2016 VW Jetta Lease Questions

tybo7905 · April 2016

roadster.com lease sheet quotes 245 monthly with O down for a 36/15K. Their MSRP is 23, 215

Michaell · April 2016

tybo7905 said:
I'm sorry, but can you explain the lease cash to me.

Can you verify if this is a good deal 3 year 15K with 3,000 down is 169 a month after taxes; although they said 3/12k with 3,000 down was 148.55 after taxes.

I have another dealer willing to match it, but the 20 dollar difference a month for 15K seems higher than it should be as you noted.

All things considered, how good are these offers?

Lease cash is a factory to dealer incentive; the dealer can choose to pass it along to the customer. Use that knowledge to negotiate your best price.

We would need to know the MSRP and negotiated selling price, and what the $3000 due at signing covers.

$169/mo is a good deal, but without knowing everything, we can't tell you if it could be better.

Michaell · April 2016

tybo7905 said:
roadster.com had a competitive offer sheet as well, but I got confused with their APR .24%, which they said was a .1 MF.

To convert from the MF to an APR, multiply the MF by 2400.

Therefore, the .00010 MF equates to .24%

britta0220 · April 2016

kyfdx said:

britta0220 said:

kyfdx said:
@britta0220

The base MF is .00010 and there is $1750 in lease cash on this model. (in addition to the rebate).

Running your numbers, I get $252/mo.+tax. But, I see no allowance for the $625 acquisition fee, so $289 is starting to look pretty close. Of course, that's with the marked up money factor.

As you can see, with the $1750 dealer lease cash, you are actually paying a little over MSRP. That $1222 for your lease payments has to come from somewhere. Most people trade out of a lease to get rid of the financial uncertainty of turning it back in. This deal doesn't seem to relieve any of that uncertainty.

Be very careful of taking the dealership's word for anything, regarding your current lease. They are NOT taking your car in trade, so they have no skin in the game. Verify everything with VW Credit.

I don't see you coming out ahead here, versus waiting until closer to the end of your lease.

4. Clarity on how I am paying over the MSRP with the lease cash. Am I essentially paying for the $1222? Are there lease deals that relieve uncertainty or is this how they typically get suckers like me to fall back into the trap? Is this procedure standard with most dealerships?

If they are giving you $1400 off MSRP, but there is a dealer incentive of $1750, then you are essentially paying over MSRP. They could probably make you a better deal, but they are writing you a check for $1222. That money has to come from somewhere, and in this case, it's by having you pay an above market rate for the new car.

Even if you end up paying $500-$600 in over-mileage charges, that's cheaper than paying $1500-$2000 over market for a new car... and, there will still be good deals around when your lease is up.
I want to thank you and Michaell for all of your information. It was able to get me pointed in the right direction, had my father-in-law take it from there.

Here is what I ended up with on a 2016 Jetta 1.4t SE w/Connectivity:

$260 per month
36 months
36,000 miles
I get a check for my remaning lease payments.
Residual is $12,553
$500 in damage waiver

I'm filling out my application tomorrow and should have my new car next week. Thanks again to you both, you armed me with valuable information to help secure my best deal. Really appreciate it.

Michaell · April 2016

britta0220 said:

kyfdx said:

britta0220 said:

kyfdx said:
@britta0220

The base MF is .00010 and there is $1750 in lease cash on this model. (in addition to the rebate).

Running your numbers, I get $252/mo.+tax. But, I see no allowance for the $625 acquisition fee, so $289 is starting to look pretty close. Of course, that's with the marked up money factor.

As you can see, with the $1750 dealer lease cash, you are actually paying a little over MSRP. That $1222 for your lease payments has to come from somewhere. Most people trade out of a lease to get rid of the financial uncertainty of turning it back in. This deal doesn't seem to relieve any of that uncertainty.

Be very careful of taking the dealership's word for anything, regarding your current lease. They are NOT taking your car in trade, so they have no skin in the game. Verify everything with VW Credit.

I don't see you coming out ahead here, versus waiting until closer to the end of your lease.

4. Clarity on how I am paying over the MSRP with the lease cash. Am I essentially paying for the $1222? Are there lease deals that relieve uncertainty or is this how they typically get suckers like me to fall back into the trap? Is this procedure standard with most dealerships?

