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2013 and earlier Volkswagen Jetta Lease Questions

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  • Hi miss_my_mgb77. A selling price of under dealer invoice is a good price for a lease of this car. Its new January buy rate lease money factor and residual value for a 36-month lease with 12,000 miles per year are .00022 and 55%.

    Car_man
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  • Here you go katahdin. Volkswagen Credit's January buy rate lease money factor and residual value for a 36-month lease of a 2012 Jetta Sportwagon TDI with 15,000 miles per year are .00167 and 55%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • Hi Steve. Volkswagen is not waiving the first month's payment on leases any longer in January. It does have a different lease program out there though.

    Car_man
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  • Here's the information that you're looking for peloton67. Volkswagen Credit's January buy rate lease money factor and residual value for a 36-month lease of a 2012 Jetta Sedan GLI Autobahn with 12,000 miles per year are .00064 and 57%, respectively for consumers who qualify for its top credit tier.

    A selling price of anything below dealer invoice would be a good deal for a lease of this car.

    Car_man
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  • Thanks for the info Car_man. I definitely qualified for top tier, but my dealer told me the following: "The January residual is 55% with a lease factor of 0.00167 on a GLI Autobahn with Nav at 12,000 miles/year. There is a $500 incentive for going with a manual." Is there anything that matches up with this? I assumed dealers go by the VW rates on leasing, but can they randomly up the money factor and/or lower the residual to increase their profit on it?

    Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    edited January 2012
    You're welcome skunkiechris. Dealers are often allowed to mark up vehicles' money factors to add additional, hidden back-end profit to deals. That might be what is happening with this vehicle. It wouldn't hurt to comparison shop with a different dealer in your area to see if they quote you a better money factor.

    Car_man
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  • Thanks for the info. Ironically, the other two dealers in my area both gave different (and worse!) money factors on the deal. *sigh* In the end I know it doesn't make that much difference on the payment anyway, but it's more of a principle thing I suppose...
  • dude13248dude13248 Posts: 3
    edited January 2012
    Hi carman,

    Unfortunately I did not see this until after I got the car. I think I still did pretty well though. I was not aware of the 1500 as they said the 1K expired after jan 1st and did not mention the 1500. I believe I did get most of it in the deal though.

    here are some figures.

    2.5SE Sunroof
    Black / Beige
    6 speed AT

    Car was leased, Agreed price $24K

    $1250 down to cover DMV, acquisition and doc fees plus 1st month payment, etc.

    $290 per month including San Diego,CA sales tax 7.75% . 36mos lease, 10K miles per year, 56% .00040MF

    what do you think?
  • I am fairly unfamiliar with car leasing and how it all works. I know the basics but I'm not sure what it all means.

    I'm interested in getting a lease on a 2011 or 2012 VW Jetta TDI. I really just need to know what kind of deal I can expect to get, ie money down and monthly payment.

    Any guidance would be greatly appreciated.

    Thanks
  • hi
    i am trying to lease the 2012 gli autobahn with nav with a DSG for 36/12000 can u give me the residual and money factor for january?
  • jenp70jenp70 Posts: 3
    I would like money factor and residual for this lease for January and February if you have it? The dealer I went to also said they are paying the first month still. Is it reasonable to get below invoice, are there any incentives or bonus cash that the consumer may not be aware of to help the dealers out?
    Thank you. I am waiting for an offer to come in tomorrow.
  • Hi Everyone,

    I'm wondering if I can get feedback on two options that I am evaluating. This is what the dealer (in Massachusetts) is offering (both 36-month leases with 12k miles/year and $3,250 total due at signing)...

    1. 2012 Jetta S w/ Sunroof (manual transmission): $189/month (inclusive of MA sales tax...6.25%).
    2. 2012 Jetta SE w/ Convenience and Sunroof (manual transmission): $225/month (inclusive of MA sales tax...6.25%)

    These generally sound like decent deals? I haven't pushed back at all (yet)...there is probably a little wiggle room in these.

    Thanks!!!
  • jenp70jenp70 Posts: 3
    edited February 2012
    I just leased a 2012 Jetta SE with Sunroof/convenience pkg, auto transmission. 3150 due at signing (trade + 700.00). They quoted me 252/mo for 15k miles/year. I purchased extra miles 18K/year and I pay 279/mo. My residual was 53%, money factor was .00022 (0.5% APR). I don't remember my Cap price but I paid around 22,700 for sales price, MSRP was 23,300 (approx) I feel that overall it was a good deal. Your price quotes seem on par as well. About 30.00 difference in price per month for every increase in 3k/miles per year.

    For reference I bought my Jetta at Tracy VW in Hyannis MA
  • Thanks for the quick reply jenp70! Yeah, it sounds like this would be a pretty decent deal...I haven't even dug into the details about residual (I think they said it would be around $12,500) or money factor.

    A bit off-topic for this thread, but I hope you are enjoying it (assuming you already took delivery)...would be interested in hearing if there is any major stuff you don't like about it!
  • I took delivery 4 days ago. I am coming from a V8 Explorer so the only thing that I am not impressed with is the initial acceleration from stopped position. I feel it hesitates a little and I have to push the gas pedal a little harder to get it to go quicker when pulling out from stop. This may be normal for a 4 cylinder but it drives me crazy. Other than that, I love the bluetooth, heated seats, sunroof, and comfy interior. Great gas mileage, averaging 28-30 MPG. Quiet, little road noise. Nothing has come up so far. Also with the lease is the carefree maintenance program which pays for all scheduled service including oil changes.

    Good luck with your purchase. I am very happy with mine and saved over 400.00/mos.
  • Hello Car_man,

    Can you tell me the February money factor and residual for the following:

    1) 2012 Jetta SE w/conv and sunroof (auto); and
    2) 2012 Tiguan SE w/sunroof and nav (auto).

    For both models would be 36 mos. lease at 12,000 miles/year.

    Thanks for your help!
  • Car Man,

    Can you give me the residual and lease factors for a 2012 2.5se auto with convenience?
    Are there any other dealer or customer cash/incentives?

    Thank you!

    Steven
  • I just took delivery on an automatic 2012 Jetta SE w/ Convenience & Sunroof, with $1975 down and rolling over $1000 negative equity on my trade (2004 Saab 9-3 w/ 60,000 miles - sold over fear of rising repair costs)...I'm paying $299/mo. for 36 months with 10,000 miles/year (I'm mostly a city driver). Obviously I went with a smaller down payment option and larger monthly payments, I just don't believe in putting too much $$ down for a car I'm ostensibly renting for three years.

    Hope this helps!
  • Can anyone tell me the February residual and money factor on the February $1999 down, 169/mo. lease special for the Jetta S sedan base model?

    Also seeking the February residual and money factor for the Jetta SE sedan with convenience and sunroof, 5 cyl, 5 spd manual.

    Thanks.
  • Hi cybrryno. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.

    If you provide me with this car's MSRP and dealer invoice price, which can be found in the New Vehicle Pricing section of Edmunds.com, I would be happy to work up a payment on it for you.

    Car_man
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This discussion has been closed.