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2017 VW Beetle Lease Questions

MichaellMichaell Moderator Posts: 240,145
edited November 2016 in Volkswagen
Ask your 2017 Beetle lease questions, here!

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Comments

  • nova345nova345 Member Posts: 2
    Hi Micheal
    Can you help me with the MF/Residual for 
    2017 beetle sel and sel conv, 36/12k.
    Is there a low mileage lease available?
    Thanks
  • MichaellMichaell Moderator Posts: 240,145
    nova345 said:

    Hi Micheal
    Can you help me with the MF/Residual for 
    2017 beetle sel and sel conv, 36/12k.
    Is there a low mileage lease available?
    Thanks

    VW does offer a 10K mileage allowance; 36/10 numbers as follows:

    SEL Coupe - .00135 and 55%. $250 lease cash.
    SEL 'Vert - .00155 and 58%

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  • jasonnerjasonner Member Posts: 2
    Hi, I just got a lease quote for 2017 beetle S.
    MSRP 21,085
    Selling price 18,495
    36mo/10K
    $274.23/m plus tax and 0 down payment.

    The final number is much higher than I thought.
    What do you think?

    Thanks,
  • kyfdxkyfdx Moderator Posts: 235,200
    jasonner said:

    Hi, I just got a lease quote for 2017 beetle S.
    MSRP 21,085
    Selling price 18,495
    36mo/10K
    $274.23/m plus tax and 0 down payment.

    The final number is much higher than I thought.
    What do you think?

    Thanks,

    .00135 MF and 55% residual. $250 lease cash

    If nothing else is added to the selling price, I get $232/mo.+tax.

    The difference is about $1400.
    $625 acquisition fee.. and, what else? DMV/doc fees?

    Ask them for the adjusted CAP cost, and ask for an accounting of the difference between that and the sale price.

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  • jasonnerjasonner Member Posts: 2
    Thank you for response. The adj CAP cost is 19,615, and MF is 0.00165

    I believe these two numbers explain why monthly payment is so high.

    I'll try to get them lower, and of course get more quotes from other dealers.

    Thanks again, kyfdx
  • MichaellMichaell Moderator Posts: 240,145
    jasonner said:

    Thank you for response. The adj CAP cost is 19,615, and MF is 0.00165

    I believe these two numbers explain why monthly payment is so high.

    I'll try to get them lower, and of course get more quotes from other dealers.

    Thanks again, kyfdx

    Regarding the marked up MF, be polite and tell them you won't sign a deal if it's inflated. They know what the base rate is.

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  • raymos24raymos24 Member Posts: 161
    Hi! I am looking for the numbers on 24/10k and 36/10k on a Beetle Dune 1.8T in 02119. Thank you!
  • MichaellMichaell Moderator Posts: 240,145
    raymos24 said:

    Hi! I am looking for the numbers on 24/10k and 36/10k on a Beetle Dune 1.8T in 02119. Thank you!

    .00180 and 53% (36/10) or 60% (24/10)

    $500 lease cash

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  • svizca1svizca1 Member Posts: 6
    Hi- I got quoted for a 2017 Beetle SEL Coupe Lease (3 yr, 10k) and would like to know if what I received is reasonable for this time of year?

    I've got good credit (760 score)

    Negotiated the price to $24,300

    They came back with 53% residual ($14,200) and money factor of .0023 (5.5% -- is this kind of high?)

    Ending monthly payment at $399 + tax.

    Just trying to figure out if the Money Factor is reasonable?

    Thanks!


  • MichaellMichaell Moderator Posts: 240,145
    svizca1 said:

    Hi- I got quoted for a 2017 Beetle SEL Coupe Lease (3 yr, 10k) and would like to know if what I received is reasonable for this time of year?

    I've got good credit (760 score)

    Negotiated the price to $24,300

    They came back with 53% residual ($14,200) and money factor of .0023 (5.5% -- is this kind of high?)

    Ending monthly payment at $399 + tax.

    Just trying to figure out if the Money Factor is reasonable?

    Thanks!

    Base MF is .00180; dealer can mark it up .00050 for extra profit.

    What is the MSRP?

    How much is due at signing?

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  • svizca1svizca1 Member Posts: 6
    edited March 2017
    Michaell said:

    svizca1 said:

    Hi- I got quoted for a 2017 Beetle SEL Coupe Lease (3 yr, 10k) and would like to know if what I received is reasonable for this time of year?

    I've got good credit (760 score)

    Negotiated the price to $24,300

    They came back with 53% residual ($14,200) and money factor of .0023 (5.5% -- is this kind of high?)

