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Volkswagen Jetta Lease Questions

536 messages,  Last post on Jul 01, 2008 at 9:33 AM

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

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#85 of 536 Jetta GLI Numbers for May by tommyg12 May 02, 2006 (7:14 am)
Hi CarMan, curious about current money factors and residuals for GLI Jettas, 36 and 48 months. As always, your help is much appreciated. Replies to this message: Car_man (Jun 04, 2006 9:06 am)
#86 of 536 Jetta Lease by gassy1cars May 11, 2006 (7:11 pm)
Hi CarMan: You provided me with great information in the past and I am back for more. I am looking to lease a Jetta 2.5 with an MSRP of $24,290(AT, Pkg 1, rear side airbags and mats,spl grds). What should the discount be and what should it be consist of? Discount, factory cash, etc?) I am not a returning VW cust. What should the residuals and money factors be on a 36 mo. and 48 mo. lease for this vehicle? Should I expect to pay a mandatory acquisition fee to VW Credit and if so how much? Any other suggestions or comments in pursuing this lease? Thank you for your continued help. Replies to this message: Car_man (Jun 04, 2006 9:13 am)
#87 of 536 Jetta Lease by gassy1cars May 12, 2006 (3:55 pm)
CarMan: I need your help in analizing this specific deal. It is on a 2006 Jetta 2.0 Turbo with an MSRP of 25,080. 36 mo. 12K Mi per yr. lease with a residual of 54%. Cap Cost $23,548.(which is supposed to be the invoice amount). VW Acquisition Fee 575. Factor is .00107 (which is the lowest I've seen for a Jetta of any type). Monthly payment without tax 334. Out of pocket at inception 482.76 which is first pay't and tag transfer, etc. I took the weekend to think about it (to get your input)Thanks Replies to this message: Car_man (Jun 04, 2006 9:18 am)
#88 of 536 Re: TDI [atlgaxt] by qbrozen May 12, 2006 (8:11 pm)
Replying to: atlgaxt (Apr 27, 2006 1:30 pm) damn! i came here to ask the same question. i guess since you never received an answer, there's not point in asking, huh? Wish I knew of another place to get leasing information on the internet. Replies to this message: qbrozen (May 13, 2006 6:58 pm) Car_man (Jun 04, 2006 9:24 am)
#89 of 536 Re: TDI [qbrozen] by qbrozen May 13, 2006 (6:58 pm)
Replying to: qbrozen (May 12, 2006 8:11 pm) well, i visited the dealer this morning. They had the perfect jetta TDI for me (black on black with premium pack and manual trans), but they informed me that there are no deals to be had on the diesel. As a matter of fact, its just the opposite. The lease offer is through the roof on the TDI. I was quoted $500 per month for a 3 year plan and $1k down. That's just insane for a car with a $24k sticker. Replies to this message: Car_man (Jun 04, 2006 9:24 am)
#90 of 536 Good deal? by evgardner May 14, 2006 (7:07 am)
Hello,      I was just at a local VW dealer in NY yesterday, and was quoted $351/mo. for a 48 mo. lease on a 2006 2.0T Jetta w/ Package 2. This included $1000 on a trade in and $2800 down. Shortly after that, I called down to NC (where I'll be moving in a month or two), and was given the same quote for the same lease, but for a Package 3 w/ Navigation (also in the color i wanted!), reatailing around $31-32 g's. This is my first new car, and first time leasing. Is this a good deal for a lease, or should i try to haggle a bit more??
#91 of 536 Re: Car Man...Help....Is this a good lease deal? [sunnyg] by theking May 14, 2006 (11:45 am)
Replying to: sunnyg (Apr 21, 2006 7:05 pm) My wife leased last June a 2005.5 2.5 model..not the value package with only auto and xm on the vehicle. Nothing down with $600 due at signing (first month and reg. fees) 48mo/12k miles per year. She pays $270.00 month with an added $13.00 for Mass sales tax. Car's MSRP was $22,400 and residual is $11,300 and $350 due at end of lease...They put Aqu. fees in the 48 months of payments.
#92 of 536 Better deal by evgardner May 16, 2006 (10:40 am)
