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2013 and earlier Volkswagen Passat Lease Questions
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Comments
(sedan, automatic, 12k, 36 mo.)
Thanks in advance.
When negotiating your lease on this car, make sure to take advantage of the $1,250 cash incentive that Volkswagen is currently providing on leases of it through VW Credit.
Car_man
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I'm interested in leasing a 2009 Passat Wagon (Komfort). I'd like to know VW Credit's March money factors and residual values for both a 10,000 mile and 12,000 mile 36 month lease.
Thanks!
I would like to know how you got such a good deal. They want to charge me $448 per month with $2000 down. This is 15,000 annual miles on a 4 year lease.
Car_man
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When negotiating your lease on this vehicle, make sure to take advantage of the $1,750 cash incentive that is available on leases of it it in many regions right now.
Car_man
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$1,000 down (includes first month payment, Ca. Registration, and DMV fees)
36 months with 12K miles per year
$376.00 per month which includes tax
The MSRP is $29,189
$1,000 down
36 month lease with 12K miles
for $360.00 / month which includes tax
Not bad, so I think I'll pull the trigger unless I hear of a better deal.
A couple dealers told me the numbers were better on the CC vs the Passat. I've been quoted .00073 and 48-52% residual depending on Sport/Lux and $1k and $3K cash incentive (respectively).
I like the Passat and like that .00039 mf even better!
Any details you can provide would be helpful.
Thanks!
They would talk to the manager and see if they could do better.. I left a $100 refundable deposit. They called me and said no deal, the numbers were still as qouted. Pissed and going to cancel the deal and waiting to see what I am going to do about a car Is $375 reasonable for the Passat with Nav? How much out of pocket?
.00039 mf
46% res (not sure on this but can double check)
$1000 drive-off = 1st payment and fees, etc.
36 month lease with 12k miles
$435 inc tax (tax rate based on 9.75
This payment seems way too high so as I double check, I can only assume it's the low residual - on an outgoing body style.
I would like to lease a Passat at $350 inc tax or a CC at $375.
I have a quote on a CC with a similar MSRP for $400 month with $750 due at signing.
Hope this helps
When negotiating your lease on this car, make sure to take advantage of the $1,250 cash incentive that is currently available on it.
Car_man
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Many thanks
hannab
I'm interested in knowing the residuals, money factor, also a guesstimate on how this could should cost per month w / $3000 down on a 36 or 39 month lease (whatever is better on a cost-basis), 15k miles per year. Dealer said best they could do is $410/mo. Seems like this is high for this car, but I think it does not lease that well because the residual stinks!
Thanks!!!
Thanks
Volkswagen is currently providing a $2,000 cash incentive on leases of the '09 Passat. Make sure to take this cash into account when negotiating the capitalized cost for your lease.
Car_man
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Let's work up an estimated lease payment on this car for you and see what we come up with. First we need to come up with an estimated selling price for this car. The model that you are interested in probably has a spread of around $2,500 between its full MSRP and its dealer invoice price. Add to that the $2,000 cash incentive that is available on leases of this car and subtract $500 for the dealer and we're talking about a cap cost that's $4,000 under the MSRP that you mentioned.
According to my calculations, if you were to lease a 2009 Volkswagen Passat Sedan that has an MSRP of $32,760 and a selling price of $28,760 through VW Credit right now for 36 months with 15,000 miles per year, its zero down, pre-tax monthly payment would be around $445.
I worked up this lease with no down payment because it is in your best interest not to make one. Consumers who make large capitalized cost reductions on leases risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered.
Just in case you're still interested, $3,000 due at signing is probably equivalent to around a $2,000 cap cost reduction which would lower the above payment to around $388.
Car_man
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Car_man
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Can you provide the MF and RV numbers for a 36 month lease with 12k miles for a 2009 Passat Komfort Wagon? If the numbers are different, can you provide the same info for the sedan?