    Ending monthly payment at $399 + tax.

    Just trying to figure out if the Money Factor is reasonable?

    Thanks!

    Base MF is .00180; dealer can mark it up .00050 for extra profit.

    What is the MSRP?

    How much is due at signing?

    Thanks Michaell-

    MSRP is $26795

    Negotiated price $24300

    Residual at 14201 (53%)

    Due at lease signing --> $339 lease payment (excluding tax) + $100 (title and plate) + $2k down

    I understand dealers have to make money, I just want to get the best deal- win/win

    Is the extra .00050 typical for dealers to markup the rent charge? Sales person said it was set by VW. So rent charge is around 4.3% and they can bump it up to 5.5%? Is this typical for the car?




  • MichaellMichaell Moderator Posts: 240,145
    svizca1 said:

    Michaell said:

    svizca1 said:

    Hi- I got quoted for a 2017 Beetle SEL Coupe Lease (3 yr, 10k) and would like to know if what I received is reasonable for this time of year?

    I've got good credit (760 score)

    Negotiated the price to $24,300

    They came back with 53% residual ($14,200) and money factor of .0023 (5.5% -- is this kind of high?)

    Ending monthly payment at $399 + tax.

    Just trying to figure out if the Money Factor is reasonable?

    Thanks!

    Base MF is .00180; dealer can mark it up .00050 for extra profit.

    What is the MSRP?

    How much is due at signing?

    Thanks Michaell-

    MSRP is $26795

    Negotiated price $24300

    Residual at 14201 (53%)

    Due at lease signing --> $339 lease payment (excluding tax) + $100 (title and plate) + $2k down

    I understand dealers have to make money, I just want to get the best deal- win/win

    Is the extra .00050 typical for dealers to markup the rent charge? Sales person said it was set by VW. So rent charge is around 4.3% and they can bump it up to 5.5%? Is this typical for the car?
    Typical for the car? No

    Typical for the dealer? Likely. It's a way to make more money on the deal.

    If I use $22,300 as the cap cost (selling price - $2k down), I get $309/mo plus tax. Long way from $399/mo. And, that's with the higher MF in my calculations.

    Ask the dealer what the $2000 is going to - perhaps not all of it is going to down payment.

    And, ask the dealer what the adjusted cap cost is - and how they got to that number from the negotiated price.

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  • chad75chad75 Member Posts: 109
    edited March 2017
    Could you please provide the residual and MF for a 2017 Beetle S coupe (base, no options), 10,000 miles/year, 36 months, for zip code 34104. Thank you!!
  • MichaellMichaell Moderator Posts: 240,145
    chad75 said:

    Could you please provide the residual and MF for a 2017 Beetle S coupe (base, no options), 10,000 miles/year, 36 months, for zip code 34104. Thank you!!

    .00180 and 53%. $500 lease cash

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  • chad75chad75 Member Posts: 109
    edited March 2017
    Michaell said:

    chad75 said:

    Could you please provide the residual and MF for a 2017 Beetle S coupe (base, no options), 10,000 miles/year, 36 months, for zip code 34104. Thank you!!

    .00180 and 53%. $500 lease cash
    Thank you very much, Michaell! And I'm presuming that the MF might be a smidgeon lower if I pay the acquisition fee up front (combined with a high credit score)?
  • MichaellMichaell Moderator Posts: 240,145
    chad75 said:

    Michaell said:

    chad75 said:

    Could you please provide the residual and MF for a 2017 Beetle S coupe (base, no options), 10,000 miles/year, 36 months, for zip code 34104. Thank you!!

    .00180 and 53%. $500 lease cash
    Thank you very much, Michaell! And I'm presuming that the MF might be a smidgeon lower if I pay the acquisition fee up front (combined with a high credit score)?
    No reduction in the MF for that, unfortunately.

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  • xdlaughxdlaugh Member Posts: 8
    Could you please provide the residual and MF for a 2017 Beetle SE and SEL coupe (base, no options), 12,000 miles/year, 36 months, for zip code 92612? Thank you!
  • MichaellMichaell Moderator Posts: 240,145
    xdlaugh said:

    Could you please provide the residual and MF for a 2017 Beetle SE and SEL coupe (base, no options), 12,000 miles/year, 36 months, for zip code 92612? Thank you!

    .00180 and 52%. $500 lease cash.

    Both trims.

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  • xdlaughxdlaugh Member Posts: 8
    Hi,

    I did a lease calculation for beetle se msrp: $23270
    Used truecar price that I will try to negotiate a good price: which gives me $20973. Used MF: 0.00180 and Residual 52%. 

