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Volkswagen Passat Lease Questions

751 messages,  Last post on Oct 15, 2009 at 2:08 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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#519 of 751
My Leasing Terms 2008 Komfort Passat by shocktroop214
Mar 07, 2008 (10:50 pm)
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I just leased a Komfort Passat for 36 months/ 12,000 miles
heated seats, rear airbags, window tint
adjusted cap cost 25554
money factor .00023
no sales tax (military family will register in NY where there is a sales tax deferment)
payment is 322.00 per month
1st month's payment was made by VW Credit
this deal was done at Findlay VW in Las Vegas, NV and we were able to negotiate everything over email and drive down and get the car.
Sales person was John Coats.
#520 of 751
Re: This is MY lease for VW 2008 passat Komfort [review1000] by reducedpayment
Mar 15, 2008 (7:58 pm)
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Replying to: review1000 (Mar 01, 2008 7:45 pm)

So i went back and forth, i hate car shopping, it always causes a headache, I never want to hear someone getting a better price than me, i just dont want to be scammed by these car sales people....
 
So my final selling was based on 2 options:
  1) $1900 down (basically to cover fees) and $256 a month for a 36 month lease at 12000 miles a year
 
OR
 
   2) $0 down and $314 a month for a 36 month least at 12000 miles a year
 
I think i am going with the $314 a month.
 
Yes this is for the komfort, with heated seats, i pod connection and i was able to get them to thrown in a cargo tray and the wall weather mats....
 
do you think thats a reasonable price?
 
I hope so because i tried to get another dealership to beat this offer, and i couldnt....
#521 of 751
Re: This is MY lease for VW 2008 passat Komfort [reducedpayment] by kyfdx HOST
Mar 15, 2008 (8:05 pm)
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Replying to: reducedpayment (Mar 15, 2008 7:58 pm)

Sign and drive for $314/mo.?
 
Sounds like a good deal for a Passat..
#522 of 751
Re: This is MY lease for VW 2008 passat Komfort [kyfdx] by reducedpayment
Mar 15, 2008 (8:41 pm)
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Replying to: kyfdx (Mar 15, 2008 8:05 pm)

I was thinking so, i really hate overpaying and being taken advantage of. Let me ask you, is there such a thing as paying the destination charge on a lease? I dont think so because one dealership was trying to put that in and i refused to pay it. So, i went to another dealership and worked out the right deal and it came with the ipod accessory, which i didnt care about, and because of that i was able to get them to throw in the all weather mats and the cargo tray for the truck, which i know i will use....
 
I really wish the Komfort came in manual, it would make the car so much more fun, dont you think?
 
Thanks.
#523 of 751
Re: This is MY lease for VW 2008 passat Komfort [reducedpayment] by kyfdx HOST
Mar 16, 2008 (6:08 am)
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Replying to: reducedpayment (Mar 15, 2008 8:41 pm)

A lot of dealers try to add in additional fees, after you've negotiated a price.. It's just a tactic to get you to pay more for the car..
 
The destination fee is part of the price of the car.. It's on the sticker, and on their invoice... Trying to add it after the price has been negotiated is no different than trying to add an extra $1000 for the sunroof (that's on the sticker and invoice, too, right?).
 
The only legitimate fees are:
 
acquisition fees on leases... these go to the bank.. they can be rolled into the lease payment, though..
 
Government fees: Title, license, tire tax, etc..
 
Most dealers also add some sort of document fee.. ostensibly for doing the paperwork (like they could sell cars without doing the paperwork?). These are mostly BS, also, but I don't squawk much if it's under $100, and nothing else weird is showing up. CA restricts doc fees to $55, Ohio $250, NY $45 (I think)... GA and FL are famous for the $399-$699 doc fee.. Not sure how that got started..
 
