2015 Volkswagen GTI Lease Questions

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  • tworotor7tworotor7 Member Posts: 4
    edited October 2015
    Hey Kyfdx,

    Thanks for all the info in the thread.

    I just got back from the dealer..

    2016 GTI S, 6-speed, 4 door.
    New Jersey
    .00208 MF and 50% residual for 48mo, 15k/yr.

    Dealer says the MF and residual are both set numbers and cannot be changed by him. Do these seem right? I have perfect credit. At first he said MF was .0016, but that was for a 36mo lease supposably.. Just making sure Im getting a decent deal.

    Thanks again!
  • kyfdxkyfdx Moderator Posts: 267,273
    tworotor7 said:

    Hey Kyfdx,

    Thanks for all the info in the thread.

    I just got back from the dealer..

    2016 GTI S, 6-speed, 4 door.
    New Jersey
    .00208 MF and 50% residual for 48mo, 15k/yr.

    Dealer says the MF and residual are both set numbers and cannot be changed by him. Do these seem right? I have perfect credit. At first he said MF was .0016, but that was for a 36mo lease supposably.. Just making sure Im getting a decent deal.

    Thanks again!

    .00208 MF and 50% is correct for 48/15

    .00165 MF and 57% for 36/15

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  • tworotor7tworotor7 Member Posts: 4
    kyfdx said:

    tworotor7 said:

    Hey Kyfdx,

    Thanks for all the info in the thread.

    I just got back from the dealer..

    2016 GTI S, 6-speed, 4 door.
    New Jersey
    .00208 MF and 50% residual for 48mo, 15k/yr.

    Dealer says the MF and residual are both set numbers and cannot be changed by him. Do these seem right? I have perfect credit. At first he said MF was .0016, but that was for a 36mo lease supposably.. Just making sure Im getting a decent deal.

    Thanks again!

    .00208 MF and 50% is correct for 48/15

    .00165 MF and 57% for 36/15
    Thanks!
  • ongnoi84ongnoi84 Member Posts: 2
    edited October 2015
    Hi kyfdx,

    I'm looking for a second opinion on my lease deal (36/10). The GTI I'm interested in is a 2015 3-door with DSG and Lighting Package. Here's the details:

    MSRP: $27,935
    Cap Cost: $22,911
    Monthly Payment: $260

    No money down at all. The use sales tax in MN is 6.5%.

    Thank you for your input!
  • MichaellMichaell Moderator Posts: 263,494
    ongnoi84 said:

    Hi kyfdx,

    I'm looking for a second opinion on my lease deal (36/10). The GTI I'm interested in is a 2015 3-door with DSG and Lighting Package. Here's the details:

    MSRP: $27,935
    Cap Cost: $22,911
    Monthly Payment: $260

    No money down at all. The use sales tax in MN is 6.5%.

    Thank you for your input!

    .00045 and 54% for 36/10 on the 2015 GTI.

    Using your MSRP and cap cost, I get $250/mo with 6.5% tax. Must be a fee added into the cap cost somewhere ($360 worth, to be exact).

    Still, that's a pretty good deal for a GTI.

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  • ongnoi84ongnoi84 Member Posts: 2
    Thank you for your input, Michaell! The registration and title fees is right around $375. That makes sense with your assessment.
  • MichaellMichaell Moderator Posts: 263,494
    ongnoi84 said:

    Thank you for your input, Michaell! The registration and title fees is right around $375. That makes sense with your assessment.

    Exactly.

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  • calguitar71calguitar71 Member Posts: 6
    Looking to lease 2016 4dr SE w/ PP and LP for 10mi 36mo in california. A dealer agreed to 3510 off MSRP but is giving me $399/mo + tax. That seems too high for me. Can someone help me out with math here? Thank you!
  • MichaellMichaell Moderator Posts: 263,494

    Looking to lease 2016 4dr SE w/ PP and LP for 10mi 36mo in california. A dealer agreed to 3510 off MSRP but is giving me $399/mo + tax. That seems too high for me. Can someone help me out with math here? Thank you!

    Answered in the other thread you posted in.

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  • rangerjoe0rangerjoe0 Member Posts: 1
    edited November 2015
    Can someone please provide the MF and residual for a 2015 2 door SE with PP in MA? I'm looking at a 36/12 lease. This will be a DSG.

