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Volkswagen Passat Lease Questions

666 messages,  Last post on Jul 03, 2008 at 11:19 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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#504 of 666
2008 Passat Lux Sedan Lease Question by jake555
Feb 05, 2008 (11:00 pm)
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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!
#505 of 666
current VW lease incentives by scottinky
Feb 12, 2008 (12:19 pm)
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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.
#506 of 666
08' Passat Komfort by gefd28
Feb 20, 2008 (9:49 am)
Reply
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
#507 of 666
MY lease for VW 2008 passat Komfort by review1000
Feb 27, 2008 (7:45 am)
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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.
#508 of 666
Sign and Drive by search4car
Feb 29, 2008 (8:23 pm)
Reply

Replying to: review1000 (Feb 27, 2008 7:45 am)

Just saw an online add (in fact there's one on this page) that they are evidently extending the "sign and drive" event. It will be interesting to see if the lease rates are the same. Now set to expire March 31st, 2008.
#509 of 666
Re: MY lease for VW 2008 passat Komfort [review1000] by ny_wp
Mar 01, 2008 (1:41 pm)
Reply

Replying to: review1000 (Feb 27, 2008 7:45 am)

I just got way high quotes compared to that. How many miles per year?
and where is the dealer??? i'm in NY
#510 of 666
Re: MY lease for VW 2008 passat Komfort [ny_wp] by review1000
Mar 01, 2008 (8:45 pm)
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Replying to: ny_wp (Mar 01, 2008 1:41 pm)

I got only 10K miles for the 266.00 that is all I need it is a second car, but for 12K I got priced at 286.00
#511 of 666
Re: MY lease for VW 2008 passat Komfort [review1000] by ny_wp
Mar 02, 2008 (5:33 am)
Reply

Replying to: review1000 (Mar 01, 2008 8:45 pm)

compared to mine thats an excellent deal, I got a quote of 36moX382 for 12k with 1300 total down & msrp of 26990 of komfort trim with heated seats
 
so how did you negotiate? I think my dealer has excess inventory so i'm in good position.
 
thanks
#512 of 666
Re: MY lease for VW 2008 passat Komfort [ny_wp] by greatcars
Mar 03, 2008 (8:10 am)
Reply

Replying to: ny_wp (Mar 02, 2008 5:33 am)

I had never leased a car. When buying a car we can negotiate the purchase price. But for lease, can you also negotiate the base price of the car on which the lease payment is calculated? And the otehr terms like milges/ per year, APR and down payment? For lease it's probably more tricky because when the purchase price is not good you can simply walk away and go to see another dealer or brand.
#513 of 666
Re: MY lease for VW 2008 passat Komfort [greatcars] by review1000
Mar 04, 2008 (9:56 am)
Reply

Replying to: greatcars (Mar 03, 2008 8:10 am)

ok here it is, I had 4 dealers I was working with, first to see right off who would give me the best price, also i mentioned i did research on Edmunds and know what they are selling for. I also did NOT state i was leasing at first but then later told them, but not much for prices changed. I started at one dealer he said price was for 428. month 0 down and 12K. I snickered, and said thank you and bye.
so now I had 3 others to go with. one my wife just hated the sales man he was low but very arrogant, I have lowest prices and now one can beat me. then said are you gonna buy this car or not, so later I said, "NOT"
now we have 2 dealers, one my wife really liked the salespersonlady, oh how she seemed so caring for our needs, I told my wife dont be suckered inn she is still a sales person. while my wife was working with her i had a side deal with the last dealer, who right off the bat gave me a great deal no negotiating.
My wife said that the person made her lowest offer and the next day i said to her how about goinh ten dollars cheaper on the monthly payments and go into holdback to make it happen she said the typical ill get back to you, and guess what she went 10 less, I said to my wife if she already said it was lowest she could go then why and how did I get ten dollars cheaper??? So the other dealer was already 15 less than her and I said we will go with you if you also throw in rubber mats for winter and rain FOR FREE!!! no added price since i asked him for all the numbers and he gave them all to me before i asked for free mats.
So here is the deal i worked out.
I got a 2008 KOMFORT Passat (NOT A BASE MODEL) fully loaded of MSRP 28,854. dealer invoice 24,612. purchase price of car for me 23,012. and what ever he did the payments are 266.00 with 10K per year, (that is all we need ) we have a second car. the only thing I am sure they got me on was a doc fee for 299.00 was prebuuit in the lease contract. I am sure and know they made out also but as long as my payments are where i want them I am happy, and my wife is also, Now we are going from a 2004 leased Audi a4 with buyout of 15,897, to just returnung that to the dealer and going into this VW. it is bigger, smoother ride and fun to drive also. alot more leg room in rear.
 
email me if you need a one on one with questions, review1000yahoo.com

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