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

k0raclek0racle Posts: 2
edited March 2019 in Volkswagen
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!

Answers

  • MichaellMichaell ColoradoPosts: 180,502
    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.

    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 / 2014 MINI Countryman S ALL4

  • k0raclek0racle Posts: 2
    edited March 2019
    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?
  • MichaellMichaell ColoradoPosts: 180,502
    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

    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 / 2014 MINI Countryman S ALL4

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