2015 Volkswagen Jetta Lease Questions

chinoxs203

Michaell said:

chinoxs203 said:

kyfdx said:

chinoxs203 said:

2015 gli sel
Purchase price 29439
Net cap 29864
10k/36month

No money down. $377 a month inc taxes

After reading here this sounds like a very bad deal?

What is the MSRP?
What state and tax rate?

31600
CT. 6.35%

Thanks

.00010 and 58% for 36/10 on the GLI. Using your MSRP and net cap, I get a payment of $346/mo with tax. So, about $1000 too much. Not bad, but you'll know to research better on your next lease.

Thanks! All we did was sign a purchase order last night. I was able to speak with a financial advisor today who was writing up the paper work and had no problem changing the the MF from 00060 to 00010 after they ran the credit. Guess the salesman was full of crap

New payment is 360 w/tax but I added 12yr from 10yr.


They tried to sell me a package that I would basically pay up front for any damage they find on lease end. Is this something I should consider?

Michaell

chinoxs203 said:

Michaell said:

chinoxs203 said:

kyfdx said:

chinoxs203 said:

2015 gli sel
Purchase price 29439
Net cap 29864
10k/36month

No money down. $377 a month inc taxes

After reading here this sounds like a very bad deal?

What is the MSRP?
What state and tax rate?

31600
CT. 6.35%

Thanks

.00010 and 58% for 36/10 on the GLI. Using your MSRP and net cap, I get a payment of $346/mo with tax. So, about $1000 too much. Not bad, but you'll know to research better on your next lease.

Thanks! All we did was sign a purchase order last night. I was able to speak with a financial advisor today who was writing up the paper work and had no problem changing the the MF from 00060 to 00010 after they ran the credit. Guess the salesman was full of crap

New payment is 360 w/tax but I added 12yr from 10yr.


They tried to sell me a package that I would basically pay up front for any damage they find on lease end. Is this something I should consider?

Probably not ... if you take good care of your cars you shouldn't need it.

tarheelbmw

Looking for '15 TDI SEL Manual w/Lighting Pkg in NJ

What are the August Residual and MF ? 36mo / 15k

I'm assuming 36 month is still the most advantageous based on RV?

Is the VW supplier program eligible for all additional incentives?


Thanks,

Chris

Michaell

tarheelbmw said:

Looking for '15 TDI SEL Manual w/Lighting Pkg in NJ

What are the August Residual and MF ? 36mo / 15k

I'm assuming 36 month is still the most advantageous based on RV?

Is the VW supplier program eligible for all additional incentives?


Thanks,

Chris

.00040 and 54% for 36/15 on the TDI.

Yes, 36 months is the best term.

Don't know about supplier program and incentives, but I suspect yes.

tarheelbmw

Michaell said:

Looking for '15 TDI SEL Manual w/Lighting Pkg in NJ What are the August Residual and MF ? 36mo / 15k I'm assuming 36 month is still the most advantageous based on RV? Is the VW supplier program eligible for all additional incentives? Thanks, Chris

.00040 and 54% for 36/15 on the TDI. Yes, 36 months is the best term. Don't know about supplier program and incentives, but I suspect yes.

Thanks.   I'll let you know how I do. 

sanchezjessi

Hello Host. Could I please get a quote for the MF and RV of a 2015 Jetta VW w/ navigation for a 36mo 15kyr with $2,000 down at signing in the month of August in South Florida. Thank you in advance

kyfdx

sanchezjessi said:

Hello Host. Could I please get a quote for the MF and RV of a 2015 Jetta VW w/ navigation for a 36mo 15kyr with $2,000 down at signing in the month of August in South Florida. Thank you in advance

Is that the 1.8T SE model?

