Last post on Nov 30, 2013 at 1:26 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Volkswagen Jetta, Car Leasing, Sedan, Wagon
#1264 of 1651 Re: May 2011 SEL Lease [kacey007]
May 16, 2011 (4:31 pm)
Hi kacey007. I posted the 36 month numbers a couple of messages back. This car's 39 month program is actually much better than its 36 month program right now. VW Credit's 39 month, 15k buy rate lease money factor and residual value for the 2011 Jetta Sedan SEL with sunroof are .00089 and 50%.
Volkswagen is currently providing a $500 cash incentive on leases of this car through its captive finance company.
If I was in the market for a Jetta Sedan right now I personally would shoot for a selling price of $500 over dealer invoice minus the available cash incentive.
Prices Paid: Buying & Leasing Experiences Forum
May 17, 2011 (8:01 pm)
Well I got a SEL w/ sunroof and rubber mat kit - MSRP was 24560 work them down to 23077 and paying 320 month for 39 mon 15k miles - Paid tax title and fees at signing .. Not too bad atleast I think
#1266 of 1651 Re: New SEL [chuckstyl5]
May 19, 2011 (9:47 am)
Thanks for the response. I'm not putting anything down, and getting the SEL with sunroof and sports package with the rubber mats, tint and spoiler for free at 340. So the comparison lets me know that this was the best I could do considering I'm not putting anything down and got the upgrade to sports.
#1267 of 1651 Re: May Jetta SE Lease [dookaloo]
May 27, 2011 (7:59 am)
I just scored a deal in NJ. 2011 Jetta SE (off the lot) w/ convenience and sunroof. 15k miles, 39 month lease for 280 a month. Sign and drive with only first months payment down.
#1268 of 1651 Re: May Jetta SPortsWagen TDI lease
May 29, 2011 (3:33 pm)
I have the following offer from a California dealer - how much further can I push them?
This is for a pretty much fully loaded Jetta SportsWagen with TDI, tiptronic, and the premium (sunroof, navigation) package. It's a 36 Month Lease w/ 15k miles per year.
Money Factor: .00174
Residual Value: $14,957.50
Money Down: $5,400.00 total
Monthly Payment: $350.60+tax
I can make adjustments to the down payment if I want to pay more monthly. I.e. ~$400 monthly with $3000 down.
#1269 of 1651 SportWagen SE - money factor and residual value
May 29, 2011 (11:07 pm)
We're trying to figure out our lease cost for a: SportWagen SE with options:
-Sunroof and wheel package
-Rear side airbags
We have the option of purchasing it at the invoice price through an employee program.
We're expecting to trade in + down of up to $8K.
Can you please let us know:
We aim at a 36 mo lease 15,000 miles per year. Is there a better program we should consider?
We found on Edmunds:
Invoice price: $22,795
Should we expect our price to be $22,795 + options?
#1270 of 1651 Re: SportWagen SE - money factor and residual value [mrcarbuyer]
May 30, 2011 (4:22 pm)
Hi mrcarbuyer. It really isn't a good idea to make such a large down payment when leasing. Consumers who put a lot of money down on their lease risk losing part or all of it if their vehicle is totaled in an accident or stolen and never recovered. It is much safer not to make any capitalized cos reduction when leasing.
Volkswagen Credit's May buy rate lease money factor and residual value for a 36 month lease of a 2011 Jetta Sportwagen SE with 15,000 miles per year are .00040 and 46%, respectively for consumers who qualify for its top credit tier.
If you are able to get this car at dealer invoice, then you will likely have to pay $22,795 minus the $1,000 cash incentive that is available on leases of this model through VW Credit.
Prices Paid: Buying & Leasing Experiences Forum
May 31, 2011 (4:49 am)
is 280(all included) a month for 39 months with 1500 down and 12k miles for an SE with Con/Package a good deal? or am I getting RO.... thank you.
#1272 of 1651 Re: SportWagen SE - money factor and residual value [Car_man]
May 31, 2011 (7:43 am)
Your insight made us think this through.
Probably we will go with a basic Jetta SportsWagen with Aut transmission, no extras.
Invoice price: $20,251
We can see that there's a $1,000 cash incentive for lease on this model until 6/30.
Our final price would be $19,251?
Can you please let us know June's Residual Value and Money Factor?
We have thought about a 36mo lease, due to their Carefree Maintenance plan. Is there a different lease term we should consider (we've read others are looking into 39 mo)?
How much down payment would you recommend?
We feel we're asking very basic questions, so thanks for your patience!
#1273 of 1651 Re: SportWagen SE - money factor and residual value [mrcarbuyer]
Jun 01, 2011 (6:08 am)
I never did a down payment. On a lease, it is best not to put anything down. If you want to put anything down, perhaps financing the car would be a better fit. Atleast then it would be going to the principal of your loan. A lease is over in about 3 years, so putting a lot down is not really worth it.
$1,000 down=about $20-30 off the payment. Not much.
Always ask for the basic deal with no money due. Focus on the selling price and the fees they are charging you. Get this down and your payment will reflect it.
You will be fine, just be aware of all the numbers.