2016 VW Passat Lease Questions

bonguri

HI! Can I get MFs, RVs and any incentives for a 2016 Passat 1.8T S Auto. 12K/36 mo in Maryland or VA?

Michaell

bonguri said:

HI! Can I get MFs, RVs and any incentives for a 2016 Passat 1.8T S Auto. 12K/36 mo in Maryland or VA?

.00015 and 45%. $3750 lease cash.

mccheesy

Hey, Michaell! Any chance I could get MFs, Residual and any incentives for 2016 Passat SEL Premium in TX? Thanks! Looks like the RV took a massive hit...

kyfdx

mccheesy said:

Hey, Michaell! Any chance I could get MFs, Residual and any incentives for 2016 Passat SEL Premium in TX? Thanks! Looks like the RV took a massive hit...

.00015 MF and 43% residual for 36/15.
$3750 lease cash

mccheesy

kyfdx said:

mccheesy said:

Hey, Michaell! Any chance I could get MFs, Residual and any incentives for 2016 Passat SEL Premium in TX? Thanks! Looks like the RV took a massive hit...

.00015 MF and 43% residual for 36/15.
$3750 lease cash

How about for 24/15?

kyfdx

mccheesy said:

kyfdx said:

mccheesy said:

Hey, Michaell! Any chance I could get MFs, Residual and any incentives for 2016 Passat SEL Premium in TX? Thanks! Looks like the RV took a massive hit...

.00015 MF and 43% residual for 36/15.
$3750 lease cash

How about for 24/15?

Add 7% to the 36 month residual

flyingfox3

Hello lease gurus! I'm currently working with a dealer in Washington State on a 2016 Passat SE and they quoted me for a 36/12 lease at $238 plus tax, $2700 down, cap cost of $21,999 and a residual of $12,390.75 (MSRP $27,934). Considering I've seen $0 cap reduction and around $270 a month deals, I'm wondering if $236 a month (or better) is doable for the SE. Or should I just go for $0 down $205 a month for the S. I'm also eligible for costco, partner, and college grad if that helps (i forgot to tell them during the initial ask). TIA!!

kyfdx

flyingfox3 said:

Hello lease gurus! I'm currently working with a dealer in Washington State on a 2016 Passat SE and they quoted me for a 36/12 lease at $238 plus tax, $2700 down, cap cost of $21,999 and a residual of $12,390.75 (MSRP $27,934). Considering I've seen $0 cap reduction and around $270 a month deals, I'm wondering if $236 a month (or better) is doable for the SE. Or should I just go for $0 down $205 a month for the S. I'm also eligible for costco, partner, and college grad if that helps (i forgot to tell them during the initial ask). TIA!!

.00015 MF and 45% residual.
$3750 lease cash.

To get that payment, the adjusted CAP cost would have to be about $21000, not $22000. Is $21,999 your selling price? How much of the $2700 upfront is applied to CAP cost reduction?

flyingfox3

kyfdx said:

flyingfox3 said:

Hello lease gurus! I'm currently working with a dealer in Washington State on a 2016 Passat SE and they quoted me for a 36/12 lease at $238 plus tax, $2700 down, cap cost of $21,999 and a residual of $12,390.75 (MSRP $27,934). Considering I've seen $0 cap reduction and around $270 a month deals, I'm wondering if $236 a month (or better) is doable for the SE. Or should I just go for $0 down $205 a month for the S. I'm also eligible for costco, partner, and college grad if that helps (i forgot to tell them during the initial ask). TIA!!

.00015 MF and 45% residual.
$3750 lease cash.

To get that payment, the adjusted CAP cost would have to be about $21000, not $22000. Is $21,999 your selling price? How much of the $2700 upfront is applied to CAP cost reduction?

I believe $1999 is being applied to CAP cost reduction with the rest ($700) being the first payment, tax, and reg. It feels like they're taking the lease cash off MSRP and then using the $1999 to get to $21,999.

Michaell

flyingfox3 said:

kyfdx said:

flyingfox3 said:

Hello lease gurus! I'm currently working with a dealer in Washington State on a 2016 Passat SE and they quoted me for a 36/12 lease at $238 plus tax, $2700 down, cap cost of $21,999 and a residual of $12,390.75 (MSRP $27,934). Considering I've seen $0 cap reduction and around $270 a month deals, I'm wondering if $236 a month (or better) is doable for the SE. Or should I just go for $0 down $205 a month for the S. I'm also eligible for costco, partner, and college grad if that helps (i forgot to tell them during the initial ask). TIA!!

