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2013 and earlier Volkswagen Passat Lease Questions

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  • bossman141bossman141 Posts: 53
    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.
  • billy290billy290 Posts: 2
    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
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    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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  • pblx3pblx3 Posts: 3
    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
  • go2uclago2ucla Posts: 8
    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.
  • yesdog99yesdog99 Posts: 7
    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?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    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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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    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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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    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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  • gambrillgambrill Posts: 10
    Could you please post V6 SE and V6 SEL Lease numbers with incentives for June Sign Then Drive promotion?

    Thanks in advance.
  • gambrillgambrill Posts: 10
    I forgot to add, 12k miles per year.
  • sgangwanisgangwani Posts: 2
    Hi carman and other members

    I got the following lease offer for passat SE with nav and sunroof.
    320 per month with for 15k miles per yr for 39 months.the dealer in ct are not coming down any more. Is this a good deal.
    Residual 48% and final price offered = 24,328.

    I have to return my accord this week and therefore I have to finalize the deal soon. Will appreciate your quick response..

    Thank you
  • lavjrlavjr Posts: 6
    Hi guys I receive the following offer is it a good deal please?

    Sales: $27,420
    Residual: 55%
    Money Factor .00173
    Inceptions $1,495
    Payment $377 plus tax
    39 months
    12,000 miles per year
    MSRP 29,680

    He had quote me $24608 if I buy instead of leasing.

    Thank you,

    Luiz
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Sure gambrill. Through July 8th, Volkswagen Credit's buy rate lease money factor and residual value for a 39-month lease of a 2013 Passat V6 with 12,000 miles per year are .00061 and 50% for consumers who qualify for its top credit tier.

    When negotiating your deal on this car, make sure to take advantage of the $2,000 cash incentive on leases of this car.

    Car_man
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  • phaltrazphaltraz Posts: 6
    Hi Car_man,

    Would you please post the most recent Money Factor and Residual on a Passat TDI SEL Premium with 15k miles and 36 or 39 month lease?

    Thanks!
  • steverstever YooperlandPosts: 40,181
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  • u2maureenu2maureen Posts: 2
    Dear CarMan,

    I am trying to decide whether to purchase or lease the 2013 VW Passat SE. I usually hold onto my cars for 7-10 years but my fiscal situation is a bit different & cash flow might be an issue in the future so a lease might be more attractive. However, with 0% interest on the 2013 models it seems like a better deal to buy.

    However, my quandary is that I would like to wait till the new 4 cylinder engine is rolled out to the 2014 Passat SE but I don't think my current car will make it. I would buy that car (2014 SE with new engine and hopefully they will add remote start to that trim level too) outright and keep it for at least 7 years. Since I can't wait I was wondering if leasing the 2013 for 3 years would be a better move. I am nervous about the resale value of the 2013 dropping dramatically based on VW's plans to switch engines on most trim levels beginning in 2014 and thought that maybe leasing was better for that reason. What are your thoughts?

    I would like to purchase or lease by the end of July 2013, preferably this weekend. I live in the Boston, MA area. Could you please advise what the money factor and RV would be for a 36 month and a 48 month lease? Until I read your online posts I knew nothing about leasing and I really don't know much and am nervous of making a huge fiscal mistake. Any suggestions would be much appreciated. Sorry to be so naive about the process.

    Thank you for your time and consideration......and patience!
  • tslatsla Posts: 11
    hi u2

    I'm kind of in the same position as you, also the 2014s won't be available until mid to late Sept I'm hearing as well, tho I believe the 2013s came out in August. :(
  • Ok so a local dealer here in so cal offered me a lease on a 2013 SE auto, nav/sunroof 36mo, 12k a year, $500 down, $299.00 month calif taxes included,

    Ideas suggestions......good bad ugly???

    Anyone have August 2013 MF and residual, also any other incentives or anything available on this model for so cal.

    Thanks
  • tslatsla Posts: 11
    hey all, anyone have the numbers of the 2014 Passat SE for September, or any experiences for the month? will be heading into the dealership this weekend to start negotiating
  • im interested as well!
  • Does anyone know the residual and money factor for a 2013 VW Passat V6 SEL Premium for this month, September 2013?

    It seems like last month VW had a great incentive on this car $3,250 cap reduction, plus a $500 Labor Day bonus cash for dealers. I missed that last week, but can't find the new numbers for September. Do they usually provide incentives only at the end of the month because all the incentive columns here on Edmunds are blank right now?
  • kyfdxkyfdx Posts: 28,014
    The 2014 Passat 2.5L SE has a residual of 51% for 36mo, 15K mi/yr..

    MF = .00030

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  • kyfdxkyfdx Posts: 28,014
    .00027 and 48%.. Looks like the $3250 lease cash is still there..

    36 month, 15K mi/yr..

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    Prices Paid, Lease Questions, SUVs

  • Thanks for the information. I'm glad the lease cash is still there. I was looking at a 36 month, 12K mi/yr lease so the residual is 50% I think. When Edmunds lists a TMV price, are incentives built into that? For example the VW Passat V6 SEL Premium is listed as 31,200. Does that include the 3250 lease incentive or the 2000 purchase incentive?
  • Can somebody help me with Sept. Residual & Money Factor.

    2013 Passat SE Auto w/Moon Roof.

    36 mo. 10K mi/yr.

    Thanks!
  • kyfdxkyfdx Posts: 28,014
    The TMV is a selling price, that usually includes dealer incentives, but not direct-to-consumer rebates...

    So, in this example, likely includes the $2000 dealer cash for buyers....

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  • kyfdxkyfdx Posts: 28,014
    "2013 Passat SE Auto w/Moon Roof.

    36 mo. 10K mi/yr."

    2.5L model?

    .00032 MF and 51% residual

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • I received a price quote of $1500 down $299 a month. They seemed flexible though. Did you go price yet?
  • tslatsla Posts: 11
    not yet, but that seems a little high judging historical pricing (i just created a spreadsheet compiling price listings for sept for new models the last couple of years) ..but things could have changed ..will post when ever i get my first pricing ..will be aiming for a end of month close
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