Hi, would really appreciate some thoughts on the lease quotes I was given for Jetta 2019 Model S and Model SE, 7.5k/36m, NY zip 10528. My primary focus is $0 down 36m so $224.84 on Model S and $251.67 on SE. Leasing is completely new to me so please let me know if I'm missing anything important, thank you!
Hi, would really appreciate some thoughts on the lease quotes I was given for Jetta 2019 Model S and Model SE, 7.5k/36m, NY zip 10528. My primary focus is $0 down 36m so $224.84 on Model S and $251.67 on SE. Leasing is completely new to me so please let me know if I'm missing anything important, thank you!
Model S
Model SE
.00120 and 62% (S) or 63% (SE) $300 lease cash for both
With the prices provided, I get $240.63/mo for the SE and $215.45/mo for the S
Ask them to explain the discrepancy - it's not much, but it's not nothing, either.
Thansk Michaell this is really useful. How do i factor the $300 lease cash into my calcs for the SE? I have a Capitalized Cost ($19,168) = MSRP ($20,645) - Discount ($1,477). Then my depreciated value per month ($177) = (Residual price - Capitalized Cost) / 36 months But I must be missing the $300 in here...
Thansk Michaell this is really useful. How do i factor the $300 lease cash into my calcs for the SE? I have a Capitalized Cost ($19,168) = MSRP ($20,645) - Discount ($1,477). Then my depreciated value per month ($177) = (Residual price - Capitalized Cost) / 36 months But I must be missing the $300 in here...
locally, most 2019 Jettas are going for 2200-2500 off msrp without any haggling. i think you can get more of a discount off msrp. Also, make sure that 7500 miles per year is enough.
there are cheaper options in the mid-size sedan category...
btw, in the zero down SE example, how can the tax on "cash down and acq fee" be so high (741.93)?
Thansk Michaell this is really useful. How do i factor the $300 lease cash into my calcs for the SE? I have a Capitalized Cost ($19,168) = MSRP ($20,645) - Discount ($1,477). Then my depreciated value per month ($177) = (Residual price - Capitalized Cost) / 36 months But I must be missing the $300 in here...
thanks again really appreciate the help
The $300 is a dealer incentive, and part of the discount from sticker.
@tonyg2016 is a good person to listen to .. he has information about the market we mods don't have.
Thanks appreciate all the help. Tony, in response to your question about tax: Total lease cost + Title/Doc fee + Acquisition Fee * sales tax rate = (251.67*36 + 347.50 + 675)*7.375% = 741.93
61% residual? Yeah, this is not going to be a lease to buy candidate. I knew it was high, didn't realize this high. That puts an R line residual at about $15K in 3 years, and I am not thinking that will be a good buy at that point.
61% residual? Yeah, this is not going to be a lease to buy candidate. I knew it was high, didn't realize this high. That puts an R line residual at about $15K in 3 years, and I am not thinking that will be a good buy at that point.
What? The residual is irrelevant if your buying it out anyway. If it's a 90% residual your buyout/refinance is going to suck, if the residual is 10% your lease is going to suck. If your planning on buying it just finance it for 6 years to get your payments a little lower and save yourself some interest and fees over a lease+finance.
the residual matters if the payment is the same. companies can play all kinds of games to get a cheap lease. If you are returning it regardless, does not matter if they cheat on the residual or lease cash. But if you are buying it out, you want the payment low thanks to huge up front incentives to offset a really low residual.
in those situations, then a lease and buy can make sense. But, if they are getting the lease payment low by virtue of an artificially inflated residual, then it makes little sense to buy it out.
Comments
$500 lease cash on R-Line
$300 lease cash on S
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Thanks!
58%/59% residual for S/SE
$300 dealer lease cash
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59%/58% residual for SEL/SELP
$300 lease cash
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Thanks!
36/10 & 36/12
Thanks!
$500 lease cash
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$300 lease cash
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TIA!
$300 dealer incentive
Either trim
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Thank you!
$300 lease cash for both
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Not sure if those numbers are regional, so can you give me the relevant factors for a 2019 Jetta SEL lease here in CO?
Let's say 3 years, 10k and 12k miles/year, unless there are more favorable terms for other lengths.
Thanks!
2024 Audi Q8 e-tron - 2024 Corvette - 2024 BMW X5 - 2023 Tesla Model Y
.00120 MF and 61% residual
$300 dealer incentive
Maybe, you could just take over @michaell 's lease.. Plenty of miles, left.
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Thanks!
$300 lease cash
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$300 lease cash
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Leasing is completely new to me so please let me know if I'm missing anything important, thank you!
Model S
Model SE
$300 lease cash for both
With the prices provided, I get $240.63/mo for the SE and $215.45/mo for the S
Ask them to explain the discrepancy - it's not much, but it's not nothing, either.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I have a Capitalized Cost ($19,168) = MSRP ($20,645) - Discount ($1,477).
Then my depreciated value per month ($177) = (Residual price - Capitalized Cost) / 36 months
But I must be missing the $300 in here...
thanks again really appreciate the help
there are cheaper options in the mid-size sedan category...
btw, in the zero down SE example, how can the tax on "cash down and acq fee" be so high (741.93)?
@tonyg2016 is a good person to listen to .. he has information about the market we mods don't have.
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2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
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2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Can you please provide MF/residual/incentives on a 2019 Jetta SE and SEL for 36/10K miles in 33126 (FL)
Thanks!
in those situations, then a lease and buy can make sense. But, if they are getting the lease payment low by virtue of an artificially inflated residual, then it makes little sense to buy it out.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
$300 dealer incentive
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Thank you, Michaell
$300 lease cash
Both trims
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Can you please provide the MF and Residual for the S trim, 36/12-36/10, 24/12-24/10.
Thank you
67%/60% residual for 24/36 mo, 12K/yr
Add 1% for 10K
$300 dealer incentive
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Can you please provide the MF and Residual for the S trim, 36/10 manual transmission?
Thank you
$300 dealer lease incentive
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$300 lease cash
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
.00120 and 59%
.00170 and 52%
Subtract 1% for SEL Premium
$300 lease cash
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