.00015 MF and 45% residual.
$3750 lease cash.

To get that payment, the adjusted CAP cost would have to be about $21000, not $22000. Is $21,999 your selling price? How much of the $2700 upfront is applied to CAP cost reduction?

I believe $1999 is being applied to CAP cost reduction with the rest ($700) being the first payment, tax, and reg. It feels like they're taking the lease cash off MSRP and then using the $1999 to get to $21,999.

What about the acquisition fee?

flyingfox3

Michaell said:

flyingfox3 said:

kyfdx said:

flyingfox3 said:

Hello lease gurus! I'm currently working with a dealer in Washington State on a 2016 Passat SE and they quoted me for a 36/12 lease at $238 plus tax, $2700 down, cap cost of $21,999 and a residual of $12,390.75 (MSRP $27,934). Considering I've seen $0 cap reduction and around $270 a month deals, I'm wondering if $236 a month (or better) is doable for the SE. Or should I just go for $0 down $205 a month for the S. I'm also eligible for costco, partner, and college grad if that helps (i forgot to tell them during the initial ask). TIA!!

.00015 MF and 45% residual.
$3750 lease cash.

To get that payment, the adjusted CAP cost would have to be about $21000, not $22000. Is $21,999 your selling price? How much of the $2700 upfront is applied to CAP cost reduction?

I believe $1999 is being applied to CAP cost reduction with the rest ($700) being the first payment, tax, and reg. It feels like they're taking the lease cash off MSRP and then using the $1999 to get to $21,999.

What about the acquisition fee?

The quote did not break it out.

Michaell

flyingfox3 said:

Michaell said:

flyingfox3 said:

kyfdx said:

flyingfox3 said:

Hello lease gurus! I'm currently working with a dealer in Washington State on a 2016 Passat SE and they quoted me for a 36/12 lease at $238 plus tax, $2700 down, cap cost of $21,999 and a residual of $12,390.75 (MSRP $27,934). Considering I've seen $0 cap reduction and around $270 a month deals, I'm wondering if $236 a month (or better) is doable for the SE. Or should I just go for $0 down $205 a month for the S. I'm also eligible for costco, partner, and college grad if that helps (i forgot to tell them during the initial ask). TIA!!

.00015 MF and 45% residual.
$3750 lease cash.

To get that payment, the adjusted CAP cost would have to be about $21000, not $22000. Is $21,999 your selling price? How much of the $2700 upfront is applied to CAP cost reduction?

I believe $1999 is being applied to CAP cost reduction with the rest ($700) being the first payment, tax, and reg. It feels like they're taking the lease cash off MSRP and then using the $1999 to get to $21,999.

What about the acquisition fee?

The quote did not break it out.

Ask the dealer where it is. It can't be waived, so it's there somewhere.

flyingfox3

Michaell said:

flyingfox3 said:

Michaell said:

flyingfox3 said:

kyfdx said:

flyingfox3 said:

Hello lease gurus! I'm currently working with a dealer in Washington State on a 2016 Passat SE and they quoted me for a 36/12 lease at $238 plus tax, $2700 down, cap cost of $21,999 and a residual of $12,390.75 (MSRP $27,934). Considering I've seen $0 cap reduction and around $270 a month deals, I'm wondering if $236 a month (or better) is doable for the SE. Or should I just go for $0 down $205 a month for the S. I'm also eligible for costco, partner, and college grad if that helps (i forgot to tell them during the initial ask). TIA!!

.00015 MF and 45% residual.
$3750 lease cash.

To get that payment, the adjusted CAP cost would have to be about $21000, not $22000. Is $21,999 your selling price? How much of the $2700 upfront is applied to CAP cost reduction?

I believe $1999 is being applied to CAP cost reduction with the rest ($700) being the first payment, tax, and reg. It feels like they're taking the lease cash off MSRP and then using the $1999 to get to $21,999.

What about the acquisition fee?

The quote did not break it out.

Ask the dealer where it is. It can't be waived, so it's there somewhere.

I asked for a breakdown and they told me that its in the $1999. I wasn't able to get more information.

Michaell

flyingfox3 said:

Michaell said:

flyingfox3 said:

Michaell said:

flyingfox3 said:

kyfdx said:

flyingfox3 said:

Hello lease gurus! I'm currently working with a dealer in Washington State on a 2016 Passat SE and they quoted me for a 36/12 lease at $238 plus tax, $2700 down, cap cost of $21,999 and a residual of $12,390.75 (MSRP $27,934). Considering I've seen $0 cap reduction and around $270 a month deals, I'm wondering if $236 a month (or better) is doable for the SE. Or should I just go for $0 down $205 a month for the S. I'm also eligible for costco, partner, and college grad if that helps (i forgot to tell them during the initial ask). TIA!!

