- #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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- #100 of 271
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Re: April / May Lease [Car_man]
by timmboj
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May 15, 2007 (4:31 am)
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Replying to: Car_man (May 14, 2007 1:50 am)
Do you happen to know the Acquisition Fee and Security Deposit?
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- #101 of 271
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07 GTI Lease - May
by skier07
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May 15, 2007 (4:51 pm)
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Hi Car_Man,
I just got back from the dealer, and here is what I worked out on a lease for a 2007 GTI w/DSG (no package 1 or 2).
MSRP: $24,635
Sale Price: $23,111
Residual: 57%
Acq Fee: $575
Lease Rate: 0.00132
Term: 36 months
Mi/yr: 12,000
Tax Rate: 6.00%
Initial Payment (money down?): $663.60
Monthly Payment: $338.10
Black Magic, 17" Alloy Wheels, DSG, Cloth Interior.
I have a trade in as well, and will probably put some of that money towards a down payment. How does this lease look?
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- #102 of 271
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Re: April / May Lease [poops]
by Car_man HOST
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May 22, 2007 (3:19 am)
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Replying to: poops (May 14, 2007 4:17 am)
Yes, but the residual values for 36 months are different.
Car_man
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- #103 of 271
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Re: April / May Lease [timmboj]
by Car_man HOST
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May 23, 2007 (1:16 am)
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Replying to: timmboj (May 14, 2007 6:03 am)
You're welcome, timmboj. Tennessee might be in one of those regions, I'm not sure exactly which states are included.
Car_man
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- #104 of 271
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Re: April / May Lease [rz06]
by Car_man HOST
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May 23, 2007 (1:19 am)
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Replying to: rz06 (May 14, 2007 9:46 am)
Hi rz06. The options and transmission that the GTI you are interested in have will have no impact upon its lease program, other than the Fahrenheit Edition package that lowers its residual values slightly. The lease program for the 2-door GTI is exactly the same as the program for the 4-door model.
Car_man
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Prices Paid Forum
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- #105 of 271
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Re: April / May Lease [timmboj]
by Car_man HOST
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May 23, 2007 (1:25 am)
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Replying to: timmboj (May 15, 2007 4:31 am)
Timmboj, Volkswagen Credit charges an acquisition fee of $575 and a security deposit equivalent to vehicles' monthly payments rounded up to the nearest $25 increment on every vehicle that it leases. It will waive its security deposit requirement in exchange for an increase of .00015 in the money factor that is used to calculate vehicles' monthly payments.
Car_man
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