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Prices Paid: Buying & Leasing Experiences Volkswagen Passat Lease Questions
666 messages, Last post on Jul 03, 2008 at 11:19 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: azguy2 (Apr 23, 2008 8:33 am) 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!!
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Replying to: bvdj84 (Apr 22, 2008 8:05 pm) 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.
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Replying to: jb1105 (Apr 23, 2008 9:41 am) 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.
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Replying to: simbany1 (Apr 22, 2008 3:00 pm) 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,
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Replying to: lepia (Apr 23, 2008 3:56 pm) 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! |
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Replying to: simbany1 (Apr 23, 2008 10:29 am) 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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Replying to: azguy2 (Apr 22, 2008 11:47 pm) MSRP: 28814 Cap Cost: 24370 Residual : 50% Money Factor: .00023 Effective APR: 0.55% Term: 36 Residual: 14407 Depreciation: 9963 Monthly Depreciation: 276.75 Monthly Finance Fee: 8.92 Total Monthly Payment: 285.67 Cap Cost: 24370 Invoice on that car is 26,953. With the $2k and $1k back, and add in the $575 acquisition fee, you are at around $158 below invoice. ---- To compare, I got a Passat Lux Wagon with $500 down MSRP: 33214 Cap Cost: 29959.97 Residual : 40% Money Factor: .00087 Effective APR: 2.09% Term: 48 Residual: 13285.6 Depreciation: 16674.37 Monthly Depreciation: 347.38 Monthly Finance Fee: 37.62 Total Monthly Payment: 385.01 My invoice was $30,996. - $1k (no trade in or loyalty  ) + $575 acquisition comes out to about $611 under invoice. I also have the doc fee rolled into the cap cost (actually they just reduced the cost by the doc fee so I didn't really pay it). So I think you should be able to reduce the sale price by $500 and get rid of the doc fee. Who knows what other dealer incentives are on these. I'm in AZ, which it looks like you are too. These are some amazing lease deals. So if you reduced your down payment by the doc fee, and reduced the sale price $500 you would have: MSRP: 28814 Cap Cost: 23870 Residual : 50% Money Factor: .00023 Effective APR: 0.55% Term: 36 Residual: 14407 Depreciation: 9463 Monthly Depreciation: 262.86 Monthly Finance Fee: 8.80 Total Monthly Payment: 271.66 |
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Replying to: azguy2 (Apr 23, 2008 3:31 pm) I still have remaining payments on my current VW (3 to be exact) so there's about $770 of it right there. The rest I guess just got me where I need to be. Haven't physically looked at papers yet. Any "thingies" to watch out for??! 1. Acquisition fees? 2. Early termination fees? 3. Disposition fees? I'd love your guidance on this! THanks!!
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Replying to: jb1105 (Apr 24, 2008 9:36 am)
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Just got back from my local dealership and it was a frustrating experience. I went in looking at a Passat Turbo Wagon - only options on it are heated seats and floormats. My employer has a "deal" with VW that allows me to get the car at invoice without the hassle. Sticker on the car is $27.5k invoice was about $25k - have them run some lease numbers and they come back with $440! I mention the Sign and Drive promo - which they seem to be unaware of. They "re-run" their numbers and are still off.. I don't qualify for any rebates (not a returning VW customer - and do not have a trade in that qualifies either.) I'd love to get the car - but I'd prefer to spend about $250-$300 a month (36 mos - 12k miles) Can anyone assist with the numbers on this? |
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