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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: 1,704
    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: 39
    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: 1,704
    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: 38,518
    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: 38,518
    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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    Prices Paid: Buying & Leasing Experiences Forum
  • 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: 38,518
    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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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    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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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    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
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • 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: 1,704
    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!
This discussion has been closed.