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Volkswagen Jetta Lease Questions

536 messages,  Last post on Jul 01, 2008 at 9:33 AM

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

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#308 of 536 Re: '07 Wolfsburg Deal or No Deal [wvbob] by wvbob Mar 01, 2007 (5:28 am)
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 536 2007 Jetta Wolfsburg Lease by moesantos Mar 01, 2007 (7:17 am)
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... Replies to this message: Car_man (Mar 02, 2007 4:33 am)
#310 of 536 Re: 2007 2.0 Lease Information [gokhangulec] by Car_man HOST Mar 02, 2007 (3:39 am)
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 Host Prices Paid Forum
#311 of 536 Re: 2.0 Lease Info. [niclaf77] by Car_man HOST Mar 02, 2007 (4:00 am)
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 Host Prices Paid Forum
#312 of 536 Re: '07 Wolfsburg Deal or No Deal [wvbob] by Car_man HOST Mar 02, 2007 (4:13 am)
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 Host Prices Paid Forum
#313 of 536 Re: Jetta Lease - Deal or No Deal? [extremeaudi] by Car_man HOST Mar 02, 2007 (4:22 am)
Replying to: extremeaudi (Feb 22, 2007 9:37 pm) Hello extremeaudi. I believe that the dealer invoice price for a 2007 VW Jetta 2.5 with automatic, Pack 2, navigation, iPod connection, sunroof, 17" wheels, and splash guards is around $26,582. So the price that you were quoted does indeed look like it's pretty close to dealer invoice, which is a pretty good deal. Volkswagen is providing a $500 bonus for leases of Jetta 2.5L models through VW Credit, so this price is really more like $500 over invoice...which is still good. Volkswagen's lease program for this car changed for March. Its new buy rate lease money factor for 36 month leases is .00067 and its 36 month, 12,000 mile per year residual value is 56%.   Car_man Host Prices Paid Forum
#314 of 536 Re: 2007 Wolfsburg Edition - FIRST CAR [rrcoleman] by Car_man HOST Mar 02, 2007 (4:26 am)
Replying to: rrcoleman (Feb 25, 2007 9:15 pm) Welcome rrcoleman. I am glad that you find this forum so helpful. You mentioned that this will be your first car. 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.   The first thing that I noticed about this deal is that you are considering making a $3,000 down payment. I always advise consumers against making down payments on leased vehicles. I do so because if your leased vehicle is totaled in an accident or stolen and never recovered, there is a good chance that your down payment will just disappear. Besides, I remember how tight money was when I was in college so you probably have better uses for the three grand that you were going to put down.   I also noticed that you never mentioned this car's selling price. This is a very important number to find out. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Make sure to negotiate as low a selling price as possible and then have the dealer calculate your car's monthly payment using its buy rate lease money factor. Volkswagen Credit's current buy rate money factor for a 36 month lease of a 2007 Jetta Wolfsburg Edition is .00095.   Car_man Host Prices Paid Forum
#315 of 536 Re: 2007 Jetta Wolfsburg Lease [moesantos] by Car_man HOST Mar 02, 2007 (4:33 am)
Replying to: moesantos (Mar 01, 2007 7:17 am) Welcome moesantos. 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.   You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.   I personally would pass on the scratch protection option. I have found that most manufacturers' captive finance companies are fairly lenient when evaluating the lease-end condition of vehicles. Even if they do hit you with an excess wear and tear penalty, the $900 that you will end up paying for this coverage over the life of your lease would cover a lot of damage. Of course, if you feel as though the piece of mind that this coverage provides you with is with $23 per month you can get it.   Car_man Host Prices Paid Forum
#316 of 536 first time leaser .... by d_macho Mar 03, 2007 (6:55 am)
I'd like to thank car-man and other in this thread. This is my first time leasing a car. Reading through these discussions help me understand all my leasing doubts.   I actually created a spreadsheet for my PDA with automatic calculations. This is based off a web page in edmunds . Thxs to car-man. This helped me run the numbers. I was off by only $40 compared to what the dealership agreement showed.   Car-man this is yours for the asking if you wish. thxs again. Replies to this message: Car_man (Mar 23, 2007 3:14 am)
#317 of 536 2007 2.5 Jetta by roccorocco Mar 03, 2007 (5:26 pm)
Hi. I am looking to lease a 2.5 Jetta. The options on the vehicle are as follows: 1) #1 package; 2) Cold Weather Package; 3) automatic transmission; 4) sunroof; 5) enhanced stereo. The price is listed at $23,195. I have been quoted at $274/month, for a 48 month lease, which will allow 10,000 miles per year. The residual value was quoted at 49% and the money factor is 0.00125. Is this a good deal, or should I keep shopping. Thanks in advance for any advice you can impart.   roccorocco Replies to this message: Car_man (Mar 23, 2007 3:28 am)

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