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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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#261 of 271
Looking to lease a 2010 GTI by rronan
Oct 12, 2009 (5:21 pm)
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Looking to lease a 2010 GTI but not sure what the residual value is or if the deal I am being offered is solid. The dealer is telling what is listed below. I think $379 is decent for what options I want but not sure. I know when I looked in the past at a 2009 VW it was not the car of choice to lease due to the rapid deprecation of the vehicle. Would I be better off to lease a Mitsu Evo or a Subaru WRX?
 
. 2-Door Automatic with Autobahn and Dynaudio Options (MSRP $28,361)
    36 month lease $2,000 out of pocket at lease signing
    Miles per year allowance 10K 12K
    Monthly Payment $379 $387
 
2. 4-Door Automatic with Autobahn and Dynaudio options (MSRP $28,961)
    36 month lease $2000 out of pocket at lease signing
    Miles per year Allowance 10K 12K
    Monthly Payment $396 $404
#262 of 271
Re: 2010 GTI... [kyrogo] by Car_man HOST
Oct 14, 2009 (2:34 am)
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Replying to: kyrogo (Oct 05, 2009 2:29 pm)

Hi Kyle. Here's the latest. You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. Let me know if you want something different.
 
VW Credit's October buy rate lease money factor and residual value for a 36 month lease of a 2009 GTI 4 door with 15,000 miles per year are .00062 and 44%, respectively.
 
The numbers for an otherwise identical lease of a 2010 model are .00187 and 53%.
 
The numbers for a similar lease of a 2010 Golf 4 door are .00212 and 54$.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#263 of 271
Re: 2010 GTI... [Car_man] by kyrogo
Oct 14, 2009 (3:28 am)
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Replying to: Car_man (Oct 14, 2009 2:34 am)

Hello Car Man,
 
Thank you for the figures. Sorry about not providing more information initially. I've narrowed my search down to a 2010 GTI 2 door 6MT. The lease terms I'm looking for are for a 36 month, 12,000 mile/year lease.
 
Also, my wife currently owns a 2007 VW Jetta. Does VW still offer any type of Owner loyalty incentives? I also graduated within the past year - I know some companies offer College Grad discounts... does VW?
 
Thank you for your help.
 
Kyle
#264 of 271
2-door, MT, 12K mi/yr, 39 month lease figures (NYC)? by mkvigti
Nov 04, 2009 (12:59 pm)
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Greetings all,
 
I'm hoping someone can help me with this. VW's sign then drive promo got me interested in leasing a GTI. No money down, no security deposit and first month's payment I understand - what additional fees will I need to anticipate? Will I need to pay taxes up front or with each payment? What gets taxed exactly?
 
The lease rate on a base GTI (MSRP on base is $23,290, I think, Invoice $21,724) is $369/mo. The MSRP for the configuration I want (2-door, MT, 18" Detroit, Dynaudio, Sunroof & Xenons) is $27,305, invoice is $25,358.
 
Could someone please tell me how much I should expect to pay on a lease for the above configuration, how taxes are calculated on leases and what other fees I need to consider.
 
Thank you very much.
#265 of 271
Re: 2-door, MT, 12K mi/yr, 39 month lease figures (NYC)? [mkvigti] by kyfdx HOST
Nov 04, 2009 (4:53 pm)
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Replying to: mkvigti (Nov 04, 2009 12:59 pm)

Lease taxing method depends on your state of residence...
#266 of 271
2010 2DR GTI MT , stripper. by hky
Nov 06, 2009 (2:37 pm)
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I live in Texas. I was quoted for sales price of 22631. Residual 52%. 39 months lease of 428/month. 428 due at signing (everything else is rolled in the payment calculation). Dealer not willing to disclose itemized costs. Is it a good deal, it seems to similar to the lease deal from VW.
#267 of 271
Re: 2010 2DR GTI MT , stripper. [hky] by kyfdx HOST
Nov 07, 2009 (5:57 am)
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Replying to: hky (Nov 06, 2009 2:37 pm)

Lease program is not that great... At that sales price, you could add tax, and buy the car for $450-$460 per month for 60 months..
 
I wouldn't lease, if I could only save $30/mo... In TX, you pay sales tax on the full sales price, either way...
#268 of 271
Re: 2010 2DR GTI MT , stripper. [kyfdx] by thumb72
Nov 10, 2009 (5:00 am)
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Replying to: kyfdx (Nov 07, 2009 5:57 am)

I'm shopping for a lease on a 4-door carbon gray with DSG, sunroof, 18" Detroit AS, and xenons. Can you provide the November money factor and residual value on a 36 month 4 door GTI lease with 12,000 miles?
 
In October, the residual values was pretty good at around 56%. But the money factor was unfavorable at 0.00212. As I understand, during the year, the residual values slowly decrease and the MF decrease as well. Is there a "best" time of year to lease a car when both the RV and MF are at favorable levels?
 
Thanks
#269 of 271
Re: 2010 GTI... [kyrogo] by Car_man HOST
Nov 25, 2009 (3:10 am)
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Replying to: kyrogo (Oct 14, 2009 3:28 am)

No problem Kyle, it happens all the time. Here's the latest info for you. VW Credit;s current buy rate lease money factor and residual value for a 36 month lease of a 2010 GTI 2-Door with 12,000 miles per year are .00201 and 53%, respectively.
 
Volkswagen does provide loyalty cash on select models from time to time, but I am not aware of any on the '10 GTI at this time.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#270 of 271
2010 GTI Lease by erik9108
Dec 04, 2009 (9:57 pm)
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Replying to: Car_man (Nov 25, 2009 3:10 am)

Hi Car_man,
 
Can you please post the MF and Residual for 36 month lease with 10,000 & 12,000 miles a year for a 4-Door GTI?
 
You previously helped me get a great deal on an Infiniti EX35 (wife's) with the lease values and now it's time to shop for my sister.
 
Thank you!!
-Erik

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