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Prices Paid: Buying & Leasing Experiences Volkswagen Passat Lease Questions
685 messages, Last post on Sep 01, 2008 at 3:32 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Just received a quote today on a '08 Passat Komfort (w/ heated seats) of $26,689. Also, was made aware that $1,500 in trade assistance is available for trading in a Honda. Lease quote as follows: 36 months (12K/YR) $0 down ($550 due at signing) Pmts: $366 + Tax MF: 0.00115 Residual: 50% (MSRP $28,655) Does this look like a good deal? Milwaukee, WI
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Replying to: vw_shpr (Jan 14, 2008 9:25 pm) The money factor that you were quoted for this car is higher than VW Credit's February buy rate for it. VW Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Passat 2.0T Sedan with 12,000 miles per year are .00023 and 50%, respectively. Make sure that the dealer you are working with uses this program to calculate your car's monthly payment. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hello Car_Man and All, I would greatly appreciate your opinion on the quote I received for leasing 2008 Passat 2.0T Lux, 36 months, 15k miles per year. The cash price is $500 below invoice minus $1,500 VW loyalty. According to invoice posted on Edmunds, this would make the final price $26,797. The payment quoted by the dealer is $390/month, $0 down, including 6.5% sales tax on the entire cost of the vehicle. My other question is whether 48-month lease would look more attractive, as I have no information on it. Chicago, IL. Thank you for your help!
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what are any current VW lease incentives? looking at an 08 Komfort wagon with an MSRP of $30.134, and trading a Nissan.
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Hi, I have the following offer: 2008 Komfort with heated seats and IPOD adaptor (that I don't really want) 36 months $392 with only $143 down (plates) 48 months $362 with only $143 down (plates) The money factor for 36 mos. is .00023=.6% and .00083=2% for 48 mos.. The residual for 36 mos. is 50% and 43% for 48 mos.. The Net Cap Cost is $28192. Keep in mind, I am using a $26,300 tax credit which equals an additional $1,775 in savings. This means you actually only pay $83.30 in taxes over the full term. The tax credit has thrown me for a loop… Am I getting a good deal here? Thanks! Chicago |
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I got a quote for the komfort package for 2000 down at 317 a month all included tax title reg, blah, blah. Now I got them down to 287.00 with 2000 down is this a good deal the MSRP was 25,867 she said 500 below dealer invoive with also 1750 incent and rebate. cant get VW loalty. with money factor is 0.00023 with 51% residual. I ddi all math and think it i my dad said dont do it because why can they drop the price so fast. I said it is end of month and they want the car off the lot. Please ANYONE let me know if that is a good deal. BTW the Residual at end is 13,200.
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Replying to: review1000 (Feb 27, 2008 7:45 am) |
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Replying to: review1000 (Feb 27, 2008 7:45 am) and where is the dealer??? i'm in NY
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Replying to: ny_wp (Mar 01, 2008 1:41 pm)
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Replying to: review1000 (Mar 01, 2008 8:45 pm) so how did you negotiate? I think my dealer has excess inventory so i'm in good position. thanks
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