2017 Volkswagen GTI Lease Deals and Prices

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  • MichaellMichaell Moderator Posts: 258,978
    edited December 2017
    alinini said:

    Getting a deal by a dealer and wanted to know your input on it.
    Golf GTI Sport DSG
    MSRP: 30640
    Selling Price: 24140
    Money Factor: 0.00220
    36 months 15k miles
    51% residual
    Zero down payment
    $365/month.

    He is not willing to change the money factor with the same discount and when I tried to get him to make the selling price at 25k and then give me a base money factor, he said he just cant do it.

    .00110 and 51%; $1200 lease cash

    With your prices, I get $324/mo plus tax.

    Ask the dealer what adjusted cap cost they are using for their payment quote.

    Frankly, I'd walk away from a dealer that doubled (!) the MF.

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  • wildfiftywildfifty Member Posts: 6
    Hello, I am looking for the RV and MF on a 2017 GTI SE DSG for 10k/36 and 12k/36 and and lease cash incentives in the VA/MD/DC area? Also, any numbers on the 2018's yet? Thanks!
  • kyfdxkyfdx Moderator Posts: 260,829
    wildfifty said:

    Hello, I am looking for the RV and MF on a 2017 GTI SE DSG for 10k/36 and 12k/36 and and lease cash incentives in the VA/MD/DC area? Also, any numbers on the 2018's yet? Thanks!

    .00110 MF and 54%/53% residual
    $1200 lease cash

    No 2018 info

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  • mehrshomehrsho Member Posts: 4
    Hi. Can I please have the money factor and residual for a 2017 GTI Autobahn DSG for 10k/36 months and 15k/36 months lease terms in Southern California? Thanks very much!
  • kyfdxkyfdx Moderator Posts: 260,829
    mehrsho said:

    Hi. Can I please have the money factor and residual for a 2017 GTI Autobahn DSG for 10k/36 months and 15k/36 months lease terms in Southern California? Thanks very much!

    .00110 MF and 54%/51% residual
    $1200 lease cash

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  • cganilo93cganilo93 Member Posts: 7
    Hi - super confused about some lease pricing I just received and would love your help.
    2017 GTI SE 36/12 with $0 down was $498/month here in Colorado. That feels stupid high.
    MSRP was $33,230 selling price 27,650 +$399 and $498. Total was $28,547.
    My Questions:
    1. Feels super high, agree?
    2. Dlr would not give me MF or Residual, can you let me know what they should be?

    Thanks!
  • MichaellMichaell Moderator Posts: 258,978
    cganilo93 said:

    Hi - super confused about some lease pricing I just received and would love your help.
    2017 GTI SE 36/12 with $0 down was $498/month here in Colorado. That feels stupid high.
    MSRP was $33,230 selling price 27,650 +$399 and $498. Total was $28,547.
    My Questions:
    1. Feels super high, agree?
    2. Dlr would not give me MF or Residual, can you let me know what they should be?

    Thanks!

    .00110 and 53%
    $1200 lease cash

    Yes, that payment looks crazy high for a $33K car.

    No reference to the $625 bank fee for VW; that's likely added to the selling price as well.

    What tax rate?

    What dealer are you working with? I had no problems when I worked with McDonald on Broadway in Denver last year for my Jetta lease.

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  • cganilo93cganilo93 Member Posts: 7
    Thanks for the response - and glad you agree that it's crazy high.

    I'm working with Gebhardt VW, I had previously leased a 2012 GTI from them many years ago and was pretty happy with the deal.

    My tax rate is 7.4%.

    When I plug all the numbers into Leasehackr I get very different figures at $376/mth all in, including tax, doc fee and the $625 acquisition fee.

    Any suggestions? I love the car and would lease it in a heartbeat if the Leasehackr numbers were accurate.
  • amersiddiqui24amersiddiqui24 Member Posts: 6
    Hi,

    Can you provide me with the money factor and residual value for a 2017 VW Gti, all trims?

    Northern California with top tier credit.