.00010 MF and 51% residual. $500 lease cash

sanchezjessi

Hello Kyfdx, yes the VW Jetta 2015 1.8T SE model. I'm on my way to the dealership now and will probably update the numbers in details. Thank you so much

sanchezjessi

Hello hoat, can you please assist me. I am at the dealership planning to lease a 2015 Jetta Passat MSRP $20,560 CAP $ 18,560.00 residual .00040 Money Factor $140.00 15k yr 36mo term customer cash down $2,053.86. Can you please verify if the cap cost if over because I believe it is. Thanks in advance

Michaell

sanchezjessi said:

Hello hoat, can you please assist me. I am at the dealership planning to lease a 2015 Jetta Passat MSRP $20,560 CAP $ 18,560.00 residual .00040 Money Factor $140.00 15k yr 36mo term customer cash down $2,053.86. Can you please verify if the cap cost if over because I believe it is. Thanks in advance

MF is marked up from the base of .00010.

Not sure what you mean by "cap cost if over" - over what?

mikemc237

Hi,

Looking for the MF and Residual for a 15K/36M on a 2015 Jetta SE 1.8T (TSI) no extra packages in maryland.

i see .00010 MF and 51% residual.above in thread just want to confirm its still the same.

thanks in advance!

sanchezjessi

Hello, last post. Appreciate your assistance. 2015 Lease for a Jetta VW SE MSRP $23,705 CAP $21,705 CASH DOWN $1,000 RESIDUAL 51% MONEY FACTOR .00040. MONTHLY payments about $230. Are these numbers accurate? I believe there's still room for negotiation. Please help

Michaell

sanchezjessi said:

Hello, last post. Appreciate your assistance. 2015 Lease for a Jetta VW SE MSRP $23,705 CAP $21,705 CASH DOWN $1,000 RESIDUAL 51% MONEY FACTOR .00040. MONTHLY payments about $230. Are these numbers accurate? I believe there's still room for negotiation. Please help

What lease term? If 36 months or less, the MF is marked up; base is .00010.

Michaell

mikemc237 said:

Hi,

Looking for the MF and Residual for a 15K/36M on a 2015 Jetta SE 1.8T (TSI) no extra packages in maryland.

i see .00010 MF and 51% residual.above in thread just want to confirm its still the same.

thanks in advance!

I confirm the MF and residual; there is also $500 lease cash.

sanchezjessi

Yes Michelle, it is a 36 mo lease 15k yr I apologize

Michaell

sanchezjessi said:

Yes Michelle, it is a 36 mo lease 15k yr I apologize

If you have top tier credit, you should not have a MF higher than the .00010 base rate I've quoted.

sanchezjessi

I apologize for the spell check. Yes Michaell*

mikemc237

Can someone please double check the math on this deal. i just received this quote and math is a little more complicated than usual so im having trouble matching their number because of me owing still on my trade in and the trade payoff. I cant get back to the number they quote. top tier credit so MF of .0010 and res of 51%. 2015 Jetta SE 1.8T sedan. in maryland 6% tax. no money down. got quoted $342 a mth on 15k/36m.

msrp 24,790.00
discount (2,185.00)
rebate (1,000.00)
adjust price 27,975.00
freight 820.00

total 28,795.00
trade (4,000.00)
24,795.00

fee 299.00
tax 1,183.44
fee 279.00
net 26,556.44
trade payoff 3,660.15
total 30,216.59


thanks a bunch

Michaell

mikemc237 said:

Can someone please double check the math on this deal. i just received this quote and math is a little more complicated than usual so im having trouble matching their number because of me owing still on my trade in and the trade payoff. I cant get back to the number they quote. top tier credit so MF of .0010 and res of 51%. 2015 Jetta SE 1.8T sedan. in maryland 6% tax. no money down. got quoted $342 a mth on 15k/36m.

msrp 24,790.00
discount (2,185.00)
rebate (1,000.00)
adjust price 27,975.00
freight 820.00

total 28,795.00
trade (4,000.00)
24,795.00

fee 299.00
tax 1,183.44
fee 279.00
net 26,556.44
trade payoff 3,660.15
total 30,216.59


thanks a bunch

First, you aren't subtracting the discount and rebate from the MSRP - the adjusted price should be $21,605. Everything else is correct, so the "total" number should be $27,031.59.

