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2013 and earlier Volkswagen Jetta Lease Questions
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Awesome forum, great to read all of your advice.
I am looking to lease a car. Since I have a friend who manages a VW dealer, I thought I might give a VW a shot. I haven't gotten all the specifics yet but after reading what posted, looks like I might not be about to get a great deal as I hoped.
For a Jetta S, he THINKS he can get me around $255 a month on a 36 month lease with 15K miles a year and nothing down at signing.
I know VW is running specials now. Seems like I should be able to get an SE at least at that price.
Can you let me know what I should expect to get for a Jetta S and SE for 36 month lease, zero money at signing, 15K a year in Illinois buying this month, november? If you could let me know price I should expect, money factor, residual and monthy payment estimate that would be very helpful. And I will post with more details once I have them from the dealer.
Thanks in advance!
Car_man
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If you went with the 2011 VW Jetta S with carpeted floor mats and auto transmission it has an M.S.R.P. of $18,100 and look to get a selling price of $16,766 - thats about $600 into dealer holdback. The 36 month residual is 58% with a .00156 money factor. The monthly payment comes to $216.64 with $1,889.52 ( 1st month $216.64, Bank fee $625, taxes at 6.25% = $1,047.88) due at signing plus plates.
If you want no money down just divide the due at signing by the term of the lease and and $3 to the monthly payment for interest. Should bring you very close to the exact payment. Both of these leases are for 15,000 miles per year. If your not getting quotes for this amount then keep shopping... Find the dealer who is willing to do this deal or better. If you need help learning how to shop then checkout www.simplifiedcarbuying.com
Hope this helps - Good luck!
I am currently shopping for one of these vehicles. We are torn between the 2.5L JSW SE, and the TDI. Automatics in both cases, and likely mostly loaded.
We are primarilly lease customers and really won't get a car under a purchase scenario, especially a VW.
Does anyone have a good feel for current JSW TDI rates, and what the residuals and MF rates are?
We currently have a 2010 Golf 2.5L (also leased), and when we priced out the lease rates on the Golf TDI we were shocked to see that it was actually more expensive to lease than even a loaded GTI. I am hoping the JSWs aren't nearly as bad.
Can anyone help?
Would appreciate any feedback. Whatever the case may be, i am loving the new JSW and don't feel any buyer's remorse (yet!).
Thanks,
Nick W
Its current buy rate lease money factor and residual value for a 36 month lease of a 2011 Jetta Wagon TDI with 15,000 miles per year are .00176 and 53%, respectively.
Car_man
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Can you give me the same kind of data(MSRP, sale price goal, residual on 36 months, and money factor) for a 2011 Jetta SEL in the Tuscaloosa or Birmingham, Alabama area? I'm trying to compare this to the Jetta SE with convenience and sunroof package. It seems there is around $1500 difference between the two and I'm trying to decide if the additional features in the SEL are worth the $1500. Thanks.
Also, I am already 120 miles over my limit, but paid my car payment so that offsets it a bit. I am needing to trade soon, but I am so picky and the Jetta would cost me a bit more. Can I justify the extra cost for the Jetta? I need to pick soon!
I can totally sympathize. Some will say no, bad move, and some will understand you have to move on whats best for you and the outcome if you keep the car.
Though, you could probably buy it our right and then sell it, but then your trade value would be a bit lower because of the wear.
Options, options.....lol
I have been waiting and looking for so long now. Almost a month. I was approved and ready to go, but wanting my payment to fall in a certain range.
My salesmen called me today and told the original deal that WAS $382(that had been lowered too)
It was down to $362 a month. Much closer to the $319 payment I used to paying now.
So $43 more and I could be in a new lease. NOT BAD!! Considering all thing going AGAINST me!
In fact that is really good!!
What do you all think? Good deal! Pull the trigger and be done with this all!! It has been a month now that my dealer has been working with me on deals. Gone from the Buick Regal for $361 a month. A Mazda3 loaded for about $350. Which I could do those deals too!? $0 down.
I keep coming back to the Jetta! Wonder why that is.
I am so going to do something nice for my dealer, they have been so calm and waiting for me to do a deal.
You won't regret the Jetta. I enjoy driving both our Jettas and Beetle Convertible every day!
