VW of America: Lease plans for VW Jetta and VW Passat

Volkswagen of America is introducing lease plans for the VW Jetta and the VW Passat and they are offering a really great deal: $0.00, no money down!

Scrambling to lure customers into its showrooms after a grim sales month in October, Volkswagen of America is subsidizing leases on its two newest vehicles, the redesigned 2006 Passat and Jetta sedans, according to the company's consumer Web site.

The 39-month lease deals require no money down. Monthly payments are $249 on the Jetta and $299 on the Passat. The lease offer runs through Jan. 3. The lease program is a significant departure from VW's traditional sales philosophy.

The move came after VW reported a 21.4 percent year-to-year sales drop in October. It comes in tandem with the announcement by General Motors on Monday of a sweeping "red-tag" sale on many of its 2005 and 2006 models.

GermanCarBlog, VW Jetta, VW Passat

Source: Inside Line

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