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2013 and earlier Volkswagen Jetta Lease Questions
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Car_man
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Car_man
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I would be happy to estimate what sort of monthly payment a zero down lease of the car that you are interested in would have, but in order for me to do so I need you to provide me with its full MSRP and approximate selling price.
Car_man
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Car_man
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Car_man
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MSRP $21,175.00
Invoice $20,047.00
Price I am trying to get - Final $19,547.00
What do you think my best Lease Price will be or what should I ask for. Thanks in Advance for your help.
I'm interested in a 36 month, 15K miles per year lease on a '07 Jetta Wolfsburg with manual transmission.
I am looking to lease an '07 Jetta 2.5L (Salsa red with Package 1). I am looking for current MF and residual values 36 months for both 10K/year and 12K/year. Your help is greatly appreciated. Thanks!
I'm hoping to put $0 down at signing. What would be a rough estimate of the monthly payment in a reasonable deal (I'm in California)?
Thank you!
I would be happy to estimate what your lease payment would be like on this car for you, but I think that you are being a little overly optimistic about the selling price that you are going to be able to negotiate. The lease cash that Volkswagen is providing on most Jetta models is not available on Wolfsburgs. I suspect that $500 over invoice is a more realistic target price. Using the above lease program, an MSRP of $21,175, and a selling price of $20,547, I estimate that this car's zero down, pre-tax monthly payment should be around $251.
Car_man
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Car_man
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Car_man
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In short, the best way to get a good deal on your new Jetta is to negotiate as low a selling price as possible on the one that you want and then have the dealer that gives you that price calculate your monthly payment using VW Credit's current buy rate lease money factor of .00098. I would be happy to estimate what your monthly payment should be like on the Jetta that you are interested in if you provide me with its full MSRP and approximate selling price.
Car_man
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I saw you posted the MF/residual for August for the 2007 Wolfsburg but do you have them for the 2.0t and GLI for August? Any difference if manuel or auto? I was quoted .00150 and 53%/12k, 51%/15k on a 2.0t auto. Thanks!
Went to NYC local dealer today and got a quote for 2007 VW Jetta Wolfburg Auto.with spoiler white color and here is the quote:
Sales price: $20982.00 (Dealer claims $100 over invoice but it is much higher than listed in edmund)
Money factor: 0.00098
Terms: 30 months
Miles: 12k per year
Res. value: 60%
total out of pocket including tax, bank's fee, 1st payment: ~$1980
monthly payment: $297.17
is that a good deal? and how come the invoice for dealer is higher than the listed invoice price in edmunds?
Thank you
1) sell (which I am trying to do via kelly bb and e bay (useless!), and craigs list
2) trade in (not an option - we have 2 other cars
3) buy (no way, never again with a VW)
4) turn in (I would like to fo - but have questions)
My understanding of turning in based on what I have read is that they are very picky about condition of car when it is turned in. My dealer has informed me that I need to meet with them for a pre-inspection and that VW also will have an inspection about 2 months before turn in date.
My first problem is that I was allowed 48,000 miles and I have driven as of now 61,000 - so .15 per mile over.
My other concern is about the car itself: windows are tinted and have some light scratches in the back from dogs, the driver side rim is bent slightly, someone did a "brush and run " in a parking lot nd there are light paint scuffs on the back by the rear tire (no body damage, just paint), the fuse that turns on the door light when it is ajar is not working ($ 267.00 to fix), and the hinge from the center console is missing). The car itself mechanically is in good condition, and has been regularly servied and maintained by the dealer. I am just worried how much aI am going to get "dinged" (to use a nice word) by the dealer or VW for all these other things on top of the mileage overage? Is it better to have them fixed first or does it not matter? I owe $ 12,700 on the car. I am thinking about turning it in now (I would still have to pay on the outstanding lease), because I don't want one more thing going wrong before december that I would have to pay for (it seems every month something has been going on - $ 500 here, $ 600 there....