    Thanks!
  • MichaellMichaell Moderator Posts: 263,494

    Can someone please provide the MF and residual for a 2015 2 door SE with PP in MA? I'm looking at a 36/12 lease. This will be a DSG.

    Thanks!

    .00020 and 52%. $1000 lease cash.

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  • hockeymutt144hockeymutt144 Member Posts: 2
    found a remaining 2015 what are the numbers for 36/10 or 24/10 which ever will be best thanks in advance!
  • MichaellMichaell Moderator Posts: 263,494

    found a remaining 2015 what are the numbers for 36/10 or 24/10 which ever will be best thanks in advance!

    .00020 and 56% (36/10) or 63% (24/10).

    $250 lease cash.

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  • hockeymutt144hockeymutt144 Member Posts: 2
    edited December 2015
    thanks! I'm getting 5k off and they said they would match true car at 6k, msrp is 35 and change
    -6k discount plus rolling in my last 5 lease payments ($1800) with tax/title i get at 36/10 $356 a month and the difference in going for a 2016 is about $75 a month i think its worth it to get a 2015
  • gcarsf28gcarsf28 Member Posts: 2
    Hi Guys,

    So I signed a lease for a 2015 GTI back at the end of July, and I just wanted to see what kind of deal I got. This is the first car I've ever bought/leased and I definitely want to make sure that I learn from the experience if I could've done better.

    The GTI is a 2015 4 door SE, MSRP was $31,000 and the agreed upon purchase price was $29,400. Residual was 54% or $16,740

    The gross cap cost was $30,174 which included a $149 service contract and the $625 acq fee.

    I put $1,500 down which amounted to a capital cost reduction of 598.36 after the other fees.

    Adjusted cap cost =29575.64
    Base payments = 14086.44 = (1250.80 rent charge + 12835.64 depreciation)

    Money factor = .00075

    36 mo lease for 12k miles
    391.29 base payment+34.24 sales tax
    =425.53 monthly payment

    How did I do?
  • MichaellMichaell Moderator Posts: 263,494
    gcarsf28 said:

    Hi Guys,

    So I signed a lease for a 2015 GTI back at the end of July, and I just wanted to see what kind of deal I got. This is the first car I've ever bought/leased and I definitely want to make sure that I learn from the experience if I could've done better.

    The GTI is a 2015 4 door SE, MSRP was $31,000 and the agreed upon purchase price was $29,400. Residual was 54% or $16,740

    The gross cap cost was $30,174 which included a $149 service contract and the $625 acq fee.

    I put $1,500 down which amounted to a capital cost reduction of 598.36 after the other fees.

    Adjusted cap cost =29575.64
    Base payments = 14086.44 = (1250.80 rent charge + 12835.64 depreciation)

    Money factor = .00075

    36 mo lease for 12k miles
    391.29 base payment+34.24 sales tax
    =425.53 monthly payment

    How did I do?

    I get the same base payment ... GTI's are popular, so there isn't much discounting on them.

    Looks like a solid deal.

    Go enjoy your GTI ...

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  • gcarsf28gcarsf28 Member Posts: 2
    Michaell said:

    gcarsf28 said:

    Hi Guys,

    So I signed a lease for a 2015 GTI back at the end of July, and I just wanted to see what kind of deal I got. This is the first car I've ever bought/leased and I definitely want to make sure that I learn from the experience if I could've done better.

    The GTI is a 2015 4 door SE, MSRP was $31,000 and the agreed upon purchase price was $29,400. Residual was 54% or $16,740

    The gross cap cost was $30,174 which included a $149 service contract and the $625 acq fee.

    I put $1,500 down which amounted to a capital cost reduction of 598.36 after the other fees.

    Adjusted cap cost =29575.64
    Base payments = 14086.44 = (1250.80 rent charge + 12835.64 depreciation)

    Money factor = .00075

    36 mo lease for 12k miles
    391.29 base payment+34.24 sales tax
    =425.53 monthly payment

    How did I do?

    I get the same base payment ... GTI's are popular, so there isn't much discounting on them.

    Looks like a solid deal.

    Go enjoy your GTI ...
    Okay thanks for the input. Is my money factor reasonable? This is in the San Francisco Bay Area.
  • MichaellMichaell Moderator Posts: 263,494
    gcarsf28 said:

    Michaell said:

    gcarsf28 said:

    Hi Guys,

    So I signed a lease for a 2015 GTI back at the end of July, and I just wanted to see what kind of deal I got. This is the first car I've ever bought/leased and I definitely want to make sure that I learn from the experience if I could've done better.

