2016 VW Jetta Lease Questions

Michaell

iceman0510 said:

I am looking at a 1.8T Sport and SEL(both auto)in NJ. Can I please get the residual, money factors and lease cash for 36/10? Thank you.

.00020 MF and 58% for the Sport or 56% for the SEL. $1250 lease cash.

Royals_1969

Could you tell me money factor and residual in New York 2016 Jetta 1.8 S Auto trans (Base model)
looking for a 24/12k.
I do see advertisements for a 27 month 10k lease in my area, what would those M/F and residual be if possible?
Thank you
Royals

Royals_1969

Royals_1969 said:

Could you tell me money factor and residual in New York 2016 Jetta 1.8 S Auto trans (Base model)
looking for a 24/12k.
I do see advertisements for a 27 month 10k lease in my area, what would those M/F and residual be if possible?
Thank you
Royals

Actually I should have said the Base Model is Jetta 1.4 engine with auto trans...
Thank-You

kyfdx

Royals_1969 said:

Royals_1969 said:

Could you tell me money factor and residual in New York 2016 Jetta 1.8 S Auto trans (Base model)
looking for a 24/12k.
I do see advertisements for a 27 month 10k lease in my area, what would those M/F and residual be if possible?
Thank you
Royals

Actually I should have said the Base Model is Jetta 1.4 engine with auto trans...
Thank-You

.00020 MF and 62% residual for 24/12, 61% for 27/10.
$1250 lease cash

jmfb_vw

Hi Michaell! Can you help me with some terms on a 2016 Golf SE? 3yr/36k in California. Looking for money factor, residual and any incentives. Thanks in advance!

Michaell

jmfb_vw said:

Hi Michaell! Can you help me with some terms on a 2016 Golf SE? 3yr/36k in California. Looking for money factor, residual and any incentives. Thanks in advance!

Post your Golf lease questions here:

http://forums.edmunds.com/discussion/36417/volkswagen/golf/2016-volkswagen-golf-lease-questions#latest

breld

Hi Michael!

Not sure if the above rates are the same nationally, but just in case...

Can you give me the MF and residual, in Colorado, for:

2016 Jetta S w/tech
2016 Jetta SE
2016 Jetta Sport

3 year, 36k miles and 30k miles

Thanks!

kyfdx

breld said:

Hi Michael!

Not sure if the above rates are the same nationally, but just in case...

Can you give me the MF and residual, in Colorado, for:

2016 Jetta S w/tech
2016 Jetta SE
2016 Jetta Sport

3 year, 36k miles and 30k miles

Thanks!

.00020 MF and $1250 lease cash.

55% residual for S/SE for 36/12.
57% residual for Sport.

Add 1% for 10K/yr

Numbers are national.

breld

Thanks @kyfdx!

So...the .001 money factor the salesperson threw at me?

So in negotiating a lease, the dealership can try to work out whatever cushion they'd like to, whether it be an inflated money factor or otherwise, but when it comes down to it, they should be able to "honor" the money factor you provided (the residual rate is certainly more transparent), and then the only real variable is the purchase price (cap cost).

Is that about right?

Is that money factor essentially what is offered by VW financial services?

Michaell

breld said:

Thanks @kyfdx!

So...the .001 money factor the salesperson threw at me?

So in negotiating a lease, the dealership can try to work out whatever cushion they'd like to, whether it be an inflated money factor or otherwise, but when it comes down to it, they should be able to "honor" the money factor you provided (the residual rate is certainly more transparent), and then the only real variable is the purchase price (cap cost).

Is that about right?

Is that money factor essentially what is offered by VW financial services?

As noted, there are two variables in a lease ... selling price and money factor.

Get the lowest price, just as if you were buying. Then, make sure you get the 'base' MF as offered by VW Finance. Dealer can mark up the MF for extra profit, just like they can mark up the interest rate on a loan.

Knowing all the numbers behind the deal makes it difficult, if not impossible, for the dealer to pad the deal in any way.

breld

Just to close the loop - thanks so much @kyfdx and @michaell for the always great advice!

All that info makes it so much easier to evaluate a lease deal - I completed a deal on a 2016 Jetta 1.8T Sport this afternoon. 3 years/10k miles for $0 down and $166/month (plus tax).

For others shopping, I had one dealer practically scoff at my offer, and another one accept it the same day. Certainly pays to shop around.

kyfdx

breld said:

Just to close the loop - thanks so much @kyfdx and @michaell for the always great advice!