Original Message- "I was just at a local VW dealer in NY yesterday, and was quoted $351/mo. for a 48 mo. lease on a 2006 2.0T Jetta w/ Package 2. This included $1000 on a trade in and $2800 down. Shortly after that, I called down to NC (where I'll be moving in a month or two), and was given the same quote for the same lease, but for a Package 3 w/ Navigation (also in the color i wanted!), reatailing around $31-32 g's. This is my first new car, and first time leasing. Is this a good deal for a lease, or should i try to haggle a bit more?? "   I went back yesterday and did some haggling between the 2 dealers. I'm now down to $309/mo for 48mo/12000yr on the 2.0T automatic, Package 3 w/ an Ipod Adapter in Blue Graphite. THis does include 2800 down w/ a trade in on my car (which they're giving me $1000 for... and i'm extatic about that). I decided I really didnt need the extra Nav system. once again, this is my first time leasing, but does this sound like a good deal? Replies to this message: multiplechoice (May 16, 2006 9:09 pm) upndwn (May 18, 2006 11:17 am)
#93 of 536 Re: Better deal [evgardner] by multiplechoice May 16, 2006 (9:09 pm)
Replying to: evgardner (May 16, 2006 10:40 am) To get an accurate assesment of your deal, we need to know the MSRP of the vehicle, the money factor that you are being charged, the residual value of the vehicle, and the cap. cost before the down payment and trade-in. Does your payment include tax? What additional fees will be added to you drive-off cost? Last month I was able to lease a GLI with pkg 0 and automatic(DSG) at $1000 below invoice for 24 months/15K per year. The money factor for April was .00069 and the residual was 62% (if I remember correctly). Car_Man is always advising against putting any kind of down payment on a lease. If you are trading in a vehicle, just have the dealer cut you a check for the value of the trade in. Many dealers try to hide extra profit by turning your focus onto the monthy lease payment, so beware of this tactic!!
#94 of 536 Re: Better deal [evgardner] by upndwn May 18, 2006 (11:17 am)
Replying to: evgardner (May 16, 2006 10:40 am) Beware large capital cost reductions. The lease game from the consumer's view is best played with a minimum initial outlay. It is not just the difference between the interest you could earn on the $ vs. the interest you pay per the money factor. Remember, if the car is totalled insurance will get you out of the lease but the $2,800 you paid down will be lost. If the deal is $2,800 and $1,000 for the trade, it could be even worse.   The post above makes a good point. You need to run the numbers, there are articles here that will teach you the math. Otherwise, you won't get your best.   Audi and VW are conjoined and I got a deal on a 2005 A4 ~12/04 that I can't match for a GLI right now, (A4 Quatro, 6 sp, leather, spoiler, dual climate, front power seats, sunroof, 6 cd, etc., for 1st payment, taxes and plates out the door, plus $356/mos for 36 15,000 miles/year.   Knowledge and patience can make you the winner. Also, Carman. The residual values the dealer has and the money factors charged are the keys.   The stinking sales scum will hide their profit if all you are looking for is a particular monthly payment. What if the residual is manipulated and the car has wear and tear and you need to consider buying it? What if after 4 years you find the buy out is more that 55% of MSRP? My Audi has a super high residual, there is no way that I can allow myself to want to buy it at lease end. They will never sell it to anyone else at the agreed upon price. But, my deal is so good because the MF worked out to less that 1% APR and the value depreciated was agreed to be very low. (By the way, I have a "small mouth" A4 with the 1.8, the "large mouth" A4s were almost $125 a month higher as soon as they arrived at the lot. So, I got clearance prices.)   Good luck and thanks for sharing your information.

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