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2013 and earlier Volkswagen Passat Lease Questions
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Is it a good deal?
thanks
Thanks a lot.
1) Incentives
2) Residuals
3) Money factor top tier credit
4) Better to lease in CA or TX
I travel back and forth hence the TDi decision. Also looking at 2012 Hyundai Azera Premium not sure which is the best value with highest residual hence lowest lease payment. Seems Azera has high residual 51% and more options but diesels seem to command high resale. Not sure what Vw financial is offering that can swing the deal in favor?
Thank you for all your help this is always stressful trying to get and process informative data to make an informed choice and purchase I think its great Car man you help people out.
Car_man
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Volkswagen Credit's April buy rate lease money factor and residual value for a 36-month lease of a 2012 Passat SEL TDI with 15,000 miles per year are .00164 and 55%, respectively for consumers who qualify for its top credit tier.
Volkswagen is not currently providing any cash incentives on TDI models.
Car_man
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MSRP = $27,800
36mo/ 12K miles/year
$0 Drive-off = $274+tax
thx jamessj1 for your post (#964)! The info really helped me get the best lease payment! Prices were all over the place - $300 to $450/mo
Could you provide the May residual value and MF for a 2012 Passat SE w/ sunroof at 12K miles per year? Can you also let me know if there are any dealer incentives (I don't believe there are).
I have what I think is a great deal using the April MF, residual, and incentives. The dealership was having problems with their computers yesterday and could not process the order, so I am picking the car up today and they are honoring the April deal
I want to make sure the deal I received is better than what would be possible in May.
Thanks
Note sure if what the dealer purposed or offered is a good deal as there are a few things off. Dealer says based on March VW finance numbers they told me.
Sale price: $32,246 for reference (MSRP 31,195 base + floormat kit + destination 770=32,220)
Lease: 36mo 15k miles at $544.80
Payments were $504.28 + sales tax 41.52= $544.80
Amount due at signing $874.27 (1st mo 544.80 plus 319.91 trade allowance)
Money factor is .001412
Residual value $17412.84
Acquisition fee $625
Title and license $347.75
Sales/Use Tax +any tax $27.18
Sales tax in my county 8.25%
Depreciation and any amortized amount $15558.62
Rent Charge $2559.46
Total payments $19612 (adjusted other charges $350) total payments $20292.27
In other charges they sneaked in this $350 no description just says quote "other charges (not part of your monthly or single payment) Disposition fee (if you do not purchase the vehicle). Dealer says I can walk if I don't like the car they bring tomorrow so not sure what this is.
My Credit is 720's dealers is telling me VW financial tiers are:
Tier 1 800-900
Tier 2 750-799
Tier 3 700-749
Thanks for all your help Carman you do a great service and I am grateful to you. The new car experience wears off when you see you got taken advantage of for the ownership period of the car and beyond. I want nothing but happy feeling with my purchase as were all feeling the pain of the economy and can't afford getting taken advantage of and what to be smiling and happy as we drive down the road.
Thank you once more!!
Thanks.
salprof2
I was able to turn in my car early and lease a 2012 Passat SE w/ sunroof for $288/ month including taxes with zero down for 12K miles/ year.
I leased back in April and I am not sure if the residual value and money factor have changed this month. Also, there was a $1250 lease incentive last month.
Car_man
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When negotiating your deal on this car, make sure to take advantage of the $1,500 cash incentive that is currently available on leases of it.
Car_man
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Still there should be around a $1,300 difference between this car's MSRP and dealer invoice price. I personally would want the dealer to split that with me, unless there is a real shortage of TDI models in your area and you don't have any room to haggle.
Car_man
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Car_man
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The numbers for an otherwise identical lease of a '12 Passat 3.6 SEL are interestingly exactly the same.
I'd say that $800 under dealer invoice is an excellent selling price for either of these cars.
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
When negotiating your deal on this car, make sure to take advantage of the $1,500 cash incentive that Volkswagen is currently providing on leases of it.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
OK, so you are being charged $19,875 for a 2012 Passat S that has an MSRP of $23,730.
I could be wrong but a Passat S starts at $19995 and that is without air conditioning and without a drivers power seat. The SE model starts at $23730. At least an SE has a/c, drivers power seat, nicer radio, much nicer seats. Like I say, we have been looking and I could be wrong...I just jumped in, but check those prices...just trying to help.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
This, plus tax on any downpayment... all paid upfront (though, you can roll it into your capitalized cost and your lease payment, if desired).
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Car_man
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The offer I have is monthly payment of $365 for a 36 month lease of 2012 Passat SE with Sunroof and navigation and 15,000 miles per year. At signing time I pay the first month + DMV which is in the $100 to $150 range. I live in NY.
