2017 VW Passat Lease Deals and Prices

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  • kyfdxkyfdx Moderator Posts: 198,979

    What are the incentives on a 2017 V6 SEL?
    Lease cash, loyalty, etc.
    Also, what the residual and MF for a V6 SEL, 12k/36 mo lease?

    Thanks,

    .00001 MF and 45% residual
    $2300 lease cash

    There may be other incentives, but we don't have that information.

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  • mrquikslvrmrquikslvr Streetsboro, OHMember Posts: 7
    edited September 2017
    Thanks! That's a horrible residual for 12k/36 month. :(
  • charliemike71charliemike71 Member Posts: 7

    Thanks! That's a horrible residual for 12k/36 month. :(

    I think it's because this is a model year old now. VW has already adjusted the residuals to reflect that. It's dropped six points since January (the middle of the model year).
  • moonwoomoonwoo Member Posts: 59
    Hello mods, could I possibly get numbers on Passat S (2017) 36/12 and 10 please? Thank you!
  • MichaellMichaell ColoradoModerator Posts: 194,520
    moonwoo said:

    Hello mods, could I possibly get numbers on Passat S (2017) 36/12 and 10 please? Thank you!

    .00001 and 45% / 46%; $2200 lease cash

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  • moonwoomoonwoo Member Posts: 59
    thank you much!
  • djjp1990djjp1990 Member Posts: 15
    edited September 2017
    Hi there! Can I have the residual/mf/incentives for a Passat R Line in Los Angeles, CA for 36/15k? Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 198,979
    djjp1990 said:

    Hi there! Can I have the residual/mf/incentives for a Passat R Line in Los Angeles, CA for 36/15k? Thanks in advance!

    .00001 MF and 43% residual.
    $2200 lease cash

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  • fais_nycfais_nyc Member Posts: 4
    Hi,

    Can you please share the numbers for a Passat R Line in New York City. 36 months/12k miles.

    Thank you very much. We really appreciate all the help and assistance.
  • kyfdxkyfdx Moderator Posts: 198,979
    fais_nyc said:

    Hi,

    Can you please share the numbers for a Passat R Line in New York City. 36 months/12k miles.

    Thank you very much. We really appreciate all the help and assistance.

    .00001 MF and 45% residual.
    $2200 lease cash

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  • fais_nycfais_nyc Member Posts: 4
    kyfdx said:

    fais_nyc said:

    Hi,

    Can you please share the numbers for a Passat R Line in New York City. 36 months/12k miles.

    Thank you very much. We really appreciate all the help and assistance.

    .00001 MF and 45% residual.
    $2200 lease cash
    Thanks for the quick reply.
    Wow, cant believe how much the residual has dropped. Any idea when the 2018 models will come out?
  • MichaellMichaell ColoradoModerator Posts: 194,520
    fais_nyc said:

    kyfdx said:

    fais_nyc said:

    Hi,

    Can you please share the numbers for a Passat R Line in New York City. 36 months/12k miles.

    Thank you very much. We really appreciate all the help and assistance.

    .00001 MF and 45% residual.
    $2200 lease cash
    Thanks for the quick reply.
    Wow, cant believe how much the residual has dropped. Any idea when the 2018 models will come out?
    No information on 2018 availability

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  • awardchiawardchi Member Posts: 9
    Need MF and Residual for 17 Passat se with tech for 15k per year in Illinois. Also September incentives/lease cash- thank you!!
  • MichaellMichaell ColoradoModerator Posts: 194,520
    awardchi said:

    Need MF and Residual for 17 Passat se with tech for 15k per year in Illinois. Also September incentives/lease cash- thank you!!

    .00001 and 43%; $1950 lease cash

    Assuming 36 months....

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  • ramukeersramukeers Member Posts: 2
    Please let me know the MF, incentives and Residual for 2017 Passat R line 36/10K - NJ
  • MichaellMichaell ColoradoModerator Posts: 194,520
    ramukeers said:

    Please let me know the MF, incentives and Residual for 2017 Passat R line 36/10K - NJ

    .00001 and 46%; $2200 lease cash

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  • awardchiawardchi Member Posts: 9
    Would you provide insight into what typically happens to the incentives as model year matures? I'm trying to decide if I should wait to October for better lease terms on 2017 Passat. Thanks.
  • kyfdxkyfdx Moderator Posts: 198,979
    awardchi said:

    Would you provide insight into what typically happens to the incentives as model year matures? I'm trying to decide if I should wait to October for better lease terms on 2017 Passat. Thanks.

    Current programs run through 10/02.

    The money factor can't go down, because it's .00001.
    The residuals are low (43% for 36/15), but they typically never go up, as the year progresses. They could get worse, next month.

    Don't have any historical data, but a friend of mine was shopping 2016 models at this time last year. He made a deal in late October, after incentives went up. If he had waited until November, he would have garnered another $500 in incentives.
    That doesn't mean that will happen this year, but it might. (or might not).

