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What dealership gave you that deal? My dealership is willing to match any offer in the country and you seem have received a great deal on your lease. I would really appreciate your feedback.. Thank you.
DealHound
Good luck
Volkswagen Passat: Lease Questions
Look for replies there...
regards,
kyfdx
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Cap reduction 845\
First payment 309 (inc tax)
Sec Dep 300
Acquisition 425
Title/fees 50
Cap cost 26,026
36mo 36,000 miles
Thanks, how long does it take for a response on this website? I was just curious I posted some help the other day and no one responed.
Thanks,
Traydog
If you are looking for specific advice and input on lease numbers for a particular vehicle, then Car_man usually gets to posts at least once per day, more or less...
It isn't an exact science...
regards,
kyfdx
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Thanks! Car_man did respond back and is helping me thank you.
Thanks! Car_man did respond back and is helping me thank you.
Thanks Dan
thanks :shades:
Someone purchased it and returned it a month later.
Sticker Price new was $29,700.
What would a fair price be? Any help greatly appreciated!
I am also looking to buy a new passat, in fact test drove it today. Drives like a dream; the only thing which sucks is the front passenger seat recliner (extremely hard to reach it). And I didn't even know that you could switch the transmission between automatic and manual (without clutch of course).
Haven't started negotiations yet, but would be offering 25000 (with the rear curtain airbags as added option) if I do decide to buy the car.
PT.
MSRP= $29, 765
Invoice= $27,447
I paid $27,814 ($367 over invoice)
I am leasing it for 36 months with 18,000 miles. Total monthly payment (before tax) = $363.73
Seems like a good deal to me!
i just purchased a volkswagen passat 2006 2.0t sedan at VW dealership in lewisville texas. i signed on the financing for 3.99% for 3 years with a downpayment of $4000. i drove away with the car on 09-29-05 the finance manager told me the VW credit had not yet approved my financing and it might be monday before they do it. they didnt have the color i wanted so they told me that they had to drive it down from oklahoma city, the new car had 252 miles on it already. The finance manager was very rude to me when i called him today to see if VW credit had approved my financing. what should i do on monday if the finance manager tells me that i had not been approved for 3.99%by vw finance please advice me as i am a first time car buyer.
When I took it for a test drive, the guys credit report was in the manual in the glove box.
It was dated 8/15. I questioned the sales guy about it and the fact that 2800 miles is a lot of miles to be putting on a vehicle in 1 month and again 'Why the return?' He said he did not know, but the guy bought another Passat. I told him that was even wierder.
The car drove great and was in fine shape, but due to all considered I was not going to pay more than 24000. They want 24500 so I said that would not work and they have not called back.
Sometimes that will motivate them to find equivalent financing..... and, you will find out if they really can't get you financed at that rate, or they are trying to jack up the rate on you...
Many dealers would rather cut the price of the car to get the same payment and terms vs. having to take the car back..
regards,
kyfdx
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I'm trying to lease the same vehicle in northern cal.
msrp. 24,640
down payment 2,500
339.04 monthly
12k/36
lease factor 4.8%
I've been told to negotiate like you're purchasing the vehicle.
David
PT.
The VP Passat at $24,650 with 59% residual and Money Factor (interest rate) of 0.00065 (equal to 1.56%, for tier 1 credit) with a sales price of $22,600 should be $247.93 month + tax. At MF = 0.0075 (1.8%, possibly tier 2 credit), it is $251.65 + tax. Nothing down. Hope this helps.
Is there a typo in your numbers? The standard lease factor is 1.56%, and Dan had 1.8%. You would have to have a horrible credit score to get 4.8%. Even if the 4.8% is correct, if you paid full MSRP, with $2,500 down, and using the 59% residual for 36 months and 4.8%, I calculate your payment before tax of $285. I suggest you use Edmund's lease calculator and then go back to your dealer...or better yet, goto another dealer.
$359.00/month
36 months
12,000 miles/year
525.33 due at signing
Month End Sale
World VW, Neptune NJ
The Best.
Here's the dilema - My pocket book is getting killed b/c I have an 03 Chevy Crew Cab Diesel fully loaded with canopy that's sporting about 13.7MPG in town = $60-$70/week. I'm a Realtor, and needless to say I drive too much! I own it free and clear.
My wife and I are thinking we need to buy a VW Passat, V6-4 motion. Found a great 03 w/ 25k miles fully loaded for $24k.
Question 1: Should I buy it? I could pay cash and sell my truck on my own..., or is that even smart? or trade the truck for what I feel is $5000 less than what I can get on my own?
Question 2: Will it make sense in the long run?
