Lease Offer - 2017 Golf Sportwagen SE - NOT Alltrack or AWD

bayboyhdgbayboyhdg Member Posts: 3
edited June 2017 in Volkswagen
Looking for feedback on this offer:

MSRP : $28,170
-Term : 36month(3year)
-Allow mile/year : 12,000mile/year (3year/36,000mile)
-Money Factor : 0.00201
-Residual : 59% ($16,620.30)
-Down payment : Zero (1st payment only)

-Lease payment : $399/36omnth (Include MD sales taxes, MD tag and all fees)
Price available until Oct 31. 2016

Comments

  • kyfdxkyfdx Moderator Posts: 256,220
    bayboyhdg said:

    Looking for feedback on this offer:

    MSRP : $28,170
    -Term : 36month(3year)
    -Allow mile/year : 12,000mile/year (3year/36,000mile)
    -Money Factor : 0.00201
    -Residual : 59% ($16,620.30)
    -Down payment : Zero (1st payment only)

    -Lease payment : $399/36omnth (Include MD sales taxes, MD tag and all fees)
    Price available until Oct 31. 2016

    I confirm the money factor and residual.
    To get that payment, the CAP cost would have to about $27,800.
    With 6% tax on the full selling price, that puts the selling price somewhere between $25,000-$25,500.

    That looks like a decent deal, but that sure isn't a cheap lease. I think I'd buy it, before I'd pay $400/mo. to lease it.

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  • bayboyhdgbayboyhdg Member Posts: 3
    This is what the dealer sent me. Where are the gotchas?


  • kyfdxkyfdx Moderator Posts: 256,220
    That's a big giant doc fee, but a really low price to make up for it.

    The tax number is not right, and given the monthly price, it's not likely the number that was used, either.. Should be somewhere around $1600 or so.

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  • ariknycariknyc Member Posts: 38
    This is a horrible price. Your monthly should be about $260 with these numbers. $400 per month is insane. :'(
  • bayboyhdgbayboyhdg Member Posts: 3
    Thanks for feedback, everyone. We are still looking for the right deal. Northern VA dealerships offer very aggressive pricing ~ $6000 off MSRP. Doc fees are higher and interest rate may be higher if financing. Hope to post a new deal for review tomorrow.
  • helpbasshelpbass Member Posts: 14
    Hola! What's the MF and residual for December on 36m, 12k mile lease on Golf SportWagen SEL? Thanks!
  • kyfdxkyfdx Moderator Posts: 256,220
    helpbass said:

    Hola! What's the MF and residual for December on 36m, 12k mile lease on Golf SportWagen SEL? Thanks!

    .00202 MF and 58% residual

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  • helpbasshelpbass Member Posts: 14
    @kyfdx That MF is really high (4.85%) and it looks like SEL models are hard to come by :-(
  • MichaellMichaell Moderator Posts: 254,391
    helpbass said:

    @kyfdx That MF is really high (4.85%) and it looks like SEL models are hard to come by :-(

    Popularity generally means poor lease numbers.

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  • ze_autobahnze_autobahn Member Posts: 80
    Hi there! I'm looking at a Golf Sportwagen SEL 36 month 12k lease MF and residual. Current lessee with VW Credit in Coloroado. Thanks!!
  • kyfdxkyfdx Moderator Posts: 256,220

    Hi there! I'm looking at a Golf Sportwagen SEL 36 month 12k lease MF and residual. Current lessee with VW Credit in Coloroado. Thanks!!

    .00130 MF and 57% residual

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  • edyizmeedyizme Member Posts: 7
    Looks like this thread is a little old, but I am looking to lease a Golf Sportwagen FWD S or SE, for 36 months and 10k miles a year. Could I get the MF and RV and lease cash if any for these two models? Thank you!
  • kyfdxkyfdx Moderator Posts: 256,220
    edyizme said:

    Looks like this thread is a little old, but I am looking to lease a Golf Sportwagen FWD S or SE, for 36 months and 10k miles a year. Could I get the MF and RV and lease cash if any for these two models? Thank you!

    .00070 MF and 56% residual.
    $750 lease cash
    Either trim.

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  • edyizmeedyizme Member Posts: 7
    Thanks kyfdx! Just realized the FWD Sportwagen S doesn't have heated seats which is a no no in Illinois while the AWD version does. Is it possible to get the MF and RV for the AWD Sportwagen S? Thanks again!
  • MichaellMichaell Moderator Posts: 254,391
    edyizme said:

    Thanks kyfdx! Just realized the FWD Sportwagen S doesn't have heated seats which is a no no in Illinois while the AWD version does. Is it possible to get the MF and RV for the AWD Sportwagen S? Thanks again!

    .00070 and 58%

    $1000 lease cash

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  • edyizmeedyizme Member Posts: 7
    Do you happen to know what the financing cash is for the Sportwagen S, both FWD and 4Motion? It would be helpful to know how much of the internet price is discounted due to the financing cash vs lease cash, which would help with negotiating. One salesman said it was $2,500 for the S FWD, but not sure exactly. Thanks!
  • MichaellMichaell Moderator Posts: 254,391
    edyizme said:

    Do you happen to know what the financing cash is for the Sportwagen S, both FWD and 4Motion? It would be helpful to know how much of the internet price is discounted due to the financing cash vs lease cash, which would help with negotiating. One salesman said it was $2,500 for the S FWD, but not sure exactly. Thanks!

    $750 lease cash on FWD
    $1000 lease cash on 4Motion

    $1000 financing bonus on both FWD and 4Motion

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  • zeetwentyfourzeetwentyfour Member Posts: 13
    Awd 36/12 NY
  • MichaellMichaell Moderator Posts: 254,391

    Awd 36/12 NY

    .00060 and 56%

    $950 lease cash

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  • carmapolice1carmapolice1 Member Posts: 1
    Hi, Can you tell me the MF and Res for the Sportwagen SE 36/10 in VT? Thanks!
  • kyfdxkyfdx Moderator Posts: 256,220

    Hi, Can you tell me the MF and Res for the Sportwagen SE 36/10 in VT? Thanks!

    .00060 MF and 55% residual
    $1350 lease cash

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  • vic_14vic_14 Member Posts: 14
    Could you please give me MF and residual on a 17 GSW S (4motion) in Los Angeles, CA?

    36M/12K lease

    Any current incentives in September? TIA
  • MichaellMichaell Moderator Posts: 254,391
    vic_14 said:

    Could you please give me MF and residual on a 17 GSW S (4motion) in Los Angeles, CA?

    36M/12K lease

    Any current incentives in September? TIA

    .00060 and 55%; $250 lease cash

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  • vic_14vic_14 Member Posts: 14
    Thank you Michaell.
  • twatchko01twatchko01 Member Posts: 23
    Looking for residual and MF for 2017 GSW (non 4Motion) SEL 36/10 in Los Angeles area. Thank you!
  • kyfdxkyfdx Moderator Posts: 256,220

    Looking for residual and MF for 2017 GSW (non 4Motion) SEL 36/10 in Los Angeles area. Thank you!

    .00060 MF and 54% residual
    $650 lease cash

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