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Volkswagen Rabbit Lease Questions

70 messages,  Last post on Jul 16, 2008 at 2:57 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Volkswagen Rabbit, Car Leasing, Hatchback


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#5 of 70
Re: Lease on a Rabbit [legar] by v_d
Aug 20, 2006 (8:33 pm)
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Replying to: legar (Aug 20, 2006 4:07 pm)

you don't have to actually go there. Just write an e-mail to that dealer and so on.
In Canada a 5-door Rabbit with: convenience pack, alloy pack, ESP, rear side airbags, floor mats & freight it`s sold for 23.830 MSRP (that`s from a dealer)
EFF. INTEREST RATE: 5.92%
48MONTHS/80K --> $0 DOWN - $306+TAXES ($350 WITH TAXES)
             --> $2000 DOWN - $259+TAXES ($296 WITH TAXES)
            
       ON ME: $1000 DOWN WILL TAKE YOU TO $330 WITH ALL TAXES, PROBABLY.
AND RESIDUAL IS 57%
#6 of 70
Re: Lease on a Rabbit [legar] by Car_man HOST
Sep 10, 2006 (7:52 am)
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Replying to: legar (Aug 20, 2006 9:43 am)

I'd be happy to help you out, legar. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2006 Rabbit 4-Door with 12,000 miles per year are .00312 and 56%, respectively. This car's lease payment will depend upon what sort of a discount you are given on it. Always remember that the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. For now, I will work up a sample lease payment on this car, assuming a $500 discount. Let me know if you want me to use a different price. According to my calculations, a 36 month, 12,000 mile per year lease of a 2006 Volkswagen Rabbit 4-Door through VW Credit with an MSRP of $17,545 and a selling price of $17,045 would have a zero down, pre-tax monthly payment of around $276. With this deal at lease signing you would have to pay your car's first month's payment, a security deposit of $300, VW Credit's $575 acquisition fee, and any required state taxes or fees.
 
Car_man
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#7 of 70
'07 College Grad Lease by madastl
Sep 27, 2006 (6:11 am)
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Car_man,
 
Do you have the money factors and residuals for both the 2007 Rabbit College Grad lease and the 2006 Rabbit Advertised lease?
 
I'm interested in the 4-Door Rabbit, 12k miles per year, 36 or 48 months -- for each program. I'm looking to lease this car by the EOW. Thank you for your help.
 
- Adam
#8 of 70
Re: '07 College Grad Lease [madastl] by Car_man HOST
Oct 01, 2006 (9:03 am)
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Replying to: madastl (Sep 27, 2006 6:11 am)

Greetings Adam. I don't know how Volkswagen's recent college grad program impacts it, but I can tell you what this car's current lease program is like. Volkswagen Credit's current 36 month buy rate lease money factor and residual value for a 2007 Rabbit 4-Door with 12,000 miles per year are .00312 and 60%, respectively. The numbers for an otherwise identical 48 month lease of this car are .00332 and 52%. VW Credit's numbers for a 36 month lease of an otherwise identical 2007 model are .00312 and 56%. Its 48 month numbers are currently .00332 and 50%.
 
Car_man
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Prices Paid Forum
#9 of 70
2007 2-door Rabbit by jzero23
Oct 01, 2006 (6:07 pm)
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Hi Car_man! I've been looking for 2-door Rabbits (manual, base model) lease. There is a 225$/Month program advertised on the VW website for the Rabbit I'm looking for but it ends tomorrow and the up-front costs are too high. Do you know what a lease would look like (monthly payment, residual, money factor) ?
MSRP: 15,620
36-Month Term
12k annual miles
good FICO if thats important
 
Thanks!
#10 of 70
Re: 2007 2-door Rabbit [jzero23] by Car_man HOST
Oct 02, 2006 (2:25 am)
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Replying to: jzero23 (Oct 01, 2006 6:07 pm)

Hi jzero23. I can tell you what this car's current lease program looks like, but it is only scheduled to run through the end of today. Please feel free to check back with me in a couple of days and I will be able to give you an idea of what this car's new October lease program is like. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Rabbit 2-Door with 12,000 miles per year are .00312 and 61%, respectively.
 
I would be happy to use the aforementioned lease program to estimate what your monthly payment should be on this car, however in order for me to do so I need you to provide me with its approximate selling price. You may be able to get an idea of how much you will have to pay for this car by visiting the following discussion: "Volkswagen Rabbit: Prices Paid and Buying Experiences".
 
Car_man
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Prices Paid Forum
#11 of 70
Re: 2007 2-door Rabbit [Car_man] by rovision
Oct 04, 2006 (1:10 pm)
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Replying to: Car_man (Oct 02, 2006 2:25 am)

Hi Car_man,
 
Please advise on a Rabbit, 2door/auto/, price $16950. 24m/10,000m/year, $0 down.
Thanks in advance
#12 of 70
back again by jzero23
Oct 07, 2006 (5:47 pm)
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Okay, so I've found the car I was looking for (2-door, manual, bare model rabbit), and I'm going to move forward with the deal. However, I'm not sure if I should lease or finance. The dealer said he could meet the national ad (http://www.vw.com/rabbit/offers_incentives.html) (basically 203$/mo. with 2250 out the door [1250 downpayment, rest are fees]). There is also one that has 6.75% APR. So, before I make the big decision with the 203$ a month deal (i argued for 12k miles/mo. instead of 10), if you could show me what other arrangements would look like I'd feel better about which I choose.
 
Dealer quote: $15,600 and Good Credit
So, either lease or finance (I'm okay with either)
 
Lease: 12k mo., as little out the door as possible, 36-39 months
or
Financing: 72 months with as little down-payment as possible
 
Just need some numbers to work with (i.e. money factor, monthly payment, etc.)
 
Thanks Car_Man!
#13 of 70
Re: 2007 2-door Rabbit [rovision] by Car_man HOST
Oct 24, 2006 (2:39 am)
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Replying to: rovision (Oct 04, 2006 1:10 pm)

Hi rovision. Volkswagen Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Rabbit 2-Door with 10,000 miles per year are .00306 and 71%, respectively.
 
Car_man
Host
Prices Paid Forum
#14 of 70
Re: back again [jzero23] by Car_man HOST
Oct 24, 2006 (2:43 am)
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Replying to: jzero23 (Oct 07, 2006 5:47 pm)

Hey jzero23. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Rabbit 2-Door with 12,000 miles per year are .00306 and 61%, respectively. Its numbers for an otherwise identical 39 month lease are .00326 and 61%. These money factors aren't very attractive. They are equivalent to interest rates of around 7.3% and 7.8%, respectively. If I was personally in the market for this car, I probably would finance it. I would be happy to give you an idea of what your lease payments on it would be like, but in order for me to do so I need you to provide me with its full MSRP.
 
Car_man
Host
Prices Paid Forum

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