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2014 Volkswagen Passat Lease Questions

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  • kyfdxkyfdx Posts: 27,906

    @errepece said: Hi. I've been offered an SE with Sunroof for $338 a month, $0 down, 36 months, and 12,000 miles per year. State is New Hampshire. MSRP is $27,785 but selling price is almost $3,000 less than that. Do you think it's a good deal? Thanks in advance!

    There is either $3250 or $3000 of lease cash on this model, depending on whether it's a 2.5L or 1.8T model. So, your selling price should be lower by at least another $1000 more than that..

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  • bvdj84bvdj84 Posts: 1,721
    edited May 8

    Is that Passat running a better lease than the Jetta right now? These deals look better than the Jetta leasing program.

  • kyfdxkyfdx Posts: 27,906

    @bvdj84 said: Is that Passat running a better lease than the Jetta right now? These deals look better than the Jetta leasing program.

    A little better on the Passat. Lower residuals than the Jetta, but more lease cash and lower money factors.

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  • brit67brit67 Posts: 12

    Could you give me MF, residual and any lease cash for 2014 Passat 1.8T SEL Premium for 36 months, 12K . Also same info. for 2014 Passat 2.0L TDI SEL Premium. Thanks

  • mal73mal73 Posts: 1

    First of all, thanks for this very informative forum and info., kyfdx.

    I'm thinking about leasing the 2.5 SE with sunroof for 36 months, 10k miles/year. It's MSRP'ed at just under $27k. I'm wondering about residual value and money factor, as well as what I might expect to get on actual selling price with lease incentives and general negotiation factored in. Any help much appreciated!

  • kyfdxkyfdx Posts: 27,906

    @brit67 said: Could you give me MF, residual and any lease cash for 2014 Passat 1.8T SEL Premium for 36 months, 12K . Also same info. for 2014 Passat 2.0L TDI SEL Premium. Thanks

    .00005 MF and 49% residual. $3000 lease cash, on 1.8T SEL

    .00043 MF and 54% residual on the TDI. No lease cash.

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  • ajames8774ajames8774 Posts: 9

    Looking to Lease a 2014 Passat 1.8T SE - Have been quoted $23,308 - does not include tax, title and license. Does include $133 doc prep - What should the MF and residual be? Dealer is in South Eastern PA I'm in Jersey so will have to pay Jersey Tax I believe. Right now they are offering $319 Monthly payment - $0 down - 36 Months - 12K Mileage per Year. Thanks.

  • MichaellMichaell ColoradoPosts: 3,597

    @ajames8774 said: Looking to Lease a 2014 Passat 1.8T SE - Have been quoted $23,308 - does not include tax, title and license. Does include $133 doc prep - What should the MF and residual be? Dealer is in South Eastern PA I'm in Jersey so will have to pay Jersey Tax I believe. Right now they are offering $319 Monthly payment - $0 down - 36 Months - 12K Mileage per Year. Thanks.

    .00046 and 52%

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  • ky1962ky1962 Posts: 12
    Didnt know if the email would work so ill post it here also. I don't think im getting that good of a deal. What do you think? 14 se w/sun 2.5 36m 15k zero down 375 a month. Thats at .00029 and 46%. Selling price is 23446.

    The other one is is a 14 tdi sel premium 36m 15k 800 down which cover first payment and whatever else. 508 a month at .0063 and 52% selling price is 33200

    I think I'm getting hosed quite a bit.

    Any help will be really appreciated
    Thanks
  • ky1962ky1962 Posts: 12
    Ideally i would like to have a 14 tdi se w/sun for under 375. What is the mf and r% for that car at 36m and 15k. Is that a feasible monthly payment#?
  • MichaellMichaell ColoradoPosts: 3,597

    @ky1962 said: Didnt know if the email would work so ill post it here also. I don't think im getting that good of a deal. What do you think? 14 se w/sun 2.5 36m 15k zero down 375 a month. Thats at .00029 and 46%. Selling price is 23446.

    MF and residual for the Passat SE 2.5 is .00009 and 46%. Dealer is marking up the MF on you for extra profit. I'd need to know the MSRP of the car in question to run the numbers for you.


    The other one is is a 14 tdi sel premium 36m 15k 800 down which cover first payment and whatever else. 508 a month at .0063 and 52% selling price is 33200

    TDI is .00043 and 52% - again, dealer is marking up the MF on you.


    I think I'm getting hosed quite a bit.

    The numbers I'm quoting for MF assume top tier credit.

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  • kyfdxkyfdx Posts: 27,906

    @ky1962 said: Ideally i would like to have a 14 tdi se w/sun for under 375. What is the mf and r% for that car at 36m and 15k. Is that a feasible monthly payment#?

    .00043 MF and 52% residual.

    Appears that your dealer likes to mark up the money factors by .00020 (assuming you have top tier credit).

    The TDI doesn't have any incentives, but the SE/2.5 has $3250 of dealer lease cash. I think your dealer is trying to take advantage of you.. If you have an MSRP, we can at least take a guess at what a decent payment would be. If you know the selling price, you can see where there is negotiating room..

