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2014 Volkswagen Jetta Lease Questions

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  • audieddyaudieddy Posts: 28

    KYFDX looking for help again (you helped me immensly on prior BMW and Audi leases) . This is for my daughter leasing a VW Jetta S. Got a price quote of $15,420 (includes a special $500 rebate for attending a car show) for a Jetta with automatic that MSRP'd for $18,815. For both 24 and 36 month 10k miles leases, can you provide the money factor, and redsidual value percentages? I am trying to get a lease for $145 a month (not including taxes) with just $1,000 drive off. It looks like I might be close .

  • kyfdxkyfdx Posts: 29,100

    @audieddy said: KYFDX looking for help again (you helped me immensly on prior BMW and Audi leases) . This is for my daughter leasing a VW Jetta S. Got a price quote of $15,420 (includes a special $500 rebate for attending a car show) for a Jetta with automatic that MSRP'd for $18,815. For both 24 and 36 month 10k miles leases, can you provide the money factor, and redsidual value percentages? I am trying to get a lease for $145 a month (not including taxes) with just $1,000 drive off. It looks like I might be close .

    .00018 MF and 55% for 36mo. 10K/yr. $1000 lease cash.

    24 month residual is 66%

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  • rmc03rmc03 Posts: 5

    Hi there, please can I get the money factor and residual on a 2014 Jetta SE Sedan

    24 month lease, 15,000 miles and 12,000 miles options in California.

    Thanks a lot

  • kyfdxkyfdx Posts: 29,100

    @rmc03 said: Hi there, please can I get the money factor and residual on a 2014 Jetta SE Sedan

    24 month lease, 15,000 miles and 12,000 miles options in California.

    Thanks a lot

    .00004 MF and 58% residual. $1250 lease cash. Add 2% for 12K/yr.

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  • sendogsendog Posts: 2
    edited March 23

    @kyfdx@Edmunds would you be so kind to share the money factor and residuals for:

    2014 Jetta GLI Autobahn w/ Nav (DSG) and the 2014 Jetta GLI Edition 30 w/ Nav (DSG)

    Many thanks!

  • kyfdxkyfdx Posts: 29,100

    @sendog said: kyfdx@Edmunds would you be so kind to share the money factor and residuals for:

    2014 Jetta GLI Autobahn w/ Nav (DSG) and the 2014 Jetta GLI Edition 30 w/ Nav (DSG)

    Many thanks!

    .00031 MF and 55% residual for 36mo, 15K/yr.

    As far as I can tell, all GLI models have the same program.

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  • bvdj84bvdj84 Posts: 1,721

    Okay, got a quote. Trading in my 2011 Jetta SE conv/rf. for a 2014 Jetta SE roof, con. 48mth, 12k, $0 due, $350 a month. Same payment as my 2011 lease. Does this sound okay. I wanted to upgrade to the SEL, but is that realistic.I wanted to upgrade since with each lease I like to get a step up from the past. They are giving me 10,500 for the 2011 Jetta. What do you guys think? Deal? Or try to get something better. Thank you as always!

  • MichaellMichaell ColoradoPosts: 5,504

    @bvdj84 said: Okay, got a quote. Trading in my 2011 Jetta SE conv/rf. for a 2014 Jetta SE roof, con. 48mth, 12k, $0 due, $350 a month. Same payment as my 2011 lease. Does this sound okay. I wanted upgrade to the SEL, but is that realistic.I wanted to upgrade since with each lease I like to get a step up from the past. They are giving me 10,500 for the 2011 Jetta. What do you guys think? Deal? Or try to get something better. Thank you as always!

    Can you provide the MSRP, selling price, money factor and residual for the 2014 SE?

    Also, what's the payoff on the 2011? Are they rolling negative equity into your new lease?

    Is the $0 due really no money out of pocket, even for fees? True sign and drive?

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  • bvdj84bvdj84 Posts: 1,721

    Yes, I will get that today. My pay off is about 14,500. They said it was $0 down deal, no first payment. $350 with taxes. I am not sure what selling price. I would actually like to know. I am having a much better experience with them. But, the deal may not be as good as I think. Can I get a lower payment or would I be asking too much? I will get the other info about the lease.

