Lease #s for 2016 VW GTI w Autobahn Perf Package
amansari8
Member Posts: 1
Hello! I'm considering the lease option for a GTI in Georgia. Will you let me know the MF & residual, and any other known incentives?
Thanks a ton! Knowledge is power!
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Michaell Moderator Posts: 252,153
.00170 and 60%. All GTI trimsjyarwood said:Please can you tell me the MF and residual for a 2017 GTI S and GTI sport, 36/12k in New Hampshire. Thanks
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Could I please get the money factor and residual for a 2016 GTI S w/manual transmission for a 36-month lease for both 12,000 and 15,000 miles per year in Vermont? Are there any dealer incentives on these?
The car I was looking at was advertised with a discount of $3,500 off of MSRP. They quoted a money factor of 0.0013 and a residual of 58 percent for a 12,000 mile/year lease, and are including a $625 acquisition fee and $400 dealer doc fee.
56% for 36/15.
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.00130 and 58%; $250 lease cash.
For all GTI trims and options.
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All trims, all locations.
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MSRP: $29,845.00
Savings: $4289.23
Price: $25,555.77
Sales Tax: $1837.83
Registration, title, MVWR: $41
Documentation Fee: $699
Final: $28133.60
For leasing 36 months 12k miles, cash down is $2,349. They said they use 58% residual, but won't tell me the MF (they say based on A tier credit). Quoted me monthly lease $378 after tax.
Let me know if this sound right.
Thanks!
If the final number was the adjusted CAP cost, then $361/mo. But, with $2349 upfront it should be lower than that, right? 1st payment + $625 acquisition fee.. that leaves plenty left over for CAP cost reduction.
Ask them for the adjusted CAP cost and you might find that your "Final" number is not the same for your lease. Also, walk away if they don't disclose the money factor. They can base it on A-tier credit and still mark up the rate for extra profit.
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Also for MF here is what I got:
"I will be glad to oblige however we are not in the habit of disclosing to our competitors (directly or indirectly) what figures we use in our calculations but everything will be disclosed to our customers at the time of sale when you meet with our finance department--I'm sure you can appreciate this. I will confirm that the residual is 57% or 17,011.65"
So again, even their GM won't tell me the MF.
No wonder they won't disclose the money factor..
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Looking at 36mo/10k and 36/12
2016 - .00115 and 57% / 56%. $1000 lease cash.
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