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Prices Paid: Buying & Leasing Experiences Volkswagen Passat Lease Questions
751 messages, Last post on Oct 15, 2009 at 2:08 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: hannab (Apr 16, 2009 3:01 am) Volkswagen is currently providing a $2,000 cash incentive on leases of the '09 Passat. Make sure to take this cash into account when negotiating the capitalized cost for your lease. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: fractious (Apr 19, 2009 6:09 am) Let's work up an estimated lease payment on this car for you and see what we come up with. First we need to come up with an estimated selling price for this car. The model that you are interested in probably has a spread of around $2,500 between its full MSRP and its dealer invoice price. Add to that the $2,000 cash incentive that is available on leases of this car and subtract $500 for the dealer and we're talking about a cap cost that's $4,000 under the MSRP that you mentioned. According to my calculations, if you were to lease a 2009 Volkswagen Passat Sedan that has an MSRP of $32,760 and a selling price of $28,760 through VW Credit right now for 36 months with 15,000 miles per year, its zero down, pre-tax monthly payment would be around $445. I worked up this lease with no down payment because it is in your best interest not to make one. Consumers who make large capitalized cost reductions on leases risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Just in case you're still interested, $3,000 due at signing is probably equivalent to around a $2,000 cap cost reduction which would lower the above payment to around $388. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: nhbanker (May 07, 2009 2:41 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Car Man, Can you provide the MF and RV numbers for a 36 month lease with 12k miles for a 2009 Passat Komfort Wagon? If the numbers are different, can you provide the same info for the sedan? I imagine that the residual values must be unfortunately low on both of these vehicles since they are near the end of the season. Do you think the RV and lease options would improve when the 2010s reach the lots? If so, do you have any idea when they may arrive. Thanks for your help.
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Replying to: thumb72 (Jul 24, 2009 8:41 am) MSRP: $30,589 Cap Cost Reduction: $1351.64 First Month and Fees: $1724.81 Total Down: $ 3076.45 Adjusted Cap Cost: $25,343.36 Residual Value: $12,541.49 (42%) Money Factor: 0.00020 Total Monthly (incl. 8% tax): $363.19/month 36 month lease with 12k miles The car is running and looks great...
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Replying to: thumb72 (Jul 24, 2009 8:41 am) Volkswagen is currently providing a $2,000 cash incentive on leases of these vehicles. I'm not sure when the 2010 Passat is scheduled to begin arriving at dealers. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I recently recieved a quote from a local VW dealership and was wondering if this is a deal worth considering. Below are the details. 2010 VW Passat cc Auto MSRP $29,400 Selling Price $25,925 Monthly Payment $351.89 Due at Signing: $1,693.74 includes ($901.15 Tax, $351.89 first payment, $235.20 MV,$205.50 Doc fee + tire tax Money Factor 0.00134 Residual 54% Its worth mentioning that orginally I was quoted $394.50 however, I was than told that the lease #'s he used were for a 2009. So he adjusted the lease numbers. Any insight would be great. Thanks!
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Car_Man- I need help to figure out the best deal on a 2010 Passat CC Sport (Manual Transmission). Thanks!!
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Replying to: thumb72 (Aug 13, 2009 4:14 am) |
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Replying to: speedman1 (Oct 01, 2009 6:06 am)
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