Volkswagen Jetta: Lease Questions

1593 messages,  Last post on Jun 19, 2013 at 2:14 PM

You are in the Volkswagen Jetta Forum.

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

#1452 of 1593 Jetta Sportwagen Lease Question by soslo88

Jun 26, 2012 (4:53 am)

Hello, Car Man,
 
Perhaps you could help with a couple of questions on a lease.
I am looking to possibly lease a 2012 Jetta Sportwagen S, manual. The price offered by the dealer is 19,600.
I am looking for a 36 month, 12k a year lease. According to the website, VW Credit is offering a 1999 down, $239 month lease "deal" on this vehicle. According to the fine print, "Monthly payments total $8,604. No security deposit required. Requires dealer contribution of $800, which could affect final negotiated transaction. Purchase option at lease end for $10,832.50. "
This offer, I assume, is contingent on paying full price for the vehicle, and not on the negotiated price?
 
My question is: would the $800 "dealer contribution" lower the 19,600 price to 18,800?
Also, what is the money factor on this offer?
 
Thanks in advance

#1453 of 1593 Re: Jetta Sportwagen Lease Question [soslo88] by Car_man HOST

Jun 26, 2012 (3:14 pm)

Replying to: soslo88 (Jun 26, 2012 4:53 am)
I'd be happy to help you out soslo88. Most manufacturers' official advertised lease payments assume that the lessee is being given at least some discount off of MSRP. While I don't know the specific numbers for the Jetta lease that you mentioned, I suspect that is the case here as well. Having said that, savvy consumers who are in an area that has a decent level of competition are usually able to beat the selling prices that were used to calculate manufacturers' advertised payments. If I was in the market for a Jetta Sportwagen right now, I personally would shoot for a selling price of around a couple hundred dollars over dealer invoice minus the $500 cash incentive that is available on leases of it.
 
VW Credit's buy rate lease money factor for a 36-month lease of a 2012 Jetta Sportwagen S is an extremely attractive .00005 for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1454 of 1593 Decent Deal on a 2012 Jetta SE w/ Conv? by dudley07

Jun 27, 2012 (9:42 am)

Hi -
 
I am in Northern NJ and have requested a quote from several dealers here in northern NJ and NYC for a Jetta SE automatic with Convenience.
 
The best price I got for a 12K per year, no money down (and all fees rolled into monthly lease price) was $259. This particular dealer told me that his offer is based on a sticker of $20260
which he said is $838 under invoice.
 
Is this a good deal?
 
Thanks,
Dudley

#1455 of 1593 Looking to Lease a Jetta S, money factor? by jettrue

Jun 29, 2012 (10:56 am)

Hi, I'm looking for the money factor and residual value on 15K miles 36 month lease of a Jetta Sedan S (manual transmission).
 
Also, if I'm understanding correctly, you should generally be able to negotiate to around the "True market value", vs. paying MSRP for a lease, as they'd like you to believe?

#1456 of 1593 Jetta tdi by cwy1688

Jul 04, 2012 (6:23 am)

Hey carman can I get the July money factor and residual for 2012 jetta tdi? Thank you in advance.

#1457 of 1593 1st Time Lease by xian5681

Jul 07, 2012 (9:28 pm)

Hi !
 
Looking to lease my first car and looking at Jetta SE with Conv and Sunroof. Will have a trade in of $2000.
 
What should my numbers be at? Im in Socal
 
Monthly Payment?
Money Factor?
Residual?
Anything Else?
 
Thanks in advance for your help.

#1458 of 1593 Re: Decent Deal on a 2012 Jetta SE w/ Conv? [dudley07] by Car_man HOST

Jul 08, 2012 (1:56 pm)

Replying to: dudley07 (Jun 27, 2012 9:42 am)
Hi Dudley. A selling price of eight hundred and change under dealer invoice is an excellent price for this car. Just make sure that the dealer uses its buy rate lease money factor of .00001 (that's as low as it gets) to calculate your payment and you're in business.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1459 of 1593 Re: Looking to Lease a Jetta S, money factor? [jettrue] by Car_man HOST

Jul 08, 2012 (2:01 pm)

Replying to: jettrue (Jun 29, 2012 10:56 am)
Greetings jettrue. Here's the information that you're looking for. Volkswagen Credit's current buy rate lease money factor and residual value for a 36-month lease of a Jetta Sedan S with a manual transmission and 15,000 miles per year are .00010 and 50%, respectively for consumers who qualify for its top credit tier.
 
Volkswagen is currently providing a $1,000 cash incentive on leases of this car.
 
If I was in the market for a Jetta right now, I personally would shoot for a selling price of a couple hundred dollars over dealer invoice price minus the available cash incentive.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1460 of 1593 Re: Jetta tdi [cwy1688] by Car_man HOST

Jul 08, 2012 (2:03 pm)

Replying to: cwy1688 (Jul 04, 2012 6:23 am)
Here you go cwy1688. Volkswagen Credit's buy rate lease money factor and residual value for a 36-month lease of a 2012 Jetta Sedan TDI with 15,000 miles per year are .00161 and 54%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1461 of 1593 Re: 1st Time Lease [xian5681] by Car_man HOST

Jul 08, 2012 (2:06 pm)

Replying to: xian5681 (Jul 07, 2012 9:28 pm)
Hi xian5681. This car's lease payment will depend upon what its MSRP and selling price are. Let me know what the MSRP and invoice price are for the exact model that you want and I'll work up a payment on it for you. You can find this pricing data over in the New Vehicle Pricing section of Edmunds.com.
 
For now I can tell you that VW Credit's July buy rate lease money factor and residual value for a 36-month lease of a 2012 Jetta Sedan SE with Conv, Sunroor and 15,000 miles per year are .00001 and 50%, respectively for consumers who qualify for its top credit tier.
 
Volkswagen is providing a $750 cash incentive on leases of this car right now.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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