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Volkswagen GTI Lease Questions

202 messages,  Last post on Aug 29, 2008 at 7:15 PM

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

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#61 of 202 Re: Deal or no Deal: 2007 VW GTI [techcho] by Car_man HOST Aug 08, 2006 (2:59 am)
Replying to: techcho (Jul 29, 2006 10:21 pm) Hi DC. Volkswagen is not currently providing any lease support on the 2006 GTI. If I was in the market for one I personally would either lease a 2006 model or wait until Volkswagen inevitably introduces lease support on the 2007 model. Having said this, $800 over dealer invoice is a reasonable price for this car. This doesn't look like a true $800 over dealer invoice though because the dealer is trying to pass on a couple of fees to you. It's more like $1,142 over invoice which is only so-so.   I am not familiar with Arizona's laws on the transfer of license plates, but you may be able to find out more information on this subject by visiting the following site: Arizona Motor Vehicle Division.   Car_man Host Prices Paid Forum
#62 of 202 Re: 07 Rabbit Lease [chris62] by Car_man HOST Aug 08, 2006 (3:03 am)
Replying to: chris62 (Aug 04, 2006 5:51 pm) Greetings Chris. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2006 Rabbit 4-Door with 15,000 miles per year are .00319 and 54%, respectively. Since Volkswagen is really not providing much in the way of lease support on this car, its money factor is still high. It's just not quite as high as the one that you were quoted. You may be able to get an idea of how much you will have to pay for this car right now by visiting the following discussion: "Volkswagen Rabbit: Prices Paid and Buying Experiences".   Car_man Host Prices Paid Forum
#63 of 202 Re: 2006 GTI w/ 18" Wheels [cliffcortes] by Car_man HOST Aug 08, 2006 (3:04 am)
Replying to: cliffcortes (Aug 06, 2006 2:55 am) Hi cliffcortes. 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 this deal if you let me know what these numbers are.   Car_man Host Prices Paid Forum
#64 of 202 Leasing a '07 GTI 2.0T by poops Aug 08, 2006 (7:16 am)
Car_man, thanks for all the help you provide on this forum.   Here is my situation - I'm looking to lease a 2007 GTI 2.0T, w/Package 0 - no options. I don't drive much, so I'm only looking at a 24 month, 10K a year lease. MSRP on the vehicle is $22,730. I'm sure I can get them down to $21K or better. What is the money factor and residual for this vehicle?   If leasing a 2007 GTI isn't favorable for me, I'm also looking at leasing an '06 GTI 2.0 that the MSRP is $26,530. It comes with 18" wheels and Package 2. I can probably get this down to $23,500 or better. With VW's lease support for the '06 models, what would the money factor and residual be for a 24 months, 10K miles lease?   Thanis in advance. Replies to this message: Car_man (Sep 07, 2006 3:38 am)
#65 of 202 Re: NYC lease of gti or rabbit [Car_man] by storrnyc Aug 13, 2006 (8:31 am)
Replying to: Car_man (Aug 08, 2006 2:49 am) Hello Car_man   (i will soon make that gti jump....honest) Here is what i was offered by the VW dealership in Wappingers Falls, NY 12590.   This was for a 2007 GTI Auto 2Dr United Grey with Package 2. We didnt discuss MSRP but was told invoice price including destination was $25236(which she didnt agree to sell to but felt that i would be able to). Edmunds says MSRP on this is 26965 and Invoice is 24931(incl destination).   On a 36 month/12K lease, I was told the residual was 59% and the money factor 0.00319.   Her Monthly Base payment she calculated to $429(before tax).   My Initial costs she said would be $2818.43. This Broke down as: Acquisition fee $575 Security Deposit $450(should be zero based on it being our 4th vw lease with no security) Tires Inspection Fee $12.50(5*$2.50 per tire) Documentation Fee $45 Inspection fee $10 Upfront Taxes $ 1296.06 (My tax rate being 8.375%) & First Month payment of $429.   Does this sound right? She is adamant the 24K invoice price that edmunds states is incorrect. I was hoping to have payments around $350. Would that mean going for a 2006? What do you feel would be the positives/negatives on going 07 Vs 06. I admit i need to read up on the slight changes between the years.   Thanks for any help from yourself or anyone on this. Replies to this message: Car_man (Sep 07, 2006 3:55 am) storrnyc (Sep 07, 2006 11:58 am) Car_man (Oct 01, 2006 6:25 am)
