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Old 03-01-2012, 02:55 PM   #169
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Quote:
Originally Posted by maxtdi View Post
Still as shitty deal as ever. Now even worse...
You are such a negative poster in these forums. Are you an unhappy person?
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Old 03-01-2012, 02:56 PM   #170
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Originally Posted by MattTheCarNut View Post
HEY! This is important!

Did anyone realize this is based on the LOADED 2DR? I thought it was a base model.

The 2012 Golf R Lease Special.
$499*/Month. 36-month lease. $1,999 due at signing. (Excludes title, tax, options and dealer fees.)
Lease a 2012 Golf R 2-Door with manual transmission for $499* a month. 36-month lease, $1,999 due at signing. (Excludes title, tax, options and dealer fees). See your local VW dealer for this limited time offer or for one of many other great lease deals available on Golf R models. More about the golfr.

National Offer | Offer ends April 2, 2012

*Based on MSRP of $36,260 (including destination charges) for a 2012 Golf R 2-Door with manual transmission, excluding title, tax, options and dealer fees. Monthly payments total $17,964. Amount due at signing includes non-refundable security deposit of $0.00. Requires dealer contribution of $703.06, which could affect final negotiated transaction. Purchase option at lease end for $20,293. At lease end lessees responsible for $0.20/mile over 36,000 miles and excessive wear and tear. Dealer sets actual prices. Lessee responsible for insurance. Closed-end lease offered to highly qualified lessees on approved credit by Volkswagen Credit through participating dealers. Supplies limited. U.S. cars only. Additional charges may apply at lease end. See your Volkswagen dealer for financing details or for general product information call 1-800-Drive-VW. ©2012 Volkswagen of America, Inc.

Ok, now the speical appears special. I declare the thread reopen for discussion!
hahaha. The MSRP used in yesterdays figures was $35,810. Im not sure why this new deal is $450 more. I am not sure what that would be. But yes, I knew it was not a base 2-door in my discussion.
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Old 03-01-2012, 02:59 PM   #171
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hahaha. The MSRP used in yesterdays figures was $35,810. Im not sure why this new deal is $450 more. I am not sure what that would be. But yes, I knew it was not a base 2-door in my discussion.
$36,260 is exactly a loaded 2DR w/ destination included = $35,490 + $770 = $36,260. Now if I could talk out the door for $499, I'd do it!
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Old 03-01-2012, 02:59 PM   #172
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i think the $469 was for the base model, now the $499 or whatever is the loaded?
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Old 03-01-2012, 03:02 PM   #173
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Quote:
Originally Posted by veedoubleme View Post
Also, nobody does a 3 year loan, so that exercise was silly.
I did with my GTI. Then again, I put a ton of money down too.

Quote:
Originally Posted by C4L View Post
The average depreciable life of a car is 10 years. On a $35k Golf R that would represent an average of $3,500 per year in depreciation. An unrealized cost of $292/mo...
Still reading the thread so I'm not sure if this has been mentioned already, but depreciation isn't linear, and the car is still worth more than $0 after 10 years. For most cars the yearly depreciation is far less after a year or two, so buying a used R might still be more worthwhile than leasing.

EDIT: looks like it was mentioned already.
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Old 03-01-2012, 03:03 PM   #174
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Still as shitty deal as ever. Now even worse...
I think what is shitty is paying $4,500+ in interest (5% for 60 months) and $2,000+ in taxes (6%) on something that is guaranteed to lose value...

$36,260 + 6% sales tax = $38,414
$38,414 - $1,999 down = $36,415
$36,415 financed at 5% for 60 months = $687.20/mo
$687.20 x 60 = $41,231.76
$41,231.70 - $36,260 = $4,991
$4,991 + $1,999 = $6,990.70 paid MORE than the car actually costs...

hahaha

Leasing certainly works for a lot of people and this lease is not a bad deal.

I do encourage anyone considering this deal to negotiate. DO NOT pay 100% MSRP for the car. You should have no problem getting them in the $450-$470/mo range INCLUDING tax...

Last edited by C4L; 03-01-2012 at 03:15 PM.
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Old 03-01-2012, 03:03 PM   #175
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I had no idea there is only a $1,500 spread between the base and loaded.

Dynaudio® premium sound system
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Old 03-01-2012, 03:03 PM   #176
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Originally Posted by Dybz View Post
i think the $469 was for the base model, now the $499 or whatever is the loaded?
Not true.

The $469/mo had an MSRP of $35,810. This is the number we had been arguing on the whole discussion.
The $499/mo has an MSRP of $36,260.

