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Volkswagen GTI Lease Questions

219 messages, Last post on Nov 21, 2008 at 12:32 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Car_man (Aug 08, 2006 1:49 am) (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.
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Replying to: poops (Aug 08, 2006 6:16 am) Car_man Host Prices Paid Forum |
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Replying to: storrnyc (Aug 13, 2006 7:31 am) Car_man Host Prices Paid Forum
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Replying to: Car_man (Sep 07, 2006 2:55 am) 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
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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
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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.
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Replying to: storrnyc (Sep 07, 2006 10:58 am) According to my calculations if you were to lease a 2007 2.0L GTI with an MSRP of $26,965 and a selling price of $26,300 through VW Credit right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $421. According to my calculations if you were to lease a 2007 2.0L GTI with an MSRP of $25,175 and a selling price of $24,500 through VW Credit right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $391. According to my calculations if you were to lease a 2006 2.0L GTI with an MSRP of $26,855 and a selling price of $25,800 through VW Credit right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $380. Last but not least, according to my calculations if you were to lease a 2007 Rabbit 4-Door with an MSRP of $19,695 and a selling price of $19,500 through VW Credit right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $312. Give the lack of lease support on the Rabbit right now, the 2007 model's lease program is actually more attractive than the 2006 model's because its residual values are higher. Car_man Host Prices Paid Forum |
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Replying to: leeshuck (Sep 10, 2006 8:43 am) Car_man Host Prices Paid Forum |
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Replying to: thenk83 (Sep 16, 2006 4:54 pm) Car_man Host Prices Paid Forum |
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Car_man, I've started negotiating a lease with a central NY dealer on an '07 4-door GTI with DSG, pkg 1 and rear side airbags using the 36mo/15k a year rates, but adding 5K miles extra at .08/mile. Residual is supposedly 57% and themoney factor is .00326. I'm 1000 to 1500 upside-down on my trade, but I figure that's not too bad because of savings on sales tax in NY (.08 * 16K or 16.5K = tax savings). I know that complicates things, but it sounds like they're adding some "fees" in somewhere. Edmunds says the sticker should be 26,025, invoice 24061. Dealer says invoice is 24207 and are selling for $300 over (24507). ~600 down covers 1st payment and DMV title & reg. They're saying the capital cost is 28329 which makes no sense to me, its like they're calculating sales tax based on the MSRP plus 1500 for my trade's negative equity, which isn't how the sales tax should be calculated when a trade is involved. They claim to have waived the security deposit. Other numbers sound funny too: They say depreciation is 57% and = 13,739.70 which is more like 53%. My calculator says MSRP of 26025 * .57 = 14,834.25. I'm going to get a printout from them ASAP but these numbers don't sound right to me. What do you think? And are there fee names I should look out for that are not mandatory?
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