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.
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and NADAGuides are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow 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