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2013 and earlier Volkswagen Passat Lease Questions
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Looking for 15,000 / year, 36 month, M.F. and residual on:
Passat 3.6 4motion
Passat 3.6 wagon 4motion
Do these change May 1st or some other date?
Thanks,
I'm interested in a 2007 Passat 2.0t auto. with luxury package 2.
I received a price of 331 usd a month
and a total down of 2000 usd, includes all fess and taxes OTD. 48 month lease, 10000 miles a year.
A few questions how is the price?
What is the residual value and MF for a 48 month, 10,000 miles a year lease?
Also is there a 3000 dollar incentive for the dealer on this car, like I read in the buyers forum, and can it be used for a lease?
Thanks
You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.
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You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be glad to give you my opinion of this deal if you let me know what these numbers are.
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Volkswagen is still providing a $750 cash incentive on leases of the Passat 2.0T Sedan through VW Credit. VW is also still providing a $1,500 owner loyalty cash incentive on all Passats to current owners of Passats and Touaregs. Make sure to take these c ash incentives into account when negotiating the capitalized cost for your lease.
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If I was in the market for this car right now, I personally would lease it for 36 months instead of for 48. Not only is VW Credit's 36 month money factor more attractive than its 48 month factor, but 4 years is a long time for someone who normally leases to be committed to one vehicle. VW Credit's current 36 month, 10k numbers for this car are .00035 and 54%.
I would be happy to give you my opinion of this deal, but in order for me to do so it would be a big help if you would provide me with this car's MSRP and selling price first. These numbers will show me how much of a discount you are being given and they will enable me to use VW Credit's current lease program estimate what your monthly payment should be.
Unfortunately the dealer cash that Volkswagen is currently providing on the 2007 Passat is not compatible with its special lease program.
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I want to get into a Passat Wolfsburg lease from VW Fairfax. They've quoted me
$2k down (NO tax, tag & title additional, the $2k will go towards covering this).
$329 a month for 36 months @ 10k miles a year, salesman said it owuld go up by $20-$25 a year for 12k miles, I think btwn 10k & 12k miles a year is moot since I plan to buy the car at the end of the lease. Is it logical to assume the mileage moot point?
Selling price = $25,600
Residual = $13,000.
Is this a good deal? It is for a black color model. Any advice is most welcome. I have till Apr 30th (tomorrow) to sign, deal expires 04/30, and I have to drive from Richmond to D.C. to close the deal. The VW dealers in Richmond stink, both of them. Please help and let me know how much more I can bargain down or what is reasonable. Thanks a lot.
Marc in Richmond
I realize that tomorrow is the deadline for what sounds like some great lease deals, so I'm pounding the pavement tomorrow to hit all the VW dealers I can. I understand there is a $750 cash incentive, and a $1,500 owner loyalty cash incentive for owners of current passats. I currently LEASE a Passat (not own), and our lease is up on May 15th. Do we still qualify for this?
I'd like to know the factor and residual for the 2.0T Passat Sedan and the 2.0T Passat Wagon for a 36 month lease, 12k miles. I'm not sure which I'm going to go with yet (it will likely depend on what's available in the colors we want), but I do know that we'll get either the package 1 or the Wolfsburg edition. (I was already quoted two different factors from the same dealership for the Sedan: 0.0021 and 0.00067 - HUGE difference...).
Lastly, what sort of price range should I shoot for on the sales price? Should I fight to get the TMV?
Here are the details on the Wagon and Sedan from Edmunds.com:
Wagon, Package 1: MSRP = 28,810, invoice = 26,766, TMV = 26737
Sedan, Package 1: MSRP = 27670, invoice = 25795, TMV = 25748
Sedan, Wolfsburg: MSRP = 27630, invoice = 25791, TMV = 25897
Thank you so much in advance for ANY help you can provide... I know this is last minute!!
2007 Passat 2.0T, w/ Package 1
36 months, 12k miles
MSRP = $27670
Purchase Price = $26455 (+$1,500 cash incentive for current passat owners)
Money factor = .00068
Monthy payment is $330.26 per month ($359 w/ tax).
Quirk VW in Quincy Mass.
$1,999 down plus tax and fees (total $2,500)
$129/month
$27,670 MSRP
Im not sure what the money factor is or Residual value.
Thanks.
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The advertisement in the paper is.
4 door sedan, 2.0 Liter I-4 cyl
$1,999 down plus tax and fees.
$23,820 MSRP.
10,000 miles a year.
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If it were $2000, "due at signing", then it would be a very good deal..
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$2,500 total due at signing
199/month + tax
12,000 m/year
24,546 msrp
11,156 residual value.
What do you think?
On 36 month /10k lease, what is the MF and Resudual in May?
36 month /10k lease
what's the MF and Residual value in May?
