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2014 Volkswagen Passat Lease Questions

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  • kevingleekevinglee Member Posts: 2
    edited March 2014

    @Michaell Thanks for your reply. If i decline Lease Excess Wear Protection, the down payment includes ~2,300 cap cost reduction. The pkg is ~20,800 sell price, 50% residual, 0.00131 MF, ~27,800 MSRP. Down + Monthly payment is around ~10500 in total.

  • SlimmsSlimms Member Posts: 41

    Are there any differences in the numbers for a tdi se? And what about lease cash? That's considered "down payment" right? Anyone know when VW does their sign then drive event

  • kyfdxkyfdx Moderator Posts: 237,100

    @kevinglee said:
    Michaell Thanks for your reply. If i decline Lease Excess Wear Protection, the down payment includes ~2,300 cap cost reduction. The pkg is ~20,800 sell price, 50% residual, 0.00131 MF, ~27,800 MSRP. Down + Monthly payment is around ~10500 in total.

    I'd roll that $2300 CAP reduction into the lease, and you'll still be around $280-$290 month for a $28K car... That's a nice low lease payment for that vehicle.

    Now, if the price of diesel wasn't so darned high!

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  • kyfdxkyfdx Moderator Posts: 237,100

    @Slimms said:
    Are there any differences in the numbers for a tdi se? And what about lease cash? That's considered "down payment" right? Anyone know when VW does their sign then drive event

    All Passat TDI have the same lease program, regardless of option packages or trim level.

    I think that the lease cash is a dealer bonus... So, you take advantage of that by negotiating a lower selling price. So, it's not a "down-payment".

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  • jenrenee536jenrenee536 Member Posts: 1

    Checking if this is a good lease deal for a 2014 Passat 1.8T SEL Premium in Texas

    MSRP - 3275.00
    SellingPrice - 29632.00
    Purchase Price - 31122.47

    48 Month Lease/12000 Miles
    Cash Due - 436
    Monthly Payment - 436
    Residual 43%

    Thanks for your help

  • kyfdxkyfdx Moderator Posts: 237,100

    @jenrenee536 said:
    Checking if this is a good lease deal for a 2014 Passat 1.8T SEL Premium in Texas

    MSRP - 3275.00
    SellingPrice - 29632.00
    Purchase Price - 31122.47

    48 Month Lease/12000 Miles
    Cash Due - 436
    Monthly Payment - 436
    Residual 43%

    Thanks for your help

    Missing a digit from your MSRP. What is the $1500 difference between selling price and purchase price? The payment doesn't look great... but, how much of that is sales tax?

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  • 3kidsinback3kidsinback Member Posts: 74

    Please post mf and residual for 10,000 yr 36 month for passat Wolfsburg 1.8T. Is there still $2500 lease cash? What is a reasonable price to negotiate to? Thank you!

  • kyfdxkyfdx Moderator Posts: 237,100

    @3kidsinback said:
    Please post mf and residual for 10,000 yr 36 month for passat Wolfsburg 1.8T. Is there still $2500 lease cash? What is a reasonable price to negotiate to? Thank you!

    .00021 MF and 52% residual. $2500 lease cash.

    I'd start at Invoice price - $500 - $2500 lease cash. And, see what happens.. It might take $1000 more to do the deal, but I've seen some seriously low prices, if you are willing to shop around. The Passat doesn't have $2500 of lease cash for nothing... they are having a hard time moving them.

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  • 3kidsinback3kidsinback Member Posts: 74

    OK, thank you. Invoice is 23842, So I could start at 23K. What would a
    "sign and drive" monthly payment be? When you say $1000 more needed to get a deal done, could you clarify what you meant? Your feedback is much appreciated!!!

  • kyfdxkyfdx Moderator Posts: 237,100

    @3kidsinback said:
    OK, thank you. Invoice is 23842, So I could start at 23K. What would a
    "sign and drive" monthly payment be? When you say $1000 more needed to get a deal done, could you clarify what you meant? Your feedback is much appreciated!!!

