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Volkswagen Passat CC Lease Questions

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  • The lease on my 2010 CC Sport is ending in about 3 months. I've never leased a car before, so I don't really know what to expect. I know I will be forced to make a decision - turn over the car to VW or buy it. The purchase price per the lease docs is right around $14k.

    Question #1 - My car will have around 37,500 miles at the time of lease expiration. I will have no mileage overages; maybe be forced to pony up for tires and/or brakes. Would it be a good decision to purchase at this price?

    Question #2 - Given the above, does VW negotiate the residual purchase price, or do they stick to what is stated in the contract?

    Question #2a - Assuming they won't budge on the purchase price, what about getting them to certify the car with an extended warranty?

    Having never been through this process before, I'm not quite sure what to expect. Appreciate any feedback from those that have recently gone through a CC lease expiration process.

    Many thanks
  • Hi monacodk. Typically I've found that the end-of-term purchase prices on many leased vehicles tend to be on the high side. Of course, this varies from deal to deal. You should compare your car's purchase option price to the used vehicle value that is listed for this car over in the Used Vehicle Pricing section of Edmunds.com.

    You also should consider giving VW Credit, or whichever bank your deal is through, a call directly to see if they would be willing to negotiate your car's purchase price. I have seen banks work with customers in the past. It certainly doesn't hurt to ask.

    Car_man
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  • Leased 2013 CC Sport with Lighting package, Auto DSG, black interior and exterior (MSRP $32,550) , 15 K a year, 42 months including extended warranty from 36 to 52.5 K. The price is $313 a month with $1500 down ( all taxes and fees included). Don't know if it was a good deal.
  • I leased a 2013 VW CC Sport Plus for $365/month 36 months 12K/year 0 down.
  • Can I get the MF and residual for a 2013 CC sport plus for 36 months for 12k miles a year. Also is there any rebates and bonuses this month in southern california?
  • lepialepia Posts: 39
    Hello all,

    I have a 2012 lease. The lease is 15 months old. I only have 9200 miles and the car has no scratches.

    I would like to take advantage of the sign and drive event vw is offering.

    Is it possible to turn in my lease and get into a new one without any penalties, and making the same monthly payments as my current lease?

    Are there any incentives to VW owners and if yes, do these incentives apply to me?

    Let me know what to expect from the dealer and how to negotiate the deal,

    Thanks,
  • htsuhtsu Posts: 1
    Car_man,

    Help me with my first lease ever...please. Seems like a good deal to me, but I'm pretty clueless about all of this, even after lots of reading. Example: no idea what my MF is.

    2013 CC Sport Plus
    MSRP $34140
    Neg price $29838
    Residual $17078

    TX title/reg/inspection fees $120
    Doc fee $125
    Acq fee $625
    TX taxes $1864

    $379 @ 42 mos (all taxes and fees included)

    Many thanks...
  • Here's the information that you're looking for ogbuffguy. Volkswagen Credit's December buy rate lease money factor and residual value for a 36-month lease of a 2013 CC Sport Plus with 12,000 miles per year are .00001 and 52% for consumers who qualify for its top credit tier.

    There is indeed cash incentives on leases of this car right now, specifically Volkswagen is providing $3,000 on leases of the CC Sport and it's waiving the first month's payment as well.

    Nearly 0% interest plus three grand is a heck of a good deal on this car.

    Car_man
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  • Hi lepia. How long is your lease scheduled to run? After only 15 months I suspect that you are still very far away from its scheduled termination date. If that is indeed the case, it will most likely be fairly expensive for you to get out of your car right now. You probably will be better off waiting until you are closer to your current vehicle's scheduled termination date to get something new.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Greetings htsu. You've come to the right place. Let's take a look at the deal that you were offered. The car that you described probably has a spread of $1,400 or so between its full MSRP and its dealer invoice price. In addition to that, Volkswagen is currently providing a $3,000 cash incentive on leases of it right now. That's a total of around $4,400 to play with in your negotiations. That's pretty close to the discount that you were quoted, so it looks like you are getting this car for right around invoice...which is a good deal.

