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Prices Paid: Buying & Leasing Experiences Volkswagen Jetta Lease Questions
1013 messages, Last post on Nov 25, 2009 at 3:30 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I'm interested in leasing a 2009 Jetta SE. For September, I was quoted a money factor of .00256 per the dealer. I'd like to know what the money factors are per Volkswagen Credit and not take the word of the salesman.
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This is my first lease and I need a little advice. My goal is to purchase the car at the end of the lease. This is the best deal I have received so far on a Jetta SE 2009 - please let me know your thoughts: 36 months x $249 per month with $3000 down (taxes and fees included in payment) MSRP $21,869.00, Invoice Price $21,236.00, Selling Price $21,236 Residual % for 12,000 miles per year 61% Buyout Price at lease end $13,340.09 Thank you for any advice you can give. - Angie 
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I just signed papers on an 09 jetta wagon last night and wish I would have seen this forum before hand. I ended up with a money factor of .0033 and my credit score is over 800. I was very desperate as my trade in (lets say it was an 01 Volvo) was literally dieing on the way to the dealer. They also threw on an a documentation fee of $500 that they didn't bother to tell me about until they printed up the papers. They were supposed to write it up as a 15000 mile lease and did it as 12000. They have agreed to fix that so I'm going in tomorrow to get that taken care of- I wonder if I can re-negotiate any of the other terms. I am pissed at myself. I guess the moral of the story is don't be in a hurry, get informed, and get dealerships competing with each other. 
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Replying to: remhed (Sep 12, 2008 6:50 pm) |
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I have been extending my 06 jetta lease for a few months, no dealer can find me the car that I want so I am trying to buy time while waiting for the SEL's with nav to get here. A local dealer told me he was willing to lie to VW credit and say I have a car on order to help buy me some time. No money down, no signatures or anything.can I assume he is just doing his best to get my business or is this some kind of trick? Thank you for your help! |
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Replying to: richardtom (Sep 07, 2008 10:53 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: angiepea (Sep 08, 2008 3:07 pm) The two most important numbers to focus on when negotiating a lease are your car's selling price and its money factor. These are the two main profit centers for dealers. The selling price that you mentioned, which is right in line with dealer invoice, looks good to me. Just make sure that the dealer that you are working with uses VW Credit's current buy rate lease money factor of .00206 to calculate your lease payment and you should be in good shape. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Wolfsburg 08, with matts and spoiler, 23,114, cap cost 21900, MF of .00107, RV of .61 for 10 months for a 36 month lease. $3,150 total drive off, for $204 a month plus tax or $220 a month.
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Car_Man.... Could you give me the current residuals and money factors for a 2009 Jetta S and Jetta SE? Looking for a 36 month lease, and the lowest mileage per year they offer. 10K/year if they still offer that as an option, otherwise 12K/year. Thanks.
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