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Volkswagen Jetta Lease Questions

1013 messages,  Last post on Nov 25, 2009 at 3:30 AM

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What is this discussion about? Volkswagen Jetta, Car Leasing, Sedan, Wagon

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#616 of 1013 Re: 2009 Jetta Wolfsburg money factors [jgirl6] by rhett78 Oct 15, 2008 (7:03 pm)
Replying to: jgirl6 (Oct 15, 2008 5:22 pm) jgirl6...I appreciate the information you found on leasing. In this particular instance, I think VW credit is providing a subsidized lease format to the benefit of the dealers to stimulate otherwise sluggish sales. The majority of time you purchase or lease a car from a dealership, the Finance Manager/Rep at the dealership is dedicated to providing additional profit for the dealership through the finance program. They add an additional interest per centage to the finance program that is paid back to the dealership. I don't believe that this is the case with the Sign then Drive program, currently being offered by VW.   I will be going to the dealership to finish the paperwork and take delivery. I made the entire deal through email with the internet manager at the dealership. It was indeed a Jetta Wolfsburg Automatic with the drivers kit, which includes mats and the rear lip spoiler.   As I previously suggested you made want to consider making contact through the internet with another dealership and see if you can make a better deal for yourself. You can always use a "another identity" to make a new contact.   Car_man may have other suggestions.
#617 of 1013 HELP! DEALER QUESTIONED! by tanchild Oct 17, 2008 (8:36 am)
I brought my 2001 Jetta (108,000) miled in to replace coolant temp. sensor. My service engine light was flashing. The service advisor called me up and said, "bad news" your Jetta has engine problems and internal motor problems, prob. rings but need to check further." He said it would be over 5 g to fix and that it would not be worth it. He refered me to sales and they further said I know you are in a desperate situation and we will give you 3,000 for the car and the following if you want to lease...   He said the MSRP for a new JETTA SE is 21869. He offered me the following lease and will not budge on the numbers. 278 a month for 39 month lease 282 for a 36 month lease this is with my 3,000 ("broken" car)   I said to come down on the numbers and he said he would not and he was trying to help me out.   Today I went and got my car out of service and it had to be jumped to start b/c it needs a new battery but other than that it ran fine and the service engine light was not blinking.   Should I give in to the price or wait? Or replace the battery and shop around and hope that another dealer will offer me 3,000 for my car?   PLEASE ADVISE!!!!!! Replies to this message: jessy1 (Oct 28, 2008 6:01 am)
#618 of 1013 2008 Jetta Wolfsburg Quote - Is this a good deal? by ctaloi Oct 18, 2008 (1:00 pm)
Hello, I was quoted the following on a 2008 VW Jetta Wolfsburg and am wondering if it's a good deal.   MSRP $22,950.00 Sale Price (Cap Cost) $22,488.00 Down Payment / Cap Cost Reduction $0.00 Term 36 Money Factor 0.00107 Residual % 59% Local Sales Tax 8.00% Acq/Bank Fee $575.00 Doc Fee / DMV Fee / tire fee $217.50   Due at signing - $1,165.96 (includes first month payment and fees) Monthly Payment - $287.09 Monthly Payment w/tax - $310.06   Edmund's shows the following: MSRP w/options - $23,075 Invoice w/options - $21,830 TMV w/options - $22,344   My sale price is $22,488 - which shows $658 over invoice   Thanks! Replies to this message: johndude (Oct 18, 2008 2:20 pm) ctaloi (Oct 18, 2008 3:21 pm) rhett78 (Oct 19, 2008 1:34 pm) jgirl6 (Oct 24, 2008 9:04 am)
#619 of 1013 Re: 2008 Jetta Wolfsburg Quote - Is this a good deal? [ctaloi] by johndude Oct 18, 2008 (2:20 pm)
