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2016 VW Jetta Lease Questions

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Comments

  • tijuana19 said:

    ccorcoran said:

    looking at numbers for a 2016 GLI SEL PZEV

    MSRP is 31,600

    Selling Price is $25,510

    with MF of .00010, residual of 59%, tax of 8.25% (in IL) for 36/36

    Zero down, will roll $595 acquisition fee into payment

    coming up with payment of $226-seem right?

    This is a solid deal, I would jump on it if the numbers are correct and there are no add-ons of surprises.
    Adq Fee is 625 I believe...
    @ccorcoran Did you ever end up leasing this car? $226 on a sign and drive for a $31,600 GLI SEL?
    I am looking at other makes but if this is remotely possible I will look into the GLI. I find it hard to believe a dealer would discount this car by over $6K.

    Please let me know, thanks !
  • ChrismaxChrismax Posts: 73
    look into it, deals to be had. found the car on cargurus.com
  • @ccorcoran thanks! Would you be able to post the details of your deal? I have a dealer running numbers for me today. Looking at a GLI SEL 6 speed manual.

    Mods, can you confirm the MF and residual on GLI SEL with 36months and 12k in New York. Can you also confirm 24 month with 12k? Would consider a 2 year lease if numbers are good. Thanks in advance ..
  • MichaellMichaell ColoradoPosts: 124,897

    @ccorcoran thanks! Would you be able to post the details of your deal? I have a dealer running numbers for me today. Looking at a GLI SEL 6 speed manual.

    Mods, can you confirm the MF and residual on GLI SEL with 36months and 12k in New York. Can you also confirm 24 month with 12k? Would consider a 2 year lease if numbers are good. Thanks in advance ..

    Jetta GLI

    .00001 and 58% (36/12) or 65% (24/12)

    $1000 lease cash

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • fish_boyfish_boy Posts: 1
    Hi, could I have numbers including any incentives for 2016 Jetta GLI SE manual, 36mo/10k in central NJ. Thanks in advance!
  • MichaellMichaell ColoradoPosts: 124,897
    edited May 2016
    fish_boy said:

    Hi, could I have numbers including any incentives for 2016 Jetta GLI SE manual, 36mo/10k in central NJ. Thanks in advance!

    .00001 and 59%. $1000 lease cash.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • sergioc615sergioc615 Posts: 8
     What is the residual and MF for 2016 TSi for 36/15, 36/12 & 36/10? Also, are there any incentives? Im in north NJ if that makes a difference.
  • tj11119tj11119 Posts: 110
    looking at numbers for a 2016 GLI SEL PZEV MSRP is 31,600 Selling Price is $25,510 with MF of .00010, residual of 59%, tax of 8.25% (in IL) for 36/36 Zero down, will roll $595 acquisition fee into payment coming up with payment of $226-seem right?
    This is a solid deal, I would jump on it if the numbers are correct and there are no add-ons of surprises. Adq Fee is 625 I believe...
    @ccorcoran Did you ever end up leasing this car? $226 on a sign and drive for a $31,600 GLI SEL? I am looking at other makes but if this is remotely possible I will look into the GLI. I find it hard to believe a dealer would discount this car by over $6K. Please let me know, thanks !
    Got my 2016 GLI SE dsg 36/12k for 230 a month sign and drive with zero drive off. SoCal this March. I don't know about 226 for the SEL that looks a bit too optimistic.
  • MichaellMichaell ColoradoPosts: 124,897

     What is the residual and MF for 2016 TSi for 36/15, 36/12 & 36/10? Also, are there any incentives? Im in north NJ if that makes a difference.

    What trim level?

    MF for all Jettas this month is .00001, but residual and lease cash vary by trim.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • geo1317geo1317 Posts: 23
    Looking of 1.4 S 36mo/10k please?
  • sergioc615sergioc615 Posts: 8
    The trim level is 1.4T S w/ Tech package
  • MichaellMichaell ColoradoPosts: 124,897
    geo1317 said:

    Looking of 1.4 S 36mo/10k please?