Please Advise
MODERATOR /ADMINISTRATOR
Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
Review your vehicle
Also contact the dealer service departement and research by VIN # the service history of the car, make sure you check all the VW dealers in the area.
Again personally I wouldn't buy this car, you just never know
Just my own opinion
A lot of people don't know this, but in some states you have up to 3 days after signing the paperwork in case you discover any discrepancy with the paperwork you can return the car.....
Anyway stay firm with the rude finance manager.
the passat is a nice car to drive, but i thought that it could have been more stable,maybe i am being too critical. i compared it to the audi A4 1.8t and i felt that the audi is more stable especially on highways.
any comments?
An Accord with heated leather seats, sunroof & automatic goes for $25,500; a Passat $27,440. The 2005 Passat drove better than the Accord, but I'm not convinced the '06 Passat does. Sure, there is the extra 34hp and extra gear in the transmission, but is that worth $2k??? And where do you find 95 octane fuel, as recommended by VW? Just my $0.02, and yes I drive a German vehicle today.
That sounds like a european requirement.... They have a different method of calculating the octane...
Most US market cars have a maximum requirement of 91 octane.. I haven't checked it, but I doubt the Passat is any different.
regards,
kyfdx
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I agree most US cars call for maximum 91 octane, so this caught me by suprise too. Could this be due to the high compression ratio? This engine is also in use in the Audi A3 & A4.
You know, I could be wrong... it happens fairly often...
But, I still think those are european octane numbers... If you look on a fuel pump, you'll see the the octane number sticker and on it, it will have R+M/2.
That is the US method for calculating octane... It is an average of the Research method and...and.. whatever M stands for...
One of the numbers is higher (the R number, I think) and one is lower, and they are averaged for the US octane number.. In Europe, they just use the higher number...
That new 2.0T engine has been out in the Audi for over six months... Pretty hard to see how that wouldn't raise a big stink, if it actually required an octane number that is basically not available in the US...
regards,
kyfdx
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(anxiously awaiting to be proven wrong)
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2.0t, auto, P1, cold weather pkg, MSRP $27,440; invoice $25,357
Sell price $25,724 + ttl + doc fees
Then I was told the lease money factor for 36 months went from 0.00065 in September to 0.001214 as of Oct4. Residuals of 59% for 36k miles & 57% for 45k miles stayed the same. With tax that is an additional $25/mo. :mad:
2.0T 6A : MSRP: $24,975 Invoice: $23,058
Package 1: MSRP: $1,625 Invoice: $1,485
Cold Weather Pkg: MSRP: $225 Invoice: $199
Destination Charge: MSRP: $615 Invoice: $615
TOTAL MSRP: $27,440 Total Invoice: $25,357 According to Edmunds
Total Invoice: $25,715 According to Dealership
Sale Price: $25,500 + TTL
I financed through my personal credit union for 2.9% over 36 months. I don't mind the higher payments because of the lower interest. But if you can't afford the higher payments suggest looking into 48 months or longer term. Hope this helps everyone negotiate.
PS: Thank you soooo much whoever posted about the mistakes about the Package 1's with the with the multifunction steering wheel. You saved me an easy $2000, because I didnt want leather anyway. But I still get the leather wheel, shifter, and the cool wheel buttons all for FREE!!!! THis site helpmed me tons. I love my VDUB, and the Key is what sold me.
Also, according to the Owners Manual the car will take Premium(91) OR Regular unleaded (87), therefore, even if you put in 87, you still are covered under warranty.
The price between base model of Passat 2.0T and value edition is around $950, while I don't know what different features cause this price difference.
Any one can help me?
Thanks,
Kevin
Invoice: 31,495 (est.)
Price paid: 27,253 + TTL
Took a firm stance and leaving the dealership when negotiations "failed" but they called 10 minutes later.
[I estimate the invoice at $40 less than the invoice for current cars in this configuration. This was an older '05 at an older sticker of $40 less than the current sticker.]
John
Did you ever buy that car? - I am looking at a new '04 GLS right now, with leatherette, auto, cold weather and esp, and the dealer offered me a sale price of $20,595 plus TTL. I wonder if this is a good price considering it is a 2004 model? I will still have the full warranty, but I am worried about the depreciation factor. I can buy the same car as an 05 model for $22,500. Which one should I buy? Does anyone else have any advice??? Thanks.
I checked the invoice price for the 06 Passat 2.0T Auto with pacakge #1 on edmunds. The price shows $25158. But one dealer told me the invoice should be $25525. Which one is the right one? I am really confused. Is that possible different dealers have different invoice prices?
Thanks!
Edmunds doesn't include those, as they may vary by region or metro area...
regards,
kyfdx
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