All that info makes it so much easier to evaluate a lease deal - I completed a deal on a 2016 Jetta 1.8T Sport this afternoon. 3 years/10k miles for $0 down and $166/month (plus tax).

For others shopping, I had one dealer practically scoff at my offer, and another one accept it the same day. Certainly pays to shop around.

Congrats!

tj11119

breld said:

Just to close the loop - thanks so much @kyfdx and @michaell for the always great advice!

All that info makes it so much easier to evaluate a lease deal - I completed a deal on a 2016 Jetta 1.8T Sport this afternoon. 3 years/10k miles for $0 down and $166/month (plus tax).

For others shopping, I had one dealer practically scoff at my offer, and another one accept it the same day. Certainly pays to shop around.

Breld, could you please post the details of your deal? thanks!

friendlyguy1

Can someone please tell me MF and residual % for a 24 month lease?

Am looking at either a 1.4 S or 1.8 Sport at 12K miles per year.

Thanks!

Michaell

friendlyguy1 said:

Can someone please tell me MF and residual % for a 24 month lease?

Am looking at either a 1.4 S or 1.8 Sport at 12K miles per year.

Thanks!

.00020 for both models with $1250 lease cash

24/12 residuals:
1.4S - 62%
1.8 Sport - 64%

breld

tijuana19 said:

breld said:

Just to close the loop - thanks so much @kyfdx and @michaell for the always great advice!

All that info makes it so much easier to evaluate a lease deal - I completed a deal on a 2016 Jetta 1.8T Sport this afternoon. 3 years/10k miles for $0 down and $166/month (plus tax).

For others shopping, I had one dealer practically scoff at my offer, and another one accept it the same day. Certainly pays to shop around.

Breld, could you please post the details of your deal? thanks!

58% residual and 0.0002 MF
MSRP $23,235
Cap Cost of $19,232, including $625 acq fee

Michaell

breld said:

tijuana19 said:

breld said:

Just to close the loop - thanks so much @kyfdx and @michaell for the always great advice!

All that info makes it so much easier to evaluate a lease deal - I completed a deal on a 2016 Jetta 1.8T Sport this afternoon. 3 years/10k miles for $0 down and $166/month (plus tax).

For others shopping, I had one dealer practically scoff at my offer, and another one accept it the same day. Certainly pays to shop around.

Breld, could you please post the details of your deal? thanks!

58% residual and 0.0002 MF
MSRP $23,235
Cap Cost of $19,232, including $625 acq fee

Here's hoping that those deals are available later this year, when I'm in the market.

anthony713

Are these the numbers on the 2016 GLI 36 mon 12K yr for Jan? SE model vs SEL. Thanks !

anthony713

00020 and 60%. $500 lease cash. Are these the numbers on the 2016 GLI 36 mon 12K yr for Jan? SE model vs SEL. Thanks !

Michaell

anthony713 said:

00020 and 60%. $500 lease cash. Are these the numbers on the 2016 GLI 36 mon 12K yr for Jan? SE model vs SEL. Thanks !

Yes, those numbers are correct .. no difference on SE vs. SEL.

friendlyguy1

@breld , does that deal include the $1500 conquest cash as a cap cost reduction? And is it a true $0 drive off, where DMV fees and the like are built in to the payment?

It seems like a very good deal.

tj11119

breld said:

tijuana19 said:

breld said:

Just to close the loop - thanks so much @kyfdx and @michaell for the always great advice!

All that info makes it so much easier to evaluate a lease deal - I completed a deal on a 2016 Jetta 1.8T Sport this afternoon. 3 years/10k miles for $0 down and $166/month (plus tax).

For others shopping, I had one dealer practically scoff at my offer, and another one accept it the same day. Certainly pays to shop around.

Breld, could you please post the details of your deal? thanks!

58% residual and 0.0002 MF
MSRP $23,235
Cap Cost of $19,232, including $625 acq fee

Breld, does the Cap Cost include any loyalty or conquest cash? 4k off msrp is very nice if you can add the conquest.

roadcrazy

2016 Jetta Sport 1.8T Automatic. Lease 36 months and 12k.
$23,215.00 MSRP
$22,599.00 Price
.00055 Rate
.57 Residual
$1,500.00 lease conquest rebate eligible.
$655.00 cash upfront which includes first month, all taxes and dealer fees.
Payment is $233.28 which includes 6% MI sales tax.

I'd appreciate feedback on if the numbers look correct and if it is a good deal; the selling prices seems high to me.

