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Comments
I am looking at the Passat wagon because the Audi Avant is $49K and I am now retired and do not drive as much. VW gives you the same warranty as Audi except not the total care of free brake linings etc.
My wife and i are looking at potentially buying a passat 3.6 with luxury package 1. The money factors is .1680 and residual is .53 for a 36 month lease.
The sell price is 31,150 they are telling me with a msrp of 33315. They want 2000 down (subtractd 500 as I own a VW already for loyalty) and $460.11 per month. Is this a good deal?
Also, take a look at prices on Passat at www.fitzmall.com. They show Passat selling near invoice. You may not buy there but can get an idea of what a good price is.
Have fun
I have never leased a car before.please help.
I am negotiating for a lease on passat 2.0 t,luxury #2package, with navigation for 24 mths (10 k miles/yr).MSRP-30230incl destination,invoice-27228
PLEASE ;et me know what wud be good lease/mth pricing.thx
You should post your question here for best response...
Volkswagen Passat: Lease Questions
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My purchase price in PA was $34,615, which also included the trunk liner and heavy duty winter rubber floor mats. This was approx. 6 weeks ago.
It is my first VW and I like the car a lot, just not thrilled that apparently one must fight tooth and nail for what appears to be a defective part replacement. Does VW have a dispute resolution process? :confuse:
Can you please tell me where in PA you bought the car from?
I am buying mine from VW of Devon, PA this week. My Car is as follows (3.6 L V6, Not 4 Motion):
1 - Lux. Pack #1
2 - Dyn. Audio
3 - Nav.
4 - Xenons
5 - Rear Airbags
6 - Splash Guards
7 - Dealer profit
Total price came to $34882. I know i could have gotten the Lux pack 2, but i did not like the Rear Backing Sensors on the bumpers, not very attractive. Please let me know your dealer and what city they are in. Thanks.
when u say fully loaded, is that Lux Pack 2 and all extras with mats and stuff? Can u please provide detail. Thanks.
MSRP $27,440
LEV% 58%
TERM 36mo
MF .00151
RESIDUAL VALUE $15,915.20
INITIAL CAP COST $26,700
ADJUSTED CAP COST $27,130.14
DOWN PAYMENT $500
PAYMENT $376.51 for first 18mos
$408.51 for last 18mos
Not feeling the love here, what do you think??
We got the quote of $26,021(that is including $500 in VW loyalty) plus tax and "doc fee" that I did not press to be removed, because they are geting me a new plate also.
Out of door price was $ 27,770 ans I also got a 4.9%(60 month) financing from VW credit.
Hope this helps.
I knew I was gonna take an equity hit on my vehicle. When I negotiated my lease with my local VW dealer he showed me his special lease deal. Think it was a 24000$$ car MF .00078 and residual value 58% on a 10,000 mile 39 month lease. worked out to be 299.9 a month less tax. I didn't want the base model, so I used the same figures on what I wanted in the vehicle. Now having said that everything up until this point was back and forth with their finance department(which I absolutely despise). They ended up low balling me on my trade in and I was looking at a potential 4000 equity hit. Which according to my calculation put me at 30000 cap cost. HERE is my problem. The finance guy said the Cap cost is 31400 because of tax and fees? I have been reading many posts from people and no one has included this tax fee in their cap cost? IS this something they do only when you have to pay equity off or is this a hidden fee that all lease deals end up having to pay. My understanding you only pay tax on the monthly payments not the vehicle for a lease?
I stormed out of the dealer because A) I was upset at the trade in value and I thought he was playing games with the cap cost. I want to be informed if I try to work out another lease with another dealership and they try the same thing. Seems like all the dealers have "canned" responses when you bring up internet prices and quotes.
I loved this one "to bad Edmunds can't write you the check"
Some states charge the tax upfront... usually on the total payments of the lease.. or the depreciation portion.. some charge tax on the entire car (IL and TX). Other states collect sales tax on the monthly payment, each month.
If your state collects the entire tax bill upfront, then usually, the dealer will add that to the cap cost, so the payments are spread out over the lease... The only alternative is for you to pay the tax upfront.
regards,
kyfdx
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36 months/15,000 mile per year
MSRP: $ 41,530.00
Cap.Cost: $ 39,233.00
Cap Reduction: $ 8,584.54
Tax on Credit: $ 668.79
Bank Fee: $ 575.00
Total Cap: $ 39,808.00
Net Cap: $ 31,223.46
Residual: $ 22,426.20
Total Depreciation: $ 8,797
Money Factor: .00200
Down Payment: $10,000.00
C/D: 0.35
My credit score is 740.
Monthly payment: $378.92
What do you think of these numbers? Should my monthly payment be less?
PS: my 2.0T is not a demo and I am enjoying driving it.
At a minimum if you do this deal you should consider putting $0 down and holding your $8500 in a MMA and use it to supplement your payments as you go.
