- #95 of 1016
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Carman, info please
by upndwn
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May 18, 2006 (10:21 am)
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Would you please provide me with the money factors and residuals for the VW Jetta 2.0, GLI and GTI for the balance of May for 24/mos and 36/mos with 15,000 miles per year.
There is some 12,000 miles info and I know they charge $0.15/mile over allowance. So, I am interested to know if the extra 3,000 miles are cheaper if they are built into the lease.
Thanks.
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- #96 of 1016
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Re: Volkswagen Jetta: Lease Questions [Car_man]
by jettacheck
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May 18, 2006 (12:34 pm)
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Replying to: Car_man (Aug 31, 2005 4:30 pm)
Hi Car_man - I am going for the jetta lease offer detailed below. We really need the care for only 2 years. Are we getting a good deal? What are the key questions that I should be asking (e.g. tear and wear, mechanical problems, if the car was hit...who would pay....etc.). Would greatly appecitae any feedback as I have never leased before.
of $209/month with 2006 Jetta Value Edition with Manual Transmission
24-month lease
$1,954 due at signing
(excluding license, tax, options and dealer fees)
**US cars only. $209 first month's payment, $1,170 down payment, and $575 acquisition fee due at lease inception. Monthly payments total $5,016. Based on MSRP of $18,530 for a 2006 Jetta Value Edition Sedan with manual transmission, excluding title, taxes, options and dealer charges. Closed-end lease offered to highest qualified customers by Volkswagen Credit through participating dealers. Supplies limited. Offer ends May 31, 2006. Requires dealer contribution of $939.39, which could affect final negotiated transaction. Lessee responsible for insurance. At lease end lessees responsible for $0.15/mile over 24,000 miles and for damage and excessive wear. Additional charges may apply at lease end. Purchase option at lease end for $12,229.80. Dealer sets actual prices. See your Volkswagen dealer for details.
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- #97 of 1016
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Re: Carman, info please [upndwn]
by upndwn
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May 27, 2006 (8:13 am)
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Replying to: upndwn (May 18, 2006 10:21 am)
I guess I'd better ask you to please give me the 6/06 numbers, too.
Jetta 2.0, GLI and GTI
24 and 36 mos.
15,000 miles/year
and if the over miles charge is $0.15/mile, is the charge more or less that the difference between a 12,000 and 15,000/year figure?
Thanks.
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- #98 of 1016
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CarMan: Help
by burnsey
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May 31, 2006 (11:45 am)
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Hey Carman -
Am I getting a good deal?
Should I lease for 24 months or 36?
I have a quote from a local VW dealership on a Jetta GLI, pkg2 with Auto box. He has quoted a sale price of $25907 with drive off fees only.
36 month lease - Lease factor 0.00119, Monthly $356, Residual 0.54
24 month lease - Lease factor 0.00061, Monthly $366, Residual 0.64
Thanks!!!!
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- #99 of 1016
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Re: CarMan: Help [burnsey]
by qbrozen
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May 31, 2006 (4:46 pm)
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Replying to: burnsey (May 31, 2006 11:45 am)
i would easily choose the 2-year deal for only $10 more per month.
Of course, that's because I like to switch cars. If you are just looking for transportation, you may not want to pay drive-off fees again only 2 years from now.
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- #100 of 1016
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Re: Jetta GLI Numbers for May [tommyg12]
by Car_man HOST
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Jun 04, 2006 (8:06 am)
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Replying to: tommyg12 (May 02, 2006 6:14 am)
Hi tommyg12. If you were to lease a 2006 Volkswagen Jetta GLI through VW Credit right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00119 and 52%, respectively. The numbers for an otherwise identical 48 month lease should be .00170 and 46%. When negotiating your lease on this car, keep in mind that Volkswagen is providing a $500 bonus on leases of it though VW Credit right now.
Car_man
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- #101 of 1016
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Re: Jetta Lease [gassy1cars]
by Car_man HOST
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Jun 04, 2006 (8:13 am)
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Replying to: gassy1cars (May 11, 2006 6:11 pm)
Welcome back gassy1cars. If you were to lease a 2006 Volkswagen Jetta 2.5 through VW Credit right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00116 and 53%, respectively. The numbers for an otherwise identical 48 month lease should be .00168 and 47%. I am not personally all that familiar with how much others have paid for this car lately, but I suspect that if you are in an area that has a decent amount of competition that you would be able to get one for a couple hundred dollars over dealer invoice before the deduction of any incentives. Volkswagen is currently providing a $750 bonus on leases of this car through VW Credit. For additional feedback on how much you should pay, stop by the following discussion: "Volkswagen Jetta: Prices Paid & Buying Experience".
VW Credit charges an acquisition fee of $575 on leases.
Car_man
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- #102 of 1016
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Re: Jetta Lease [gassy1cars]
by Car_man HOST
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Jun 04, 2006 (8:18 am)
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Replying to: gassy1cars (May 12, 2006 2:55 pm)
Hey gassy1cars. Dealer invoice is a good price for this car. Furthermore, the lease money factor that you were quoted for it is in line with VW Credit's current buy rate. Having said this, I estimate that this car's zero down, pre-tax monthly payment should be around $318 with the payment of a security deposit and $324 with the deposit waived. I would want to know why these numbers are different than the payment that you were quoted if I was in your situation.
Car_man
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- #103 of 1016
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Re: TDI [qbrozen]
by Car_man HOST
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Jun 04, 2006 (8:24 am)
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Replying to: qbrozen (May 13, 2006 5:58 pm)
You're absolutely right, qbrozen. Volkswagen's lease program for the Jetta TDI is not very attractive right now. This makes sense, given the increased demand for diesel vehicles now that gas prices are approaching $3.00 a gallon again. If you want a Jetta TDI, you would be better off financing or paying cash for it.
Car_man
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- #104 of 1016
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Re: Carman, info please [upndwn]
by Car_man HOST
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Jun 04, 2006 (8:30 am)
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Replying to: upndwn (May 18, 2006 10:21 am)
Hi upndwn. If you were to lease a 2006 Volkswagen Jetta 2.0T through VW Credit right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00042 and 60%, respectively. The numbers for an otherwise identical lease of an '06 Jetta GLI should be .00061 and 62%. Lastly, the numbers for an otherwise identical lease of an '06 GTI 1.8T should be .00140 and 60%. The 36 month numbers for these cars are .00107 / 52% for the Jetta 2.0T, .00119 / 52% for the GLI, and .00140 / 52% for the GTI 1.8T. If you were to lease with only 12,000 miles per year, these cars' residual values would be 2% higher.
Car_man
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