  • MichaellMichaell ColoradoPosts: 5,504

    @bvdj84 said: Yes, I will get that today. My pay off is about 14,500. They said it was $0 down deal, no first payment. $350 with taxes. I am not sure what selling price. I would actually like to know. I am having a much better experience with them. But, the deal may not be as good as I think. Can I get a lower payment or would I be asking too much? I will get the other info about the lease.

    Yes, I think getting a break down of all the numbers would be a good next step, especially with the trade involved.

    With the numbers revealed, we can then determine if there is any room to lower the payment.

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  • bvdj84bvdj84 Posts: 1,721
    Selling price is $21,900
    Residual is 46%
    The money factor is less than 1%.

    Is this good? True car has average at 22,400.
  • MichaellMichaell ColoradoPosts: 5,504

    @bvdj84 said: Selling price is $21,900 Residual is 46% The money factor is less than 1%.
    Is this good? True car has average at 22,400.

    The residual quoted is spot on. The money factor I've got is .00056, or 1.34%. Rolling in $3000 of negative equity absolutely raises the monthly payment.

    I get a pre-tax amount of $320.07 for 48 months. With 9% sales tax that comes to $348.87.

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  • bvdj84bvdj84 Posts: 1,721
    edited March 28

    So, would you recommend doing this or just keep my current lease-get a loan on it. I am so confused or stumped on what I should do. Should I just trade? I wanted to lease again to avoid a loan with extended insurance coverage. My salesman wanted an answer from me today. He text me. I think they are trying to help.

  • MichaellMichaell ColoradoPosts: 5,504

    @bvdj84 said: So, would you recommend doing this or just keep my current lease-get a loan on it. I am so confused or stumped on what I should do. Should I just trade? I wanted to lease again to avoid a loan with extended insurance coverage. My salesman wanted an answer from me today. He text me. I think they are trying to help.

    When does your current lease expire? If you wait until then, you can turn it in and not worry about negative equity rolling into your next lease.

    If you like the '14 enough to continue with the same payment as you're making now, then pull the trigger.

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  • bvdj84bvdj84 Posts: 1,721
    edited March 28

    That's the issue. I am over my miles! Hence the negative equity. Also I am a little shocked on how the values of the 2011 jettas. They are lower that I would expect. I will be moving closer to work, so mileage won't be an issue as much. Is there any other VW leasing really well like the Jetta? I think trading is best, but feel silly trading for the same car. That is why I feel odd about it all. I know people do this all the time though. my current lease not due until Dec 2014 with a max of 48,000 miles. I have 52,700. Thank you so much for the advice!! ;) Appreciate it!!!

  • MichaellMichaell ColoradoPosts: 5,504

    @bvdj84 said: That's the issue. I am over my miles! Hence the negative equity. Also I am a little shocked on how the values of the 2011 jettas. They are lower that I would expect. I will be moving closer to work, so mileage won't be an issue as much. Is there any other VW leasing really well like the Jetta? I think trading is best, but feel silly trading for the same car. That is why I feel odd about it all. I know people do this all the time though. my current lease not due until Dec 2014 with a max of 48,000 miles. I have 52,700. Thank you so much for the advice!! ;) Appreciate it!!!

    Ah - now I get it. At lease end you'll have to either A) cough up the excess mileage charges; B) buy the car outright, or C) find an amenable dealer who will eat some of that negative equity to get you into something new.

    VW has been pushing the Jetta and Passat heavily for some time now; I don't see other VW models that have the same level of lease support on them.

    If you are keeping the same payment as you have now, and can drive a car that is 3 model years newer, that may be the best way to go.

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  • stickguystickguy Posts: 14,606

    Keep in mind it is not the same car. The new power train is a vast improvement and the interior (and telematics) have been upgraded. It just looks the same!

    2013 Acura RDX (wife's), 2007 Volvo S40 (daughter stole that one), and 2000 Acura TL (formerly son's, now mine again)

  • bvdj84bvdj84 Posts: 1,721
    Okay! Thank you for the information!! This has helped greatly!!! This all confirms that they are wanting to help. Ideally I was wanting a lower payment. But it doesn't look like it's possible. I am wanting to move and consolidate. They did mention wanting to move more cars. I will update you on my choice.
  • stickguystickguy Posts: 14,606

    At least with the upgrade you have cost certainty. 2 years free maintenance and covered by warranty. As a bonus, better MPg!

