- #18 of 218
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Re: CAR MAN [stvnhrt]
by Car_man HOST
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Mar 26, 2006 (6:46 am)
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Replying to: stvnhrt (Mar 16, 2006 7:17 pm)
Hi stvnhrt. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.
Car_man
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- #19 of 218
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Re: 24 Month GTI With Package 1 Lease [ericw2]
by Car_man HOST
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Mar 26, 2006 (6:49 am)
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Replying to: ericw2 (Mar 18, 2006 4:56 pm)
Hello ericw2. If you were to lease a 2006 Volkswagen GTI 2.0T through VW Credit right now for 24 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00215 and 57%, respectively. VW is not currently providing any cash incentives on leases of GTI 2.0T models, other than $500 loyalty cash for returning owners and lessees.
Car_man
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- #20 of 218
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Re: Volkswagen Golf: Lease Questions [lostinatl]
by Car_man HOST
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Mar 26, 2006 (6:53 am)
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Replying to: lostinatl (Mar 19, 2006 7:09 pm)
Hi lostinatl. Volkswagen is still advertising the 2006 GTI 2.0T with manual transmission at $309 per month for 36 months with a $1,250 down payment. Like most manufacturers' advertised lease payments, I suspect that a smart shopper who is in an area where there is a decent level of competition would probably be able to lease a car for a little less than this by negotiating a lower selling price than the one that the ad is based upon.
You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion on the deal that you were quoted if you let me know what these numbers are.
Car_man
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- #21 of 218
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Re: 309/month.. good deal? or GREAT DEAL? [bdubb123]
by Car_man HOST
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Mar 26, 2006 (6:55 am)
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Replying to: bdubb123 (Mar 21, 2006 11:23 am)
Greetings bdubb123. Like most manufacturers' advertised lease payments, I suspect that a smart shopper who is in an area where there is a decent level of competition would probably be able to lease a car for a little less than this by negotiating a lower selling price than the one that the ad is based upon. It is difficult to say what Volkswagen's April lease program for this car will be like at this point. I suspect that it will try to maintain a similar lease payment on this car, but a lot will depend upon how well it sells in March. If the GTI has a good month, VW might ease off on its support and if it has a bad month VW might crank up its support a little bit.
Car_man
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- #22 of 218
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Re: Volkswagen Golf: Lease Questions [Car_man]
by subiedubie
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Mar 26, 2006 (7:31 am)
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Replying to: Car_man (Mar 26, 2006 6:53 am)
Car_M
Can you please work mine up for 36 and 39 and 48 mos-12,000 mi per yr.?
ZERO down-roll all charges into lease----but I'd like to know what those charges are---breakdown. Money factors and residuals, too.
2006 GTI MKV
6-SPEED MANUAL
PKG. 2
18" HUFFHEISEN WHEELS/TIRES
MSRP=$26,530
I can buy for: $23,500
Both include dest.
I'm in Newark, DE
Many thanks~!
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- #23 of 218
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Re: Volkswagen Golf: Lease Questions [Car_man]
by lostinatl
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Mar 26, 2006 (11:49 am)
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Replying to: Car_man (Mar 26, 2006 6:53 am)
Thanks for reply Car_man. I couldnt wait, (and may have paid for it), but I got the new GTI for 350/month 12k per year, no money down, $782 due at sign for tax/title/etc... I had 2 months left on my current Passat lease at 340/month along w/ about $500 in damages to the body. The price of the car was 22k, w/ sirius radio, and the 18inch rim and manual trans
I figure w/ the damage to my car,the last 2 payments remaining, and not putting any money down, the deals not too bad, but always feel like the dealership is high fiving each other like the realtors in the "Money Pit" after they sell the house to Tom Hanks and Shelly long lol
edit: I will say the car is a blast to drive, and lots of fun blowing thru the 6 speed manual tranny
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- #24 of 218
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2006 GTI MkV DSG Lease question
by trdmatrix88
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Apr 04, 2006 (8:07 am)
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Looking to lease a 2006 GTI MkV DSG with an MSRP of $23,695 (hopefully I could get it for 2% above invoice and I'll be putting $1500 down, so after all that I would get it for $21,066). I know its longer than most but I was looking to lease for 5 years (60 months) so I wanted to get some insight on the residual percentage and the money factor for this car and this lease term from VW credit.
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- #25 of 218
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Good Deal?
by irebound
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Apr 10, 2006 (8:25 am)
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The dealer quoted me for a GTI MkV 6 speed with package 2 and 18" wheels lease for 48 months 12k per year
"MSRP of the GTI $26,530.00--selling price $23,790.00 +tax,tittle,lic.,and fees. The residual is 50%, the money factor is .00248"
is this a good deal?
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- #26 of 218
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Re: Volkswagen Golf: Lease Questions [subiedubie]
by Car_man HOST
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Apr 13, 2006 (3:44 pm)
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Replying to: subiedubie (Mar 26, 2006 7:31 am)
Excellent choice, subiedubie. The latest object of my desire is the Volkswagen GTI. It's a neat car. I was at the press days for the New York Auto Show this week and VW had a cool display for it, complete with a man-size "Fast." I need to get one of those things . If you were to lease a 2006 Volkswagen GTI 1.8T through VW Credit right now for 36 months with 12,000 miles per year,, its buy rate lease money factor and residual value should be .00140 and 55%, respectively. The numbers for an otherwise identical 48 month lease of this car should be .00186 and 48%. Using these numbers, an MSRP of $26,530 and a selling price of $23,500, I estimate that this car's zero down, pre-tax monthly payments should be around $301 for 36 months and $292 for 48 months. If you opt to have your car's security deposit waived, which I personally would not do, the money factors that are used to calculate this car's lease payment would be .00015 higher. You can either add VW Credit's $575 acquisition fee into your car's cap cost, pay it at signing, or have it waived in exchange for a .00060 money factor increase.
Car_man
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- #27 of 218
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Re: Volkswagen Golf: Lease Questions [lostinatl]
by Car_man HOST
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Apr 13, 2006 (3:49 pm)
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Replying to: lostinatl (Mar 26, 2006 11:49 am)
You're welcome, lostinatl. Congratulations on your new car! Enjoy it (it's a good one so I know you will).
Car_man
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