    Thanks in advance
  • MichaellMichaell Moderator Posts: 258,978
    cganilo93 said:

    Thanks for the response - and glad you agree that it's crazy high.

    I'm working with Gebhardt VW, I had previously leased a 2012 GTI from them many years ago and was pretty happy with the deal.

    My tax rate is 7.4%.

    When I plug all the numbers into Leasehackr I get very different figures at $376/mth all in, including tax, doc fee and the $625 acquisition fee.

    Any suggestions? I love the car and would lease it in a heartbeat if the Leasehackr numbers were accurate.

    You need to get the adjusted cap cost from the dealer - this is the selling price plus any fees you aren't paying up front.

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  • MichaellMichaell Moderator Posts: 258,978

    Hi,

    Can you provide me with the money factor and residual value for a 2017 VW Gti, all trims?

    Northern California with top tier credit.


    Thanks in advance

    .00110 and 51% for 36/15
    $1200 lease cash

    All trims

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  • cganilo93cganilo93 Member Posts: 7
    Copy that. I'll get that and hopefully it'll explain the madness pricing.
  • cganilo93cganilo93 Member Posts: 7
    Well...I got my answer. The MF is .00289 which is 3x (give or take) what you advised. In his email to me this morning he mentioned the following:

    "For the money factor, we have a choice on incentives, take the standard rate (which we did) and get an additional $2,000 off or take the special rate and lose $2,000 in discount. The payment is pretty much identical whichever incentive you take."

    I've attached the numbers here

    I suspect I should follow your previous advice by walking away from any dealer that triples the national MF rate.
  • MichaellMichaell Moderator Posts: 258,978
    cganilo93 said:

    Well...I got my answer. The MF is .00289 which is 3x (give or take) what you advised. In his email to me this morning he mentioned the following:

    "For the money factor, we have a choice on incentives, take the standard rate (which we did) and get an additional $2,000 off or take the special rate and lose $2,000 in discount. The payment is pretty much identical whichever incentive you take."

    I've attached the numbers here

    I suspect I should follow your previous advice by walking away from any dealer that triples the national MF rate.

    Yeah, plenty of VW dealers to choose from. Only takes one to meet your numbers.

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  • kyfdxkyfdx Moderator Posts: 260,829
    cganilo93 said:

    Copy that. I'll get that and hopefully it'll explain the madness pricing.

    Just keep in mind.. you aren't going to get a discount from MSRP like that, using the base rates. The dealer was being honest with you about how it works.

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  • alininialinini Member Posts: 31
    Any update on the 2018 GTIs? Seen a couple of dealers in Texas have the 2018 in inventory already.
  • kyfdxkyfdx Moderator Posts: 260,829
    alinini said:

    Any update on the 2018 GTIs? Seen a couple of dealers in Texas have the 2018 in inventory already.

    No.. we probably won't see programs until January

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  • silverduckiesilverduckie Member Posts: 25
    edited December 2017
    Can I get MF and residual for 36/12k on the 4-door Sport, SE, and Autobahn models? Also any lease incentive?
  • kyfdxkyfdx Moderator Posts: 260,829

    Can I get MF and residual for 36/12k on the 4-door Sport, SE, and Autobahn models? Also any lease incentive?

    .00110 and 53% for 36/12
    $1200 lease cash

    All trims

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  • silverduckiesilverduckie Member Posts: 25
    kyfdx said:

    Can I get MF and residual for 36/12k on the 4-door Sport, SE, and Autobahn models? Also any lease incentive?

    .00110 and 53% for 36/12
    $1200 lease cash

    All trims
    Dealer upcahrging MF to .00220. Why are they doing this? they are discounting sales price 20%, but this is advertised on their website. I do not see what the point of the discount is if they are just going to up the MF by x2.
  • MichaellMichaell Moderator Posts: 258,978

    kyfdx said:

    Can I get MF and residual for 36/12k on the 4-door Sport, SE, and Autobahn models? Also any lease incentive?