    Just make sure that the dealer that you are working with uses VW Credit's outstanding money factor of .00001 (top credit tier) to calculate your car's payment and you're in business.

    Car_man
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  • Car man,

    you seem very knowledgeable, I was wondering if you could help me figure out what kind of offer I can expect for a manual,

    I am looking for a cc sport 6m (invoice - 500) - $3000 incentive comes to 26675 negotiated price.

    MSRP is 31430

    reg + insp + title in MA comes to $154

    doc fee lets assume 200

    acq fee ? 625?

    tax rate .0625

    I am looking into sign then drive w/ 12000 miles, preferrably 36 months.

    what should my payment be in this case assuming best credit rating. If i have any more bit of info to provide let me know

    thanks!
  • Car_Man,

    what are the current MF and Residual for a CC Vr6 4Motion? I am looking for 36/42 months and 15k miles per year. I also understand there are some other incentives on this car--please share.

    Thanks!
  • jthiggsjthiggs Posts: 1
    edited December 2012
    Here is an offer I received for 42mo lease on CC Sport w/ Lighting. I want manual transmission and wish I could get navigation with this but not available til R Line comes in stock later in 2013.

    How good of a deal is this compared to other VW specials throughout year?

    0 Down, 49% Residual, 0.00001 money factor;
    32,205 MSRP, 30,790 Invoice
    My Price: 27,300, including 3k rebate. Monthly pmt is 320 after PA taxes and other fees.

    If I really want stick + nav - what do you think waiting til R line available will cost me?
  • Thanks imoumni. Let's crunch some numbers and see what we come up with. Using the lease program that runs through today, January 2nd, I estimate that a 2013 CC Sport Plus that has an MSRP of $31,430 and a selling price of $26,675 would have a 36-month, 12,000 mile per year, zero down, pre-tax monthly payment of around $288.

    Car_man
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  • Hi ibslates. Through January 2nd, Volkswagen Credit's buy rate lease money factor and residual value for a 36-month lease of a 2013 CC VR6 4Motion with 15,000 miles per year are .00008 and 49% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 42-month lease are .00008 and 45%.

    There's a $2,750 cash incentive on leases of this car right now.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car_man,

    thanks for replying, can you confirm to me that the residual you used was 54% and money factor 0.00001, also the acq fee was included in the monthly you quoted?

    Assuming I make the deal do they take care of that first monthly payment? Meaning I should only pay tax+title+inspection + doc fee?

    Im hoping these rates hold for january or else I will have to adjust.... How soon do we find out the january data?

    thanks again!
  • Hi imoumni. The money factor for this car is indeed .00001. The residual value for a 36-month, 12,000 mile per year lease of this car is 52%.

    I did not include the acquisition fee in the payment that I worked up for you.

    Volkswagen extended its December lease program through January 7th. It's difficult to say what this car's lease program will be like after that.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car_man,

    it looks like the cash offer is even better this month. One question I have is whether the money factor is still the same and residual for 36 months/ 12k miles.

    thanks!
  • atos2013atos2013 Posts: 2
    edited January 2013
    Hello Car_man,

    I am in the market for CC R-line in Southern CA. What would be the best deal on 36 month lease with 10k or 12k miles.

    Please need your help: What is the money factor, residual? Is any cash incentive that currently available? What do you think would be a monthly payment with 0 down? I have tier 1 credit score.
  • krpprkrppr Posts: 2
    I'd like to get a good, fair deal. I'm in southeastern PA, outside of Philly, not in Philly. I'd like to do a true ZERO down and have 12k a year. It really doesn't matter if it's 36, 39 or 42 months. I heard the deals now are fantastic. I'd like a low money factor and price obviously but I really don't know what others are paying. My credit is about 750.
    Thank you, in advance to the person who responds to this email!
    KRPPR :)
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