Manual tranny would be great... The only way for me to get one anymore, is to buy a car my wife wouldn't drive, anyway...
#524 of 751
Re: This is MY lease for VW 2008 passat Komfort [reducedpayment] by bjss
Mar 16, 2008 (7:08 am)
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Replying to: reducedpayment (Mar 15, 2008 7:58 pm)

Hi reduced payment...I'm going in this week to lease a Passat Komfort. Sounds like you got a great deal. A few questions - assume this is a sedan and not a wagon? Was Gap insurance included in price? What was the Cap cost? Money Factor used? Thx.
#525 of 751
Re: This is MY lease for VW 2008 passat Komfort [bjss] by reducedpayment
Mar 16, 2008 (11:56 am)
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Replying to: bjss (Mar 16, 2008 7:08 am)

Hey there Bjss,
 
Thanks for your message.
 
I think i am getting a great deal because all other dealers would not include any amenities....
 
This is my first lease, so regarding the GAP insurance that is a great question and I will be sure to bring it up when i go to pick up the car.
 
As for the cap cost, i beleive it was around $23000, basically the selling was $28600 (approx) and then VW is having some great rebates, PLUS you negotiate.... I was taken into a private room to discuss the deal as they did not want anyone else to hear the offer i was getting....
 
As for the Money factor, what do you mean? Are you asking whether I would be putting any money down?
 
A few recommendations, sales people can and usually are scum, they will lie through their teeth if they have too, BUT you can do the same. The dealership where I am finally getting my car, the guy is very nice and I told him the other dealership started playing with numbers too much and I didnt like it, so i tried him and I told him the "price the other dealership gave me" which was the price i really wanted to pay, and he accepted and i requested he include the all weather mats and he said sure.
 
I cant wait to pick up the car, the turbo is awesome.
 
My price also did include an owner loyalty, my sister owns a 2003 passat and is registered at the same address as me, SO that offers an additional incentive.
 
Let me know what other questions you have, I would really love to help anyone out if possible. Also, if anyone lives in the NY area, i would not mind helping with the wheeling and dealing.
#526 of 751
Re: This is MY lease for VW 2008 passat Komfort [reducedpayment] by bjss
Mar 16, 2008 (3:01 pm)
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Replying to: reducedpayment (Mar 16, 2008 11:56 am)

Glad to hear you got such a good deal....I'm planning on bringing the same numbers you got to my dealer tomorrow. I currently own another VW (2002 Passat Wagon), love it and would like a new sedan. Looks like owner loyalty rebate is ~2K - is this what you got? Also, I am new to leasing, but I believe the Money Factor is the interest rate you will be paying for the lease (usually described in numbers like .00031, then you have to multiply by 24 to get the 'true APR).
#527 of 751
Re: This is MY lease for VW 2008 passat Komfort [reducedpayment] by jay2001
Mar 16, 2008 (4:59 pm)
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Replying to: reducedpayment (Mar 16, 2008 11:56 am)

reducedpayment
You said "...sales people can and usually are scum, they will lie through their teeth if they have too...".
That's an odd statement coming from someone who in the same sentence admits to cheating and lying to the "nice" salesman. You know what they say about people who live in glass houses, don't you?
Being in sales myself (not auto though) I must conclude that people who use "reducedpayment" as their forum handle are themselves, well, "scum".
#528 of 751
Re: This is MY lease for VW 2008 passat Komfort [jay2001] by reducedpayment
Mar 16, 2008 (5:41 pm)
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Replying to: jay2001 (Mar 16, 2008 4:59 pm)

Dear Jay,
 
Thanks for the compliment..... maybe i can be considered like robin hood? Why put the money in the pocket of the company that makes million, its better in mine, so if it is to my benefit, why not? The salesman can be nice, by being straight and up front, but he always has something in his sleeve, or at least i think with car buying this is the thought process a person needs to have..... otherwise a person is asking to get ripped off (even if it is for $5 a month)
 
Maybe i should rephrase my statement? But you can call me "scum" if you wish, however if i am getting what I am looking for and not getting jipped for it or at least getting the best bang for my buck, then i could care less what you call me....
 
Go ahead pay what you wish for the car, but the buying experience is a game, whether you wish to admit/realize it or not, you either play or get suckered, my question is which do you prefer? and then depending on your answer, my next question is "do you really think the sales person cares to give you the best deal possible? (not matter how nice and "genuine" they are)
 
My choice is to play the game and if i cannot win i dont buy.......

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