Yes I do, carbonr. Volkswagen Credit's buy rate lease money factor and residual value for a 24-month lease of a 2013 Golf R with 15,000 miles per year are .00142 and 60% for consumers who qualify for its top credit tier.
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Hi gambrill. Through July 8th, Volkswagen Credit's buy rate lease money factor and residual value for a 39-month lease of a 2013 GTI Driver's Edition or Wolfsburg with 15,000 miles per year are .00139 and 50%.
The numbers for an otherwise identical lease of a 2013 Golf R are .00142 and 52%.
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the last money factor posted helped me get an idea of what rate vw is offering right now. But, I am not sure what the % of residual price means. Is it % of MSRP or sale price?
Also, is there a formula for calculating miles on a lease? Current manufacturer lease deals are 12k/yr deals. I need a 15k deal. Any way to take the advertised special and apply it to more miles?
Hi pizzakid13. Lease payments are made up of two main parts, the interest portion and the depreciation portion. Vehicles' residual values are used to calculate how much depreciation lessees have to pay. They are based upon a percentage of vehicles' full MSRPs, including the destination charge and the MSRPs of any options that can be residualized.
All of manufacturers' published residual values are usually based on leases with 15,000 miles per year. The residual values for leases with 12,000 miles per year are usually 2% higher, through some banks are an exception to this.
It sounds as though you might be somewhat new to leasing. If so, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
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Thanks. Actually, this will be my 3rd. The first was a while ago though. I just purchased my '10 GTI and plan to sell since the buyout is much lower than retail. So I figure I can at least make up the taxes paid over 3 years.
So, if I understand correctly, I can add two percent to the manufacturers advertised 12k leases to get a price for a 15k?
I am planning to lease GTI 2013 (15,000miles/yr; 36months; 2door automatic with Conv./Sunroof Pack) and I have few inquiries. Please Help!
1) What is the Residual% as of August 2013? (What dealer would use) 2) What is the Money Factor as of August 2013? (What dealer would use) 3) From Calculating my own lease guide(http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html) the example is using .00375 as a money factor and states it's common rate however, on other posts, gti was around .00036. Am I using the wrong number here? 4) PZEV or not, the price is the same. If I can choose, should I go with PZEV? 5) I did a credit check with one of the VW dealer, can other VW dealer view the results? 6) Is this a bad time to lease GTI as redesigned 2015 will be coming out in spring 2015?
I am looking to lease a 2013 4dr drivers package with dsg. I live in NYC , looking for 12000 miles. Are their any incentives? What is th MF and residual? What would a 36 mont lease look like. id loke to put down $1500 total . Thank you in advance.
Sorry to bug ya again - I didn't jump on the deal last month...going to this month... Can you tell me what the November 2013 Money Factor and Residual are for:
Yes. I am torn on which way to go. The 0% financing is nice but won't apply if using other discounts like truecar price quotes. So i would be looking at maybe 2% on a purchase. Once I have a price I like, I can compare the two.
i was told that the leasing price would be 1500 higher since the truecar discounts are for purchases only. not that i would accept that, but its what they said so far.
I leased a 2013 driver's edition GTI in automatic transmission.....no monster mats...pretty much standard everything..leather, sunroof, NAV system, etc...terms were 36 months, 12K miles annually...total out of pocket including my first month's payment and tax & tag was $1,000...monthly payment is $339 plus tax. Is this a good deal. Again, it's a 2013 and not a 2014 (which means all service is covered for a full 3 years rather than only 2 years on the 2014 model car)
yes...I got it from Gunther in Coconut Creek and I dealt with a guy named Sammy ( I think he spells it Sami)...tell him Dean sent you and I think if it's a referral I get a referral fee...or, maybe he will take it off the price of your car. Nice guy and easy to deal with...good luck (and BTW, the 2013's are a MUCH better deal)
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Car_man
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GTI - Drivers Edition
GTI - Wolfsburg
Golf R
Thank you very much
The numbers for an otherwise identical lease of a 2013 Golf R are .00142 and 52%.
Car_man
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Also, is there a formula for calculating miles on a lease? Current manufacturer lease deals are 12k/yr deals. I need a 15k deal. Any way to take the advertised special and apply it to more miles?
Thanks.
All of manufacturers' published residual values are usually based on leases with 15,000 miles per year. The residual values for leases with 12,000 miles per year are usually 2% higher, through some banks are an exception to this.
It sounds as though you might be somewhat new to leasing. If so, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
Car_man
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So, if I understand correctly, I can add two percent to the manufacturers advertised 12k leases to get a price for a 15k?
2013 GTI dr base
2012 Golf R 2 dr (new)
Thanks for your help.
I am planning to lease GTI 2013 (15,000miles/yr; 36months; 2door automatic with Conv./Sunroof Pack) and I have few inquiries. Please Help!
1) What is the Residual% as of August 2013? (What dealer would use)
2) What is the Money Factor as of August 2013? (What dealer would use)
3) From Calculating my own lease guide(http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html) the example is using .00375 as a money factor and states it's common rate however, on other posts, gti was around .00036. Am I using the wrong number here?
4) PZEV or not, the price is the same. If I can choose, should I go with PZEV?
5) I did a credit check with one of the VW dealer, can other VW dealer view the results?
6) Is this a bad time to lease GTI as redesigned 2015 will be coming out in spring 2015?
Thank you very much!!
Looking at a 4-door 2014 GTI Drivers Edition.
Can you give me current numbers for a 36 mo. lease - 15k miles per year?
Thanks in advance!
regards,
kyfdx
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Can you tell me what the October 2013 Money Factor and Residual are for:
2013 - VW GTI - Drivers Edition - DSG
36 months - 15k miles
Bay area dealers are starting at 5k off MSRP
Thank you very much in advance,
Jarvis
:shades:
.00015 MF and 49% residual
$5K off, huh? Should be in the low $300s + tax?
regards,
kyfdx
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Sorry to bug ya again - I didn't jump on the deal last month...going to this month...
Can you tell me what the November 2013 Money Factor and Residual are for:
2013 - VW GTI - Drivers Edition - DSG
36 months - 15k miles
Bay area dealers are still starting at 5k off MSRP
Thank you very much in advance,
Jarvis
:shades:
regards,
kyfdx
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2013 VW GTI Wolfsburg edition DSG
36 months - 12000 miles
The Dealer told me $23914 after incentives, residual value $13630 50% and money factor .0013
$303 + tax and I guess + dealer fees.
36 months - 12000 miles
.00013 MF and 50% residual (note the extra zero in the money factor)
regards,
kyfdx
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I'd like a 4-door please.... not picky about color...3 pedals, only... What comes with the driver's package?
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Almost free money... ;-)
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i was told that the leasing price would be 1500 higher since the truecar discounts are for purchases only. not that i would accept that, but its what they said so far.
there's a 1500 reduction from factory to dealer.
Thank you again
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Hi Kyfdx,
Thanks for the 2014 numbers. Could you please post the numbers for a 2013 GTI, 36mo/15k?
Thanks!
2013 GTI 36mo, 15K/yr lease
.00013 MF and 48% residual
$750 lease cash
kyfdx
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Please visit the 2014 Volkswagen GTI Lease Questions discussion for current 2014 model year lease questions.