    .00110 and 53% for 36/12
    $1200 lease cash

    All trims
    Dealer upcahrging MF to .00220. Why are they doing this? they are discounting sales price 20%, but this is advertised on their website. I do not see what the point of the discount is if they are just going to up the MF by x2.
    Dealers has to make money, somewhere. Trying to offset the big discount from sticker.

    Find another dealer, more willing to accommodate you.

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  • camarowithanacamarowithana Member Posts: 14
    Hi, can you please provide MF and residual for 2017 DSG GTI S and SE for 36/12 lease in TX? (top tier credit).

    Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 260,829

    Hi, can you please provide MF and residual for 2017 DSG GTI S and SE for 36/12 lease in TX? (top tier credit).

    Thanks in advance!

    .00110 and 53% for 36/12
    $1200 lease cash

    All trims

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  • alininialinini Member Posts: 31
    Hi, any changes to the 2017 model lease deals? also any updates for 2018 model deals?
  • kyfdxkyfdx Moderator Posts: 260,829
    alinini said:

    Hi, any changes to the 2017 model lease deals? also any updates for 2018 model deals?

    VW programs have been extended through Thursday.
    New programs scheduled for release on Friday.

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  • maplefingersmaplefingers Member Posts: 10
    Hey there - did the new programs happen to come out today? Curious to see where 2017 numbers are vs. 2018. Thanks!
  • MichaellMichaell Moderator Posts: 258,978

    Hey there - did the new programs happen to come out today? Curious to see where 2017 numbers are vs. 2018. Thanks!

    The current VW programs have been extended through Monday, 8 January.

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  • yaymx5yaymx5 Member Posts: 24
    kyfdx said:
    Also can someone confirm that currently all VW leases come with GAP insurance included?
    Yes.. all new car leases through VW Credit have GAP included.

    If VW Credit includes GAP insurance, then does that mean it is ok to do a single-pay lease with VW?

    (P.S. Sorry for digging up an old post.)



  • kyfdxkyfdx Moderator Posts: 260,829
    yaymx5 said:


    kyfdx said:

    kmotor14 said:

    Also can someone confirm that currently all VW leases come with GAP insurance included?

    Yes.. all new car leases through VW Credit have GAP included.

    If VW Credit includes GAP insurance, then does that mean it is ok to do a single-pay lease with VW?

    (P.S. Sorry for digging up an old post.)





    Yes... but, it would be, even without GAP.

    Single-pay leases aren't the same as making a big CAP cost reduction. The payments are calculated using a reduced money factor, and then added together. Even though you pay them upfront, the payments are considered as being paid sequentially. If the lease ends early, involuntarily, then unused payments are refunded, before calculating payoff, insurance, GAP, etc.

    Almost every bank, other than Toyota Financial Services includes GAP, at no extra charge.

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  • alininialinini Member Posts: 31
    Hi, any update yet on the new programs for 2018 and 2017?
  • kyfdxkyfdx Moderator Posts: 260,829
    alinini said:

    Hi, any update yet on the new programs for 2018 and 2017?

    December programs extended through today. New programs out tomorrow

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  • maplefingersmaplefingers Member Posts: 10
    Hey guys - thanks for all the help on these forums!

    Any word on the new programs / numbers that may have come out today?

    Specifically thinking about a 2017 GTI S Auto in Oregon with 10k. Thanks!
  • kyfdxkyfdx Moderator Posts: 260,829

    Hey guys - thanks for all the help on these forums!

    Any word on the new programs / numbers that may have come out today?

    Specifically thinking about a 2017 GTI S Auto in Oregon with 10k. Thanks!

    .00001 MF and 53% residual
    $500 lease cash

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  • alininialinini Member Posts: 31
    Hi,
    looking for 2017 GTi Sport with 36 months 15k miles. Whats the MF and Residual? Also any numbers on the 2018 models?

    Thank you for all your help!
  • MichaellMichaell Moderator Posts: 258,978
    alinini said:

    Hi,
    looking for 2017 GTi Sport with 36 months 15k miles. Whats the MF and Residual? Also any numbers on the 2018 models?

    Thank you for all your help!

