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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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#719 of 1005
Re: wish my lease was up... [ral2167] by atsenb
Dec 22, 2008 (4:22 pm)
Reply

Replying to: ral2167 (Dec 22, 2008 6:38 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 1005
by dieseldan9
Dec 22, 2008 (8:23 pm)
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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 1005
picked up my Jetta S Manual by atsenb
Dec 30, 2008 (12:20 pm)
Reply
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 1005
Re: CAR GUY [dieseldan9] by Car_man HOST
Dec 31, 2008 (3:42 am)
Reply

Replying to: dieseldan9 (Dec 22, 2008 2:19 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 1005
Re: picked up my Jetta S Manual [atsenb] by Car_man HOST
Dec 31, 2008 (3:45 am)
Reply

Replying to: atsenb (Dec 30, 2008 12:20 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 1005
Am I getting a good deal? by TheGhengis
Dec 31, 2008 (10:18 pm)
Reply
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 1005
Re: Am I getting a good deal? [TheGhengis] by ral2167
Jan 01, 2009 (7:05 am)
Reply

Replying to: TheGhengis (Dec 31, 2008 10:18 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.
#726 of 1005
Re: Am I getting a good deal? [ral2167] by polyvw
Jan 02, 2009 (7:27 pm)
Reply

Replying to: ral2167 (Jan 01, 2009 7:05 am)

Have the lease rates changed for the new month/year?
 
Looking for 3 yr / 12k on a Jetta WE
#727 of 1005
09 SE man by renssny
Jan 03, 2009 (2:36 pm)
Reply
I was quoted a 317/mo. for a 09 Jetta SE 5 speed with 15,000 mi/yr for 39 months. No money down.
 
Is this a good deal, or should I continue looking?
 
I live in upstate NY if that helps.
 
Thanks.
#728 of 1005
Re: Am I getting a good deal? [TheGhengis] by atsenb
Jan 07, 2009 (9:51 am)
Reply

Replying to: TheGhengis (Dec 31, 2008 10:18 pm)

That sounds like an amazing deal actually. The sunroof and alloys adds about $2000 on invoice. I ended up getting $245/month with no money down (taxes, TTL & acquisition fees, everything rolled in). If you are getting a true sign-then-drive, you are effectively getting about:
 
$1500 (what I got) below invoice
+ $500 (approximately the amount from $245 ->$230/month)
+$2000 (in options - ~$1200 for alloy rims, and ~$800 for sunroof)
= $4000 below invoice...
 
If you can get that deal, I would jump on that in a second...
 
Btw, have been driving the car for about 1 week so far. I am quite pleased with it. The handling is still superior to a Civic (I didn't test drive the Si), Altima, and Mazda 3i. The shock absorption is definitely inferior to the A4. The pick up in speed is similar to the A4 (less torque, but with a manual transmission, it's "MY MODE" all the time as opposed having to shift to "sports mode" )
 
Overall, quite happy with the purchase decision and very happy with the purchase at Big Apple VW in NY (Bronx area).

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