2012 Volkswagen Passat Price Drops by $7,000
To show just how serious they are - they've announced the price of the new 2012 Volkswagen Passat: $7,000 less than the current 2010 version.
When the new Passat hits dealer showrooms later this year, the starting price will be around $20,000.
This will make the Passat much more competitive price-wise with the Toyota Camry and Honda Accord - and will almost match the starting price of Hyundai's Sonata.
Although the price makes the Passat more attractive, there are a couple of issues that might hurt sales.
Some have criticized the styling as being too bland and boring. (You can judge for yourself below)
The other issue - Volkswagen is building the Passat in a brand new $1 billion manufacturing plant.
Whenever a new model is introduced, it usually encounters production and quality problems in its first year.
Since the Passat is being built in a brand new manufacturing plant, this adds an additional factor that may contribute to more quality problems.
Nevertheless, if you're considering a Hyundai Sonata this year, you should definitely check out the Passat as well.
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid