Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
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If it is, is it worth the money?
Which color do folks here like better?
these two colors...
VW does not surcharge for Metallic or Pearl paint except on the
EuroVan...
"You should probably expect to pay a bit more for something that is custom ordered for you...just as you would with a suit or a shirt...What that exact number is will be determined by you and your VW Rep."
This doesn't jibe with edmunds.com comments on dealer holdback. (http://www.edmunds.com/advice/incentives/holdback/index.html). Since the dealer receives holdback from the manufacturer on any new car, and since the dealer is turning around and selling the car immediately, they essentially get to purchase the car below invoice and pocket the difference (this doesn't include the extra profit and amount they sell the car for over invoice). According to Edmund's this is 2% off of Base MSRP.
So, in some ways it seems as if a special factory order is more lucrative for the dealer.
Correct?
let you search out the detailed version on your own...
*Holdback* is a pooled asset that offsets an ongoing Debt... Holdback is
never figured or used in accounting against a specific car...
So your presumption is incorrect...
VW allocates cars on a very limited basis, and it takes one of your allocations for a factory order. The factory order cycle can take an excessive amount of time, and in fact, some orders NEVER get filled. From my experiences, there is probably about a 20-30% backout rate on orders. So the dealer has used up an allocation slot on a car that may take 4-6 months to get, and then have no buyer for it! If its a nice car that they won't have trouble selling (e.g. Reflex Silver) they won't worry about that, but that makes one less silver one they would get in the normal course of events. If its not a nice car (e.g. Mojave w/Beige Leather) it is seriously worrisome to think that you specifically went out of your way to order a car that will be extremely difficult to sell.
Jason
They will give you this crap not to negotiate on the price.. but I am sure there will be someone somewhere.. I just wish I find him SOON... ciao
Here are our details:
Silverstone w/ black leather, Lux package, moonson, homelink, in dash CD (on backorder).
48 month lease, 15 miles per year.
MSRP: 27,350
Cap cost: 25,005.
Acq fee: 490.00
residual: 49%
money factor: .00235 thru VW credit
total upfront costs: $1,044.39
Total monthly fee: $354.72 (includes tax)
I was told we purchased at dealer invoice. Any feedback will be appreciated.
Car is a beauty and drives so smooth.
Car_Man
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Almost 1600 below invoice...
Think I got pretty good deal...
I am really appreciative of yours awesome contribution to this discussion forum...
Please educate me..what's the deal with VIN starting with 1...
I'll post the VIN number in a later message as I dont have it with me right now...(out of town right now)
I have signed the deal last saturday and will take delivery this friday...
Car_man
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Last 8 digit of my Passat's VIN does not start with 1, in fact it does not contain 1 anywhere....
nevertheless, tell us about whats the deal with last 8 digit of VIN starting with 1...
thanks in advance
vkap@hotmail.com
Regarding the last 8 digits of the VIN, if the first character of those last 8 digits is a "1", then your car is officially a 2001 model (or 2001.5). If that character is a "2", then you have a 2002 model.
kcram
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Not to poo-poo this but I have a wee bit of trouble swallowing that one..
Bill
It amazes me that anyone would want to spend $20-30k on a car they can't even find in the parking lot at the supermarket. Is anyone here going to be excommunicated at work or the country club if their car isn't silver? Everyone has a silver Passat, get a blue one, or burgundy, seriously. Or maybe predict what's gonna be hot in five years when it's traded in.
It's the other (darker) colors, like hunter green, that are fickle.
Do you remember when silver with burgundy velour was big (late 70s-early 80s)?
I'd almost bet $$ that that was not a wholly factual post.
Re: Color. That depends on where you live...
I.E. A White/Beige car isnt super hot in NY City, and a Black/Black car is NOT good in FL...
Bill
Reflex Silver
5 Speed Manual
No CD
for
$25000
from the following dealer
Tulley VW
Nashua, NH
You can find the phone number from VW Site
charming and persusive man...
One dealer was ready for 25500 (2001.5 model)
Another was ready for 25700 (2001.5 model)
Hope this info helps
VWGuild - I guess I got lucky...I asked 25K for 2001.5 but got 2002
Carsurfer - I hope your messages helped you feel better...
Or you could post the phone number for the dealer with the name of your salesperson. I would be happy to call and verify. I did this before with an Escape that was sold for 500 under invoice.
It was true.
Till then .....
realize their error and make good on a quote
that you were given, or is this a mistake that you
feel that they made, and did not recognize?
$30,300 in northern NJ last night. 200 less than the carsdirect.com price w/o CD. didn't have to mention that price to get it. About $500 over invoice with the cd thrown in. the invoice was about $250 over the edmunds invoice accounting for port and ad fees. seemed like a fair deal
Once substantial sales numbers of 02 models can be assessed, Edmunds will be able to accurately determione TMV. It would be unfair to generate such values on very limited sales.
kcram
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