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Volkswagen Beetle Lease Questions

42 messages,  Last post on Sep 30, 2007 at 2:55 PM

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

What is this discussion about? Volkswagen New Beetle, Car Leasing, Convertible, Hatchback


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#17 of 42
Specific on a lease in California by 90angrybees
Jul 14, 2007 (4:57 pm)
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So my wife has come back from the dealerships with 3 cars she likes. Mini & VW lead, so, on the VW side we have,
 
2007 Beetle convert, triple White with everything.
Cost $29,800 : 0 down = $405+tax 36 monthly payments. Dealer stated number could come down a bit once credit report is run.
So what should I expect to negotiate:
Edmunds new car with everything:
$28,877 (what others are paying -$500) so thats the cap cost
12,000 miles
36 month
0 down or $3000.00 (I can do either)
60% residual
 ?? Money factor (assume 0.00103?)
__________
 ?? Monthly fee
What would be a great deal and what would be a good deal?
#18 of 42
Naughtly VW new lease offers by 90angrybees
Jul 18, 2007 (10:31 pm)
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Looking to see input on lease and HEY a banner ad for a VW lease, $219 bla bla. Link takes me to VW.com and what do I read
- MSRP is different - add includes delivery charge, VW site does not
- Ad does not state down payment - VW.com has it at $2044 or 10% CORRECTION: scrolling text mentions the Down Payment. So fast I missed it. My bad.
- 61% residual price
- other little things but good news - deals are starting to pop up - cool.
#19 of 42
Re: Specific on a lease in California [90angrybees] by siman
Jul 19, 2007 (4:12 am)
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Replying to: 90angrybees (Jul 14, 2007 4:57 pm)

Hi there,
I am in St.Petersburg, Florida. I just got mine yesterday for the triple white conv.
This is what I paid for: The selling price is $25,397.00 and the money factor is .00126 (it is higher on the triple white version). The residual amount is 60% from MSRP = $15,978.00.
With $0 down (but actually I paid the 1st month plus upfront fee for a total of $623.71) and then the monthly lease $345.37 plus tax. It is a standard 36 month lease with 12K/yr. I forgot to ask about the $750 cash rebate, but not sure if they would let me
No other hidden fee!
Good luck with yours!
#20 of 42
VW Beetle Convertible - Pkg 1 by bstewedmunds
Jul 23, 2007 (6:29 am)
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What are the current money factors and residual values for the VW Beetle Convertible with Pkg 1. I'm interested in a 3 year lease with mileage at 10k, 12k, or 15k a year.
 
I've been quoted by a dealer a buying price of $23,966. Could you please let me know how much I should expect for a lease payment? My Florida sales tax rate is 6.5% if that helps.
 
Thank you very much for your help.
#21 of 42
residual at 57% on 15k??? Sound right? by superman2424
Jul 24, 2007 (9:42 am)
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I'm trying to get my girlfriend into a Beetle.. Package 1, 15k on a 36 month lease. O down.
 
They are telling me 57% residual, which seems very low to me considering their big marketing pitch is best residual value for it's class.
 
Money factor at .00120, which also seems high for her credit.. I was thinking more like .00103.
 
Dealer also wouldn't budge on Cap Cost.. Only $800 less than MSRP.
 
Where should I be on these numbers.. Thanks for any help!
#23 of 42
Re: Quick Question [scottyb1] by Car_man HOST
Aug 08, 2007 (1:13 am)
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Replying to: scottyb1 (Jul 10, 2007 5:11 am)

Hi scottyb1. While I don't believe that most manufacturers force dealers to honor their supplier purchase program, it is very uncommon for dealers to refuse to sell a vehicle through it. The only time that I have seen this sort of thing happen is on brand new or hard to get vehicles. You should not have any problem convincing a dealer to sell your mother a Beetle Convertible through VW's supplier purchase program.
 
The monthly payment that you calculated looks about right to me. I come up with $245 before tax.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#24 of 42
Re: Specific on a lease in California [90angrybees] by Car_man HOST
Aug 08, 2007 (1:23 am)
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Replying to: 90angrybees (Jul 14, 2007 4:57 pm)

Hi 90angrybees. Normally I would expect consumers who are in areas that have a decent level of competition to be able to get a Volkswagen Beetle Convertible for around $500 or so over dealer invoice and then have the $750 lease cash that is available on it subtracted from that. However, you are interested in the Triple White model. Not only is the lease cash not available on the Triple While, but I would not be surprised if it was a little more difficult to negotiate a good selling price on one.
 
Volkswagen Credit's latest buy rate lease money factor and residual value for a 36 month lease of a 2007 Triple White Beetle Convertible with 12,000 miles per year are .00126 and 63%. Using these numbers, an MSRP of $29,800, and a selling price of $28,877, I estimate that this car's zero down, pre-tax monthly payment should be around $341.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#25 of 42
Re: Specific on a lease in California [siman] by Car_man HOST
Aug 08, 2007 (1:25 am)
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Replying to: siman (Jul 19, 2007 4:12 am)

Congratulations on getting your new car, siman. Thanks for taking the time to share the details of your deal with everyone in this discussion. Don't forget to stop by the new Edmunds.com Dealer Ratings & Reviews section to share your thoughts on the dealer that you got your car from. Enjoy your new ride .
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#26 of 42
Re: VW Beetle Convertible - Pkg 1 [bstewedmunds] by Car_man HOST
Aug 08, 2007 (1:28 am)
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Replying to: bstewedmunds (Jul 23, 2007 6:29 am)

Here is the information that you're looking for, bstewedmunds. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a non-Triple While 2007 Beetle Convertible with 15,000 miles per year are .00061 and 62%, respectively. This car's 12,000 mile per year residual value would be 2% higher and its 10,000 mile per year residual would be 3% higher.
 
I would be happy to estimate what the monthly payment should be for the exact car that you are interested in, but in order for me to do so I need its MSRP, in addition to the selling price that you mentioned. Let me know what the MSRP is and I'll crunch some numbers for you.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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