    .00001 and 53%. $1500 lease cash

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 124,897

    The trim level is 1.4T S w/ Tech package

    50% for 15,000 miles. Add 2% for 12,000 miles and 3% for 10,000 miles. $1500 lease cash

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • tijuana19 said:
    looking at numbers for a 2016 GLI SEL PZEV MSRP is 31,600 Selling Price is $25,510 with MF of .00010, residual of 59%, tax of 8.25% (in IL) for 36/36 Zero down, will roll $595 acquisition fee into payment coming up with payment of $226-seem right?
    This is a solid deal, I would jump on it if the numbers are correct and there are no add-ons of surprises. Adq Fee is 625 I believe...
    @ccorcoran Did you ever end up leasing this car? $226 on a sign and drive for a $31,600 GLI SEL? I am looking at other makes but if this is remotely possible I will look into the GLI. I find it hard to believe a dealer would discount this car by over $6K. Please let me know, thanks !
    Got my 2016 GLI SE dsg 36/12k for 230 a month sign and drive with zero drive off. SoCal this March. I don't know about 226 for the SEL that looks a bit too optimistic.
    @tijuana19   Thanks for confirming this. Looking for a GLI SEL 6MT manual. ill see what th dealer can do on a sign and drive. What was the net cap cost on your deal? $230 for a sign and drive on a GLI is excellent! Would've looked at an SE but no xenons on the SE which I think is dumb for VW to do since you can get them on a Jetta sport.
  • tj11119tj11119 Posts: 110


    tijuana19 said:



    tijuana19 said:

    ccorcoran said:

    looking at numbers for a 2016 GLI SEL PZEV

    MSRP is 31,600

    Selling Price is $25,510

    with MF of .00010, residual of 59%, tax of 8.25% (in IL) for 36/36

    Zero down, will roll $595 acquisition fee into payment

    coming up with payment of $226-seem right?

    This is a solid deal, I would jump on it if the numbers are correct and there are no add-ons of surprises.
    Adq Fee is 625 I believe...
    @ccorcoran Did you ever end up leasing this car? $226 on a sign and drive for a $31,600 GLI SEL?
    I am looking at other makes but if this is remotely possible I will look into the GLI. I find it hard to believe a dealer would discount this car by over $6K.

    Please let me know, thanks !

    Got my 2016 GLI SE dsg 36/12k for 230 a month sign and drive with zero drive off. SoCal this March. I don't know about 226 for the SEL that looks a bit too optimistic.

    @tijuana19   Thanks for confirming this. Looking for a GLI SEL 6MT manual. ill see what th dealer can do on a sign and drive. What was the net cap cost on your deal? $230 for a sign and drive on a GLI is excellent! Would've looked at an SE but no xenons on the SE which I think is dumb for VW to do since you can get them on a Jetta sport.

    Here you go, repost of my original deal:

    MSRP: 29,240
    Selling price: 25,300
    (-)Rebates: 1,000
    Final Price: 24,300

    MF: 0.0001
    Residual: 59
    Term: 36

    Only first month payment due at signing, all other fees (TTL, Adq Fee) rolled into the lease.
    Monthly: $230.00 + Tax

    Xenons would have been nice you are right at this trim level, but I wanted the best deal and jumping into the SEL would have added $900 over the life of the lease, which didn't make much sense to me since I am not keeping the car.

    You are right on the Jetta Sport being a super value, but at this price the GLI is worth it.
  • lauraraylauraray Posts: 3
    Hello,
    Could you post the MF and residual for credit tiers A and B for a Jetta Hybrid lease in Southern CA, 3/36k. Thanks!
  • MichaellMichaell ColoradoPosts: 124,897
    lauraray said:

    Hello,
    Could you post the MF and residual for credit tiers A and B for a Jetta Hybrid lease in Southern CA, 3/36k. Thanks!

    .00001 and 48%. $1250 lease cash. Add .00030 for tier B

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • roadrageeroadragee CaliforniaPosts: 122
    Hi

    Could you post 36/12k and 10k RV & MF for Jetta Sport along with any incentive/dealer bonus? Thanks!!
  • kyfdxkyfdx Posts: 131,061
    roadragee said:

    Hi

    Could you post 36/12k and 10k RV & MF for Jetta Sport along with any incentive/dealer bonus? Thanks!!

    .00001 MF and 54%/55% residual. $1750 lease cash.

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

    Edmunds Moderator

  • milesotoole1milesotoole1 Posts: 15
    edited May 2016
    Looking for a 16 Jetta Sport or GLI manual in NJ.  Was offered this on a base Sport Manual:

    Msrp 22,115

    Discount price 19,600

     36 months 12k

    Residual 54%

    Money factor 0.00001

    All tax/fees included 

    300 first payment 

    257/mo

    Ok?? Seems high to me...seems like better incentives earlier in year. Maybe wait until late summer...


  • MichaellMichaell ColoradoPosts: 124,897

    Looking for a 16 Jetta Sport or GLI manual in NJ.  Was offered this on a base Sport Manual:

    Msrp 22,115

    Discount price 19,600

     36 months 12k

    Residual 54%

    Money factor 0.00001

    All tax/fees included 

    300 first payment 

    257/mo

    Ok?? Seems high to me...seems like better incentives earlier in year. Maybe wait until late summer...


    36/12 numbers

    .00001 MF
    Sport - 54% and $1750 lease cash
    GLI - 58% and $1000 lease cash

    What is the adjusted cap cost on the Sport, if you are rolling all the taxes and fees into the lease?

    With the prices you've provided, I get $213/mo

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Posts: 131,061

    Looking for a 16 Jetta Sport or GLI manual in NJ.  Was offered this on a base Sport Manual:

    Msrp 22,115

    Discount price 19,600

     36 months 12k

    Residual 54%

    Money factor 0.00001

    All tax/fees included 

    300 first payment 

    257/mo

    Ok?? Seems high to me...seems like better incentives earlier in year. Maybe wait until late summer...


    $213/mo. with those numbers. To get to $257/mo., need to add about $1575 in taxes, title/license, acquisition fee. Probably close.

    There is $1750 lease cash on this vehicle, so that makes your effective discount from MSRP about $800. That's not a big discount, but probably about average.

    Ask the dealer for the adjusted CAP cost (should be somewhere around $21,175), and the amounts added before calculating the lease. Tax, title license, $625 acquisition fee, dealer fees, unwanted accessories, etc. Make sure all of those numbers make sense. Tax should be around $600.

    If all that looks good, the only way to go lower is to get a better selling price.

    Ask them to price out a GLI. Same money factor, higher residual, less lease cash. Even though it's a more expensive vehicle, it might not be as much more as you might think.

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

    Edmunds Moderator

  • Here what a dealer just sent me for the 16 Sport manual

    Cap cost $21309 - VW rebate $1750 Total Cap cost $19559 

    Money Factor .00001

    RV $11942.10

    Tax $637.28

    Fee's: Doc fee $379 Motor vehicle $164.50 Tire tax $7.50 


    She's at 277 down and 277/mo

  • MichaellMichaell ColoradoPosts: 124,897

    Here what a dealer just sent me for the 16 Sport manual

    Cap cost $21309 - VW rebate $1750 Total Cap cost $19559 

    Money Factor .00001

    RV $11942.10

    Tax $637.28

    Fee's: Doc fee $379 Motor vehicle $164.50 Tire tax $7.50 


    She's at 277 down and 277/mo

    There is still a disconnect with the numbers .. I get $212/mo. What is the MSRP?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MSRP 22150
  • MichaellMichaell ColoradoPosts: 124,897

    MSRP 22150

    That makes more sense .. now I get $260/mo plus tax, so in the ballpark of the dealer quote.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • roadrageeroadragee CaliforniaPosts: 122
    edited May 2016
    kyfdx said:

    roadragee said:

    Hi

    Could you post 36/12k and 10k RV & MF for Jetta Sport along with any incentive/dealer bonus? Thanks!!

    .00001 MF and 54%/55% residual. $1750 lease cash.

    Perfect. Thank you!
  • Thanks for the help. Was able to achieve a $240 out the door/$240 mo lease on my Jetta Sport.  Feel like its a very solid deal. 
  • kyfdxkyfdx Posts: 131,061

    Thanks for the help. Was able to achieve a $240 out the door/$240 mo lease on my Jetta Sport.  Feel like its a very solid deal. 

    Congrats!

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

    Edmunds Moderator

  • Thanks for the help. Was able to achieve a $240 out the door/$240 mo lease on my Jetta Sport.  Feel like its a very solid deal. 

