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Prices Paid: Buying & Leasing Experiences Volkswagen Passat Lease Questions
752 messages, Last post on Nov 30, 2009 at 5:44 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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08' Passat Wagon Lux, 36mo & 48mo w/15k/yr. MSRP $35,944 Thanks, RL |
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Replying to: ralora (May 04, 2008 4:25 pm) Thanks |
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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.
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Replying to: tntmyth (May 09, 2008 2:36 pm) 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.
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Replying to: trailmower1 (May 17, 2008 6:52 am) 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? |
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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
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Replying to: mjlatl (May 19, 2008 11:48 am) 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?
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Replying to: mjlatl (May 19, 2008 1:58 pm)
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Replying to: trailmower1 (May 19, 2008 3:47 pm) |
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Replying to: lepia (Apr 27, 2008 7:07 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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