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Volkswagen GTI Lease Questions

267 messages,  Last post on Nov 07, 2009 at 5:57 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#22 of 267
Re: Volkswagen Golf: Lease Questions [Car_man] by subiedubie
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~!
#23 of 267
Re: Volkswagen Golf: Lease Questions [Car_man] by lostinatl
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
#24 of 267
2006 GTI MkV DSG Lease question by trdmatrix88
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.
#25 of 267
Good Deal? by irebound
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?
#26 of 267
Re: Volkswagen Golf: Lease Questions [subiedubie] by Car_man HOST
Apr 13, 2006 (3:44 pm)
Reply

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
Host
Smart Shopper / Prices Paid Forums
#27 of 267
Re: Volkswagen Golf: Lease Questions [lostinatl] by Car_man HOST
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
Host
Smart Shopper / Prices Paid Forums
#28 of 267
Re: Volkswagen Golf: Lease Questions [Car_man] by invaliduser
Apr 13, 2006 (4:00 pm)
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Replying to: Car_man (Apr 13, 2006 3:44 pm)

Car_man, I think you quoted 1.8T money factors and residuals by accident. Your suggestions on the security deposit and the acquisition fee are golden. Are these numbers (acq and sec deposit) the same on the 2.0T?
 
Thanks,
IU
#29 of 267
Re: 2006 GTI MkV DSG Lease question [trdmatrix88] by Car_man HOST
Apr 14, 2006 (4:14 am)
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Replying to: trdmatrix88 (Apr 04, 2006 8:07 am)

Hi trdmatrix88. You definitely should not lease a car for 60 months. That's way too long. A lot can change in your life to cause you to need to get out of your car before the scheduled end of a five year lease...and doing so is almost always expensive. Your family situation could change causing you to need a larger vehicle, your commute could change causing you to go way over your mileage allowance, you could just plain get sick of your car, etc... Not to mention the fact that the interest rates for a 60 month loan would be more than double the rates for a 36 month or even a 48 month lease. In fact, I'm not even sure if VW Credit leases vehicle for 60 months. I've never seen any information on 60 month leases through it.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#30 of 267
Re: Good Deal? [irebound] by Car_man HOST
Apr 14, 2006 (4:32 am)
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Replying to: irebound (Apr 10, 2006 8:25 am)

Hi irebound. The selling price that you were quoted for this car looks reasonable to me, and the money factor looks good as well. If you like the car, and I don't see how you couldn't , you may want to go ahead with this deal. For additional feedback on this selling price, make sure to stop by the following discussion: "Volkswagen GTI: Prices Paid & Buying Experience".
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#31 of 267
GOOD DEAL by rowflyrs
Apr 19, 2006 (9:35 am)
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Hi Car Man, I am interested in leasing a 2006 GTI. Dealer quoted me a cost of $25,870? What should be the present residual on this car? Is it negotionable? He quoted me with $2200 down and 415/month for 36 months, 10,000 miles per year. I realize that this well above market, where should the monthly payments range? Thanks.

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