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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

What is this discussion about? Volkswagen Passat, Car Leasing, Sedan, Wagon


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#627 of 666
Re: Passat Wagon deal [azguy2] by kyfdx HOST
May 01, 2008 (9:19 am)
Reply

Replying to: azguy2 (May 01, 2008 7:55 am)

I think the $1500 he refers to is the incentive for trading in a Honda... Not the amount they gave him for his trade..
 
I could be wrong..
 
regards,
kyfdx
#628 of 666
Deals that I got: Passat 24 mo (12k/yr) lease by saipreet
May 01, 2008 (9:22 am)
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Hello:
Here are the details of the lease offers I received last night (end of the month) from dealerships in the Raleigh Durham area. I did not buy last night (though there was intense pressure!) and I'm wondering if i did the right thing this morning!
1. For a Turbo (base model) with heated front seats: I was offered $355 a month for 12k/yr lease for 24 months. Negotiated sale price: 23480 (including $940 tax, title, doc fees). Residual was at 59%.
2. For a Komfort model with heated front seats: I was offered $389/month for a 12k/yr lease for 24 months. Not sure of the sale price on this car because the dealer didn't give any. He merely suggested this as an upgrade. The one thing I noted was that he mentioned something about owner loyalty casually - i think he offered me the $389 figure only if I qualified for that. I dont!
So I guess really the issue that's bothering me is: should I have walked away from the Turbo deal that is in #1. I wanted the united gray color but they didnt have that in stock in either trim and offered me other colors (another justification for why I didnt buy last night even if the deal was spectacular!).
Your feedback is appreciated. Maybe I'll learn to jump on a good offer when i go to the dealer this month!
ONE THING MORE: I live in NC now but am moving to Indiana in 2 months. I am debating between leasing the car in NC and driving it to IN or leasing it in IN. So far, every dealer I have spoken to has said that VW has a good dealer network and that I should have no troubles in buying in NC and relocating to IN. That's true, isn't it?
#629 of 666
Re: Deals that I got: Passat 24 mo (12k/yr) lease [saipreet] by kyfdx HOST
May 01, 2008 (9:26 am)
Reply

Replying to: saipreet (May 01, 2008 9:22 am)

ONE THING MORE: I live in NC now but am moving to Indiana in 2 months. I am debating between leasing the car in NC and driving it to IN or leasing it in IN. So far, every dealer I have spoken to has said that VW has a good dealer network and that I should have no troubles in buying in NC and relocating to IN. That's true, isn't it?
 
How does NC tax leases? Do you pay the tax upfront? I think Indiana taxes the monthly payment. If you lease in NC and pay the tax, once you get to Indiana and register the car, you'll have to pay tax again on the monthly payment.
 
I'm not positive that is how the tax works in those two states, but if it is, then you definitely want to wait until you get to Indiana to lease the car.
 
regards,
kyfdx
#630 of 666
Re: Passat Wagon deal [kyfdx] by azguy2
May 01, 2008 (3:37 pm)
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Replying to: kyfdx (May 01, 2008 9:19 am)

I think you're probably right. But whether it's trade-in value or program credit, it lowers the monthly payment the same amount.
#631 of 666
Re: Passat Wagon deal [kyfdx] by trailmower1
May 02, 2008 (8:49 am)
Reply

Replying to: kyfdx (May 01, 2008 9:19 am)

I did the deal on the Passat Wagon. First impressions are that I'm pleased with my decision. Sweet ride, love the steering feel, plenty of power and the Sirius equipped sound system is crisp and clean.
 
As for the sign and drive deals to continue, my dealer said no but maybe some other financing at a later date.
#632 of 666
Extend my lease by ken1496
May 02, 2008 (12:01 pm)
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My VW passat lease ends in July. I am moving out of the country in Oct. Can I extend my lease for 3 months with a same payment? Appreciate your feedback. Thanks,
#633 of 666
Lease extension by trailmower1
May 02, 2008 (12:06 pm)
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This varies by lease and by company. I just turned in a Honda lease and was offered the opportunity to extend the lease if I so desired. To find out for sure, contact you financing organization (Volkswagen or bank depending on who did your financing) and ask what options they offer.
#634 of 666
08 Passat Wagon Lux or Komfort by gluz
May 02, 2008 (9:46 pm)
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Hello, I currently lease 06 Passat Sedan 2.0T with every possible option.
My overall residual(payments plus real residual) is 22K plus change and mileage is pretty low-18K which makes me 6K under my annual 12K mileage. The lease is over in over a year, in June of 2009.
 
I want to get an 08 Wagon, maybe with lesser options for about the same lease rate monthly-391 including 8.25 CA tax.
 
What should I expect my conversation with the internet manager to be like?
 
Will all of it be about me being upside down on my lease and them wanting to roll my existing lease remainder into the new lease?
 
Any suggestions are appreciated.
 
Thank you.
#635 of 666
Re: 08 Passat Wagon Lux or Komfort [gluz] by kyfdx HOST
May 03, 2008 (7:23 am)
Reply

Replying to: gluz (May 02, 2008 9:46 pm)

Will all of it be about me being upside down on my lease and them wanting to roll my existing lease remainder into the new lease?

 
That would be my guess... I'd ride out your lease..
 
regards,
kyfdx
#636 of 666
Re: Deals that I got: Passat 24 mo (12k/yr) lease [kyfdx] by saipreet
May 03, 2008 (11:36 am)
Reply

Replying to: kyfdx (May 01, 2008 9:26 am)

Thanks! I'll look into the different taxes in the 2 states. So you think the terms of my lease on the turbo were reasonable?

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