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Volkswagen Passat Lease Questions

685 messages,  Last post on Sep 01, 2008 at 3:32 PM

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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#655 of 685
Re: My Passat Lux Deal, Yeah!!!! [jsiggy1] by lepia
Jun 11, 2008 (5:24 pm)
Reply

Replying to: jsiggy1 (Jun 11, 2008 3:29 pm)

The lease was for:
36 months
10,000 miles.
 
If I chose 48 months, which I am considering, the monthly payment will drop 10-15 bucks.
for those interested, the dealier is:
Bayside VW in Queens NY.
 
I have seem bad coments about Bayside service center, and I must say that in my experience with my last 2 leases, the sale person have been nice and decent.
 
The only downside to this deal, is that they don't have the car and I may have to wait 2-3 weeks until they get me one. -I can wait.
#656 of 685
Lease - Komfort w/ Heated Seats & Ipod Adapter by tballs
Jun 13, 2008 (3:41 pm)
Reply
I just leased a Passat Komfort for my parents in MA. I've leased a few cars now, and have found a process that seems to work well for me (with lots of help from these forums and especially the car_man!).
 
I email a few dealerships' internet sales manager that say something like the following: "I'm interested in leasing a Volkswagen Passat Komfort in Black, Grey or Silver for either 24 mos or 36 mos / 15k per year. THe options I'm interested are heated seats. Please provide me with a quote via email with the following info:
MSRP
Purchase Price
Residual
Money Factor / INterest Rates
Inception FEes - Please itemize.
 
I usually get an email reply asking me to come in and go for a test drive. By this point I've already driven whatever vehicle I'm leasing so I simply reply that I already have and am interested in the financial details. Some try to call instead of email. If I get a voicemail (I travel internationally for work) I just send another email saying that I got their voicemail and to please send me the information via email.
 
Once I have the information from the dealers, I compare them to each other and to what I read in the message boards here. Then I pick one and go into the dealership to do the paperwork.
 
Just leased my mum a black passat komfort with tan interior. Includes IPod Adapter and heated seats and rubber floor mats.
 
Drive off/inception fee was $790, which includes the first month's payment.
Monthly Payments are $289 including tax. Lease is 36 months / 15k. I'll have to check, but I think that the residual was 47& and the money factor was .00018
 
The original offer that I got was from Quirk VW. The internet sales manager's name is Mark Gallagher - very good guy to work with. Unfortunately Quirk didn't have anything in Komforts other than Blue Slate or whatever that color is. Minuteman VW in Bedford, MA was willing to match the offer and get a black passat from another dealer, something that Quirk says that they don't do. So we did the deal with Minuteman. The whole process from initial email to sign took approximately 1 week.
#657 of 685
VW 2008 Passat Wagon Komfort lease - deal or not? by treebee
Jun 14, 2008 (3:47 pm)
Reply
Ok - this has been great reading, but i have never leased a vehicle and want to run some numbers by you all since it seems we are at the end of the 2008 vehicles and perhaps there are great deals to be had. It looks like most people are paying 0 down and that is not the deal we are currently considering -- please advise
 
$2k down
$312 month/48 mos.
first month 'free'
maintenance booklet covers all maintenance for 4 yrs (supposedly)
residual is somewhere around $12,300
 
Thanks in advance!
#658 of 685
Re: May's Lease Rates & RV for... [Car_man] by treebee
Jun 14, 2008 (5:04 pm)
Reply

Replying to: Car_man (May 29, 2008 2:53 am)

Car-man - how does one calculate the buy rate lease money factor? I am specifically looking at a 2008 Passat Wagon Komfort.....thx!
#659 of 685
not seeing response to my post - help? by treebee
Jun 17, 2008 (12:35 pm)
Reply
Hi Car_man and/or kyfdx -- I'm not seeing any response to my earlier posts about the VW Passat Wagon - help? thx
#660 of 685
First timer by grnclvrs
Jun 17, 2008 (10:49 pm)
Reply
I am researching a Passat and received the following from a dealer in Florida.
 
http://www.vw.com/passat/offers/en/us/#passat .
 
 Is this a good deal? When I run the numbers in a lease calculator, it looks like they are selling the car for around $17k to get to that payment.
#661 of 685
Re: My Passat Lux Deal, Yeah!!!! [lepia] by nickp327
Jun 20, 2008 (12:27 am)
Reply

Replying to: lepia (Jun 11, 2008 2:58 pm)

lepia-
 
your deal seems too good to be true! what was the name of the sales person at bayside VW you dealt with? i'm thinking about taking a trip out there from staten island this weekend. considering all the incentives and their advertised "92 hour sale" i can't see why i wouldn't drive the car off the lot! i can see online they still have a lux in the color i want! i would love to tell them i heard about your deal in hopes they can extend the same terms to me
 
thanks in advance!
nick
#662 of 685
Re: My Passat Lux Deal, Yeah!!!! [nickp327] by treebee
Jun 20, 2008 (10:10 am)
Reply

Replying to: nickp327 (Jun 20, 2008 12:27 am)

yes - that is a phenomenal deal -- I'm having a hard time convincing my local dealer of little to no down payment
#663 of 685
Re: My Passat Lux Deal, Yeah!!!! [nickp327] by lepia
Jun 21, 2008 (8:17 am)
Reply

Replying to: nickp327 (Jun 20, 2008 12:27 am)

OK guys,
 
I picked up my car last night. I could not believe I was getting this deal until the contract was signed. I thought the dealer was going to pull a fast one on me; so as I was getting the contract from them, I started reading carefully to see all the numbers. -they were honest.
 
How I got this deal:
I assume I got this deal for the following reasons:
- I was a previous passat owner and purchased from the same dealer.
- I got the owner loyalty rebate
- I have 750+ credit rating
- I usually pay my monthly payments one month in advance. Basically, I was always a month or two ahead in payments.
- Last, I must say the dealer was honest. I dealt with the manager directly. As a saleman, he is one hell of an honest guy.
- I brought business to them, 2 clients already.
 
You can use my name as a reference. He gave very good deals to my friends as well. -Not as good as mine though. but it was probably for the reasons above. they paid 35 and 40 more then me a month.
 
Send me an email and I give you the name. I dont think one can provide sale person's name on this forum.
send email to lepia3000hotmail.com and I give you all info you need.
 
Not all, but must of the sale people at Baysde are good people.
 
Good luck.
#664 of 685
Re: April Lease Questions [delta737h] by shaynesuper
Jun 26, 2008 (8:04 am)
Reply

Replying to: delta737h (Apr 19, 2008 9:41 am)

John -
 
I know its been a couple months...but what was the miles allowance for the Touareg above - 10k? 12k?.
 
I'm negotiating a Passat Wagon VR6 4motion - the base price is similar to your deal - but I still can't get to the monthly payments.
 
My deal:
 
MSRP $41,040
Neg Price $36,487
36mos 15k/year
$0 drive off
.00024
7.75% Tax out here
Residual 44%
 
$558.32/month w/tax
 
They added some type of family loyalty thing $1000 discount to get to the price.
 
Any thoughts - how low can I get this?

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