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Prices Paid: Buying & Leasing Experiences Volkswagen Jetta Prices Paid and Buying Experience
424 messages, Last post on Jul 23, 2008 at 6:29 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: crikey (Nov 01, 2007 8:57 am)
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Replying to: vwenthu (Nov 01, 2007 12:35 pm)  I think she's starting to assimilate herself into ownership of it. I had a chance to drive it this morning for a lengthy distance and between cruising and WOTs, I averaged 30.4mpg during the entire trip. The DSG is wonderful, a quick flick on the left and passing is flawless. The sport suspension is really buttoned down without being harsh going over potholes. The Xenons are awesome. The sound system is more than enough for me. So far, I can't say anything bad about it. If you find yourself choosing between the GLI and a regular Jetta, don't hesitate to pick the GLI.
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| just thought I'd share my experience... Today I leased a 2008 Jetta SE (black with beige leather interior) for $199 a month plus tax for 39 months. I negotiated a $21,000 purchase price - the invoice was $20,775 including the destination charge and other fees. They gave me $3,500 for my trade in, which was $500 over the blue book value. They gave me a 60% residual value of $12,885 after 39 months. So the difference between my purchase price + trade in and the residual value was only $5,755. But they charged me a money factor of .00278, which is higher than any factor i've seen on this board, and they wouldnt budge on it. It ended up adding about $3,700 to the cost. Also, the way they calculate that cost seemed completely arbitrary. What does adding the residual value to the capitalized cost and then multiplying it by the money factor have anything to do with the value of the lease? The business manager at the dealership couldn't explain it to me. I kept arguing that leasing this vehicle was equivalent to financing the depreciation ($5,755) over 39 months, and they were charging me $3,700 to borrow that amount... thats like charging a 70% interest rate. I couldnt get them to recalculate it at all. They came at me first with $251 per month plus tax... we dealt for about 2 hours before they finally gave me $199 per month plus tax ($213 total). I'm still not convinced I got the lowest price, but they were giving me extra money on my trade that i wasnt expecting and i didnt think i could get the same trade at another dealer. I had actually spent a total of 4 hours at the dealership at that point talking to 3 different people... I wanted to get it $200 including tax but I also wanted to get out of there. It wasn't quite the gold medal, but it felt like a well deserved silver. | |
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Replying to: crikey (Nov 02, 2007 7:19 am)
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Please reconsider this decision. Had one many years ago and it always leaked and ruined the car as far as we were concerned. The wife tried in vain to talk me out of it but I was young & stubborn. Shoulda listened. Now that I'm older & wiser...?, still think aftermarket roofs are a bad idea. At least get one from the factory or pass completely. At least with a factory installed roof, it'll be covered under warranty. Think before you do it!!!! Showed the wife a new Passat on the road yesterday afternoon and both agreed it's nicer than the Jetta. It's just a bit to big for the wife. Need time to convince her. The Sandman 
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Replying to: sandman46 (Nov 04, 2007 6:14 am) . As per the dealer, both the sunroof and installation come with warranty. I just hope that the technology has improved over time.
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Replying to: vwenthu (Nov 03, 2007 5:22 pm) You should check the Car and Driver issue for December as they share their experience with their long-term test of the VW GTI. One of the issues that came up with the GTI was the sunroof. This was a factory sunroof, not aftermarket. I'm not sure how comfortable I'd be with an aftermarket one. Less moving part, less things to break. 
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| I live outside of NYC and I'm considering an 08' gli with manual transmission, autobahn pkg, hufeisens, ipod adapter. The dealer tells me he can get me the car I want in black without delay. What are the current money factor, residual, etc for this vehicle. Any idea what I can expect to pay on a 36-month lease with 15k miles per year on this baby in NY? | |
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Replying to: snilakhe (Nov 01, 2007 9:52 am) |
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Replying to: crikey (Nov 04, 2007 12:50 pm) |
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