And, do they bill you for all this and you can pay it off, or do you have to pay all at once before you turn it in?
Thanks and sorry for such a long post! PlEASE HELP!!! My husband just lost his job and I am really concerned that we are going to come out of this owing a ton of money....
Also does anyone know of Volkswagen;s process of being aproved for a lease?
a speedy reply would be very appreciated!
thanks
Car_man
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Car_man
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Car_man
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P.S. VW Credit's buy rate lease money factor for this car is now .00080.
Car_man
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The only way for you to get out of paying an excess mileage penalty on your car is to purchase it or trade it in. Given the fact that your car probably is not worth more than its end of term purchase price, you will probably be best off just turning it and paying the mileage penalty.
While the policy on this matter varies from bank to bank, most banks just send you a bill for any excess mileage and wear and tear rather than charging for it when a vehicle is returned. If you paid a security deposit at lease signing, you will be able to apply that towards any charges that you have to pay.
Car_man
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Car_man
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we are looking to lease a 2008 jetta within the next couple of days and need some guidance. We are in NJ, looking for a 36-39 month lease with 12,000 miles per year. We are looking at either a standard or 2.5 (can't yet determine what the difference b/w the two is, so if anyone can fill me in). i am looking for money factors and residuals on these.
also, is the $750 incentive offered on these vehicles and if so, is that after you negotiate to about $500 over invoice (therefore $250 under invoice)?
lastly, i want to put $0 down - what should i expect to pay upfront other than the first month payment (what fees are legitimate)?
thanks to anyone who can offer me some help as quickly as possible!
But my question to them was - why would you do that, it doesn't make sense? His answer was because he really needs to make the sale and it's the only way that he can convince me. My mother is purchasing a 2008 Beetle as well, so this is a 2 car deal at the end of the month/quarter. Does this seem reasonable or is there something I'm missing that's going to cost me in the end? I haven't sat down and actually gone through the entire agreement yet. Any help would be much appreciated - I've never leased before.
Thank you!
2008 Volkswagen Jetta S with sunroof and alloy wheels or the 2008 Volkswagen Jetta SE.
we live in NJ
want to put $0 down
36-39 months/12,000 miles
my husband's credit is not the greatest so it will probably be tier 2 - not 1
what are the money factors and residuals for these cars?
also, what should we be paying upfront? they told us with all fees, etc. it would be like $1800. i know i did not pay close to that when i leased my audi. can you give me a breakdown of what fees are legit and approximate amounts?
also, they said we should pay all tax upfront, is that a good idea?
lastly, are there any incentives currently being offered and if so, are those after you negotiate to about $500 over invoice?
thanks for any help you can give us!
The dealership in West Palm Beach had a 2007 2.O GL turbo same as above but monthly price was 225.Sticker price was 28,675.
Isn't the 219 or 225 high considering we were putting 6000. down? Whats your opinion? Thanks for your help.
also, this is assuming tier 1 credit now. and is it true that if you are tier 1 that the bank (acquisition fee) will be waived? this is what the second dealer told us.
thanks and sorry for all of the questions!
What is a reasonable price to expect over invoice? Thanks.
Volkswagen is not currently providing any cash incentives on the 2008 Jetta. The $500 over dealer invoice that you mentioned is a good target price to shoot for.
This car's monthly payment will vary depending upon the MSRP and selling price of the exact model that you want. I would be happy to estimate what your monthly payment would be on it if you provide me with these numbers.
Car_man
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Car_man
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At lease signing, consumers who lease through Volkswagen credit have to pay their vehicle's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 increment, a $575 acquisition fee, and any required state taxes or fees. I personally would rather roll the sales tax into my monthly payment than pay it up front. If your car is stolen or totaled in an accident, if you paid all of the sales tax at lease signing it is unlikely that you will get it back.
As I mentioned in my previous post, Volkswagen is not currently providing any cash incentives on this car. As a result, $500 over dealer invoice is a good target price to shoot for.