    2013 Acura RDX (wife's), 2007 Volvo S40 (daughter stole that one), and 2000 Acura TL (formerly son's, now mine again)

  • bvdj84bvdj84 Posts: 1,721

    That is very true! The dealer is telling me I have through to Monday for current incentive. Though, I am sure itll remain similar for April. But, dealer wants to beat their record this month. I am thinking I want to trade for the reason of warranty, avoid a big loan. The 2014 does have a few more features too! Though, they will have to go find an SE with a roof. They don't have one. Now, its picking the color. I love my white gold! I was thinking black?!, with cornsilk. I have cornsilk now and love it.

  • MichaellMichaell ColoradoPosts: 5,504

    @bvdj84 said: That is very true! The dealer is telling me I have through to Monday for current incentive. Though, I am sure itll remain similar for April. But, dealer wants to beat their record this month. I am thinking I want to trade for the reason of warranty, avoid a big loan. The 2014 does have a few more features too! Though, they will have to go find an SE with a roof. They don't have one. Now, its picking the color. I love my white gold! I was thinking black?!, with cornsilk. I have cornsilk now and love it.

    Never a good idea to assume that the incentives will carry over from one month to the next. It will probably be the end of this week or the beginning of next week before we have the April numbers.

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  • bvdj84bvdj84 Posts: 1,721
    edited March 31

    What are the chances of me getting a SEL deal similar to this? I have seen several on ebay posted for very close price to SE. They have plenty of these on their lot, but no SE with roof at all. They would have to send a driver to go get it.

  • MichaellMichaell ColoradoPosts: 5,504

    @bvdj84 said: What are the chances of me getting a SEL deal similar to this? I have seen several on ebay posted for very close price to SE. They have plenty of these on their lot, but no SE with roof at all. They would have to send a driver to go get it.

    If you don't ask, you don't get. Can't hurt to try. You might want to see if there are any posts on the "Jetta Prices Paid" discussion to see if the pricing you want is possible.

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  • bvdj84bvdj84 Posts: 1,721

    No recent posts. Though someone had a lease quote for around my deal. Is it worth going for the SEL. Truly. The nav would be nice, but it might be overkill. Though, the dealer just told me they got 2 new fresh off the truck. Still no SE with roof. As you can tell, I move slow to make a deal. I just want the best deal.

  • MichaellMichaell ColoradoPosts: 5,504

    @bvdj84 said: No recent posts. Though someone had a lease quote for around my deal. Is it worth going for the SEL. Truly. The nav would be nice, but it might be overkill. Though, the dealer just told me they got 2 new fresh off the truck. Still no SE with roof. As you can tell, I move slow to make a deal. I just want the best deal.

    A good deal on the wrong car won't work, nor will a bad deal on the right car. Keep us informed as to how everything turns out.

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  • bvdj84bvdj84 Posts: 1,721

    update: Now they have stated that there is 2,000 extra to play with. They are willing to lose money and meet their month goal. ;). True or not, but now they stated they can go $350 for SEL or $20 less for the SE. What would you do. Keep in mind I am wanting to be practically and move closer to work this year. I asked what the 2k would do to payment and this is what they replied with.

  • bvdj84bvdj84 Posts: 1,721

    Update: Now they offered me $299 including tax, $0 down, 36mth, 12k a year lease on an SEL. Deal or no deal? I am actually shocked they are down that low! I wonder how low they can go on an SE, but they have none with roof.

  • MichaellMichaell ColoradoPosts: 5,504

    @bvdj84 said: Update: Now they offered me $299 including tax, $0 down, 36mth, 12k a year lease on an SEL. Deal or no deal? I am actually shocked they are down that low! I wonder how low they can go on an SE, but they have none with roof.

    They are really trying to make some sort of volume bonus if they are offering you an SEL for under $300/mo.

    If you're happy with the deal - remember, you were shooting for $350/mo on an SE - and there aren't any tricks with the negative equity in your current car, it looks good.

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  • bvdj84bvdj84 Posts: 1,721

    I know right!! Looks too good to be true! It is actually saving me $50 to trade though. I was shocked to get a reply with this. I do need to ask how my trade and negative equity is factoring into it all.

  • bvdj84bvdj84 Posts: 1,721

    What are April's Residuals and money factor? I didn't complete a deal yet. They said that they are still aggressive like last month. I just knew they wouldn't drop their incentives when sales are lower. Please update me with incentives too. Atleast now I can slow down and do this with less rush.

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