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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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I leased a 2008 Passat Komfort from Jim Ellis VW Marietta, GA. They replied to an email quote request promptly.The experience was seamless and no surprises or changes from the email quote. The entire staff was professional, friendly and businesslike. I do recommend them.Time in dealer: under 2 hours. 24 mo 12k MSRP $28775 Purchase price $25995 (included 1k loyalty cash from the dealer) Residual 57% ($16401.75) MF .00018 Inception fess $411.02 (1st pymt + tag,title and reg.) Drive off costs $411.02 Monthly payment $406.31 pymt + tax =$434.75
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Replying to: gadom (Sep 01, 2008 2:32 pm) Due at Signing is 908 ( !st payment, tags and the CT state conveyance fee) They agreed to make the last lease payment on my current lease Audi A4 (494.48). So acutal due at signing is $413.52 3 years 15K per year with maintanence included (it's an 09, new from VW) $428 a month was good enough for me!! |
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Hi Car_man, I am a first time car buyer/leaser and have been doing a fair amount of research here on the boards. I've decided to lease and am interested in leasing a 2008 Passat Komfort 2.0T for 36 (or 39 if applicable) months with 12,000 miles per year. Can you give me the current buy rate lease money factor and residual value for this lease type? Two other questions.. Through my job I have a VW-Supplier purchase certificate which guarantees dealer invoice; Do you think one can still negotiate a better selling price with this on the table or is this as good as I will probably get? And finally, is VW still offering a $1,500 cash incentive on leases of the 2008 Passat 2.0T Sedan through VW Credit? And if not are there any current incentives? Thanks for the help and information!
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Car_man, This correction is for my post above ^^^^^^ I would actually prefer the numbers for a 15,000 mile lease. |
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Replying to: kris113 (Aug 26, 2008 8:59 am) When negotiating your car's selling price, keep in mind that Volkswagen is providing a $500 cash incentive on leases of this car right now. Once you know the MSRP and selling price of the exact car that you want, stop back and post them here. I am sure that either myself or another helpful community member will be happy to use them to work up a sample lease payment for you. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: nudnk (Aug 29, 2008 2:20 am) The lease program that the dealer is using is OK, but you never mentioned this car's selling price. This is a very important number to find out. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without knowing what this car's selling price is, it's difficult to tell how good your deal is. Find out this number and share it with us here. I am sure that either myself or another community member will be happy to give you their opinion on it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: gadom (Sep 01, 2008 2:32 pm)  ! Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: viberantmind (Sep 14, 2008 5:28 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Sep 18, 2008 2:53 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Car_Man, I have an offer for a 36 mo., 36,000 mi. lease on a 2009 Passat and I'm not sure if it's a good deal. Here are the terms: MSRP: $28,990 Sale Price: $26,500 Acquisition Fee: $575 "Service Fee": $175 Cap Cost Reduction: $1,500 Final Cap Cost: $25,750 Residual Value: $15,365 (53%) Money Factor: .00060 Monthly Payment: $313.14 plus $17.22 tax (5.5%) = $330.36 Total due at signing is $1,675.50 which consists of $1,500 cap cost reduction, $93 for title and registration, and $82.50 tax on cap cost reduction. They are waiving the security deposit, and, due to an error in a newspaper ad that left out the 1st month's payment, are waiving that as well. Seems like a good deal to me, but would like some input asap. Thanks!! These forums are fantastic!
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