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Volkswagen GTI Lease Questions

308 messages,  Last post on Mar 14, 2010 at 7:15 PM

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

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#44 of 308 Re: VW Credit Tiers [Car_man] by jjret Jun 27, 2006 (7:58 am)
Replying to: Car_man (Jun 26, 2006 3:07 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 308 Re: 2006 GTI Pkg 2 Manual w/ 18" Wheels...a good deal? [timdaog] by Car_man HOST Jul 06, 2006 (2:32 am)
Replying to: timdaog (Jun 26, 2006 8:49 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 Host Prices Paid Forums Replies to this message: timdaog (Jul 06, 2006 10:54 am) Car_man (Jul 20, 2006 3:11 am)
#46 of 308 Re: 2006 GTI Pkg 2 Manual w/ 18" Wheels...a good deal? [Car_man] by timdaog Jul 06, 2006 (10:54 am)
Replying to: Car_man (Jul 06, 2006 2:32 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 Replies to this message: Car_man (Jul 20, 2006 3:11 am)
#47 of 308 2006 GTI or Rabbit lease payment info request by hpoohh Jul 10, 2006 (1:24 pm)
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. Replies to this message: Car_man (Jul 20, 2006 3:18 am)
#48 of 308 Re: 2006 GTI Pkg 2 Manual w/ 18" Wheels...a good deal? [Car_man] by jperedo Jul 11, 2006 (10:47 am)
Replying to: Car_man (Jun 26, 2006 3:00 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? Replies to this message: Car_man (Jul 20, 2006 3:24 am)
#49 of 308 NYC lease of gti or rabbit by storrnyc Jul 15, 2006 (6:33 am)
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.. Replies to this message: graff48 (Jul 16, 2006 12:00 pm) Car_man (Jul 20, 2006 3:36 am) storrnyc (Jul 21, 2006 10:59 am) Car_man (Aug 08, 2006 2:49 am) and 4 more...
#50 of 308 Re: NYC lease of gti or rabbit [storrnyc] by graff48 Jul 16, 2006 (12:00 pm)
Replying to: storrnyc (Jul 15, 2006 6:33 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 308 Re: 2006 GTI Pkg 2 Manual w/ 18" Wheels...a good deal? [timdaog] by Car_man HOST Jul 20, 2006 (3:11 am)
Replying to: timdaog (Jul 06, 2006 10:54 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 Host Prices Paid Forum
#52 of 308 Re: 2006 GTI or Rabbit lease payment info request [hpoohh] by Car_man HOST Jul 20, 2006 (3:18 am)
Replying to: hpoohh (Jul 10, 2006 1:24 pm) You're welcome, hpoohh. If your friend leases 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 .00103 and 51%, respectively. The residual value for an otherwise identical lease with only 12,000 miles per year would be 2% higher. If your friend leases a 2006 Rabbit 4-Door model through VW Credit for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00319 and 54%. Again, the 12k residual is 2% higher. VW Credit;s lease acquisition fee is currently $575.   I know that VW Credit provides a money factor reduction for consumers who pay for their entire leases in advance, but I am not sure if it has a multiple security deposit program.   Car_man Host Prices Paid Forum
#53 of 308 Re: 2006 GTI Pkg 2 Manual w/ 18" Wheels...a good deal? [jperedo] by Car_man HOST Jul 20, 2006 (3:24 am)
Replying to: jperedo (Jul 11, 2006 10:47 am) Hey jperedo. You definitely need to have decent credit to lease through Volkswagen Credit, but if I am not mistaken it uses the pass/fail system of approving consumers for leases like BMW Financial Services does rather than the tiered money factor approach that Honda Finance uses.   Car_man Host Prices Paid Forum

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