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Volkswagen Golf Lease Questions

13

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  • Could you tell me the current (Sep 2012) residual and money factor on 2012 and 2013 Golf R? It would be for a 4 door version if that matters and 3 years and 36000 miles. My guess is that the money factor is probably not very attractive. I am in CT if there are any regional promotions. Also do you know if there are any incentives offered? Thank you for the help.
  • I'd be happy to help you out, billdct. Wow, expensive car, but a nice one :). Your guess about the money factors not being great was spot on.

    Volkswagen Credit's September buy rate lease money factor and residual value for a 36-month lease of a 2012 Golf R with 12,000 miles per year are .00157 and 52%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of a 2013 model are .00157 and 59%.

    Volkswagen is providing cash incentives on Golfs right now, just not on the R.

    Car_man
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  • Thank you for the numbers. I guess there is not a Golf R in my future..........too expensive. Thanks again for the help.
  • You're absolutely right, billdct. The R is a sweet car, but for probably $500 or so per month that's just too much money.

    Car_man
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  • Hi there,

    I am new here so I apologize if you guys have covered this already. Read some old threads and didn't find the answer.

    So I'm looking to lease a 2012/2013 Golf. VW is offering their big, sign and drive event with 0 down, 0 deposit and $240 a month for manual. Is that a good deal for a VW? This will be the first time I'm leasing a VW car.

    I'm wondering if there is typically negotiation room for these specials? Or are they pretty much set? I've been asking the dealers about the money factor and residual value w/o mentioning the special. Thanks!
  • Welcome chinoischai. Manufacturers' advertised leases are usually decent deals, however they usually leave a little meat on the bone so to speak as well. Savvy consumers who are in areas that have a decent level of competition are often able to beat manufacturers' advertised leases by negotiating lower selling pries.

    Car_man
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  • Specs:
    2012 Golf TDI 4dr
    Tech Package
    DSG transmission
    Options: Mat kit, first aid kit
    MSRP: $30,505 (Edmunds says $30,480)
    Invoice: $29,242
    My Price: $28,995

    3yr 36k mi lease:
    Down: $2500
    Payment: $391 + tax = $425

    Dealer gave me $17,692 for the residual (.57) and .00225 money factor. My payment calculation came out a little bit lower when I plugged everything in to my spreadsheet so maybe I'm missing a variable somewhere.

    Thoughts?
  • jodarojodaro Posts: 5
    edited December 2012
    Actually .58 for the residual and its a 2013. But ... anyone? Potentially getting this this weekend and I'd love to know if this sounds reasonable.
  • bodidbodid Posts: 87
    Car Man,

    Now I need to know the lease numbers (residuals and MF's) for a 36/42 month lease on the following for 10K miles/yr in NY for the month of Jan.

    -Golf R Base
    -Golf R w/Nav& Sunroof

    Thank you so much...

    Bo
  • Hi Bo. Volkswagen Credit's January buy rate lease money factor and residual vale for a 36-month lease of a 2013 Golf R with 10,000 miles per year are .00150 and 58% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 42-month lease are .00170 and 54%.

    The addition of Navigation and Sunroof have not impact on this car's lease program.

    Car_man
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  • gpg7gpg7 Posts: 1
    edited March 2013
    car_man, I am looking at a 2013 4-door Golf automatic with convenience and sunroof. Can you tell me what the March money factor and residual % should be on a 36 month lease? Thank you!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi gpg7. Volkswagen Credit's current buy rate lease money factor and residual value for a 36-month lease of a 2013 Golf 4-Door with Convenience, Sunroof and Automatic with 15,000 miles per year are .00018 and 51% for consumers who qualify for its top credit tier.

    Car_man
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  • aicarmicaicarmic Posts: 2
    edited April 2013
    Hi car_man,
    I was wondering if you could help by providing a reasonable MF & Residual on a 2013 Golf 4DR TDI w/ Tech PKG for a 36mo lease.

    Here's the numbers I got without starting any negotiating:

    MSRP: $29,725 (per Edmunds)
    CAP Cost: $29,630
    Residual: $17,222.80 (58%)

    Based on these values I calculated the MF to be around .00209 which they claimed was assuming top credit tier. Thanks in advance!!

    -aicarmic
  • bada_bingbada_bing Posts: 8
    edited April 2013
    Car_man,
    I would like to know the current lease terms (residual and MF) for a 36 month/12K mile per year lease on the Golf R (4-door) w/Nav & Sunroof package. Thank you!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi aicarmic. Volkswagen Credit's current buy rate lease money factor and residual value for a 39-month lease of a 2013 Golf 4DR TDI with 15,000 miles per year are .00124 and 52% for consumers who qualify for its top credit tier. I provided you with the 39-month numbers instead of 36-month because that's the term that VW is pushing this month.

