1199 messages,
Last post on Jun 08, 2013 at 9:10 AM
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Volkswagen Passat, Car Leasing, Sedan, Wagon
#854 of 1199 Re: Passat TDI SE 6sp. Manual [bubulake]
by Car_man HOST
Oct 11, 2011 (5:32 pm)
You're very welcome bubulake.
Unfortunately the $1,000 cash incentive that is available on leases of the 2012 Passat is not available on TDI models.
VW Credit's October buy rate lease money factor and residual value for a 36-month lease of a 2012 Passat Sedan TDI SE with 15,000 miles per year are .00160 and 57%, respectively for consumers who qualify for its top credit tier.
Car_man
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#855 of 1199 Re: 2012 VW Passat S w/Appearance Lease [albertf]
by Car_man HOST
Oct 11, 2011 (5:38 pm)
Hi albertf. The selling price that you were quoted is probably around $500 over invoice...or a little more once the cash incentive is deducted. That's a pretty good deal. Just make sure that the dealer uses VW Credit's buy rate lease money factor of .00030 to calculate your payment and you're in business.
Car_man
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#856 of 1199 Re: Lease on 2012 Passat SE TDI Manual [sdrider]
by Car_man HOST
Oct 11, 2011 (5:41 pm)
Thanks sdrider. The residual values for leases with 15,000 miles per year are 3% lower than they are for leases with 10,000 miles per year.
VW Credit's October buy rate lease money factor and residual value for a 36-month lease of a 2012 Passat TDI with 15,000 miles per year are .00160 and 57%.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#857 of 1199 Re: 2012 VW Passat S w/Appearance Lease [Car_man]
by albertf
Oct 11, 2011 (5:49 pm)
Thanks, Car Man! I appreciate your feedback. I thought it was a good deal, but since Im new to leasing, I was a little skeptical.
Do you recommend the Excessive Wear Warranty? Is it necessary? I was told by the loan person that VW is very "nit-picky" with damages when returning the lease. She sold me the warranty for 3 years for $560. Is this reasonable?
#858 of 1199 Re: Lease on 2012 Passat SE TDI Manual [Car_man]
by wolfsburg_de
Oct 12, 2011 (6:20 am)
FYI, I picked up my 2012 Passat TDI SE 6MT last Wednesday. 36 months with 12k/yr has 59% residual and 0.00140 MF through VW Credit.
#859 of 1199 Re: Lease on 2012 Passat SE TDI Manual [wolfsburg_de]
by sdrider
Oct 12, 2011 (10:27 am)
Thanks so much guys! Thank you Car Man. This forum has saved a lot of people time, money, and hassle. Keep it up!
#860 of 1199 Re: 2012 VW Passat S w/Appearance Lease [albertf]
by timj757
Oct 15, 2011 (12:00 pm)
Hey looking at your deal, I am trying to get similar car, what does gross cap cost mean and cap cost reduction mean? Did you offer $500 over invoice?
#861 of 1199 Re: 2012 VW Passat S w/Appearance Lease [timj757]
by albertf
Oct 15, 2011 (12:24 pm)
The gross capitalized cost is the cost of the vehicle after all misc fees have been added. The capitalized cost reduction was the amount I put down to reduce the gross cap cost. Yes, I offered $500 over invoice.
#862 of 1199 Passat 2.5 S and 2.5 SE
by geo1317
Oct 17, 2011 (3:52 pm)
Looking for the rates for 2.5 S Manual and 2.5 SE Manual Passat's. 36mo with 10k miles. I also assume the $1000 lease cash applies for these as well. Thank You.
#863 of 1199 2012 VW passat money factor and residual
by lalkr
Oct 24, 2011 (12:42 am)
Hello everyone... Can anyone tell me the October money factor and residual for a 48 month lease on Tier C credit with VW Credit. Im being told 50% and .00290 by dealer.. Does this sound right?