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Sedans Volkswagen Passat Volkswagen Passat: Lease Questions
752 messages, Last post on Nov 30, 2009 at 5:44 PM
You are in the Volkswagen Passat Forum. Your Hosts are pat & karens
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Thank goodness for this forum - we are considering a lease on a 2008 Passat Komfort. - after reading this forum I've decided the dealer is overcharging me somewhere by a fairly serious amount - any advice? msrp - 28,900 downpayment - 2500 tax,title, tags -1300 residual - 41% (you read that right) money factor - .00182 term - 48 months payment - $380 I'm going to lay it on the line to this guy , or I'm driving up to NJ to talk to the guy thats selling jetsfan2 his car 
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Replying to: kris113 (Aug 26, 2008 8:59 am) Try Bayside VW in Queens NY> they gave me a great deal for a Passat Lux. |
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I had a 36 mo lease on a 2006 Passat 2.0T. It was in 2 accidents. Both repaired at the dealer. My insurance company gave me 2 dimminished value payments totaling $2800. The checks are made out to me and VW Credit and I signed then over and was told this would be applied to the resiual value at lease end. Well, at lease end they would not apply them to the residual value or lower the buyout price of $16,000. So they will be getting back a car with a bad carfax to try to sell. They were civil (but I would not say polite) on the phone. I did speak to a supervisor. I guess the car market is better than the newspapers say.But I was at 5 (non VW) dealers this weekend and the showrooms were far from full. My advice is: if you get a diminished value check just send it back to the insurance company and ask them to lower the increase in your premium. As far as the car goes, I liked it a lot. |
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I leased a 2008 Passat Komfort from Jim Ellis VW Marietta, GA. They replied to an email quote request promptly.The experience was seamless and no surprises or changes from the email quote. The entire staff was professional, friendly and businesslike. I do recommend them.Time in dealer: under 2 hours. 24 mo 12k MSRP $28775 Purchase price $25995 (included 1k loyalty cash from the dealer) Residual 57% ($16401.75) MF .00018 Inception fess $411.02 (1st pymt + tag,title and reg.) Drive off costs $411.02 Monthly payment $406.31 pymt + tax =$434.75
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Replying to: gadom (Sep 01, 2008 2:32 pm) Due at Signing is 908 ( !st payment, tags and the CT state conveyance fee) They agreed to make the last lease payment on my current lease Audi A4 (494.48). So acutal due at signing is $413.52 3 years 15K per year with maintanence included (it's an 09, new from VW) $428 a month was good enough for me!! |
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Hi Car_man, I am a first time car buyer/leaser and have been doing a fair amount of research here on the boards. I've decided to lease and am interested in leasing a 2008 Passat Komfort 2.0T for 36 (or 39 if applicable) months with 12,000 miles per year. Can you give me the current buy rate lease money factor and residual value for this lease type? Two other questions.. Through my job I have a VW-Supplier purchase certificate which guarantees dealer invoice; Do you think one can still negotiate a better selling price with this on the table or is this as good as I will probably get? And finally, is VW still offering a $1,500 cash incentive on leases of the 2008 Passat 2.0T Sedan through VW Credit? And if not are there any current incentives? Thanks for the help and information!
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Car_man, This correction is for my post above ^^^^^^ I would actually prefer the numbers for a 15,000 mile lease. |
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Replying to: kris113 (Aug 26, 2008 8:59 am) When negotiating your car's selling price, keep in mind that Volkswagen is providing a $500 cash incentive on leases of this car right now. Once you know the MSRP and selling price of the exact car that you want, stop back and post them here. I am sure that either myself or another helpful community member will be happy to use them to work up a sample lease payment for you. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: nudnk (Aug 29, 2008 2:20 am) The lease program that the dealer is using is OK, but you never mentioned this car's selling price. This is a very important number to find out. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without knowing what this car's selling price is, it's difficult to tell how good your deal is. Find out this number and share it with us here. I am sure that either myself or another community member will be happy to give you their opinion on it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: gadom (Sep 01, 2008 2:32 pm)  ! Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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