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Volkswagen Jetta Lease Questions

1015 messages,  Last post on Dec 05, 2009 at 8:31 PM

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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#51 of 1015
quick lease factor and residual for 2006 jetta gli by huskr
Mar 11, 2006 (9:11 am)
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I need the residual and money factor for the 2006 jetta gli. If someone can help me thank you asap please.
#52 of 1015
Re: quick lease factor and residual for 2006 jetta gli [huskr] by huskr
Mar 11, 2006 (1:59 pm)
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Replying to: huskr (Mar 11, 2006 9:11 am)

never mind found the info. and leased a 2006 jetta gli premium pkg. #2, spoiler and rubber floor mats for no money down $345 a month (that is including tax, no other fees). It is a two year lease, 10,000 miles a year. Lease rate .00061 and 65%. Cost of the car was 29,058. Sale price was 25,927 plus $500 rebate.
#53 of 1015
2006 GLI w/package 2 lease by swedish
Mar 11, 2006 (8:47 pm)
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Hello Car_Man, and everyone here!
 
This is a great messege board, and I am happy that I found it! It a very helpful service, and it's awesome that this was started. Thanks in advance to anyone who can help me!
 
I recently leased for the 1st time. I don't really understand all these ratios and small decimals you all are talking about, but I can give you this info:
 
I leased a 2006 GLI with package #2 + spoiler + added window tint ($240).
 
It is a 48 month lease w/15000 miles per year. I put $1500 down. The agreed upon value of the vehicle was $27,927. The gross capatilized cost was $28,502. There was a capitalized cost reduction of $601. The adjusted capitalized cost was $27,900. (Sorry if this is too much info, but I have never leased before, so I'm not sure what you need to help me )The residual value is $13,420 after 48 mo's. The depreciation and any amortized amounts was $14,480.
 
I have a payment of $425/mo. I this a fair deal? I thought it was after penciling the deal about 6 times.
 
The car is still "at port", so they gave me loaner until the car gets here next week. If this is not a fair deal, can I renegotiate the deal before delivery, or get out of it? Also, if it is not a fair deal, what points should I use to argue down the monthly payment?
 
I truly appreciate anyone's help, and if more info is needed please let me know!
 
Sincerely,
 
Swedish
#54 of 1015
Re: 2006 GLI w/package 2 lease [swedish] by huskr
Mar 13, 2006 (10:20 am)
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Replying to: swedish (Mar 11, 2006 8:47 pm)

unless your credit is not good this sounds like a very high payment. Plus you put money down. Volkswagen lease right now is better at a two year than at a three year. I don't know much about a 48 month lease. If you already signed papers the deal is done, more than likely. We leased the same car, but no tint for $345 no money down, that is with tax 7%. Two year lease 10,000 mile lease. You also did 15,000 miles which I also don't know the figures. Good luck and check this sight out next time. It has helped a lot.
#55 of 1015
Re: quick lease factor and residual for 2006 jetta gli [huskr] by msneider
Mar 15, 2006 (7:06 am)
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Replying to: huskr (Mar 11, 2006 1:59 pm)

Hello huskr. Sounds like you got a great deal on the GLI. Can I ask where you got it?
#56 of 1015
Can someone help with the nubmers. by lastory
Mar 19, 2006 (7:03 pm)
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I'm looking at a 2006 Jetta GLI, Automatic, Package #1, Spoiler. I have a price of $26,553. What kind of a lease can I expect if I only want a total drive of $600.00. I can do 36-48 months. I want 12,00 miles per year. I have five months left on my Passat lease, but I was told that they would cover up to 6 remaining payments with VCI's current offer. I live Los Angeles. Their current lease offers mentions $1,200 customer cash, whatever that is and $500 owner cash and vehicle trade in. Any help would be appeciated.
#57 of 1015
Help by lastory
Mar 20, 2006 (3:04 pm)
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I have negotiated a price of $25995.00 for a 2006 GLI, Auto with Package #1. I was wondering what the residual and money factor info is. I'm looking at 12,000 miles, and a total drive off of $800.00. Originally I was told VCI would cover the 5 payments on my lease that are remaining, but now I'm told that it's only if you own a Jetta and I have a Passat. They are offering me $364 plus tax for 36 months. What should I expect for 48 months and is this a bad deal?
#58 of 1015
Re: 2006 GLI w/package 2 lease [swedish] by Car_man HOST
Mar 26, 2006 (7:03 am)
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Replying to: swedish (Mar 11, 2006 8:47 pm)

Welcome Swedish. I;m glad that you enjoy this discussion 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: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. They will clear up a lot of the questions that you have.
 
I would be happy to give you my opinion on the lease that you signed, but it would be a big help if you were able to provide me with this car's full MSRP first. This number will enable me to see how much of a discount you were given on it and to use VW's current lease program to estimate what your lease payment should be.
 
It may be difficult for you to renegotiate your lease at this point. Since you have not physically taken delivery of your car yet, you probably would be able to back out of the deal if you really wanted to, but if you have given the dealer any money you would have a tough time getting it back.
 
Car_man
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#59 of 1015
Re: Help [lastory] by Car_man HOST
Mar 26, 2006 (7:08 am)
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Replying to: lastory (Mar 20, 2006 3:04 pm)

Hi lastory. If you were to lease a 2006 Volkswagen GTI through VW Credit right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00119 and 54%, respectively. When negotiating your lease on this car, keep in mind that VW is currently providing a $500 cash bonus on leases of '06 Jetta GLI models. I would be happy to give you my opinion on this deal and to calculate a 48 month lease payment on this car for you, but in order for me to do so I need you to provide me with its full MSRP and approximate selling price. Let me know and I'll tell you what I think.
 
Car_man
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Smart Shopper / Prices Paid Forums
#60 of 1015
06 GLI or 2.0T Jetta by will2702
Mar 29, 2006 (2:11 pm)
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CarMan,
 Can you get me the money factor and residual value for the GLI jetta or the 2.0T Jetta? This would be for a 2yr 10k/yr or a 3yr 10k/yr lease. thanks a lot

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