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2015 Volkswagen Golf R Lease Questions

skipjamesskipjames Member Posts: 1
edited May 2015 in Volkswagen
i understand that the Rs will begin to arrive in early March -- at least the 500 pre-orders. I also heard that some lease info (residual rates) may be available now.

Any lease details on the R (auto, sound, nav) on a 36 month term @12,000 miles/year would be most appreciated.
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  • kyfdxkyfdx Moderator Posts: 236,681
    skipjames said:

    i understand that the Rs will begin to arrive in early March -- at least the 500 pre-orders. I also heard that some lease info (residual rates) may be available now.

    Any lease details on the R (auto, sound, nav) on a 36 month term @12,000 miles/year would be most appreciated.


    Doubtful that they will publish any lease program until March.

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  • tonka858tonka858 Member Posts: 112
    kyfdx said:

    skipjames said:

    i understand that the Rs will begin to arrive in early March -- at least the 500 pre-orders. I also heard that some lease info (residual rates) may be available now.

    Any lease details on the R (auto, sound, nav) on a 36 month term @12,000 miles/year would be most appreciated.


    Doubtful that they will publish any lease program until March.

    Dealer is quoting 00232
    can not seem to find out if they are jacking it up or if thats VW bases rate
  • tonka858tonka858 Member Posts: 112
    Michaell Do you have Golf R lease MF and residuals for March thanks
  • tonka858tonka858 Member Posts: 112
    edited March 2015
    This car has a very high residual along with a very high Money factor.
    .00162
    residual 67-70%
    Will these drop to say a normal rate compared to other VW's?

    While the residual is fantastic.The money factor is super high compared to say the GTI.
  • kyfdxkyfdx Moderator Posts: 236,681
    tonka858 said:

    This car has a very high residual along with a very high Money factor.
    .00162
    residual 67-70%
    Will these drop to say a normal rate compared to other VW's?

    While the residual is fantastic.The money factor is super high compared to say the GTI.


    For March, I'm showing .00172 MF and 66% residual for 36mo, 15K/yr.

    Back in Summer and Fall, the GTI also had a similar money factor.. and, a high residual... But, as the MF dropped, so did the residual..

    Don't know if that will happen with the Golf R, though.

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  • trackrat1trackrat1 Member Posts: 2
    edited April 2015
    Hey guys, I'm new here, but do have some experience with leasing. I'm tracking down the last remaining Golf R's and seriously considering a lease.

    Here's what I need help with:

    Golf R
    -15k lease rate and residual
    -CT sales tax and fees
    -Monthly payment estimate with $1,500 down and all taxes and fees included, OTD payment

    Golf R w/NAVI/DSS
    -15k lease rate and residual
    -CT sales tax and fees
    -Monthly payment estimate with $1,500 down and all taxes and fees included, OTD payment

    I'm using MSRP for each trim level. The dealers I've found list the MSRP as the 'Internet' price, and some don't seem very willing to negotiate, so I'd like to have an idea of where I stand before I go to the dealer in-person. They may give me a slight break on the sale price, but I'm sure they'll try to mess with the rates and residuals to make up their loss of profit.
  • trackrat1trackrat1 Member Posts: 2
    @kyfdx do you by chance have an idea? I did a a lease for the DCC trim with a sticker of 39,910, sale price of 38,353, 15k miles, .00172 rate, 66% residual, 2500 down, and came out at around $452. Does that sound right with CT taxes and fees included?
  • kyfdxkyfdx Moderator Posts: 236,681
    trackrat1 said:

    Hey guys, I'm new here, but do have some experience with leasing. I'm tracking down the last remaining Golf R's and seriously considering a lease.

    Here's what I need help with:

    Golf R
    -15k lease rate and residual
    -CT sales tax and fees
    -Monthly payment estimate with $1,500 down and all taxes and fees included, OTD payment

    Golf R w/NAVI/DSS
    -15k lease rate and residual
    -CT sales tax and fees
    -Monthly payment estimate with $1,500 down and all taxes and fees included, OTD payment

    I'm using MSRP for each trim level. The dealers I've found list the MSRP as the 'Internet' price, and some don't seem very willing to negotiate, so I'd like to have an idea of where I stand before I go to the dealer in-person. They may give me a slight break on the sale price, but I'm sure they'll try to mess with the rates and residuals to make up their loss of profit.

    .00166 MF and 66% residual for all 2015 Golf R, 36mo, 15K/yr

    What is the MSRP and what is the CT tax rate?

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  • kyfdxkyfdx Moderator Posts: 236,681
    trackrat1 said:

    @kyfdx do you by chance have an idea? I did a a lease for the DCC trim with a sticker of 39,910, sale price of 38,353, 15k miles, .00172 rate, 66% residual, 2500 down, and came out at around $452. Does that sound right with CT taxes and fees included?

    I get $441/mo.+tax.. So, $452/mo. with $2500 upfront looks pretty close

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  • trackrat1trackrat1 Member Posts: 2
    kyfdx said:

    trackrat1 said:

    @kyfdx do you by chance have an idea? I did a a lease for the DCC trim with a sticker of 39,910, sale price of 38,353, 15k miles, .00172 rate, 66% residual, 2500 down, and came out at around $452. Does that sound right with CT taxes and fees included?

    I get $441/mo.+tax.. So, $452/mo. with $2500 upfront looks pretty close
    Thank you! The CT sales tax is 6.35%. MSRP is $39,910.

  • mrdonbonjovimrdonbonjovi Member Posts: 9
    Hello,

    local dealer just called with one on their lot. Can I get the MF and residual for 3/36 for upstate NY?

    Thank you!
  • MichaellMichaell Moderator Posts: 240,976

    Hello,

    local dealer just called with one on their lot. Can I get the MF and residual for 3/36 for upstate NY?

    Thank you!

    67% and .00169

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  • mrdonbonjovimrdonbonjovi Member Posts: 9
    Michaell said:
    Hello,

    local dealer just called with one on their lot. Can I get the MF and residual for 3/36 for upstate NY?

    Thank you!
    67% and .00169
    The dealer quoted me the same residual but a much higher money factor at 0.0025. At that rate it's not worth it at all. any suggestions to get them to drop? I feel the demand for this car will end up having someone commit to those terms. 
  • kyfdxkyfdx Moderator Posts: 236,681


    Michaell said:

    Hello,

    local dealer just called with one on their lot. Can I get the MF and residual for 3/36 for upstate NY?

    Thank you!

    67% and .00169

    The dealer quoted me the same residual but a much higher money factor at 0.0025. At that rate it's not worth it at all. any suggestions to get them to drop? I feel the demand for this car will end up having someone commit to those terms. 


    Have your checkbook in hand.... and tell them they have a deal if they use the base MF and drop the payment by $40/mo...

    If that doesn't work, then wait a few months... the last Golf R was not nearly as popular as the previous R32 iterations from 2004/2008. There are not enough enthusiasts out there to snap up a whole lot of $40K hatchbacks (IMO).

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  • bsheursbsheurs Member Posts: 13
    Hello. What is the Residual and MF for 36/10k on the R?
  • kyfdxkyfdx Moderator Posts: 236,681
    bsheurs said:

    Hello. What is the Residual and MF for 36/10k on the R?

    .00175 MF and 68% residual.

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  • jjohnson085jjohnson085 Member Posts: 53
    Hi, can you provide the residual and MF for the base R (no DCC) - 12k/36 month. Florida if it matters.

    thanks in advance.
  • kyfdxkyfdx Moderator Posts: 236,681

    Hi, can you provide the residual and MF for the base R (no DCC) - 12k/36 month. Florida if it matters.

    thanks in advance.

    .00175 MF and 67% residual.

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  • platopodplatopod Member Posts: 18
    What about 24/12 and 24/10 for Base R ?
  • kyfdxkyfdx Moderator Posts: 236,681
    platopod said:

    What about 24/12 and 24/10 for Base R ?

    .00182 MF and 73%/74% residual

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  • bclearbclear Member Posts: 8
    Looks like 2016 Golf R deliveries have started. Do we have an info on lease numbers yet?
  • kyfdxkyfdx Moderator Posts: 236,681
    bclear said:

    Looks like 2016 Golf R deliveries have started. Do we have an info on lease numbers yet?

