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Volkswagen Passat Lease Questions

752 messages,  Last post on Nov 30, 2009 at 5:44 PM

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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#529 of 752
Re: This is MY lease for VW 2008 passat Komfort [bjss] by reducedpayment
Mar 16, 2008 (6:00 pm)
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Replying to: bjss (Mar 16, 2008 3:01 pm)

Dear Bjss,
 
Thanks for the info on the money factor, i will definitely look into it and let you know....
 
The owner loyalty rebate is for 2K, this is one of the rebates i ended up with....
 
I would actually like to bring everyones attention to the April 2008 Consumer reports guide which talks about "2008 best and worst cars"... in the "Family category", which is where the Passat is classified, it is in the Least Reliable column, which kills me because it seems like a good car and many people i know with older models love the car.... The Prius, Sonata (4 cyl), Camry Hybrid , Dusion and Milan are considered to be most reliable in that category....
 
What do you think about this?
 
As for fuel economy, it does state the passat 2.0t as have a great MPG at 24 MPG average...
 
Also, the father of a 4 yr old and a new born due in 3 weeks, it crash test ratings to help me feel comfortable....
 
As always, different cards meet different life styles, always do your research and determine what is best for you...
#530 of 752
Re: 2008 Passat Lux Sedan Lease Question [jake555] by Car_man HOST
Mar 17, 2008 (2:37 am)
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Replying to: jake555 (Feb 05, 2008 10:00 pm)

Hi jake555. Volkswagen is currently providing $750 lease cash on the 2008 Passat 2.0T. So a selling price of $500 under invoice is really equivalent to $250 over, which is still a very attractive price. Also, in mid-February Volkswagen raised its owner loyalty cash on this car from $1,500 to $2,000. Keep this in mind if you have not finalized your deal yet. This looks like a pretty good deal to me, just make sure that the dealer that you are working with uses VW Credit's current buy rate lease money factor of .00023 to calculate your monthly payment and you're in business. Volkswagen's money factor for 48 month leases of this model is much worse than its 36 month factor.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#531 of 752
Re: current VW lease incentives [scottinky] by Car_man HOST
Mar 17, 2008 (2:46 am)
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Replying to: scottinky (Feb 12, 2008 11:19 am)

Hi scottinky. Volkswagen is currently providing a $750 cash incentive on leases of 2008 Passat 2.0T models through VW Credit. In addition to this, it has a $2,000 cash incentive for just about everyone (loyal customers or current owners of other vehicles). Make sure that you take this $2,750 in cash incentives into account when you negotiate the selling price for the Passat that you are interested in.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#532 of 752
Re: 2008 Passat Residuals [6422130] by Car_man HOST
Mar 17, 2008 (2:55 am)
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Replying to: 6422130 (Mar 07, 2008 7:52 pm)

Hi 6422130. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2008 VW Passat 2.0T Sedan with 12,000 miles per year are .00023 and 50%, respectively. I don't think that Volkswagen is offering support on 39 month leases of this car, but I could be mistaken. When negotiating your lease on this car keep in mind that Volkswagen is currently providing a total of $2,750 in cash incentives on it. This cash will help you to negotiate an attractive capitalized cost for your lease.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#533 of 752
Re: 2008 Passat Residuals [Car_man] by review1000
Mar 17, 2008 (5:25 am)
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Replying to: Car_man (Mar 17, 2008 2:55 am)

I am upset only because of the "OWNER LOYALTY TO VW" I have owned 2 audi through VW Credit and my sister had a VW passat 4 years ago, and I went now from an Audi to a Passat and I do not get any owner loyalty because it is not a VW car still same manufacturer and VW credit but I dont get it should I try to fight for it???
#535 of 752
Re: 2008 Passat Residuals [review1000] by Car_man HOST
Mar 18, 2008 (1:21 am)
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Replying to: review1000 (Mar 17, 2008 5:25 am)

Hi review1000. Unfortunately, the fact that your sister had a Passat several years ago will not help you qualify for the owner loyalty cash. The fact that you have leased or financed an Audi through Audi Financial Services might, if you still currently have the vehicle. Even then I am not sure that it would. If I am not mistaken though, I believe that in addition to owner loyalty cash, Volkswagen has $1,500 "conquest" cash for current owners of competitive vehicles who lease or finance a Passat through VW Credit. If you don't qualify for the $2,000 loyalty offer, you probably would qualify for the conquest cash.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#536 of 752
Re: 2008 Passat Residuals [Car_man] by review1000
Mar 18, 2008 (5:00 am)
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Replying to: Car_man (Mar 18, 2008 1:21 am)

I understand CAR Man, what you are saying. I just thought I just returned my Audi end of lease and VW Credit had to do the inspection of the car also. so that is why I dont understand why I do not get anything for at least staying with the family.
thank you,
 
I am going to keep hounding VW Credit. I will keep you posted.
#537 of 752
Re: This is MY lease for VW 2008 passat Komfort [reducedpayment] by ibeme78
Mar 19, 2008 (6:00 am)
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Replying to: reducedpayment (Mar 16, 2008 11:56 am)

Hi Reducedpayment - it seems like you got a great deal!
 
I'm in the NY area (long island) and I'm looking for a 2008 Passat Komfort. We currently have an '04 passat, so we'd get the loyalty discount, too.
 
I'm wondering which dealers you went to and ultimately used, and how else you can possibly help.
 
Also, do you think the recent interest rate drop will even lower the payments?
 
Thanks for sharing your experience.
#538 of 752
Re: This is MY lease for VW 2008 passat Komfort [reducedpayment] by bjss
Mar 21, 2008 (9:23 pm)
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Replying to: reducedpayment (Mar 16, 2008 11:56 am)

Still waiting for a response from the dealer on a Passat lease. You would never know the auto industry is in a slump by my experience so far. While I was having work done on my current 02 passat wagon, I visited with the salesman (that sold it to me in 2002), told him I was interested in leasing another. He promised to email me the details by end of day. No response. 2 days later, back in dealership to pick up my passat (had timing belt replaced), saw him again, he was very apologetic, said he totally forgot' and would send me an email by end of day. 3 more days go by, no email. I sent one to the dealership today...the salesman sends back a 'form letter email' asking me what car I am interested in, etc...is this crazy or what? Business must be good for him....I think it's time to move on to another dealer (or at least Salesperson).

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