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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

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


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#42 of 271
Re: VW Credit Tiers [jperedo] by Car_man HOST
Jun 26, 2006 (2:07 am)
Reply

Replying to: jperedo (Jun 19, 2006 9:11 pm)

Hello jperedo. Volkswagen Credit's money factors vary depending upon the exact model that you want, how long you lease it for, and how many miles per year you are allowed to drive. If you provide me with this info I should be able to give you an idea of what its lease program is currently like for the model that you are considering.
 
Car_man
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#43 of 271
Re: 2006 GTI Pkg 2 Manual w/ 18" Wheels...a good deal? [Car_man] by timdaog
Jun 26, 2006 (7:49 pm)
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Replying to: Car_man (Jun 26, 2006 2:00 am)

Thanks Car_man for getting back to me. Unfortunately I could not control my urges and bit the bullet before your reply. I prob got a bad deal but I suppose u live and learn. Anyhow, I ended up putting down the trade-in as a capitalized cost ($7500). The agreed upon value was $25,810.15, which I am assuming is the MSRP. My monthly payments are $229.77 for 24 months and 15k miles a year.
 
Although I already went through the deal, your input would greatly help for future purchases. Thanks.
 
Tim
#44 of 271
Re: VW Credit Tiers [Car_man] by jjret
Jun 27, 2006 (6:58 am)
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Replying to: Car_man (Jun 26, 2006 2:07 am)

I would love your help.
 
I am looking at a 2006 Passat 2.0T. Package #1 and Cold Weather Pack. I am looking to lease, 36 m, 15 k p/y.
 
Thanks
#45 of 271
Re: 2006 GTI Pkg 2 Manual w/ 18" Wheels...a good deal? [timdaog] by Car_man HOST
Jul 06, 2006 (1:32 am)
Reply

Replying to: timdaog (Jun 26, 2006 7:49 pm)

No problem, Tim. If you paid full MSRP for your car you didn't get a very good deal. There's no need to let the fact that the dealer you leased from made a couple extra hundred dollars on your deal ruin the wonderful experience of getting a new vehicle, especially one that is as awesome as the new GTI. You know for next time that it is important to negotiate the selling prices of leased vehicles. Hit the road with your Fast (I want one of those things ) and enjoy.
 
Car_man
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#46 of 271
Re: 2006 GTI Pkg 2 Manual w/ 18" Wheels...a good deal? [Car_man] by timdaog
Jul 06, 2006 (9:54 am)
Reply

Replying to: Car_man (Jul 06, 2006 1:32 am)

Thanks Car_man. I think it was a little under MSRP. At the time of signing he jacked the price up a few hundred. Kinda under-handed but looking at the big pic, the car is phenomenal...great to drive and earns many compliments
 
Next time I will be more aware when negotiating but for now I'm just going to enjoy my new purchase...
 
Tim
#47 of 271
2006 GTI or Rabbit lease payment info request by hpoohh
Jul 10, 2006 (12:24 pm)
Reply
Hi Car_man,
 
First of all, i would like to appreicate your help on my last 2 leases (05 MBZ C230K and 06 Toyota Sienna). My best friend is interested in the VW 06 GTI or 06 Rabbit. Could you please provide the following info?
 
1. 06 GTI, money factor and residual for 36months 12k/15k
2. 06 Rabbit, money factor and residual for 36months 12k/15k
We are located in S.California just in case there is any special promotion going on.
 
I checked VW's site and seems like both cars are on promotion.
 
I will do my own calculation once you help me w/ the info requested. I think the Bank Fee is $525, right?
 
Last question, please advise if they have multiple security deposit program to lower down money factor.
 
Thank you again and keep up the good work.
#48 of 271
Re: 2006 GTI Pkg 2 Manual w/ 18" Wheels...a good deal? [Car_man] by jperedo
Jul 11, 2006 (9:47 am)
Reply

Replying to: Car_man (Jun 26, 2006 2:00 am)

Hi Car_man
 
The 2.0 GTI is what I was looking at as well. Doesn't VW have different credit tiers with different money factors based on one's FICO and income?
#49 of 271
NYC lease of gti or rabbit by storrnyc
Jul 15, 2006 (5:33 am)
Reply
Hello Mr car_man and all,
 
Please treat me with kid gloves as i try to understand the world of leasing.
 
The setting....My girlfriend currently has a 2003 jetta on a 48 month drivers option lease with only 5 monthly payments to go. This particular car has just less than 20K on the clock and has probably about $500 of bodywork that needs to be repaired(smashed side mirror and a couple of dents etc). She is paying $235 and the car has a buyout price of approx 10.6K.
 
The Options....We test drove both the GTI and the Rabbit. We were quoted monthly lease prices on both but personally i had no idea about the methodology of calculating these prices. The GTI came to about 475 for automatic with package 2 at approx 28K MSRP and the Rabbit we were quoted 270 a month for a 4 door with sunroof which came to approx 19.7 MSRP.
 
The workings....I believe that im understanding the methodology to calculate the lease price but the bit im finding difficult to understand is on what costs are upfront Vs what should be in the total capitalized cost. I think sales tax is the one that i seem to be getting conflicting advice from various websites and dealers. If and when i strike a deal in nyc or ny do i pay the total cost of the cars sales tax upfront or is it rolled into the cpaitalized cost? What about taxes titles etc?
 
When i do return the showroom ill most certainly be negotiating this cap cost down to whatever i can get but would also appreciate if you knew the current money factor and residual value on these two models...btw does the jetta gli have a better deal than these two right now? We are looking to have a deal fo either 24m/10K or 36m/10K.
 
Many Thanks for all your helping on this newbie question..
#50 of 271
Re: NYC lease of gti or rabbit [storrnyc] by graff48
Jul 16, 2006 (11:00 am)
Reply

Replying to: storrnyc (Jul 15, 2006 5:33 am)

Car_man - my wife and I traded our leased 2003 GTI over the weekend, 4 months before the lease was over. The dealer gave us a trade-in value of $500 less than our purchase price quote from VCI. I read in our VW lease contract that the purchase price is only good for the leasee. Is it possible that VCI will charge the dealer more money than our stated purchased price? I should also note that we were 10,000 under our mileage allowance. The dealer made us sign a document stating that we would be responsible for any difference in price, but implied that it was only to cover cases where there were any outstanding late fees or miscalculated interest charges. Thanks.
#51 of 271
Re: 2006 GTI Pkg 2 Manual w/ 18" Wheels...a good deal? [timdaog] by Car_man HOST
Jul 20, 2006 (2:11 am)
Reply

Replying to: timdaog (Jul 06, 2006 9:54 am)

No problem, Tim. You certainly picked an outstanding car. If I didn't need to have a larger vehicle for my family right now I absolutely would consider getting a GTI.
 
Car_man
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