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Volkswagen Passat Lease Questions

674 messages,  Last post on Jul 21, 2008 at 12:27 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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#592 of 674
Re: April Lease Questions [delta737h] by jb1105
Apr 23, 2008 (6:04 am)
Reply

Replying to: delta737h (Apr 19, 2008 9:41 am)

HI there...
Am just about to finish a deal on a Passat Komfort and have been told that the Ownership Loyalty Program is NOT APPLICABLE on this model???
(I have been in a Jetta lease for the last 3 years and am turning it in for the Passat).
YOur input here or is he full of hot air???
#593 of 674
VW Passat Turbo A w/ heated front seats 2 yr lease by saipreet
Apr 23, 2008 (6:21 am)
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Sale Price he's offering:$23940
For a VW Passat Turbo with heated front seats on a 2 yr lease (57% residual after and a money factor of 0.00033. The lease is the 12k miles/year lease and i will pay $940 down in title, tax and doc fees. I got this quote from the Southern States VW dealer in Durham. I tried using your lease payment calculator (in edmunds.com) and for the numbers he gave (and with tax at 7% i come up with MUCH HIGHER MONTHLY PAYMENTS ($591 including tax) compared to his $380 a month. Not sure how he's able to give me a $380 a month deal..
- Confused (first time Passat buyer).
#594 of 674
Re: Cold Komfort [azguy2] by azguy2
Apr 23, 2008 (7:29 am)
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Replying to: azguy2 (Apr 22, 2008 11:47 pm)

I forgot to mention that I currently drive a 2002 GLX Jetta, so I am getting the 2,000 owner loyalty credit plus the 750 lease credit (please see my earlier post above). Contrary to what some others have posted, there is no requirement that I trade in my Jetta, by the way, to get either of these credits. You just have to currently own a VW model 2001 or later.
 
AZGuy
#595 of 674
Re: April Lease Questions [jb1105] by azguy2
Apr 23, 2008 (8:33 am)
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Replying to: jb1105 (Apr 23, 2008 6:04 am)

My understanding is that the owner loyalty program is good through the end of April. On a Passat, the Owner loyalty credit is $2,000, and you should also be eligible for a VCI Lease Bonus Program credit of either 750 (turbo) or 1,000 (Komfort/Lux). It is not necessary to actually trade your vehicle in to get the $2,000, by the way -- you simply need to own a VW model, 2001 or later.
 
PS Make sure they pay your first month on the lease, so that you only have 35 (or 23, or whatever it is) lease payments.
 
AZGuy
#596 of 674
Re: April Lease Questions [azguy2] by jb1105
Apr 23, 2008 (9:41 am)
Reply

Replying to: azguy2 (Apr 23, 2008 8:33 am)

You are great!
OK, so there are no RESTRICTIONS on which model - that's what my guy's trying to tell me...that it only applies to the "base model." Hmmmph. So he's wrong in telling me that? What should I say to him - that he's full of bologna?!!
Also what's the VCI Lease Bonus Program Credit for the Komfort? Please tell me more.
Uh OH...the guy also told me that I'd have to pay my first mo. and tags up front - total of $460ish. I told him I could do that - did I screw up?!!
Leasing is so tricky and frustrating at times!
Am doing a $0 down 36/12K
Thank you SO very much for your help ! YOu are a gift to us out here!!
#597 of 674
Re: Need Help with a Lease [bvdj84] by simbany1
Apr 23, 2008 (10:29 am)
Reply

Replying to: bvdj84 (Apr 22, 2008 8:05 pm)

I'm turning in my Maxima because it's a 24 month lease ending in 4 months. Had a 2002 Passat wagon vr6 for 4 years and I should've never switched to Nissan. The driving experience is just not the same so I wanna go back.
 
I'd really like to get out of my Maxima early, which they are helping me with by cutting me a check for $1,500 to take care of the rest of my Maxima lease. It's part of their early lease termination program they have for people leasing Nissan, Honda, Toyota, etc. But he said that with no money down and just paying for title/registration fees, I'd be at $427/month on a 36 month lease for the Lux....there's gotta be a better deal then that.
#598 of 674
Re: April Lease Questions [jb1105] by azguy2
Apr 23, 2008 (3:31 pm)
Reply

Replying to: jb1105 (Apr 23, 2008 9:41 am)

Glad to help out. I'm just passing on information I received at a dealer here in Phoenix, and also what I have read on the web. Sounds to me like you have a "bad" dealer, or at least one who is not willing to offer you all of the deals and programs that are available right now at VW. Can you try a different dealer? If distance is a factor, it might be worth it to make a few phone calls to the closest dealers outside your immediate area.
 
I'm just hoping Car Man will look at the deal I have pending and tell me if it looks like a keeper (see post # 591 from yesterday). One thing I forgot to mention in the original post is that I am elible for the 2,000 owner loyalty and that they are offering to pay the first month's payment.
#599 of 674
Re: Need Help with a Lease [simbany1] by lepia
Apr 23, 2008 (3:56 pm)
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Replying to: simbany1 (Apr 22, 2008 3:00 pm)

Hello simbany1,
 
I leased a 2004 VW passat from them. I was pleased with their service.
 
I am planing to lease another 2008 lux. I am woundering; did they tell you how much was the lease for the vw passat lux without turning your car in?
 
much appreciated.
 
I am going there this weekend to negotiate another lease.
 
thanks in advance,
#600 of 674
Re: Need Help with a Lease [lepia] by simbany1
Apr 23, 2008 (4:19 pm)
Reply

Replying to: lepia (Apr 23, 2008 3:56 pm)

No they didn't tell me what the lease would be without turning my car in but if didn't have 4 months left on the Maxima lease, I would have been able to just put that $1500 into the deal, and lower the payments.
 
If you have a 2004 VW, then you should be able to take advantage of the loyalty program and you should be able to get $2000 or $2,500 discounted off the price, but I believe that ends at the end of this month. Good luck!
#601 of 674
Re: Need Help with a Lease [simbany1] by bvdj84
Apr 23, 2008 (6:51 pm)
Reply

Replying to: simbany1 (Apr 23, 2008 10:29 am)

Well, you would be suprised, but your probably where you need to be with taxes, but I think you can haggle a bit more, The $1,500 acounts for about 40-50 bucks, but I think you can get them down a bit, I am down to about $338 on a Komfort, and that is with me having about 1,100 in negative equity. Not bad at all! So far, no deal out there can beat that!! But I am still interested in the 08 Accord lease, which I just got an offer for about $343 with about $400 due. So not bad either, that is on the EX-L 4cyl accord. Also, I love the Jetta, similar deal. So, I am really going crazy about what to get.
 
So, I am at
Passat $338 $0 Due
Accord 4cyl EX-L $343 with about $400 down
Jetta SE Stiff deal compared to Passat- $345, but love the drive!! $0 Due!!
 
Special might end this month on VW!! Sign and then drive might not arrive next month!

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