2016 VW Jetta Lease Questions

kyfdx · May 2016

caseyf1970 said:
Can you give me the residual for a 2016 Jetta 1.4s in Texas, 3 year 36K ?

thanks

.00001 MF and 52% residual. $1500 lease cash.

caseyf1970 · May 2016

thanks!

edgeskeez · May 2016

Hello,

Can I please get the numbers for a 2016 Jetta 1.4s and 1.8sport 36/10 and 24/10? Socal

Thank you!

Michaell · May 2016

edgeskeez said:
Hello,

Can I please get the numbers for a 2016 Jetta 1.4s and 1.8sport 36/10 and 24/10? Socal

Thank you!

.00001 and 53% (S) or 55% (Sport) for 36/10, 60% (S) or 62% Sport for 24/10

$1500 lease cash on the S, $1750 on the Sport.

lauraray · May 2016

Hi there,
I have a 3/12k lease quote from a dealer for a Jetta Hybrid and want some advice.

The price of the car is 5k off MSRP, so I'm pretty happy with that. However, they low balled my trade-in by about 1500 and the money factor is awfully high at .00051 (I have Tier A credit).

What is my best shot at getting them to move off the quote? The trade-in or the MF? Should I try to negotiate both? I'd be happy to get another $500 for the trade-in, but feel like they need to come down on the MF considering my good credit. I really want the car, but don't want to get fleeced on it.

Any suggestions?

kyfdx · May 2016

lauraray said:
Hi there,
I have a 3/12k lease quote from a dealer for a Jetta Hybrid and want some advice.

The price of the car is 5k off MSRP, so I'm pretty happy with that. However, they low balled my trade-in by about 1500 and the money factor is awfully high at .00051 (I have Tier A credit).

What is my best shot at getting them to move off the quote? The trade-in or the MF? Should I try to negotiate both? I'd be happy to get another $500 for the trade-in, but feel like they need to come down on the MF considering my good credit. I really want the car, but don't want to get fleeced on it.

Any suggestions?

.00001 MF and 48% residual. $1250 lease cash.

If your credit is top tier, then the money factor markup is all about more profit for the dealership.

If you want to pay $500 less, plus get the base rate, tell them that's what it will take to make the deal, and be ready to sign, if they say yes.

concretevita · May 2016

When leasing a car, is the pricing of VW Care negotiable?

http://www.vwserviceandparts.com/volkswagen-maintenance-plans/vw-maintenance-pricing/

kyfdx · May 2016

concretevita said:
When leasing a car, is the pricing of VW Care negotiable?

http://www.vwserviceandparts.com/volkswagen-maintenance-plans/vw-maintenance-pricing/

I'm sure it is... but, I don't think the margins are all that high for the dealer.

Of course, be careful they aren't marking up the prices you find on-line.

concretevita · May 2016

Help! When I came into the same dealer again, who was offering 0.00001 MF, today they are saying after VW credit approval, they only approved a MF of 0.00031 because of non tier-A credit. That's a ~$500 increase over the course of the lease.

(They show a printout from VW Credit saying I had tier-B credit. My credit score is mid 700s, although I only have ~ 3years of credit history.)

So, are they bluffing? Or is this normal? Should I walk?

kyfdx · May 2016

concretevita said:
Help! When I came into the same dealer again, who was offering 0.00001 MF, today they are saying after VW credit approval, they only approved a MF of 0.00031 because of non tier-A credit. That's a ~$500 increase over the course of the lease.

(They show a printout from VW Credit saying I had tier-B credit. My credit score is mid 700s, although I only have ~ 3years of credit history.)

So, are they bluffing? Or is this normal? Should I walk?

It would be really unusual for a dealer to lie about your credit tier. Federal law and all that. They certainly wouldn't bother faking a printout.

The increase for B-tier is indeed .00030.

