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2016 VW GTI Lease Questions

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  • perivaleperivale Member Posts: 5
    That's what I ended up doing. Thanks for your help!
  • nicks4nicks4 Member Posts: 79
    Can you please post the MF and Residual numbers for the 2016 Golf GTI SE 4 Door in Virginia?

    36 Months / 12K
    36 Months / 15K

    Thank you in advance
  • kyfdxkyfdx Moderator Posts: 266,012
    nicks4 said:

    Can you please post the MF and Residual numbers for the 2016 Golf GTI SE 4 Door in Virginia?

    36 Months / 12K
    36 Months / 15K

    Thank you in advance

    .00165 MF and 58%/56% residual. $500 lease cash.

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  • nicks4nicks4 Member Posts: 79
    kyfdx said:
    Can you please post the MF and Residual numbers for the 2016 Golf GTI SE 4 Door in Virginia? 36 Months / 12K 36 Months / 15K Thank you in advance
    .00165 MF and 58%/56% residual. $500 lease cash.
    Thank you very much. Any idea about what is going to happen in December? One more question: Why is the MF so high in comparison with 0.9 % Financing?
  • nyccarguynyccarguy Member Posts: 17,508
    The money factor is high, because VW doesn't feel the need to subsidize the lease with a lower money factor.  GTI's tend to hold their value much better than regular VWs.  So if you can swing the payment, you might be better off with the 0.9% APR financing.  After three years (the period in which you would have leased) you will most likely have equity in the car.  Even though your monthly payments will be higher, you will not have to pay a bank fees to start off the lease.  If you want you can turn around and roll that equity into another purchase three years down the road.

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  • MichaellMichaell Moderator Posts: 262,571
    nicks4 said:


    kyfdx said:

    nicks4 said:

    Can you please post the MF and Residual numbers for the 2016 Golf GTI SE 4 Door in Virginia?

    36 Months / 12K
    36 Months / 15K

    Thank you in advance

    .00165 MF and 58%/56% residual. $500 lease cash.

    Thank you very much. Any idea about what is going to happen in December? One more question: Why is the MF so high in comparison with 0.9 % Financing?
    nyccarguy said:

    The money factor is high, because VW doesn't feel the need to subsidize the lease with a lower money factor.  GTI's tend to hold their value much better than regular VWs.  So if you can swing the payment, you might be better off with the 0.9% APR financing.  After three years (the period in which you would have leased) you will most likely have equity in the car.  Even though your monthly payments will be higher, you will not have to pay a bank fees to start off the lease.  If you want you can turn around and roll that equity into another purchase three years down the road.

    +1 to the comments from @nyccarguy

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  • fourplaygtfourplaygt Member Posts: 5
    Have December numbers been released yet?

    Looking for GTI SE 4-dr 6MT, 36 mo/12K.

    Thanks!
  • MichaellMichaell Moderator Posts: 262,571

    Have December numbers been released yet?

    Looking for GTI SE 4-dr 6MT, 36 mo/12K.

    Thanks!

    .00165 and 58%. $500 lease cash.

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  • fourplaygtfourplaygt Member Posts: 5
    Michaell said:

    Have December numbers been released yet?

    Looking for GTI SE 4-dr 6MT, 36 mo/12K.

    Thanks!

    .00165 and 58%. $500 lease cash.
    Bummer. Was hoping for a downward trend in MF since sales were so bad last month for VW. Guess the GTI is the only thing selling right now!
  • leescottleescott Member Posts: 180

    Michaell said:

    Have December numbers been released yet?

    Looking for GTI SE 4-dr 6MT, 36 mo/12K.

    Thanks!

    .00165 and 58%. $500 lease cash.
    Bummer. Was hoping for a downward trend in MF since sales were so bad last month for VW. Guess the GTI is the only thing selling right now!
    Exactly, VWoA is not having trouble moving GTI's, just pretty much everything else. I would expect to see an increase in the loyalty/conquest dealer cash at some point.
  • calguitar71calguitar71 Member Posts: 6
    Can you please post the MF and Residual numbers for the 2015 Golf GTI SE 4 Door w/ PP in cali? 36 Months / 12K or 36 Months / 10K. thank you.
  • kyfdxkyfdx Moderator Posts: 266,012

    Can you please post the MF and Residual numbers for the 2015 Golf GTI SE 4 Door w/ PP in cali? 36 Months / 12K or 36 Months / 10K. thank you.

    .00020 MF and 52%/53% residual. $1000 lease cash

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  • nyccarguynyccarguy Member Posts: 17,508
    Big drop in money factor as well as residual and $1K lease cash.  I wonder how it will affect the lease payment.

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  • brand3brand3 Member Posts: 2
    edited December 2015
    Can anyone please post the MF and Residual numbers for 2016 GTI SE 4 Door DSG w/ PP in California? 36 Months / 10K and 36 Months / 7.5K. Thanks
  • kyfdxkyfdx Moderator Posts: 266,012
    nyccarguy said:

    Big drop in money factor as well as residual and $1K lease cash.  I wonder how it will affect the lease payment.