.00015 MF and 45% residual.
$3750 lease cash.

To get that payment, the adjusted CAP cost would have to be about $21000, not $22000. Is $21,999 your selling price? How much of the $2700 upfront is applied to CAP cost reduction?

I believe $1999 is being applied to CAP cost reduction with the rest ($700) being the first payment, tax, and reg. It feels like they're taking the lease cash off MSRP and then using the $1999 to get to $21,999.

What about the acquisition fee?

The quote did not break it out.

Ask the dealer where it is. It can't be waived, so it's there somewhere.

I asked for a breakdown and they told me that its in the $1999. I wasn't able to get more information.

If they don't want to break down the $1999, it makes me wonder if something is hiding in there. Be polite and ask again - you have to be satisfied with the numbers before signing.

Might also be time to contact other dealers.

sdewey1

Wondering if anything has changed for October, looking for residual, MF and current incentives on a 2016 Passat SE 1.8T for a 36/12K or 36/10k lease in Houston Texas.
Thanks!

Michaell

Sdewey said:

Wondering if anything has changed for October, looking for residual, MF and current incentives on a 2016 Passat SE 1.8T for a 36/12K or 36/10k lease in Houston Texas.
Thanks!

.00015 and 45% or 46%. $3750 lease cash.

sdewey1

Thanks so much for the info, I got one more for you! Looking for residual, MF and current incentives on a 2016 Passat 1.8T R-Line and 1.8T R-Line w/ Comfort Package for a 36/12K lease in Houston Texas.
Thanks!

Michaell

sdewey1 said:

Thanks so much for the info, I got one more for you! Looking for residual, MF and current incentives on a 2016 Passat 1.8T R-Line and 1.8T R-Line w/ Comfort Package for a 36/12K lease in Houston Texas.
Thanks!

Same as above. Only Passat with different numbers is the V6.

sdewey1

Michaell said:

sdewey1 said:

Thanks so much for the info, I got one more for you! Looking for residual, MF and current incentives on a 2016 Passat 1.8T R-Line and 1.8T R-Line w/ Comfort Package for a 36/12K lease in Houston Texas.
Thanks!

Same as above. Only Passat with different numbers is the V6.

Thanks!!

shellz

Hello, do you have leasing information for the 2016 Passat 1.8t SE w/ technology package in Houston? Thanks.

kyfdx

shellz said:

Hello, do you have leasing information for the 2016 Passat 1.8t SE w/ technology package in Houston? Thanks.

.00020 MF and 42% residual for 36/15. $4000 lease cash.

samy_ny

Hi, Can you give me the numbers on 2016 Passat 1.8T R-line for 36/12 and 24/12 in New Jersey ? Thank you.

kyfdx

samy_ny said:

Hi, Can you give me the numbers on 2016 Passat 1.8T R-line for 36/12 and 24/12 in New Jersey ? Thank you.

.00020 MF and 44%/51% residual. $4000 lease cash

davearizona

Hey All - Looking for lease numbers in Arizona on a 2016 VW Passat 3.6L V6 DSG SEL Premium - $38,350 sticker. 36/12 and 36/15. Thanks in advance.

kyfdx

davearizona said:

Hey All - Looking for lease numbers in Arizona on a 2016 VW Passat 3.6L V6 DSG SEL Premium - $38,350 sticker. 36/12 and 36/15. Thanks in advance.

.00020 MF and 44%/42% residual.
$4500 lease cash.

newbeee1

Dear expert, do you have the leasing info for the 2017 Passat 1.8t SE in San Francisco Bay Area? Thanks.

kyfdx

newbeee1 said:

Dear expert, do you have the leasing info for the 2017 Passat 1.8t SE in San Francisco Bay Area? Thanks.

.00025 MF and 48% residual for 36/15.
$500 lease cash

newbeee1

kyfdx said:

newbeee1 said:

Dear expert, do you have the leasing info for the 2017 Passat 1.8t SE in San Francisco Bay Area? Thanks.

