2017 Passat SE with Tech Lease (Close Out)

Ask the Hackrs
1

Hi Guys,
Can you please evaluate the quote for 2017 Passat SE with Tech (Wisconsin)?

Zero Down, 12K Miles Per Yr.
Monthly Payment: $374

MSRP $29,464.95
Residual Value $12,964.58
Money Factor .000960
Final Price: $23,600

Thanks.

2

I wouldnt consider that final price to be super strong considering its a 17 they probably want to move.

http://www.volkswagenofunion.com/new-volkswagen-passat-union-nj?_gmod[0]=Dfe_Modules_VehiclePrice_Module&_gmod[1]=Dfe_Modules_CustomizePayment_Module&direction=asc&t=n&make[]=Volkswagen&model[]=Passat&trim[]=1.8T%20SE%20w%2FTechnology&sf=sf_trim

3

Your money factor is also bumped from .00001 to .00096 which is where your deal suffers some.

mf is .00001 and residual is 44% on that trim this month.

4

These lease terribly so if you like car it’s probably better to purchase it. You can probably get same price on the 2018 model lease or buy plus the 2018 comes with a 6 yr/72k mile warranty if you end up purchasing it outright or at lease end.

5

Thanks for the info guys…