Replying to: ctaloi (Oct 18, 2008 1:00 pm) That is an awful deal!! We are heading for a depression, the dealer should be giving it to you WAY BELOW the invoice price period! We bought a new 2008 exactly the one you are looking at for $21,500 and with a special rate of 2.9% for 48 month loan. That was 5 months ago. If I were to do it now, I would not pay over MAYBE $19,000 or I would wait a few months and offer $15,000 (if the dealer is still in business that is). The economy is going to get allot worse. I suggest you buy a used TDI and convert it to vegi oil or better yet convert to using alchol and distill your own, I am 100% serious!! Good Luck!! Also, do not put one penny down, not one, especially if you are leasing..that just goes into the sales guys pockets!!! Replies to this message: ctaloi (Oct 18, 2008 3:21 pm) rhett78 (Oct 19, 2008 1:34 pm) jgirl6 (Oct 24, 2008 9:04 am)
#620 of 1013 Re: 2008 Jetta Wolfsburg Quote - Is this a good deal? [johndude] by ctaloi Oct 18, 2008 (3:21 pm)
Replying to: johndude (Oct 18, 2008 2:20 pm) Thanks for the information - I also have the following quote, which seems a bit more reasonable:   2009 - Wolfsburg MSRP $23,574 Invoice Price $22,296 Sell Price $22,400 (dealer says he's $200 below invoice, but I'm not seeing that here) Term 39 months MF .00318 Residual 63% Monthly $363 0 down / sign and drive   I think if we figure out what the discrepancy is on the invoice vs sell price the deal is a bit better then the first.   Thoughts? Replies to this message: rhett78 (Oct 19, 2008 1:34 pm)
#621 of 1013 Re: 2008 Jetta Wolfsburg Quote - Is this a good deal? [ctaloi] by rhett78 Oct 19, 2008 (1:34 pm)
Replying to: ctaloi (Oct 18, 2008 3:21 pm) Ctolia...Where did you get the invoice price of $22,296.00? I have not found a web site that offers invoice pricing on the Wolfsburg. Also VW charges many metro dealers a advertising fee shown only on the dealer invoice, not included on any web sites. I had been quoted a lower money factor on my lease earlier in the month, and asked another dealer why the difference in what he was quoting, and he advised that the money factor went up after the sign then drive program went into effect. Does your zero down include your tag, title and license fees? If it does then this would appear to be a pretty good deal, in my opinion.
#622 of 1013 2009 TDI lease by hlcastelo Oct 19, 2008 (5:28 pm)
I am in South Florida. I have been quoed $336 per month (before sales tax) for a 39 month lease 12,000 annual miles. CAsh outlay is $2000. Money Factor .0026. MSRP is $24,268. Residual is 62%. I see other residuals are in the ball park. The money factor may be high. Can't figure out if they have any other fees besides dealer prep. Is this monthly payment reasonable. Am told it is a standard VW offer on the TDI. Replies to this message: Car_man (Oct 20, 2008 4:47 pm) hlcastelo (Oct 21, 2008 8:04 pm) Car_man (Oct 23, 2008 3:36 pm)
#623 of 1013 2009 Jetta S lease questions by airmilt Oct 20, 2008 (7:34 am)
Hello everyone! I have a few questions. I am interested in the 2009 Jetta S. I was at the dealer this w/e and they told me it does not have the leather option. When I go on the VW website, I see that the option does exist. Can anyone tell me if the dealer was just trying to steer me to the SE? Thanks. Replies to this message: Car_man (Oct 20, 2008 4:55 pm) airmilt (Oct 25, 2008 8:14 am)
#624 of 1013 Re: 2009 Jetta Wolfsburg money factors [jgirl6] by Car_man HOST Oct 20, 2008 (4:37 pm)
Replying to: jgirl6 (Oct 14, 2008 6:15 pm) Hi jgirl6. Volkswagen Credit sets the money factors for vehicles, however they very by credit tier. One's credit has to be in pretty good shape to qualify for its top credit tier and therefore qualify for the best money factors. Furthermore, dealers are allowed to "mark-up" VW Credit's buy rate lease money factors to add additional, hidden back-end profit to deals. VW Credit's current buy rate lease money factor for a 36 month lease of a 2009 Jetta Wolfsburg Sedan is an unattractive .00300.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: jgirl6 (Oct 20, 2008 5:09 pm)
#625 of 1013 Re: 2009 Jetta Wolfsburg money factors [jgirl6] by Car_man HOST Oct 20, 2008 (4:40 pm)
Replying to: jgirl6 (Oct 14, 2008 6:21 pm) Yes, jgirl6, VW Credit's money factors do vary by model. The Wolfsburg's money factor is currently the highest (worst) of all '09 Jetta models.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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