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Car Buying Advice - Help me Negotiate a good lease deal on a 2017 Passat R Line.

logantrkylogantrky Member Posts: 8
edited May 2017 in Volkswagen
I am a first time lessee and would like everyone's input on this offer and what I should negotiate with this lease. I'd like at least a 15K/36 month lease. I'm having a bit of trouble understanding the residual and MF numbers and what they mean. Any explanation or advice is welcome. This is the offer I have been quoted from a local dealer: Location: Tennessee Model: 2017 Volkswagen Passat R Line MSRP: 25,440 15K/36months Down Payment: $2,000 (includes all fees/taxes according to dealer) Monthly Payment: $266.48 OR 18K/36months Monthly Cost: $298.57 Thanks for your help!
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    MichaellMichaell Moderator Posts: 241,984
    logantrky said:

    I am a first time lessee and would like everyone's input on this offer and what I should negotiate with this lease. I'd like at least a 15K/36 month lease. I'm having a bit of trouble understanding the residual and MF numbers and what they mean. Any explanation or advice is welcome.

    This is the offer I have been quoted from a local dealer:

    Location: Tennessee

    Model: 2017 Volkswagen Passat R Line

    MSRP: 25,440

    15K/36months

    Down Payment: $2,000 (includes all fees/taxes according to dealer)

    Monthly Payment: $266.48

    OR

    18K/36months

    Monthly Cost: $298.57

    Thanks for your help!

    Suggest you start here for your lease research:

    https://www.edmunds.com/car-leasing/

    Edmunds Price Checker
    Edmunds Lease Calculator
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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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