I'm not an expert on credit tiers (or anything else, for that matter), so I can't say what weight length of credit history has on the bank's decision.

fn77789 · May 2016

Hello,

I am looking into leasing a 2016 Jetta Sport 1.8T in the San Diego area. Can you please assist on what I should look out for? Right now I have only went to see the car, dealer wanted to talk numbers, but I am not ready. Ran into this forum and would love to gain insight.

We are thinking 36/15k or 36/12k.

What would be the numbers for this?

MSRP: $24,052

Thank you!

kyfdx · May 2016

fn77789 said:
Hello,

I am looking into leasing a 2016 Jetta Sport 1.8T in the San Diego area. Can you please assist on what I should look out for? Right now I have only went to see the car, dealer wanted to talk numbers, but I am not ready. Ran into this forum and would love to gain insight.

We are thinking 36/15k or 36/12k.

What would be the numbers for this?

MSRP: $24,052

Thank you!

.00001 MF and 52%/54% residual. $1750 lease cash

concretevita · May 2016

Is GAP standard on every VW lease? The above was in the back of my official lease agreement, which seems to say that GAP is optional for purchase. However, the dealer I worked with -- as well as some online information that I found -- say that every VW lease should come with GAP already.

What's going here?

-------

To potentially help others on this forum, I'm posting my lease deal details:

2016 Jetta SE w/ Connectivity

MSRP: $23,545
Selling price, after all rebates: $16,803
(Rebates used: $1,000 memorial day, $500 company partner)
MF: 0.00031
Acquisition/disposition fees: $625 / $350
Drive-off: $625.15
36mo/10k miles, 53% RV

Monthly after tax: $158.82
Total lease cost: $6534 (or 2.78% of MSRP)

Michaell · May 2016

concretevita said:

Is GAP standard on every VW lease? The above was in the back of my official lease agreement, which seems to say that GAP is optional for purchase. However, the dealer I worked with -- as well as some online information that I found -- say that every VW lease should come with GAP already.

What's going here?

-------

To potentially help others on this forum, I'm posting my lease deal details:

2016 Jetta SE w/ Connectivity

MSRP: $23,545
Selling price, after all rebates: $16,803
(Rebates used: $1,000 memorial day, $500 company partner)
MF: 0.00031
Acquisition/disposition fees: $625 / $350
Drive-off: $625.15
36mo/10k miles, 53% RV

Monthly after tax: $158.82
Total lease cost: $6534 (or 2.78% of MSRP)

Gap is included with VW leases - the only major brand that doesn't bundle GAP in is Toyota.

Thanks for sharing your deal details. Is this the 1.4 or the 1.8 SE?

concretevita · May 2016

Michaell said:

Is GAP standard on every VW lease? The above was in the back of my official lease agreement, which seems to say that GAP is optional for purchase. However, the dealer I worked with -- as well as some online information that I found -- say that every VW lease should come with GAP already. What's going here? ------- To potentially help others on this forum, I'm posting my lease deal details: 2016 Jetta SE w/ Connectivity MSRP: $23,545 Selling price, after all rebates: $16,803 (Rebates used: $1,000 memorial day, $500 company partner) MF: 0.00031 Acquisition/disposition fees: $625 / $350 Drive-off: $625.15 36mo/10k miles, 53% RV Monthly after tax: $158.82 Total lease cost: $6534 (or 2.78% of MSRP)
Gap is included with VW leases - the only major brand that doesn't bundle GAP in is Toyota. Thanks for sharing your deal details. Is this the 1.4 or the 1.8 SE?

This is the 1.4 SE w/ Connectivity.

Michaell · May 2016

concretevita said:

Michaell said:

concretevita said:

Is GAP standard on every VW lease? The above was in the back of my official lease agreement, which seems to say that GAP is optional for purchase. However, the dealer I worked with -- as well as some online information that I found -- say that every VW lease should come with GAP already.

What's going here?

