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2013 and earlier Volkswagen GTI Lease Questions

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  • Guys,

    What would be the absolute best price and also a good price to lease a 2012 VW GTI, 4Dr w/ Convenience and Sunroof for 36 months and 12,000 miles/yr? I want to lease a GTI but don't want to rush for a crappy deal. According to KBB, MSRP is $27,770 and Fair Price is $27,201. I would appreciate your responses.

    Thanks !
  • NYCwhatever, I do not see anywhere for dealer contribution for $3000, where are you reading those fine prints?
  • Here's the information that you're looking for abd4. Volkswagen Credit's November buy rate lease money factor and residual value for a 36-month lease of a 2013 Jetta GLI with 15,000 miles per year are .00013 and 54% for consumers who qualify for its top credit tier.

    Volkswagen is providing $250 cash on leases of this car with automatic transmissions and it is waiving the first month's payment as well.

    Car_man
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  • Hi Earlbiggs. Yes, that is the correct lease money factor for all GTI models through the end of the year, unless Volkswagen makes some sort of unscheduled enhancement.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hey Stumpjumper 1 -

    If you're looking for the best price on a VW GTI my recommendation is basically to run the numbers yourself on what the lease payment should be for that particular GTI. All the invoice numbers are available on Edmunds and US News World Report - just find out the residual & money factor, plug in the Invoice cost and that's it. Use the Edmunds lease calculator or do the math manually using the forumula they provide. That will provide a good target price. There are also a few fees - Destination & bank acquisition - which you can try to negotiate for the dealer to cover, but that's your call. Dealers also get rebates from the manufacturer, so you can also try to squeeze that out of them.

    Just this weeked I leased a 2013 GTI 4 Door on a 42 month lease w/15,000 miles. Dealer initially told me it'd be $367/month, but I ran the numbers myself and came up with $322/month. I pretty much told him that's what I'm comfortable paying and if he can meet that price I'd come straight down to sign. After some back and forth he finally agreed.

    Oh, one other suggestion: unless you get a thrill out of face to face negotiations then do this over the phone. Once you're at the dealer you're on their turf. Better to be on the phone and if they hit you with a curve ball you can tell them you'll call back and consult the internet to see if they're pulling your leg.
  • Hi Car_Man,

    What is the residual and money factor for 2013 VW GTI 4dr Convenience/ Sunroof package for 12,000 mile and 36 months lease? I would really appreciate if you provide me this no please.

    Thanks
  • Hello stumpjumper1. Volkswagen Credit's December buy rate lease money factor and residual value for a 36-month lease of a 2013 GTI Convenience / Sunroof with 12,000 miles per year are .00120 and 56% for consumers who qualify for its top credit tier.

    Car_man
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  • Hi car_man,

    I'm looking at leasing a 2012 VW GTI Autobahn with DSG, MSRP $32,735 and negotiated price $27,685. For 36 months lease, 12,000 miles/year dealer asks for lease factor of 0.00125 and residual value of 49%. Down payment of $1400, including DMV fees, acquisition fee and security fee. Please let me know if this is a good deal or not. Thank you in advance.

    Happy New Year!

    Sincerely,

    Andrei
  • kyfdxkyfdx Posts: 29,851
    Payment amount?

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • $387 + tax, total $409/month

    Thank you.
  • Hi Andrei. The money factor that you were quoted seems way out of whack to me. Through 2nd (today) VW Credit's buy rate lease money factor and residual value for a 36-month lease of a 2012 GTI Autobahn with 12,000 miles per year are .00008 and 49% for consumers who qualify for its top credit tier.

    As far as this car's selling price goes, there is a gap of around $1,750 or so including incentives between this car's MSRP and dealer invoice price. I don't see how you are getting such a huge discount on this car.

    Of course, the huge money factor mark-up that's going on is probably part of the reason, but this seems like a very strange deal to me. Having said that, the payment that you were quoted seems reasonable to me for this model.

    Car_man
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  • hai975hai975 Posts: 4
    Thank you! I wanted to get a lower money factor and they did not go for it. So I went to another dealer who had a 2013 GTI autobahn with the 0/0/0 lease for 42 month. Monthly payment came at $350 + tax. Love the car!
  • cal2000cal2000 Posts: 10
    Nice. Was it a 4 door or a 2 door model? What was the drive-off amount? Just fees and DMW registration perhaps? Any accessories included? Thanks.
  • hai975hai975 Posts: 4
    4 door with DSG transmission. The drive off amount was only fees and DMV registration.
  • You're very welcome hai975. Enjoy your new GTI!

    Car_man
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  • dima11dima11 Posts: 1
    Hi Car man,

    Could you please tell me the MF and Residual for 36 month/15k miles per year lease on a 2013 GTI 4dr Base with DSG transmission? MSRP is $26,490.

    Thanks,
    Dave
  • deetledeetle Posts: 1
    If I can get a 2012 Mercedes E Class whose MSRP is $68000 for 0 down $560 a month for a 3 year lease , I sure should be able to get a VW whose MSRP is less then %50 percent of that for %50 percent of the monthly payment.

