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Volkswagen GTI Lease Questions

271 messages,  Last post on Dec 05, 2009 at 11:17 PM

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

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#67 of 271 Re: NYC lease of gti or rabbit [storrnyc] by Car_man HOST Sep 07, 2006 (2:55 am)
Replying to: storrnyc (Aug 13, 2006 7:31 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 10:58 am) Car_man (Oct 01, 2006 5:25 am)
#68 of 271 Re: NYC lease of gti or rabbit [Car_man] by storrnyc Sep 07, 2006 (10:58 am)
Replying to: Car_man (Sep 07, 2006 2:55 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 5:25 am)
#69 of 271 Lease Info on 2006 GTI by leeshuck Sep 10, 2006 (8:43 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 5:29 am)
#70 of 271 Buy-out by thenk83 Sep 16, 2006 (4:54 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 5:32 am)
#71 of 271 Re: NYC lease of gti or rabbit [storrnyc] by Car_man HOST Oct 01, 2006 (5:25 am)
Replying to: storrnyc (Sep 07, 2006 10:58 am) Hi storrnyc. Let's crunch some numbers and see what we come up with.   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
#72 of 271 Re: Lease Info on 2006 GTI [leeshuck] by Car_man HOST Oct 01, 2006 (5:29 am)
Replying to: leeshuck (Sep 10, 2006 8:43 am) Hi Lee. What options the GTI that you want has has no impact upon its lease program, other than what engine you choose of course. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2006 GTI 2.0L with 15,000 miles per year are .00180 and 53%, respectively.   Car_man Host Prices Paid Forum
#73 of 271 Re: Buy-out [thenk83] by Car_man HOST Oct 01, 2006 (5:32 am)
Replying to: thenk83 (Sep 16, 2006 4:54 pm) Hi thenk83. One of the good things about buying leased vehicles is that by doing so you avoid being charged any excess mileage or excess wear and tear penalty. If I was in your situation, I would wait until the scheduled end of my lease and then place a call to the bank that I was leasing through to see how much it would cost to purchase my leased vehicle. When I called I would see if they were willing to lower my vehicle's selling price. They may not be willing to negotiate, but sometimes banks are so it is worth a shot. Whatever you do, don't tell them that you are way over your vehicle's mileage allowance. It doesn's strengthen your bargaining position any.   Car_man Host Prices Paid Forum
#74 of 271 October 07 GTI lease by baddogz Oct 16, 2006 (5:59 pm)
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? Replies to this message: Car_man (Oct 23, 2006 2:19 am) baddogz (Oct 23, 2006 5:33 am) Car_man (Nov 21, 2006 9:12 am)
#75 of 271 Lease question by delfo399 Oct 20, 2006 (4:43 pm)
Dear Car_man,    I would like to know where do you get the money factor and residual value information? If you cannot tell me then please find for me the MF and residual value for:    1) 2007 2.0L 4-door GTI (with Package#2 if that matters), MSRP $26,045, 36 month lease.   2) 2007 2.0L 2-door GTI (with Package#2 if that matters), MSRP $25,619, 36 month lease.     All of the above is assuming 12,000 per year.    Thanks a lot Replies to this message: Car_man (Oct 23, 2006 2:28 am)
#76 of 271 Re: October 07 GTI lease [baddogz] by Car_man HOST Oct 23, 2006 (2:19 am)
Replying to: baddogz (Oct 16, 2006 5:59 pm) Hi baddogz. Volkswagen Credit's buy rate lease money factor and residual value for a 36 month lease of a 2007 GTI 4-Door with 15,000 miles per year are .00306 and 57%, respectively. VW Credit will waive its security deposit requirement for this car in exchange for an increase of .00015 in the money factor that is used to calculate its lease payment. As far as what fees you should pay go, at lease signing you will have to pay your car's first month's payment, a security deposit that is equivalent to that payment rounded up to the nearest $25 increment, unless you decide to have it waived, VW Credit's $575 acquisition fee, and any required state taxes or fees. Look out for doc fees, there are really nothing more than a way for dealers to add additional profit to deals. If you are really able to get this car for $24,507, you are getting a good deal on it. Just make sure that this is the price that is used to calculate your car's monthly payment.   Car_man Host Prices Paid Forum Replies to this message: baddogz (Oct 23, 2006 5:33 am) Car_man (Nov 21, 2006 9:12 am)

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