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2013 and earlier Volkswagen Jetta Lease Questions

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Comments

  • amarin76amarin76 Posts: 3
    Sorry, Car_man. 3year 36k miles.
  • vwgregvwgreg Posts: 22
    a 680-690 will usually be scored a b tier with vw credit. there is some dependency there regarding debt to income ratio, loan to value ratio and previous car loans
  • psfootepsfoote Posts: 2
    3yr/36,000 Zero out of pocket.
    22,893 MSRP
    22,293 (their sales offer)
    .00054 MF
    53% residual

    Edmunds shows invoice at 21,500 what should i be able to get it for?

    I live in Tampa Bay, FL

    thanks!
  • bvdj84bvdj84 Posts: 1,721
    I am assuming your doing a lease on an SE, not an S model?

    The SE is a great model.
  • psfootepsfoote Posts: 2
    Yes, sorry, its an SE
  • sjeedsjeed Posts: 41
    Car_Man: What are the respective lease money factors and residuals for a 2009 Jetta Sedan models SE, SEL & TDI? The lease term would be 36 months, 12K or 10K miles per year, and I am in Northern California. Also, are the cash incentives of $750 (AT) and $1,250 (manual) still out there? Thank you!
  • bvdj84bvdj84 Posts: 1,721
    Well, it looks like they have an Autobahn summer event. Looked it up, and it doesn't look like an event to me. Flattering payments, but with a huge chunk of $$ down.

    Looks to me they haven't really made anything more appealing than before.

    If they offered deals like back in the spring of 08, then I could have gotten a Passat Komfort for cheaper than a Jetta. I am so waiting for a deal like that, because that could help me get out of my current lease.

    The better the deal, the better it helps me out in general with my trade.

    But, I think VW is doing fine, but at least offer 1 month of good deals.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    No problem, amarin76. The money factor for a lease with 12,000 miles per year is the same, but its residual value is 2% higher.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi sjeed. VW Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Jetta Sedan SE or SEL with 12,000 miles per year are .00068 and 52%, respectively. If you were to lease either of these cars with only 10,000 miles per year, their residual value would be 1% higher.

    Volkswagen is not currently providing any lease support on the Jetta TDI.

    The cash incentives that you mentioned are indeed still available on leases of Jetta Sedans.

    Car_man
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  • Currently I have 7 months left on a 39-month lease of 2007 VW Jetta (Value Edition). I am 400 under the allowed mileage so I will be over by at least 7000 miles by the time I am done.

    Called several VW dealers and asked about trade-in/early turn-in/new lease.....I got one favorable work-out but I like to know what you guys (the experts) think.

    Total payoff on 07 Jetta: $13K
    Current value on trade-in based on KBB: $10K (38,500 miles)
    Residual: $11K
    Remaining payments: 7month @ $270 (including tax)

    Dealer is offering me:

    1) They will purchase my 07 Jetta for the entire payoff amount ($13k).
    2) No lease return fee of $350
    3) I lease a new 2010 California Edition Jetta with $0 security deposit
    4) My out of pocket expense at signing will be $1,000
    5) My monthly payment is $319 (including tax) I have asked for 15K/year mileage allowance this time...so I don't get in trouble for over mileage again.

    My current FICO Score is 696, the dealer told me I am tier "C".

    Do you think I can negotiate a better deal? or is this a fair trade?
  • passat_mxpassat_mx Posts: 32
    Car_man,
    Can you let me know the market lease terms for a 12/36 lease on a jetta wolfsburg? I'm in Southern California. Thanks.
  • blaurenceblaurence Posts: 4
    Hi, could you give me the buy rate lease money factor and residual value for the VW SW TDI? both 12000 and 15000 -- not sure which will be offered.
    Thanks!
  • rmsnycrmsnyc Posts: 3
    Car Man-

    can you provide me with some info to verify the $750 cash incentive on a lease of a jetta with auto? I mentioned it to my VW dealer and he acted like i was making it up.

    What info can i present to him that will verify there is this cash incentive? Its not like VW mentions it on their website...

    i have already worked out a deal- and would love to have $750 knocked off of the down payment.

    thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here's the information that you're looking for, passat_mx. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Jetta Wolfsburg Sedan with 12,000 miles per year are .00152 and 54%, respectively.

    When negotiating your lease on this car, make sure to take the cash incentives that are currently available on leases of it, $750 on Jetta Sedans with AT and $1,250 on Sedans with MT, into account.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello blaurence. Volkswagen is not currently providing any lease support on the diesel Jetta SportWagon. You probably do not want to lease this car right now.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi rmsnyc. If the dealer that you're working with lies right to your face like that, you may want to consider shopping around and finding a different dealer rather than jumping through hoops to try to prove to him that it really exists when he has to know that it does. The $750 cash incentive on leases of '09 Jetta Sedans with automatic transmissions definitely exists.

    Car_man
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  • rmsnycrmsnyc Posts: 3
    Ok, thanks.

    The deal we worked out is this:

    36/10k, $2400 down, incl 1st mnths pmt and all dealer fees, $245/mo including tax. I was approved for 'B' tier credit.

    This is for a Jetta SE auto with ipod, bluetooth, mats, and 17" wheels.

