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Volkswagen GTI: Lease Questions

270 messages,  Last post on Dec 04, 2009 at 9:57 PM

You are in the Volkswagen GTI Forum. Your Host is pf_flyer

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

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#229 of 270 Follow Up - Final Deal by spagball Dec 30, 2008 (10:12 am)
Just wanted to put the up the final numbers to the deal I closed last night on my GTI. I'm pretty happy with what I got and after my first counter on their first offer the dealership was very upfront, fair and posted what I feel was their best offer.   Deal was on '09 GTI, 4DR, DSG (A/T), Autobahn pkg, PWR sunroof, 18" Hufs, & iPod. Price - $26,665.00 Rate - .00156 (thanks Car_man) 39 mons $2321 - tax, tags, & dest. (which they cut $100 off on dest.) [6% tax in my area] first payment by them $339.82/mon   I think it worked out well and it's a beautiful Tornado red. Replies to this message: Car_man (Dec 31, 2008 3:36 am)
#230 of 270 Re: Weak 1st Offer - '09 [spagball] by Car_man HOST Dec 31, 2008 (3:34 am)
Replying to: spagball (Dec 16, 2008 9:42 pm) You're very welcome, spagball. I'm glad that you've found Edmunds so helpful.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#231 of 270 Re: Follow Up - Final Deal [spagball] by Car_man HOST Dec 31, 2008 (3:36 am)
Replying to: spagball (Dec 30, 2008 10:12 am) Ahhh I see that you've finalized the deal. This car will be a blast for $340 per month. You got it in the hot red color as well. Now I hate you because I want this car . Thanks for taking the time to report back and let us all know how everything turned out. If you'd like, you can hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well.   Happy New Year and enjoy your new ride !   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#232 of 270 Jan 09 MF and Residual by tom_c Jan 12, 2009 (8:34 am)
Hello Car_man   Could you please provide the MF and residual for the 09 GTI at 36 months/12k miles per year? Thanks for your time. Replies to this message: tom_c (Jan 16, 2009 9:04 am) Car_man (Jan 26, 2009 3:54 am)
#233 of 270 Re: Jan 09 MF and Residual [tom_c] by tom_c Jan 16, 2009 (9:04 am)
Replying to: tom_c (Jan 12, 2009 8:34 am) Bumpity Bump
#235 of 270 Lease a GTI in Atlanta by GTIGR Jan 17, 2009 (12:37 pm)
Here's a first offer I got in Atlanta for an '09 GTI, 2DR, manual, PWR sunroof, 18" Huf, premium sound    Lease term: 36 months/12k miles Offer: $23,500 Rate: .00105 Resid: $12,719 Down: $2000 $345/month   I'm also thinking of adding the excess wear warranty for ~$550. Carman, does this sound like a good deal? Replies to this message: GTIGR (Jan 20, 2009 11:24 am) Car_man (Jan 26, 2009 4:17 am) brendanm14 (Feb 04, 2009 7:25 am) and 1 more... Car_man (Jan 26, 2009 4:16 am)
#236 of 270 Re: Lease a GTI in Atlanta [GTIGR] by GTIGR Jan 20, 2009 (11:24 am)
Replying to: GTIGR (Jan 17, 2009 12:37 pm) Here's a more recent quoteI got Lease term: 36 months/12k miles MSRP: $25.139 Offer: $22.600 Rate: .00105 Resid: .53 Down: $0 $340/month   It seems there's more room to push the offer down if I wait a bit more. Does anyone know whether VW credit will change its lease program for February? Replies to this message: Car_man (Jan 26, 2009 4:17 am) brendanm14 (Feb 04, 2009 7:25 am) GTIGR (Feb 04, 2009 7:35 am)
#237 of 270 Re: Jan 09 MF and Residual [tom_c] by Car_man HOST Jan 26, 2009 (3:54 am)
Replying to: tom_c (Jan 12, 2009 8:34 am) Hi Tom. 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 2009 GTI 2 Door with 12,000 miles per year are .00105 and 53%, respectively. The money factor for an otherwise identical lease of a 4 Door GTI is exactly the same, but its residual value is 1% lower.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#238 of 270 Re: Lease a GTI in Atlanta [GTIGR] by Car_man HOST Jan 26, 2009 (4:16 am)
Replying to: GTIGR (Jan 17, 2009 12:37 pm) Hi GTIGR. It's excellent that you know what this car's selling price is. The selling price is the single most important number to find out when leasing. The problem is, we don't have anything to compare it with. You need to find out what this car's MSRP or dealer invoice price are so that we can see how much of a dealer discount you are being given on this car. You can find out the MSRP by asking the dealer or look up both of these numbers over in the New Vehicle Pricing section of Edmunds.com.   The other main profit center for dealers besides cars' selling prices is their money factors. Dealers are often allowed to mark up vehicle's factors to add additional, hidden back-end profit to deals. The money factor that you were quoted for the GTI that you want is right in line with VW Credit's buy rate for this model. So it looks good.   I personally always pass on excess wear and tear warranties on leases. In all of my years of leasing, I have never been charged an excess wear and tear penalty of $500.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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