- #37 of 42
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Re: VW Beetle Convertible - Pkg 1 [Car_man]
by cluelessinca
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Sep 20, 2007 (12:54 pm)
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Replying to: Car_man (Sep 20, 2007 2:31 am)
Thank you ! How much would it be if I put down $2000 ?
I have a feeling the dealer will throw me out if I show him that sales figure and those calculations. How did you arrive at a selling price of $23,900 ? and what residual did you use ? They say the residual is set by the bank and they are not able to alter that number - I think it was $15,200.
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- #38 of 42
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Re: VW Beetle Convertible - Auto, Pkg 1, Rubber Mats [cluelessinca]
by Car_man HOST
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Sep 24, 2007 (1:11 am)
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Replying to: cluelessinca (Sep 15, 2007 3:40 pm)
Hi Susi. The best way to get a good deal on a lease is to negotiate the lowest possible selling price on the car that you want. Shop around with a few dealers, there should be a number of them in the Los Angeles area, and go with the one that offers you the lowest selling price. Once you have found a price that you are comfortable with, have the dealer that gives it to you calculate your car's lease payment using its buy rate money factor. Volkswagen Credit's current buy rate for a 36 month lease of an '07 Beetle Convertible is .00043. Vehicles' residual values are not negotiable.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #39 of 42
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Re: VW Beetle Convertible - Pkg 1 [cluelessinca]
by Car_man HOST
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Sep 24, 2007 (1:14 am)
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Replying to: cluelessinca (Sep 20, 2007 12:54 pm)
You're welcome, Susi. I always advise consumers to go with zero down leases. I do so because if your leased vehicle is totaled in an accident or stolen and never recovered, any down payment that you made on it essentially disappears. Not only that, but down payments on leases do nothing to reduce vehicles' end of term purchase prices.
The selling price that I used to calculate that lease payment for bstewedmunds was supplied by him in an earlier post.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #40 of 42
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missed the lease specails :(
by celtic_dude
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Sep 30, 2007 (6:08 am)
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Well I so wanted to go and get a 2007 bug convertible but only just found out that the lease specials have ended. Could I expect some new lease program to come around again? Or would I be better off waiting till they offer a lease program on the 2008 convertibles.
I would like to try to find something around a payment range of $200 to $250 to lease. Any help or suggestions. Thanks
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- #41 of 42
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Re: missed the lease specails :( [celtic_dude]
by cluelessinca
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Sep 30, 2007 (6:22 am)
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Replying to: celtic_dude (Sep 30, 2007 6:08 am)
Not sure where you live but I thought the lease special ends tomorrow - maybe thats just CA ? In my experience dealers can extend that deadline just a bit. The lease special was $217 here but when I went to the dealer they said there were no more manual cars avail. They did not assist me in trying to find one. I went thru carsdirect online and they found me a wonderful dealer (casey chang at pasadena VW) who was a straight shooter, a joy to deal with, very professional and gave me the lowest price. He made suggestions to get my payment where I needed it to be and I got the car, without pkg 1, manual top, with the VW extended warranty (7 years 100,000 miles) plus tax each month for $272. Good luck to you !!
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- #42 of 42
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Re: missed the lease specails :( [cluelessinca]
by celtic_dude
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Sep 30, 2007 (2:55 pm)
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Replying to: cluelessinca (Sep 30, 2007 6:22 am)
Wow. Thats a great deal. Did you have to put any money down? I live in PA and the dealerships are closed on sundays. I may have to check out that carsdirect.
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