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Volkswagen Passat Lease Questions

1184 messages,  Last post on May 20, 2013 at 7:28 AM

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What is this discussion about? Volkswagen Passat, Car Leasing, Sedan, Wagon

Messages Page 93 of 119

#916 of 1184 Re: 2.5L SE w/Sunroof [maxlev] by Car_man HOST

Feb 13, 2012 (5:22 pm)

Replying to: maxlev (Feb 01, 2012 1:12 pm)
Hello maxlev. Volkswagen Credit's February buy rate lease money factor and residual value for a 36-month lease of a 2012 Passat 2.5L SE with sunroof and 10,000 miles per year are .00040 and 56%, respectively for consumers who qualify for its top credit tier.
 
Volkswagen is currently providing a $1,000 cash incentive on leases of '12 Passat SE models.
 
The Sign and Drive offer is no longer available.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#917 of 1184 Re: Passat SE Sunroof&Nav [chrisch70] by Car_man HOST

Feb 13, 2012 (5:25 pm)

Replying to: chrisch70 (Feb 05, 2012 9:33 am)
Hi chrisch70. Volkswagen Credit's February buy rate lease money factor and residual value for a 36-month lease of a 2012 Passat 2.5L SE with sunroof, navigation and 15,000 miles per year are .00040 and 53%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#918 of 1184 Re: 2012 Passat Lease offer on VW website [chrisch70] by Car_man HOST

Feb 13, 2012 (5:31 pm)

Replying to: chrisch70 (Feb 05, 2012 9:46 am)
Hi chrisch70. Volkswagen is currently providing a $1,000 cash incentive on leases of the 2012 Passat S with the Appearance package. It's difficult to say exactly how large a dealer discount you will be able to negotiate on top of that in your area, but if I was in the market for this car right now I personally would shoot for a selling price of a couple hundred dollars over dealer invoice minus the $1,000 cash incentive. You can look up the invoice price of the exact car that you want by stopping by the New Vehicle Pricing section of Edmunds.com.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#919 of 1184 Re: 2012 Passat SE auto with Sunroof and Nav [mgkagan] by Car_man HOST

Feb 13, 2012 (5:35 pm)

Replying to: mgkagan (Feb 07, 2012 8:23 am)
Hi MGK. Volkswagen Credit's February buy rate lease money factor and residual vale for a 36-month lease of a 2012 Passat SE without nav or sunroof with 12,000 miles per year are .00040 and 55%, respectively for consumers who qualify for its top credit tier.
 
The $1,000 cash incentive on leases of this car is indeed still in effect.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#920 of 1184 2012 Passat SE by oldmil

Feb 18, 2012 (8:43 pm)

Just leased a 2012 SE w/ mats.
 
MSRP: $25,830
 
Initial Cap Cost: $23,113.21 (well below "invoice" plus I had about $1,000 negative equity in my subaru early lease trade so there is definitely room to work somewhere)
 
Adjusted Cap Cost: $23,155.19
 
Out of pocket: $1,450 to cover first month payment, acquisition fee, license, etc. plus $583.02 cap cost reduction.
 
Money Factor: .00040
 
Residual: 55%
 
Monthy payment: $263.51 plus $18.05 tax = $281.56/month, 36 mo., 12k/yr.
 
And.....they gave me an Ipad 2 ($499).

#921 of 1184 Passat SE 2012 W/O sunroof and Nav by namanan

Feb 20, 2012 (3:57 pm)

Hello Gurus/Car_Man,
I am thinking about leasing the Passat 2012 SE and just wanted to ask few questions.
 
Is the $1000 incentives openly discussed or is it hidden from the consumer?
How do you get the dealer to honor the deals that other people have received, for example there is somebody who got the SE at a great deal of $289/month for 36months with 12K.
 
If there is any information that you can share with me that will help me get a great deal I would appreciate it very much.
 
Thanks a lot.

#922 of 1184 Re: Passat SE 2012 W/O sunroof and Nav [namanan] by maxlev

Feb 20, 2012 (7:13 pm)

Replying to: namanan (Feb 20, 2012 3:57 pm)
Namanan --
 
There is a dealer in suburban Philadelphia that is currently offering the SE automatic for $259 per month with like $900 down (first month and bank fee) for a 36 month/10k per year. 12k per year will probably take the residual down from 56% to 54% or something like that based on what carman has said above. So, that $289 number should be well within range until the end of the month. My personal philosophy behind dealing with car dealers is to a) only talk price on the last weekend of the month (always looking to make monthly quotas) and b) don't accept an offer unless they are willing to let you walk out of the dealership and drive away without chasing you down with a better price or calling you like 5 minutes later. Stick to your guns and pay the fair price.

#923 of 1184 Passat SE 2012 with $0 down by namanan

Feb 22, 2012 (10:47 am)

So I just emailed a dealer to find out how much it would cost to lease a passat 2012 se with 0 down and he replied $399 for 10K miles/year. He did not mention the residual nor did he mention any money factor.
 
I don't think its a deal at all. I need help on ways to negotiate with this dealer when I do down there for the first time.
 
Any help will be greatly appreciated.
 
Thanks.

#924 of 1184 Re: Passat SE 2012 with $0 down [namanan] by mgkagan

Feb 22, 2012 (12:23 pm)

Replying to: namanan (Feb 22, 2012 10:47 am)
My girlfriend leased a Passat SE (White with Tan leatherette) about a week ago. She did no money down, 36month lease with 12k miles per year. The MF was 0.004 and the residual was 55% (56% for 10k). She paid the first payment when we picked up the car: $259+tax ($274.88) out the door. No other fees / costs at all. I am pretty sure this is a very agressive deal (I called around a lot). Most of the offers were around $330/mo. This is in FL.
 
Hope that helps. Let me know if you need more details.

#925 of 1184 Re: Passat SE 2012 with $0 down [mgkagan] by namanan

Feb 22, 2012 (1:02 pm)

Replying to: mgkagan (Feb 22, 2012 12:23 pm)
That's a very good deal. I am in Dallas, TX and there are around 3-4 VW dealers. Is there a way to have the dealer honor a deal that was offered in other states like the deal your girlfriend got? What the total selling price or the residual/buy out price?
 
It looks like there are others who also got great deals less than $300.
 
On the VW site they have the Passat S with appearance package for $219/month with $1999 down. They had $279/month with 0 down as well. For every $1000 you do not want to pay as down you pay $30/month in lease.
 
Thanks.

Messages Page 93 of 119

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