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  • ky1962ky1962 Posts: 12
    Msrp of the se/2.5 is 27310 per the dealers website. But the car originaly had rear DVD in both headrests. They said they took it out and put it in another car. http://www.donjacobsvolkswagen.com/VehicleDetails/new-2014-Volkswagen-Passat-4dr_Sdn_2.5L_Auto_SE_w/Sunroof_*Ltd_Avail*-Lexington-KY/2046678433
  • MichaellMichaell ColoradoPosts: 3,597

    @ky1962 said: So that 3250 dealer cash would be good for this car also? http://www.donjacobsvolkswagen.com/VehicleDetails/new-2014-Volkswagen-Passat-4dr_Sdn_1.8T_Auto_SE_w/Sunroof_&_Nav-Lexington-KY/2197483163

    Lease cash on the 1.8T SE is $3000.

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  • ky1962ky1962 Posts: 12
    The msrp of the se tdi w/sun is 29730
  • ky1962ky1962 Posts: 12
    null
    Could you work the numbers on this car at 36m 15k vs the se tdi 36m 15k
  • ky1962ky1962 Posts: 12
    Tried to quote didn't work.
    Se 1.8t w/sun w/nav msrp 29360
    And se tdi w/sun msrp 29730
    Both 36m 15k
    Thanks
  • MichaellMichaell ColoradoPosts: 3,597

    @ky1962 said: Tried to quote didn't work. Se 1.8t w/sun w/nav msrp 29360 And se tdi w/sun msrp 29730 Both 36m 15k Thanks

    What are the negotiated selling prices of both the 1.8T SE and TDI SE? Do you know if those negotiated prices include the lease cash?

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  • ky1962ky1962 Posts: 12
    I Dont really know. I did get quotes for the se 2.5 and the tdi premium. The se 2.5 selling price was 23446 but the gross cap cost was 24071. 455 doc fee 625 acquisition fee. The msrp was 27310 but like i said the car had rear DVD head rests that they took out and put in another car. So i would think the msrp should be less then 27310

    The tdi premium was 33200 455 doc fee 625 acquisition fee. Gross cap of 34270 Msrp 34460
  • nyccarguynyccarguy Stamford, CTPosts: 7,458

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  • MichaellMichaell ColoradoPosts: 3,597

    @ky1962 said: I Dont really know. I did get quotes for the se 2.5 and the tdi premium. The se 2.5 selling price was 23446 but the gross cap cost was 24071. 455 doc fee 625 acquisition fee. The msrp was 27310 but like i said the car had rear DVD head rests that they took out and put in another car. So i would think the msrp should be less then 27310

    Using your gross cap cost and MSRP with the MF of .00009 and residual of 46%, I calculate a pre-tax payment of $322.97

    The tdi premium was 33200 455 doc fee 625 acquisition fee. Gross cap of 34270 Msrp 34460

    With these numbers and MF of .00043 and residual of 52%, I get a pre-tax payment of $476.63.

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  • ky1962ky1962 Posts: 12
    What would be a good selling price for the tdi with a msrp of 34460,
    Se 2.5 msrp 27310
    Se 1.8t msrp 29360
    Se tdi msrp 29730
  • MichaellMichaell ColoradoPosts: 3,597

    @ky1962 said: What would be a good selling price for the tdi with a msrp of 34460, Se 2.5 msrp 27310 Se 1.8t msrp 29360 Se tdi msrp 29730

    You can check the "Passat Prices Paid" forum for that kind of information - I'm not in the market, so I don't know.

    Start at invoice minus any lease cash and see if the dealer bites.

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  • ky1962ky1962 Posts: 12
    I'm assuming you can take 3000 right off he top of the 1.8 and 3250 off the 2.5? Then is there still dealer negotiation room?
  • ky1962ky1962 Posts: 12
    Thanks alot
  • MichaellMichaell ColoradoPosts: 3,597

    @ky1962 said: I'm assuming you can take 3000 right off he top of the 1.8 and 3250 off the 2.5? Then is there still dealer negotiation room?

    I'd work from the other direction. Find out the invoice price using the Edmunds pricing tools at the top of the page, then subtract the lease cash from that number and present the offer to the dealer.

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  • ky1962ky1962 Posts: 12
    Thanks guys for the help. I think I ended up getting a pretty decent deal. 14 se 2.5 with sunroof msrp 27310. Got the selling price down to 22284. 36m 15k zero down 35 payments left for 325 a month includes lease and 6% sales tax. They still ended up using a mf of .00019 instead of .00009. It seems like they ended up going below inovice on the selling price. Using edmunds info invoice is 26115 and as of yesterday the total dealer cash was 3750 because of a 500 additional incentive from vw. The TMV was 26075 and I ended up under the TMV minus the total incentives. I guess they are making there money on the fees and hold back. Who knows what other incentives vw is giving the dealer tho.
  • philnyc1philnyc1 Posts: 7
    Hi - I am looking to lease a 14 passat v6 SEL Premium. They are giving me a monthly payment of 389 based off a 30k selling price, .00018 Mf, and 47% residual. This is a 12k miles lease for 36 months, upfront payment of 2000 for TTL, doc fees, acq fees.

    Is this good?
  • newcar3178newcar3178 Posts: 8
    Looking for MF and residuals for a 2014 passat SE with sunroof and navi 36 mth / 10k and 39 mth / 10k miles, respectively.
    Also, looks like the incentive this month for this car is $3000 - is that correct? Thanks so much!
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