I'm looking at leasing a new 2017 Golf S, with manual transmission. I see that the MF is .00001 and the residual for a 36 month lease is 58%, if I read the thread correctly. I also see that there is cash back to the dealer, but I believe that is only for a purchase. Can anyone confirm? Also, I currently lease an Audi A4 (the Golf is for my son), since they're both going to be via VW credit, can I get any additional deals, etc.?
Thanks!
We show no lease cash for the Golf S.
Not sure that having an Audi qualifies you for the loyalty incentive. Same corporate owner, different banks (VW Credit vs. Audi Financial Services)
Thank you, Michaell. If my brain still works, that MF is only 0.024% (MF * 2400 = APR). Is that correct? Seems really low, but I guess maybe due to all the TDI mess.
I'm looking at leasing a new 2017 Golf S, with manual transmission. I see that the MF is .00001 and the residual for a 36 month lease is 58%, if I read the thread correctly. I also see that there is cash back to the dealer, but I believe that is only for a purchase. Can anyone confirm? Also, I currently lease an Audi A4 (the Golf is for my son), since they're both going to be via VW credit, can I get any additional deals, etc.?
Thanks!
We show no lease cash for the Golf S.
Not sure that having an Audi qualifies you for the loyalty incentive. Same corporate owner, different banks (VW Credit vs. Audi Financial Services)
Thank you, Michaell. If my brain still works, that MF is only 0.024% (MF * 2400 = APR). Is that correct? Seems really low, but I guess maybe due to all the TDI mess.
Yes, that MF equates to almost free money for the lease.
My Jetta lease (MF .00005) has a total rent charge of $53 for all 36 months.
So, since the lease is basically free money, I'm looking to bump up to the Wolfsburg edition. The dealer is giving me a quote of $20019, including the $1500 dealer incentive. So, if I do the math right (22415 msrp), that's about $900 off sticker and then the incentive.
Edmunds price estimate is $20807, which I believe does not include the incentive. Is that correct? If so, it seems there's another $700 I should be able to get. Does that sound right?
So, since the lease is basically free money, I'm looking to bump up to the Wolfsburg edition. The dealer is giving me a quote of $20019, including the $1500 dealer incentive. So, if I do the math right (22415 msrp), that's about $900 off sticker and then the incentive.
Edmunds price estimate is $20807, which I believe does not include the incentive. Is that correct? If so, it seems there's another $700 I should be able to get. Does that sound right?
Thanks in advance.
If it's dealer cash (and it is), then that is accounted for in TMV.
So, since the lease is basically free money, I'm looking to bump up to the Wolfsburg edition. The dealer is giving me a quote of $20019, including the $1500 dealer incentive. So, if I do the math right (22415 msrp), that's about $900 off sticker and then the incentive.
Edmunds price estimate is $20807, which I believe does not include the incentive. Is that correct? If so, it seems there's another $700 I should be able to get. Does that sound right?
Thanks in advance.
If it's dealer cash (and it is), then that is accounted for in TMV.
Thanks, I didn't realize that. The good news is that there is a car only 2 hours away that is advertised for $19380. I don't love white, but I think i can use that to negotiate the price lower. Hopefully they'll just match it.
So, since the lease is basically free money, I'm looking to bump up to the Wolfsburg edition. The dealer is giving me a quote of $20019, including the $1500 dealer incentive. So, if I do the math right (22415 msrp), that's about $900 off sticker and then the incentive.
Edmunds price estimate is $20807, which I believe does not include the incentive. Is that correct? If so, it seems there's another $700 I should be able to get. Does that sound right?
Thanks in advance.
If it's dealer cash (and it is), then that is accounted for in TMV.
Thanks, I didn't realize that. The good news is that there is a car only 2 hours away that is advertised for $19380. I don't love white, but I think i can use that to negotiate the price lower. Hopefully they'll just match it.
Sorry to ask so many questions on the same topic, but I guess that's why we're here. The dealer said they'd match the price but because I want to lease they lose the $1500 incentive. I don't know that that is accurate. Can anyone confirm that? Or is that really up to them?
However, the numbers they sent me for the lease are also about $37 high per month. I believe they are charging me a premium on the MF and using .001. If that the case, it's time to walk away.
So, since the lease is basically free money, I'm looking to bump up to the Wolfsburg edition. The dealer is giving me a quote of $20019, including the $1500 dealer incentive. So, if I do the math right (22415 msrp), that's about $900 off sticker and then the incentive.
Edmunds price estimate is $20807, which I believe does not include the incentive. Is that correct? If so, it seems there's another $700 I should be able to get. Does that sound right?
Thanks in advance.
If it's dealer cash (and it is), then that is accounted for in TMV.
Thanks, I didn't realize that. The good news is that there is a car only 2 hours away that is advertised for $19380. I don't love white, but I think i can use that to negotiate the price lower. Hopefully they'll just match it.
