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Volkswagen GTI Lease Questions

271 messages, Last post on Dec 05, 2009 at 11:17 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: jackham (Oct 01, 2007 9:44 pm) Let's work up a sample lease payment on the car that you are interested in and see what we come up with. You never mentioned its selling price, so for now I will assume that you are able to negotiate a $1,000 discount. According to my calculations, if you were to lease a 2008 Volkswagen GTI 4-Door that has an MSRP of $22,919 (this might now be the correct MSRP...it sounds a little low) and a selling price of $21,919 through Volkswagen Credit right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $342. As you can see, this is actually pretty close to your target payment with nothing down. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jonahmc (Oct 22, 2007 3:58 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hello Car-man, I want to lease a 2008 2-door GTI, automatic with autobahn package for 36 months, 12K/yr, with little or no down per your advice. I should be top tier credit. The MSRP is $26,825, and invoice is $25,062. So assuming a purchase price of $25,300, what would my monthly payments be? What is the current money factor, residual amount? Can individuals find the money factor and residual amounts on their own? Lastly, how good is VW's nationally advertised GTI lease special? (39mo, 12K, $299/mo., $2420 due, on $23,370 MSRP) Thanks for this wonderful resource you provide! |
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Hi Car_man, Went in to the dealership this weekend where I was offered the following GTI lease deal. I am looking for a 3yr/36k miles lease on a base 4 door GTI MkV automatic. Unfortunately there apparently are no "base" models left in the entire state of Arizona and the closest thing they have is one with upgraded wheels, that I do not care for and which adds $900 to the price of the car. Here is what I was offered: * $25,835, including startup fees of $1,100 * $0 OTD * 0.00097 money factor, 55% residual * $379/mo + tax What do you think of this deal? That price seems a little high even with $1100 startup fees and $900 wheels, it seems I'm still about $1000 over invoice. The money factor seems low (works to about 2.3%), although I have good credit (735) it seems lower than what I have seen posted here. Looking forward to your feedback. Thanks in advance. |
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Replying to: Car_man (Aug 08, 2007 1:37 am) |
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$309/Month. 36-Month Lease 2008 GTI 2.0T 2-door with manual transmission $0.00 Due at Signing. Based on MSRP of $23,370.00 (more details see VW homepage) Of course the closest thing I find in my area is more like $25k. What do you think I can expect from the dealers as far as monthly payment with the more realistic MSRP? What money factor and residule value are they using for this promotion?
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Replying to: matt_70 (Nov 08, 2007 3:54 pm) Car_man, for the month of November, can you please let me know what is the money factor and residual value for a 2008 GTI 4dr automatic? My credit is ~735 and I am looking at a 3 year, 12000 or 15000 mile lease. Assuming I can negotiate a decent deal on the car, what kind of monthly payment would I be looking at? Thanks in advance for this great service! |
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Replying to: matt_70 (Nov 08, 2007 3:54 pm) 309 / $23.37 = $13.22 per thousand of MSRP $13.22 X $25K = $331/mo.
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Replying to: kyfdx (Nov 08, 2007 8:36 pm) |
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Replying to: Car_man (Mar 26, 2006 6:53 am) Looking at a 2008 R32 to lease. Sale price $33K, 10,000 per year, 36 month lease. Residual quoted at 59%, % rate of 7.2%. Quoted $561 per month, zero down. I have a credit score over 700. Is this close to the correct residual, any better money factors? Thanks for the help.
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