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Volkswagen Jetta Lease Questions

1578 messages,  Last post on May 20, 2013 at 1:03 PM

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

Messages Page 73 of 159

#716 of 1578 Re: [erzeszut] by atsenb

Dec 21, 2008 (10:55 am)

Replying to: erzeszut (Dec 18, 2008 3:46 pm)
The 0.00273 is pretty lousy rate, (6.55%), but I suppose if you can get the dealer to go below invoice, it may make it somewhat worthwhile.
 
I finalized the deal with a dealership on a 2009 Jetta S manual transmission with 0 money down (everything rolled into the monthly pmt) for $245/month or about $1150 below Edmund's listed invoice + destination.
 
When I was calling VW Credit and asking them questions on returning my 07 Audi A4, they told me that they are offering people incentives (in terms of Visa Gift cards) to people that are looking to buy-out their leases, so you should definitely check on your 2006 Passat.
 
Keep in mind that there are some incentives out there for the Passat and GTIs (owners loyalty) of $500 or more. VW had that incentive on the Jettas last month (I was going to have my friend also on the registration since he just bought a Passat, so I can get the loyalty cashback), but pulled that loyalty cash for Jetta in December.
 
As with any promotions, things may get better or worse, but the deal now is fairly attractive.

#717 of 1578 CAR GUY by dieseldan9

Dec 22, 2008 (3:19 am)

Replying to: atsenb (Dec 21, 2008 10:55 am)
Greetings VW world,
 
I am in the market for a 09 VW jetta S Auto with the 450 option of 16 alloys OR a 2009 jetta SE Auto. I have been emailing all my area dealers for the best price possible. I have recieved a email from a local dealer stating 1,500 BELOW invoice, I am still confirming this to make sure there is no hidden print. According to my figures these are the prices I am going to show the dealer this week.
 
2009 Jetta S auto 17,343 with dest 16,695 no dest.
 
2009 Jetta SE auto 18,040 with dest 17,390 no dest.
 
What I am interested in is what is the money factor and residual on both the S and SE for 36 months and 10k a year. My credit is in the low 700s when I leased my MDX with honda I was preffered NOT super preffered but that was 2006 and have not tried to run my credit since.
 
Thank you for your time,
Danny

#718 of 1578 wish my lease was up... by ral2167

Dec 22, 2008 (7:38 am)

lease is up in june on an 06 jetta-- wonder if i could lease an 09 at these prices without taking too much of a hit.

#719 of 1578 Re: wish my lease was up... [ral2167] by atsenb

Dec 22, 2008 (5:22 pm)

Replying to: ral2167 (Dec 22, 2008 7:38 am)
ral2167 - I think some locales may have pull-ahead programs. I don't recall exactly how many months they'll pull ahead your lease, but I think it is 3 months if I recall correctly.
 
On those specific occasions when the VW Credit offers pull-ahead, you will actually benefit from turning the lease in early because you effectively end your lease early.
 
Be very careful about dealers that tells you that they can take your car in early even without any special offers from the manufacturers or Credit Divisions of the manufacturer. When they do take your car in early, they frequently work the extra payments (say you have $300/month payment, 4 payments left) of $1200 into the total price of the purchase so you would not really see too much different on the monthly payment amount. But in reality, you are effectively paying for the remaining payments of the current lease without using up the car! You end up paying for something you never use, which would really make the overall cost higher by $1200 on your new vehicle. But then again, if you must drive the new vehicle that bad, maybe the $1200 is worth it.

#720 of 1578 by dieseldan9

Dec 22, 2008 (9:23 pm)

Well I have to say the money factor of .00300 is terrible i am also looking at the civic and tier 1 MF is .00178 and tier 2 .00255 which combined with a price of 17,100 for the LX-S makes it a better deal than the jetta
 
I still want the jetta but i am pretty much stuck at 17,900 for a S auto with 16" wheels and mat kit.

#721 of 1578 picked up my Jetta S Manual by atsenb

Dec 30, 2008 (1:20 pm)

Just picked up my lease this morning and turned in my 2007 Audi A4 .
 
Jetta has a pretty good engine and good pick up (manual transmission helps a lot as it is much more interactive than an automatic transmission). Good torque. The shock absorbsion is a bit worse than the A4, but handling is quite well.
 
The final negotiated price on the purchased amount is $15740 (including destination charge).
 
15740
   575 (acquisition)
   744 (sales tax for NYC)
   160 (License Title & Reg Fee)
     45 (doc fee)
     61 (waste tire recycling fee/tax on acq fee)
17325 (gross cap cost)
 
residual 11095.29 (61%, 10k/39m)
depreciation 6229.88
rent charge 3325.12
Total base pmt 9555
months 39
per month $245
 
Hope this helps.

#722 of 1578 Re: CAR GUY [dieseldan9] by Car_man HOST

Dec 31, 2008 (4:42 am)

Replying to: dieseldan9 (Dec 22, 2008 3:19 am)
Greetings Danny. $1,500 under dealer invoice is an excellent price for a leased 2009 Jetta. Here is the information on these cars' current lease programs that you're looking for.
 
Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2009 VW Jetta S Sedan with 10,000 miles per year are an unattractive .00300 and 61%, respectively. The numbers for an otherwise identical lease of an '09 Jetta SE Sedan are .00273 and 61%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#723 of 1578 Re: picked up my Jetta S Manual [atsenb] by Car_man HOST

Dec 31, 2008 (4:45 am)

Replying to: atsenb (Dec 30, 2008 1:20 pm)
Congratulations on getting your new Jetta, atsenb. I realize that it's not as nice as the A4, but for only $245 per month it is an amazing car. Thanks for taking the time to share the details of your lease with everyone. If you'd like, you can jump over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well.
 
Happy New Year and enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#724 of 1578 Am I getting a good deal? by TheGhengis

Dec 31, 2008 (11:18 pm)

Dealer says he will get me a lease on a Jetta S, 5 spd, sunroof and alloys, $230/m for 39 months, 10K/yr mileage. Sorry if I'm confused, but this is my first new car purchase, any advice/feedback would be appreciated.
 
Thanks

#725 of 1578 Re: Am I getting a good deal? [TheGhengis] by ral2167

Jan 01, 2009 (8:05 am)

Replying to: TheGhengis (Dec 31, 2008 11:18 pm)
seems high to me.
 
you need to know the msrp of the car, the selling price, the interest rate, and the residual to know if it's a good deal or not.
 
but for only 10K miles a year for a base jetta, seems high.

Messages Page 73 of 159

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