- #90 of 271
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Re: Money factor guidance? [maverick8]
by Car_man HOST
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Mar 22, 2007 (3:14 am)
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Replying to: maverick8 (Mar 03, 2007 2:42 pm)
Hi Mav. According to the latest information that I have seen, Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 GTI 2-Door with 12,000 miles per year are .00175 and 58%, respectively.
Car_man
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- #91 of 271
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Re: March Lease Deals [kameron]
by Car_man HOST
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Mar 23, 2007 (1:27 am)
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Replying to: kameron (Mar 05, 2007 3:51 pm)
Hey Kam. I see that you're interested in the new GTI 4-Door. I really like it. I wouldn't mind driving one myself. Unfortunately, its lease program isn't that great and there is no lease cash available on it at this time, so leasing one isn't going to be cheap. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 VW GTI 4-Door with 15,000 miles per year are .00175 and 54%, respectively. You can use this info and the formula that is outlined in the following article to calculate your vehicle's lease payment: Calculate Your Own Lease Payment.
Car_man
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- #92 of 271
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Re: February Lease Deals? [tonestert]
by Car_man HOST
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Mar 23, 2007 (1:49 am)
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Replying to: tonestert (Mar 13, 2007 10:29 am)
Hi tonestert. VW Credit's 48 month lease program is different than its 36 month program. Its current buy rate lease money factor and residual value for a 48 month lease of a 2007 GTI 4-Door (sweet car by the way) with 15,000 miles per year are .00216 and 46%, respectively. These figures are set by VW Credit. Individual dealers do not have the authority vehicles' residual values. They are often allowed to mark-up vehicles' money factors to add additional hidden profit to deals, but they cannot lower banks' published factors.
VW Credit's Driver's Option program is what is known in the industry as a balloon note program. Balloon notes are much less popular than leases. They are usually only used over leases in states that have tax laws that make balloon notes less expensive than leases. I don't think that this car's monthly payment will be any cheaper through the Driver's Option program than it will be through the lease program.
Car_man
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- #93 of 271
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Re: Delivery dates and dealer turnover. [h2o_goalie]
by Car_man HOST
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Mar 23, 2007 (2:07 am)
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Replying to: h2o_goalie (Mar 14, 2007 4:10 pm)
Hi h2o_goalie. The GTI is selling reasonably well, but if you are in an area that has a decent level of competition you probably will be able to get one for a couple hundred dollars over invoice without too much difficulty. Try stopping by the following discussion to see how much other community members have paid for this car lately: "Volkswagen GTI: Prices Paid & Buying Experience". Dealers definitely are not getting $2,000 over MSRP for the GTI right now, unless they have come across a very terrible shopper. The Scion tC and Civic Si are nice cars, but I personally like the GTI much better than them.
Car_man
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- #94 of 271
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April / May Lease
by timmboj
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Apr 26, 2007 (9:23 pm)
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Howdy Car_Man,
What are the MF and Residuals on a 4-door GTI with a 24-month or 36-month lease with 15K miles per year?
Thanks!
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- #95 of 271
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2007 GTI Lease
by timmboj
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May 03, 2007 (5:27 am)
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Any MF / residual number changes for May? I'm trying to calculate a lease on a 4-door GTI using a 2-year or 3-year term with 15K miles per year.
Looks like their finance and lease specials of April have carried over into May.
Thanks!
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- #96 of 271
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Re: April / May Lease [timmboj]
by Car_man HOST
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May 14, 2007 (1:50 am)
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Replying to: timmboj (Apr 26, 2007 9:23 pm)
You're in luck that you didn't lease this car in April, timmboj, because its May lease program is much more attractive. Volkswagen Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2007 VW GTI 4-Door with 15,000 miles per year are .00175 and 64%, respectively. The numbers for an otherwise identical 36 month lease are .00175 and 55%. If you are in the Central or Eastern part of the U.S., VW has a special enhanced money factor of .00117 in your area.
Car_man
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- #97 of 271
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Re: April / May Lease [Car_man]
by poops
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May 14, 2007 (4:17 am)
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Replying to: Car_man (May 14, 2007 1:50 am)
Is the special enhanced money factor good for a 36 month term as well?
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- #98 of 271
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Re: April / May Lease [Car_man]
by timmboj
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May 14, 2007 (6:03 am)
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Replying to: Car_man (May 14, 2007 1:50 am)
Great news Car-Man! Thanks. Tennessee probably doesn't count as central or eastern US, does it?
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- #99 of 271
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Re: April / May Lease [Car_man]
by rz06
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May 14, 2007 (9:46 am)
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Replying to: Car_man (May 14, 2007 1:50 am)
Car_man: I'm in Northern VA, and looking for a 24/36 15k lease on a 2-door GTI. Do you know if these rates (the .00117 or the .00175) apply to 2-door GTIs where I'm at? Also, does VW vary their rates based on option packages and/or tranny configuration?
Thanks!
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