Using that with the MSRP, MF and residual I get a payment of $404/mo, so much higher than what the dealer is telling you.

A couple of notes:

In Maryland, sales tax is applied to the entire purchase price, which hurts you on a lease, since you're only using 51% of the car (per the residual amount).

Second, from your numbers it looks like you have positive equity in your car (trade value $4000 but trade payoff of $3660).

danslc

Can someone give me RV and MF for a 2015 Jetta Hybrid SEL for 36/10 lease for Utah?

Michaell

danslc said:

Can someone give me RV and MF for a 2015 Jetta Hybrid SEL for 36/10 lease for Utah?

.00010 and 50%

danslc

Thanks Michael! Do you use the MSRP or negotiated selling price to determine RV?

kyfdx

danslc said:

Thanks Michael! Do you use the MSRP or negotiated selling price to determine RV?

MSRP

allie17

Can anyone give me the August residual and MF for the 2015 Jetta TDI SE for 36 months and 12k miles? I'm in California if that matters. I saw the posts on the TDI SEL and TSI SE but wasn't sure if the numbers are the same... Thanks!

kyfdx

allie17 said:

Can anyone give me the August residual and MF for the 2015 Jetta TDI SE for 36 months and 12k miles? I'm in California if that matters. I saw the posts on the TDI SEL and TSI SE but wasn't sure if the numbers are the same... Thanks!

All 2015 Jetta TDI: .00010 MF and 58% residual for 36mo, 12K/yr. $250 lease cash

allie17

Hi, can I also get the residual for the Jetta Hybrid SEL with a 36 month lease 12k miles in CA? Thanks in advance!

kyfdx

allie17 said:

Hi, can I also get the residual for the Jetta Hybrid SEL with a 36 month lease 12k miles in CA? Thanks in advance!

.00010 MF and 49% residual

abstract724

Hello,
I'm looking for the current MF and residual for a 2015 Jetta 1.8T SE Auto w/ Connectivity & Nav with the driver’s assistance package on a 36 month/12k miles lease. Thanks!

Michaell

abstract724 said:

Hello, I'm looking for the current MF and residual for a 2015 Jetta 1.8T SE Auto w/ Connectivity & Nav with the driver’s assistance package on a 36 month/12k miles lease. Thanks!

.00010 and 52%. $2000 lease cash. 

ibikestl

Is .00010, 51%, and $2,000 lease cash still good on a 2015 Jetta S MT for a 15/36 lease? There's a dealer here in St. Louis offering a 2015 for $12,881 sale price (and several more for 12,916). Since there do not appear to be any dealer cash incentives, would the $2k lease cash be applicable to the $12,881 sale price for a cap of $10,881?

Thanks!

kyfdx

ibikestl said:

Is .00010, 51%, and $2,000 lease cash still good on a 2015 Jetta S MT for a 15/36 lease? There's a dealer here in St. Louis offering a 2015 for $12,881 sale price (and several more for 12,916). Since there do not appear to be any dealer cash incentives, would the $2k lease cash be applicable to the $12,881 sale price for a cap of $10,881?

Thanks!

Residual is 50% for 36mo, 15K/yr,

The lease cash is a dealer incentive, so I can't tell you what goes into their price. Alternative to dealer lease cash, there is a $1000 dealer finance bonus.

You won't know until you ask.

ibikestl

kyfdx said:

Residual is 50% for 36mo, 15K/yr,

The lease cash is a dealer incentive, so I can't tell you what goes into their price. Alternative to dealer lease cash, there is a $1000 dealer finance bonus.

You won't know until you ask.

