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Volkswagen Beetle Lease Questions

Hi everyone. Please use the following discussion to post any questions that you have about leasing a Volkswagen Beetle. Thanks.

Car_man
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  • carlrodcarlrod Posts: 1
    I'm looking to lease a 2006 2.5 VW Beetle convertible with auto power roof, leather, cd,..you know the bells and wistles. but Iv'e never leased a car and I'm not sure how to go about it. I know more or less what the cost of the car is. just not sure what a fare lease amount for 36 months would be? ...a little help anyone? Miami, FL.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Greetings carlrod. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. Once you have read these articles, stop back and I would be happy to provide you with this car's money factor and residual value or work up a lease payment on it for you. To do the latter, I'll need you to provide me with this car's full MSRP and approximate selling price.

    Car_man
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  • Re: Message #3, I am also interested in getting the MF and residual information. I am shopping for the convertible with package 1. MSRP is 25,150. Also looking for a lease term around 36 months (would go as high as 39). In the North FL area (west coast) and have test drove the car so am a serious buyer. Any help would be appeciated.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi sotampacane. If you were to lease a 2006 Volkswagen Beetle Convertible through VW Credit right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00167 and 60%, respectively. Volkswagen's 39 month lease program is not nearly as attractive as its 36 month program, so you're better off going with the shorter term.

    Car_man
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  • blitzen00blitzen00 Posts: 1
    Hi Car Man,

    Has the money factor and residual changed from above? It has been 3 mos. Please let me know

    Thanks
    Joe
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi Joe. This car's lease program is definitely different now than when I made that post. Volkswagen usually publishes a new lease program every month. If you were to lease a 2006 Volkswagen Beetle Convertible through VW Credit right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00150 and 59%, respectively.

    Car_man
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  • Hi Car_man,
    What is the money factor on the 2006 with the $249/mo lease deal as seen on the VW website? Thanks
  • Hi bodotcom. The $249 a month advertised lease that is listed on VW's web site is on a 2006 New Beetle Convertible 2.5L with a manual transmission. VW Credit's current 36 month, 12,000 mile per year buy rate lease money factor and residual value for this car are .00250 and 64%, respectively.

    Car_man
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  • The sticker is bt/ 19384 and 20384
    With leasing specials that are going what should the money factor and the res val be? This columbus ohio byers vw.

    Will this be with 12,000 miles/ 36 months or 39mth?
    Thanks
    Lisa
  • Hi Lisa. I don't believe that Volkswagen is currently providing much in the way of lease support on the 2007 Beetle right now. 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 non-convertible 2007 Volkswagen Beetle with 12,000 miles per year are .00299 and 62%, respectively. The numbers for an otherwise identical 39 month lease of this car are .00312 and 58%.

    Car_man
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  • raj11raj11 Posts: 7
    Carman
    What is the current mf and resid for a 36 mo lease on a convertible for 15k miles per year? is it .00118 and 60%? are dealers coming down off list price on these?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi raj11. 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 2007 VW Beetle Convertible with 15,000 miles per year are .00103 and 59%, respectively. While I am not intimately familiar with what the market is like for the Beetle Convertible right now, I suspect that you should not have much trouble negotiating a decent discount on one.

    Car_man
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  • tomeguntomegun Posts: 1
    Can someone tell me what the June money factors are for the New Beetle Convertible? We went to a dealership today and the manager told me the money factor for 36 months is .00255 and the residual is 63%. Are these numbers correct?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi tomegun. Through July 8th, Volkswagen Credit's buy rate lease money factor and residual value for a 36 month lease of a 2007 Beetle Convertible with 15,000 miles per year are .00103 and 59%, respectively. The residual value for a lease with only 12,000 miles per year would be 2% higher.

    Car_man
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  • scottyb1scottyb1 Posts: 11
    Hi Car Man,
    I'm trying to help my mom out with the lease of a Beetle Convertible. Here's what I figured:

    Beetle convertible auto w/ package 1
    MSRP of $25,400 including destination
    Invoice of $24,100
    Cap cost of $23,350 after the $750 incentive
    The money factor of .00103 with a 63% residual based on 10k miles/yr.

    We have the supplier discount which is invoice minus any incentives. The payment with 6% tax I'm coming up with is 259/mo based on a 36 mo lease.

    Does this seem correct? Do the dealers HAVE to do the deal given the fact they aren't making much?

    She is planning on moving forward today if we can get this deal so if you could let me know ASAP it would be a HUGE help. Thank you!
  • So my wife has come back from the dealerships with 3 cars she likes. Mini & VW lead, so, on the VW side we have,

    2007 Beetle convert, triple White with everything.
    Cost $29,800 : 0 down = $405+tax 36 monthly payments. Dealer stated number could come down a bit once credit report is run.
    So what should I expect to negotiate:
    Edmunds new car with everything:
    $28,877 (what others are paying -$500) so thats the cap cost
    12,000 miles
    36 month
    0 down or $3000.00 (I can do either)
    60% residual
    ?? Money factor (assume 0.00103?)
    __________
    ?? Monthly fee
    What would be a great deal and what would be a good deal?
  • Looking to see input on lease and HEY a banner ad for a VW lease, $219 bla bla. Link takes me to VW.com and what do I read
    - MSRP is different - add includes delivery charge, VW site does not
    - Ad does not state down payment - VW.com has it at $2044 or 10% CORRECTION: scrolling text mentions the Down Payment. So fast I missed it. My bad.
    - 61% residual price
    - other little things but good news - deals are starting to pop up - cool.
  • simansiman Posts: 7
    Hi there,
    I am in St.Petersburg, Florida. I just got mine yesterday for the triple white conv.
    This is what I paid for: The selling price is $25,397.00 and the money factor is .00126 (it is higher on the triple white version). The residual amount is 60% from MSRP = $15,978.00.
    With $0 down (but actually I paid the 1st month plus upfront fee for a total of $623.71) and then the monthly lease $345.37 plus tax. It is a standard 36 month lease with 12K/yr. I forgot to ask about the $750 cash rebate, but not sure if they would let me :-)
    No other hidden fee!
    Good luck with yours!
  • What are the current money factors and residual values for the VW Beetle Convertible with Pkg 1. I'm interested in a 3 year lease with mileage at 10k, 12k, or 15k a year.

    I've been quoted by a dealer a buying price of $23,966. Could you please let me know how much I should expect for a lease payment? My Florida sales tax rate is 6.5% if that helps.

    Thank you very much for your help.
  • I'm trying to get my girlfriend into a Beetle.. Package 1, 15k on a 36 month lease. O down.

    They are telling me 57% residual, which seems very low to me considering their big marketing pitch is best residual value for it's class.

    Money factor at .00120, which also seems high for her credit.. I was thinking more like .00103.

    Dealer also wouldn't budge on Cap Cost.. Only $800 less than MSRP.

    Where should I be on these numbers.. Thanks for any help!
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