    Those numbers were for a 2015 model.. ;)

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  • kyfdxkyfdx Moderator Posts: 266,012
    brand3 said:

    Can anyone please post the MF and Residual numbers for 2016 GTI SE 4 Door DSG w/ PP in California? 36 Months / 10K and 36 Months / 7.5K. Thanks

    .00175 MF and 62% residual for 36/10. For all 2016 trims.

    Don't think VW offers a 7.5K/yr allowance.

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  • leescottleescott Member Posts: 180
    kyfdx said:

    brand3 said:

    Can anyone please post the MF and Residual numbers for 2016 GTI SE 4 Door DSG w/ PP in California? 36 Months / 10K and 36 Months / 7.5K. Thanks

    .00175 MF and 62% residual for 36/10. For all 2016 trims.

    Don't think VW offers a 7.5K/yr allowance.
    Did they drop the lease cash for Dec, or is it still $500?
  • kyfdxkyfdx Moderator Posts: 266,012
    leescott said:

    kyfdx said:

    brand3 said:

    Can anyone please post the MF and Residual numbers for 2016 GTI SE 4 Door DSG w/ PP in California? 36 Months / 10K and 36 Months / 7.5K. Thanks

    .00175 MF and 62% residual for 36/10. For all 2016 trims.

    Don't think VW offers a 7.5K/yr allowance.
    Did they drop the lease cash for Dec, or is it still $500?
    Looks like it's gone

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  • leescottleescott Member Posts: 180
    thanks!
  • nyccarguynyccarguy Member Posts: 17,508
    kyfdx said:
    Big drop in money factor as well as residual and $1K lease cash.  I wonder how it will affect the lease payment.
    Those numbers were for a 2015 model.. ;)
    Whoops!  Missed that part!

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  • nedturnernedturner Member Posts: 32
    What are the MF and residuals for the 2016 GTI 4-door manual w/performance pack in both the S & SE trims? In Georgia. Right now, VW is offering $1000 loyalty cash. True Car has the 4-door S w/pp at 25K in GA. Given the popularity of the GTI, is this feasible?
  • kyfdxkyfdx Moderator Posts: 266,012
    nedturner said:

    What are the MF and residuals for the 2016 GTI 4-door manual w/performance pack in both the S & SE trims? In Georgia. Right now, VW is offering $1000 loyalty cash. True Car has the 4-door S w/pp at 25K in GA. Given the popularity of the GTI, is this feasible?

    .00188 MF and 67% residual for 36/15, for all trims.

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  • leescottleescott Member Posts: 180
    kyfdx said:
    What are the MF and residuals for the 2016 GTI 4-door manual w/performance pack in both the S & SE trims? In Georgia. Right now, VW is offering $1000 loyalty cash. True Car has the 4-door S w/pp at 25K in GA. Given the popularity of the GTI, is this feasible?
    .00188 MF and 67% residual for 36/15, for all trims.
    Is that residual correct,  it is much higher than last month?
  • nedturnernedturner Member Posts: 32
    Sorry, I omitted important info. Looking for 36/12, not 36/15
  • kyfdxkyfdx Moderator Posts: 266,012
    nedturner said:

    Sorry, I omitted important info. Looking for 36/12, not 36/15

    Add 2%

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  • nedturnernedturner Member Posts: 32
    Thank you. Are those terms likely to get better or worse after the new year into Feb and March? They seem awfully good right now.
  • nedturnernedturner Member Posts: 32
    By the way, with all due respect, the 69% residual on 36/12 doesn't seem right. It would lead to monthly payments far below the best deals I've ever heard of on any GTI. Did you possibly mean 59%?
  • kyfdxkyfdx Moderator Posts: 266,012
    nedturner said:

    By the way, with all due respect, the 69% residual on 36/12 doesn't seem right. It would lead to monthly payments far below the best deals I've ever heard of on any GTI. Did you possibly mean 59%?

    I'm really sorry. Those are Golf R numbers. Must have been working that discussion immediately before..

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  • kyfdxkyfdx Moderator Posts: 266,012
    leescott said:


    kyfdx said:

    nedturner said:

    What are the MF and residuals for the 2016 GTI 4-door manual w/performance pack in both the S & SE trims? In Georgia. Right now, VW is offering $1000 loyalty cash. True Car has the 4-door S w/pp at 25K in GA. Given the popularity of the GTI, is this feasible?

    .00188 MF and 67% residual for 36/15, for all trims.

    Is that residual correct,  it is much higher than last month?

    .00175 MF and 59% residual for all trims, for 36/15

    The other numbers were for the Golf R

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  • kyfdxkyfdx Moderator Posts: 266,012
    nedturner said:

    By the way, with all due respect, the 69% residual on 36/12 doesn't seem right. It would lead to monthly payments far below the best deals I've ever heard of on any GTI. Did you possibly mean 59%?