Thanks! Sounds like the $2k lease cash is still on the table then. Guess I'll find out what they'll do.

ibikestl

Thanks for all the information. It really helped out in getting a deal on a Jetta S 5MT.

I closed the deal last night. 36/15, $205 due last night (first month's payment plus license/title fee), and $160/month for 36 months.

kyfdx

ibikestl said:

Thanks for all the information. It really helped out in getting a deal on a Jetta S 5MT.

I closed the deal last night. 36/15, $205 due last night (first month's payment plus license/title fee), and $160/month for 36 months.

Congrats... that's super cheap for any new car lease.

mandm4cars

Hello,

Can you please provide the MF and residual for 2015 Jetta SE w/Connectivity 5MT and 6AT in NJ/PA 36/12k? Are they different for a 'With Navigation'? I think there are more of those available near me tho I don't really need/want it.

Thanks!

kyfdx

mandm4cars said:

Hello,

Can you please provide the MF and residual for 2015 Jetta SE w/Connectivity 5MT and 6AT in NJ/PA 36/12k? Are they different for a 'With Navigation'? I think there are more of those available near me tho I don't really need/want it.

Thanks!

.00010 MF and 52% residual. $2000 lease cash.

That applies to all SE models, regardless of options.

kartdad

Looking at a 2015 Jetta SE 1.8T with connectivity and navigation.
MSRP is $24,905
Sale Price is $21,655

Is there still lease cash of $2000 on the SE?
And is the money factor still .00010? I am in the Portland, OR area.

Thanks!

When I run the numbers I get a payment of around $175 with $500 down and a cap cost of $19.655. That includes taxes.

Michaell

kartdad said:

Looking at a 2015 Jetta SE 1.8T with connectivity and navigation.
MSRP is $24,905
Sale Price is $21,655

Is there still lease cash of $2000 on the SE?
And is the money factor still .00010? I am in the Portland, OR area.

Thanks!

When I run the numbers I get a payment of around $175 with $500 down and a cap cost of $19.655. That includes taxes.

I confirm the MF of .00010. I confirm the $2000 lease cash on the 2015 Jetta SE.

What lease term and how many miles per year? Are you putting $2000 down - if so, we do not recommend that; if the car is stolen or totaled, you lose that money.

mandm4cars

Michaell said:

kartdad said:

Looking at a 2015 Jetta SE 1.8T with connectivity and navigation.
MSRP is $24,905
Sale Price is $21,655

Is there still lease cash of $2000 on the SE?
And is the money factor still .00010? I am in the Portland, OR area.

Thanks!

When I run the numbers I get a payment of around $175 with $500 down and a cap cost of $19.655. That includes taxes.

I confirm the MF of .00010. I confirm the $2000 lease cash on the 2015 Jetta SE.

What lease term and how many miles per year? Are you putting $2000 down - if so, we do not recommend that; if the car is stolen or totaled, you lose that money.

I believe he is counting the lease cash of $2000 in bringing the cap cost down. That's how I presume you use the lease cash information provided in these threads.

Michaell

mandm4cars said:

Michaell said:

kartdad said:

Looking at a 2015 Jetta SE 1.8T with connectivity and navigation.
MSRP is $24,905
Sale Price is $21,655

Is there still lease cash of $2000 on the SE?
And is the money factor still .00010? I am in the Portland, OR area.

Thanks!

When I run the numbers I get a payment of around $175 with $500 down and a cap cost of $19.655. That includes taxes.

I confirm the MF of .00010. I confirm the $2000 lease cash on the 2015 Jetta SE.

What lease term and how many miles per year? Are you putting $2000 down - if so, we do not recommend that; if the car is stolen or totaled, you lose that money.

I believe he is counting the lease cash of $2000 in bringing the cap cost down. That's how I presume you use the lease cash information provided in these threads.

That is one way to use it, yes.

jjspears

In New Hampshire you dont have a option to buy the car outright. I moved to illinois and you have the option but the car is not registered yet but purchased in NH. Can I buy the car outright in Illinois and register it then?