If they are giving you $1400 off MSRP, but there is a dealer incentive of $1750, then you are essentially paying over MSRP. They could probably make you a better deal, but they are writing you a check for $1222. That money has to come from somewhere, and in this case, it's by having you pay an above market rate for the new car.

Even if you end up paying $500-$600 in over-mileage charges, that's cheaper than paying $1500-$2000 over market for a new car... and, there will still be good deals around when your lease is up.
I want to thank you and Michaell for all of your information. It was able to get me pointed in the right direction, had my father-in-law take it from there.

Here is what I ended up with on a 2016 Jetta 1.4t SE w/Connectivity:

$260 per month
36 months
36,000 miles
I get a check for my remaning lease payments.
Residual is $12,553
$500 in damage waiver

I'm filling out my application tomorrow and should have my new car next week. Thanks again to you both, you armed me with valuable information to help secure my best deal. Really appreciate it.
Congrats on your new Jetta!

The 1.4T is on my short list to evaluate when my current lease is up later this year.

seek_lease · April 2016

Could I please get the MF, residual, and any incentives for the Jetta 1.4t S?
36/12k
Kansas 66502

kyfdx · April 2016

seek_lease said:
Could I please get the MF, residual, and any incentives for the Jetta 1.4t S?
36/12k
Kansas 66502

.00010 MF and 53% residual. $1500 lease cash

mia_mk7 · April 2016

what is the MF and RV for 2016 jetta GLI SEL
36/10 and 36/12

Michaell · April 2016

mia_mk7 said:
what is the MF and RV for 2016 jetta GLI SEL
36/10 and 36/12

.00010 and 60% / 59%. $750 lease cash.

pennst8 · April 2016

Hello kinds mods....

What is the MF and RV for a 2016 Jetta S Auto 24/10?

kyfdx · April 2016

pennst8 said:
Hello kinds mods....

What is the MF and RV for a 2016 Jetta S Auto 24/10?

.00010 MF and 61% residual. $1500 lease cash

parker33 · April 2016

Hello,
im looking for the residual value and money factor on a 2016 Jetta SEL 36 month lease, 10,000 miles a year. Thanks in advance!

Michaell · April 2016

parker33 said:
Hello,
im looking for the residual value and money factor on a 2016 Jetta SEL 36 month lease, 10,000 miles a year. Thanks in advance!

.00010 and 54%. $1750 lease cash.

kacper23 · April 2016

I leased a 2016 VW Jetta S w/ Tech back in February. Did I get a good deal?

MSRP: $20,865.00
Agreed final vehicle value: $18,879.56
Residual Value: $11,684.40
Amount due at lease signing: $1,960.00 ($1,460 after $500 rebate)
$1,250.00 down payment
10,000/36
Monthly payments: $210

Michaell · April 2016

kacper23 said:
I leased a 2016 VW Jetta S w/ Tech back in February. Did I get a good deal?

MSRP: $20,865.00
Agreed final vehicle value: $18,879.56
Residual Value: $11,684.40
Amount due at lease signing: $1,960.00 ($1,460 after $500 rebate)
$1,250.00 down payment
10,000/36
Monthly payments: $210

I think you did fine. Enjoy the new Jetta!

mariojw · April 2016

Hello!

1. Can you please provide the MF and RV of a Jetta S auto in NYS, 3/36? Any Lease cash deals currently?

2. Do the MF and RV change much from the different Jetta models?

3. When do the May numbers come out?

4. Also any thoughts on the Jetta vs the Mazda 3?

This site so informative, wish I checked here when I leased my Ford Escape.

Thanks in advance!

Michaell · April 2016

mariojw said:
Hello!

1. Can you please provide the MF and RV of a Jetta S auto in NYS, 3/36? Any Lease cash deals currently?

2. Do the MF and RV change much from the different Jetta models?

3. When do the May numbers come out?

4. Also any thoughts on the Jetta vs the Mazda 3?

This site so informative, wish I checked here when I leased my Ford Escape.

Thanks in advance!

1. .00010 and 53%. $1500 lease cash.
2. MF is the same for all Jetta trims this month. RV and lease cash varies, however.
3. In May

4. You'd have to drive both to see which one you prefer.

Chrismax · April 2016

looking at numbers for a 2016 GLI SEL PZEV

MSRP is 31,600

Selling Price is $25,510

with MF of .00010, residual of 59%, tax of 8.25% (in IL) for 36/36

Zero down, will roll $595 acquisition fee into payment

coming up with payment of $226-seem right?