-------

To potentially help others on this forum, I'm posting my lease deal details:

2016 Jetta SE w/ Connectivity

MSRP: $23,545
Selling price, after all rebates: $16,803
(Rebates used: $1,000 memorial day, $500 company partner)
MF: 0.00031
Acquisition/disposition fees: $625 / $350
Drive-off: $625.15
36mo/10k miles, 53% RV

Monthly after tax: $158.82
Total lease cost: $6534 (or 2.78% of MSRP)
Gap is included with VW leases - the only major brand that doesn't bundle GAP in is Toyota.

Thanks for sharing your deal details. Is this the 1.4 or the 1.8 SE?

This is the 1.4 SE w/ Connectivity.

Nice - that car is on my short list when my Hyundai lease is up later this year.

kyfdx · May 2016

@concretevita It looks like that disclaimer is on the dealer's generic standard lease contract? As mentioned, doesn't apply to a VW Credit contract. Or, rather it does apply, but VW includes that coverage.

wisvw10 · May 2016

I'm in Green Bay WI and I'm not being quoted payments anywhere near some of these deals. Do I need to look into travelling to get these type of deals? We don't have many VW dealers. Best I've gotten so far is $270 a month w/tax on a 2016 Jetta SE w/connectivity with $500 out of pocket.

lar60 · May 2016

Looking for MF rates and residual, which I think is 58% for 36/12, for 2016 Jetta GLI SEL in CO. Any idea? At the same time, would it be any different going to a 2016 Golf GTI? It seems like dealers are marking up the money factor .005 or so, is that right and negotiable. I was told that they markup to offset the discount. I understand, but then what's the point of the discount other than appearance?

kyfdx · May 2016

lar60 said:
Looking for MF rates and residual, which I think is 58% for 36/12, for 2016 Jetta GLI SEL in CO. Any idea? At the same time, would it be any different going to a 2016 Golf GTI? It seems like dealers are marking up the money factor .005 or so, is that right and negotiable. I was told that they markup to offset the discount. I understand, but then what's the point of the discount other than appearance?

Dealers can mark up the money factor for extra profit. The money factor isn't published. That's why we have over 200 discussions in the forums, just for people asking for those numbers.

kyfdx · May 2016

wisvw10 said:
I'm in Green Bay WI and I'm not being quoted payments anywhere near some of these deals. Do I need to look into travelling to get these type of deals? We don't have many VW dealers. Best I've gotten so far is $270 a month w/tax on a 2016 Jetta SE w/connectivity with $500 out of pocket.

Yes. If you want dealers to compete for your business, you have to introduce some competition.

fn77789 · May 2016

Hi again, thank you for your previous reply.

We went ahead and leased the car:

2016 Jetta 1.8T Sport.
MSRP: $24,052
Sales Price: $19,500
Fees (acq, dmv/title, doc/dealer): $350.75
Terms: 36/12k
MF: 0.00110 (C-tier credit rating, hope to get that better in the next few years)
Res: 54%
Down pmt: $1,500
Payment: $248 (including California tax)
San Diego, California

How did I do?

Thanks!

Michaell · May 2016

fn77789 said:

Hi again, thank you for your previous reply. We went ahead and leased the car: 2016 Jetta 1.8T Sport. MSRP: $24,052 Sales Price: $19,500 Fees (acq, dmv/title, doc/dealer): $350.75 Terms: 36/12k MF: 0.00110 (C-tier credit rating, hope to get that better in the next few years) Res: 54% Down pmt: $1,500 Payment: $248 (including California tax) San Diego, California How did I do? Thanks!

Not too bad, given the credit ding. Enjoy the new VW!

bobcuzi · May 2016

Any word on June's numbers for a 2016 GLI SE? 36/12 residual and MF and/or additional incentives?

(Also, is it true that these cars "can't" be ordered by dealers, that's what they've been telling me, but if it's a "new" car, why can't I get the color that I want (is the dealer just being lazy, or does it take too long to order the car and they can't honor the current lease pricing)?)

THANKS!

Michaell · May 2016

bobcuzi said:
Any word on June's numbers for a 2016 GLI SE? 36/12 residual and MF and/or additional incentives?

