1199 messages,
Last post on Jun 08, 2013 at 9:10 AM
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Volkswagen Passat, Car Leasing, Sedan, Wagon
#820 of 1199 Re: Passat 2012 SEL 2 [jaffman]
by Car_man HOST
Aug 17, 2011 (3:51 pm)
Hi jaffman. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2012 Passat V6 SEL Premium with 10,000 miles per year are .00138 and 56%, respectively for consumers who qualify for its top credit tier.
This car's lease payment will depend upon what selling price you are able to negotiate. For now I will assume that you are being given a $1,000 dealer discount plus the $1,000 cash incentive for a $2,000 total discount. Let me know if you want me to use a different price. According to my calculations if you were to lease a '12 Passat Sedan SEL V6 Premium that has an MSRP of $33,720 and a selling price of $31, 720 through VW Credit right now for 36 months with 10,000 miles per year, its zero down, pre-tax monthly payment would be around $427.
Car_man
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#821 of 1199 Re: Passat 2012 leasing [wolfsburg_de]
by Car_man HOST
Aug 17, 2011 (3:53 pm)
You're welcome wolfsburg_de. Interestingly, I haven't seen anything on the Diesel 2012 Passats yet. I'll ask around and see what I can find out for you.
Car_man
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#822 of 1199 Re: Lease Buy Out [poppyal]
by Car_man HOST
Aug 17, 2011 (3:55 pm)
No problem poppyal. I am not intimately familiar with VW Credit's lease extension process, but logically it makes sense that extending your lease would make the end-of-term purchase option price lower.
The dealer should be able to certify your leased vehicle to provide you with an extended warranty or possibly even sell you a separate extended warranty without the certification.
Car_man
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#823 of 1199 Re: Passat 2012 SEL 2 [Car_man]
by arlvahoo
Aug 24, 2011 (6:52 pm)
Car Man, I'm wondering where you're getting your August rates for the 2012 Passat leases. Every dealer locally in the DC area is telling me that VW hasn't published the rates yet since the cars won't be available for delivery until September. Do you have any insight on the September rates or whether any special promotions will be offered?
I'm interested in an SEL with all options, either in the VR6 or TDI. I'm undecided on the engine. 36 month and 12k miles. If you have any info on those lease programs once the cars become available, please share.
Thanks!
#824 of 1199 Re: Passat 2012 SEL 2 [arlvahoo]
by Car_man HOST
Aug 25, 2011 (3:47 pm)
Hi arlvahoo. Volkswagen published a lease program for the Passat several weeks ago, perhaps just to give consumers who plan on ordering one an idea of what their payments would be like.
I believe that the Volkswagen program that I mentioned for the Passat is good through October 31st.
Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2012 Passat Sedan SEL V6 with 12,000 miles per year are .00138 and 55%, respectively for consumers who qualify for its top credit tier.
I haven't seen any program info for diesel Passats yet.
Car_man
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#825 of 1199 Re: Passat 2012 SEL 2 [Car_man]
by arlvahoo
Sep 02, 2011 (6:33 pm)
Now that it's now September, any new info on the Passat TDI SEL lease? Or any changes to the V6 SEL you mentioned above? For a 36 mo. 12k mile lease.
Thanks.
#826 of 1199 2012 VW Passat SE with Sunroof
by rastavibration
Sep 09, 2011 (6:32 am)
Hi Carman,
Is this a good deal? (I think it is)
2012 VW Passat SE with Sunroof and protection package
MSRP $26,630
Selling Price $25,345
$2,000 total out of pocket (docs, fees included)
$300/month for 36 months at 12k miles per
NJ 7% sales tax included.
Thanks!
#827 of 1199 Re: 2012 VW Passat SE with Sunroof [rastavibration]
by jaffman
Sep 09, 2011 (6:38 am)
sounds like a good deal to me rastavibration. where did you get that deal?
#828 of 1199 Re: 2012 VW Passat SE with Sunroof [jaffman]
by rastavibration
Sep 09, 2011 (7:45 am)
Douglas vw in nj
#829 of 1199 Lease on 2012 Passat SE TDI Manual
by gelovani
Sep 09, 2011 (5:37 pm)
Car Man,
I stumbled upon this great forum and signed up in hope to get some good insight.
My goal is to lease a Manual transmission 2012 Passat SE TDI for about $300 /mo, for 36 months, with 10k annual mileage. The online build & price total comes out to MSRP $25,995 and an additional $770 destination charge, totaling $26,765. I was told by the dealer that I'd have to order the vehicle since the Manual TDIs are not even built just yet. From what I recall, the manager noted that the car has a rather low money factor (0.001xx, I don't remember exactly) and about 60% residual.
I am planing to put down $2,500, and I am hoping that my credit (Fico: 763 & 727) would qualify me for the top tier rates. I am located in Houston, TX where tax should be 8.25%.
Does a $300 monthly payment sound reasonable, if not how much negotiation would I need to do to get to that sweet spot.