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2013 and earlier Volkswagen Jetta Lease Questions
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Car_man
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Car_man
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Car_man
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As far as this offer goes, you never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers 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 what this vehicle's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of his deal if you let me know what these numbers are.
Car_man
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Car_man
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The internet dealer just emailed me back with these figures based on zero money down. Based on these figures, I computed the total monthly cost (incl. 6 1/2 % Florida sales tax) to be 313.51 and NOT anywhere close to her figure of 366.87. Did she just try to rip me off? How can I best handle this situation? Thanks!!!
msrp $21,475
invoice price: $20,583
.00153 Money Factor
69% Residual
$366.87 including tax
My Calculation:
Depreciation= (20,583- 14,817.75) / 24 mo = 240.22
Finance=(20, 583 + 14,817.75) x .00153 = 54.16
Total: 294.38 with 6 1/2 %: 313.51
I have a question for you regarding some lease offers I received from my dlr.
2008 Jetta Sedan S Manual
39 month lease term (12k a yr)
0 down, 0 due at signing
218 a month + tax.
Can you tell me if this is a good deal?
MSRP on this car is: 16,990
Invoice is 16,190.... The dealer did not disclose what is the selling price, only gave me the lease quote. But based on the MSRP and the actual invoice price, there is only a 700-800 $ difference.
Also, he quoted me the same leasing terms but for $231 plus tax for the automatic transmission model
2008 Jetta Sedan S Automatic
39 month lease term (12k a yr)
0 down, 0 due at signing
231 a month + tax.
The automatic S goes for 18,065 MSRP
Invoice: 17265
Thanks,
Jetta SE Automatic - Selling price is $20,275 plus tax & license.
39 months, 39k miles
Monthly payment: 307.47 (including tax)
187.25 due at lease signing (license, title fees, etc)
I am wondering out stringent VW's credit requirements for this Sign Then Drive deal is. I realize you can negotiate the selling price - but how much wiggle room do I have in terms of negotiating the monthly payment for this Sign Then Drive event?
Jetta 08 Sedan S
money factor is 0.00185 and the residual at 12k per year is 59% for a 39 month term
18,065 MSRP
Jetta 08 Sedan S Automatic
Lease Term 39 months 39K miles (12k annual)
money factor is 0.00185 and the residual at 12k per year is 59% for a 39 month term
18,065 MSRP
Selling Price: $17,638.62
Dealer is quoting me: 231.40 a month + tax
I came up with 231.34 a month
Please reply!! Thanks.
Thanks.
I closed the deal at $347 a month INCLUDING tax. Zero Money Down, waived security deposit and waived disposition fee. No additional fees, period. Just $347 at signing.
I'm picking up my white Jetta SE December 28th!
http://forums.vwvortex.com/zerothread?id=3488355&page=1
The dealer ate the fees and its really 0 sign & drive for 231 + tax... I got it in writing. Only one other dealer in the area is willing to give me the same deal, he's adding on free car washes for the life of lease term...but not able to do any better. All other dealers I checked with were not able to match it and agreed its an exceptional deal for a Jetta automatic. If I want the manual, he can let it go for 218+ tax per month
FYI..maybe part of the reason why the dealer is contributing so much is because when I went to take it for a test drive I noticed they have many of them in the lot ( in comparison to a couple other dealers i visited) . So im guessing they want to make certain numbers by the end of the year.
To be honest, was not my first choice of car, but I thought this was a fantastic deal. And the car is quite nice.
- Doug
The price didnt include mats which is ok cause I Got VW Jetta rubber mats from the dealer at cost for $70 (they wanted to charge 189 for the carpet Mat package). At signing, inceptions due were $720, this included 1st mo payment, tag & registration, dealer fee, misc fees, local sales tax... I put an additional 2k down towards cap cost which brought my payment to 156 plus tax which = 165 dollar payment. Also, VW credit matched my first payment (included in inception fees) so they paid an additional 165 up front.
In all, it was a deal I couldn't refuse. I'm in Broward County FL by the way.
I'm a first time leaser/buyer and am completely new to all of this. Any advice is appreciated. Thanks. Looking for an automatic
Any help would be appreciated! Thanks!
any thoughts, suggestions?
TIA
MIke
thanks
In NY, the taxes are paid upfront, but can be rolled into the CAP cost of the lease.. The dealer just needs to get with the bank, and find out the specifics..
I don't think you can pay the taxes at registration, since the car will be owned by the bank.. They have to do it.. So, either way, the dealer will have to find out the amount of tax. Whether you pay upfront, or roll it in, he'll have to have that number, because if it isn't rolled in, he has to collect it and send it to the bank.
VW Finance probably leases cars in every state.. It won't be an issue for them. Your dealer will just have to do a little leg work, and make some phone calls.
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do you know what the lease numbers are for:
Jetta S automatic
ESP option
12000 miles/year
36 month lease
Whats the residual and MF?
Would they be the same as the web ad?
ie. MF=0.00171 and Residual=58%?
thanks!
A selling price of $255 over dealer invoice is a very good price for a leased 2008 Volkswagen Jetta. Keep in mind that if you are a current Volkswagen owner, you are eligible for an additional $1,000 owner loyalty incentive that you can use to reduce your car's selling price even further. The fees that you mentioned in your post look reasonable to me. Just make sure that the dealer you are working with uses Volkswagen Credit's March - April buy rate lease money factor of .00111 to calculate your monthly payment and you should be all set.
Car_man
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Car_man
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Car_man
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Car_man
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Car_man
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thanks in advance.
mrnadir
It has the EOS 2.0T engine with a 6spd DSG Automatic.Also it has the premium stereo system with 6 disc changer, Aux input. Heated Seats, Sunroof, Different sporty rims on it, spoiler, It is Gray, with black leather interior. I loved it!!
The DSG 6 spd tiptronic was alot of fun, and powerful!
This is the deal they offered:
$270 a month, with $2k down at signing. Also I am able to get the $1k incentive they have offered if I trade for this car! Possibly bringing it down closer to $250 or so. What do you think? ?
The problem is I am currently driving the 06 Accord, and used to its size, so this seems much smaller, and I am typically the one who takes my family on trips through out the year, so I could go either way. I am currently looking at the Accord and Jetta, Acura TSX
-2008 Jetta/S automatic and 2008 Beetle/S manual
-We have two Customer Loyalty Credits of 1000 each
-We are not financing closing fees/costs, which look to be a little over $1000 on each car. We have a 2000 trade-in on a 2001 Passat, which will cover costs. No security deposit, and in addition we will pay first month lease pmnt.
-Price is $239/36 months/10,000 miles
The advertised deal by VW is $249/36 months/12,000 miles/0 down+closing costs, so it seems to me we are just getting the walk-in deal with no discount here--$10 less a month (total savings of $780 on both leases), but fewer miles and what happened to the customer loyalty credit?
I am awaiting the lease rate and the actual retail price...they just gave us the MSRP- 19099 on the Jetta and 19478 on the Beetle- should be much lower for a manual. Also, we should get the preferred lease rate from VW if there is one-.0030?
They were quoting a higher rate of .011
Any comments? Is this the totally fabulous deal they say it is?
I am interested in leasing a 08 Jetta TDI but I need an update on the residuals over the next 2-4 years, I'm looking for a really good deal, and I've heard good things about Flow VW. Anyone have any info on this? Thanks..
12K miles/year - 3 year deal
Only tax, tags, title down
Got the floor mat package (should have been included)
$240/month
the civic honda in manhasset ny is asking too much up front. she does not want to pay anythign up front.
this is the current offer i am getting for the jetta s automatic trans.
10k mi 48 months everything rolled in lease only dmv up front ($110)
$262 monthly
they are telling me .00111 MF and i think like 60 or 61 residual.
the civic lx 4 dr meanwhile is like 241 for 36 months 12k mi with almost $1000 total due at signging between first, dmv, down. taxes rolled into lease. for $20 extra and $900 less up front it makes more sense to get a seemingly better car.
thanks for the help!
Thanks
THANK YOU