    The GTI is a 2015 4 door SE, MSRP was $31,000 and the agreed upon purchase price was $29,400. Residual was 54% or $16,740

    The gross cap cost was $30,174 which included a $149 service contract and the $625 acq fee.

    I put $1,500 down which amounted to a capital cost reduction of 598.36 after the other fees.

    Adjusted cap cost =29575.64
    Base payments = 14086.44 = (1250.80 rent charge + 12835.64 depreciation)

    Money factor = .00075

    36 mo lease for 12k miles
    391.29 base payment+34.24 sales tax
    =425.53 monthly payment

    How did I do?

    I get the same base payment ... GTI's are popular, so there isn't much discounting on them.

    Looks like a solid deal.

    Go enjoy your GTI ...
    Okay thanks for the input. Is my money factor reasonable? This is in the San Francisco Bay Area.
    I think that's what the rate was in July, but I don't have the information any longer to confirm.

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  • Vito DiGiorgioVito DiGiorgio Member Posts: 88
    edited February 2016
    sorry answered in other thread
  • Vito DiGiorgioVito DiGiorgio Member Posts: 88
    MF and residual for March on 2015 GTI leftovers

    36/12 36/15
    39/12 39/15

    thank you
  • MichaellMichaell Moderator Posts: 263,494
    pizan619 said:

    MF and residual for March on 2015 GTI leftovers

    36/12 36/15
    39/12 39/15

    thank you

    36/15 - .00065 and 52%
    39/15 - .00115 and 50%

    Add 2% for 12K

    $1000 lease cash.

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  • Vito DiGiorgioVito DiGiorgio Member Posts: 88
    quick question because i want to be prepared for negotiating tomorrow.

    In regards to the lease cash, presidents day bonus, and loyalty bonus....are the dealers reimbursed by vw for these bonuses? I ask because i dont want the dealer to say we are already giving you 2k off msrp with bonuses so we cant go any lower on the sale price if they are actually not really giving away that money since its coming back to them later on.

    thanks for the info.

    im looking to get an SE with lighting MSRP 31015 for about 25500 but i also qualify for 1000 lease cash, 500 presidents day bonus, and 500 loyalty bonus so i want to be able to use that cash on top of negotiated price
  • MichaellMichaell Moderator Posts: 263,494
    pizan619 said:

    quick question because i want to be prepared for negotiating tomorrow.

    In regards to the lease cash, presidents day bonus, and loyalty bonus....are the dealers reimbursed by vw for these bonuses? I ask because i dont want the dealer to say we are already giving you 2k off msrp with bonuses so we cant go any lower on the sale price if they are actually not really giving away that money since its coming back to them later on.

    thanks for the info.

    im looking to get an SE with lighting MSRP 31015 for about 25500 but i also qualify for 1000 lease cash, 500 presidents day bonus, and 500 loyalty bonus so i want to be able to use that cash on top of negotiated price

    Research your prices to figure out a fair deal before incentives.

    So far as I know, the incentives come from VW and not the dealer.

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  • anthony713anthony713 Member Posts: 29
    Residual and MF for Feb on GTI SE w PP 3yr 36K mi
  • MichaellMichaell Moderator Posts: 263,494

    Residual and MF for Feb on GTI SE w PP 3yr 36K mi

    .00065 and 54%. $1000 lease cash.

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  • Vito DiGiorgioVito DiGiorgio Member Posts: 88
    Any change to the March numbers? Lease cash? Incentives?
    Residual and MF for 2015 model leftovers
    36/12

    Thanks for all your help.
  • MichaellMichaell Moderator Posts: 263,494
    pizan619 said:

    Any change to the March numbers? Lease cash? Incentives?
    Residual and MF for 2015 model leftovers
    36/12

    Thanks for all your help.

    .00125 and 59%. $250 lease cash.

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  • kyfdxkyfdx Moderator Posts: 267,273
    pizan619 said:

    Any change to the March numbers? Lease cash? Incentives?
    Residual and MF for 2015 model leftovers
    36/12

    Thanks for all your help.

    2015 GTI:

    .00188 MF and 50% residual.

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