Sorry to ask so many questions on the same topic, but I guess that's why we're here. The dealer said they'd match the price but because I want to lease they lose the $1500 incentive. I don't know that that is accurate. Can anyone confirm that? Or is that really up to them?
However, the numbers they sent me for the lease are also about $37 high per month. I believe they are charging me a premium on the MF and using .001. If that the case, it's time to walk away.
There is no lease cash on the Golf, so it's certainly possible that the incentive is only for financing.
And, of course, if they are marking up the money factor, they aren't really matching the price
Is there always an acquisition fee on leases? Is there a backdoor way for me to determine if they're marking up the MF? They appear to be going with the residual you've quoted. I always 2nd guess deals!
Is there always an acquisition fee on leases? Is there a backdoor way for me to determine if they're marking up the MF? They appear to be going with the residual you've quoted. I always 2nd guess deals!
Yes.. .always an acquisition fee. Looks like it's probably in your $1100 drive off. If that total price was the adjusted CAP cost, I get $270/mo. If tax and state fees are in your price, then the drive-off seems a little high. ($625 acq. + 1st payment)
Do you know, and can you say, what offers will be available in August? I'm most interested in the Golf Wolfsburg but also the GTI Sport, both with manual transmission. I ask because in speaking to my local dealer's internet salesperson about purchasing vs. leasing they recommended I wait and see what August has in store as far as offers go. I don't want to wait too long though because I'm eligible for the Jetta Pull Ahead program but my payments are due the 3rd of each month. Thank you in advance.
Do you know, and can you say, what offers will be available in August? I'm most interested in the Golf Wolfsburg but also the GTI Sport, both with manual transmission. I ask because in speaking to my local dealer's internet salesperson about purchasing vs. leasing they recommended I wait and see what August has in store as far as offers go. I don't want to wait too long though because I'm eligible for the Jetta Pull Ahead program but my payments are due the 3rd of each month. Thank you in advance.
Nobody - not even the dealers - knows what the numbers will look like in August.
This is the first time I've heard of a salesperson at a dealership tell a potential customer to wait until the next month.
Do you know, and can you say, what offers will be available in August? I'm most interested in the Golf Wolfsburg but also the GTI Sport, both with manual transmission. I ask because in speaking to my local dealer's internet salesperson about purchasing vs. leasing they recommended I wait and see what August has in store as far as offers go. I don't want to wait too long though because I'm eligible for the Jetta Pull Ahead program but my payments are due the 3rd of each month. Thank you in advance.
Nobody - not even the dealers - knows what the numbers will look like in August.
This is the first time I've heard of a salesperson at a dealership tell a potential customer to wait until the next month.
I was very surprised as well but she said, "If you're looking to purchase, I would suggest to see what offers we have launching next month. I can't tell you what's going on but I can assure you it's something you don't want to miss." That was taken directly from an email. Perhaps it's an offer from the dealership itself, this particular dealer has been known to give cruises and TVs to buyers in the past. Thanks again
Do you know, and can you say, what offers will be available in August? I'm most interested in the Golf Wolfsburg but also the GTI Sport, both with manual transmission. I ask because in speaking to my local dealer's internet salesperson about purchasing vs. leasing they recommended I wait and see what August has in store as far as offers go. I don't want to wait too long though because I'm eligible for the Jetta Pull Ahead program but my payments are due the 3rd of each month. Thank you in advance.
Nobody - not even the dealers - knows what the numbers will look like in August.
This is the first time I've heard of a salesperson at a dealership tell a potential customer to wait until the next month.
I was very surprised as well but she said, "If you're looking to purchase, I would suggest to see what offers we have launching next month. I can't tell you what's going on but I can assure you it's something you don't want to miss." That was taken directly from an email. Perhaps it's an offer from the dealership itself, this particular dealer has been known to give cruises and TVs to buyers in the past. Thanks again
Interesting. Wonder what pull they have with VW Credit to get a preview of next months programs.
Thank you so much for posting in this forum guys. I took advantage of the Jetta Pull Ahead program today and picked up a Golf Wolfsburg. While I was signing all the ppwk I asked what the MF they used was. It wasn't .00001! I think he said they used .00025! Armed with the knowledge you guys shared I was able to shave $9/mo off my payment and save $324 over the life of the lease! Thanks again!
Thank you so much for posting in this forum guys. I took advantage of the Jetta Pull Ahead program today and picked up a Golf Wolfsburg. While I was signing all the ppwk I asked what the MF they used was. It wasn't .00001! I think he said they used .00025! Armed with the knowledge you guys shared I was able to shave $9/mo off my payment and save $324 over the life of the lease! Thanks again!
Hi Guys, I see the numbers for 36/10, but what about 36/12 for a Golf Wolfsburg.
Also, I know you guys can't predict, but since you have experience, would you anticipate that September numbers would be similar or better as the end of the model year gets closer? Shouldn't they continue to get better as the 2018s get closer to release? I'm not sure I'll be able to complete the deal this week.