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  • awardchiawardchi Member Posts: 9
    Ok - I think I get it. Incentives are $1950 right now per previous and may tick up $500 or so but residual could drop again to .42 so would really be wash? I have negotiated to $25,300 sales price before incentive on Se/ tech...
  • MichaellMichaell ColoradoModerator Posts: 194,520
    awardchi said:

    Ok - I think I get it. Incentives are $1950 right now per previous and may tick up $500 or so but residual could drop again to .42 so would really be wash? I have negotiated to $25,300 sales price before incentive on Se/ tech...

    Yep, you've summarized it nicely.

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  • awardchiawardchi Member Posts: 9
    One more question - foes the $1950 in incentives and rebates include the $1000 Sell Down" event I just saw advertised that says customer gets $1000 check via mail 6-8 weeks after lease or purchase? Thank you!!!
  • kyfdxkyfdx Moderator Posts: 198,979
    awardchi said:

    One more question - foes the $1950 in incentives and rebates include the $1000 Sell Down" event I just saw advertised that says customer gets $1000 check via mail 6-8 weeks after lease or purchase? Thank you!!!

    No... the $1950 is factory-to-dealer cash for leases only.
    There may be other incentives that stack with that.

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  • awardchiawardchi Member Posts: 9
    Sorry so am bit confused- my dealer is saying the Sell Down event is included in the $1950 in incentives/rebates they are applying- so that there would not be an additional $1000 mailed via check 6-8 weeks later. Can you please confirm they can include this in applied rebate and total is not $2950?
  • MichaellMichaell ColoradoModerator Posts: 194,520
    edited September 2017
    awardchi said:

    Sorry so am bit confused- my dealer is saying the Sell Down event is included in the $1950 in incentives/rebates they are applying- so that there would not be an additional $1000 mailed via check 6-8 weeks later. Can you please confirm they can include this in applied rebate and total is not $2950?

    We only see the $1950 in lease incentives.

    However, a bit of research turned up this link:

    http://www.vw.com/special-offers/type/OTHERS,APR/

    In it, there is the following language:

    .** Customers will receive $1,000 Cash Back via check (allow approx. 6-8 weeks for check delivery) from Volkswagen of America, Inc. when you purchase or lease a new, unused 2017 Passat through a participating dealer from September 6, 2017 to October 2, 2017. May not be combined with service loaner, VFI, or fleet programs. Businesses are not eligible.

    From that, I believe the $1000 is available when you lease.

    However, the $1950 is factory to dealer incentive money, and the dealer is not obligated to pass all of it along to the customer. Seems that your dealer is withholding $1000 of the lease cash, and using the sell down promotion to supplement it.

    You may want to reach out to other dealers.

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  • awardchiawardchi Member Posts: 9
    Ok- so you see it as negotiate selling price, then apply the $1950 in factory to dealer incentives and get payment based on that. Then as additional bonus VW mails check for $1k.

    Thanks again
  • ChrismaxChrismax Member Posts: 85
    SE with Tech and R-Line in Illinois, MF and Residual for 3 year/ 36K miles? Thx
  • MichaellMichaell ColoradoModerator Posts: 194,520
    awardchi said:

    Ok- so you see it as negotiate selling price, then apply the $1950 in factory to dealer incentives and get payment based on that. Then as additional bonus VW mails check for $1k.

    Thanks again

    Yes, that's how I see it.

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  • MichaellMichaell ColoradoModerator Posts: 194,520
    Chrismax said:

    SE with Tech and R-Line in Illinois, MF and Residual for 3 year/ 36K miles? Thx

    .00001 and 45% for both
    $1950 lease cash on SE
    $2200 lease cash on R-Line

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  • kyfdxkyfdx Moderator Posts: 198,979
    awardchi said:

    Sorry so am bit confused- my dealer is saying the Sell Down event is included in the $1950 in incentives/rebates they are applying- so that there would not be an additional $1000 mailed via check 6-8 weeks later. Can you please confirm they can include this in applied rebate and total is not $2950?

    The $1950 is dealer cash. You won't see it anywhere in your deal, and the dealer won't disclose it. Since you know they are getting it, negotiate a low price to account for it.

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  • ebuddyebuddy Member Posts: 10
    Hi,

    I am new to the forum. It is very useful.

    I am curious why would manufacturer give more incentive to lease? What's the difference from manufacturer's perspective between customer lease and purchase?

    Thanks.

  • MichaellMichaell ColoradoModerator Posts: 194,520
    ebuddy said:

    Hi,

    I am new to the forum. It is very useful.

    I am curious why would manufacturer give more incentive to lease? What's the difference from manufacturer's perspective between customer lease and purchase?

    Thanks.

    With a lease, you only have the car for a limited amount of time. Then, you'll have to buy or lease another vehicle. The manufacturer will want you to stay with them, so they make it easy to start a new lease.

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  • ebuddyebuddy Member Posts: 10
    Thanks Michaell.

    If I want to purchase a car instead of leasing, is it a valid strategy to sign a lease contract, thus taking advantage of better incentive, and then paid it off or refinance it? Do you see any potential issue?
  • MichaellMichaell ColoradoModerator Posts: 194,520
    ebuddy said:

    Thanks Michaell.