    Can you share what was selling price? I'm trying to get a better idea on how much the dealer is willing to discount the Sport model.
  • Thanks for the help. Was able to achieve a $240 out the door/$240 mo lease on my Jetta Sport.  Feel like its a very solid deal. 
    Can you share what was selling price? I'm trying to get a better idea on how much the dealer is willing to discount the Sport model.
    I believe it's in the mid-low 18's..
  • concretevitaconcretevita Posts: 15
    edited May 2016
    Looking for current MF, RV, and Lease Cash for:
    - 1.4 SE with Connectivity, 2016 Jetta

    Duration: 36mo/12k miles.
    Region: northern California.
    MSRP: $22325 + $820 (destination fees) -> $23145

    Is now a good time to lease a VW (compared to financing)? Is there a much better model that might just be a little bit more expensive?
  • kyfdxkyfdx Posts: 131,061

    Looking for current MF, RV, and Lease Cash for:
    - 1.4 SE with Connectivity, 2016 Jetta

    Duration: 36mo/12k miles.
    Region: northern California.
    MSRP: $22325 + $820 (destination fees) -> $23145

    Is now a good time to lease a VW (compared to financing)? Is there a much better model that might just be a little bit more expensive?

    .00001 MF and 52% residual. $1750 lease cash.

    Sport: .00001 MF and 54% residual. $1750 lease cash

    GLI: .00001 MF and 58% residual. $1000 lease cash.
    That might be a big step up in price, though.

    Those are pretty good lease programs.

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

    Edmunds Moderator

  • rldawsonrldawson Posts: 19
    edited May 2016
    Thanks to all the moderators for the work you guys do in these forums.

    I was able to secure the following deal last night –

    2016 Jetta SEL w/:
    Lighting Package
    Carpeted and Rubber Mat Kits
    Alarm Kit
    Roadside Assistance Kit

    36/12 - 52% Residual - .00001 MF

    MSRP $26,110.00
    Residual $13,577.20
    Purchase Price $21,014.96
    Processing $595.00
    VA Tax $845.01
    Tags\License $98.48
    Acquisition $625.00
    Cap Cost $23,178.45
    Rebate $1,000.00

    $239.28 Monthly

    My calculations actually came up a few cents higher, but I'll take it. This was the dealers first offer. A net of $5095 off MSRP with no haggling, plus the additional $1000 Memorial Day rebate, seemed like a great deal to me. Easiest buying experience ever. If anyone wants a referral for the Metro DC area, message me.
  • MichaellMichaell ColoradoPosts: 124,897
    rldawson said:

    Thanks to all the moderators for the work you guys do in these forums.

    I was able to secure the following deal last night –

    2016 Jetta SEL w/:
    Lighting Package
    Carpeted and Rubber Mat Kits
    Alarm Kit
    Roadside Assistance Kit

    36/12 - 52% Residual - .00001 MF

    MSRP $26,110.00
    Residual $13,577.20
    Purchase Price $21,014.96
    Processing $595.00
    VA Tax $845.01
    Tags\License $98.48
    Acquisition $625.00
    Cap Cost $23,178.45
    Rebate $1,000.00

    $239.28 Monthly

    My calculations actually came up a few cents higher, but I'll take it. This was the dealers first offer. A net of $5095 off MSRP with no haggling, plus the additional $1000 Memorial Day rebate, seemed like a great deal to me. Easiest buying experience ever. If anyone wants a referral for the Metro DC area, message me.

    Congratulations!

    Thanks for sharing your deal details. You are welcome to share the dealer and salesman name, just no contact information.

    And, in my signature block is a link where you can write up a dealer review.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • concretevitaconcretevita Posts: 15
    edited May 2016
    kyfdx said:

    Looking for current MF, RV, and Lease Cash for:
    - 1.4 SE with Connectivity, 2016 Jetta

    Duration: 36mo/12k miles.
    Region: northern California.
    MSRP: $22325 + $820 (destination fees) -> $23145

    Is now a good time to lease a VW (compared to financing)? Is there a much better model that might just be a little bit more expensive?

    .00001 MF and 52% residual. $1750 lease cash.

    Sport: .00001 MF and 54% residual. $1750 lease cash

    GLI: .00001 MF and 58% residual. $1000 lease cash.
    That might be a big step up in price, though.