    .00185 MF and 66% residual for 36mo, 15K/yr

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  • ROMILROMIL Member Posts: 111
    kyfdx said:

    bclear said:

    Looks like 2016 Golf R deliveries have started. Do we have an info on lease numbers yet?

    .00185 MF and 66% residual for 36mo, 15K/yr
    Is it the same for the base and the DCC/Nav model?
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  • MichaellMichaell Moderator Posts: 240,976
    ROMIL said:

    kyfdx said:

    bclear said:

    Looks like 2016 Golf R deliveries have started. Do we have an info on lease numbers yet?

    .00185 MF and 66% residual for 36mo, 15K/yr
    Is it the same for the base and the DCC/Nav model?
    Yes.

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  • amaness286amaness286 Member Posts: 2
    Currently shopping around for a Golf R with manual trans. I've been getting quoted different money factors and residual values by different dealers. The best MF I've gotten is .00182 and the best residual value was 68%. These were at different dealers, my plan is to see if I can get one of them to put those numbers together. My question is if you know what the official VW money factor and residual values are on the manual Base R and manual DCC R.

    Thanks!
  • MichaellMichaell Moderator Posts: 240,976

    Currently shopping around for a Golf R with manual trans. I've been getting quoted different money factors and residual values by different dealers. The best MF I've gotten is .00182 and the best residual value was 68%. These were at different dealers, my plan is to see if I can get one of them to put those numbers together. My question is if you know what the official VW money factor and residual values are on the manual Base R and manual DCC R.

    Thanks!

    I show the MF as .00185.

    What lease term and how many miles per year are you looking for? Residual is fixed by the bank and the dealer cannot modify it.

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  • liquid20t1liquid20t1 Member Posts: 13
    Hi can you please let me know what the residual and money factor is for a 2016 GOLF R 10K miles a year 36 months?
  • kyfdxkyfdx Moderator Posts: 236,681

    Hi can you please let me know what the residual and money factor is for a 2016 GOLF R 10K miles a year 36 months?

    .00185 MF and 69% residual

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  • liquid20t1liquid20t1 Member Posts: 13
    edited August 2015
    Thanks! Actually, what are some of the bank or inception fees for VW?
  • MichaellMichaell Moderator Posts: 240,976

    Thanks! Actually, what are some of the bank or inception fees for VW?

    $625

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  • ROMILROMIL Member Posts: 111
    Please post MF/Residual for 2016 Golf R DSG with DCC/NAV for 36/15K in NV.
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  • kyfdxkyfdx Moderator Posts: 236,681
    ROMIL said:

    Please post MF/Residual for 2016 Golf R DSG with DCC/NAV for 36/15K in NV.

    .00188 MF and 65% residual

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  • bawasoobawasoo Member Posts: 42
    edited September 2015
    Hi,

    May I please know the MF(best rate for great credit) and residual for:
    2016 Golf R with DCC/NAV for 36mo/15k in Bay Area
    2016 Golf R without DCC/NAV for 36mo/15k in Bay Area

    2015 Golf R with DCC/NAV for 36mo/15k in Bay Area
    2015 Golf R without DCC/NAV for 36mo/15k in Bay Area

    Thanks!
  • bawasoobawasoo Member Posts: 42
    I just heard from my local dealerships, that they are charing roughly 7k-10k markup over MSRP on the 2016 Golf R, because they are so rare in production.
    Is this true ? Has anyone else experienced this, and if so, what kind of markup is expected ?

    Thanks.
  • kyfdxkyfdx Moderator Posts: 236,681
    bawasoo said:

    I just heard from my local dealerships, that they are charing roughly 7k-10k markup over MSRP on the 2016 Golf R, because they are so rare in production.
    Is this true ? Has anyone else experienced this, and if so, what kind of markup is expected ?

    Thanks.

    Look for another dealer.. or wait a couple of months.

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  • kyfdxkyfdx Moderator Posts: 236,681
    bawasoo said:

    Hi,

    May I please know the MF(best rate for great credit) and residual for:
    2016 Golf R with DCC/NAV for 36mo/15k in Bay Area
    2016 Golf R without DCC/NAV for 36mo/15k in Bay Area

    2015 Golf R with DCC/NAV for 36mo/15k in Bay Area
    2015 Golf R without DCC/NAV for 36mo/15k in Bay Area

    Thanks!

    2016: .00188 MF and 65% residual
    2015: .00188 MF and 63% residual

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  • leescottleescott Member Posts: 168
    Do you have the 36/10 numbers for MY16 for October yet?
  • kyfdxkyfdx Moderator Posts: 236,681
    leescott said:

    Do you have the 36/10 numbers for MY16 for October yet?

    .00188 MF and 68% residual

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  • leescottleescott Member Posts: 168
    kyfdx said:

    leescott said:

    Do you have the 36/10 numbers for MY16 for October yet?

    .00188 MF and 68% residual
    Thanks, do new programs come out this Tuesday?
  • kyfdxkyfdx Moderator Posts: 236,681
    leescott said:

    kyfdx said:

    leescott said:

    Do you have the 36/10 numbers for MY16 for October yet?

    .00188 MF and 68% residual
    Thanks, do new programs come out this Tuesday?
    Those are the new numbers that are effective on Tuesday.

    I believe they are the same, right?

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  • leescottleescott Member Posts: 168
    Yes, they are the same, thanks!
  • advansuperadvansuper Member Posts: 11
    leescott said:

    Yes, they are the same, thanks!

    Somehow I just got quoted 622-642 on a Golf R I negotiated down to 32,395 before fees which only add up to ~700. I can lease an M3 for that much money....
  • MichaellMichaell Moderator Posts: 240,976

    leescott said:

    Yes, they are the same, thanks!

    Somehow I just got quoted 622-642 on a Golf R I negotiated down to 32,395 before fees which only add up to ~700. I can lease an M3 for that much money....
    Oh dear. This won't help VW rehabilitate their image ...

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  • advansuperadvansuper Member Posts: 11
    Michaell said:

    leescott said:

    Yes, they are the same, thanks!

    Somehow I just got quoted 622-642 on a Golf R I negotiated down to 32,395 before fees which only add up to ~700. I can lease an M3 for that much money....
    Oh dear. This won't help VW rehabilitate their image ...
    Wasted 8 hours going back and forth with them over numbers then they email that nonsense. I was pissed to say the least. We'll see what their response is to my email. I think they just knew I wasn't going to take whatever they threw me, so they did that to get rid of me.
  • kyfdxkyfdx Moderator Posts: 236,681

    Michaell said:

    leescott said:

    Yes, they are the same, thanks!

    Somehow I just got quoted 622-642 on a Golf R I negotiated down to 32,395 before fees which only add up to ~700. I can lease an M3 for that much money....
    Oh dear. This won't help VW rehabilitate their image ...
    Wasted 8 hours going back and forth with them over numbers then they email that nonsense. I was pissed to say the least. We'll see what their response is to my email. I think they just knew I wasn't going to take whatever they threw me, so they did that to get rid of me.
    You could buy it with a 60-month loan at that payment. Ridiculous.

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  • platopodplatopod Member Posts: 18
    24/12k and 24/10k residuals? MF the same as 36?
  • kyfdxkyfdx Moderator Posts: 236,681
    platopod said:

    24/12k and 24/10k residuals? MF the same as 36?

    .00188 MF and 72%/73% residual

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  • advansuperadvansuper Member Posts: 11
    kyfdx said:

    platopod said:

    24/12k and 24/10k residuals? MF the same as 36?

    .00188 MF and 72%/73% residual
    How solid is this info? Is the dealer I talked to just full of [non-permissible content removed]?
  • MichaellMichaell Moderator Posts: 240,976

    kyfdx said:

    platopod said:

    24/12k and 24/10k residuals? MF the same as 36?

    .00188 MF and 72%/73% residual
    How solid is this info? Is the dealer I talked to just full of [non-permissible content removed]?
    What's our motivation to deceive you?

    What's the dealers?

    Politely tell them you won't sign a deal with an inflated MF. And reach out to other VW dealers - only takes one to make a deal on your terms.

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  • eatvultureeatvulture Member Posts: 2
    Anyone have November lease numbers yet? Same as Oct? What about 48m/10k and 48k/12k?
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