    Assumed documentation will cost around $700 and applied $2000 down with $500 college grad and came up to around ~255 before tax.

    Does my calculation look right and is it possible to lease around this price range?

    Thank you!
  • kyfdxkyfdx Moderator Posts: 235,200
    xdlaugh said:

    Hi,

    I did a lease calculation for beetle se msrp: $23270
    Used truecar price that I will try to negotiate a good price: which gives me $20973. Used MF: 0.00180 and Residual 52%. 

    Assumed documentation will cost around $700 and applied $2000 down with $500 college grad and came up to around ~255 before tax.

    Does my calculation look right and is it possible to lease around this price range?

    Thank you!

    So, you added $700, then subtracted $2500?

    If so, I get $253/mo.+tax

    Acquisition fee is $625.
    You'll have DMV fees. Not sure where you live but $700 for doc fees seems excessive

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  • xdlaughxdlaugh Member Posts: 8
    Yeah I added 700 for doc cause I dont really know how much that will cost (just put it high)

    subtracted $2500 for 2000 down and 500 lease cash.
  • crzyaimcrzyaim Member Posts: 58
    Looking to get MF and RV in CA for 10/36 & 12/36 on Beetle SEL and R line. An lease cash?
  • kyfdxkyfdx Moderator Posts: 235,200
    crzyaim said:

    Looking to get MF and RV in CA for 10/36 & 12/36 on Beetle SEL and R line. An lease cash?

    VW has dropped lease support of the Beetle.

    If leasing, pick a different vehicle.

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  • paris_parisparis_paris Member Posts: 2
    Hi,

    I am getting following deal to lease 2017 new Beetle SE for 10K/3 years.

    Negotiated Price: $20433
    Money Factor: 0.00212
    Residual Value: 50%
    Downpayment: $2500
    Tax on downpayment + Acq fee + 1st Month + DMV fee + Dealer Doc: $1500

    EMI/month: $230 + tax

    I have a good credit score. How is the deal?
  • MichaellMichaell Moderator Posts: 240,145

    Hi,

    I am getting following deal to lease 2017 new Beetle SE for 10K/3 years.

    Negotiated Price: $20433
    Money Factor: 0.00212
    Residual Value: 50%
    Downpayment: $2500
    Tax on downpayment + Acq fee + 1st Month + DMV fee + Dealer Doc: $1500

    EMI/month: $230 + tax

    I have a good credit score. How is the deal?

    What is the MSRP?

    You are giving the dealer $4000 up front, or just $2500, of which $1500 is fees and such?

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  • paris_parisparis_paris Member Posts: 2
    edited June 2017
    Hi Michaell,

    new Beetle SE 2017

    MSRP: $23670
    Negotiated Price: $21,100
    Partner Program Discount : $500
    Residual: 51% ~ $12071
    Money Factor: 0.00212
    Miles/month: 10k miles/ 36 months

    Down payment: $2500
    Tax on downpayment + Acq fee + 1st Month + DMV fee + Dealer Doc: $1500
    EMI/month: $230 + tax

    Down payment and other tax are separate which I need to pay upfront ~ $4000
  • MichaellMichaell Moderator Posts: 240,145

    Hi Michaell,

    new Beetle SE 2017

    MSRP: $23670
    Negotiated Price: $21,100
    Partner Program Discount : $500
    Residual: 51% ~ $12071
    Money Factor: 0.00212
    Miles/month: 10k miles/ 36 months

    Down payment: $2500
    Tax on downpayment + Acq fee + 1st Month + DMV fee + Dealer Doc: $1500
    EMI/month: $230 + tax

    Down payment and other tax are separate which I need to pay upfront ~ $4000

    We do not recommend a down payment on a lease, and we also suggest you add the acquisition fee and dealer doc fee into the monthly payment as well.

    It will increase your payment but reduce your up front cash to just the first month and DMV fee. The other up front monies would be at risk (i.e, you won't get it back) if the car is stolen or totaled.

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  • lguzman82lguzman82 Member Posts: 10
    Hi Michaell,

    May you please provide MF, Residual Value and lease cash for a 2018 VW Beetle SE w/ Premium Pkg. in South Florida (Zip Code: 33029)? Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 235,200
    lguzman82 said:

    Hi Michaell,

    May you please provide MF, Residual Value and lease cash for a 2018 VW Beetle SE w/ Premium Pkg. in South Florida (Zip Code: 33029)? Thanks in advance!

    There are no longer any lease programs for the Beetle

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