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Prices Paid: Buying & Leasing Experiences 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
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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? 
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Replying to: saipreet (May 01, 2008 9:22 am) 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
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Replying to: kyfdx (May 01, 2008 9:19 am) |
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Replying to: kyfdx (May 01, 2008 9:19 am) As for the sign and drive deals to continue, my dealer said no but maybe some other financing at a later date. |
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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,
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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. | |
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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.
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Replying to: gluz (May 02, 2008 9:46 pm) That would be my guess... I'd ride out your lease.. regards, kyfdx |
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Replying to: kyfdx (May 01, 2008 9:26 am)
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08' Passat Wagon Lux, 36mo & 48mo w/15k/yr. MSRP $35,944 Thanks, RL |
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