    Just so we are on the same page... What is the MSRP?

    Also, if invoice is $23,842, the invoice - $500 -$2500 lease cash would be $20,842. That is where I would start negotiations.. I haven't shopped these enough to know if you can get that price... It might take a price of $1000 more to make it happen.

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  • 3kidsinback3kidsinback Member Posts: 74

    MSRP $24,900....

  • kyfdxkyfdx Moderator Posts: 237,100

    @3kidsinback said:
    MSRP $24,900....

    At that MSRP, and a CAP cost of $21842 ($3000 below invoice, plus $1000 for acq.fee and title/license fees), the payment would be $255.mo. plus tax, with only the 1st payment due at signing. If the CAP cost is $1000 higher, the payment would be $283/mo.+tax, again with just the 1st payment due at signing..

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  • 3kidsinback3kidsinback Member Posts: 74

    Thank you, this is very helpful!!!

  • brianbbbrianbb Member Posts: 18
    edited April 2014

    I'm looking for Money factor, residual value, and lease cash for a '14 Passat 1.8 TSI SE w/ Sunroof and a '14 Passat TDI SE w/Sunroof both for 36k miles. Also, Does the fuel reward card apply to Leased vehicles? Thanks- Brian

  • kyfdxkyfdx Moderator Posts: 237,100

    @brianbb said:
    I'm looking for Money factor, residual value, and lease cash for a '14 Passat 1.8 TSI SE w/ Sunroof and a '14 Passat TDI SE w/Sunroof both for 36k miles. Also, Does the fuel reward card apply to Leased vehicles? Thanks- Brian

    Gas: .00006 MF and 50% residual. $2750 lease cash.

    Diesel: .00061 MF and 55% residual. No lease cash.

    I'm not positive, but it looks like you only get the fuel card with a purchase.

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  • brianbbbrianbb Member Posts: 18

    @kyfdx@Edmunds said:
    I'm not positive, but it looks like you only get the fuel card with a purchase.

    Thanks!!

  • cwilkins59cwilkins59 Member Posts: 6

    Could you please let me know if this is a good deal. 2014 Passat SE w/sunroof. MSRP $27,785. 36 months, 10K miles per year. $265/mo with $378 down (which includes first month)

  • kyfdxkyfdx Moderator Posts: 237,100
    edited April 2014

    @cwilkins59 said:
    Could you please let me know if this is a good deal. 2014 Passat SE w/sunroof. MSRP $27,785. 36 months, 10K miles per year. $265/mo with $378 down (which includes first month)

    Sure looks good, but is it a 2.5L or 1.8T? Does that include tax? What is your state/tax rate? Any idea of the selling price? Either way, looks dirt cheap..

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  • nyccarguynyccarguy Member Posts: 16,429

    @brianbb‌

    You get the fuel reward card whether you purchase or lease. Says so in the fine print on VW's website.

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD

  • cwilkins59cwilkins59 Member Posts: 6
    edited April 2014
    1.8T. Yes, includes tax which is 7%. Ohio. Do not know selling price
  • MichaellMichaell Moderator Posts: 241,268

    @cwilkins59 said:
    1.8T. Yes, includes tax which is 7%. Ohio. Do not know selling price

    I'll agree with my co-host - dirt cheap, especially with the new 1.8T. Test drove a Jetta with that engine and liked it a whole lot.

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  • cwilkins59cwilkins59 Member Posts: 6
    My current lease isn't up until Jun 3rd. Do you think they would be able to do this deal next month too? Or just I do it this month since it's so cheap. Thanks!
  • MichaellMichaell Moderator Posts: 241,268

    @cwilkins59 said:
    My current lease isn't up until Jun 3rd. Do you think they would be able to do this deal next month too? Or just I do it this month since it's so cheap. Thanks!

    Depends on how the dealer wants to handle the payments on your current lease.