Michaell · April 2016

ccorcoran said:
looking at numbers for a 2016 GLI SEL PZEV

MSRP is 31,600

Selling Price is $25,510

with MF of .00010, residual of 59%, tax of 8.25% (in IL) for 36/36

Zero down, will roll $595 acquisition fee into payment

coming up with payment of $226-seem right?

I get $229/mo, so close enough. You're paying all the other taxes and fees at signing?

Chrismax · April 2016

rolling it all together, just paying first month and doc ($161) at inception

Michaell · April 2016

ccorcoran said:
rolling it all together, just paying first month and doc ($161) at inception

What is the net cap cost?

tj11119 · April 2016

ccorcoran said:
looking at numbers for a 2016 GLI SEL PZEV

MSRP is 31,600

Selling Price is $25,510

with MF of .00010, residual of 59%, tax of 8.25% (in IL) for 36/36

Zero down, will roll $595 acquisition fee into payment

coming up with payment of $226-seem right?

This is a solid deal, I would jump on it if the numbers are correct and there are no add-ons of surprises.
Adq Fee is 625 I believe...

thirstydog · April 2016

Looking at a 2016 Volkswagen Jetta 1.4T SE lease for 36 months in California.

Base price is 19,815. What should I be looking at as far as reasonable sale price, MF and RV?

Michaell · May 2016

thirstydog said:
Looking at a 2016 Volkswagen Jetta 1.4T SE lease for 36 months in California.

Base price is 19,815. What should I be looking at as far as reasonable sale price, MF and RV?

We don't track selling prices; use the "make / model / year" pull downs at the top of the page to link to the price tools.

36/15 numbers on the SE are .00010 and 51%. $1750 lease cash.

thirstydog · May 2016

OK - now being offered 2.0L S w/Technology (A6) 4dr Sedan

Base is 20,510 with discount of 2K and rebate of 1K. Being offered 42 mo lease at 346.32/mo with a MF of .002080 and a residual of 38% at 10K miles. This seems high. Can you confirm?

Michaell · May 2016

thirstydog said:
OK - now being offered 2.0L S w/Technology (A6) 4dr Sedan

Base is 20,510 with discount of 2K and rebate of 1K. Being offered 42 mo lease at 346.32/mo with a MF of .002080 and a residual of 38% at 10K miles. This seems high. Can you confirm?

This must be for a 2015?

I confirm the .00208 MF (standard MF from VW for 42 months), but I don't see any trim where the 42/10 residual is 38%. Lowest I have is 43%.

I think you are much better off going with a 2016 model.

thirstydog · May 2016

You are right Michaell. The new deal is as follows:

2016 1.8T Sport (A6) 4dr Sedan
20,706 - net price including discount of 1500 and rebate of 1000
39 months at 10K miles, MF = .00060

Michaell · May 2016

thirstydog said:
You are right Michaell. The new deal is as follows:

2016 1.8T Sport (A6) 4dr Sedan
20,706 - net price including discount of 1500 and rebate of 1000
39 months at 10K miles, MF = .00060

What is the MSRP?

39/10 residual is 54%. I confirm the .00060 MF.

thirstydog · May 2016

MSRP is 22,395

Michaell · May 2016

thirstydog said:
MSRP is 22,395

I get $241/mo with those prices, before tax.

thirstydog · May 2016

They are at 287 incl. tax which is 7.25%. So, we are off somehow by ~25/mo.

abauer9 · May 2016

Hi,
Can I get numbers for 36/12
- 16 Jetta SE
- 16 Jetta Sport

Thanks!

Michaell · May 2016

thirstydog said:

They are at 287 incl. tax which is 7.25%. So, we are off somehow by ~25/mo.

Confirm the net capitalized cost.

Michaell · May 2016

abauer9 said:

Hi,
Can I get numbers for 36/12
- 16 Jetta SE
- 16 Jetta Sport

Thanks!

