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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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What range of payments should I expect for 3 years, 45K miles in CA if I don't already own a VW and can't get the "loyalty cash" assuming I can get it for around invoice and I'm not putting any cash down? Are the same kind of deals available for both sedan and wagon? |
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Replying to: jaxs1 (Apr 14, 2008 7:44 pm) This is an incentive on the VW now. Thanks though. 
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Replying to: bvdj84 (Apr 15, 2008 6:27 am) Also, even if that doesn't happen, the people who don't have a VW or one of the approved Asian brand cars in their household get no incentive on this lease. There is still a low MF, but with no trade, it doesn't look like a bargain anymore.
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Replying to: jaxs1 (Apr 15, 2008 12:50 pm)
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Replying to: kyfdx (Apr 15, 2008 1:02 pm) Your trade-in is worth more than you think. That's because right now Volkswagen is offering $1,500 off the purchase or lease of a 2007 or 2008 VW Passat or Passat Wagon* when you trade in your Toyota, Honda, Nissan, Mazda, or Hyundai. You get a a low lease payment at the expense of unknown dollars worth of losses from the value of your old car.
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Replying to: jaxs1 (Apr 15, 2008 6:34 pm) That's not saying that it will be wonderful.. But, usually, on models that need incentives, dealers want to move the metal.. Just like any other car deal.. you have to keep your eyes open.. 
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Replying to: kyfdx (Apr 15, 2008 7:07 pm) Even if the dealers put $0 in dealer participation towards the promotion, it is an excuse for them to give you less and say don't worry about it because you're getting the $1500 incentive from VW. You will never know if they gave you $500 or $1000 less than they should have for your trade-in. Trade-ins make for very messy deals with the dealers playing-games shuffling dollars around both sides of the transaction.
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Replying to: jaxs1 (Apr 15, 2008 7:19 pm) I rarely trade a car in.. But, the reality for most people, is they have to trade in their current car to do the deal.. VW has a pretty good lease program on the Passat, even without the trade-in thing.. I'm surprised, though... Most loyalty or conquest programs only require that you have the car registered in your name.. regards, kyfdx
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Replying to: kyfdx (Apr 15, 2008 7:22 pm) They may be unaware that they're are really making a "silent cap reduction" from an undervalued trade-in to get the cheap payments with this VW deal. Money sucked out of the trade-in or money spent by writing a cap reduction a check to the dealer is still the same net loss to you. I'd like to see if the deals are that great when no trade-in is involved.
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