    So any one paying more then $300 a month on a $0 down lease for a measly $34000 MSRP car is getting ripped of by the manufacture and dealer or has bad credit. Rule of thump for a $0 down lease is that if you are paying more then a $1 a month for for every $100 of car something wrong. The car doesn't hold its value , bogus residual value from dealer , bad money factor , ...

    But no innovative for VW to improve their financing terms as long as people are wiling to pay $2 a month or every $1 of car.
  • kyfdxkyfdx Posts: 29,851
    edited January 2013
    I think you are picking one single expensive car... that has great lease deals on it (for now)...

    The typical $68K car leases for $800-$1000 per month...

    So, not exactly apples to apples...

    $1/mo. per $100 of MSRP is an admirable goal, but hard to come by.... Maybe 5% of vehicles can be leased for that amount.. (those are the ones I like, though)

    Good luck! :)

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Hi Carman,

    Could you provide me with current lease rates for a 2012 2-door GTI. Looking for 36 mo./10k lease; MSRP $29,985, dealer offered $27,487.

    Thanks!
  • Greetings Dave. Volkswagen Credit's January buy rate lease money factor and residual value for a 36-month lease of a 2013 GTI Base with 15,000 miles per year are .00054 and 53% for consumers who qualify for its top credit tier.

    Car_man
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  • Hi donuschak. Volkswagen pulled the plug on its lease support on 2012 models. If you really want to lease, you would be better off going with a 2013 model.

    Car_man
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  • Hi Car Man,

    Thanks so much for all your insight, very very informative site and these lease blogs are awesome.

    Question:

    What are with current lease rates for a 2013 4-door GTI Autobahn. Looking for 36 mo. 12k maybe 15k mile lease?

    Was quoted the following and it seemed high to me.

    MSRP $31,600, offered $30,420. 36 month, MF .00168 Residual 55% $3,500 down leaving me with a monthly @ $416

    Thanks!
  • hi guys

    first time posting. i've been reading this forum for the last hour and failing algebra 1 in high
    school does not help me understand any of this, so please help!
    heres my situation. already have two cars in the house, but i always wanted to drive a manual gti and wife finally agreed! when i told her about 1999 down 36 months $289 deal thats going on.
    she wants me to do 2 year lease, and checking some of my nearest dealers inventory. i found these two with the color option that i want
    msrp 27,405
    msrp 31,025

    i want to do 2 year lease with 10,000 or 12,000 mile lease with 1999 down.
    how much monthly payment should i be paying or ask dealer for realistically, when i call them?

    my situation is all dependent on what my wife thinking process. seems like the consensus here is 0 down but she does not seem to mind 2000 down pay, so given the scenario that im willing to downpay 2000 including taxes fees, etc. what should my monthly payment be?

    i know i am clueless, but any input would be appreciated! thx
  • pawesnerpawesner Posts: 5
    edited January 2013
    Hello Car_man,

    I leased the 2013 GTI Autobahn on 1/18/13 in Huntington Beach California. I have excellent credit (over 800). The total price was $32,760. My lease is 36 months & 15,000 miles per year. I put 0 down and am paying $599/month. Is this a fair deal? Thank you.
  • saladariiisaladariii Posts: 3
    edited January 2013
    I was asking for $0 down and got the following prices from Galpin VW in van nuys.

    42 Months 36 Months Down Payment
    396.41 427.53 750

    The 750 covers first month's payment and fees.

    I think that's extremely high. GTI doesn't have great lease deals currently though but you could technically buy a 2012 GTI Autobahn with 0% APR for that price and with additional 2 years of payment you could have owned the car. :)

    What is your residual?
  • The risidual is $17,362.80. I just saw on the paperwork that the Adjusted Capitalized Cost is $37,522.74. My sticker price was $32,760.00. Is that normal???
  • Hi again Saladariii,

    1) So your offer was was for the 2013 GTI Autobahn? (Sticker $32,760)
    2) Was it for 15,000 miles?
    3) $750 Down & $427.53/month for 36 months?

    I need to contact McKenna and dicuss my lease. Thanks for your help!
  • You're very welcome cambiamento. Thank you for the kind words.

    Volkswagen Credit's January buy rate lease money factor and residual value for a 36-month lease of a 2013 GTI Autobahn 4-door with 15,000 miles per year are .00068 and 53% for consumers who qualify for its top credit tier.

    The residual value for a lease with 12,000 miles per year would be 2% higher.

    $3,500 is too much money to put down on a lease.

    Car_man
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  • Car_man: You wrote: Volkswagen Credit's January buy rate lease money factor and residual value for a 36-month lease of a 2013 GTI Autobahn 4-door with 15,000 miles per year are .00068 and 53% for consumers who qualify for its top credit tier.

    This is exactly what I want. I am top tier credit. What should the payment be on 0 down? My sticker price is $32,760. They quoted me $599.00/month.
  • Hi pawesner. This car's payment will depend upon what its selling price is. Do you have a selling price in mind?

    Car_man
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This discussion has been closed.