Hi guys is this a good deal? 2022 GTI S M/T Trade in is my current lease GTI (2019) with 25k miles. A bit confused on the trade numbers, is trade allowance minus payoff amount what they are giving me for my trade? then whats trade difference. Looking for 36 months 12K miles
The trade difference is the selling price, minus the trade-in value (Line 1 minus Line 2 = Line 3)
The equity in your vehicle is the Trade Allowance minus the Payoff ($25,000 - $15401 = $9599)
Your actual cost for this lease is: $9599 + (35 X $322) = $20689. /36 = $580/month.
Is your current GTI a loan or a lease? If the 2019 is on a lease, this is a good way to unlock the equity in the vehicle that you haven't earned. But, if you own this vehicle, the dealer's offer for it may not be that great.
Thank you for the explanation! Yes selling price is supposed to be MSRP, have yet to see the car because it's not at the lot but that's the understanding. My current car is a lease, yes. 580 sounds a bit high as a straight lease but thats just comparing to my current lease which was not MSRP, so i guess since i have the equity on the lease makes it even out and worth it?
Thank you for the explanation! Yes selling price is supposed to be MSRP, have yet to see the car because it's not at the lot but that's the understanding. My current car is a lease, yes. 580 sounds a bit high as a straight lease but thats just comparing to my current lease which was not MSRP, so i guess since i have the equity on the lease makes it even out and worth it?
Yes, that's an accurate summary. If you owned your current vehicle, I'd suggest keeping it, over taking this deal. But, the equity is "found money", that would be hard to recover without getting a new lease (which you'll need, anyway).
If you can trade for a payment of $322/mo for 36 months, that's a bargain.
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The equity in your vehicle is the Trade Allowance minus the Payoff ($25,000 - $15401 = $9599)
Your actual cost for this lease is: $9599 + (35 X $322) = $20689. /36 = $580/month.
Is your current GTI a loan or a lease? If the 2019 is on a lease, this is a good way to unlock the equity in the vehicle that you haven't earned. But, if you own this vehicle, the dealer's offer for it may not be that great.
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Yes selling price is supposed to be MSRP, have yet to see the car because it's not at the lot but that's the understanding.
My current car is a lease, yes.
580 sounds a bit high as a straight lease but thats just comparing to my current lease which was not MSRP, so i guess since i have the equity on the lease makes it even out and worth it?
If you can trade for a payment of $322/mo for 36 months, that's a bargain.
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Hi!
Looking for MF, RV & Incentives for the following trims @36/12
S
SE
Autobahn
Thanks!
No lease incentives
All trims
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No lease incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Looking for MF / Res on a 2023 GTI SE - 36/10 zip 98290
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige