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Volkswagen Jetta Lease Questions

608 messages,  Last post on Oct 10, 2008 at 10:39 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Volkswagen Jetta, Car Leasing, Sedan, Wagon


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#20 of 608
1st time leasing by smiamiguy
Nov 14, 2005 (5:56 am)
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Hi, I want to lease a new 2006 jetta (fully loaded), but am suspect of Miami dealers and what they say. Could you tell me what would be reasonable price ranges? (monthly payments?)
 
Also, I've read in some places that one should negotiate the price of the car, not the monthly payments, to get the best lease deal...could you explain?
 
THANKS!!!
 
P.S. Great website!!!!
#21 of 608
Re: Leasing a certified Pre-Owned Jetta [jcanal] by Car_man HOST
Nov 17, 2005 (4:33 am)
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Replying to: jcanal (Oct 24, 2005 1:49 pm)

Hi jcanal. Many banks lease Certified Pre-Owned vehicles to consumers. Unfortunately, it often turns out that CPO vehicles have fairly similar lease payments to or even higher lease payments than equivalent brand new models. This is because automakers provide lease support on new vehicles to boost their sales totals and keep their factories humming, but they don't usually provide much in the way of lease support on used vehicles. Of course, there instances when leasing a used vehicle can be a good deal. BMW often has fairly attractive leases available on its CPO vehicles. I don't think that you would be able to get that great a deal on a lease of a used Jetta right now though.
 
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#22 of 608
Re: Canadian Info [grimdeep] by Car_man HOST
Nov 17, 2005 (4:36 am)
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Replying to: grimdeep (Oct 25, 2005 6:39 pm)

You are correct, grimdeep. Edmunds.com's TMV numbers include destination charges but none of the other items that you mentioned, like sales tax.
 
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#23 of 608
Re: 1st time leasing [smiamiguy] by Car_man HOST
Nov 17, 2005 (4:39 am)
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Replying to: smiamiguy (Nov 14, 2005 5:56 am)

Welcome smiamiguy. I'm glad that you enjoy this site so much. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
What you heard is absolutely correct. The selling prices of leased vehicles are negotiable, just as if you were paying cash or financing them. When you shop around, negotiate as good a deal as possible on the car that you want and then have the dealer that you are working with calculate a lease payment on it using that price.
 
I would be happy to try to give you an idea of how much it will cost to lease the Jetta that you are interested in. However, in order for me to do so I need some additional information from you first. This info includes the exact model that you want, its full MSRP, approximate selling price, how long you want to lease it for, and how many miles per year you need to be able to drive it.
 
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#24 of 608
06 Jetta 2.0t DSG lease rates by nvnick
Nov 17, 2005 (2:00 pm)
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Car_Man -
 
How about the rates on a 39 mo, 15k miles/yr lease?
#25 of 608
Re: 1st time leasing [Car_man] by smiamiguy
Nov 17, 2005 (10:11 pm)
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Replying to: Car_man (Nov 17, 2005 4:39 am)

Dear carman,
 
Thanks for the help! I did some research and came up with MRSP for 2006 VW Jetta 2.5L, North Sea Green with dark grey leatherette interior, Package 1, XM Radio, 6-cd $27,000 (roughly). I also found the invoice price for the same to be $24,800...how much, do you recommend, should one ask above invoice?
 
I'm thinking of 39mo, 15,000 mi/year. Also, what do you estimate the residual value of a Jetta to be?
 
Thanks again
#26 of 608
2006 Jetta GLI by benji123
Nov 28, 2005 (1:00 pm)
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I am in the Los Angeles area and I am interested in leasing a 2006 VW Jetta GLI, with an MSRP of $29,580 and a selling price of $28,000. I am interested in either a 24-month, 12,000 mile/year lease or a 36-month, 12,000 mile/year lease. What are the money factor and residual values for each program and what can I expect to pay per month (assuming $0 down)?
 
Thanks!
#27 of 608
Re: 06 Jetta 2.0t DSG lease rates [nvnick] by Car_man HOST
Dec 04, 2005 (7:08 am)
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Replying to: nvnick (Nov 17, 2005 2:00 pm)

Here you go, nvnick. If you were to lease a 2006 Volkswagen Jetta 2.0T Sedan through VW Credit right now for 39 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00166 and 54%, respectively.
 
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#28 of 608
Re: 1st time leasing [smiamiguy] by Car_man HOST
Dec 04, 2005 (7:13 am)
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Replying to: smiamiguy (Nov 17, 2005 10:11 pm)

You're very welcome smiamiguy. I am not personally all that familiar with what the market for the '06 Jetta is like right now, but I suspect that $750 over invoice might get the job done. You may be able to get additional feedback on how much you should pay for this car by visiting the following discussion: "Volkswagen Jetta: Prices Paid & Buying Experience".
 
Volkswagen Credit's current buy rate lease money factor and residual value for a 39 month, 15,000 miles per year lease of a 2006 VW Jetta 2.5L (not the Value Edition) should be .00153 and 55%, respectively. The residual value of a 39 month lease of Jetta 2.5 with an MSRP of $27,000 (this number should include the destination charge) would be $14,850.
 
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#29 of 608
Re: 2006 Jetta GLI [benji123] by Car_man HOST
Dec 04, 2005 (7:39 am)
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Replying to: benji123 (Nov 28, 2005 1:00 pm)

Hello benji123. If you were to lease a 2006 Volkswagen Jetta GLI through VW Credit right now for 24 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00162 and 63%, respectively. The numbers for an otherwise identical 36 month lease should be .00162 and 56%. Using these numbers, an MSRP of $29,580, and a selling price of $28,000, I estimate that this car should have 24 month, a zero down, pre-tax monthly payment of around $466 and a 36 month payment of around $390.
 
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