Using the edmunds calculator and the price of $26195 (which is what edmunds calculator uses for this car) and 0.00014 and %52 residual and $1500 discount I get monthly payment of $335 which suggest the offer I have is not that great.
So, what do you think? Are my calculations correct? Are the money factor, rate, residual, etc that I use correct? Any advice is much appreciated. Thanks.
1. Turning my 2009 passat in 3 months early (383 month)
2. New SEL Premium 36 Months MSRP $30,210
3. At signing $830 (First month, MV Fees + 250)
4. 10k year
5. New payment $390 month
Thoughts????
Car_man
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MSRP: $27,835.00
SELLING PRICE: $25,135.00 (CAP COST)
BANK FEE: $625
TAXES: $1,153.20
ADJUSTED CAP COST: $26,913.20
MONEY FACTOR: .00014 X 2400 = .336%
RESIDUAL: $14,195.25 (51%)
DUE AT SIGNING: $521.50 <---------- I believe this includes the first month payment
PAYMENT: $359.02 X 36 MONTHS
15,000 MILES PER YEAR
2012 Passat SE 3yr/10k lease
MSRP: $25,830
Sales Price: $20,860
Gross Cap Cost: $21,485 (incl. $625 acq fee)
Res Value: 54%
MF: 0.00014 (0.34%)
$556 out the door (1st month, registration, doc fee, tire fee)
I come up with a monthly total of $232.66 but the dealership says it's $239.47. Can you please double check my math?
Using the numbers that you provided in your post, an MSRP of $25,830 and a selling price of $21,485 I come up with a zero down, pre-tax monthly payment of around $215.
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
2012 Passat SE with Sunroof
MSRP: $26,630
Sale Price: $23,130
Residual: 54%
MF: .00040
Payment: $275.66
Due at signing: $800 (registration, dealer fees)
Thanks!
2012 Passat SE (without sunroof), 36 month lease with 15000 miles/year. Down payment of $2000, and monthly payments of $250.
Thanks!
I could use some help. Please review my offer and let me know if I should take the deal or go shopping at other dealers.
2012 SE with Sunroof and 15K a year for 36 months
$300 a month before taxes or $330 after. I am in Washington
$670 due at signing, which includes first payment.
Have any of you traded in a car on a lease?
Thanks,
Our first plan was to buy a 2013 model in August for delivery when we arrive in November.
We are looking at a manual SE, white with beige interior, no other options.
Based on pricing for a 2012, one dealer gave us a list price of $24765. He calculated a discount of $1033. With all the tax, dealer prep, tag and registration ($450) etc total price was $27280. With discount round off to $26000.
Edmunds best price for this car is $23,276. Probably $400 lower than the price they gave.
We expect to drive about 5000 miles a year total. It would be difficult to get a used or even find a 2012 in an acceptable color and with manual shift.
In your opinion, would you try for $400 or $500 off the price we were given?
Would you consider leasing the car under these circumstances?
Thanks in advance for any help or comments.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
I am trying to decide whether to lease or buy this time. as for a purchase i am thinking of taking advantage of the 0.9% 60 months. as far as the lease i drive about 10K a year but would prefer a 12K lease. The pricing iam getting is
MSRP $30,035
Financed at 0.9% APR for 60 months with $0 down:
Sale price: $26,488
Total fees: $377.75
Total tax: $2189.80
Total Out the door: $29055.55
Monthly Payment: $495.60
Leased for 3 years with 36K total mileage:
Security Deposit: $350 WAIVED
Minimum out-of-pocket (first month+DMV fees): $711.33
Monthly payment: $313.97+tax=$339.87
Lease money factor: 0.00007!!!!
Residual Value: $15,918.5
What are everyones thoughts?
What are numbers for se wih sr and nav for 3 yr lease 15k Miles per year?
12k miles, 36 months
MSRP: $27,835.00
SELLING PRICE: $22778
TAXES + FEES: $2068
ADJUSTED CAP COST: $24,846
MONEY FACTOR: .00007 X 2400 = .178%
RESIDUAL: $14,753 (53%)
-dealer asking for $1999 down, and monthly payment $225/month
whaddya think??
thanks!
I don't know where Car Man is these days but that sounds like a great deal to me....I'd sign up right away.
For one thing, that is a huge discount that I don't think they give too often, and the residual looks pretty fair. And drive a well equipped Passat for $225 a month!
Get down there first thing Monday morning!
2017 MB E400 , 2015 MB GLK350, 2014 MB C250