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# 2013 and earlier Volkswagen Jetta Lease Questions

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## Comments

1I leased a jetta a few days ago. Was this an 'insane deal' (as the salesperson, of course, said)?

Specs:

2006 2.0T Jetta

Automatic

Option package #2

DVD Navigation

Rear side airbags

Price info:

MSRP: 30,115 (from the car sticker. Base price listed as 23,590)

Agreed upon value/cap cost: 27,406

Additional fees:

Acq. fee: 575

License, title, reg fee: 115

Documentation Fee (bleh): 175

Lease info:

36 month, 12k mi/yr

Up front: $1000 (covers 1st month)

Monthly, w/o tax: $385

Monthly, w/ tax: $404

So, is this a crazy insane deal? I thought it was fair, rather than insane. (Should that August $1000 dealer incentive apply to this car?) Sales guy said he couldn't go any lower on the price. The lease works out based on lease calculators, w/ the 53% residual, and the .00135 money factor.

Thanks!

-e.

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38,514As far as Volkswagen's lease program for this car goes, VW Credit's current buy rate lease money factor and residual value for a 48 month lease of a 2006 Jetta 2.5 (not the Value Edition model) with 15,000 miles per year are .00189 and 45%, respectively.

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38,514Volkswagen is still providing $750 lease cash on 2006 Jetta 2.5L models. You don't need to prove that it exists, both you and the dealer know that it definitely does. Either they will share it with you or they won't.

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38,514For any general questions that you have about leasing, check out the following discussions that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

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2Honda Civic LX 2007

No money out of pocket exept first month payment

MSRP $18,300

Payment $299

Months 48

Miles 12,000

Residual $11,500

Jetta 2006

MSRP $23,300

Payment $301

Months 48

Miles 12,000

Residual $11,500

I dont understand that the monthly payments are the same with such a difference in MSRP. Is one giving a good deal, or is one ripping me off. I went into one Jetta dealership to get that deal, yet went to 4 honda dealerships to get that deal. Please help me because we are going to lease very soon. THank you so much, your forum has been a big help.

38,514When negotiating your lease on the 2006 Jetta Value Edition, make sure to take the $750 lease cash that is currently available on it into account. This money will help you to negotiate an attractive capitalized cost.

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2132Looking at an 06 Jetta 2.0T. Used your info in your message - money Factor of .00143 and 51% residual. Based on a $25,801 selling price (TMV with options selected - PAS Pkge #1 w Sirius & Graphite Blue). I come up with payments for a 36 month lease of $457.66 - 15K per year and includes $500 incentive. Does this seem right to you? Guess I was hoping the residual was better

WWB

12MSRP $23,595 Invoice $21,852

24 month lease

12K per year

1800K down

$220 per month w/ out taxes

Is this a good deal for 24 months and what is the money factor that they used here or the currect money factor for 24 month leases on 2006's.

Can I possibly get this lease price down even lower !

Thanks Anna

2MSRP $23,874

For 24 month lease $220 per month b/f taxes

12,000 miles per year

1,800 down payment

Does this sound like a good price, What is the current lease incentive $500 from VW.

Thanks This is in New York, I was hopeing for an even better deal

Anna

260How too good to be true is the current lease promotion VW has on a Value Edition Jetta for $209.00/mo?

Granted, you need to put down close to 2K ($1,954) which includes 1st mo pay plus acquision fee of $575 and down payment (cap cost reduction?) of $1,170.

This car (very basic with manual tranz) is all we need for our older 18 yo daughter as her 1st car.

How much will the REAL payment be if we live in SO CAL with a tax rate of 8.25%?

If we up the mileage to 15K (instead of the 12/k per yr)how much more will it cost?

And lastly, what is the actual selling price of the car, which money factor are they using???

(both wife & I have 730+ FICO)

AND HOW DO THEY DO IT? Are we getting a raw deal or is it legit?

THANKX for any help!!!

3Money factor should be 0.00093 or 2.23% (nicely subsidized deal). Your real payment to start with is this 209 + 8.25% of the 209 if you do choose to pay $2K down - but I bet you can get the price down - and on a 24 mo lease this will have a visible effect on payments. In other words, the figure is quite real, just need to pay taxes.

15K miles will cost you 7c a mile worked into payments - effect for me was $15/mo more. My contract also says any extra miles cost 12c a mile.

