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2013 and earlier Volkswagen Passat Lease Questions
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2010 VW Passat Wagon
4,000 down (my choice because this portion is a gift from a family member)
36-month lease, 10,000 miles per year.
No options.
Total: $373.12
It seems like there's room for negotiation, but if I had a number in mind or I can say that I know that this is considered high, that would help.
THANK YOU SO MUCH!!!!
-New sleepless dad.
The easiest way for us to evaluate this deal would be to take a look at the MSRP and selling price that this lease is based upon. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. These numbers make it easier to see how much of a dealer discount you are being given and if there is any room left to negotiate.
If you can't get these numbers, at least provide us with the MSRP and dealer invoice price of the exact car that you want (available here) and we can work up a lease payment for you using VW's actual program that you can use as a point of reference.
Car_man
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The quote was based on an MSRP of $29,505 and a sale price of $27,548.
Thanks!!
The selling price that you were quoted appears to be right around $500 over invoice, which is a pretty good deal. Just make sure that the dealer uses VW Credit's buy rate lease money factor of .00019 to calculate your payment and you're in business.
Car_man
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As for overstock, I never knew they have car deals. They certainly are about 3k off MSRP, is that a real deal? Anyone have any experience with cars.overstock?
Thanks again
Thanks
BB
I'm looking to lease a 2010 passat wagon.
Can you please tell me the May MF and res for 36mos and 12k miles?
Thanks,
Nom
Car_man
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When negotiating your deal on this vehicle, make sure to take advantage of the $500 cash incentive that is available on leases of it through VW Credit.
Car_man
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Please provide MF and Residual for 36 mo./10K and 12K miles lease out of NY
Thanks,
Bo
The residual value for a lease with only 10,000 miles per year is 1% higher.
Car_man
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Many thanks for the help you're providing to all of us.
The lease quote i got from a dealer out of NYC:
Sticker price: 28144
Sell price: 25620
Term: 36 months
Allowance: 10k miles/year (it was my option based on projected usage pattern)
Taxes and bank fees included in the monthly payment.
Due at signing: first payment and DMV tax
Monthly payment: 422
Monthly payment2 (same terms - 12k miles/year):430.
I didn't get to ask about MF and RV yet, but, based on the numbers provided how does it look to you so far ? :confuse:
The car is plain vanilla, with no options.
Thanks in advance for your time.
Now i have a completely different prospective.
Many thanks again.
Are we on the same page?
I am actually running the numbers on a lease calculator using a MF of 0.00054 and RV of 45% (numbers provided by carman) and i don't get to the same results.
Please advise.
Used 28k msrp and selling price of 24309 which includes destination. The number I come up with is $345 before tax and inception fees. Based on 36 months -- don't know what miles you figured.
The price is on overstock for the st. louis,mo area. NYC should be at least as competitive.
Just for fun --mattieimports has a passat for 362 -36 months-10k miles per. Only thing due is around 200 plus 1st payment. You would be responsible for ny tax and license. They will deliver it free to you I think. Service any vw dealer.
I actually got a quote today that's based on the numbers that carman provided for MF and RV.
They ask for 399 a month for the 12k/year option and 391 for the 10k/year.
According to the dealer, the bank fee and the tax are rolled into the payment.
They are asking me for about $170 (misc fees) on top of the first payment upfront.
How does it sounds?
In Illinois I'd have to pay $410 for a 10k mile lease with tax so you deal looks better than average for sure.
Best of luck to the ones still shopping around.
Is there a financial reason I should not lease a 2010 vehicle this late in the year?
I see great deals on remaining 2010 Passat sedans and am considering one this month or next.
Can you also tell me the October MF and residual for a 2010 Komfort sedan for 12k miles for a 36 month term as well as a 24 month?
Thanks,
L
I see this new lease offer, based on msrp $29,505: "Lease a 2010 Passat Wagon with automatic transmission for $389.00 a month. 36-month lease, $2,499.00 due at signing."
VW Credit's October buy rate lease money factor and residual value for a 24 month lease of a 2010 Passat Sedan with 12,000 miles per year are .00011 and 51%, respectively.
The numbers for an otherwise identical 36 month lease are .00011 and 44%.
When negotiating your deal on this car, make sure to take advantage of the $1,750 cash incentive that Volkswagen is providing on leases of it.
Car_man
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Volkswagen Credit's October 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 .00016 and 43%, respectively.
The residual value for a lease of this vehicle with only 10,000 miles per year is 1% higher.
When negotiating your deal, make sure to take advantage of the $750 cash incentive that is currently available on leases of this model.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Quick question... I have a 2008 VW Passat w/ lease end date of 4/18/11. I want to terminate the lease early (I have 4 more payments left). I am prepared to make the final payments and the unfortunate $350 turn in fee as I will not be getting another VW. However, does anyone have any idea if there will be any other fees that I will be responsible for being as though I am terminating the lease before the 90 day period? Any insight in this would be greatly appreciated as I am having some severe anxiety about the contract I just signed for a new lease.
Thanks:)
Also, VW has a lease pull ahead offer now in case you want to stay with VW.
If you turn it in without trading for any car out there. Then, yes all payments, fees will be due even though you have no car.
Hopefully, we should have some information forthcoming on the new models soon.
What is the MF, Residual value on a 36/39 Months, 10K miles a year.?
Are there any incentives down the pipe for current VW oweners with Tier 1+ credit?
I am currently leasing a Passat Lux 2008. I am paying $350 a month. I have spoken to two dealers including the one I leased my current car, and I am afraid I may not get a deal similar to what I have now.
Thanks in advance,
Car_man
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Volkswagen is currently providing a $1,000 cash incentive on leases of this car through VW Credit, but no additional loyalty incentives for current owners.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum