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Volkswagen Jetta Lease Questions

1015 messages,  Last post on Dec 05, 2009 at 8:31 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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#8 of 1015
jetta lease by theking
Sep 29, 2005 (8:17 am)
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Yes. VW credit supplies gap as part of the lease...my wife leased a 2.5 with no option packs with auto. and xm radio...$ 0 dowm ($600 on credit card at signing for first moth/sales tax and reg fees.) She pays $269 plus $13..00 for sales tax for 48k/48 mo. Do you feel she got a good deal. She leased in mid June !
#9 of 1015
Whats a good lease rate on the 05' Package #1 by bronxbombers
Sep 29, 2005 (6:54 pm)
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Im trying to negotiate a deal for a 2006 Passat but thats not going well, the dealer is pushing the 05 Jetta 2.5. We are looking at a MSRP of 24,040 , they offered it to 22,250....Im thinking this could be lower. They said the MF was 1.8% and the residual is 53% with a lease price of $317 for 12k miles year for 3 years. I think this seems pretty high compared to some other posts. Is $260 a month nothing down in the ballpark here. Any help is good help.
#10 of 1015
Re: Whats a good lease rate on the 05' Package #1 by Car_man HOST
Oct 13, 2005 (2:16 am)
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Hi bronxbombers. Sorry to hear about your team. It will be interesting to see what sort of changes good old George has in store for them this winter. Judging by the typical spread that the 2005.5 VW Jetta 2.5L has between its full MSRP and selling price and the $750 lease cash that is currently available on this car, I'd say that the price that you were quoted is right around $500 over dealer invoice. This is not a bad deal, but if dealers in your area are desperate to move their leftover inventory of Jettas you may be able to get this car for a couple hundred dollars less. VW Credit's buy rate lease money factor and residual value for a 36 month, 12,000 miles per year lease of this car are currently .00059 and 53%, respectively. This factor is equivalent to an interest rate of around 1.4%. Using these numbers and the prices that you mentioned, an MSRP of $24,040 and a selling price of $22,250, I come up with a zero down, pre-tax monthly payment of around $285. If you are able to negotiate a lower selling price, this car's payment would drop a little lower than this.
 
Car_man
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#11 of 1015
<90 Day Lease Termination by 93illini
Oct 18, 2005 (11:43 am)
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Car_man,
 
Have a Jetta coming off lease soon - not soon enough. Trying to understand financial liability if I turn in the car within 90 day of scheduled termination.
 
Urban myth is that one can turn in the vehicle and - other than exceess mileage/wear & tear and dispositon - there are no other charges. Said another way, I do not have to pay the last couple payments.
 
Sound right?
#12 of 1015
Re: <90 Day Lease Termination [93illini] by fish8
Oct 19, 2005 (10:53 am)
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Replying to: 93illini (Oct 18, 2005 11:43 am)

Unless the dealer decides to pay the last 3 months of the lease because you are buying another car from them, you will most likely be responsible to pay the remaining payments on your lease. Call the lease company (VW Credit) for specifics. I may be completely wrong.
#13 of 1015
Looking for some lease info by jetskiman
Oct 21, 2005 (12:16 pm)
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Hi Car_man,
 
I was wondering if you could help me out.
 
I would like to lease a 2006 Jetta 2.5 Value with automatic. The dealer has quoted me $200 over invoice (around $18,937 including destination). I am looking to lease it for 3 or 4 years with 10k miles per year with excellent credit. What would be the MF and residuals for these two scenarios? Thank you in advance!
#14 of 1015
Canadian Info Jetta 2.0 T by grimdeep
Oct 22, 2005 (2:28 pm)
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Hi car_man
 
Just wondering if you know any info re: Canadian lease.
 
 Looking ar the '06 Jetta 2.0 turbo with luxury leather package. Quoted at MSRP $32,375, with OTR $38500, know this is well over invoice. But given $525/mth (incl taxes) with 0 down Looking for 4 year lease know the MF and RV for canadian pricing. 20,000 km per year
 
Is Canadian and US invoive prices similar?
 
Thanks for you time.
#15 of 1015
Re: <90 Day Lease Termination by Car_man HOST
Oct 23, 2005 (7:24 am)
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Hi 93illini. I am sorry to say that even though you may be able to turn your car in to the bank that you are leasing it through 90 days prior to its scheduled termination date, you will still be liable for your final three months worth of payments. Turning your car in early does not give you the right to skip your remaining lease payments, it only saves you from having to pay insurance on a car that you are no longer interested in driving.
 
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#16 of 1015
Re: Looking for some lease info by Car_man HOST
Oct 23, 2005 (7:31 am)
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I'll see what I can do, jetskiman. According to the latest information that I have seen, if you were to lease a 2006 Volkswagen Jetta 2.5 Value Edition through VW Credit right now for 36 months with 10,000 miles per, its buy rate lease money factor and residual value should be .00174 and 59%, respectively. The numbers for an otherwise identical 48 month lease should be .00188 and 53%.
 
Car_man
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#17 of 1015
Re: Canadian Info Jetta 2.0 T by Car_man HOST
Oct 23, 2005 (7:39 am)
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Hi grimdeep. I am sorry to say that I do not follow the Canadian automotive market vary closely and am not sure what the lease program for the Jetta is currently like in your country, nor am I familiar with its pricing there. I am sorry that I could not be of more help.
 
Car_man
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