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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

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


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#651 of 1005
Re: Current lease rates on '09 Jetta Wolf Manual? [Car_man] by jgirl6
Oct 29, 2008 (8:52 am)
Reply

Replying to: Car_man (Oct 29, 2008 3:33 am)

Car_Man
On the 2009, manual, Wolfsburg lease
 
The Long Island, NY dealerships for the most part quoted me;
MSRP 22,673.00, Invoice 21,600.00, Residual 14,510.72
MF .00318 (sign & drive), 12k/year 39 months
With 2k down, and I found out I only qualify for a B tier rate
(what is the B tier rate? my credit score is 685)
Payments +/- 321/month
 
I need to be at +/- 300/month, and have no additional $ to put down
 
There seems to be $1,000 between me and the car and the dealers do not want budge. They say the have no money in the car to do this.
 
Am I being unreasonable in looking for this?
(also the car comes with the wing spoiler & mat kit, which i do not even want)
 
Help
#652 of 1005
Re: Current lease rates on '09 Jetta SE Manual? [Car_man] by hlcastelo
Oct 30, 2008 (5:38 am)
Reply

Replying to: Car_man (Oct 28, 2008 3:30 am)

This past weekend I lease a manual TDI with optional equipment 36 mos, 15k miles for about $30 less per month than VW's rate. Down payment was $550. Lease is carried by a local branch bank. It may be that VW rates are more competitive with the non-TDI models. For TDI their money factor is too high. Although my lease is 3 mos. less than VW's program I did get 3000 extra miles a year from the standard VW lease. Lesson here is inquire about local bank financing as an option.
#653 of 1005
09 Jetta SE Lease by intelman
Nov 02, 2008 (3:48 pm)
Reply
I leased for 39 mos, $1999 cap cost reduction. 12,000 mi/yr. Residual is 61 %. Payment is less than $300. 1st month payment by VW.
 
After driving the car for 3 days, I really like it. My first fillup got 26 mpg. The front seats are very comfortable. I like the upgrades over the S version including sunroof, leather seats, leather steering wheel, and 6 CD / Sirius Stereo System. I have the 6 speed tiptronic automatic transmission. Dealer is Hatfield in Columbus, OH.
#654 of 1005
Re: Current lease rates on '09 Jetta SE Manual? [jgirl6] by Car_man HOST
Nov 02, 2008 (5:52 pm)
Reply

Replying to: jgirl6 (Oct 29, 2008 8:36 am)

Hi jgirl6. The dealership is the intermediary between you and Volkswagen Credit. If the current dealer says that you don't qualify for VW Credit's top credit tier, you probably don't, but it probably wouldn't hurt to comparison shop with another dealer to see if there is anything that they can do for you.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#655 of 1005
Re: Current lease rates on '09 Jetta Wolf Manual? [jgirl6] by Car_man HOST
Nov 02, 2008 (5:56 pm)
Reply

Replying to: jgirl6 (Oct 29, 2008 8:52 am)

Hey jgirl6. See my previous post about credit tiers. As far as this lease goes, you mentioned this car's MSRP and dealer invoice price, but never its selling price. Are you getting this car at invoice? The lower its selling price is, the lower your monthly payment will be.
 
Have you tried comparison shopping with another dealer or two?
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#656 of 1005
Re: Current lease rates on '09 Jetta SE Manual? [hlcastelo] by Car_man HOST
Nov 02, 2008 (5:59 pm)
Reply

Replying to: hlcastelo (Oct 30, 2008 5:38 am)

Thanks for sharing, hlcastelo. I'm not surprised that you were able to get a better lease on the Jetta TDI that you are interested in by leasing through an independent bank. As has been mentioned here, VW Credit's current money factor for it is not great.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#657 of 1005
Re: 09 Jetta SE Lease [intelman] by Car_man HOST
Nov 02, 2008 (6:03 pm)
Reply

Replying to: intelman (Nov 02, 2008 3:48 pm)

Congratulations on getting your new Jetta, intelman. Thanks for taking the time to share the details of your lease with everyone. If you'd like, you can hop on over to the Dealer Ratings & Reviews of Edmunds.com to share your thoughts on your recent dealer experience as well. Enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#658 of 1005
Re: Current lease rates on '09 Jetta Wolf Manual? [Car_man] by rhett78
Nov 04, 2008 (5:38 pm)
Reply

Replying to: Car_man (Nov 02, 2008 5:56 pm)

Car_Man do you have any updated information on the November Residuals and Money Factors for the Jetta Wolfsburg automatic's?
 
Many Thanks for all your input to the forums.
#659 of 1005
Re: Current lease rates on '09 Jetta Wolf Manual? [rhett78] by Car_man HOST
Nov 04, 2008 (8:31 pm)
Reply

Replying to: rhett78 (Nov 04, 2008 5:38 pm)

You're very welcome, rhett78. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Jetta Wolfsburg Sedan with 15,000 miles per year are .00312 and 61%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#660 of 1005
Re: Current lease rates on '09 Jetta Wolf Manual? [Car_man] by jayrider
Nov 05, 2008 (7:02 am)
Reply

Replying to: Car_man (Nov 04, 2008 8:31 pm)

Car man ---- On a scale from 1-10 [10 best], rate these lease factors.

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