(Also, is it true that these cars "can't" be ordered by dealers, that's what they've been telling me, but if it's a "new" car, why can't I get the color that I want (is the dealer just being lazy, or does it take too long to order the car and they can't honor the current lease pricing)?)

THANKS!

Current numbers expire today .. new numbers should be available later this week.

Some dealers are less inclined to find you the exact car you want, and would rather sell you something they have in stock. Reach out to more dealers; it only takes one to make a deal on your terms.

athomas008 · May 2016

Hi Michaell,

What is the MF and residual for 2016 VW Jetta GLI SE & SEL for 36 months/12,000 miles per year.

Thank you

Michaell · May 2016

athomas008 said:
Hi Michaell,

What is the MF and residual for 2016 VW Jetta GLI SE & SEL for 36 months/12,000 miles per year.

Thank you

.00001 and 58%. $1000 lease cash

athomas008 · May 2016

And for the Jetta 1.8T sport it is still MF .00001 and 54% residual? Thank you!

Michaell · May 2016

athomas008 said:
And for the Jetta 1.8T sport it is still MF .00001 and 54% residual? Thank you!

Those numbers are correct for 36/12.

athomas008 · May 2016

Thank you. Just picked up 1.8T sport manual for $149.62/month plus all the taxes and fess. Came to about 193.86/month, zero down.

Michaell · May 2016

athomas008 said:
Thank you. Just picked up 1.8T sport manual for $149.62/month plus all the taxes and fess. Came to about 193.86/month, zero down.

Congrats!

lar60 · June 2016

Are June MF and residual values out for Jetta GLI SE/SEL with 36/12?

concretevita · June 2016

For leased Jettas, are there standard insurance coverage amounts that all leasees are obliged to adhere to?

Asking because there is some inconsistency in terms of deductibles in the documents I signed. The dealer is not helpful either. If there are standard amounts, I figure it'd be easier to use those.

lvs23 · June 2016

Hello,

I picked up 2016 Jetta S Auto on May 31st.
36 months lease with 10k miles.
I got it for $185 on sign and drive before including Wear and Tear protection at $600. Final came to $199.
I'm in CT state

Top figures I know:
MSRP $19,850
Gross Cap $17,588 (Net $16,166 + Acq $625 + WearTear $600 + etc)
Adjusted Cap $17,257
Residual $10,531

Depreciation $6,726
Rent Charge $9.91

Base Payment $187
Sales Tax $11.88
Total Payment $199

Due at signing covered by the $1,000 rebate consist of

Cap Cost Reduction $330
First Monthly Payment $199
Registration (CT state) $170
Doc Fee $339
Sales Tax $53
Greenhouse gas $5
CT Lemon Law $3

Still trying to figure it out if it's good/bad deal. Could it have been done better or should I rest the case of the price paid?
P.S. I talked to many dealerships (same and different manufactures) - none could do $185 sign and drive.

kyfdx · June 2016

lar60 said:
Are June MF and residual values out for Jetta GLI SE/SEL with 36/12?

.00015 MF and 58% residual. $1500 lease cash.

kyfdx · June 2016

concretevita said:
For leased Jettas, are there standard insurance coverage amounts that all leasees are obliged to adhere to?

Asking because there is some inconsistency in terms of deductibles in the documents I signed. The dealer is not helpful either. If there are standard amounts, I figure it'd be easier to use those.

Your lease documents mentioned insurance deductibles? That's a new one on me.

kyfdx · June 2016

lvs23 said:
Hello,

I picked up 2016 Jetta S Auto on May 31st.
36 months lease with 10k miles.
I got it for $185 on sign and drive before including Wear and Tear protection at $600. Final came to $199.
I'm in CT state

Top figures I know:
MSRP $19,850
Gross Cap $17,588 (Net $16,166 + Acq $625 + WearTear $600 + etc)
Adjusted Cap $17,257
Residual $10,531

Depreciation $6,726
Rent Charge $9.91

Base Payment $187
Sales Tax $11.88
Total Payment $199

Due at signing covered by the $1,000 rebate consist of

Cap Cost Reduction $330
First Monthly Payment $199
Registration (CT state) $170
Doc Fee $339
Sales Tax $53
Greenhouse gas $5
CT Lemon Law $3

Still trying to figure it out if it's good/bad deal. Could it have been done better or should I rest the case of the price paid?
P.S. I talked to many dealerships (same and different manufactures) - none could do $185 sign and drive.

