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2016 VW Passat Lease Questions

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    bonguribonguri Member Posts: 4
    HI! Can I get MFs, RVs and any incentives for a 2016 Passat 1.8T S Auto. 12K/36 mo in Maryland or VA?
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    MichaellMichaell Moderator Posts: 241,337
    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.

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    mccheesymccheesy Member Posts: 49
    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... :(
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    kyfdxkyfdx Moderator Posts: 237,266
    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

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    mccheesymccheesy Member Posts: 49
    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?
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    kyfdxkyfdx Moderator Posts: 237,266
    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

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    flyingfox3flyingfox3 Member Posts: 5
    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!!
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    kyfdxkyfdx Moderator Posts: 237,266

    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?

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    flyingfox3flyingfox3 Member Posts: 5
    kyfdx 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.
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    MichaellMichaell Moderator Posts: 241,337

    kyfdx 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?

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    flyingfox3flyingfox3 Member Posts: 5
    Michaell said:

    kyfdx 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.
  • Options
    MichaellMichaell Moderator Posts: 241,337

    Michaell said:

    kyfdx 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.

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    flyingfox3flyingfox3 Member Posts: 5
    Michaell said:

    Michaell said:

    kyfdx 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.
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    MichaellMichaell Moderator Posts: 241,337

    Michaell said:

    Michaell said:

    kyfdx 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.

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    sdewey1sdewey1 Member Posts: 9
    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!
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    MichaellMichaell Moderator Posts: 241,337
    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.

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    sdewey1sdewey1 Member Posts: 9
    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!
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    MichaellMichaell Moderator Posts: 241,337
    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.

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    sdewey1sdewey1 Member Posts: 9
    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!!
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    shellzshellz Member Posts: 51
    Hello, do you have leasing information for the 2016 Passat 1.8t SE w/ technology package in Houston? Thanks.
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    kyfdxkyfdx Moderator Posts: 237,266
    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.

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    samy_nysamy_ny Member Posts: 4
    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.
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    kyfdxkyfdx Moderator Posts: 237,266
    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

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    davearizonadavearizona Member Posts: 15
    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.
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    kyfdxkyfdx Moderator Posts: 237,266

    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.

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    newbeee1newbeee1 Member Posts: 9
    Dear expert, do you have the leasing info for the 2017 Passat 1.8t SE in San Francisco Bay Area? Thanks.
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    kyfdxkyfdx Moderator Posts: 237,266
    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

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    newbeee1newbeee1 Member Posts: 9
    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?
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    newbeee1newbeee1 Member Posts: 9
    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.
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    newbeee1newbeee1 Member Posts: 9
    the tax rate is 8.75% for the above.
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    MichaellMichaell Moderator Posts: 241,337
    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.

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    MichaellMichaell Moderator Posts: 241,337
    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?

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    newbeee1newbeee1 Member Posts: 9
    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?
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    newbeee1newbeee1 Member Posts: 9
    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?
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    kyfdxkyfdx Moderator Posts: 237,266
    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

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    adamt12adamt12 Member Posts: 21
    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?
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    kyfdxkyfdx Moderator Posts: 237,266
    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

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    madne55madne55 Member Posts: 12
    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!
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    kyfdxkyfdx Moderator Posts: 237,266
    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!

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