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Volkswagen Passat CC Lease Questions

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here's the information that you're looking for, chiro444. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2009 CC 2.0T Luxury with 15,000 miles per year are .00030 and 44%, respectively. The numbers for an otherwise identical lease of an '09 CC VR6 Sport are .00030 and 39%. The numbers for the CC VR6 4 Motion are .00030 and 41%.

    You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. Let me know if you want something different.

    While it is attractive, the dealer cash that you mentioned is not compatible with the above special lease program.

    Car_man
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  • May I have current factor and residuals for the old and new model years.

    The deal they are running for 09 sports with 10k miles, manual transmission and $3k down for $279 for a 39 month looks like a come-on price

    Anything else I should consider when calculating my best deal lease.

    Thanks, Rob.
  • Oh and I forgot to list the term, whatever is the standard three year lease for VW 36 or 39, they seem to offer both. I
  • I live in the Northeast and have been quoted the following:

    $33,100 MSRP / $30,079 sales price
    $0 down
    15k miles per year
    $466/month

    Can I do better?

    Thanks!
  • Here you go, Rob. VW Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2010 CC Lux with 12,000 miles per year are .00113 and 51%, respectively.

    While the 36 month term appears to be the most attractive on the 2010 version of this car, the 39 month term is better on the 2009 model. The numbers for an otherwise identical 39 month lease lease of an '09 CC Lux are .00015 and 46%.

    When negotiating these cars' selling prices, make sure to take advantage of the $1,000 cash incentive that is currently available on leases of them.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Thanks. This is incredibly helpful. Now I wish I could convince my wife how attractive a lease I can negotiate. :)

    Rob.
  • Hey Car Man. Here's what i've been offered on Long Island 385/month for 36 months on a cc sport w/blue tooth and ipod interface. Tax and title down ($2410). Free maintenance. Shopped the deal to a dealership having a grand opening and they could only match it. Never leased before. Can I do better?

    Thanks,
    BK
  • Hi-
    I'm looking to get the best lease terms on a 2010 CC Sport (w/ Manual Transmission), 36 month term and 15,000/yr mileage.

    Looking for some help....

    Thanks in advance.
    Dan
  • jsf99jsf99 Posts: 10
    I leased this car yesterday on long island. 350/month with 1800 total out of pocket. I shopped around, and this was an agressive deal, as far as I could tell, so I pulled the trigger. You may be able to do a bit better, but not much. Good luck.
  • visanicvisanic Posts: 10
    Thanks!

    Do you know the residual, money factor and depreciation that was used?

    -Dan
  • I'm looking for a CC too. Can you please suggest your dealership? If you want to keep it private, please email me... It's my user name at gmail.com
  • jsf99jsf99 Posts: 10
    I leased mine at Platinum in Hicksville. They are a relatively new dealership, and seeking to establish themselves as a volume sales leader. My salesperson was very nice, upfront, and knowledgeable and there was no hard sell for extras, etc. Hope that helps.
  • visanicvisanic Posts: 10
    Hi jsf-
    Would you mind telling me the terms you got?
    Thanks-
    Dan
  • jsf99jsf99 Posts: 10
    See post 130. If you're looking for a manual, I assume you can do a bit better, since mine was an automatic.
  • bvdj84bvdj84 Posts: 1,724
    This is exactly how a dealership should perform. Keeping the cars moving on and off the lots. Most work on moving them through price(higher prices), but if you think efficiency, then letting each car go for a lower cost, but moving more of them. I would think that would be a win/win situation. It certainly makes the dealership look good too, to have cars moving, ordering more. Rather than have cars sit there for months, turning away customers that are likely education about their cars and want a decent deal. Not highway robbery. Each month, you have the maintenance, costs to have those cars sitting there. Each month sitting there, it "realistically" drops the car's value done by ever so much. "realistically".

    Dealerships that have grasped this concept seem to be in a better position, provide better service, seem to be more successful at the end of the business day.