#66 of 202 Re: Leasing a '07 GTI 2.0T [poops] by Car_man HOST Sep 07, 2006 (3:38 am)
Replying to: poops (Aug 08, 2006 7:16 am) You're very welcome. Volkswagen Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2007 GTI 2.0T 4-Door with 10,000 miles per year are .00312 and 68%, respectively. The money factor for the 2006 GTI 2.0T is much better, but its residual value is not as high. The numbers for an otherwise identical lease of one are currently .00180 and 63%.   Car_man Host Prices Paid Forum
#67 of 202 Re: NYC lease of gti or rabbit [storrnyc] by Car_man HOST Sep 07, 2006 (3:55 am)
Replying to: storrnyc (Aug 13, 2006 8:31 am) Hey storrnyc. The lease program that you were quoted for this car is right on the money, though its new September money factor is slightly lower at .00312 now. I would be happy to use the new September lease program to estimate this car's monthly payment for you if you provide me with the full MSRP and selling price that the dealer you are working with is using. The 2006 model's money factor is much lower than the 2007 model's right now, but its residuals are lower as well. VW Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2006 GTI 2.0T with 12,000 miles per year are .00180 and 55%, respectively.   Car_man Host Prices Paid Forum Replies to this message: storrnyc (Sep 07, 2006 11:58 am) Car_man (Oct 01, 2006 6:25 am)
#68 of 202 Re: NYC lease of gti or rabbit [Car_man] by storrnyc Sep 07, 2006 (11:58 am)
Replying to: Car_man (Sep 07, 2006 3:55 am) Hello car_Man   yes it would be great if you could provide me with that info and on a couple of others to compare. All at 36 months and 12K mileage.   The full MSRP on a 2007 2.0L GTI AUTO pk2 would be 26965. The price im at to purchase is 26300(both include dest. Fee). The residual is 59% and MF 0.00312? How much would you say the lease was?   The full MSRP on a 2007 2.0L GTI AUTO pk1 would be 25175. The price im at to purchase is 24500(both include dest. Fee). The residual is 59% and MF 0.00312? How much would you say the lease was?   The full MSRP on a 2006 2.0L GTI AUTO pk2 would be 26855. The price im at to purchase is 25800(both include dest. Fee). The residual is 55% and MF 0.0018? How much would you say the lease was?   The full MSRP on a 2007 Rabbit AUTO and sunroof would be 19695. The price im at to purchase is 19500(both include dest. Fee). The residual is ?% and MF ? How much would you say the lease was? (Is there any difference between 2006 and 2007 Rabbits?)   Thanks Replies to this message: Car_man (Oct 01, 2006 6:25 am)
#69 of 202 Lease Info on 2006 GTI by leeshuck Sep 10, 2006 (9:43 am)
Hi Car_Man,   Would you provide lease info on the current GTI program for:   2006 GTI 2.0L w/ auto/DSG transmission 36 mo/15K miles year   Do the program offerings vary with any options such as DSG transmission?   Thanks,   Lee Replies to this message: Car_man (Oct 01, 2006 6:29 am)
#70 of 202 Buy-out by thenk83 Sep 16, 2006 (5:54 pm)
I want to buy out on my lease. My lease was for 48,000 miles. My term was for 4 years. Right now its 2 years and I'm at 44,000 miles. Will I get charged mileage overages for the annual basis? Or is it that since I'm not over 48,000 miles I won't owe. Replies to this message: Car_man (Oct 01, 2006 6:32 am)

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