So if you are really in it, any price between invoice and MSRP are reasonable, it's a bargain .
Passat 3.6L
Package #1 Luxury
DVD Satellite Navigation
MSRP = $35,130
Invoice = 32,245
From my research I come with a range from $32,700 - $33,400 as a fair price. I've been to the Fitzgerald Auto Mall site and most of their 3.6L's are listed at or below invoice, as I'm in Tampa, FL this doesn't directly help me. I wanted to know what anybody has paid for this vehicle, especially in the Tampa/Orlando area, and what anybody has paid for any Passat in the Tampa/Orlando area.
I've been reading the forums for a while and have gotten many good tips and advice. Thanks for everyone's input.
Tom
I've been negotiating with several dealers in the Boston area and have two offers I am considering right now. The first is for a 3.6L sedan with 4motion sport package 1 and navigation for $34,400. The second is for a 3.6L sedan with 4motion luxury package 1 and navigation for $33,900. Are these good deals? Also, over the test drive I could not sense a big difference in the suspension between the sport and luxury models, could just be the roads, is the sport much harsher? Second, most passats I see have the luxury package, implying that there are more buyers for this package, will the sport affect trade-in value?
MSRP 28415
Selling Price 26050 including 99 processing fee. Also using standard VW money factors in the lease.
King VW, Gaithersburg, MD, 20 miles north of DC. Dealer had no problem with me publishing the numbers, so I expect they'd do it again. This is an Internet deal - contact the Internet manager. Has been extremely pleasant experience so far; picking up car on Friday.
Full details at Post #151 on the Leasing Board.
Hope this is helpful.
Brian
3.6L liter
4-motion
Sport package #2
Navigation
Rear air bags
Rubber Mats w/Trunk Liner &
Splash Guards
MSRP w/ destination of $40,509.
Invoice per Edmunds of $37,243
Price paid was:
Car - $36,500 plus
Processing fee - $229 plus
Tags - $52 plus
Tax - $1,175 (3.2% in VA).
Price is net of $500 VW loyalty cash.
Audi and BMW both lease with residual at or above 70% which is pretty accurate since dealer trade value is within +/- $200 of my residual. So it looks like I'll trade the leased A-4 instead of turning it in. Mostly for tax advantages on the Passat purchaseand return of the secuirty deposit. and don;t get me started on the lease turn-in inspection contractor.....Terrible.
I would like to purchase a Passat, but am waiting for the rebates. About when during the year do they normally come? I noticed in this forum that some got rebates in April, Jun and November. Anything closer, like say... March?
thanks for the help
First time leasee and looking for help. Was trying to decide between the G35 and Passat and picked the passat. Here is what is being offered:
06 Passat 2.0t w/package 2(xm), Read air bags, 17 inch wheels, and splash guards. MSRP of $29,340.
Cost = $27500
MF = .00057
Res = 54%
Taxes = 5.5%
Payment = $370
Thoughts???
MSRP = $30,340
Paid = $27200
Acquistion = $575
Temp Plate = $10
Total paid = 27785
Residual = 54%
mf = .00057
payment = $384.06 with taxes. Taxes are about $25/month.
What do y'all think? Car is being brought in and I pick up tomorrow or Friday.
I recently bought a 2005 Passat GLS 1.8T, 24K miles from Atlanta Auctions. I has leather seats, gray colored with monsoon CD/cassette audio and sunroof. I got it at 18K (without sales tax). What do folks here think ?
Is it a good deal ?
Thanks
~Parvinder
Comments?
Passat 2006 Value Edition Automatic
MSRP $24655
36 months lease
36000 miles
$307/month
$850(first month + Fees)
All tax included
Thanks
$500 off Invoice on vehicle
options exactly at invoice
+ Delivery(100-150) in state
BTW: Does anyone know when they will release the 07 Passat? They tell me the company announces it in July, and dleivery occurs in Sept/Oct. Maybe worth the wait at this stage of the game. Any comments?
MSRP $24655
36 months lease
30000 miles
$200/month
$0(first month + Fees)
All tax included
This deal would be a total loser for the dealer. VW advertised deal is $269/month for same lease with $2k down, 12k miles per year, your variance would mean the dealer took a several thousand dollar loss on the car.
Make sure they didn't give you a Jetta or a very used Passat...
CarsDirect price $26,876 - $1000 = $25876
maybe less - bluetooth not there, no ipod adapter etc...
So I don't pay the tax
Anyway, you posted your deal, did not disclose all terms of the deal, so your information is of questionable value to those looking for experiences that might inform their own.
Even with a $3,500 trade in towards cap cost reduction, I find the $200/month for 36 months 10k/year on the 2006 Passat at $24k +, no tax charged, very suspicious, this deal sounds fishy and unlikely to me...