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Volkswagen TDI Models Prices Paid and Buying Experience

831 messages,  Last post on Nov 18, 2009 at 9:08 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Volkswagen Golf, Volkswagen Jetta, Volkswagen Passat, Diesel, Coupe, Sedan, Wagon


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#355 of 831
Re: jetta tdi lease [mdl3r1] by modo4128
Jan 03, 2009 (7:32 am)
Reply

Replying to: mdl3r1 (Jan 02, 2009 6:09 pm)

thanks for the feedback...here are some more #s from our lease agreement:
 
we paid the first month's lease payment at close so there are 35months remaining on the lease.
 
736 closing = 441 (lease payment #1) + 237 registration fee + 58 CA Tire fee
 
Gross Cap Cost 25688
Adjusted Cap 25688
Residual Value 15037
Depreciation 10650
Rent Charge 4002
Base lease 407
Lease tax 34
 
the dealer indicated that on the TDI, VW requires them to use a standard residual value and money factor. I believe the money factor is .00312. the rate is higher than their other models as the TDI is in hi demand right now.
 
hope this clarifies the math. thanks again for any input.
#356 of 831
Re: jetta tdi lease [modo4128] by gagrice
Jan 03, 2009 (8:01 am)
Reply

Replying to: modo4128 (Jan 03, 2009 7:32 am)

I have only leased once back in 1976. I always felt it was a rip-off unless you were writing the entire amount off to your business. It looks to me like you are paying about 15.5% interest for the 3 years you are leasing that vehicle.
 
I prefer beating the dealer down below invoice and paying cash or borrowing from my Credit Union. I hate giving big bucks to the bank when they are paying little or nothing for that money.
#357 of 831
Re: jetta tdi lease [mdl3r1] by investor27
Jan 06, 2009 (7:40 am)
Reply

Replying to: mdl3r1 (Jan 02, 2009 6:09 pm)

I don't understand the "Rent Charges." So you are leasing the car and you are paying monthly (in this case $440 per month) with your own money. Why do you have to pay an additional $4000 "Rent Charges?" Thanks.
#358 of 831
Re: jetta tdi lease [investor27] by kyfdx HOST
Jan 06, 2009 (8:07 am)
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Replying to: investor27 (Jan 06, 2009 7:40 am)

The rent charge is the finance portion of the lease
 
Depreciation + finance + tax = lease payment
#359 of 831
Re: jetta tdi lease [investor27] by mdl3r1
Jan 06, 2009 (11:11 am)
Reply

Replying to: investor27 (Jan 06, 2009 7:40 am)

Yes, investor27. I thought leasing was also "renting" but not really. One is paying the depreciation, just like in buying you incur that "loss" but you just don't "keep the car" necessarily. So, you still have money being tied up and transferred, and the bank/leasing company charge interest all the same on the transaction. VW sells the car to dealer, dealer sells to you and me, and whether buy or lease, a banl/lender/lease company pays for the car to the dealer...then you and i either "pay to keep" or "pay to use only for the term and pay depreciation only"...Uncle Sam gets their tax...and the lender involved also gets their interest for lending it during the term....
LeasingGuide.com explains it pretty well for us newbies...
#360 of 831
Re: jetta tdi lease [investor27] by hlcastelo
Jan 06, 2009 (1:09 pm)
Reply

Replying to: investor27 (Jan 06, 2009 7:40 am)

$440 per month seems high. Here in South Fl, I was able to lease TDI 6speed manual, sun roof, ipod adapter and 17 inch wheels for $345 month plus tx for a 36 mos lease (financed by US bank). Car MSRP was $24,650. The lease is for 15K miles a year. Cash out the door which included first payment was $585. It took about an hour and some negotiation. This in late October, 2008, imagine now one can probably do better.
#361 of 831
Some Great Resources I've Found by hulkedup
Jan 11, 2009 (2:47 pm)
Reply
TDIClub.com has some great resources for buyers:
 
Prices Paid for 09 Jetta TDI
 
It seems most people have been paying MSRP for the TDI Jetta, but over the last few months, people were reporting paying under MSRP, so the market may be improving.
 
Dealer selling TDI Sportwagens for $600 over dealer invoice
 
Same Dealer offering TDI sedans for $300 over dealer invoice
 
I went to a dealer this weekend to look at the Sportwagen. The dealer told me that VW is only bringing in 4,500 TDI Sportwagens this year so there are not that many available.
#362 of 831
by ndmike88
Jan 25, 2009 (1:22 pm)
Reply
Was at our VW dealer today (Sunday) and they have maybe 6 or 7 TDI's. Some had a market adjustment of 5% while some didn't have any adjustment. All were equiped about the same and going for about the same price. Any reasons why??
#363 of 831
Re: [ndmike88] by gagrice
Jan 25, 2009 (4:54 pm)
Reply

Replying to: ndmike88 (Jan 25, 2009 1:22 pm)

I would say they are dreaming of a sucker walking in and plunking down his hard earned, without researching the auto market. I cannot imagine any car in the USA going for MSRP today. It is a BUYERS market. Even BMW is dealing and being pleasant to anyone that walks through the door. If you are serious and the dealer has something you like. Offer $1000 under invoice and go from there. I know we have about half dozen VW dealers here in SD. All have Jetta TDIs on the lot for sale. The wagons are in shorter supply and would require some squeezing to get to invoice.
#364 of 831
Re: [gagrice] by ndmike88
Jan 25, 2009 (5:37 pm)
Reply

Replying to: gagrice (Jan 25, 2009 4:54 pm)

I understand what you are saying but why would some have the "adjustment" and some others not have it????

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