2014 Volkswagen Jetta Lease Questions

kyfdx

leescott said:

Could I please have the rate and residual for a MY15 Jetta 1.8T SE with connectivity 36 mo, 12K miles? Also, is there any lease cash available?

Thanks.

.00030 MF and 57% residual. $500 lease cash. + $500 Black Friday bonus cash.

leescott

kyfdx said:

leescott said:

Could I please have the rate and residual for a MY15 Jetta 1.8T SE with connectivity 36 mo, 12K miles? Also, is there any lease cash available?

Thanks.

.00030 MF and 57% residual. $500 lease cash. + $500 Black Friday bonus cash.

Perfect, thanks for posting this so quickly!

tliddle

Hello! Could you please advise if the following numbers are OK for 2014 Jetta S automatic:
$123/month with $2000 down, 36k miles for 36 months. Thanks

tliddle

tliddle said:

Hello! Could you please advise if the following numbers are OK for 2014 Jetta S automatic:
$123/month with $2000 down, 36k miles for 36 months. Thanks

That is including all the taxes and fees.

Michaell

tliddle said:

tliddle said:

Hello! Could you please advise if the following numbers are OK for 2014 Jetta S automatic:
$123/month with $2000 down, 36k miles for 36 months. Thanks

That is including all the taxes and fees.

What are the MSRP and selling prices? How does the $2000 up front get applied?

Seems a good deal on the surface, but the devil is in the details.

tliddle

OK. Actually, additional protection was included in Gross Cap Cost, so precise monthly payment is $136/mo. MSRP is $19385. Negotiated price is 13,717. Adjusted cap. cost 14759. Residual 70%. Rent charge is 405. So, it appears that MF is 0.00045 or 1.08% rate?
Actually, I offered to put $2000 down myself, so why does it make a difference how was it applied?
Thank you.

Michaell

tliddle said:

OK. Actually, additional protection was included in Gross Cap Cost, so precise monthly payment is $136/mo. MSRP is $19385. Negotiated price is 13,717. Adjusted cap. cost 14759. Residual 70%. Rent charge is 405. So, it appears that MF is 0.00045 or 1.08% rate?
Actually, I offered to put $2000 down myself, so why does it make a difference how was it applied?
Thank you.

Is this lease through VW Credit? The VW Credit numbers do show a MF of .00045, but the 36/12 residual is 53%. Not sure where the 70% is coming from .. I've never seen a 36 month residual that high on any make or model.

tliddle

Yes, it is through VW Credit. Is it good or is it bad if residual is that high? It's $4485 in depreciation over 3 years.
Well, maybe it is because the negotiated price is low, maybe not. After all, it doesn't matter to me. What matters to me is how my total numbers are compared to those from other VW dealers or makes.

Please correct me if I'm wrong, but all those numbers like MF and residual are relative numbers that are useful to compare vehicles of different classes and different trims.
But there are people who just need the cheapest lease possible including myself. And for them it can be done by comparing absolute numbers like total of payments (monthly payments + money down).

Michaell

tliddle said:

Yes, it is through VW Credit. Is it good or is it bad if residual is that high? It's $4485 in depreciation over 3 years.
Well, maybe it is because the negotiated price is low, maybe not. After all, it doesn't matter to me. What matters to me is how my total numbers are compared to those from other VW dealers or makes.

Please correct me if I'm wrong, but all those numbers like MF and residual are relative numbers that are useful to compare vehicles of different classes and different trims.
But there are people who just need the cheapest lease possible including myself. And for them it can be done by comparing absolute numbers like total of payments (monthly payments + money down).

The residual is set by VW credit and cannot be modified by the dealer.

If you focus only on the monthly payment you may feel like you are getting the deal you want but the dealer can manipulate the numbers to make them extra profit. You, on the other hand, could have gotten an even lower payment by paying attention to the mechanics of a lease deal.

gt12109

2014 Jetta GLI - Edition 30 DSG
MSRP: $29,645
Internet Price: $25,593
36 M / 12 K
$0.00 money down, no fees, no registration fees, no nothing
Got a quote from the dealer today - $361 with MA Sales Tax of 6.25%

I used 53% RV and 0.00015 MF and got to that number. My calcs;
Cap Cost: $25,593.00
RV: $13,564.29
Monthly before tax: $340.00
Monthly w/6.25% MA tax: $361.25

Questions; Am I running the calcs right? Are there any other incentives or dealer cash available to bring the price down before a bit of haggling?

kyfdx

gt12109 said:

2014 Jetta GLI - Edition 30 DSG
MSRP: $29,645
Internet Price: $25,593
36 M / 12 K
$0.00 money down, no fees, no registration fees, no nothing
Got a quote from the dealer today - $361 with MA Sales Tax of 6.25%

I used 53% RV and 0.00015 MF and got to that number. My calcs;
Cap Cost: $25,593.00
RV: $13,564.29
Monthly before tax: $340.00
Monthly w/6.25% MA tax: $361.25

Questions; Am I running the calcs right? Are there any other incentives or dealer cash available to bring the price down before a bit of haggling?

