- #112 of 1016
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Re: Help with lease. [norbex]
by fish8
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Jun 14, 2006 (3:26 am)
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Replying to: norbex (Jun 13, 2006 2:24 pm)
Well, since it is looking like you have $6000 in negative equity that equates to about $120 added to your $390 mo. payment. So, you are looking at about $510+/-. That is a high payment for this Jetta. But, you do have a substantial amount of negative equity in the deal.
Good luck!
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- #113 of 1016
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Re: Help with lease. [fish8]
by norbex
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Jun 14, 2006 (1:21 pm)
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Replying to: fish8 (Jun 14, 2006 3:26 am)
Well fish8 thanks for your help. I actually went to the dealer today and I left very upset. The payment they offered me was 435 + tax on a 48 months but giving 4,750 as down payment. I think that is wayyyyyyyy too much for a down.
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- #114 of 1016
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Re: Help with lease. [norbex]
by multiplechoice
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Jun 15, 2006 (9:00 pm)
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Replying to: norbex (Jun 14, 2006 1:21 pm)
Part of the reason for the large downpayment is to cover the negative equity. Banks will only finance a certain amount over the MSRP of the vehicle. They can't just add a large negative equity to the cap cost. If you have to get rid of the pick-up, you probably do much better selling it on your own. By the way, $435 per month seems high.
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- #115 of 1016
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Re: Carman, info please [Car_man]
by jdubyahunt
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Jun 23, 2006 (5:18 am)
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Replying to: Car_man (Jun 04, 2006 8:30 am)
Hi Car_man,
i'm interested in an 06 Jetta 2.5 or 2.0T with auto. transmission. What are the up to date lease numbers from VW credit? probably 12k miles per year, with little or nothing down.
thanks.
j
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- #116 of 1016
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Student Lease Question
by ren125
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Jun 23, 2006 (6:26 am)
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I am looking at leasing an 06 GLI with package 2 and navigation. I will need 15K miles per year. I am going to put at least $3,000 down. Just wondering what the current lease numbers are. Also, I just graduated from College and was told at VW that they offer a student program. I don't know if anyone knows what the program entails. Any help would be appreciated.
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- #117 of 1016
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Re: Carman, info please [jdubyahunt]
by norbex
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Jun 23, 2006 (8:15 am)
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Replying to: jdubyahunt (Jun 23, 2006 5:18 am)
I just visited a dealer last friday and they offered me a $380.00 monthly payment with zero down on a 2.0T automatic. or $374.00 for a 2.5. The payment will only go down $30 giving 1000 down.
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- #118 of 1016
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Re: 2006 VW 2.0 T questions/feedback wanted [traceyd]
by Car_man HOST
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Jun 26, 2006 (2:13 am)
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Replying to: traceyd (Jun 09, 2006 10:55 am)
Hi Tracey. Make sure to pin this dealer down on a firm selling price. They keep trying to get you to just look at the monthly payment because it is easy for them to manipulate. If you negotiate as low a selling price as possible and then have the dealer calculate your car's payment using its buy rate money factor you assure yourself of getting a good deal. It appears as though you are bring given $1,000 off on this car. That is not enough of a discount. There is a spread of around $2,000 between its full MSRP and dealer invoice prices PLUS Volkswagen is providing a $1,000 cash incentive on leases of '06 Jetta 2.0T models through VW Credit this month. You should be able to get at least another $1,000 off on this car, if no more.
Car_man
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- #119 of 1016
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Re: 2.5 lease package 1 [ral2167]
by Car_man HOST
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Jun 26, 2006 (2:14 am)
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Replying to: ral2167 (Jun 13, 2006 1:19 am)
Congratulations on your new car, ral2167. Thanks for taking the time to share the details of your deal with everyone. Enjoy!
Car_man
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- #120 of 1016
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Re: Help with lease. [norbex]
by Car_man HOST
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Jun 26, 2006 (2:21 am)
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Replying to: norbex (Jun 13, 2006 2:24 pm)
Hi norbex. This car's lease payment will depend upon its selling price. Make sure to negotiate the lowest possible selling price for it. During your negotiations, make sure to keep in mind that Volkswagen is currently providing $1,000 lease cash on '06 Jetta 2.0T models. You may be able to get an idea of how much you should pay for this car right now by visiting the following discussion: "Volkswagen Jetta: Prices Paid & Buying Experience".
Also, it appears as though you are very upside down ($6,000) on your current truck. I highly doubt that you can bake all of your negative equity into your new lease. As a result, you are going to have to pay thousands of dollars out of your pocket at lease signing just to give your truck away. In my opinion, you probably would be better off if you wanted until you are less upside down to get a new vehicle.
Car_man
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- #121 of 1016
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Re: Carman, info please [jdubyahunt]
by Car_man HOST
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Jun 26, 2006 (2:25 am)
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Replying to: jdubyahunt (Jun 23, 2006 5:18 am)
Hi jdubyahunt. These cars' lease programs vary depending upon how long you lease them for. For now I will assume that you are interested in a 36 month lease. Let me know if you want info for a different term. If you were to lease an '06 Volkswagen Jetta 2.5L (not the Value Edition) through VW Credit right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00116 and 55%, respectively. The numbers for an otherwise identical lease of an '06 Jetta 2.0T should be .00107 and 54%.
Car_man
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