. I have decent credit. Also, is that TMV what I should be looking for as a final negotiating price (realistically).
#42 of 706
Passat 3.2 by tlabrie
Nov 01, 2005 (8:36 pm)
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car_man,
 
Do you have the money factor and residuals for the 6cyl FWD Passat? 24 and 36 mths for 15k/yr. Thanks.
#43 of 706
Re: Passat 3.2 [tlabrie] by danpa
Nov 01, 2005 (10:31 pm)
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Replying to: tlabrie (Nov 01, 2005 8:36 pm)

the lease numbers for Nov. would be great if anyone has them.
#44 of 706
Nov. Lease Money Factor Increase by danpa
Nov 02, 2005 (10:20 pm)
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A sales manager at a local dealership told me this evening that the Money Factor has increased for 12-36 month leases (good credit) from 0.00137 (3.288%) TO 0.00184 (4.416%).
 
Can anyone confirm this, or add further info, such as more details on lease options or genuine November incentives?
 
I was quoted by phone the Money Factor on 1 Nov. of 0.00137 and am now being told that there is no negotiation, with respect to the new MF--they use whatever VW Credit provides.
 
It's a significant hike and adds $20/month to a 36 month lease ($720)!
#45 of 706
Is this a good deal?? by phoebeart
Nov 03, 2005 (7:35 am)
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I just was quoted the following lease price on an 06 passat 2.0T (package #2):
$350/mo. for 36 months, 12K miles per year with $2,100 down (includes all.) Selling price on the car is $27,197. Does this sound like a good deal??
   
Appreciate your thoughts.
   
Phoebe
#46 of 706
Re: Nov. Lease Money Factor Increase [danpa] by danpa
Nov 03, 2005 (11:08 am)
Reply

Replying to: danpa (Nov 02, 2005 10:20 pm)

current lease numbers (Nov.) are here:
 
http://forums.vwvortex.com/zerofile/2184/PassatLeaseNov.jpg

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