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2013 and earlier Volkswagen Jetta Lease Questions

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Comments

  • kromixkromix Posts: 13
    edited February 2011
    The deal is signed... Take delivery next week what do you guys think:

    2011 Jetta
    SEL w/ Sports Package - Auto (fully loaded)

    36mo - 10k miles

    $329 Tax in a month (7% FL tax)
    $1000 Due at signing which includes 1st month payment and all inceptions

    And also go them to throw in full tinted windows all around the car.
  • I am looking to lease a 2011 Jetta SE PZEV that is listed at $21,650. I read in a post here that the true cost to be negotiaited should be approximately $20,075. If that is close, what costs were netted out and was the number arrived at? Also, do you know the residual and money factor for a 2011 with 10,000 miles per year? Thanks for your help.

    Tony
  • Hi Carman,

    I'm looking at a 2011 Jetta SE w/Convenience package. I negotiated a Total selling price (including destination charge) of $20,050. Is this a good price? Also, I was told the residual for 10k miles would be 57% but that the money rate factor is based on my credit. Is that true because I see lots of people in the forums posting general money rate factors? Thanks for your advice!
  • Hi Carman,

    I'm looking at a 2011 Jetta SE w/Convenience package. I negotiated a Total selling price (including destination charge) of approximately $19,300. Is this a good price? Also, I was told the residual for 10k miles would be 57% but that the money rate factor is based on my credit. Is that true because I see lots of people in the forums posting general money rate factors? Thanks for your advice!
  • Anyone know what the numbers are for leases on this car now? are they good? What do people think it will be in March?
  • do they even respons in these threads anymore? looking to pull the trigger this weekend. any help with a purchase price for the Jetta SE/ with convenience would be appreciated. I think I can close at $19,500 (approx). Is that good. everything else is out of my control after the negotiated purchase price.
  • Hey Car_Man - What are the lease rates for Feb? SE 36 mo. 15k miles (with convenience and sunroof if that makes a difference)

    Thanks!
  • Hello Tony. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Jetta Sedan SE with 10,000 miles per year are .00023 and 58%, respectively for consumers who qualify for its top credit tier.

    As far as what sort of selling price you should negotiate goes, I personally would shoot for around $500 over dealer invoice. You can find this car's exact invoice price over in the New Vehicle Pricing section of Edmunds.com.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi search4car. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Jetta Sedan SE with Conv. & Sun and 15,000 miles per year are .00044 and 54%, respectively for consumers who qualify for its top credit tier.

    This program is scheduled to run through February 28th. It's difficult to say what its March program will be like at this point.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi CarMan,

    I negotiated a rget selling price on a Jetta SE/ with Convenience for $18,763. However, they are insisntent that I finance through VW credit. Is this recommended by you. Do they completely screw you when doing this or do they just get some kickbacks from the debt source?
  • Hey valuehunter1. As long as the interest rate that you're getting through VW Credit is equivalent to or better than the rate that you could get on your own financing through an independent bank there's nothing wrong with using them. The dealer's probably just trying to make a little extra money by steering your deal through the captive finance company.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Thanks Car_Man. Perhaps can you give some perspective then to the current rates? How does it compare to the past 6 months?
  • How does VW figure the cost of adding milage to your lease over 15k a year? For example if you want 16, 17, or 18k miles a year?

    Is there a specific cost associated with it or are the money factor and residuals changed?

    I know there is a cost per mile at the end of the lease, but what if I want to add it in the beginning of the lease.

    Thanks!
  • Bump. Does Anybody know about this?

    How does VW figure the cost of adding milage to your lease over 15k a year? For example if you want 16, 17, or 18k miles a year?

    Is there a specific cost associated with it or are the money factor and residuals changed?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi search4car. Volkswagen Credit charges for additional miles above 15,000 per year on a per-mile basis. On the Jetta, VW Credit charges $0.10/mile for additional miles purchased at lease-signing. This charge rises to $0.15/mile as an excess mileage penalty at lease-end.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • tstraubtstraub Posts: 25
    Hello car_man,
    Can you please quote march money factor and residual on a 2011 Jetta SE auto w/ convenience and sunroof? 36 mos, 12k/year. Thanks!
  • mylesm01mylesm01 Posts: 4
    Car_man,

    I'm interested in leasing a 2011 Jetta SEL or Jetta SE w/ Convenience and Sunroof (both automatics). Could you please let me know the current money factor and residual for a 36 month lease with 10k miles per year?
    Thanks!
  • We just inked a deal for an '11 SE Auto w/Convenience

    Candy White with Black Titan Leatherette

    MSRP $21,650.00
    Sales Price $19,711.00
    Drive off = $1,600.00**
    Residual = 55%
    Money factor of .00057 (1.37% interest)
    39 Months
    12,000 miles per year

    BASE MONTHLY PAYMENT OF $209.50
    LA County 9.75% tax of $20.63

    MONTHLY WITH TAX = $229.93

    **Drive off included:
    1st pament of $229.93
    Registration & Title fee $315.00
    Cap Cost reduction of $328.89
    Tax on Cap Cost Reduction $32.07
    Acquisition Fee $625.00
    Doc Prep Fee $55.00
    Tax on Doc Prep Fee $5.36
    California Tire Fee $8.75

    Not a bad deal for a 23 YO to come up with (of course with a little help from Dad ;) )

    Livingston VW IN Southern California's San Fernando Valley

    Great buying experience!!

    Treated her with respect and directed ALL questions and decisions to her (not toward Mom & Dad)
    :) ;)
  • Hi,
    I need help to see if Im getting a good deal on this lease option. The car is a 2011 jetta w convenience pkg and sunroof around $22,000. I was offered today for $0 down and first time "buyer" (with a co-signer w ok credit 688) for 39 months 12k miles per year.. $314.80 (fl tax included) per month. I already gave them $500 for title and fees. Please let me know if Im getting a good deal and if you could kinda help me out on what important questions to ask before i sign.

    Thanks,
    Gillian Moore.
  • cea3cea3 Posts: 5
    Did you find it difficult to read how the sales tax was integrated into your monthly payments, or did you pay tax up front? VW's contract is very vague!
This discussion has been closed.