- #347 of 607
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"Special Buy Back Sale"
by gli06er
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Apr 24, 2007 (5:59 am)
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Replying to: vwguild1 (Apr 11, 2007 11:22 am)
Hey, thanks for the help vwguild1. I got another letter from the same dealership's sales department asking to buy back my leased 2006 GLI so that they can put it up for immediate resale. Now, in that scenario, where the dealership is asking to have the vehicle back, that shouldn't count as an early termination on my part, right? The offer consists of:
payment of up to $1500 over NADA official used car guide listing;
$1276 gift certificate for "special" internet shopping spree
(I have NO idea what that means);
2.9% apr financing of replacement vehicle;
and up to $3000 vw owner loyalty rebates (I think I'm only eligible for $2000).
This is pretty much all I got in the letter from Greenbrier Volkswagen, besides of course requiring an inspection of the vehicle. I'll be in the area this weekend anyway, so I figured I should drop by and see what they have to say. Has anyone else had any experience with this? Thanks! 
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- #348 of 607
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Re: "Special Buy Back Sale" [gli06er]
by vwguild1
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Apr 24, 2007 (11:32 am)
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Replying to: gli06er (Apr 24, 2007 5:59 am)
Is there something about your 2006 GLI that you do not like?
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- #349 of 607
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Re: "Special Buy Back Sale" [vwguild1]
by gli06er
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Apr 24, 2007 (2:05 pm)
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Replying to: vwguild1 (Apr 24, 2007 11:32 am)
Actually, far from it... but my wife and I had our first baby last year and we might be expecting again soon; we kind of need the space, and it's either her car or mine that needs to be replaced with a larger one. I love my car, but multiple car seats and constant visits from family are really making us eye any chance to up the size to maybe a used mini-van or something that would also bring down our monthly bills. I wish we could replace her car instead, but since I'm the one that barely drives now (take public transportation to save money) and hers is really on loan from her folks, it leaves only mine. 
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- #350 of 607
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Re: "Special Buy Back Sale" [gli06er]
by vwguild1
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Apr 25, 2007 (10:36 am)
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Replying to: gli06er (Apr 24, 2007 2:05 pm)
Understood...Just be careful...
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- #351 of 607
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Re: Volkswagen Jetta: Lease Questions [jtague]
by Car_man HOST
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Apr 26, 2007 (3:14 am)
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Replying to: jtague (Mar 25, 2007 10:17 am)
Hi jtague. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers 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 this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle 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 these numbers are.
Car_man
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Prices Paid Forum
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- #352 of 607
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Re: Wolfsburg Numbers [Car_man] - Need a little help [conneen]
by Car_man HOST
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Apr 26, 2007 (3:18 am)
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Replying to: conneen (Mar 30, 2007 7:13 am)
Here's the information that you're looking for, conneen. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Jetta 2.5L Wolfsburg with 15,000 miles per year are .00095 and 56%, respectively. The residual value for an otherwise identical lease with only 12,000 miles per year would be 2% higher. Volkswagen is currently providing a $750 cash incentive on leases of the '07 Jetta through VW Credit. Unfortunately, this offer is not available on Wolfsburg models. So there you have it. Let me know if you have any questions.
Car_man
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Prices Paid Forum
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- #353 of 607
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Re: Jetta Metrics [storrnyc]
by Car_man HOST
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Apr 26, 2007 (3:27 am)
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Replying to: storrnyc (Mar 30, 2007 12:50 pm)
Hey storrnyc. VW Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Jetta 2.0T with 15,000 miles per year are .00077 and 53%, respectively. The Jetta's lease program varies by trim level, so if let me know if you are interested in a different version of this car. Volkswagen is currently providing a $750 cash incentive on leases of this model through VW Credit. Make sure to take this cash into account when negotiating your car's selling price.
Car_man
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Prices Paid Forum
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- #354 of 607
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Re: Jetta vs Passat [crokerd]
by Car_man HOST
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Apr 26, 2007 (3:31 am)
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Replying to: crokerd (Mar 31, 2007 9:48 pm)
Hi crokerd. I see that you already know the selling prices of the cars that you are interested in. That's great because many consumers neglect to find this information out. I would be happy to give you my opinion of these prices if you provide me with these cars' MSRPs.
The dealer that told you that Volkswagen Credit does not offer 36 or 39 month leases was either lying to you or there was some sort of miscommunication. VW Credit is currently offering special leases for these terms. In fact, if I was in the market for a Jetta or a Passat right now, I would go with a 36 or 39 month lease.
Car_man
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Prices Paid Forum
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- #355 of 607
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Re: Jetta Wolfsburg [storrnyc]
by Car_man HOST
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Apr 26, 2007 (3:47 am)
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Replying to: storrnyc (Apr 04, 2007 12:26 pm)
Hey storrnyc. The money factor that you were quoted for this car is right in line with VW Credit's current buy rate for it. The '07 Jetta Wolfsburg doesn't have much of a spread between its MSRP and dealer invoice price, only a little over $1,100 on the base model, but I would think that you still should be able to negotiate more of a discount than what you are being given on one right now. Try stopping by the following discussion to see how much other community members have paid for similar cars lately: "Volkswagen Jetta: Prices Paid & Buying Experience". Also, VW Credit's current acquisition fee is only $575.
I just worked up a lease payment on the car that you are interested in using the prices that you mentioned in your post and I came up with a zero down, pre-tax monthly payment of $299. If you were able to negotiate another $500 off of this car's price, it would drop the payment for an otherwise identical lease to around $284.
Car_man
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Prices Paid Forum
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- #356 of 607
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Re: 07 GLI DSG Questions [ledname]
by Car_man HOST
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Apr 26, 2007 (3:50 am)
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Replying to: ledname (Apr 05, 2007 4:41 am)
Hello ledname. I can give you an idea of what this car's current lease program is like. Volkswagen Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Jetta GLI with 15,000 miles per year are .00067 and 60%, respectively. The numbers for an otherwise identical 36 month lease are .00067 and 52%, respectively. I am not sure exactly how much VW Credit charges for additional miles that are purchased at lease signing.
Car_man
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Prices Paid Forum
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