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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

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


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#698 of 1013
Re: Jetta S Auto Lease Opinions [kshankar] by atsenb
Dec 11, 2008 (2:01 pm)
Reply

Replying to: kshankar (Dec 04, 2008 8:54 am)

I agree that 0.00273x2400 = 6.55% for an interest rate is high, but if you can get the car for $1000 less than before, you are effectively getting a 4.3% interest (set the Excel model to goal seek to get the number).
 
So while I agree that 6%+ is high for financing rate, and if you can finance it at 0% apr, by all means, go for it. The manufacturer (and the consumer) should be indifferent to how the incentive comes along (whether it be lower money factors or lower sales price) as long as the dealers are willing to pass along that saving (I think this is the key part).
#699 of 1013
Re: leasing Jetta S manual in NY area [bisdamonl] by atsenb
Dec 11, 2008 (2:04 pm)
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Replying to: bisdamonl (Dec 08, 2008 8:08 am)

Thanks bisdamonl for your reply.
 
Can you confirm that your final negotiated price of $20,000 is AFTER the loyalty incentive? If it is, it would be a bit discouraging as I was hoping to get the dealers to at or below invoice, then asking for the loyalty incentive.
 
I am fairly certain there is still a $500 incentive for manual transmission as well.
 
Thanks,
#700 of 1013
by polyvw
Dec 11, 2008 (4:09 pm)
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Can someone let me know the current incentives for the 2009 Jetta Wolfsburg 2.0t?
 
I currently own a 2007 Jetta GLI so I would be elibile for any loyalty rebates, I also graduated college in July 2007 so do I also get any grad deals? I didnt use one on the 07 purchase.
 
I'm looking at a 3yr 15k/yr lease
#701 of 1013
Re: leasing Jetta S manual in NY area [atsenb] by bisdamonl
Dec 12, 2008 (9:32 am)
Reply

Replying to: atsenb (Dec 11, 2008 2:04 pm)

The negotiated price was before the loyalty incentive.
 
I'll also let you know what I had to do to get them down that far. The first dealer I went to is where I ended up, but after I received their initial higher offer, I took that to another dealer. I spent almost a week in negotiations with the second dealer for the car that was closest to what I wanted, which happened to be a couple thousand less than the car I picked out at the first dealership. That second dealership employed several shady and underhanded tactics so I really didn't want to do business with them. I took that offer to the original dealer and told them I got the deal I needed from the other dealer, but they (the first dealer) had the car I wanted. Basically, I said this is what I want to pay for the car I want, make it happen. And they came damn close and that was good enough for me.
#702 of 1013
deciding this weekend: 09 Jetta WE by steavos
Dec 12, 2008 (4:30 pm)
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After tons of research and test drives (S40, 9-3, A3, Mazda3, WRX, Accord, Mini Clubman, etc.) I'm making a decision this weekend on the new Jetta Wolfsburg, so I'd like the advice of anyone offering it. I'm a small business owner, so because of tax benefits I've decided on a lease. It all shakes down to this:
 
2009 Jetta WE, stick
36mo/12k/ZERO down
$335 per month
 
Anyone? I'm also getting a good deal on my trade-in, and I've negotiated this pretty hard - let me know what you think. Also, I live in Delaware. Thx.
#703 of 1013
Re: deciding this weekend: 09 Jetta WE [steavos] by cascadejim
Dec 13, 2008 (10:07 pm)
Reply

Replying to: steavos (Dec 12, 2008 4:30 pm)

Well I don't know what your residual is or the specific details of lease, but that sounds pretty good. What is the negotiated sale price for the car? I bought my 2009 WE (manual) about 3 weeks ago now for $20,530 and the lease prices worked out to be about $40-$50/month cheaper than buying the car (so I purchased instead, payments over 5 years FYI) and my payments are around $380 (I can't remember off-hand and haven't had my first bill yet).
 
After having it 3 weeks I still feel it's easily the best value in it's class for the features you get. The only issue i have is the stereo is very "trebley" if that's a word.
 
I actually found that dealers were more willing to work on prices of automatics because apparently only 10% of the WE's are manuals (there's really no way I could find to verify this) and they actually offered me $100 less than that for an automatic, but I prefer manual.
#704 of 1013
New VW leaser by nslawrence
Dec 14, 2008 (6:01 am)
Reply
Hi, I am in Miami, FL and planning to lease a VW Jetta, either S or SE , in the next week. First question: other than the sunroof and V-tex seats, is there a real difference between the two model's? Also, the numbers they brought back to me were around $300 p. (39m, 12K p/y) for the S and about $20 more ($320) for the SE. I want to know if this is a good deal or am I getting ripped off. The VW website shows the S at $269 p/m + tax, tag, dealer fees etc. Can I ask them to waive the dealer fees? Basically I want to know if $300 for this lease is a good deal or should i walk away?
#705 of 1013
Re: New VW leaser [nslawrence] by jessy1
Dec 14, 2008 (9:27 am)
Reply

Replying to: nslawrence (Dec 14, 2008 6:01 am)

Hi,
I leased an SE for 275.00 a month a few weeks ago, $500 down full ( I think all but $100 of that were registration fees). I did a lot of haggling , I feel like it an ok deal. In this enviornment, I would really try to get them below 300. I have 12k per yr, 39 months.
For me, the S is not worth it. The wheels look cheap and there is no satellite radio. The SE is better. Keep in mind before this I had an SEL ( it was a package 3 in 2006) with real leather and NAV so I couldn't give up that much and drop to an S.
Even though its a pain always always got to at least 2 dealers. Call one and try bluffing. Maybe say, " someone else is telling me 295 but if you can do 280, I will buy from you.."
Keep us posted! By the way I am in the Boston area.
#706 of 1013
Re: Done Deal - 2009 Jetta Wolfsburg purchase [cascadejim] by Car_man HOST
Dec 14, 2008 (3:47 pm)
Reply

Replying to: cascadejim (Nov 22, 2008 11:09 pm)

Thanks for taking the time to share the details of your deal with everyone. If this is not a lease, and it does not appear to be, you can always post the details over in the "Volkswagen Jetta Prices Paid and Buying Experience" discussion. Also, don't forget to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience. Thanks again and enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#707 of 1013
Re: [polyvw] by Car_man HOST
Dec 14, 2008 (3:59 pm)
Reply

Replying to: polyvw (Dec 11, 2008 4:09 pm)

Hi polyvw. Volkswagen's lease program for the Jetta Wolfsburg is not very attractive right now. If you were to lease one through VW Credit in December for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value would be .00300 and 61%, respectively.
 
Volkswagen is waiving the first month's payment and security deposit on all Jetta leases this month. I believe, but I'm not 100% positive, that the Wolfsburg qualifies for this offer.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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