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2013 and earlier Volkswagen Jetta Lease Questions

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  • pmc1200pmc1200 Posts: 2
    Here are the lease details I didnt get the MRSP/residual (I assume 23000k/13800k) from the dealer yet but was wondering if this seemed like a good deal

    $1,300 upfront for taxes, bank fee and DMV
    0 Down
    $280 per month (taxes included)
    36 month , 10k miles per year

    Thanks for the help in advance.
  • pmc1200pmc1200 Posts: 2
    see my post for what I was quoted for SEL w/navi. Im waiting to hear if it is a good deal. $1300 upfront for tax, title, bank fee...$280 per month. 10k miles 36 month.
  • I just signed a 39 month 12k miles per year for $329/month, first month and DMV fees down. 2011 Jetta SEL w/Sunroof Black on Black.
  • lal05lal05 Posts: 4
    I am looking to purchase a Jetta Sportswagon SE with Premium Package. I was quoted a price of $27,000. I was told the residual for this car is 54% and a money factor of .00084. I was quoted a payment of $364 a month for 39 months for 0 down and 10K miles a year. This seems very high compared to other deals listed on here. Please help I don't want to over pay for this lease like I feel I did with my last car. Thanks!!
  • cea3cea3 Posts: 5
    Hey everyone,

    Being young, going into car dealerships can be very intimidating for a young 24 year old woman like myself. They see a young woman and think she must be stupid. This past weekend I signed a lease for the Jetta SE with Convenience and Sunroof for $222 a month $1700 down including all fees. Here is how I got my deal.

    First, I browsed online through leasetrader.com. I then contacted the company with the lowest price on the website ($199/month $1700 down) and had them send me the deal via email so all the terms were spelled out. The company advertising the deal was a third party leasing company in NY. I went to their office, and they delivered the car a day later. You sign the lease papers and pay the down payment by check/credit card when they hand you the keys.

    After I received the car, I wanted to go over the lease paperwork. Turns out neither of the men who delivered the car could help me understand the lease (and they worked in the office signing deals ALL day). I called VW Credit and even they had trouble answering my questions. Pretty aggravating that VW could not help me understand their OWN lease agreement. I've leased before and never had such a problem. I don't sign ANYTHING unless I thoroughly understand every aspect of the agreement. Something was very shady about it — in the end, I did not sign the deal with them. The leasing company got very nasty with me, and that was even more of a reason not to go with them.

    I then printed out the deal they originally sent to me, and brought it to a few VW dealerships but no one was willing to match the deal. The lowest each dealership would go was around $265 a month. I went through 3 dealerships before I inked the deal.

    I can't stand salesmen, they are essentially middlemen, and most of them are just plain stupid. I went straight to the manager, and said look "I want this Jetta for $199 a month with $1700 down." I told him my uncle was a returning customer (total white lie) and he came back with $240 a month. I said $220 and you have a deal, and he countered my offer at $222. Not to mention, he went over EVERY detail on the lease until I understood everything.

    My advice for anyone shopping, is don't go through a third party leasing company. They are helpful in the sense of starting the negotiating process, but I recommend going through a local dealership. Lastly, go straight to the manager. He initially said at $240 he'd be losing so much money he couldn't go a penny less — that was obviously BS. THEY WANT YOUR BUSINESS. You are in control. Once your hand over the reigns they've got you.

    Good luck!
  • bvdj84bvdj84 Posts: 1,721
    I can sympathize! I took months to pick a car out at my dealership! I am sure they thought I was crazy! I test drove a Buick Regal, Mazda, VW's. Huge contrast in cars, however the leases were different. I am familiar with the Jetta, as we have an 08 SE already. I saw the 2011 Jetta and liked it!! Felt familiar and good. I wanted the SE with Convenience and sunroof and they came up with $0 down and around $400mth. They pretty much laid it out like it was their final. I held off. I knew better. A month or so later, I tried and again and the payment began to lower, as they knew I would still rather wait and get what I want. At one point, there like, what can we do to get you into a car?....hmmm..When it feels right and its the car I want. Finally after more time..I tried again, I was offered $350 for 48mths, $0 down and this was rolling in the 08 G6 lease negative equity and a few overage miles. NOT BAD, I would say. Now, I didn't really want 48mths, but I figure this could give me more time to either get a new lease or buy it out. 36 sometimes sneaks up on you so quickly. Mileage was 12k a year, however, I might have gotten the 15k. I hope so. I am already a bit over where I should be right now.

    Also, not all dealerships are bad. My finance manager called me back to tell me they lowered the payment after I signed the deal and it was a decent amount!! Now that doesn't happen!! I truly appreciated that. He could have kept it the same!!