Michaell

jjspears said:

In New Hampshire you dont have a option to buy the car outright. I moved to illinois and you have the option but the car is not registered yet but purchased in NH. Can I buy the car outright in Illinois and register it then?

At the end of the lease? I've never heard that about NH before.

I would contact both VW finance and your local DMV to see what rules and regulations apply to end of lease purchases.

moonwoo

Could I get numbers on a 2015 Jetta S MT and a 2016 Jetta Sport MT? Looking for numbers on a 3 year 12000 mile lease in Missouri. Thanks in advance!

kyfdx

moonwoo said:

Could I get numbers on a 2015 Jetta S MT and a 2016 Jetta Sport MT? Looking for numbers on a 3 year 12000 mile lease in Missouri. Thanks in advance!

.00010 MF and 52%/54% residual. $2000 dealer lease cash

moonwoo

Wow so the MF is the same 2015 and 2016 models thanks for the reply.

Michaell

moonwoo said:

Wow so the MF is the same 2015 and 2016 models thanks for the reply.

Oops .. no. 2016 MF is .00075 and 36/12 residual is 59%. What you saw were the 2015 numbers only.

moonwoo

Michaell said:

moonwoo said:

Wow so the MF is the same 2015 and 2016 models thanks for the reply.

Oops .. no. 2016 MF is .00075 and 36/12 residual is 59%. What you saw were the 2015 numbers only.

Thanks so much!!

moonwoo

Oh sorry another question, is there lease cash available for the 2016 Jettas?

Any advice on how I can bring up the lease cash when making a deal? Should I negotiate a lease first then mention that there is a lease cash of 2000 available and ask them to apply it to my net cap?

For example, with a true car target price around 14153 for the Jetta S (2015) with residual of 52% from MSRP of 18145, I get 134.23 a month with no money down. If I add the lease cash to this deal I'm getting 79 dollars a month plus tax... Dealer wants 200 including tax. What am I doing wrong here?

Michaell

moonwoo said:

Oh sorry another question, is there lease cash available for the 2016 Jettas?

Any advice on how I can bring up the lease cash when making a deal? Should I negotiate a lease first then mention that there is a lease cash of 2000 available and ask them to apply it to my net cap?

For example, with a true car target price around 14153 for the Jetta S (2015) with residual of 52% from MSRP of 18145, I get 134.23 a month with no money down. If I add the lease cash to this deal I'm getting 79 dollars a month plus tax... Dealer wants 200 including tax. What am I doing wrong here?

Yes, $500 lease cash available on the 2016 Jetta Sport.

My guess is that the prices you see already include the lease cash.

Find out the net cap cost from the dealer .. that should help explain the difference in payments. Also have to consider the fees and taxes associated with a lease.

ibikestl

I negotiated based on the cap cost, money factor, residual value, and length of the lease which led to the monthly payments. You can look up your sales tax rate here: http://dor.mo.gov/business/sales/rates/ .

If you PM me I can share the spreadsheet I e-mailed to the responding dealers. In my case, yes, the lease cash had been factored into the cap cost. Part of what the lease cash goes towards is the acquisition fee and other fees (documentation, etc.). I'd also be happy to share the contact info of the person I used at the dealer (I'm in the STL area). If you currently own or lease a VW, they have $2k extra "loyalty cash" now available. I'd ask the details, but I wonder if you can find a $500 VW with a blown engine on Craigslist and use the title to get the $2k loyalty cash. I imagine you can turn around and sell the dead VW for a similar price if you're willing to store the thing for a bit, or just send it to the crusher and call it $1.5k instead of $2k off.

For reference, I leased a Jetta S 5MT (no other options) for 36/15 for $160/month including taxes at the end of September 2015 (keep in mind that you add the sales tax to the monthly payment in MO). Out of pocket was $205 which was my $160 first payment and a $45 licensing fee.