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Prices Paid: Buying & Leasing Experiences 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
| Would the Residual Value be different from a Passat Komfort to a Lux Edition. The dealer wants to charge me over $50 per month more, being that the MSRP difference is around 1800. I am actually getting an exceptional deal on the Komfort I am getting the car for 36 mths for 325 with taxes and 15000mi/yr. My guess is because the dealer doesn't have any Lux in stock he wants to convince me to go for the Komfort. Does anybody know if the Residual Value is actually different on any of these two versions to make up for the difference? | |
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I jsut got a 2008 Passat Komfort - Heated Seats & iPod Adapter. MSRP - 29014 Base Cap Cost - 26500 Incentives - 1850 Money Factor - .00023 Residual - 50% Sales Tax - 7% Monthly Payment - 311 36/12k No money down and no out of pocket. Sound good?
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Replying to: thailux (Mar 26, 2008 12:08 pm)
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Replying to: bjss (Mar 26, 2008 12:26 pm) And, if based on the MSRP, it would make the monthly payment lower, correct? |
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Replying to: thailux (Mar 26, 2008 12:31 pm)
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Replying to: thailux (Mar 26, 2008 12:08 pm) I am a current Jetta owner and best deal I have is $322 with 10,000 miles and dealer is paying my last payment on Jetta which is $215
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Replying to: shtutman (Mar 26, 2008 6:11 pm) If you're not in the area, here's my advice - Just be stern, strong-willed and patient. They started me at 340 per month and taxes and fees down. They also said they had to charge extra because they didn't have my car on the lot. I told them I didn't want anything down, so they removed it. (They keep going back and forth to their manager - it's mostly for show! I used to never bargain like this for cars and probably got fleeced a few times, but this time I went in with a plan.) They kept saying $340 was all they could do, so I pulled out my research. I had looked earlier in the day and found out that other dealers in the area had the Passat in the color I wanted - one dealer had 7! So, I basically said, "Tell me why I should pay you extra for the car, when I can go to the other dealers and buy it straight?" Immediately, they went down to $325. They kept trying to meet in the middle. This is where you have to be patient and willing to leave. I just kept waiting them out and saying that I didn't want to pay extra for the color, etc. etc. Eventually, after many trips, they pulled the "If I can get you this price will you sign tonight?" I said sure and the rest is history. With your trade, you should get $2000 in incentives so you should do fine. I traded in a car, so that helped, but the $2000 is a great deal. My Father-in-law just did better than me a day later on Long Island. He got the same car, with the all-weather mats, for $309 nothing down or out of pocket. He was turning in a Jetta as well. The dealer took one payment and he had to pay the other. So, I think you're in good shape. Just be strong, persistent and willing to leave. Have another dealer as a backup plan. Good Luck!
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Replying to: thailux (Mar 26, 2008 6:54 pm) Tjank you for your reply. If you can let me know which dealer on Long Island your Father in Law was dealing with? |
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Replying to: shtutman (Mar 27, 2008 6:45 am) My father-in-law got his Passat at King's Volkswagen in Brooklyn. He said he didn't even have to bargain, the salesman just offered the $309 price. Good Luck! |
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