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Volkswagen Passat CC Lease Questions

170 messages,  Last post on Nov 25, 2009 at 4:00 AM

You are in the Volkswagen Passat Forum. Your Hosts are pat & karens

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

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#104 of 170 Re: CC VR6 Sport [mpass] by Car_man HOST Jun 22, 2009 (2:06 am)
Replying to: mpass (May 14, 2009 12:33 pm) Here you go, mpass. VW Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2009 CC VR6 Sport with 15,000 miles per year are .00030 and 40%, respectively. When negotiating your lease on this car, make sure to take advantage of the $2,000 cash incentive that VW is currently providing on leases of it.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#105 of 170 Re: CC Sport Lease #s [mel10021] by Car_man HOST Jun 22, 2009 (2:08 am)
Replying to: mel10021 (May 18, 2009 6:39 pm) Hello mel10021. Here's the info that you're looking for. VW Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2009 CC 2.0T Sport with 10,000 miles per year are .00122 and 51%, respectively. What you heard about the $1,000 cash incentive on leases of this car is correct.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#106 of 170 Re: May Lease Rates [drg8cc] by Car_man HOST Jun 22, 2009 (2:15 am)
Replying to: drg8cc (May 21, 2009 11:02 am) Hi drg8cc. VW credit's current buy rate lease money factor and residual value for a 36 month lease of a 2009 CC VR6 Sport with 15,000 miles per year are .00030 and 40%. As you can see, this car's actual money factor is quite a bit lower than the one that you were quoted. Make sure to insist that the dealer uses the buy rate to calculate your payment.   The $2,000 cash is still around.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#107 of 170 Re: Extended Warranty - CC [mel10021] by Car_man HOST Jun 22, 2009 (2:23 am)
Replying to: mel10021 (May 27, 2009 8:51 am) Hi mel10021. The monthly payment on a 48 month lease of a 2009 CC will definitely be cheaper than the payment on a 36 month lease. The exact difference will vary depending upon the price of the car that you're interested in, but we're probably talking about somewhere in the vicinity of $30 per month or so.   If you really feel as though your life will not change over the next four years, i.e you won't have any children, your commute to work won't change significantly, you won't just get sick of your car, then leasing for 48 months might be an option for you. I personally try to limit my leases to 36-39 months.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#108 of 170 Re: Volkswagen CC, VR6 4Motion CC [psl25201] by Car_man HOST Jun 22, 2009 (2:31 am)
Replying to: psl25201 (May 27, 2009 7:47 pm) You're very welcome, psl25201. I'm glad that you enjoy this forum so much. Let's take a look at the deal that you were quoted. The residual value that you were quoted is right on the money, but the money factor is missing a zero. I assume that the money factor difference was probably a miscommunication, but make sure that you are really being charged .00030 rather than .00300. There's a huge difference.   The best way to get a good deal on a leased vehicle is to negotiate the lowest possible selling price on the vehicle that you are interested in. It's great that you know what this car's dealer invoice price is and about the available cash incentive, but are you being charged invoice? If not, how much are you being charged. Make sure to find out before finalizing this deal. Once you know, feel free to stop back here and let us know and we'll gladly tell you what we think,   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#109 of 170 Re: June lease info [nhbanker] by Car_man HOST Jun 22, 2009 (2:36 am)
Replying to: nhbanker (Jun 01, 2009 4:52 pm) Greetings nhbanker. Here's the details of the June program. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2009 CC 2.0T Sport with 15,000 miles per year are .00122 and 48%, respectively.   15,000 miles per year is the highest residual value 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 would be to wait until lease-end and have to pay an excess mileage penalty.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: brino1 (Jun 22, 2009 8:57 pm) brino1 (Jun 22, 2009 11:47 pm) vwgreg (Jun 23, 2009 1:02 pm) Car_man (Jul 10, 2009 2:17 am) bvdj84 (Jun 23, 2009 4:27 am) Car_man (Jul 10, 2009 2:11 am)
#110 of 170 Re: June lease info [Car_man] by brino1 Jun 22, 2009 (8:57 pm)
Replying to: Car_man (Jun 22, 2009 2:36 am) I am considering a 36 month lease for the Luxury 2.0T Auto for $265/month, $4200 down. Is this a good deal? I have a 2001 Jetta 1.8T to trade that isn't factored in to the lease at this point. Is this a good deal? Any suggestions on negotiating? Thanks! Replies to this message: brino1 (Jun 22, 2009 11:47 pm) vwgreg (Jun 23, 2009 1:02 pm) Car_man (Jul 10, 2009 2:17 am) bvdj84 (Jun 23, 2009 4:27 am) Car_man (Jul 10, 2009 2:11 am)
#111 of 170 Re: June lease info [brino1] by brino1 Jun 22, 2009 (11:47 pm)
Replying to: brino1 (Jun 22, 2009 8:57 pm) Also, how do the Volkswagen Credit numbers affect my negotiation? Are those numbers that the dealer should be able to match? Should I be able to negotiate lower than the Volkswagen Credit numbers? Thanks for your help! Replies to this message: vwgreg (Jun 23, 2009 1:02 pm) Car_man (Jul 10, 2009 2:17 am)
#112 of 170 Re: June lease info [brino1] by bvdj84 Jun 23, 2009 (4:27 am)
Replying to: brino1 (Jun 22, 2009 8:57 pm) If your looking at the payment to determine a good deal, well your looking at the wrong number. Look at what your putting down! That is a huge chunk of money. You must look at your sale price on the model, look at the lease terms, leave out your trade in until the last minute.   You better love that lease, keep it the whole term, your already investing so much into it if you put that much down. Which defeats the whole purpose of signing and driving a lease. If the lease doesn't look good on a $0 down, perhaps its not a very good car to lease now.   Just be careful, but be advised to not put that much down on any lease.   Payment always look good in print, but reading the fine print, it quickly brings you back to reality. $1k=approx $25 off your payment.   Good Luck!
#113 of 170 Re: June lease info [brino1] by vwgreg Jun 23, 2009 (1:02 pm)
Replying to: brino1 (Jun 22, 2009 11:47 pm) the only number that the dealer can tweak is the top line figure. the residual and the money factor are set by vw credit. just ask the dealer to show you the top line figure, the residual and the money factor. all the math should be transparent.

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