    Those are pretty good lease programs.
    Thank you! As a first time buyer, I have a dumb question about the lease cash:

    During the negotiations with dealers, do I first settle down the selling price after all rebates, then drop the big bomb saying, "you should deduct an amount of $1750 lease cash additionally, since I'll be leasing"? Is this how it works?
  • kyfdxkyfdx Posts: 131,061

    kyfdx said:

    Looking for current MF, RV, and Lease Cash for:
    - 1.4 SE with Connectivity, 2016 Jetta

    Duration: 36mo/12k miles.
    Region: northern California.
    MSRP: $22325 + $820 (destination fees) -> $23145

    Is now a good time to lease a VW (compared to financing)? Is there a much better model that might just be a little bit more expensive?

    .00001 MF and 52% residual. $1750 lease cash.

    Sport: .00001 MF and 54% residual. $1750 lease cash

    GLI: .00001 MF and 58% residual. $1000 lease cash.
    That might be a big step up in price, though.

    Those are pretty good lease programs.
    Thank you! As a first time buyer, I have a dumb question about the lease cash:

    During the negotiations with dealers, do I first settle down the selling price after all rebates, then drop the big bomb saying, "you should deduct an amount of $1750 lease cash additionally, since I'll be leasing"? Is this how it works?
    It all depends on if the lease cash is a dealer incentive or consumer incentive.

    In this case, it's a dealer incentive. So, negotiate a low price, knowing they have this money. It's not something due to you as a rebate.

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

    Edmunds Moderator

  • tito0628tito0628 Posts: 33
    Hey guys, so I've never actually posted on here but I used the tools/advice you guys give to close a deal on a Jetta GLI today and I figured I'd share.

    2016 GLI SEL with DSG
    36 months, 15k miles
    MSRP: $31,435.00
    Net Cap Cost (after $1000 rebate): $27,776.09
    MF: 0.00001
    Residual Value: 56%
    Down Payment: $0 (I owed $741 in inception fees but no actual down payment)
    Payment before tax: $283.02
    Payment after tax (in FL): $300.00

    Considering it's a custom-order only car (the dealer just so happens to order these and keep them on hand), I figured it was a good deal.

    Thank you again to everyone who posts on here and helped me figure this whole leasing thing out!


  • MichaellMichaell ColoradoPosts: 124,897
    tito0628 said:

    Hey guys, so I've never actually posted on here but I used the tools/advice you guys give to close a deal on a Jetta GLI today and I figured I'd share.

    2016 GLI SEL with DSG
    36 months, 15k miles
    MSRP: $31,435.00
    Net Cap Cost (after $1000 rebate): $27,776.09
    MF: 0.00001
    Residual Value: 56%
    Down Payment: $0 (I owed $741 in inception fees but no actual down payment)
    Payment before tax: $283.02
    Payment after tax (in FL): $300.00

    Considering it's a custom-order only car (the dealer just so happens to order these and keep them on hand), I figured it was a good deal.

    Thank you again to everyone who posts on here and helped me figure this whole leasing thing out!

    Congrats! Looks like you scored an excellent deal!

    Thanks for sharing your details with us, and enjoy your GLI

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdx said:

    Looking for current MF, RV, and Lease Cash for:
    - 1.4 SE with Connectivity, 2016 Jetta

    Duration: 36mo/12k miles.
    Region: northern California.
    MSRP: $22325 + $820 (destination fees) -> $23145

    Is now a good time to lease a VW (compared to financing)? Is there a much better model that might just be a little bit more expensive?

    .00001 MF and 52% residual. $1750 lease cash.

    Sport: .00001 MF and 54% residual. $1750 lease cash

    GLI: .00001 MF and 58% residual. $1000 lease cash.
    That might be a big step up in price, though.

    Those are pretty good lease programs.
    A follow-up question: what if I don't do 36/12, but instead do 36/10? What would the MF and RV be?

    Thanks in advance for your help :)
  • kyfdxkyfdx Posts: 131,061

    kyfdx said:

    Looking for current MF, RV, and Lease Cash for:
    - 1.4 SE with Connectivity, 2016 Jetta

    Duration: 36mo/12k miles.
    Region: northern California.
    MSRP: $22325 + $820 (destination fees) -> $23145

    Is now a good time to lease a VW (compared to financing)? Is there a much better model that might just be a little bit more expensive?

    .00001 MF and 52% residual. $1750 lease cash.

    Sport: .00001 MF and 54% residual. $1750 lease cash

    GLI: .00001 MF and 58% residual. $1000 lease cash.
    That might be a big step up in price, though.

    Those are pretty good lease programs.
    A follow-up question: what if I don't do 36/12, but instead do 36/10? What would the MF and RV be?