Residual value is a percentage of the MSRP, not the CAP cost. Residual is $15,711.85

I would guess that the CAP cost is not $25,593. You may not be paying registration, acquisition fee, etc, upfront, but they have to be paid somewhere. Ask the dealer for the CAP cost and a breakdown of the amount (selling price, fees, registration, etc).

Your money factor and residual percentage are correct. You are calculating somewhat correctly, but you don't have all of the information needed (CAP cost) and you were incorrectly applying the residual percentage.

gt12109

So I am agreeing to a deal for $339.45 per month.  36 Months, 12K and Zero Down, Zero first month payment.  RV is 15711.85, MF 0.00015, I got to a Cap Cost of 26984.01.  MSRP was 29645.  so i am paying 11272 in depreciation for the 36 months.  Payment before taxes 319.52. Just throwing it out there for a comparison. How do you think I did? Sales Manager was giving me a hard time about getting a good deal but I think I got the car I wanted for an ok deal, could have been better but would have taken more time.   

kyfdx

gt12109 said:

So I am agreeing to a deal for $339.45 per month.  36 Months, 12K and Zero Down, Zero first month payment.  RV is 15711.85, MF 0.00015, I got to a Cap Cost of 26984.01.  MSRP was 29645.  so i am paying 11272 in depreciation for the 36 months.  Payment before taxes 319.52. Just throwing it out there for a comparison. How do you think I did? Sales Manager was giving me a hard time about getting a good deal but I think I got the car I wanted for an ok deal, could have been better but would have taken more time.   

Looks like you did well. Congrats on the new Jetta!

warbern

I'm interested in leasing a 2014 Jetta SE Sedan in Manual with Connectivity and Sunroof. Could someone please tell me the MF and RV for a 36/10 lease in South Florida. Also, how much discount can I expect? I was thinking 20-25% off MSRP at this time of year should be attainable. Thanks in advance for your help!

Michaell

warbern said:

I'm interested in leasing a 2014 Jetta SE Sedan in Manual with Connectivity and Sunroof. Could someone please tell me the MF and RV for a 36/10 lease in South Florida. Also, how much discount can I expect? I was thinking 20-25% off MSRP at this time of year should be attainable. Thanks in advance for your help!

.00028 and 53%. $2750 lease cash

rod_farva

Looking for residual and MF for 2014 Jetta Value Edition. Dealers are offering these for $5k off MSRP. Will that price hold up for a lease, or are there incentives in there that only apply to a purchase?

Thanks!

kyfdx

rod_farva said:

Looking for residual and MF for 2014 Jetta Value Edition. Dealers are offering these for $5k off MSRP. Will that price hold up for a lease, or are there incentives in there that only apply to a purchase?

Thanks!

Is the Value Edition a TDI?

If so,

.00065 MF and 55% residual for 36mo, 15K/yr with $1750 lease cash.

It's possible that the $5000 off would apply to a lease, but I sort of doubt it.. Probably some big sales incentives that get replaced by the $1750 lease cash. But, it sure doesn't hurt to ask..

If the Value Edition isn't the TDI, then come back and tell me which model..

rod_farva

Thanks. As far as I know, the only Value Edition available is a TDI. No gas models are designated this way.

carshopper454

Can anyone provide the MF and residual for a 2014 Jetta 1.8L SE w/connectivity, 36 months, 12K in Virginia?

Also, anything special I should know about VW leases? This would be my first lease.

Thanks

kyfdx

carshopper454 said:

Can anyone provide the MF and residual for a 2014 Jetta 1.8L SE w/connectivity, 36 months, 12K in Virginia?

Also, anything special I should know about VW leases? This would be my first lease.

Thanks

.00028 MF and 52% residual. $2750 lease cash.

Are you looking at the advertised lease special on the manual transmission unit with an MSRP of $21,535?

carshopper454

I was unaware of that special. Thanks for letting me know. Going for a test drive later today.

jsk8716

Hello,

Can anyone help me with numbers for 2015 Jetta 1.8T Sport and SE w/connectivity and nav?

Automatic, 36/15k, Washington state.

Thank you

Michaell

jsk8716 said:

Hello,

Can anyone help me with numbers for 2015 Jetta 1.8T Sport and SE w/connectivity and nav?

Automatic, 36/15k, Washington state.

Thank you

.00024 MF and $250 lease cash for both.

SE - 54% for 36/15. Add 1% for Sport trim.

bassmiesternj

Does this make sense ?

JETTA GLI SEL Auto

MSRP: $31,600
CAP COST: $29,000
MF: .00089
RV: 59%

$350/month, 12k, 36-months

$1700.00 inception fee: $625 bank fee, 14.75 NJ Tire tax, temp plates $229.50, $299 doc fee, $532 state sales tax

bassmiesternj

.

Michaell

bassmiesternj said:

Does this make sense ?

JETTA GLI SEL Auto

MSRP: $31,000
CAP COST: $29,000
MF: .00089
RV: 59%

$350/month, 12k, 36-months

$1700.00 inception fee: $625 bank fee, 14.75 NJ Tire tax, temp plates $229.50, $299 doc fee, $532 state sales tax

I confirm both the .00089 MF and 59% residual for 36/12.