How do they do it? This is one of the lease specials, where the manufacturer is financing leases at a much lower rate, plus the car is not selling hot anymore, so dealers are willing to negotiate. But make sure you do negotiate to get a good deal out of this.

2,282You don't say what model Jetta you are looking at.

3This is what I was offered on a 2006 Jetta 2.0T - is this an ok deal? I live in NC.

2006 Jetta 2.0T automatic

selling price $22,000

lease term: 24 months

money factor: .00072

no money down required

monthly payment of $229

also

2006 Jetta Value automatic

selling price: $18,000

lease term: 24 months

money factor: .00079

no money down required

monthly payment: $200

Thanks

22I am new to leasing and had severla questions before we signed the paper work!!

Background: the car we are looking at is a 2006 Jetta.

MSRP: 26,408.00.

12000k yr

Lease is for: 48 months

warranty 4 years/50k (standard. im guessing?)

engine: 2.5L/5 cylinder

package 2-all the bells and whistles

payments: $325.00 w/2500 down

does this sound like a good deal? Do I need to find out the invoice price for you? Is there any 'dickering' with the

final price when you lease? Do we really need anything down

for lease approval? (our credit is not the b est (like 650).

Would it be better to put down more like a thousand and even though it may be another $30/month use the remainder to

pay on the first 5-6 months of payments?

Do Volkswagon's depreciate less than most cars?

All other advice would be greatly appreciated???

thanks so much in advance....we are heading over tonight

to look at a few cars so all feedback is welcomed ASAP!!!

Regards,

Ted Bierman

23/33

1500/48

2,282Good Job!

2With the above information, is there anyway for you to use Jetta's actual lease program to give me an idea of what is a legitimate lease payment???

also a money factor would be good to know?

thanks nuch

8You may also want to look for certified used 2006 Jettas. They actually do exist and are several thousand dollars cheaper than your lease MSRP. If you can come up with enough down to get to 20k financed, at 60 months, that should be around 350 depending on your APR.

48 months is a LONG time for a lease. The longer you have the car, the more wear and tear and dings...and the higher the chance that you'll end up forking more money over at turn-in.

42I am located in NJ and looking to lease an '06 Jetta, pkg 2 xm with leather,for 36 months at 15000/yr and was wondering what I could expect in the way of monthly payments putting 4000 down- I would hopefully like to be able to keep the monthly in the mid- 2's, and want to be knowledgeable with current numbers before going to the dealer. Thanks in advance

13Jetta 2.5L with manual tranny (Silver) no option.

MSRP:20,905

sale price:19,104

MF:0.00138

Term:36 months with 15k miles

Monthly pay: $0 down and $270/month

Buyout price: $10875

Is it a good deal or I can get better if I shop around.

Sales person told me lease deal will be changed for October.

Will it be worse?

Thanks,

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38,514I notice that you are considering making an $1,800 down payment on this lease. I always advise community members not to make capitalized cost reductions on leased vehicles. The main reason why I advise against this is that if your leased vehicle is totaled in an accident or stolen and never recovered, your down payment essentially disappears. You can lease any vehicle that you want and only have to pay its first month's payment, security deposit, and acquisition fee at lease signing.

This car's lease program varies by trim level. For now I will assume that you are interested in a 2006 Jetta 2.5L. Let me know if you want something different. VW Credit's current 24 month, 12,000 mile per year buy rate lease money factor and residual value for the 2006 Jetta 2.5L are .00079 and 62%, respectively.

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38,514As far as your lease goes, the salesperson that you spoke with was correct. Assuming that your leased Jetta does not have any excess wear and tear or excess mileage, you just pay its payment each month for the duration of your lease and you can walk away from it at lease-end without paying a dime.

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38,514You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.

You definitely do not want to make a down payment when leasing. Consumers who do risk losing their down payments if their vehicle is totaled in an accident or stolen and never recovered during their lease.

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11MSRP 23,970

Invoice: 23,500 (might be fooled)

Cashdown, 3500

24 month, 24k

monthly payment: 299.

Buyout price(is it the same with residual value ?): 15300.

We didn't negociate the invoice price. But the residual value is more than 62% (mentioned in some ealier post). If we use 22,000 as invoice and 0.00079,62% as money factor and residual value, the monthly payment is also 299.

I wondered if it is a reasonable deal? or we made fool of ourselves.

But the car is really awesome....

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