The new Jetta (2011) has gotten good reviews also, so you can't go wrong.
Bel Air Car Guy
I am about to make a decision on the Jetta! As much as the Regal deal is so good. I am wanting the VW. I am not sure I am willing to take another 3yr risk on GM. Though it is a lease. 3 years is plenty of time for things to happen.
Though, I could totally see myself driving the Jetta. Being that our family has had Jettas now for awhile, I am a bit disappointed. It has lost its youthful appeal.
I am not sure their approach for a good move for lowering the cost.In previous models that was what I loved about the Jetta. Huge bang for the buck. Yes, you paid a bit more, but you got more too! Fit and finish, features and overall quality was great! Now, it really isn't bad. But, it not quite there with that whole "Jetta" feel. Something about getting behind my moms 08 Jetta SE felt fun and exciting! A few areas of cheap are on the new Jetta.
But, space, options and a more than adequate car for the money! Plus, it is not a GM. Those are all high points.
I really want the Jetta SEL, however it holds lower lease cash! The SEL seems to look more finished. But, the SE looks amazing too! Not sure what color I want yet. Perhaps, my mother and I will be getting new 2011 Jetta's. Not sure yet. The Jetta could be a good fit for me. They do have a left over 2010 model? hmmmm...
Making a move soon, but with the holidays I have no time right now.
does anyone know what January Lease rates will be?
Car_man
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Would you have the January money factor and residual value for both a 10,000 and a 12,000
miles/yr lease on a 2011 Jetta Sportwagen TDI? Thank you.
I was offered this lease today in South Florida on the following Jetta's let me know what you think:
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2011 SE w/ Convenience & Sunroof - Automatic $22,900
Term: 36 Months
Miles: 10k/yr
288 + tax = 310
with $1,790 O.O.P (including 1st month, tax/tag/title etc..)
or
306 + tax = 327
with $1000 O.O.P (including 1st month, tax/tag/title etc...)
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2011 SEL w Sport Package - Auto $25,100
Term: 36 Months
Miles: 10k/yr
319 + tax = 341
with $1,838 O.O.P (including 1st month, tax/tag/title etc..)
or
339 + tax = 363
with $1000 O.O.P (including 1st month, tax/tag/title etc...)
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Jetta SE
MSRP $20,065
Sale Price $19,000
Residual $13242.90
Money Factor 0.00065
15,000 miles/year
24 months
Tax 7%
I'm out of the country so not very familiar with all the details. I haven't been able to match the MSRP to the specific SE Trim but I imagine it's the basic SE.
I also got the following for the Tiguan SE (I need two cars):
2011 Tiguan SE
MSRP: $29,220
Sale price: $27,500
Residual $17824.20
Money Factor 0.00050
15,000 miles/year
24 months
Tax 7%
Fees and start-ups - $900
What kind of discount should I expect on a two car deal?
Any fees I should be aware of if I decide on extending the lease by an additional year?
Looking at a 36 month lease with either 10,000 mi/yr or 12,000 mi/yr.
Thank you.
Do you have the current money factor and residual for the 2011 Jetta TDI sedan for 24 and 36 months with 15k miles per year? Also, is there any lease cash? Thanks.
I'd like to know the residual value and base MF for a 2011 Jetta SE for 36 months and 12k miles a year. Thanks!
The residual value for a lease with only 10,000 miles per year would be 1% higher.
Car_man
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VW Credit's January buy rate lease money factor and residual value for a 24 month lease of a 2011 Jetta Sedan TDI with 15,000 miles per year are .00179 and 64%, respectively.
The numbers for an otherwise identical 36 month lease are .00179 and 57%.
VW is not currently providing any cash incentives on leases of the Jetta Sedan.
Car_man
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Volkswagen Credit's January buy rate lease money factor and residual value for a 36 month lease of a 2011 Jetta Sedan SE with 12,000 miles per year are .00058 and 57%, respectively.
Car_man
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We are too in a position where were deciding to trade the 08 for a 2011 Jetta. But, she loves her car!! It is a great model too!! Nothing wrong with it.
However, she could have a manual 2011 model, and that would be fun!!
We love our VW's.