I got this quote from the Bay area (CA) dealer for the 2007 Passat Wagon, 3.6 4motion fully loaded. (Luxery package)for $33,500 + tax/fees
I am planning on leasing the car by trading in my current car and some down payment.
Traide in: $1,800
Down Payment: $5,000
What kind of leasing deal should I expect on 36 month/15k lease? What is the MF and Resudual in May?
Also, is it a good idea to put $5,000 in down payment?
I would be happy to give you my opinion of this deal, but it would be a big help if you provided with this car's full MSRP first. This number will show me how much of a discount you are being given on the Passat that you want and it will enable me to use VW Credit's actual lease program to estimate what your monthly payment should be.
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Let's take a look at this car's current lease program. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 VW Passat 3.6 Wagon with 4Motion with 15,000 miles per year are .00003 and 44%, respectively. I believe that Volkswagen is currently providing a $500 cash incentive on leases of Passat 3.6 Wagons through VW Credit right now. I would be happy to use this lease program to estimate what this vehicle's lease payment should be, but in order for me to do so I need to know both its MSRP and selling price.
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The MSRP on the car is $42,000. And the selling price that we've negotiated is $33,500.
Would you please give me an estimate on the lease payment for 36mo/15k lease with 3500 down?
I am in Massachsuetts , if that matters.
Thanks,
Skippy
36 month/12k miles
Msrp: 30,295
Neg. Selling Price: 28,500
MF: .00003
Residual: 48%
Amount due at signing: 1,800 (All fees)
Down payment: 0
Payment: $369/Month
Are there any cash rebates or incentives I should know about before signing?
That sounds like a great deal. What state and dealership? Also, did you pay any additional fees besides deposit? Do you know what your money factor and residual is?
Thanks for sharing!
Their leases are always way below the current offers by the captive financing companies. I ran some numbers on the Nissan Murano and based on the figures, they are only making $500 (if that) on a car with a $29k+ MSRP for only $279/mo with $0 down (except of course the MA tax, title & reg., acq. & doc fee) for 39 mos, 12k miles/yr. The money factor would have to be 0.000 at this payment!
All fees including MA state inspection total $414, excluding the acquisition fee because I have no data to estimate it. When I last leased almost 3 yrs ago, the acq. fee was $0. The $414 assumes the doc fee is $299, which is what I paid in '04 so maybe that has gone up slightly since then. I would just assume an extra $1k on top of any cap cost reduction.
I am curious to see what the lease quote would be with $0 down instead of $1999 for the Passat because it is better to put as little down as possible when leasing so you can avoid having to pay for gap insurance.
Looking for 24 mos /15k lease numbers (residual , MF/Interest Rate) on both the following:
3.6 4Motion
2.0T
Thanks for any help. Cheers!
Please advise on the following offer:
2007 Passat Wagon w/ Package #1
MSRP $28,995
Selling price: $26,063
36 month /12K miles per yr (.25 over per mile)
Residual: 49%
Money factor: .00006
Drive off $620 (first payment plus license)
Cost: $349 per month + tax = $378
Thank you!
Their only defense would be an error so blatant that you knew is was an error on their part when you signed it. Like 2 cents a mile. But 20? Well within norms.
That being said, you can ask them how many bucks they want to give you back up front in return for the back end risk. If you're a light driver, it's easy money.
Can you call them back and say YOU'VE made an error? Food for thought.
2007 Passat w/ Package #1
MSRP $27,820
Selling price: $24,532
36 month,
cost: $313/month, with 4000 downpayment
is this good?
MSRP is 29,439
selling price is at invoice
36 months, $2250 down, payment of $409.
residual is 49%, money factor .00106
getting a better deal, or some thoughts on this current one. Thanks!
What money factor and residules(for milelage) is volkswagon using for their current lease special. I am interested in a 3.6 Passat
I am interested in leasing the above and have the following questions:
1. What are the MF and RES for above vehicle for 36mos/15k
for the month of June? Are these expected to change for
July? Is July posted yet?
2. Where can an average consumer find current monthly
MF and RES information for a given vehicle? Do YOU get
this directly from manufacturers?
3. When one leases, what does your credit show in terms
of financial committment? Its not a loan per se, but you
are committed to paying the adjusted cap cost minus
residual value over the term...I've read everything on
Edmunds about leasing but have not seen this addressed.
Thanks a lot-
I just concluded a lease on a Infiniti. When I checked my credit it showed up like a car loan. With the total of my commitment over the lease period i.e. 500 times 36 =18000.00 minus any payments and if my payments were on time. I believe the m/f on a 2.0t with 12000 miles is .0003 with a 51% residual. I understand the wolfsburg m/f is slighty higher. Awaiting confirmation.
Hope this helps
Here is the lease breakdown:
Sale Price: $26,428
MF: .00043
Resid: 52%
Out of Pocket: $1,100.00
Monthly Payment: $380.00
Any thoughts?
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