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Volkswagen GTI Lease Questions

270 messages,  Last post on Dec 04, 2009 at 9:57 PM

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What is this discussion about? Volkswagen Golf, Car Leasing, Hatchback

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#134 of 270 Leasing a 2007 GTI - Atlanta Area by s_atl Sep 12, 2007 (6:53 pm)
Hello Guys, Today I test drove a 2007 GTI 2-Door and I absolutely loved it! I want to get one really bad, hopefully this week. Could you please tell me what is the approximate monthly rate I can expect to get on a 36 month, 15,000 miles lease on one that's around $27,000 - with basically no money down (just the first payment, etc.)? My credit score is around 650. Any help from you is greatly appreciated, since I am on a limited budget, but in love with GTI! Looking for a ballpark figure, not an exact one. Thank you very much. Replies to this message: Car_man (Sep 24, 2007 2:23 am)
#135 of 270 2007/2008 GTI 4-door by pfje Sep 18, 2007 (4:02 am)
Does anyone know the money factor and residuals for a 24 month/15,000 year lease term?    Thank you in advance. Replies to this message: Car_man (Sep 24, 2007 2:25 am)
#136 of 270 Re: July Lease figures [joshknot] by Car_man HOST Sep 24, 2007 (1:18 am)
Replying to: joshknot (Aug 08, 2007 4:16 am) You're right, Josh, that was a typo. Sorry about that. Volkswagen Credit's September buy rate lease money factor and residual value for a 24 month lease of a 2007 GTI 2-Door with 15,000 miles per year are .00158 and 63%, respectively. The numbers for an otherwise identical 36 month lease are .00158 and 54%. The numbers for the 4-Door version of this car are currently exactly the same.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#137 of 270 Re: August lease figures [cicilbri] by Car_man HOST Sep 24, 2007 (1:40 am)
Replying to: cicilbri (Aug 15, 2007 7:35 pm) Hi cicilbri. The best way to get a good deal on a leased vehicle is to negotiate as low a selling price as you can and then have the dealer that gives you that price calculate your car's monthly payment using its buy rate lease money factor. You are off to a good start because you already know what selling price the dealer you are working with is using. It is tough for me to give you my opinion of this price without knowing what this car's MSRP is, but I can tell you that you should shoot for a selling price of right around dealer invoice on a leased '07 GTI right now. The $500 lease cash that Volkswagen is currently providing on this model should make a selling price of dealer invoice possible in areas that have a decent level of competition. You can look up the invoice price of the exact model that you want by visiting the following section of this site: Edmunds.com - New Vehicle Pricing.   Once you arrive at a selling price that you are comfortable with, have the dealer that gives it to you calculate your monthly payment using VW Credit's current buy rate lease money factor of .00043.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#138 of 270 Re: 08 LEASE PROGRAMS?? [pollofrito81] by Car_man HOST Sep 24, 2007 (2:14 am)
Replying to: pollofrito81 (Aug 16, 2007 3:11 pm) Here's the information that you're looking for, pollofrito81. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2008 VW GTI 2-Door with 15,000 miles per year are .00171 and 55%, respectively. The money factor for an otherwise identical lease of a GTI 4-Door would be the same, but its residual value is one point lower.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#139 of 270 Re: Leasing a 2007 GTI - Atlanta Area [s_atl] by Car_man HOST Sep 24, 2007 (2:23 am)
Replying to: s_atl (Sep 12, 2007 6:53 pm) Hello s_atl. I completely agree with your opinion of the GTI. I love this car. I almost got one myself the mast time that I was in the market for a new vehicle, but its lease program just wasn't that great at the time. Of course, Volkswagen enhanced it significantly the month after I leased something else . Oh well .   Your lease payment for this car will depend upon what its MSRP and selling price are. In your post you mentioned a price of $27,000. Is that the MSRP or selling price of the car that you want? For now I will assume that it is its MSRP. Always remember that the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. A base 2007 GTI has a spread of around $1,500 between its full MSRP and its dealer invoice price. Plus, VW is currently providing $500 lease cash on it. This gives you a total of $1,500 to play with. Let's assume that you are able to negotiate a discount of $1,500 on the car that you want to lease and see what sort of lease payment we come up with.   According to my calculations, if you were to lease a 2007 Volkswagen GTI 2-Door that has an MSRP of $27,000 and a selling price of $25,500 through Volkswagen Credit right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $367.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#140 of 270 Re: 2007/2008 GTI 4-door [pfje] by Car_man HOST Sep 24, 2007 (2:25 am)
Replying to: pfje (Sep 18, 2007 4:02 am) Here you go, pfje. Volkswagen Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2008 GTI 4-Door with 15,000 miles per year are .00171 and 63%, respectively. The numbers for an otherwise identical lease of a 2007 model are .00158 and 63%. Volkswagen is currently providing a special $500 cash incentive on leases of the '07 model through VW Credit, but no cash on the '08 model.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#141 of 270 October Lease Figures by jackham Oct 01, 2007 (9:44 pm)
Hi Car_man   I am located in Los Angeles. and I am planning to lease a 2008 VW GTi 4-doors with manuel transmission. The ONLINE price (MSRP?) of my personalized option ended up to be $22,919. Looking for a 36-months period with 15,000 miles per year lease. My credit score is around 750 and I am willing to pay around 300-350 tax included monthly. Approximately how much the downpayment is need to walk out the door. Thanks   Jackham Replies to this message: Car_man (Oct 26, 2007 3:17 am)
#142 of 270 GTI Dilemma by upndwn Oct 16, 2007 (11:09 am)
I want a 2008 4 door GTI, "autobahn". It seems to have more rear seat head room than an A8 and is very versatile and does not waste fuel. It is a practical a fun car as I can imagine.   I am about to get a A4. That is because Audi wants me to. I can't help it. The MSRP on a A4 6MT, premium package, convenience package, Bluetooth, is about $36500. The VW is $26,800.   However, when you want a 36 month lease at 15,000/yr. the VW has a 54% residual and a MF in October of 0.00238. A4 has a residual of 59% which you can buy up to 60% by purchasing the all included service plan. The MF is 0.00128. Both spec out in the mid $400s.   I feel sorry for VW dealers and for me. Audi doesn't want to lease A3s either. I think their MF is 0.003?? and the residual is down because VW/Audi thinks hatchbacks don't have resale. This from the company that makes A4 and A6 Avants. I don't get it.
#143 of 270 Lease by jonahmc Oct 22, 2007 (3:58 pm)
What do you think about this deal (my credit is around 650 so I would be a b-tier)   2008 GTI DSG w/ 18 inch wheels (PKZ), Sunroof, and GTI matt kit   Cap Cost $25,750 (That's $200 over their invoice) 39 Month Lease 57% Residual Money factor .00261 plus addl .00045 for b tier Zero Down $430 a month   Thanks in advance! Replies to this message: Car_man (Oct 29, 2007 1:08 am)

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