I imagine that the residual values must be unfortunately low on both of these vehicles since they are near the end of the season. Do you think the RV and lease options would improve when the 2010s reach the lots? If so, do you have any idea when they may arrive.
Thanks for your help.
MSRP: $30,589
Cap Cost Reduction: $1351.64
First Month and Fees: $1724.81
Total Down: $ 3076.45
Adjusted Cap Cost: $25,343.36
Residual Value: $12,541.49 (42%)
Money Factor: 0.00020
Total Monthly (incl. 8% tax): $363.19/month
36 month lease with 12k miles
The car is running and looks great...
Volkswagen is currently providing a $2,000 cash incentive on leases of these vehicles.
I'm not sure when the 2010 Passat is scheduled to begin arriving at dealers.
Car_man
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2010 VW Passat cc Auto MSRP $29,400
Selling Price $25,925
Monthly Payment $351.89
Due at Signing: $1,693.74 includes ($901.15 Tax, $351.89 first payment, $235.20 MV,$205.50 Doc fee + tire tax
Money Factor 0.00134 Residual 54%
Its worth mentioning that orginally I was quoted $394.50 however, I was than told that the lease #'s he used were for a 2009. So he adjusted the lease numbers. Any insight would be great. Thanks!
Thanks!!
PLEASE READ THREADS 506 THROUGH 511 UNDER REVIEW1000
THAT IS WHAT I DID AND IT WORKS AND WORKS WELL I HELPED 11 OTHER PEOPLE AND GETTING BEST DEALS
OR EMAIL ME REVIEW2009@GMAIL.COM
Audi's website special says:
2010 A4 2.0 quattro Premium
$449† lease per month for 36 months
Now through November 2, 2009
Down payment: $999
Refundable security deposit: $450
Acquisition fee: $625
First month's payment: $449
Amount due at lease inception: $2,523
The best way to get a good deal on the CC that you are interested in is to negotiate as low a selling price as possible on it, taking advantage of the $1,000 ash incentive that is currently available on leases of this model.
Once you have negotiated a selling price that you're happy with, have the dealer calculate your monthly payment using this car's buy rate lease money factor. VW Credit's current buy rate for a 36 month lease of a 2010 CC 2.0 Sport is .00152.
Car_man
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Car_man
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Have the numbers you list above hold true for the wagon version? And have the numbers changed for January 2010?
VW Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Passat Wagon with 12,000 miles per year are .00027 and 45%, respectively.
Car_man
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I'm not sure if there would be a difference between financing the WAGON versus the SEDAN... but.. er...
Would you know the current buy rate lease money factor and residual value for a 36 month lease of a 2010 Passat Sedan with 12,000 miles? 15,000 miles?
Cheers and thanks!
Car_man
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When negotiating your lease on this vehicle, make sure to take the $500 cash incentive that is available on leases of it into account.
Car_man
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Can someone post current lease rates? I saw February numbers and would like to know if they have improved at all.
Thanks!
Car_man
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The numbers for an otherwise identical lease of a '10 Passat Wagon are .00015 and 43%.
Volkswagen is currently providing a $1,000 cash incentive on leases of the Sedan and $500 on leases of the Wagon.
Car_man
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Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Passat Sedan with 15,000 miles per year are an incredibly low .00009 and 43%, respectively for consumers who qualify for its top aka "A" credit tier.
In April, Volkswagen is providing a $1,000 cash incentive on leases of this model through VW Credit.
Car_man
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I own a 2007 TL (paid out, i own it) and would like to trade that in for a VW Passat 2010 lease. I'm new to this stuff, and I'm wondering if such a thing is possible. Am I able to sell my TL to VW and then just opt for a Passat lease? If I sell the car to VW, how does that work; do they give me a check for the value of the car or do I get in-store credit or something?
Is this a wise thing to do or should I just give it in to Carmax? When trading the car in, should I expect to get blue book dealer trade-in value? Any other advice would be greatly appreciated.
Thank you in advance,
Chris