Car_man
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I would be happy to estimate how much a $0 down lease on this car would cost you, but in order for me to do so I need you to provide me with its selling price. This is a very important number for you as a consumer to know anyhow. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without knowing what this car's selling price is, it is difficult to tell how much of a discount you are being given on it.
Car_man
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Car_man
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Car_man
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Anyway, I work for a VW vendor so therefore the agreement allows us to get a car at the dealer price. I have an appt with one of the general managers of a dealership in Miami, FL coming up so I just wanted to go in with some background info to make sure I'm getting a good deal.
They currently have the "sign&drive" program where I don't have to put any money down or pay the first month. I don't have a preference for a particular Jetta model, but just not looking to spend too much money and don't need all the extras/fully loaded/etc. Ideally, I'd love to have my payments under $200/month if at all possible and my credit is really good, if that matters. So my questions are:
1. How can I find out what the "dealer price" is so I know that's what he's offering me?
2. What options/room do I have to negotiate if they're already giving me the dealer price?
3. I'm responsible for "tax, title, license and other fees", would you have any idea how much that would add up to?
4. How much do you think I would need to bring with me if I were to lease the car that same day?
Thanks for all your help!
Okay, So, I got 3 good (?) deals from my local dealers in Phoenix and I am not sure how to proceed. I am trying to lease a 08 Jetta SE Automatic (w/ no addtl add ons). Expecting to 1) pay no money down, 2) 36 months/12k miles a year, and 3) I have a credit score of 705. Here is what they are offering me each.
North Scottsdale (only have upgrade with spoiler+mats)
-MSRP: $22,139
-Sale Price $20,730 (He said 500 below invoice)
-His quote is 324.80+tax ($351.11 total)
Berge Service Center (base SE)
-MSRP: $21,475
-Sale Price: $20,775 (he said at invoice)
-His quote is $319+tax ($343.00 total)
Chapman VW (base SE)
-MSRP: $21,660
-Sale Price: 21,250
-His quote is $300.52+tax ($324.00 total)
Okay. Obviously, the best sale price is North Scottsdale (especially given addtl items). However, cheapest monthly payment is $324 with Chapman. But, that doesn't make sense. Why is North Scottsdale monthly payment more expensive (with cheaper final sale price)? I contacted all 3 for exact break down of price (via email) and of course, I get the run around with confusing, parts, or misinformation. So here are my questions to you, Carman.
1) With your earlier postings, I calculated my monthly payments to be ~270+tax, what do you have on each of these dealerships?
2) I'm inclined to tell Berge and N. Scottsdale of the $324 total at Chapman, see if they can beat it. If not, simply go to Chapman, ask for the quoted $324 total per month for 36 months, 12k miles per year, and 0 down and call it a day. Walk out if they change or add a penny to the price. What do you think?
Cant buying and/or leasing new cars be simple?
Thanks in advance.
Simple
How much do they charge for acquisition fees, disposition fees, security deposits, extra mileage and any other fees?
Jetta SE Automatic
39 months, 15k/year
Monthly payment: 307.47 (including tax)
187.25 due at lease signing (license, title fees, etc)
Is this a good deal?
I don't know whether I should go with this or not. I am young, and I cannot know where I'll be living in 3 years. Hm.
Many Thanks!
You can look up the dealer invoice price of the car that you are interested in by visiting the New Vehicle Pricing section of Edmunds.com. If you are already being given this car at dealer invoice, there really isn't much room to negotiate. As far as how much money to bring with you when you go to lease your car goes, you would be better off bringing your check book or credit card instead of cash.
Car_man
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selling price= $20,583
24 months/12k miles per year: $334.25 plus tax = $357.65, first payment due at signing
Is this a good leasing deal?? Can someone calculate money factor and residual based on this offer? I would greatly appreciate it. I'm so frustrated by this whole experience.
Thanks, guys.
Thanks in advance