.00025 MF and 48% residual for 36/15.
$500 lease cash

Thanks. I am a new bee in leasing, what does the 15 in 36/15 mean?

newbeee1

I got this offer for an SE: $239/m with $2000 down including tax and fees, MSRP $26,315, sale price $21,315, rebate $1500, total discount/rebate $6500, residual 51%, 36 months, 10k miles per year.
Based on my calculation, the MF is around 0.00175 or APR 4.2%. Much higher than your number (0.6%). Is it correct? Thanks a lot.

newbeee1

the tax rate is 8.75% for the above.

Michaell

newbeee1 said:

kyfdx said:

newbeee1 said:

Dear expert, do you have the leasing info for the 2017 Passat 1.8t SE in San Francisco Bay Area? Thanks.

.00025 MF and 48% residual for 36/15.
$500 lease cash

Thanks. I am a new bee in leasing, what does the 15 in 36/15 mean?

15,000 miles per year.

Michaell

newbeee1 said:

I got this offer for an SE: $239/m with $2000 down including tax and fees, MSRP $26,315, sale price $21,315, rebate $1500, total discount/rebate $6500, residual 51%, 36 months, 10k miles per year.
Based on my calculation, the MF is around 0.00175 or APR 4.2%. Much higher than your number (0.6%). Is it correct? Thanks a lot.

Using the base MF, I get $248/mo. Not sure where your calculations are different.

What state is this? How much is due at signing?

newbeee1

Thanks. It's San Francisco, California.

Michaell said:

newbeee1 said:

I got this offer for an SE: $239/m with $2000 down including tax and fees, MSRP $26,315, sale price $21,315, rebate $1500, total discount/rebate $6500, residual 51%, 36 months, 10k miles per year.
Based on my calculation, the MF is around 0.00175 or APR 4.2%. Much higher than your number (0.6%). Is it correct? Thanks a lot.

Using the base MF, I get $248/mo. Not sure where your calculations are different.

What state is this? How much is due at signing?

newbeee1

Regarding the offer, it includes all tax, dmv, acquisition, dealer fees etc
Drive-off down payment $2000 include 1st monthly payment.

I have a question on the base MF .00025. Should it be .0025?

newbeee1 said:

Thanks. It's San Francisco, California.

Michaell said:

newbeee1 said:

I got this offer for an SE: $239/m with $2000 down including tax and fees, MSRP $26,315, sale price $21,315, rebate $1500, total discount/rebate $6500, residual 51%, 36 months, 10k miles per year.
Based on my calculation, the MF is around 0.00175 or APR 4.2%. Much higher than your number (0.6%). Is it correct? Thanks a lot.

Using the base MF, I get $248/mo. Not sure where your calculations are different.

What state is this? How much is due at signing?

kyfdx

newbeee1 said:

Regarding the offer, it includes all tax, dmv, acquisition, dealer fees etc
Drive-off down payment $2000 include 1st monthly payment.

I have a question on the base MF .00025. Should it be .0025?

newbeee1 said:

Thanks. It's San Francisco, California.

Michaell said:

newbeee1 said:

I got this offer for an SE: $239/m with $2000 down including tax and fees, MSRP $26,315, sale price $21,315, rebate $1500, total discount/rebate $6500, residual 51%, 36 months, 10k miles per year.
Based on my calculation, the MF is around 0.00175 or APR 4.2%. Much higher than your number (0.6%). Is it correct? Thanks a lot.

Using the base MF, I get $248/mo. Not sure where your calculations are different.

What state is this? How much is due at signing?

No.. it's .00025

adamt12

happy thanksgiving, money factor and residual for 2016 passat 1.8T SE w/Technology/PZEV in new jersey for 12/36 and 12/24, thanks, do you still show lease cash?

kyfdx

adamt12 said:

happy thanksgiving, money factor and residual for 2016 passat 1.8T SE w/Technology/PZEV in new jersey for 12/36 and 12/24, thanks, do you still show lease cash?

.00020 MF and 44%/51% residual. $4000 lease cash

madne55

Hello! Looking for MF RV for 2017 Passat R-Line in MD for 39/12 and 39/15. Also, local dealer has a Passat R-Line listed for about $18,500 - is it possible to lease at that price or close to it? Thanks!

kyfdx

madne55 said:

Hello! Looking for MF RV for 2017 Passat R-Line in MD for 39/12 and 39/15. Also, local dealer has a Passat R-Line listed for about $18,500 - is it possible to lease at that price or close to it? Thanks!

2017 discussion is here:
https://forums.edmunds.com/discussion/42485/volkswagen/passat/2017-vw-passat-lease-questions#latest

Thanks!