Hi Guys, I see the numbers for 36/10, but what about 36/12 for a Golf Wolfsburg.
Also, I know you guys can't predict, but since you have experience, would you anticipate that September numbers would be similar or better as the end of the model year gets closer? Shouldn't they continue to get better as the 2018s get closer to release? I'm not sure I'll be able to complete the deal this week.
Thanks
Subtract 1% from the residual to go from 10K to 12K
If I were to guess, I wouldn't expect big changes from August to September. I suppose a lot depends on how much inventory there is, nationwide, and when the 2018's are expected to arrive.
By the way, this includes $500 off for partner program.
That $1779 is hiding about $50/mo from the payment - true cost is $245/mo
If it were me (and it was, last year, when I leased a Jetta), my only up front cash was the first payment and DMV costs (which are not handled at the dealer, in CO). Everything else was rolled into the monthly payment. And, I'm paying $226/mo, with tax included.
Any changes for a Wolfsburg 36/12 Auto now that labor day is over?
I know...just go buy the car...i'm literally waiting for a dealer to call and make an offer...lousy dealers around here don't seem interested in selling cars.
Any changes for a Wolfsburg 36/12 Auto now that labor day is over?
I know...just go buy the car...i'm literally waiting for a dealer to call and make an offer...lousy dealers around here don't seem interested in selling cars.
Hello! Looking for numbers for Golf Wolfsburg Manual 36/10, Minnesota.
Also - are incentives combinable? I saw a recent grad discount advertised, plus $1000 cash incentive. I'm a current VW credit customer, so also wondering whether there's a loyalty bonus. Thanks so much!
Hello! Looking for numbers for Golf Wolfsburg Manual 36/10, Minnesota.
Also - are incentives combinable? I saw a recent grad discount advertised, plus $1000 cash incentive. I'm a current VW credit customer, so also wondering whether there's a loyalty bonus. Thanks so much!
.00051 and 57%
Grad and loyalty (if available) should combine. The $1000 cash incentive is likely for purchase only.
Comments
My Jetta lease (MF .00005) has a total rent charge of $53 for all 36 months.
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Edmunds price estimate is $20807, which I believe does not include the incentive. Is that correct? If so, it seems there's another $700 I should be able to get. Does that sound right?
Thanks in advance.
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Thanks!
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However, the numbers they sent me for the lease are also about $37 high per month. I believe they are charging me a premium on the MF and using .001. If that the case, it's time to walk away.
However, the numbers they sent me for the lease are also about $37 high per month. I believe they are charging me a premium on the MF and using .001. If that the case, it's time to walk away.
There is no lease cash on the Golf, so it's certainly possible that the incentive is only for financing.
And, of course, if they are marking up the money factor, they aren't really matching the price
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Looks like it's probably in your $1100 drive off.
If that total price was the adjusted CAP cost, I get $270/mo.
If tax and state fees are in your price, then the drive-off seems a little high. ($625 acq. + 1st payment)
Ask them what money factor they are using.
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$1350 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
S 4Motion 36/10:
.00060 MF and 57% residual
$950 lease cash
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No lease cash on the WB trim, this month.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
This is the first time I've heard of a salesperson at a dealership tell a potential customer to wait until the next month.
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Thanks again
Thanks again
Interesting. Wonder what pull they have with VW Credit to get a preview of next months programs.
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Thanks
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
54% is the 36/10 residual for SE or SEL
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Golf Wolfsburg
36/10
N. Calif
Thanks!
$250 lease cash
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Brian
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Also, I know you guys can't predict, but since you have experience, would you anticipate that September numbers would be similar or better as the end of the model year gets closer? Shouldn't they continue to get better as the 2018s get closer to release? I'm not sure I'll be able to complete the deal this week.
Thanks
If I were to guess, I wouldn't expect big changes from August to September. I suppose a lot depends on how much inventory there is, nationwide, and when the 2018's are expected to arrive.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2017 Golf SE
MSRP $26,620
After dealer discount and 500 rebate = $24,110
$179 + tax
$2,279 customer cash down
Thanks!
California.
Ask the dealer what adjusted cap cost they are using for that payment offer.
As is, I get $271/mo before tax with those prices.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36/10
$195 (monthly with tax already included)
Total Inception Fees = $1414.97
Cash Cap Reduction = $1779.00
Total Drive Off = $3193.97
If it were me (and it was, last year, when I leased a Jetta), my only up front cash was the first payment and DMV costs (which are not handled at the dealer, in CO). Everything else was rolled into the monthly payment. And, I'm paying $226/mo, with tax included.
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I know...just go buy the car...i'm literally waiting for a dealer to call and make an offer...lousy dealers around here don't seem interested in selling cars.
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Also - are incentives combinable? I saw a recent grad discount advertised, plus $1000 cash incentive. I'm a current VW credit customer, so also wondering whether there's a loyalty bonus. Thanks so much!
Grad and loyalty (if available) should combine. The $1000 cash incentive is likely for purchase only.
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