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Volkswagen Jetta Lease Questions

607 messages,  Last post on Oct 07, 2008 at 7:29 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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#303 of 607
'07 Wolfsburg Deal or No Deal by wvbob
Feb 22, 2007 (6:13 pm)
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I'm in the process of replacing a totaled '05 beetle. I have contacted numerous dealers via web ( searching 300 mile radius). Parameters starting out were to have Drivers Choice Financing. I'm told this is now based on a Lease contract. What I have as a best deal so far is from dealer where I purchased beetle. Deal or No Deal... '07 Jetta Wolfsburg Ed, automatic, MSRP $21255; Invoice $20,255; sell price $19,700. Price quote for 48months, 12k/annual miles is $269 complete out the door. does this sound reasonable or do I need to make them go sit in the corner while I spank them some more. WV collects sales tax at 5% added to each payment. Quoted price includes this too.
#304 of 607
Re: 2.0 Lease Info. [niclaf77] by wvbob
Feb 22, 2007 (6:19 pm)
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Replying to: niclaf77 (Feb 20, 2007 5:42 pm)

I am currently attempting to Lease a Jetta. See post 303.
If you don't mind the drive, one can find some interesting deals. All Dealers I have spoken with indicate the Wolfsburg Ed has the best VW deals and Lease for less than the Value.
#305 of 607
Jetta Lease - Deal or No Deal? by extremeaudi
Feb 22, 2007 (9:37 pm)
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Hi all... I would appreciate any advice / input regarding this quote I received from a VW dealer today. They tell me that this is the only Jetta that they can find equipped like this & that I need to jump on it if I want the car.
 
The car: '07 Jetta 2.5, Automatic, Pack 2, DVD Nav w/Ipod, Sunroof, 17" Wheels & Splashguards.
 
The deal: Selling price - $26,470. (I am being told that this is invoice - MSRP $28,415.). Residual - 55%. Money factor - .00189. Term - 39 mos. Miles - 12k/yr. Monthly payment (including taxes) - $391. (no more than first payment due at signing).
 
I have seen lower money factors listed here in this discussion - as low as .00149 for 2/07. Is the dealer padding this when they offer me a mf of .00189? They seem to squirm when I ask about it. Can this really be invoice? I cannot find a stated invoice for this car on Edmunds.com.
 
Thanks for the input!
 
#306 of 607
2007 Wolfsburg Edition - FIRST CAR by rrcoleman
Feb 25, 2007 (9:15 pm)
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Hello ALL - This entire forum has been so helpful.
 
I am a current college student - searching for my first car...as the one passed on to me from my parents has died. Below is the current deal I have worked up - any help is appreciated:
 
2007 Wolfsburg Edition
Black with Beige Interior
MSRP: $21,544
 
39 Month Lease
$3000 Cash Down
$3124.00 OUT THE DOOR
$225.60 Monthly Payment
 
Because I did not attempt to get a lower price before the deal was discussed...I am going to attempt to get the dealer to install the enhanced styling body kit as an included feature - Do you think this is an unreasonable request?
 
Hopefully this deal will be sealed by the end of the week - so I will be mobile once again...ANY help or suggestions are GREATLY appreciated
#307 of 607
Re: 2007 Wolfsburg Edition - FIRST CAR [rrcoleman] by niclaf77
Feb 26, 2007 (10:03 am)
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Replying to: rrcoleman (Feb 25, 2007 9:15 pm)

just because you didn't try and negotiate a lower price doesn't mean you can't go back and do so now. i would not pay the msrp for any car. i would go back and continue to negotiate a better deal. also, you should not put that much money as a down payment. if you read about leasing you will see why that is not a good idea. i would put little to no money down and take that extra money - put it in the bank and put it towards the higher monthly payment. i am sure others on here will tell you the same. good luck and i hope you can work it all out and get into a new car.
 
nicole
#308 of 607
Re: '07 Wolfsburg Deal or No Deal [wvbob] by wvbob
Mar 01, 2007 (5:28 am)
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Replying to: wvbob (Feb 22, 2007 6:13 pm)

Here's an update. Was seeking Wolfsburg Black on Black auto for Daughter MSRP $21255. Local dealer could not locate a B on B with in 300 miles. Was willing to sell to me for $19700. Dealer had Red 2.0 MSRP $22,030 same options as Wolfsburg with out sun roof. Dealer held price at $19700. ($1100 under invoice)
#309 of 607
2007 Jetta Wolfsburg Lease by moesantos
Mar 01, 2007 (7:17 am)
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Hello,
I just moved to LA and am a first time buyer looking to lease. I saw a 2007 Jetta Wolfsburg edition that I really like with a MSRP of 21544. The best deal they could get me down to was $290/mo with $2500 total down at 39 mo 15,000k/yr. After looking at cars in the LA area all week it seems like a good deal to me, but I don't really know. What do you think? There' s also some scratch option that protects you when you return the car at the end of your lease from paying any damage fines for minor dents, tires, or scratches that brings it up to $313/mo...
#310 of 607
Re: 2007 2.0 Lease Information [gokhangulec] by Car_man HOST
Mar 02, 2007 (3:39 am)
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Replying to: gokhangulec (Feb 20, 2007 2:54 pm)

No problem gokhangulec. Volkswagen Credit's new March buy rate lease money factor and residual value for a 36 month lease of a 2007 Jetta 2.5L with 15,000 miles per year are .00067 and 54%, respectively.
 
Car_man
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Prices Paid Forum
#311 of 607
Re: 2.0 Lease Info. [niclaf77] by Car_man HOST
Mar 02, 2007 (4:00 am)
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Replying to: niclaf77 (Feb 20, 2007 5:42 pm)

Hey niclaf77. I'm glad that you found the information that I game you on the A4 so helpful. So, you get the Audi and your husband gets the Jetta huh? That sounds like a good deal to me . I'm not sure why Edmunds and Volkswagen's web site showed different MSRPs for the car that you are interested in. Perhaps you weren't making an apples to apples comparison. The MSRP of a 2007 Volkswagen Jetta 2.0 with an automatic transmission is $18,205. Remember that the selling prices of leased vehicles are negotiable. Shoot for a price that's as close to this car's dealer invoice price, $17,600, as you can get.
 
As far as this car's lease program goes, its March buy rate lease money factor and residual value for a 36 month lease with 12,000 miles per year are .00077 and 55%, respectively. Using these numbers, an MSRP of $18,205, and a selling price of $17,800 ($200 over dealer invoice), I estimate that this car's zero down, pre-tax monthly payment should be around $238. So yes, that would be under your target $250 per month range. I am not aware of any owner loyalty offers on the 2007 Jetta right now, but you should check with your dealer to make certain that there aren't any.
 
Car_man
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#312 of 607
Re: '07 Wolfsburg Deal or No Deal [wvbob] by Car_man HOST
Mar 02, 2007 (4:13 am)
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Replying to: wvbob (Feb 22, 2007 6:13 pm)

Hi wvbob. A selling price of below dealer invoice is a very good price for a leased 2007 Jetta Wolfsburg. Just make sure that the dealer that you are working with uses VW Credit's new March buy rate lease money factor of .00149 (48 months) to calculate your car's monthly payment and you're in business.
 
Car_man
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Prices Paid Forum

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