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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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#29 of 270 Re: 2006 GTI MkV DSG Lease question [trdmatrix88] by Car_man HOST Apr 14, 2006 (4:14 am)
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 270 Re: Good Deal? [irebound] by Car_man HOST Apr 14, 2006 (4:32 am)
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 270 GOOD DEAL by rowflyrs Apr 19, 2006 (9:35 am)
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. Replies to this message: Car_man (Jun 04, 2006 7:28 am)
#32 of 270 MF etc.. by jpierce26 Apr 24, 2006 (9:45 am)
Hi Car_man,   I hope you are well. Glad to see you are still around... You helped me a couple years ago with my VW. I think it is time for me to ask for some more help.   I am looking at the 2006 VW GTI with option #2 and NAV. Looks like the MSRP is about $27,580 (Base, Dest, Package #2, NAV)   The dealer I have been working with is giving me $300 over invoice off the bat, didn't need to negotiate anything. This makes the car cost me $25,646.   What would the MF and residual be for a 3 year lease. I tried to use some of your other numbers above, but not sure if they are correct for this month. I have .57 and .00215 which makes a $390.17 payment.   Can I assume those numbers or are there updated numbers?   Thanks,   JP Replies to this message: Car_man (Jun 04, 2006 7:47 am)
#33 of 270 GTI Mk V Manual w/ Package 2 by racerx00 May 01, 2006 (2:49 pm)
Hello Car_Man, you are a hero to car buyers everywhere!   Well me anyways..   This is the deal my dealer is giving me on an '06 GTI MK V w/ Package 2 and no additional goodies:   MSRP: 25,780 Price: $25,100 Money down: $1250 (+tax and DMV) Term: 36 Month/12k a year Money: 0.00215 Residual: 54% Monthly Payments: $339   How am I doin here? He seems to be pretty confident I wouldn't be able to get better numbers elsewhere. Thanks Car_Man! Replies to this message: Car_man (Jun 04, 2006 7:58 am)
#34 of 270 Re: GOOD DEAL [rowflyrs] by Car_man HOST Jun 04, 2006 (7:28 am)
Replying to: rowflyrs (Apr 19, 2006 9:35 am) Hi rowflyrs. If you were to lease a 2006 Volkswagen GTI 1.8T through VW Credit right now for 36 months with 10,000 miles per year, its buy rate lease money factor and residual value should be .00140 and 55%, respectively. Neither of these items are negotiable, but make sure that the dealer you are working with does not mark your car's money factor up to add additional hidden back-end profit to your deal. I would be happy to calculate what this car's lease payment should be for you, but in order for me to do so I need you to provide me with its full MSRP (with the destination charge added in). Let me know and I'll do some calculations.   Car_man Host Smart Shopper / Prices Paid Forums
#35 of 270 Re: MF etc.. [jpierce26] by Car_man HOST Jun 04, 2006 (7:47 am)
Replying to: jpierce26 (Apr 24, 2006 9:45 am) Welcome back jpierce26. $300 over invoice is a great price for this car. If you were to lease a 2006 Volkswagen GTI 1.8T through VW Credit right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00140 and 52%, respectively.   Car_man Host Smart Shopper / Prices Paid Forums
#36 of 270 Re: GTI Mk V Manual w/ Package 2 [racerx00] by Car_man HOST Jun 04, 2006 (7:58 am)
Replying to: racerx00 (May 01, 2006 2:49 pm) Thanks racerx00 . You aren't getting much of a discount on this car. Have you tried shopping around a little to see if any other dealers in your area are willing to give you a better deal? I would if I was in your shoes. Also, this car's June money factor is much lower than the one that you were quoted for May. 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 54%, respectively.   Car_man Host Smart Shopper / Prices Paid Forums
#37 of 270 2006 GTI Pkg 2 Manual w/ 18" Wheels...a good deal? by timdaog Jun 05, 2006 (2:43 pm)
This is what the dealer gave me today:   Car: 2006 GTI 2.0L w/ pkg 2, 18" wheels, candy white, transaction to be in linden, new jersey Price: $26,534 Lease: 36 month, 15k miles Down Payment: $7500 (trade-in of 2001 GTI VR6 w/ 76k miles    good to fair condition) Monthly Payment: $288   Using the lease calculator I estimated the money factor and residual value to be 0.003 and 54% respectively.   Is this a good deal? Any more info needed please let me know. Thanks.   Tim Replies to this message: Car_man (Jun 26, 2006 2:00 am) timdaog (Jun 26, 2006 7:49 pm) Car_man (Jul 06, 2006 1:32 am) and 2 more... jperedo (Jul 11, 2006 9:47 am) Car_man (Jul 20, 2006 2:24 am)
#38 of 270 2006 Golf GLS 4 door Leases by vwvw1 Jun 14, 2006 (4:59 pm)
I'm interested in leasing a 2006 Golf and would like to know the MF and Residual for 3yr/12k, 3yr/10k and 3yr/15k. Since it's the older body style anyone know what kind of pricing I can expect? Are there any rebates/incentive? The MSRP is $20,600 and invoice is $19,200.   Thanks in advance!! Replies to this message: Car_man (Jun 26, 2006 2:05 am)

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