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Volkswagen Passat Lease Questions

698 messages,  Last post on Oct 06, 2008 at 11:46 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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#635 of 698
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 698
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?
#637 of 698
May's Lease Rates & RV for... by ralora
May 04, 2008 (5:25 pm)
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08' Passat Wagon Lux, 36mo & 48mo w/15k/yr. MSRP $35,944
 
Thanks,
RL
#638 of 698
VW Credit -MSD?? by jmc19216
May 05, 2008 (2:08 pm)
Reply

Replying to: ralora (May 04, 2008 5:25 pm)

Does VW Credit accept the refundable multiple security deposits on their leases? I know that BMW lowers the money factor up to .00049.
Thanks
#639 of 698
New Lease Rates by tntmyth
May 09, 2008 (3:36 pm)
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Does anyone know what the current money factor, residual and overall best deal available on a Passat? They are running a special now, this time until June 2. I am interested in Passat Lux. During the Sign and Drive, they were offering $329/mo nothing down for 2.0T Turbo. Now its $269 with $1999. If you divide the $1999 by 36 months, it adds $56 to the $269 making it $325. Thats even better than the $329 during the Sign and Drive.
#640 of 698
Re: New Lease Rates [tntmyth] by trailmower1
May 17, 2008 (7:52 am)
Reply

Replying to: tntmyth (May 09, 2008 3:36 pm)

Now its $269 with $1999. If you divide the $1999 by 36 months, it adds $56 to the $269 making it $325. Thats even better than the $329 during the Sign and Drive.
 
You can't really do the math this way. There is a big difference in making an up front payment of $1999 and paying the same amount over time. The difference is the "time value of money" as in the up front scenario you are giving up the use of the money and in the over time scenario you retain the use of the money. Another difference here is that the sign and drive included the first month's payment so that deal was only 35 payments and not 36.
 
I would guess you could get a lease deal that, in total, is not so different than what was previously offered as the summer is approaching and the new model year cars will be arriving soon. However, VW corporate is no longer offering the support for the money factors that made the sign and drive a good deal.
 
Lastly, try asking the dealer for a lease quote with no money down. This will give you a better comparison and you'll know what your negotiating for. If you read most of these forums, the prevailing opinion is that, when leasing, it's best to avoid putting money down if you can.
#641 of 698
Re: New Lease Rates [trailmower1] by tntmyth
May 18, 2008 (9:09 pm)
Reply

Replying to: trailmower1 (May 17, 2008 7:52 am)

I notice that VW just lowered their monthly lease payment to $239/mo for Passat 2.0T Turbo with $1,999 down. See the following link:
 
http://www.vw.com/specialoffers/en/us/#/passat/
 
What would you estimate is the best payment I would be able to get a Passat Lux for with this month's promotion? Passat Lux I am considering has an MSRP of about $30,750.
Also, if I choose to put nothing down as in the "$0.00 due at signing offer available. Please see your dealer for details.", mentioned in the ad, what is the best I could do on a lease payment?
#642 of 698
How much for an '08 Passat Wagon Lux by mjlatl
May 19, 2008 (12:48 pm)
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I'm looking at several cars including the Passat Wagon Lux with Nav and Ipod Dock.
 
Looks like MSRP is around $35,500.
What should I pay for this car? With specials what should a lease be? I would prefer a sign and drive but don't mind paying the first months payment up front.
 
thanks
#643 of 698
Re: How much for an '08 Passat Wagon Lux [mjlatl] by mjlatl
May 19, 2008 (2:58 pm)
Reply

Replying to: mjlatl (May 19, 2008 12:48 pm)

The actual MSRP is $33790
They are quoting a price of $31908 (94.4%)
On a 36 month lease with 12K per year, they are offering $499+tax sign and drive ($534) or $479+tax ($512), with $688 upfront total.
 
Based on the new special on the web this doesn't appear that great.
 
Thoughts?
#644 of 698
Re: How much for an '08 Passat Wagon Lux [mjlatl] by trailmower1
May 19, 2008 (4:47 pm)
Reply

Replying to: mjlatl (May 19, 2008 2:58 pm)

This is not a all a good deal. I leased a Komfort Wagon at $372 per month including tax and no first month payment. $534 for a Lux is way too much. The MSRP on my wagon was about $29,500. You can do better.

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