.00010 and 53% for the SE and 55% for the sport. $1750 lease cash for both

devanshup · May 2016

Hi, Can I get numbers for 36/12 And 36/10 - 16 Jetta SEL

Michaell · May 2016

devanshup said:
Hi, Can I get numbers for 36/12 And 36/10 - 16 Jetta SEL

36/12 - .00001 and 52%. $1750 lease cash. Add 1% for 10K

devanshup · May 2016

thanks

devanshup · May 2016

i got the number from dealer for 2016 jetta SEL with lighting
Msrp$26,460

cap cost$22,294.66

residual $14,023.80 (53%)

mf 0.00001

lease cash $1250.00

sales tax$880.46
other fee$1229.05
pay up front $2109.51

$250.00/ month

its a good price?

bsheurs · May 2016

looks like a good deal to me

Chrismax · May 2016

if you are paying tax and fees up front, payment should be in the $230 range

Michaell · May 2016

devanshup said:
i got the number from dealer for 2016 jetta SEL with lighting
Msrp$26,460

cap cost$22,294.66

residual $14,023.80 (53%)

mf 0.00001

lease cash $1250.00

sales tax$880.46
other fee$1229.05
pay up front $2109.51

$250.00/ month

its a good price?

I get $230/mo with those numbers. Confirm the adjusted cap cost and what the up front costs cover.

greenarrow1 · May 2016

What are the numbers for 36 mos, 15000 miles/yr
- Jetta 1.8 SEL
- Jetta 1.8 Sport

Michaell · May 2016

greenarrow1 said:
What are the numbers for 36 mos, 15000 miles/yr
- Jetta 1.8 SEL
- Jetta 1.8 Sport

.00001 and 50% (SEL) or 52% (Sport). $1750 lease cash for both

devanshup · May 2016

devanshup said:
i got the number from dealer for 2016 jetta SEL with lighting
Msrp$26,460

cap cost$22,294.66

residual $14,023.80 (53%)

mf 0.00001

lease cash $1250.00

sales tax$880.46
other fee$1229.05
pay up front $2109.51

$250.00/ month

its a good price?

I get $230/mo with those numbers. Confirm the adjusted cap cost and what the up front costs cover.

devanshup · May 2016

motor vehicle $239.50
doc fee $349.50
bank fee $625
temp tag $7.55
tire tax $7.50
selling price $23544.00
rebates $1250.00

Michaell · May 2016

devanshup said:
motor vehicle $239.50
doc fee $349.50
bank fee $625
temp tag $7.55
tire tax $7.50
selling price $23544.00
rebates $1250.00

That new selling price gives me a payment of $265/mo.

guyraz90 · May 2016

Hello,

Looking for some help with the offer I am negotiating on for a SE w/ Connectivity 36/10K. (I am in GA)

MSRP = 23,790
Selling = 19,140
Residual = 53% (12,608.70)
Fees (Dealer + VW ACQ) = 1257
MF = .00001
Down = 2,500 (Cap Cost Red = 2308.25)
Adjusted Cap Cost = 19,500.30
Taxes = 1,411.55

Monthly Payment = $191.75

Thank you in advance,
Guy

Michaell · May 2016

guyraz90 said:
Hello,

Looking for some help with the offer I am negotiating on for a SE w/ Connectivity 36/10K. (I am in GA)

MSRP = 23,790
Selling = 19,140
Residual = 53% (12,608.70)
Fees (Dealer + VW ACQ) = 1257
MF = .00001
Down = 2,500 (Cap Cost Red = 2308.25)
Adjusted Cap Cost = 19,500.30
Taxes = 1,411.55

Monthly Payment = $191.75

Thank you in advance,
Guy

With your numbers, I get the same payment.

Are you paying the taxes and such up front?

guyraz90 · May 2016

Michaell said:

With your numbers, I get the same payment.

Are you paying the taxes and such up front?

The taxes are rolled into the lease payments, I am paying the cap cost reduction and first month's payment up front.

Thanks, Guy

guyraz90 · May 2016

Michaell said:

With your numbers, I get the same payment.

Are you paying the taxes and such up front?

Thank for the confirmation, I am still working on the deal and hoping to get them down a little further on the selling price and/or throw in VW Care & Excess Ware.

To answer your question: The taxes and fees are supposedly rolled into the lease payments. I am paying the first month + cap reduction up front.

Cheers, Guy

2016 VW Jetta Lease Questions

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