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.
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!
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!
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!
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!
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?
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.
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.
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.
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.
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.
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.
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.
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.
Comments
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.
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
$1200 lease cash
No 2018 info
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
$1200 lease cash
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
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!
$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.
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
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.
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
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
$1200 lease cash
All trims
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
"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.
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
$1200 lease cash
All trims
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Find another dealer, more willing to accommodate you.
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
Thanks in advance!
$1200 lease cash
All trims
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
New programs scheduled for release on Friday.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
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.)
(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.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
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!
$500 lease cash
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
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!
$500 lease cash
2018 GTI thread is here:
https://forums.edmunds.com/discussion/49897/volkswagen/gti/2018-volkswagen-gti-lease-deals-and-prices#latest
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
I'm looking to lease a 2017 Sport with 10k
.00001 and 53%
$500 lease cash
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
But, residual is down 1% from last month
and lease cash is down from $1200 last month.
So, might be slightly cheaper...
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
how about 24/10 manual? thanks!
24/10 residual is 64%
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
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!
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
And, I am also curious about 42/12 and 42/15 lease numbers if VW is currently doing them.
All trims, all configurations
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator