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Prices Paid: Buying & Leasing Experiences Volkswagen Passat Lease Questions
674 messages, Last post on Jul 21, 2008 at 12:27 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: fleased (Dec 10, 2007 12:06 pm)
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Hi Car man I have a 2004 Passat that is over miles and would like to look at terminating the lease early. Do you know if Volkswagen is running an early lease termination programs that could get me into a 08 or 07 with nothing out of pocket? I appreciate your help. thanks
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Replying to: bunduz (Dec 14, 2007 3:49 pm) It depends on when your lease is up. VW is currently running their Lease Pull Ahead program. Does your lease end between January 2nd and May 31st 2008? If so, you qualify for this. The best part is that your milage allowance is not prorated, so especially since you are over miles this is a great option. So you get to turn it in early, but you get the full milage. Additionally since you are a current owner of a VW you'll get a $1500 credit. There are additional factory to dealer incentives that you could request be passed on to you. I would suggest calling all the dealers in your area to inquire what additional incentives they may have that they are willing to pass on. In what state are you located?
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Replying to: qbrozen (Dec 10, 2007 1:20 pm)
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Replying to: search4car (Dec 15, 2007 11:26 pm) I am in The KC area. This is my second VW in a row from Baron in Merriam. My lease is up around May 1, 2008. Thanks,
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Replying to: bunduz (Dec 16, 2007 11:28 am) I used to live in KC and went to Baron as well. There is another dealer in Topeka that always beat them on price. very nice too. - http://www.sunflowervw.com If you PM me I'll send you the name of the person to talk to (GM/owner). Also, be sure to maximize the sign and drive promotion. Don't pay ANYTHING out of pocket when you pick it up. Have them roll in everything including tags. Just make sure you understand what's being rolled in so you don't get stuck with fees. Ask for the residual and money factor and figure the lease payment yourself (http://www.leaseguide.com/calc.htm). If it doesn't add up, show them your calculations and ask why? I saved a $1000 doing this. When you're talking price (I always suggest doing this over email and phone) if they mention a monthly payment number, be sure to clarify what it includes. I've noticed a trick is they will say the payment not including tax. This will get your interest, and it may not be until later that you realize theres anothe 30-40 a mo. they somehow just didn't mention. Always ask, is that including tax? They pay your first month, then you pay the second month. As i recently learned, dealerships are very quiet in December and that's why it's the best time of the year to buy a car. As most vw leases are 39 mo. I hope to have a similar situation as yours in 3 years. |
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Replying to: search4car (Dec 15, 2007 11:39 pm) I can't remember the name. |
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Replying to: search4car (Dec 15, 2007 11:39 pm) But, as far as the inspection goes, maybe this is rare, but my contract fineprint actually states how deep the tread needs to be at turn-in. So if my tires don't have that depth, then I will replace them prior to inspection. No point in waiting. Besides, then you'd have to get a 2nd inspection. Would they charge for that? I would think so since you are taking up their time. |
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Hello Carman, I am interested in your feedback, or anyone else for that matter reagrding the following offer: 2008 Passat 4Motion Wagon $39979 is MSRP (includes iPod option + Destination Charge), Invoice is $37,370 $36,647 is offer for 12k miles/ year, 39 month lease: Offer is .00163 MF w/ .47 Residual MF and Residual seem high. How much money am I leaving on the table?
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Replying to: williewy (Dec 20, 2007 2:29 pm) Are they applying any rebates to get it below invoice? |
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