Plugging in your MSRP and cap cost, I get a pre-tax payment of $339.59/mo. Seems like something's been added to the cap cost to account for the extra $10/mo ($360 for the lease term).

bassmiesternj

Thanks for the info.

MSRP: $31,600 (sorry about the typo in the original message) This is my first quote for this vehicle. Not a bad starting point I guess, just have to trim the out of pocket inception fee and a little off the monthly.

Michaell

bassmiesternj said:

Thanks for the info. This is my first quote for this vehicle. Not a bad starting point I guess, just have to trim the out of pocket inception fee and a little off the monthly.

The best way to do that is to negotiate a lower selling price ... don't negotiate the payment.

bassmiesternj

I'm thinking a CAP cost around $27.5K

fritz21

Any February numbers for a 2014 Jetta GLI Edition 30 with and without nav? 12 and 15k miles.

kyfdx

fritz21 said:

Any February numbers for a 2014 Jetta GLI Edition 30 with and without nav? 12 and 15k miles.

.00162 MF and 52%/50% residual

k_e_n

Hi, could I have numbers for 2015 Jetta SE Automatic, 10k/36 months. Thanks in advance! 

Michaell

k_e_n said:

Hi, could I have numbers for 2015 Jetta SE Automatic, 10k/36 months. Thanks in advance! 

.00089 and 57%. $1000 lease cash.

ptr1nyc

Can you please provide numbers for 2015 Jetta SEL TDI 12k/36. Thanks!

Michaell

ptr1nyc said:

Can you please provide numbers for 2015 Jetta SEL TDI 12k/36. Thanks!

.00089 and 60%. $1000 lease cash.

Kirstie_H

A reporter is looking to talk with a recent car buyer who traded a non-turbocharged car for one that is turbocharged. If you are interested in sharing your driving impressions, please email PR@edmunds.com with your daytime contact info no later than Tues, Feb 17, 2015.

canderson5

Hello!

I hope I am asking this question in the correct discussion.

My husband has a 32 month 35,000 mile lease with his VW Jetta. The lease began 12/31/13. 

He is going active duty status in the Navy July 14 and may break his lease under the Servicemembers Civil Relief Act. Under law he cannot be charged a $350 early termination fee. However, we are responsible for any taxes, excessive wear and tear and mileage.

We are planning to turn our lease in sometime in June following the approval and inspection. We are currently 2,000 miles over the prorated mileage to this date of our lease and expect to go over another 1,000 by June. We, of course, expected to see in our lease a per mile charge for excessive mileage.

We have looked our lease up and down and do see the statement for the per mile overage charge and it was left completely blank. No zero. Just blank. Everything else was typed in all the blanks in the contract whether it was a number or N/A, but this blank was left empty.

Is this what we think it means? This is a legal binding contract. Will this part of the lease be honored? Could we in fact pay nothing for our overage in miles?

Please share your thoughts! Much appreciated!

Chrissy

kyfdx

canderson5 said:

Hello!

I hope I am asking this question in the correct discussion.

My husband has a 32 month 35,000 mile lease with his VW Jetta. The lease began 12/31/13. 

He is going active duty status in the Navy July 14 and may break his lease under the Servicemembers Civil Relief Act. Under law he cannot be charged a $350 early termination fee. However, we are responsible for any taxes, excessive wear and tear and mileage.

We are planning to turn our lease in sometime in June following the approval and inspection. We are currently 2,000 miles over the prorated mileage to this date of our lease and expect to go over another 1,000 by June. We, of course, expected to see in our lease a per mile charge for excessive mileage.

We have looked our lease up and down and do see the statement for the per mile overage charge and it was left completely blank. No zero. Just blank. Everything else was typed in all the blanks in the contract whether it was a number or N/A, but this blank was left empty.

Is this what we think it means? This is a legal binding contract. Will this part of the lease be honored? Could we in fact pay nothing for our overage in miles?

Please share your thoughts! Much appreciated!

Chrissy

I don't have any legal advice..

But, if your signature is on their copy of the lease.. and that number is on their copy, then you will probably have to pay what you owe.

If you are curious, call VCI and ask them what the charge per mile overage is on your lease.

scottsny

Hi All,
New to the leasing process. Interested in leasing a VW Jetta TDI SEL with $0 down (roll up of taxes and fees = $29K, except for DMV) 12K/36.
Does anyone know what the May lease factors (and how different they are from April) are and maybe an estimate of what would be a good monthly rate on what I'm looking for?

Michaell

scottsny said:

Hi All,
New to the leasing process. Interested in leasing a VW Jetta TDI SEL with $0 down (roll up of taxes and fees = $29K, except for DMV) 12K/36.
Does anyone know what the May lease factors (and how different they are from April) are and maybe an estimate of what would be a good monthly rate on what I'm looking for?

The VW numbers expire on 4/30. We won't have the May numbers until early next week.

PF_Flyer

For current leasing information, go to 2015 Volkswagen Jetta Lease Questions