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Sedans Volkswagen Jetta Volkswagen Jetta: Lease Questions
1015 messages, Last post on Dec 05, 2009 at 8:31 PM
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A dealer in chicago advised me to get into a drivers option program on a 2010 Jetta S automatic, Sell price 19,320. 1000 down for 48 months. payment is $378. residual is 58%. And my interest rate is 9.9% becasue they say my credit is tier-3. Also they told me that i pay interest on the total sales price not just the portion I am financing. Does that make sense to anyone? I have been at 3 dealers this week and cant seem to get a deal like you guys are posting on here. PLease share what you know. |
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like i said in my previous post, i have been to 3 dealers in chicago to purchase a new jetta. on saturday, i was negotiating a demo 2009 Jetta SE with 2000 miles. MSRP was 22,500, but sales price was 20,500. Residual was 51% They would not tell me the money factor but I am tier 3 credit level Monthly payment quoted to me was $450 Am i getting scammed here? Is it because i'm a girl? what you think?
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Replying to: honeyhamms (Oct 22, 2009 10:03 pm) Yes, they are so scamming you. How are they getting a $450payment? You can get a car that is $30k for that price. You can get a Passat CC for that kind of payment. Plus, this car is a demo, your sale price looks okay, but where in the world are they getting this payment? I would have laughed so hard. Heck this is going right into Audi territory. Like an A4. If they are not willing to help you out! Don't take their crap, walk right out and go somewhere else. Get a sale price, $0 down. oops? you getting a loan on the car?
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Replying to: bvdj84 (Oct 23, 2009 5:57 am) I was told its becasue my credit is tier C and the money factor tripled. Plus I have about 1000 neg equity on my trade. But still, I thought 450 was steep and unreasonable. Let me ask you a question, when you lease, do you pay interest on the entire sales price, or just the amount you are financing? I was told the interest is applied to the entire sales price paid out over the 36 month term. So my interest would be based on $20,500 and not the $10,250 that I am financing. Casue the residual is 51%. |
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I just leased a 2010 Jetta SportWagen SE, 36 mo, 10k mile I did not have time to do a good negotiation on lease terms, so just wondering how badly they got me. I do have tier 1 credit Wound up with .00194 moneyfactor and $595 acquisition fee How much should these have been? They did tell me they could do much, much better on Jetta sedan, but this was first '10 non-tdi wagen they got in and had only been on lot for a week, which I do believe from monitoring dealer inventory in my area for the past few weeks Our negotiated price on car was $1100 lower than sticker, so I expected them to try to make some back on the lease terms, but not sure what is norm. Thanks for your insights
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Glad I waited for VW's Sign Then Drive program, but I think I might have missed out on October's cash incentives. So for November, are there any cash incentives or rebates for 2010 Jetta (any model)?
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Do you happen to have the lease numbers for both the 2010 and 2009 VW Jetta's...all trim levels if possible? Thanks.
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Hi Car_Man, Do you have the November residuals and MF for a 2010 Jetta Sportwagen TDI? 36 months, 12K/year. Thanks!
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