Michaell

roadcrazy said:

2016 Jetta Sport 1.8T Automatic. Lease 36 months and 12k.
$23,215.00 MSRP
$22,599.00 Price
.00055 Rate
.57 Residual
$1,500.00 lease conquest rebate eligible.
$655.00 cash upfront which includes first month, all taxes and dealer fees.
Payment is $233.28 which includes 6% MI sales tax.

I'd appreciate feedback on if the numbers look correct and if it is a good deal; the selling prices seems high to me.

Base MF on the 2016 Jetta is .00020, so your dealer is marking that up on you.

We don't track selling prices, though user @breld just leased a Jetta a week or so ago; read back through the last page or two of this discussion to see his deal details.

roadcrazy

2016 Jettta GLI SE with DSG. Lease 36 months and 12k.
$29,240.00 MSRP
$28,395.00 Price
.00020 Rate
.60 Residual
$2,000.00 rebate which includes lease conquest.
$785.00 cash upfront which includes first month, all taxes, dealer fees and $130 down.
Payment is $285.43 which includes 6% MI sales tax.

I'd appreciate feedback on if the numbers look correct. A big thank for your help!

Michaell

roadcrazy said:

2016 Jettta GLI SE with DSG. Lease 36 months and 12k.
$29,240.00 MSRP
$28,395.00 Price
.00020 Rate
.60 Residual
$2,000.00 rebate which includes lease conquest.
$785.00 cash upfront which includes first month, all taxes, dealer fees and $130 down.
Payment is $285.43 which includes 6% MI sales tax.

I'd appreciate feedback on if the numbers look correct. A big thank for your help!

What is the net cap cost?

If I use $26,265 (selling price less $2000 rebate and $130 down), I get $266/mo with 6% tax included.

roadcrazy

The "lease worksheet" shows:
Cash $785.00
Rebate $2,000.00
Govt Fees 47.00
Taxes 721.94
Doc Fee 210.00
Total Initial Payment $2,785.00

Michaell

roadcrazy said:

The "lease worksheet" shows:
Cash $785.00
Rebate $2,000.00
Govt Fees 47.00
Taxes 721.94
Doc Fee 210.00
Total Initial Payment $2,785.00

But what is the net cap cost?

roadcrazy

I wasn't provided with net cap cost.

Michaell

roadcrazy said:

I wasn't provided with net cap cost.

Which leads me to believe that the dealer is hiding something .. might be time to reach out to another, more transparent, dealer.

anthony713

Looking for MF and Residual numbers and lease / cash back incentives for Feb for the Jetta 2.0 GLI
12K - 36 months
15K - 36 months

Thanks.

kyfdx

anthony713 said:

Looking for MF and Residual numbers and lease / cash back incentives for Feb for the Jetta 2.0 GLI
12K - 36 months
15K - 36 months

Thanks.

.00020 MF and 60%/58% residual. $500 lease cash.

bigskydriver

Can you please provide some figures? Is the residual and MF the same for all Jettas? Looking for 12/36 and 15/36 on a 2016 Jetta 1.8T Sport w/manual trans. Are there any current rebates for February? Are there any acquisition fees associated with a lease? Lastly is there such a thing as a Buyer's Option loan?
Thank you!

Michaell

bigskydriver said:

Can you please provide some figures? Is the residual and MF the same for all Jettas? Looking for 12/36 and 15/36 on a 2016 Jetta 1.8T Sport w/manual trans. Are there any current rebates for February? Are there any acquisition fees associated with a lease? Lastly is there such a thing as a Buyer's Option loan?
Thank you!

.00020 and 55% for 36/15 on the 1.8T Sport. $1250 lease cash.

Acquisition fee is $625.

I've not heard of a Buyers Option loan.

bigskydriver

One last thing. What is the residual for 36/12 on the same vehicle? Much appreciated!

Michaell

bigskydriver said:

One last thing. What is the residual for 36/12 on the same vehicle? Much appreciated!

Add 2% to the residual.

tommytri333

I have a 2014 Jetta SE w/ Connectivity lease that has about 6 months left on the contract. My dealership called me all week asking me to come in because VW had a program they would let you out of your lease as long as you leased or bought a new VW being told the program ended Monday. So I went in. I was dead set on a 2016 VW GLI SE 10k/36mo lease. Not educating myself before hand we settled on 350 a month and 1000 down (on my credit card) which I was told I had to put down a non-refundable deposit because they had to locate the car which could take a few weeks. They said they couldn't sell any they had on the lot because of a stop sale due to recall on the GLI's. I really don't know what games they are playing. After educating myself which I should have done beforehand I am really disappointed as I don't think I got a good deal as others are paying a lot less for their GLI SE leases at 10k/36mo. Since I didn't sign ANY leasing paperwork besides the $1000 down what are my options? Can I go back Monday and re-nogiate or am I screwed because they have my $1000?

roadragee

Hi!

