Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

MF and Residual - Golf TDI SE 2015

sukellsukell Posts: 2
edited August 2015 in Volkswagen
New to this leasing game! What am I looking at for August 2015 in terms of MF and residual on a Golf TDI SE 4 door, manual transmission? VW website only shows 36 mo/leases. Is 24-30 month possible? I drive around 12K a year.
My understanding is to negotiate the best SELLING price and then tell the dealer I want to lease. The negotiated selling price will be reflected in my lease costs. Is this correct?

Comments

  • kyfdxkyfdx Posts: 128,328
    sukell said:

    New to this leasing game! What am I looking at for August 2015 in terms of MF and residual on a Golf TDI SE 4 door, manual transmission? VW website only shows 36 mo/leases. Is 24-30 month possible? I drive around 12K a year.
    My understanding is to negotiate the best SELLING price and then tell the dealer I want to lease. The negotiated selling price will be reflected in my lease costs. Is this correct?

    .00040 MF and 56% residual for 36mo, 12K/yr.
    63%/59% residual for 24 or 30 months.

    With those residuals, 36 months should be a lot cheaper.

    Yes, the lower the selling price, the cheaper the lease.. but, just like purchasing, you have to watch out for the details and extra costs the dealer might try to add. Especially, marking up the money factor.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • sukellsukell Posts: 2
    Thank you very much!
Sign In or Register to comment.