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Prices Paid: Buying & Leasing Experiences Volkswagen Jetta Lease Questions
536 messages, Last post on Jul 01, 2008 at 9:33 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: invaliduser (May 29, 2007 4:21 pm) 07 Jetta GLI 6spd Pkg1 w/ 18"s .00068 MF 51% Resid 3yr/45k mi lease I'm taking delivery on the 1st so I can use these numbers or next months...any clue on next months???
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Replying to: polyvw (May 29, 2007 6:21 pm) If you don't mind, let me know what they quote you for next months MF/Residual. I doubt the dealer will know anything until the 1st or the 4th. From what I can tell, the $750 incentive will be good through the end of June. Now we just need to hope they spice up the residual like they did for the May GTI lease support  I'm looking at the 7th or 8th of June for my purchase. Thx, IU |
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I am a college student with good credit looking to lease a 07 manual Jetta Wolfsburg. I want a 36 month lease with 12,000 miles a year. I want my payments to be at 189/month. I know that since I want a low monthly payment I will need to put down a substantial down payment but I am not sure what is a reasonable amount. I went in and got an estimate, without any bargaining they quoted me at $4,600 down. Is this reasonable or can i bring this number down? Thanks in advance.
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Replying to: kyfdx (May 09, 2007 12:34 pm) |
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Replying to: Car_man (May 23, 2007 2:44 am) I wish you replied sooner. I already got the car. I feel like an idiot taking the car from the first dealer I visited that day! It was May 6 and I had until June 7 before I turn in my old Jetta (which still has 7k miles). They said they will take care of my last month's payment from my old lease and also the turn in fee of $350 (is this turn-in waived anyway by VW credit since I'm getting another VW?). So I caved in. I shouldn't have rushed because I'm now paying the amount of a car with a sunroof (although the one I got doesn't have one). I wanted to lease for 36 mos with 10k mi/yr (2.5L w/ pkg 1). VW Hayward gave me .00069 MF and 56% RV. Selling price of the car is $20,300. With license fee, doc fee, and acq. fee...the cap cost is $20,913. My tax rate is 8.25%. I put $500 down which pays for 1st month's payment. The dealer says they were losing $446 on this sale which I think is BS. My total monthly including tax and fees is $288 and change. As soon as I got home and my thinking settled in, I realized that my old lease is also $288/mo but I had a sunroof, leather seats, leather-wrapped steering wheel, and heated front seats. I also had 12k mi/yr. Granted that I put down $1200 and that the dealer added $1000 on my downpayment for the loyalty program, I still think that I had a great deal last time. So Car-man tell me, how much did it cost me for rushing in to get a new VW lease? BTW, how was the .00069 MF calculated in the price of the lease? Is that 1.66% x depreciation? Because it's not adding up. Another thing i'm upset about is that I believe the $750 rebate started on May 1st. The dealer didn't tell me anything about this rebate. Is this something I can bring up with VW credit and renegotiate after the fact? Here's the link: http://www.edmunds.com/new/2007/volkswagen/jetta/100778034/incentives.html?vdp=off&setzip=94065&state=CA |
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Car_Man, Earlier, you mentioned a special 24 month lease deal for VW's Southern Region, which I'm curious about. I'm in Florida, which I assume is in the Southern Region. I'm trying to find the best lease deal (ie. smallest payment) on either a Wolfsburg or 2.5. Thanks in advance.
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So I am trying to figure out if this MASS dealership is trying to take my girlfriend for a ride. She is ready to call the guy and put a deposit, but I am not so sure I am comfortable with the deal. Any assistance would be appreciated.....so, here is the deal: She is trading in her 2006 Civic LX with 37K (yeah she drives a lot!). The payoff on that car is just under 15 grand and the dealer said they will give her $14,000 and then somehow eat the difference (in their words). The car she wants is a 2007 Jetta Wolfsburg (Automatic, with spoiler, etc). They are willing to sell the car to us for 20,654, but somehow the payments work out to $318/month for 48 months 15K/year and $0 out of pocket. They are showing a $59/month lease charge on top of the base payment of $244. The manager showed me their computer screen, but is either an imbecil or is doing a good job of faking because he couldn't explain any fees and just kept saying he just says what the computer says. I feel like he is simply rolling in the negative equity which we don't want, but they kept saying they are getting her out of the civic. Her main concern is to get out of that car since she is way over the miles, but I feel like $318 is way too much. Any suggestions are appreciated since I am dragging her away from the phone as we speak!
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Replying to: psyten (Jun 07, 2007 4:56 am) The lease charge is the finance portion of the lease payment.. Why get into a lease when she drives that many miles? Keep the Civic. regards, kyfdx |
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Replying to: psyten (Jun 07, 2007 4:56 am) If that is the case, then the $1000 difference being rolled into the new lease is really not such a big deal. It is important that she sees what the the Jetta works out to be without here Civic in the deal, and then add in the trade... |
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Replying to: vwguild1 (Jun 07, 2007 11:36 am) $306 out of pocket (first month's payment) $306/month 48 months / 15K per year Not great, but ok because of the civic? or not? By the way, we negotiated the civic before negotiating the Jetta deal, so it was somewhat separate, but not best case scenario, I take it.
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