    .00001 and 50%
    $500 lease cash

    2018 GTI thread is here:

    https://forums.edmunds.com/discussion/49897/volkswagen/gti/2018-volkswagen-gti-lease-deals-and-prices#latest

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  • saceitunosaceituno Member Posts: 3
    Same money factor for all 2017 Trims ?

    I'm looking to lease a 2017 Sport with 10k
  • MichaellMichaell Moderator Posts: 258,978
    saceituno said:

    Same money factor for all 2017 Trims ?

    I'm looking to lease a 2017 Sport with 10k

    Yes.

    .00001 and 53%
    $500 lease cash

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  • saceitunosaceituno Member Posts: 3
    Is the .00001 MF less than what it was last month? If so, payments should be less right?
  • kyfdxkyfdx Moderator Posts: 260,829
    saceituno said:

    Is the .00001 MF less than what it was last month? If so, payments should be less right?

    Last month's money factor was .00110

    But, residual is down 1% from last month
    and lease cash is down from $1200 last month.

    So, might be slightly cheaper...

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  • smileyfacesunsmileyfacesun Member Posts: 35
    Is the MF and RV the same for manual?

    how about 24/10 manual? thanks!
  • MichaellMichaell Moderator Posts: 258,978

    Is the MF and RV the same for manual?

    how about 24/10 manual? thanks!

    Same numbers for manual.

    24/10 residual is 64%

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  • yaymx5yaymx5 Member Posts: 24
    Do you have 2018 lease programs for the GTI yet?

    And, is there a 2018 GTI thread? (I searched but didn't find it.)
  • alininialinini Member Posts: 31
    yaymx5 said:
    Do you have 2018 lease programs for the GTI yet?

    And, is there a 2018 GTI thread? (I searched but didn't find it.)

    https://forums.edmunds.com/discussion/49897/volkswagen/gti/2018-volkswagen-gti-lease-deals-and-prices#latest
  • MichaellMichaell Moderator Posts: 258,978
    alinini said:


    yaymx5 said:

    Do you have 2018 lease programs for the GTI yet?

    And, is there a 2018 GTI thread? (I searched but didn't find it.)

    https://forums.edmunds.com/discussion/49897/volkswagen/gti/2018-volkswagen-gti-lease-deals-and-prices#latest


    Thanks for the assist!

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  • yaymx5yaymx5 Member Posts: 24
    For the 2017 GTI, what are the RV, MF, and lease cash for 48/12 and 48/15 leases?
    And, I am also curious about 42/12 and 42/15 lease numbers if VW is currently doing them.
  • kyfdxkyfdx Moderator Posts: 260,829

    Is the MF and RV the same for manual?

    how about 24/10 manual? thanks!

    .00001 MF and 60% residual

    All trims, all configurations

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  • smileyfacesunsmileyfacesun Member Posts: 35
    kyfdx said:

    Is the MF and RV the same for manual?

    how about 24/10 manual? thanks!

    .00001 MF and 60% residual

    All trims, all configurations
    Thanks! RV is 60% or 64%? Michaell mentioned above is 64%
  • kyfdxkyfdx Moderator Posts: 260,829

    kyfdx said:

    Is the MF and RV the same for manual?

    how about 24/10 manual? thanks!

    .00001 MF and 60% residual

    All trims, all configurations
    Thanks! RV is 60% or 64%? Michaell mentioned above is 64%
    60%

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  • smileyfacesunsmileyfacesun Member Posts: 35
    kyfdx said:

    kyfdx said:

    Is the MF and RV the same for manual?

    how about 24/10 manual? thanks!

    .00001 MF and 60% residual

    All trims, all configurations
    Thanks! RV is 60% or 64%? Michaell mentioned above is 64%
    60%
    Thanks for confirming!
  • dalemadalema Member Posts: 91
    edited January 2018
    kyfdx said:

    Is the MF and RV the same for manual?

    how about 24/10 manual? thanks!

    .00001 MF and 60% residual

    All trims, all configurations
    Wow - that’s a super low MF! Thanks.

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