Can you please provide current MF / Residual for Jetta 1.4T SE automatic? CA

2yr, 10k/yr and 3yr, 10k/yr 

Thank you!!

kyfdx

tommytri333 said:

I have a 2014 Jetta SE w/ Connectivity lease that has about 6 months left on the contract. My dealership called me all week asking me to come in because VW had a program they would let you out of your lease as long as you leased or bought a new VW being told the program ended Monday. So I went in. I was dead set on a 2016 VW GLI SE 10k/36mo lease. Not educating myself before hand we settled on 350 a month and 1000 down (on my credit card) which I was told I had to put down a non-refundable deposit because they had to locate the car which could take a few weeks. They said they couldn't sell any they had on the lot because of a stop sale due to recall on the GLI's. I really don't know what games they are playing. After educating myself which I should have done beforehand I am really disappointed as I don't think I got a good deal as others are paying a lot less for their GLI SE leases at 10k/36mo. Since I didn't sign ANY leasing paperwork besides the $1000 down what are my options? Can I go back Monday and re-nogiate or am I screwed because they have my $1000?

Call on Monday and say you don't want to do the deal. If you didn't sign anything, you can dispute the charge on your credit card.

kyfdx

roadragee said:

Hi!

Can you please provide current MF / Residual for Jetta 1.4T SE automatic? CA

2yr, 10k/yr and 3yr, 10k/yr 

Thank you!!

.00020 MF and 63%/56% residual. $1250 lease cash.

roadragee

kyfdx said:

.00020 MF and 63%/56% residual. $1250 lease cash.

Thank you. Do you have same for 1.8T Sport Auto?

tommytri333

Numbers for the following please 10k/36mo
2016 GTI SE
2016 GLI SE
2016 1.4T S w Technology

Michaell

roadragee said:

kyfdx said:

.00020 MF and 63%/56% residual. $1250 lease cash.

Thank you. Do you have same for 1.8T Sport Auto?

Add 2% to the residual. All other numbers are the same.

VW numbers expire today (2/8/16).

Michaell

tommytri333 said:

Numbers for the following please 10k/36mo
2016 GTI SE
2016 GLI SE
2016 1.4T S w Technology

GLI - .00020 and 61%. $500 lease cash
S - .00020 and 56%. $1250 lease cash

GTI questions can be posted here:

http://forums.edmunds.com/discussion/36418/volkswagen/gti/2016-vw-gti-lease-questions#latest

roadragee

Michaell said:

Add 2% to the residual. All other numbers are the same.

VW numbers expire today (2/8/16).

Thank you!

Based on those number and TrueCar price, I am getting some unbelievably low lease price.
MSRP $24,130
Purchase Price $17,091
Acquisition $626
DMV $213
Doc FF $80
24 month
Residual 65%
MF 0.0002
Tax 9%

Monthly payment $117.05 including tax.

Is this even possible?

kyfdx

roadragee said:

Michaell said:

Add 2% to the residual. All other numbers are the same.

VW numbers expire today (2/8/16).

Thank you!

Based on those number and TrueCar price, I am getting some unbelievably low lease price.
MSRP $24,130
Purchase Price $17,091
Acquisition $626
DMV $213
Doc FF $80
24 month
Residual 65%
MF 0.0002
Tax 9%

Monthly payment $117.05 including tax.

Is this even possible?

$7000 off MSRP doesn't seem likely.

roadragee

kyfdx said:

$7000 off MSRP doesn't seem likely.

\\

Exactly! Too good to be true? But that's what it show... Would it be a bait and switch?

tj11119

Well that price is with the 1,500 conquest cash...that expired Today. Lets see what tomorrow holds.

tj11119

People have been getting 5.5k off MSRP on high end GTI's so i guess anything is possible, but not likely..something is wrong.

Michaell

roadragee said:

kyfdx said:

$7000 off MSRP doesn't seem likely.

\\

Exactly! Too good to be true? But that's what it show... Would it be a bait and switch?

Sorry, can't vouch for the accuracy of the TrueCar numbers. Might include incentives that don't apply to a lease.

And, as noted, the incentives expired today. They may continue ... or, they may not.