With only 3700 miles and, assuming your VW is in excellent condition, it's highly likely that your car is worth much more than the $12,896.91 residual value. This means that, in all likelihood, you have positive equity.
I suggest that you have your Jetta appraised as you don't want to turn in a vehicle in which you have equity. Try to sell it. And, with the help of a dealer, you can avoid double taxation. If you're sucessful in finding a buyer, then take the buyer to any car dealer and, for a nominal fee of around $300, they can execute the transaction. So, if you sell the car for $16,000, you'll receive the equity less any transaction costs and applicable taxes.
Good luck!
John
SEL w/ Sports Package - Auto
36mo - 10k miles
329 (tax of 7% florida inclusive) monthly
$1000 Due at signing.
2011 Jetta
SEL w/ Sports Package - Auto (fully loaded)
36mo - 10k miles
$329 Tax in a month (7% FL tax)
$1000 Due at signing which includes 1st month payment and all inceptions
And also go them to throw in full tinted windows all around the car.
Tony
I'm looking at a 2011 Jetta SE w/Convenience package. I negotiated a Total selling price (including destination charge) of $20,050. Is this a good price? Also, I was told the residual for 10k miles would be 57% but that the money rate factor is based on my credit. Is that true because I see lots of people in the forums posting general money rate factors? Thanks for your advice!
I'm looking at a 2011 Jetta SE w/Convenience package. I negotiated a Total selling price (including destination charge) of approximately $19,300. Is this a good price? Also, I was told the residual for 10k miles would be 57% but that the money rate factor is based on my credit. Is that true because I see lots of people in the forums posting general money rate factors? Thanks for your advice!
Thanks!
As far as what sort of selling price you should negotiate goes, I personally would shoot for around $500 over dealer invoice. You can find this car's exact invoice price over in the New Vehicle Pricing section of Edmunds.com.
Car_man
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This program is scheduled to run through February 28th. It's difficult to say what its March program will be like at this point.
Car_man
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I negotiated a rget selling price on a Jetta SE/ with Convenience for $18,763. However, they are insisntent that I finance through VW credit. Is this recommended by you. Do they completely screw you when doing this or do they just get some kickbacks from the debt source?
Car_man
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Is there a specific cost associated with it or are the money factor and residuals changed?
I know there is a cost per mile at the end of the lease, but what if I want to add it in the beginning of the lease.
Thanks!
How does VW figure the cost of adding milage to your lease over 15k a year? For example if you want 16, 17, or 18k miles a year?
Is there a specific cost associated with it or are the money factor and residuals changed?
Car_man
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Can you please quote march money factor and residual on a 2011 Jetta SE auto w/ convenience and sunroof? 36 mos, 12k/year. Thanks!
I'm interested in leasing a 2011 Jetta SEL or Jetta SE w/ Convenience and Sunroof (both automatics). Could you please let me know the current money factor and residual for a 36 month lease with 10k miles per year?
Thanks!
Candy White with Black Titan Leatherette
MSRP $21,650.00
Sales Price $19,711.00
Drive off = $1,600.00**
Residual = 55%
Money factor of .00057 (1.37% interest)
39 Months
12,000 miles per year
BASE MONTHLY PAYMENT OF $209.50
LA County 9.75% tax of $20.63
MONTHLY WITH TAX = $229.93
**Drive off included:
1st pament of $229.93
Registration & Title fee $315.00
Cap Cost reduction of $328.89
Tax on Cap Cost Reduction $32.07
Acquisition Fee $625.00
Doc Prep Fee $55.00
Tax on Doc Prep Fee $5.36
California Tire Fee $8.75
Not a bad deal for a 23 YO to come up with (of course with a little help from Dad )
Livingston VW IN Southern California's San Fernando Valley
Great buying experience!!
Treated her with respect and directed ALL questions and decisions to her (not toward Mom & Dad)
I need help to see if Im getting a good deal on this lease option. The car is a 2011 jetta w convenience pkg and sunroof around $22,000. I was offered today for $0 down and first time "buyer" (with a co-signer w ok credit 688) for 39 months 12k miles per year.. $314.80 (fl tax included) per month. I already gave them $500 for title and fees. Please let me know if Im getting a good deal and if you could kinda help me out on what important questions to ask before i sign.
Thanks,
Gillian Moore.