    Do you think this deal is good without the $750 incentive? (i.e., maybe he's already including the incentive) or do you think theres more room to reduce the price by $750 to allow me to take advantage of the incentive.

    thanks!
  • bvdj84bvdj84 Posts: 1,721
    With $0 down you should be about $320 give or take. That down payment went where? I really hope you didn't sign anything. Only 10k miles?

    Usually with a selling price of about $20-21k your about $299-320 per month.
    12k mile lease.

    $1k=$20-30 off your payment.

    I would start off with a $0 down first, never mention the down until later.
    What was your sale price?

    I don't like this deal. I drive the 08 Jetta SE, and this is not too good of a deal.
  • rmsnycrmsnyc Posts: 3
    bvdj84,

    well $320 minus the 245/mo im paying is a $75/mo difference, or $2700 total . And im only putting 2400 down. So isnt that a better deal than your proposed $320/mo and 0 down?

    am i not understanding this correctly? please advise if i am missing something here as i do want to get a good deal.

    please also note i was not approved for the A tier credit so i have the B tier. also that 245/mo includes tax, and the 2400 down includes 1st months pmt, dealer fees, bank fee, registration, etc.

    please let me know how i could improve this deal. My sales price is $1600 under invoice.
    thanks!
  • blaurenceblaurence Posts: 4
    Is the 2010 Jetta sportwagen TDI likely to come out with good lease support or should we just switch to looking at buying? thanks!
  • bvdj84bvdj84 Posts: 1,721
    You should keep your money in the bank, and just pay the true lease payment. That is a lot of money to put into a lease. You are getting nothing in return, other than a lower payment. Not by much though either.

    So either way... I think of better ways to use the $2,400. Keep that in the bank.
    No offense, realistically if that payment makes or breaks your deal in wanting the car. Then the lease is too expensive for you to begin with... Just speaking bluntly. Put money down to offset it is not smart. Even though, its so tempting.

    You may have slightly higher payment, been then you'll have more in the bank.
    I would feel much better.

    Either way, I think you got a good deal. Just now its up to you to put money down.

    Just be careful, once you sign, its done!
  • gwen251gwen251 Posts: 1
    Hi, I am looking to lease a VW Jetta SEL from a dealership in Ardmore, PA. Is the $750 cash incentive still being offered. They did not include it in the numbers they gave me. Also, can anyone tell me what a good monthly payment is on this with $1,000 down, 36 months, $12K a year. I am a single girl and I know they see $$$ signs when I walk in the door!
    Thanks!
  • I owned a '07 GTI (loved it), but it was coming out of lease and I now needed a larger car w/ an automatic. So while the Altima/Accord were the main two targets, we looked at a Jetta to see if we could get a good deal.

    I was shocked at the 'best' the VW dealership could do on a new SE Jetta. They wanted $1,500 down and $350 a month for 36 months/15K miles on a car stickered at $23,000.

    The Accord we bought was also stickered at $23,000 and the same lease as above was for $299 a month and $699 down (including 1st payment).

    If you really like the Jetta, then go for it - just know that you can get a better deal with a different car. When I leased my GTI I know I paid a premium to get it, but at that point in time my situation was different.
  • kellihkellih Posts: 6
    Car_man,

    Can you tell me the current lease factor and resid value for a 2009 Jetta SE with 10K miles/yr? Are there cash incentives I should be aware of too?

    I'm assuming it's still not worth it to lease a TDI?

    Many thanks,
    kellihm
  • bossy22bossy22 Posts: 2
    Car_man,

    I'm looking to lease a 2009 Jetta S for 36 months/15K miles in Central NJ. Can you tell me if I'm getting a good deal with the following quote: $19,014 sale price; current lease factor = .00117; residual = 50%; $298 monthly payment (includes taxes); $1302 down (first month, doc fees-$197, acquisition fee-$575, motor vehicle-$232?

    Thank you
  • kellihkellih Posts: 6
    Hi Car_man,

    A small change to my question: looking for lease factors and resid values on a 2009 Jetta SE, SEL, and TDI for a 36-month lease, 10K miles. Any cash incentives to take into consideration?

    Many thanks,
    kellih
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi kellihm. 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 Jetta Sedan SE with 10,000 miles per year are .00068 and 53%, respectively.

    Volkswagen is currently providing a $750 cash incentive on leases of 2009 Jetta Sedans with automatic transmissions and $1,250 on leases of Jetta Sedans with manual transmissions through VW Credit.

    While VW has traditionally not provided much in the way of lease support on the TDI, it does have a special money factor available on it right now, albeit one that is much higher than its special factor on non-diesel models.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey boss. What is this car's full MSRP? This number would be very helpful to know because it will show me how much of a discount you are being given on this car.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi again kellihm. Here's the rest of the info that you're interested in. VW Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Jetta Sedan SEL with 10,000 miles per year are .00068 and 53%, respectively. The numbers for an otherwise identical lease of an '09 Jetta Sedan TDI are .00257 and 54%

    As I mentioned before, Volkswagen is currently providing a $750 cash incentive on leases of 2009 Jetta Sedans with automatic transmissions and $1,250 on leases of Jetta Sedans with manual transmissions through VW Credit. This cash is not available on TDI models.

    Car_man
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  • bossy22bossy22 Posts: 2
    Thanks for the reply, Car_man. The MSRP is $19,514.
This discussion has been closed.