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Volkswagen Jetta Lease Questions

1005 messages, Last post on Nov 06, 2009 at 1:51 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Wife just leased a 2009 Jetta Sport Wagon SE, Black with Tan interior, Sunroof and Automatic. Brand new vehicle off truck. $500 down (total out of pocket included 1st month payment) $368 per month (includes FL tax) 12,000 miles per year 36 month lease Leased in West Palm Beach. Dealer in Delray Beach offered same quote (match) Had to beat them up to get this... |
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Replying to: eights38 (Sep 24, 2008 2:11 pm) Thanks for your help, PC |
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Okay so please excuse the newbiness of my questions. I need to get an 08 jetta wolfsburg. Details: 1. $0 Down 2. Excellent Credit 3. 24 or 36 months 4. 12K / Year What are the key metrics I need to know about when heading to the dealership? 1. Money Factor 2. Residual % 3. Total Price that would be considered a good deal? So what should I be looking at in terms of monthly payments? Anyone with recent deals please post your specs. Thanks so much in advance.
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Replying to: erzeszut (Sep 19, 2008 11:02 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: tjawed (Sep 27, 2008 9:17 pm) As far as the money factor goes, VW Credit's September buy rate lease money factor for a 24 month lease of a 2008 Jetta Wolfsburg is .00107. The factor for an otherwise identical 36 month lease is exactly the same. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hi, I am looking to lease an 09 jetta, SEL w/ nav, 10k per yr. The plan was to put 3,000 down but now I am wondering if its better to put nothing down. I currently have an 06 jetta with leather, nav , etc.. and pay 252.00 ( 240+tax) per month with 3,000 down. My head is spinning from all the different quotes I have gotten from dealers. Is 273 a month a good deal?( with 3800 down total with fees) I feel like the economy is bad and they are tricking me..If you could tell me what is a good price I would be so grateful. Best Regards -J ps. Is it fair for a dealer to charge me extra on my lease because he has to special order a car in the color combo I want?
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Replying to: jessy1 (Oct 04, 2008 9:40 am) Perhaps you could get it to be less money down, and still be happy with the payment. Of course keep that to yourself. In fact. I would not even mention wanting to put down $3k. This only blurs the perception of the deal. Say you are going to put nothing down, work on that sale price. Then work that payment where you want. Then, when the time is right, tell them you are going to put money down. That way the deal is all out on the table, then you can just figure the payment lower on the down payment. Remember for every $1k, you are taking off $20-30 or so off the payment. Mentioning the downpayment from the beginning, sometimes has the dealer in a place to trick you. Tell them $0 down Work on sale price- Check edmunds- get multiple email quotes from dealers. Work the deal to its max Then, if you want, add in the down payment at the last minute.- this may look like your tricking them, but in a sense, your working a normal deal, because it is advised to not put down on a lease, at that point you can feel you want a lower payment, that is okay. Put some down. You are just educating yourself, and securing yourself to not get ripped off. Do this, and you'll see the deal more clearly. Now as far as getting the color, they could get it from another dealer, but I don't think they should charge you for that. Caution with this. I am not totally sure. Good Luck! -- if it does not feel right- Don't do it! There are other dealers, other deals. You want to feel good about everything. I would not mention you are on a time table to get a car quickly! They will use this. Keep your ground, don't take any of their crap, just ignore it if they choose to do this, just be professional. |
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VW just announced a new lease program today (10-10-08) hopefully to promote more sales. Does anyone have the money factor and residual for a 09 Jetta Wolfsburg-automatic for a 36 mo. 15K miles per year program?
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Replying to: rhett78 (Oct 10, 2008 9:39 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I am also looking at a 2009 Jetta Wolfsburg but with a manual transmission. I have been quoted several money factors for leasing this vehicle. Ranging from 0.0064 to 0.00333 to 0.00300 to 0.00318. I feel like I am being taken for a ride, no pun intended. The 0.0318 is based on the "current A-Tier buy rate". What does this mean and is this based on my credit score? Also who determines the Money Factor, VW financial? If the dealer is acting as the agent for the leasing company why would they determine this rate? I am totally confused. Help !!!
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