    Thanks in advance for your help :)
    Add 1% to go from 36/12 to 36/10

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

    Edmunds Moderator

  • ravforme1ravforme1 Posts: 29

    .00001 MF and 52% residual. $1750 lease cash.

    Sport: .00001 MF and 54% residual. $1750 lease cash

    GLI: .00001 MF and 58% residual. $1000 lease cash.
    That might be a big step up in price, though.

    Those are pretty good lease programs.

    Do you have the credit scores tiers? What's VW minimum score for this MF? If, possible, what would be the next MF for lower scores?
    Thanks!
  • kyfdxkyfdx Posts: 131,061
    ravforme1 said:


    .00001 MF and 52% residual. $1750 lease cash.

    Sport: .00001 MF and 54% residual. $1750 lease cash

    GLI: .00001 MF and 58% residual. $1000 lease cash.
    That might be a big step up in price, though.

    Those are pretty good lease programs.

    Do you have the credit scores tiers? What's VW minimum score for this MF? If, possible, what would be the next MF for lower scores?
    Thanks!

    Don't know the score breakdown, but B-tier adds .00030 and C-tier adds .00110 to the A-tier rate.

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

    Edmunds Moderator

  • Here's a lowest quote out of the local region I got:

    2016 Jetta SE with Connectivity
    36 months, 10k miles
    MSRP: $23,545
    Sale price (after all rebates): $16,613
    MF: 0.00001
    Residual Value: 53%
    Down Payment: $0
    Doc fee + DMV: around $350

    Monthly after tax (in CA): $145
    Drive-off: $560 (not sure if it includes first month payment or not)

    Just wanted to quickly ask around before I go in and sign -- is it a good deal?
  • Also, usually how much does GAP insurance additionally cost? What about Volkswagen Care packages?
  • MichaellMichaell ColoradoPosts: 124,897

    Here's a lowest quote out of the local region I got:

    2016 Jetta SE with Connectivity
    36 months, 10k miles
    MSRP: $23,545
    Sale price (after all rebates): $16,613
    MF: 0.00001
    Residual Value: 53%
    Down Payment: $0
    Doc fee + DMV: around $350

    Monthly after tax (in CA): $145
    Drive-off: $560 (not sure if it includes first month payment or not)

    Just wanted to quickly ask around before I go in and sign -- is it a good deal?

    Almost $7K off? That's great!

    However, I'm thinking that the adjusted cap cost is higher than your sale price - ask for that number from the dealer, and make sure you understand what's been added.

    Drive off always includes the first payment.

    Also, usually how much does GAP insurance additionally cost? What about Volkswagen Care packages?

    GAP is included with VW leases; don't know about the VW Care packages.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:


    However, I'm thinking that the adjusted cap cost is higher than your sale price - ask for that number from the dealer, and make sure you understand what's been added.

    You guessed right! The dealer told me the "adjusted cap cost" is about $570 higher. Does this matter? I don't quite understand why he came up with this, since the price of $16,613 already included all the rebates (totaling $2000).
  • roadrageeroadragee CaliforniaPosts: 122

    Here's a lowest quote out of the local region I got:

    2016 Jetta SE with Connectivity
    36 months, 10k miles
    MSRP: $23,545
    Sale price (after all rebates): $16,613
    MF: 0.00001
    Residual Value: 53%
    Down Payment: $0
    Doc fee + DMV: around $350

    Monthly after tax (in CA): $145
    Drive-off: $560 (not sure if it includes first month payment or not)

    Just wanted to quickly ask around before I go in and sign -- is it a good deal?

    That's quite a deal on $23k car!
    Which dealer would it be? Thanks!
  • caseyf1970caseyf1970 Posts: 6
    Can you give me the residual for a 2016 Jetta 1.4s in Texas, 3 year 36K ?

    thanks
  • kyfdxkyfdx Posts: 131,061

    Michaell said:


    However, I'm thinking that the adjusted cap cost is higher than your sale price - ask for that number from the dealer, and make sure you understand what's been added.

    You guessed right! The dealer told me the "adjusted cap cost" is about $570 higher. Does this matter? I don't quite understand why he came up with this, since the price of $16,613 already included all the rebates (totaling $2000).
    Sure it matters.. What's the extra $570 for?

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

    Edmunds Moderator

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