Is this a good deal on a 2019 VW Golf GTI SE Lease?

k0racle

Can someone tell me if this is a good deal for a VW GTI SE please?

MSRP $33,435
Adj CAP $32,408
Lease end $18,723.00
Bank fee $675.00
DMV 436.00
Total Drive Off $1,485.00 (seems high - don't know where this number came from)
7.5k/36
Residual 56%
MF 0.00097

No money down
No first payment
Zip 94110
SF, CA

Thank you!

Michaell

k0racle said:

Can someone tell me if this is a good deal for a VW GTI SE please?

MSRP $33,435
Adj CAP $32,408
Lease end $18,723.00
Bank fee $675.00
DMV 436.00
Total Drive Off $1,485.00 (seems high - don't know where this number came from)
7.5k/36
Residual 56%
MF 0.00097

No money down
No first payment
Zip 94110
SF, CA

Thank you!

I confirm the .00097 and 56%

What payment did they quote you? I get $430/mo, before tax, with those prices.

Ask the dealer what the $1485 consists of. Keep asking until you fully understand.

k0racle

Thank you. Yes that's what I was given on payment before tax. Does this seem consistent for new GTI SE leases in CA 94110? The CAP rate seems high, but I actually don't know if theres any upgrades to the trim.

Thank you for that advice. I will ask for an itemized statement for that cost. Drive off I calculated was more around $1,191. Does this also seem consistent given the info above?

Michaell

k0racle said:

Thank you. Yes that's what I was given on payment before tax. Does this seem consistent for new GTI SE leases in CA 94110? The CAP rate seems high, but I actually don't know if theres any upgrades to the trim.

Thank you for that advice. I will ask for an itemized statement for that cost. Drive off I calculated was more around $1,191. Does this also seem consistent given the info above?

We don't track individual deals; the only way to improve on it is to get a better discount from sticker. This link will help:
https://www.edmunds.com/tmv.html