    .00175 MF and 61% residual for 36/12. Sorry.. :(

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  • leescottleescott Member Posts: 180
    kyfdx said:

    leescott said:


    kyfdx said:

    nedturner said:

    What are the MF and residuals for the 2016 GTI 4-door manual w/performance pack in both the S & SE trims? In Georgia. Right now, VW is offering $1000 loyalty cash. True Car has the 4-door S w/pp at 25K in GA. Given the popularity of the GTI, is this feasible?

    .00188 MF and 67% residual for 36/15, for all trims.

    Is that residual correct,  it is much higher than last month?
    .00175 MF and 59% residual for all trims, for 36/15

    The other numbers were for the Golf R

    No worries.I have been where you are and know how easily the numbers on those rate sheets can merge together after a long day. We really do appreciate your efforts!
  • kyfdxkyfdx Moderator Posts: 266,012
    I've learned not to discount members who wonder if I'm wrong... :D

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  • rslifka007rslifka007 Member Posts: 6
    Question about lease rates for a 2016 VW GTI SE 4 Door for 36 months. 10,000 miles a year. Is the MF 0.00175 and the Residual 62% ?
  • nedturnernedturner Member Posts: 32
    Thank you.
  • MichaellMichaell Moderator Posts: 262,571

    Question about lease rates for a 2016 VW GTI SE 4 Door for 36 months. 10,000 miles a year. Is the MF 0.00175 and the Residual 62% ?

    Yes.

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  • leescottleescott Member Posts: 180
    Would you please post the 4-Door 24 month RV (10K) and MF please?
  • MichaellMichaell Moderator Posts: 262,571
    leescott said:

    Would you please post the 4-Door 24 month RV (10K) and MF please?

    .00175 and 69%

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  • leescottleescott Member Posts: 180
    Michaell said:

    leescott said:

    Would you please post the 4-Door 24 month RV (10K) and MF please?

    .00175 and 69%
    Thanks! :)
  • danny12345danny12345 Member Posts: 3
    I will be going to the dealer later today to lease a 2016 GTI SE DSG with lighting package in North Carolina. Could someone please post the MF and residual for a 36 month, 12K mile lease?
  • kyfdxkyfdx Moderator Posts: 266,012

    I will be going to the dealer later today to lease a 2016 GTI SE DSG with lighting package in North Carolina. Could someone please post the MF and residual for a 36 month, 12K mile lease?

    .00175 MF and 61% residual for all GTIs.

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  • danny12345danny12345 Member Posts: 3
    Thank you! Perhaps you might give me some advice. I was thinking of adding my mom as a cosigner on the credit application. I have good credit, but she has excellent credit, so I thought that would help me keep a low MF. The flip-side is that I have a job, but she's retired, so she won't be able to show much income (unless retirement funds count), and I worry that that would hurt rather than help in the end. I would appreciate any input on the matter!
  • MichaellMichaell Moderator Posts: 262,571

    Thank you! Perhaps you might give me some advice. I was thinking of adding my mom as a cosigner on the credit application. I have good credit, but she has excellent credit, so I thought that would help me keep a low MF. The flip-side is that I have a job, but she's retired, so she won't be able to show much income (unless retirement funds count), and I worry that that would hurt rather than help in the end. I would appreciate any input on the matter!

    Sorry, don't have any advice for you on that matter. Are you concerned that your credit score won't qualify you for the top tier MF?

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  • danny12345danny12345 Member Posts: 3
    Yes. My mom has over 750 score, so i guess I'll have her cosign.
  • nedturnernedturner Member Posts: 32
    Currently VW is offering $1,000 loyalty incentive and $750 incentive for leases. Any word on whether those incentives will drop off considerably in Jan or Feb? Also, anyone aware whether the MF and residuals will be less favorable in January/February than they are now?
  • kyfdxkyfdx Moderator Posts: 266,012
    nedturner said:

    Currently VW is offering $1,000 loyalty incentive and $750 incentive for leases. Any word on whether those incentives will drop off considerably in Jan or Feb? Also, anyone aware whether the MF and residuals will be less favorable in January/February than they are now?

    Loyalty incentive has already changed three times since they started it, so there is no telling where it will go.

    Generally, residuals drop over the course of the year, while money factors get better, to maintain the same lease payment offers. (but, it might not happen that way)

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  • nedturnernedturner Member Posts: 32
    Thanks.
  • leescottleescott Member Posts: 180
    Just wanted to confirm what the current lease cash is on the GTI please.
  • MichaellMichaell Moderator Posts: 262,571
    leescott said:

    Just wanted to confirm what the current lease cash is on the GTI please.

    No lease cash on 2016 GTI; $250 lease cash for 2015 GTI

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  • leescottleescott Member Posts: 180
    Michaell said:

    leescott said:

    Just wanted to confirm what the current lease cash is on the GTI please.

    No lease cash on 2016 GTI; $250 lease cash for 2015 GTI
    OK, thanks!
  • lead_foot_1lead_foot_1 Member Posts: 26
    Looking for the current rates on the following.
    2 door GTI in S and SE trim both with perf pkg
    manual
    lowest miles. 10K per year I believe
    24 months then the next term (30, 33 or 36month?)
    money factor and residuals
    any lease cash in December or any other incentives?
    For California
    Thanks!
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