    If I want to purchase a car instead of leasing, is it a valid strategy to sign a lease contract, thus taking advantage of better incentive, and then paid it off or refinance it? Do you see any potential issue?

    If you want to purchase the car, purchase the car. There are costs involved with leasing that you won't have if you buy.

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  • myclemycle Member Posts: 9
    Hello,
    Looking for October MF, residual, and dealer/customer incentives for a 2017 Passat SE with Technology. 36 mo., 36k miles. Thanks!
  • kyfdxkyfdx Moderator Posts: 198,979
    mycle said:

    Hello,
    Looking for October MF, residual, and dealer/customer incentives for a 2017 Passat SE with Technology. 36 mo., 36k miles. Thanks!

    .00001 MF and 45% residual
    $1950 lease cash

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  • snowsubisnowsubi Member Posts: 3
    Hello,

    On the 2017 Passat SE with Technology, what would be the RV for 15k miles? 44%?

    Also, is the MF/RV provided above the same across the country? Looking at SoCal specifically. Thanks!
  • MichaellMichaell ColoradoModerator Posts: 194,520
    snowsubi said:

    Hello,

    On the 2017 Passat SE with Technology, what would be the RV for 15k miles? 44%?

    Also, is the MF/RV provided above the same across the country? Looking at SoCal specifically. Thanks!

    43% for 36/15

    Yes, the VW numbers are national.

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  • steveh71steveh71 Member Posts: 23
    What are the MF, Residual, and Incentives for the SEL Premium in Pennsylvania for 36mo/12K? Thank you.
  • MichaellMichaell ColoradoModerator Posts: 194,520
    steveh71 said:

    What are the MF, Residual, and Incentives for the SEL Premium in Pennsylvania for 36mo/12K? Thank you.

    .00001 and 45%; $1950 lease cash

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  • ChrismaxChrismax Member Posts: 85
    I know they are just getting to the dealers now, any chance you have numbers on the 2018's? My lease is up in 2 months and I am getting calls already. Thx
  • kyfdxkyfdx Moderator Posts: 198,979
    Chrismax said:

    I know they are just getting to the dealers now, any chance you have numbers on the 2018's? My lease is up in 2 months and I am getting calls already. Thx

    Not this month. Maybe, in November

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  • tvcham17tvcham17 Member Posts: 56
    RV, MF, & incentives, please:

    2017 Passat R-Line
    15/36
    15/24
    75038

    Thank you!
  • kyfdxkyfdx Moderator Posts: 198,979
    tvcham17 said:

    RV, MF, & incentives, please:

    2017 Passat R-Line
    15/36
    15/24
    75038

    Thank you!

    .00001 MF and 42%/49% residual
    $2850 lease cash

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  • HokNYCHokNYC Member Posts: 44
    Hello. Please provide 2017 and 2018 MF,RV, and incentives when available:

    2017 Passat 1.8t SE 36/12
    2018 Passat SE 36/12

    Thanks
  • MichaellMichaell ColoradoModerator Posts: 194,520
    hok_97 said:

    Hello. Please provide 2017 and 2018 MF,RV, and incentives when available:

    2017 Passat 1.8t SE 36/12
    2018 Passat SE 36/12

    Thanks

    2017 - .00001 and 44%; $2600 lease cash.

    2018 Passat lease thread is here:

    https://forums.edmunds.com/discussion/49124/volkswagen/passat/2018-vw-passat-lease-deals-and-prices/p1?new=1

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  • ChrismaxChrismax Member Posts: 85
    MF and Residual for 2017 SE with Tech for 3 years/36K miles in Chicago area? getting calls on last remaining 17's at "amazing prices"....will see
  • kyfdxkyfdx Moderator Posts: 198,979
    Chrismax said:

    MF and Residual for 2017 SE with Tech for 3 years/36K miles in Chicago area? getting calls on last remaining 17's at "amazing prices"....will see

    .00001 MF and 44% residual
    $2600 lease cash

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  • letsgoorangeletsgoorange Member Posts: 7
    Numbers in NY for the following?

    2017 Passat S
    24mo/12K

    2017 Passat SE
    24mo/12K

    2018 Passat S
    24mo/12K

    2018 Passat SE
    24mo/12K

    Thanks for your help!
  • kyfdxkyfdx Moderator Posts: 198,979

    Numbers in NY for the following?

    2017 Passat S
    24mo/12K

    2017 Passat SE
    24mo/12K

    2018 Passat S
    24mo/12K

    2018 Passat SE
    24mo/12K

    Thanks for your help!

    2017:
    .00001 MF and 51% residual for S/SE
    $2850/$2600 lease cash for S/SE

    Please post 2018 Passat questions, here:
    https://forums.edmunds.com/discussion/49124/volkswagen/passat/2018-vw-passat-lease-deals-and-prices#latest

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  • mr_frederickmr_frederick Member Posts: 3
    Hi, curious about 36m/10k numbers for
    SE
    SE w/ Tech
    SEL (1.8)

    dealer mentioned 46% residual, which is much lower than what I see in the forum. thanks!
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