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Volkswagen GTI: Lease Questions

271 messages,  Last post on Dec 05, 2009 at 11:17 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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#249 of 271
new GTI! by z2adambomb
Apr 15, 2009 (6:26 am)
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So I decided to take the deal I posted before. The dealer still honored the quoted deal from March in April. I was debating between the 2 door and 4 door and decided the extra $10 for the rear doors was a worthwhile investment. The dealer was actually very good, especially compared to some of the high pressure dealers I've dealt with lately. There was hardly any pressure through the sales experience (probably because they started off with a low price) and the actual signing process was well explained and very straightforward. It always amazes me how long it can take an individual to transfer plates, insurance and register a car through the DMV yet a dealer has it done in a couple hours.
To summarize the deal:
Southern States VW in Durham, NC
09 GTI 4 door "black magic" w/ 6speed
ipod adapter
scheduled maintenance included
12k mi/year, 36 month lease
$21,900 buy cost
$275/mo
$2000 out the door, everything included
They were still going to honor the $265/mo deal for the same parameters on a 2 door. I've heard that VW has already stopped production of MKV GTI's given that the new MKVI that carman mentioned will be coming to dealers in a few months. I would assume this would keep the numbers for MKV's pretty attractive until then.
I couldn't be happier with the car, I'm doing all sorts of unnecessary driving to get more time in it.
#250 of 271
April Lease Numbers by madmanmoo
Apr 21, 2009 (1:23 pm)
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Car_Man,
 
Little help with MF and residual on GTI 2dr manual tranny for 12k miles on a 36 month?
 
Thanks!
#251 of 271
Buying a GTI in May by harrigan
May 07, 2009 (9:08 pm)
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Being offered a stock 09 GTI four-door at invoice -$500, 0% APR for 60 months and $399 in dealer fees. Sound fair?
 
Edit -- sorry, should have posted this in the other GTI thread. Headed there now.
#252 of 271
Re: April Lease Numbers [madmanmoo] by Car_man HOST
May 08, 2009 (1:41 am)
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Replying to: madmanmoo (Apr 21, 2009 1:23 pm)

Hi madmanmoo. Interesting username . Here's the information that you're looking for. VW 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 .00111 and 50%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#253 of 271
Re: April Lease Numbers [Car_man] by madmanmoo
May 08, 2009 (5:28 am)
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Replying to: Car_man (May 08, 2009 1:41 am)

Thanks, Car_Man. What a miserable residual. I am not thinking this is a good time to lease this GTI.
#254 of 271
Re: new GTI! [z2adambomb] by bds4
May 10, 2009 (11:50 am)
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Replying to: z2adambomb (Apr 15, 2009 6:26 am)

would you be so kind as to share the name of the dealership you worked with, I'm up in NYC and can't get any deals close to that one, would be willing to travel down to do so, TIA
#255 of 271
Re: new GTI! [bds4] by z2adambomb
May 10, 2009 (11:58 am)
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Replying to: bds4 (May 10, 2009 11:50 am)

no problem. Southern States VW of Durham, NC. I had called other dealers in the triangle area and they couldn't match the deal either. Good luck!
#256 of 271
Re: new GTI! [z2adambomb] by billdct
May 10, 2009 (1:25 pm)
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Replying to: z2adambomb (May 10, 2009 11:58 am)

I have purchased 2 GTI"s on 08 and 09 from Chris Farnham at VW of Langhorne PA (near Philadelphia). He is the internet sales guy there and nobody can touch his price. CFarnhamVWofLanghorne.com. Tell him Bill D sent you (and no I don't get a fee for referring business). I have also bought a couple of TDI's from him Check his references over at tdiclub.com
#257 of 271
Re: April Lease Numbers [madmanmoo] by Car_man HOST
May 18, 2009 (1:44 am)
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Replying to: madmanmoo (May 08, 2009 5:28 am)

You're very welcome, madmanmoo. While a 50% resid is nothing to write home about, I've seen ones that are a lot worse than that lately. Unfortunately, we've passed the glory days of leasing. There are still some good deals out there, I still lease both of my vehicles, but they are fewer and farther between than they used to be.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#258 of 271
Re: April Lease Numbers [Car_man] by amarin76
Jun 19, 2009 (2:31 pm)
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Replying to: Car_man (May 18, 2009 1:44 am)

Car_man, could you please let me know what the MF and residuals are on the GTI this month? Also are there any incentives and dealer holdbacks available?
 
Thank you.

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