Last post on May 22, 2013 at 5:49 AM
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Volkswagen Passat, Car Leasing, Sedan, Wagon
#945 of 1185 Lease of 2012 Passat: Deal Feedback? Get Lease Excess Wear Protection?
Mar 18, 2012 (2:49 pm)
Yesterday, (March 17, 2012) my wife and I leased a 2012 Passat S with Manual Transmission. Here are the numbers:
2012 S with Manual, Rubber Floor Mats, Reflex Silver with Black Cloth Seats
36 month/15k miles per year
Gross Capitalized Cost: $19008.09
Plus Destination Charge: $625
Lease Rebate: $1250
Trade: $1839 (2000 Honda Accord with 185000 miles)
Adjusted Capitalized Cost: $18231.73
Residual: $11071.70 (= 53% of MSRP $20890)
Money Factor/Rate: 0.00013 (this seemed very good, there are no extra zeros in there)
Cash Down: $0
Monthly payment: $202.70 + Tax
Disposition Fee: $350
Since we are brand new to leasing, and the negotiations seemed hard, I would be grateful for some feedback on how we did.
The dealer gave us until tomorrow to decide whether we wanted to add Lease Excess Wear Protection for $599 plus tax for three years. We tend to be easy on our cars, but you never know... Should we get it?
Today, I did feel upset that my exhausted brain totally forgot to ask about gap insurance and this morning I noticed on the contract that the "Gap Waiver or Gap Coverage" box is checked and N/A is entered for Term, Coverage, and Price. Does that mean that, like a complete idiot, I waived free Gap Coverage? I noticed on page 2 of the following VW Credit website/PDF it should be "Included." Did I get hosed?
http://www.google.com/url?sa=t&rct=j&q=&esrc=s&frm=1&source=web&cd=4&ved=0CGUQFj- AD&url=http%3A%2F%2Fwww.vw.com%2Fcontent%2Fmedialib%2Fvwd4%2Fus%2Feditorial%2Ffi- nancial-services%2Fdownloads%2Fpdf-downloads%2Fvolkswagen_credit_branded_product- s%2F_jcr_content%2Frenditions%2Frendition.download_attachment.file%2Fvolkswagen_- credit_branded_products.pdf&ei=rVZmT9icFIfp0gHDrLCmDQ&usg=AFQjCNHdXkQbZMd1lQ-6a1- lGOS_BmmUhbw&sig2=97_eVqc9zbxOH8N8PI_zgg
Mar 20, 2012 (5:03 pm)
i was shopping the passats, leases on the tdi are really expensive! do you please have the mf / residuals for 36 month, 15k/year leases on passat 2.5 SE w/ sunroof, and also passat TDI SE w/ sunroof?
#947 of 1185 2012 V6 SEL Premium residual and MF
Mar 24, 2012 (10:13 am)
Hi Car Man,
I am getting ready to negotiate on a 2012 Passat V6 SEL Premium. Do you know how much the residual value is with 15K miles per year (3-year lease)? Also do you know what the money factor and incentives are for March? I'm located in Southern Calif. Thank you.
#948 of 1185 Lease for 36mos 12K miles
Mar 27, 2012 (6:29 pm)
Hi, just spoke to a few dealers and it looks like i can get a 2012 passat sel for $383 (includes everything..tax, tags) with $604 down for 36mos, 12K miles. How does this sound?
#949 of 1185 Leasing 2012 Passat SE
Mar 31, 2012 (8:47 am)
Hi Car man. This will be the sixth lease that you have provided valuable assistance to me. I am a returning VW Lease Customer. I will be looking to lease a 2012 Passat SE Automatic without Sunroof. The MSRP on this car is $25,830.
The information I need to proceed is as follows:
As a returning VW customer, am I required to pay a $625. acquisition fee? Is this a VW Credit Fee or a dealer addon?
What is the invoice price on this car and what amount over invoice should I consider to be an appropriate amount to pay?
What factory rebate or lease incentive reduction should I expect?
I am looking for a 3 year or 39 month, 15,000 mile per year lease. What is the money factor and residual under this type lease.
I think that based upon what you have taught me in the past, the answers to the above would help me proceed. However, if there is anything I forgot to ask, please include that information too. Thanks very much.
#950 of 1185 Re: Passat SE 2012 with $0 down [bhggnbthm]
Mar 31, 2012 (9:20 am)
Hi i am looking for a SE with sunroof now too. You said you get 22,500 deal with 0 down. What is your monthly payment. I am trying to get $276/month with all fees and tax including. Do you think its possible?. I am in CA an tax is 7.75% here. Plz let me know asap.
#951 of 1185 value of undermileage at lease turn in
Mar 31, 2012 (2:18 pm)
There was one thing I forgot to ask in my above inquiry. I am turning in a Jetta SE with 39,000 miles on an originally negotiated 45,000 lease. Is there any value to me for the under mileage that I can recoup from VW Credit or the VW dealer upon turn in and lease of another VW?
#952 of 1185 Passat SE with Sunroof and NAV
Apr 02, 2012 (11:25 am)
Here is my deal: I just got on 03/31/12 Lease Passat SE 2,5L (black/beige) with sunroof and NAV. with $658 down (first month + license fee) and $279/month (including tax) x 35 month with 12k miles. I think it's awesome deal.
#953 of 1185 Passat SE with Sunroof and Nav
Apr 02, 2012 (3:23 pm)
atos2012: That is an awesome deal for sure. Would you mind sharing with me some additional information? In what state do you live as it relates to lease tax. In PA we pay 9% on the monthly lease payment.
Can you provide from your deal:
Any VW incentives?
Apr 03, 2012 (8:35 am)
15k / year, 36-month
$560 out of pocket at signing (1st / fees)
$311.23 / month (includes 6% tax)
got this last week, before end of month - VERY happy with the vehicle so far (except highway road noise)