    As an added bonus, Diesel models are now eligible for Volkswagen's popular "Sign Then Drive" sales event, where your first month's payment will be waived on leases.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here's the information that you're looking for bada_bing. Volkswagen Credit's current buy rate lease money factor and residual value for a 39-month lease of a 2013 Golf R with 12,000 miles per year are .00142 and 54% for consumers who qualify for its top credit tier.

    I gave you the 39-month numbers instead of the 36-month numbers because that's the term that VW is pushing right now. Keep in mind that VW is waiving the first month's payment on all leases this month.

    Car_man
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  • aicarmicaicarmic Posts: 2
    Thanks car_man!
    For everyone that's interested, I ended up getting a lease for 36 months on a 2013 TDI w/ tech at these numbers:

    mileage: 15,000 / year
    money factor: 0.00148
    residual: 54%

    -aicarmic
  • bada_bingbada_bing Posts: 8
    Thank you Car_man. The residual on the Golf R is not terrible but combined with the unsubsidized money factor, I arrive at a lease payment of $440-450/mo (9% CA use tax included) on a 39 month/12K mile per year lease with zero cap reduction and assuming a healthy $4,000 discount which is perhaps overly optimistic. Sounds like a less than great lease deal. Perhaps I will explore a purchase option if dealers start offering crazy discounts to clear the glut of Golf R's.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome aicarmic.

    Car_man
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  • jodarojodaro Posts: 5
    Hi Car_Man,

    Looking at picking up a Golf TDI 4 Door Tech Pkg DSG very soon. Can you tell me the current residual and money factor? Planning on a 36 month/12k miles per year lease.

    Thanks!

    Josh
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey Josh. Through July 8th, VW Credit's buy rate lease money factor and residual value for a 36-month lease of a 2013 Golf TDI with 12,000 miles per year are .00124 and 55% for consumers who qualify for its top credit tier.

    Car_man
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  • jodarojodaro Posts: 5
    Thank you!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome jodaro.

    Car_man
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  • xptp29axptp29a Posts: 1
    Hi,

    I am interested in leasing a 2013 Golf 4 Door DSG TDI at 36 months/12,000 miles per year. Would you please provide me with the current money factor and residual?

    Thanks!
  • Hi there,

    I'm pretty new to leasing a car. I wanted to get your thoughts on whether this is a good deal or not? Thank you in advance for you help! :D.

    Car: VW Golf 4dr Base model, automatic.
    MSRP: 21,060
    Selling Price: 19,000
    Lease term: 24 months (12K miles/year)
    Location: California
    MF: 0.00082
    Residual %/Amt: 57% / $12,004

    DMV License Fees: $234.00
    Ttl UpFrt Fees:$117
    Ttl Capped Fees:$625
    Customer Cash: $1,000
    Working Cash: $1,000
    Driveoff: $1,000
    TotalSales Tax: $720.77

    PAYMENT: $361.33

    Is this a fair deal? @_@? I'm trying to get $300/month(including everything...) for 24 months, so a total amount of payment would be $7200. Dealers said it seems impossible...

    Please help. Thanks!
  • Finalizing on leasing a 2014 VW Golf 4 door, Gas base(no convenience).
    Can someone please tell me the current(Dec'13) buy rate lease money factor and residual value for a 42-month lease with 10,000 miles per year. top credit?
  • kyfdxkyfdx Posts: 28,434

    @rapidrash1 said: Finalizing on leasing a 2014 VW Golf 4 door, Gas base(no convenience). Can someone please tell me the current(Dec'13) buy rate lease money factor and residual value for a 42-month lease with 10,000 miles per year. top credit?

    .00114 MF and 52% residual

    regards, kyfdx

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  • devtekdevtek Posts: 4

    Hi, does anyone know what is MF and residual for Golf TDI, 36 months, 10k per year in 98008, WA?

  • MichaellMichaell ColoradoPosts: 4,717

    @devtek said: Hi, does anyone know what is MF and residual for Golf TDI, 36 months, 10k per year in 98008, WA?

    We don't yet have the April numbers, sorry.

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  • kyfdxkyfdx Posts: 28,434

    @devtek said: Hi, does anyone know what is MF and residual for Golf TDI, 36 months, 10k per year in 98008, WA?

    .00093 MF and 57% residual

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