That looks cheap.

bobcuzi · June 2016

Just took delivery of my White 2016 Jetta GLI SE. Let me know how I did:

MSRP: $28,140
Cap Price: $24,700
Fees ($625 acquisition, $175 DMV, and $389 doc): $1,189
Rebates: $1,000 (Memorial Day Cash, paid for Fees, only cost upfront was first months payment)
36 months/12,000 miles, 58% residual
MF: .00001
CT State Sales Tax

Monthly cost (including tax): $265/mo.

Michaell · June 2016

bobcuzi said:

Just took delivery of my White 2016 Jetta GLI SE. Let me know how I did: MSRP: $28,140 Cap Price: $24,700 Fees ($625 acquisition, $175 DMV, and $389 doc): $1,189 Rebates: $1,000 (Memorial Day Cash, paid for Fees, only cost upfront was first months payment) 36 months/12,000 miles, 58% residual MF: .00001 CT State Sales Tax Monthly cost (including tax): $265/mo.

Congrats! Looks like a solid deal.

quattro5 · June 2016

Any June #'s yet? Looking at Jetta SE 36/10 in Louisiana.

Michaell · June 2016

quattro5 said:
Any June #'s yet? Looking at Jetta SE 36/10 in Louisiana.

.00015 and 53%. $2250 lease cash.

kar_freak · June 2016

Hi! Looking for MF/RV for 2016 Jetta S and SE in Texas for both 1.4T and 1.8T. Any lease cash?

Thanks!

kyfdx · June 2016

kar_freak said:
Hi! Looking for MF/RV for 2016 Jetta S and SE in Texas for both 1.4T and 1.8T. Any lease cash?

Thanks!

36/15

.00015 MF and 50% residual for either model.

$2000 lease cash on S
$2250 lease cash on SE

camlq23 · June 2016

Hi, looking for MF and RV for 2016 Jetta GLI SE 36/10 and 36/12 in Miami FL. Any lease offers or incentives? Also, my credit score is around 680 (due to credit utilization working to reduce it), how would this impact the MF?

kyfdx · June 2016

camlq23 said:
Hi, looking for MF and RV for 2016 Jetta GLI SE 36/10 and 36/12 in Miami FL. Any lease offers or incentives? Also, my credit score is around 680 (due to credit utilization working to reduce it), how would this impact the MF?

.00015 MF and 59%/58% residual. $1500 lease cash.

Not sure where the cutoffs are, but if you drop to the next tier, it adds .00030 to the MF. Drop one more, and the addition is .00110 over the top tier rate.

roadragee · June 2016

Hi!

What are the June numbers (MF, Residual, lease cash) for Jetta Sport in CA? 24/12 and 36/12. Thank you!

kyfdx · June 2016

roadragee said:
Hi!

What are the June numbers (MF, Residual, lease cash) for Jetta Sport in CA? 24/12 and 36/12. Thank you!

.00015 MF and 61%/54% residual. $2250 lease cash.

hbanchs · June 2016

Can you give me the residual and money factor for a 2016 vw jetta se trim level I'm North Florida for a 36 month/12k miles per year lease?
Thanks

Michaell · June 2016

hbanchs said:
Can you give me the residual and money factor for a 2016 vw jetta se trim level I'm North Florida for a 36 month/12k miles per year lease?
Thanks

.00015 and 52%. $2250 lease cash.

rldawson · June 2016

Friend of mine is looking at an SEL in Virginia, can you please list 36/12 numbers and lease cash?

2016 VW Jetta Lease Questions

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