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Volkswagen Beetle Lease Questions

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

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

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#20 of 42 VW Beetle Convertible - Pkg 1 by bstewedmunds Jul 23, 2007 (6:29 am)
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. Replies to this message: Car_man (Aug 08, 2007 1:28 am) bstewedmunds (Aug 08, 2007 4:57 pm) Car_man (Sep 20, 2007 2:31 am) and 2 more... apudiyap (Sep 12, 2007 2:56 pm) cluelessinca (Sep 15, 2007 3:40 pm) and 1 more... Car_man (Sep 20, 2007 3:07 am)
#21 of 42 residual at 57% on 15k??? Sound right? by superman2424 Jul 24, 2007 (9:42 am)
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! Replies to this message: Car_man (Aug 08, 2007 1:35 am)
#23 of 42 Re: Quick Question [scottyb1] by Car_man HOST Aug 08, 2007 (1:13 am)
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 Host 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)
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 Host 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)
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 Host 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)
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 Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: bstewedmunds (Aug 08, 2007 4:57 pm) Car_man (Sep 20, 2007 2:31 am) cluelessinca (Sep 20, 2007 12:54 pm) and 1 more... apudiyap (Sep 12, 2007 2:56 pm) cluelessinca (Sep 15, 2007 3:40 pm) Car_man (Sep 24, 2007 1:11 am) Car_man (Sep 20, 2007 3:07 am)
#27 of 42 Re: residual at 57% on 15k??? Sound right? [superman2424] by Car_man HOST Aug 08, 2007 (1:35 am)
Replying to: superman2424 (Jul 24, 2007 9:42 am) Hi superman2424. There actually isn't much profit margin for dealers on Beetle Convertibles. There is a difference of approximately $1,300 between the MSRP and invoice price of the car that you are interested in. Fortunately, Volkswagen is currently providing a $750 cash incentive on leases of non-Triple White Beetles through VW Credit. This gives you a total of around $2,000 to play with. I personally would want a larger discount than $800. Try comparison shopping with a few dealers. I am sure that you will find one that is anxious to unload their remaining 2007 models now that the '08s have begun to arrive.   The money factor that you were quoted is also too high. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a non-Triple White Beetle Convertible with 15,000 miles per year are .00061 and 62%, respectively. Make sure that this is the lease program that the dealer you are working with uses to calculate your car's monthly payment.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#28 of 42 Re: VW Beetle Convertible - Pkg 1 [Car_man] by bstewedmunds Aug 08, 2007 (4:57 pm)
Replying to: Car_man (Aug 08, 2007 1:28 am) Thank you Car_Man for your response. Here is the information.   VW Beetle non-triple white.   MSRP - 25,400 Cap Cost - 23,900 10,000 or 12,000 miles Sales Tax 6.5% Replies to this message: Car_man (Sep 20, 2007 2:31 am) cluelessinca (Sep 20, 2007 12:54 pm) Car_man (Sep 24, 2007 1:14 am)
#29 of 42 lease "trade-in" by eargrrl Aug 21, 2007 (1:11 pm)
Not sure where to post this question so I'll try here.   We are looking at leasing a new beetle but are in the last few months of a lease on a toyota Rav4. The VW dealer says they can "pay off" the Rav4 lease when we lease a VW. How does it really work when you return a leased vehicle to a dealer of a different company and lease a new car from them? I feel like we should ride out the Toyota lease, turn it in to Toyota and start from scratch with VW. Any thoughts? Oh, the VW dealer quoted a trad-in value on the RAV of $9,000-$12,000. Replies to this message: Car_man (Sep 20, 2007 2:34 am)

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