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  • cwilkins59cwilkins59 Member Posts: 6
    They said the lowered the upfront costs from $1100 down to the $378 to offset my final current lease payment. What are the MF and Residual they should be using? Just wasn't sure how things may change next month to know if I should just do this month.
  • kyfdxkyfdx Moderator Posts: 237,100

    @cwilkins59 said:
    They said the lowered the upfront costs from $1100 down to the $378 to offset my final current lease payment. What are the MF and Residual they should be using? Just wasn't sure how things may change next month to know if I should just do this month.

    .00006 MF and 51% residual.

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  • thebigtuna1979thebigtuna1979 Member Posts: 21
    Hi, can someone please provide residual, money factor and dealer cash on 2014 Passat 1.8T Sport with 5 speed manual trans. 36 months 12k miles per year. Thanks
  • MichaellMichaell Moderator Posts: 241,268

    @thebigtuna1979 said:
    Hi, can someone please provide residual, money factor and dealer cash on 2014 Passat 1.8T Sport with 5 speed manual trans. 36 months 12k miles per year. Thanks

    .00006 and 50%

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  • thebigtuna1979thebigtuna1979 Member Posts: 21

    Thanks Michaell. No lease cash on the Sport trim? I believe I saw a post earlier that had $2,500 on the SE. Want to know if this lease cash also applies to the Sport trim?

  • MichaellMichaell Moderator Posts: 241,268

    @thebigtuna1979 said:
    Thanks Michaell. No lease cash on the Sport trim? I believe I saw a post earlier that had $2,500 on the SE. Want to know if this lease cash also applies to the Sport trim?

    For April, there is $2750 lease cash on the 1.8T SE, 1.8T Sport and 1.8T SEL Premium.

    $2500 for the 1.8T S and 1.8T Wolfsburg.

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  • xpertjoeyxpertjoey Member Posts: 46

    Hi, can someone please provide the residual and money factor on the 2014 Passat 1.8T SEL Premium with 6 speed auto. 36 months 10k miles per year. Thanks

  • MichaellMichaell Moderator Posts: 241,268

    @xpertjoey said:
    Hi, can someone please provide the residual and money factor on the 2014 Passat 1.8T SEL Premium with 6 speed auto. 36 months 10k miles per year. Thanks

    .00006 and 51%. $2750 lease cash.

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  • firecat21firecat21 Member Posts: 4

    Hi, just leased a 2014 Passat SE Automatic 1.8T for 289/mo including taxes(6.25%) with no money down, no fees, dealer even made first payment. 36mo lease with 15k/yr. Just wondering if this was a decent deal? Thanks in advance.

  • kyfdxkyfdx Moderator Posts: 237,100

    Sounds great... What does that car sticker for?

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  • firecat21firecat21 Member Posts: 4

    $26,665 --- Thanks

  • firecat21firecat21 Member Posts: 4

    Also the gross capitalized cost was $20,900 and I can buy the car in 36mo for $12,799. I'm hoping I got a good deal. It certainly took some time in negotiations. Thanks again

  • kyfdxkyfdx Moderator Posts: 237,100

    $289/mo. for 35 months is a great price for a $26K vehicle..

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  • firecat21firecat21 Member Posts: 4

    I'm glad to hear that. Especially sweet with the 15k miles/yr. thank you.

  • brit67brit67 Member Posts: 18

    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

  • MichaellMichaell Moderator Posts: 241,268

    @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

    The May numbers from VW are a bit tardy in getting to us.

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  • errepeceerrepece Member Posts: 7

    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!

  • kyfdxkyfdx Moderator Posts: 237,100

    @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 Member Posts: 1,724
    edited May 2014

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

  • kyfdxkyfdx Moderator Posts: 237,100

    @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 Member Posts: 18

    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 Member 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 Moderator Posts: 237,100

    @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 Member Posts: 27

    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 Moderator Posts: 241,268

    @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 Member 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 Member 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#?
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