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Re: jetta tdi lease [investor27]
by kyfdx HOST
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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
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- #359 of 831
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Re: jetta tdi lease [investor27]
by mdl3r1
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Jan 06, 2009 (11:11 am)
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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...
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- #360 of 831
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Re: jetta tdi lease [investor27]
by hlcastelo
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Jan 06, 2009 (1:09 pm)
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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.
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- #361 of 831
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Some Great Resources I've Found
by hulkedup
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Jan 11, 2009 (2:47 pm)
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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.
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- #362 of 831
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by ndmike88
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Jan 25, 2009 (1:22 pm)
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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??
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- #363 of 831
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Re: [ndmike88]
by gagrice
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Jan 25, 2009 (4:54 pm)
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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.
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- #364 of 831
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Re: [gagrice]
by ndmike88
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Jan 25, 2009 (5:37 pm)
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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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- #365 of 831
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Re: [ndmike88]
by ruking1
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Jan 25, 2009 (5:42 pm)
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Replying to: ndmike88 (Jan 25, 2009 5:37 pm)
A quick ? A 5% adjustment to what?
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- #366 of 831
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Re: [ruking1]
by ndmike88
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Jan 25, 2009 (6:17 pm)
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Replying to: ruking1 (Jan 25, 2009 5:42 pm)
The "adjustment" was 5% of the MSRP. About $1,200 to $1,300.
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- #367 of 831
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Re: [ndmike88]
by ruking1
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Jan 25, 2009 (6:28 pm)
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Replying to: ndmike88 (Jan 25, 2009 6:17 pm)
It just sounds like part of the selling strategy.
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