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Volkswagen Passat Lease Questions

1199 messages,  Last post on Jun 08, 2013 at 9:10 AM

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

Messages Page 120 of 120

#1190 of 1199 Re: S lease continued [bossman141] by irg2

May 24, 2013 (8:01 pm)

Replying to: bossman141 (May 24, 2013 7:36 pm)
Yeah if my budget wasn't so tight, I'd go for the SE model or even the 3.6 SEL. But truth is, I live in a small college town with too much traffic as it is, and my top speed (legal anyways) limit anywhere around is about 45 mph. I have 25k miles on my Camry after 3 years, and I even used my car for quite a few business trips, otherwise I'd probably have barely 15k on it, my commute is a whopping 5 miles one way.
 
The free maintenance is nice, but you're right, in the end it isn't much. Except on my Honda Odyssey (also lease), I had the service at 15k which I wasn't paying attention to, thinking it was another oil change maybe tire rotation, instead it cost me almost $500, none of it covered. I have spent $0 on my Camry, all maintenance was covered for 2 years, and then they just covered the last minor maintenance for free. I'm guessing the 30k miles service on a Toyota might cost more. Guess we won't have to worry about it with the Passat at all, which is nice. Does that also include a service like AAA? Nice for peace of mind, especially on longer trips.

#1191 of 1199 Re: S lease continued [irg2] by bossman141

May 25, 2013 (8:56 am)

Replying to: irg2 (May 24, 2013 8:01 pm)
Roadside is included.
 
Just felt that I got the most car for he money with the Passat.
 
But, remember I ne ver looked at the new Accord.
 
Hope I was able to help.

#1192 of 1199 Purchase price for he lease? by billy290

May 28, 2013 (3:04 pm)

Car Man, I looked through the forum and did not see, although it may be there, good answers to the questions I have. I am about to lease the Passat SE w/Sunroof and have both the residual value and money factor for a 3 yr, 30K mile lease. But what I need to know is exactly what price I should be asking for from the dealer. I have used the TMV tool and can see what is a good price for central Indiana, but I am unsure what this includes. My question is this; Does the TMV include the current $2000 incentive from Volkswagen? If not, how close to the TMV should I expect to get? I want to get the best price I can because we have about $4500 in equity in our trade and getting a good price will help drop the payment as low as possible. Thanks! Billy290

#1193 of 1199 Re: Purchase price for he lease? [billy290] by Car_man HOST

May 29, 2013 (3:30 pm)

Replying to: billy290 (May 28, 2013 3:04 pm)
Hi billy290. The Passat is a very high volume vehicle. If I was in the market for one in an area that has a decent level of competition, I personally would shoot for a selling price of a couple hundred dollars over dealer invoice minus the available $2,000 cash incentive for leases of this car. VW is waiving the first month's payment on leases of this vehicle right now as well.
 
You mentioned that you have $4,500 in equity in your trade. That's excellent and there's nothing wrong with trading your vehicle in when you lease a new one, however...it would be in your best interest to have the dealer cut you a check for that equity rather than using it as a down payment for your lease. I always advise consumers to put as little money down as possible on leases. Consumers who make large down payments risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, it's much safer to go with a zero down lease.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#1194 of 1199 comparing passats by pblx3

May 29, 2013 (7:19 pm)

Hi Carman,
We are debating between the TDi and the V6 Passat. Would you be able to provide the May money factor and residual for the SEL Premium for each type? We are looking for 36 months 12,000 miles per year, although I know that VW sometimes offers a 39 month option instead and that would be fine too, if it is better. Also, are there other incentives for each car, as well? Thanks so much!
 
Patti

#1195 of 1199 2013 Passat TDI SEL Residuals/Money Factors by go2ucla

Jun 01, 2013 (1:06 pm)

Hi Carman,
 
Would you mind posting the 2013 Passat TDI SEL residuals and money factors for a 24 month and 36 month lease with 12,000 miles per year? I am leaning toward the 24 month lease but I might consider a 36.
 
Also, do you know if I choose not to pursue the 39 month special VW lease with 0 down, is VW waiving the security deposit and the bank acquisition fee? I don't know how much these are, but it would be good to know. Or do I need to negotiate those with the dealership?
 
Thank you.

#1196 of 1199 Passat lease by yesdog99

Jun 03, 2013 (7:52 pm)

Hi,
 
Can you post the June money factor and residual for a 2013 Passat SE lease?
I only have payment info on what I was offered today. I am trading in 5 months early, out of a Jetta lease. The Jetta has 50600 miles (5600 over lease) on it. So to get out of the Jetta and into a Passat SE with 18,000 miles a year for 39 months, the payment would be 398 per month, no money down.
Anyone know if that sounds reasonable?

#1197 of 1199 Re: comparing passats [pblx3] by Car_man HOST

Jun 08, 2013 (8:59 am)

Replying to: pblx3 (May 29, 2013 7:19 pm)
Hi Patti. Volkswagen Credit's current buy rate lease money factor and residual value for a 39-month lease of a 2013 Passat SEL with 12,000 miles per year are .00007 and 50% for consumers who qualify for it top credit tier.
 
The numbers for an otherwise identical lease of a '13 Passat TDI are .00143 and 55%.
 
39-months is the way to go because that is one of the terms that Volkswagen is waiving the first month's payment for.
 
There's a $2,000 cash incentive on leases of the SEL but nothing on the TDI model.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#1198 of 1199 Re: 2013 Passat TDI SEL Residuals/Money Factors [go2ucla] by Car_man HOST

Jun 08, 2013 (9:06 am)

Replying to: go2ucla (Jun 01, 2013 1:06 pm)
Certainly go2ucla. Volkswagen Credit's June buy rate lease money factor and residual value for a 24-month lease of a 2013 Passat TDI with 12,000 miles per year are .00143 and 63% for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical 39-month lease are .00143 and 55%.
 
I posted the 39-month numbers because that is one of the terms that the current first payment waiver offer is available for.
 
Volkswagen is currently waiving its security deposit requirement on leases, however it is not waiving VW Credit's $625 acquisition fee. They are just rolling it into vehicle's capitalized costs to make it part of the payment rather than collecting it in cash at signing.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#1199 of 1199 Re: Passat lease [yesdog99] by Car_man HOST

Jun 08, 2013 (9:10 am)

Replying to: yesdog99 (Jun 03, 2013 7:52 pm)
Hi yesdog99. Volkswagen Credit's June buy rate lease money factor and residual value for a 39-month lease of a 2013 Passat SE with 15,000 miles per year are .00007 and 48% for consumers who qualify for its top credit tier.
 
I think that 15,000 miles per year is the highest mileage allowance that VW Credit publishes residual values for. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 120 of 120

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