I actually don't know what the $450 difference is...

I honestly think they changed it because they couldn't do it. The offer said it was good till March 3 but ended Feb 29???

I would still only do it for $470/mo or so, out the door. If not, walk away.
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Old 03-01-2012, 03:11 PM   #177
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And what is still awesomer about this deal is that they have the residual (lease buy-out) at $20,293... After 3 years on a Golf R with 36,000 miles...hahaha

It is going to be worth $25k-$28k if it holds its value like MKV R's are.

Lease this shit and then finance it at the end of the lease for 3 years and then sell it somewhere along the way. DO IT.
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Old 03-01-2012, 03:15 PM   #178
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Originally Posted by C4L View Post
I think what is shitty is paying $4,500+ in interest (5% for 60 months) and $2,000+ in taxes (6%) on a car that is guaranteed to lose value...

$36,260 + 6% sales tax = $38,414
$38,414 - $1,999 down = $36,415
$36,415 financed at 5% for 60 months = $687.20/mo
$687.20 x 60 = $41,231.76
$41,231.70 - $36,260 = $4,991
$4,991 + $1,999 = $6,990.70 paid MORE than the car actually costs...

hahaha

Leasing certainly works for a lot of people and this lease is not a bad deal.

I do encourage anyone considering this deal to negotiate. DO NOT pay 100% MSRP for the car. You should have no problem getting them in the $450-$470/mo range INCLUDING tax...
Once again you're illustrating how incompetent you are at math.

You clearly need to amortize the interest expense. Not just add it every year based on the same loan balance. You owe 38k in year one and in year 5 you owe 1k

Loan Summary
$687.18
Monthly Principal & Interest
$41,230.63
Total of 60 Payments
$4,816.63
Total Interest Paid
That's at 5% which frankly is retarded.

VW is currently running specials at 0.9% for the GTI/GOLF

Your local CU is running at 2.5-2.99%

If you can get 0.9%

Loan Summary
$620.90
Monthly Principal & Interest
$37,254.13
Total of 60 Payments
$839.13
Total Interest Paid
Feb, 2017
Pay-off Date

At 2.9%
Loan Summary
$652.71
Monthly Principal & Interest
$39,162.77
Total of 60 Payments
$2,747.77
Total Interest Paid
Feb, 2017
Pay-off Date

Clearly one needs to do MATH in order to figure out which scenario works out best, I still don't get what point you're trying to make?!
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Old 03-01-2012, 03:17 PM   #179
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In my (and others) defense, this topic is on a Golf R lease. It is a financial discussion.
fair enough. i was just poking the bear(s) a bit.

continue on.


1500 is good deal for the "upgrade". i would have paid that for the premium stereo alone. too bad it would have forced me into a sunroof and keyless (no thanks)
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Old 03-01-2012, 03:20 PM   #180
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Originally Posted by maxtdi View Post
Once again you're illustrating how incompetent you are at math.

You clearly need to amortize the interest expense. Not just add it every year based on the same RATE. You owe 38k in year one and in year 5 you owe 1k

Clearly one needs to do MATH in order to figure out which scenario works out best, I still don't get what point you're trying to make?!
I used an amortization calculator. I didn't just manually add 5% interest every year...hahaha.

I plugged the numbers into a financial calculator I use in my office at my job where I am a chartered financial analyst (CFA)...

Amount Financed - $36,415 ($36,260 + 6% sales tax - $1,999 down payment)
Term - 5 years
Interest Rate - 5%

ENTER

What it spits out is;
$687.20 payments
$41,231.76 in total payments
$4,816.76 in interest

If you have a problem with this, call Thompson Reuters, they created the software...
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Old 03-01-2012, 03:21 PM   #181
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For Mr. negativity, why don't you correct his sales tax figure too. If I recall, your local area is at a minimum 8.75% sales tax.
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Old 03-01-2012, 03:23 PM   #182
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Quote:
Originally Posted by C4L View Post
I used an amortization calculator. I didn't just manually add 5% interest every year...hahaha

I plugged the numbers into a financial calculator I use in my office at my job where I am a chartered financial analyst (CFA)...

Amount Financed - $36,415 ($36,260 + 6% sales tax - $1,999 down payment)
Term - 5 years
Interest Rate - 5%

ENTER

What it spits out is;
$687.20 payments
$41,231.76 in total payments
$4,816.76 in interest

If you have a problem with this, call Thompson Reuters, they created the software...
http://www.onlineloancalculator.org/
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