    It is always nice to have someone upfront, honest and friendly to work with you.
    That is when your dealership can truly shine. That is what starts the word of mouth for your dealership. Which is either good or bad for you.
  • Car_Man,

    Could you please tell me what the MF and residual are on 2010 CC Luxury 2.0T and Sport 2.0T? 36 month lease with 15k miles per year.

    Thanks a lot!
  • Hi Car_Man - I am also looking to lease a CC. I test drove it this week and fell in love with it.

    I am looking for a 2010 Sport, 6 speed manual, sticker price is about 28,500.

    I am looking for numbers on 36 months, and both 10,000 or 12,000 m/yearly.

    Much appreciated!!
  • No problem, Rob. I'm glad that I was able to help you out. Good luck in your negotiations.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hello billyk1. The best way to evaluate this deal is to look at what selling price it is based upon. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how much off a dealer discount you are being given and if there is any meat left on the bone so to speak.

    Let us know what this car's MSRP and selling price are and I'm sure that either myself or another knowledgeable community member will gladly let you know what they think.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi visanic. VW Credit;s current buy rate lease money factor and residual value for a 36 month lease of a 2010 CC 2.0 Sport with 15,000 miles per year are .00134 and 52%, respectively.

    Shop around for the lowest possible selling price on this car, making sure to take advantage of the $1,000 cash incentive that is currently available on it, and have the dealer use the above lease program to calculate your monthly payment.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Greetings kmouradian. Here's the information that you're looking for. VW Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2010 CC Luxury 2.0T with 15,000 miles per year are .00113 and 49%, respectively.

    The numbers for an otherwise identical lease of a CC Sport 2.0T are .00134 and 52%.

    Volkswagen is currently providing a $1,000 cash incentive on the lease of either of these cars.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi precurs0r. VW Credit's October buy rate lease money factor and residual value for a 36 month lease of a 2010 CC 2.0T Sport with 12,000 miles per year are .00134 and 54%, respectively. The residual value for a lease with only 10,000 miles per year would be 1% higher.

    When negotiating the selling price of the car that you want to lease, make sure to take the $1,000 cash incentive that VW is providing on leases of '10 CCs into account.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • visanicvisanic Posts: 10
    Thanks a bunch car_man!!

    Btw- have you heard about a CC November sign and drive event?
  • ursusursus Posts: 124
    Car_man, I put down a deposit with for following:

    36 month/10K miles
    MSRP: $29,994 (Auto, iPod, mats, chrome exhaust tips)
    Sale price: $27,059
    Adjusted cap cost: $26,634 (-$1K lease cash + $575 acq fee)
    MF: .00134
    Residual: 55%
    $339/month with $1,590 due at signing ($837 tax, dealer fee, registration and first month)

    What do you think about this deal? Also, VW list a regional lease on it's web site for MSRP $29,400 and residual $16,520 (56.2%), but the finance manager showed me their sheet with residual of 55% and could not explain the difference. Any idea?
    Thanks.
  • bvdj84bvdj84 Posts: 1,724
    Is there a sign and drive event?
  • visanicvisanic Posts: 10
    Yes, I have heard that there will be a sign and drive event in November.
    -Dan
  • There is no current sign and drive but if you take in all your upfront fees and roll into the payment you technically have a sign and drive :) Your payments would be somewhere in the $400s if you get a decent deal.
  • A couple of dealers have told me that they expect VW to be dropping support right now for the CC. They dropped support last month for a few of their cars.
  • bvdj84bvdj84 Posts: 1,724
    See, I am very interested in the CC, (been mentioned before) however, the non opening sunroof is a big deal for me! I just cannot understand why this is mechanically disabled. I can deal with only 4 seats, because I really no longer need the middle seat, which again is sorta silly. It again, limits its buyers.

    If I am going to pay this much, I will probably look at the Acura TSX. Though, I can probably get the whole technology package and be cheaper than the CC. But, the CC is very good looking!
  • Hi
    I have been shopping around for CC sport and CC Lux, best deal I could find on the lux (expires today) is $339 +tax with $1000 total OOP for a 2010 Lux, 10K miles....I think the deal is great despite not really being the color I want. I want to pull the trigger today, however I am hearing about a november sign and drive....anyone got any advice?? thanks
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