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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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Replying to: cascadejim (Nov 13, 2008 9:29 pm)
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Replying to: jetta_girl (Nov 13, 2008 9:43 pm) MSRP - $23,769 Residual value - 60% = 14,261 Money Factor = .00273 Capatilized Cost (final sale price) = $22,500 (let's assume you negotiate to near invoice at $22,500) Cost over life of lease (final sale price - residual value) = $8239 Divided by 39 months = $211.25/month Lease cost (APR/Money factor) this is MSRP plus residual value multiplied by money factor = $101.03/month Brings lease cost to $312.28/month Factor in taxes of 9.25% ($312.28 * 1.0925) Total price $340.38/mth Hope this helps. |
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Do we have any dealers on board here who know what the buy rate is for a 60 month purchase of a 09 Jetta through VW Financial? I know the program rates but I don't want to get taken to the cleaners if I can negotiate the rate down .5-1%. I don't mind the salesman making some cash off of me, I just hate paying for back end proffit when they do nothing to earn it. Thanks for your help.
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Replying to: jetta_girl (Nov 13, 2008 9:21 pm) PS: 6.5% money factor for a lease is ridiculously high. I would buy it. You could probably get a loan for $22,500 6 years for $370 a month. Buyout after 3 years would be about $12,000. Trade-in value, assuming you took care of it, would be at least $13,000 maybe more. With your situation of trading in another lease it does get complicated. |
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Replying to: jetta_girl (Nov 13, 2008 9:43 pm)
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Replying to: indianajohns (Nov 15, 2008 7:28 am) |
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The buyout on my lease right now is just over $12k (that is including the 3 payments I have left). It is a 2005 CRV EX, good condition, just your typical wear and tear. Just hit 40k miles this month. My payments are $377 inc tax. The dealer that offered the original deal in this thread, pissed me off, and I walked away. I now have another dealer that I have recently started talking with. I asked about prices on 2008/2009 Jetta SEL. Of course he is pushing towards the 2009. He has also suggested the Wolfsburg edition, but I really don't know the specifics on that car. It sounds more powerful than the SEL and seems like it might have a few more bells and whistles, but shows about $1500 less than the SEL....Soo..What's the catch? Does it require premium gas? I really appreciate all the advice! Thanks.
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Replying to: macrodarden (Nov 15, 2008 5:40 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jetta_girl (Nov 20, 2008 6:55 pm)
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Replying to: brendanm14 (Nov 21, 2008 12:31 pm) Hope this helps. I'd be happy to refer people if needed. Carman, should this be posted elsewhere?
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