    My dealership was quite nice through the whole process. They did seem to get a little frustrated with me taking so long, but I wanted it on my terms and when it felt right. I am slow to move on deals and purchases and usually when I make a deal or buy something it is a something I put a lot of thought into.

    Bottom line: Take your time, shop around, kick some tires and don't always take the first and "final" deal. Do what feels right, try not to allow emotions in the deciding factor. It is all business and then fun later! :)

    I now have a White Gold SE/cornsilk, conv, roof and love it!! Great choice and worth the wait!
  • lal05lal05 Posts: 4
    Is there anyway to find out the Resdiual and Money Factor for a Jetta SE Sportswagon? 12,000 miles. Trying to figure out if the deal I was offered was a good one.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Bclear, 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 .00077 and 53%, respectively.

    The numbers for an otherwise identical 48 month lease are .00031 and 46%.

    The numbers for the SEL with Sun are .00123 / 52% for 36 months and .00089 / 45% for 48 months.

    When negotiating your deal, make sure to take advantage of the $500 cash incentive that is currently available on leases of these cars.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Greetings nocntysd. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Jetta SportWagon SE with Premium and 12,000 miles per year are .00011 and 49%, respectively for consumers who qualify for its top credit tier.

    I don't believe that Volkswagen is currently providing any cash incentives on leases of this car.

    If I was in the market for it right now, I personally would shoot for a selling price of around $500 over invoice.

    If you provide me with the MSRP and approximate selling price of the exact model that you want, I'd be happy to work up a sample payment on it for you.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here's the information that you're looking for pmelanc1.

    Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Jetta Sportwagen TDI with 12,000 miles per year are .00181 and 53%, respectively for consumers who qualify for its top credit tier.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here you go lal05. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Jetta Sportwagon SE with 12,000 miles per year are .00011 and 49%, respectively.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • lal05lal05 Posts: 4
    Hi Carman, Would you happen to have that information for a Jetta Sportswagon SE with 12k miles . Premium package . Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi lal05. Volkswagen's April lease program is scheduled to run through May 2nd. Through that program, its buy rate lease money factor and residual value for a 36 month lease of a 2011 Jetta Sportwagon SE with 12,000 miles per year are .00011 and 49%, respectively.

    Please feel free to check back with me in a couple of days and I can give you an update on what the new May program is like.

    Car_man
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  • chuckstyl5chuckstyl5 Posts: 4
    Does anyone know the new lease rates are as of May 3rd for a 2011 Jetta SEL w/ sunroof? MSRP is $24,400 Thanks
  • dookaloodookaloo Posts: 2
    Hi Everyone,

    Wanted to see if this is a good deal. 2011 Jetta SE with convenience package and sunroof. MSRP $22,900, 12,000 miles per year, 39 months lease for $275/month with $1000 down.

    Thanks for your input.
  • ss101ss101 Posts: 1
    Curious if there's any difference in the rates on a 2011 Jetta SEL w/ Sun, 12k, 36/mo than the 15k quote you have provided above.

    Is there a way for the consumer to confirm the current buy rate lease money factor and residual values for VW vehicles with top tier credit? If the rates are published / accessible would like to know how to find them.

    Much appreciated.
  • kacey007kacey007 Posts: 3
    edited May 2011
    Car Man,

    I have an offer for a 2011 Jetta SEL w/ the Sunroof and Sports Package at a sales price of 23,235 (MRSP is 25,100). Is this a good price or can I go lower?

    Could you provide the lease money factor and residual value for a 36 month and 39 month lease at 15K? Also, are there any rebates/incentives available now that I should be asking for?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Chuckstyl5, Volkswagen Credit's May buy rate lease money factor and residual value for a 36 month lease of a 2011 Jetta SEL with sunroof and 15,000 miles per year are .00174 and 51%, respectively for consumers who qualify for its top credit tier.

    When negotiating your deal on this car, make sure to take advantage of the $500 cash incentive that is currently available on leases of it.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi ss101. Please see my previous post for this car's lease program. VW Credit's 12,000 mile per year residual values are 2% higher than its 15,000 mile per resids.

    I am not aware of any resource that provides accurate information on manufacturers' lease programs to the general public.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi kacey007. I posted the 36 month numbers a couple of messages back. This car's 39 month program is actually much better than its 36 month program right now. VW Credit's 39 month, 15k buy rate lease money factor and residual value for the 2011 Jetta Sedan SEL with sunroof are .00089 and 50%.

    Volkswagen is currently providing a $500 cash incentive on leases of this car through its captive finance company.

    If I was in the market for a Jetta Sedan right now I personally would shoot for a selling price of $500 over dealer invoice minus the available cash incentive.

    Car_man
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This discussion has been closed.