No Subject

$23,000 is list for white/blk leather, all weather pkg, 5sp, emissions, side
bags, and destination.  If that's your set-up, you're OK there.

    Leasing?  I can tell you a lot about (VW Credit) leasing.  Actually, I
think I posted a few months ago about how leases are figured.  In short, DO
NOT negotiate around a lease payment.  This is how people screw themselves
when leasing.  Start by getting a discount off of list price as if you were
buying the car with cash.  This is very important because it is the only
thing you can really negotiate in the whole deal.  You should be able to get
at least $1000 off.  From here, everything else is a matter of picking
options that affect the depreciation and service charge (interest,
basically) from tables determined by VW credit.
    When I was getting ready to lease my '97, I did up and Excel spreadsheet
to see how the different leasing options would affect the payment.  E-mail
me with as much specific information as you can and I'll plug in some
numbers.  I don't have the current VW Credit leasing schedule, but I'll get
a copy.  Using the '97 numbers, your deal looks good.
    The aquisition fee is a flat charge due at the inception of all the VW
Credit leases.  For the last few years it has been $450, but maybe it has
changed recently.
    The dealer doesn't charge you for excess mileage and wear, VW credit
does.  The charges (and the $250 termination fee) only apply if the car is
returned to VW Credit.  If you or your dealer buy it, it is sold at the
residual value that is determined at the start of the lease.

- -Chris

BTW, Happy Birthday in advance!

- -----Original Message-----
From: Jeremy Brandow <jeremy.brandow@ilsinc.com>
To: jettaglx <jettaglx@igtc.COM>
Date: Wednesday, October 15, 1997 7:32 PM
Subject: I be Gettin a Jetta GLX


>Hey out there all you cool VW owners.
>
>  In the next month I will be turning 21, (oh yeah) and I will be
>getting my first VW.
>  I plan on ordering a '98 Jetta GLX white w/black leather.
>  The dealer I am currantly arguing price with seems to be an ok guy.
>Though I am not too sure if he is giving me a good deal.
>  What do you all think..
>
>  This will be a lease.
>  It will be a '98 Jetta GLX w/evey option but the 6 disk changer.
>
>  He says that the going price will be 23k, he wants 1k down, first
>months payment($300), security deposit($325), and an Aquasition fee? (I
>think that is what he called it) of about $600.
>  This will be the first lease that I have ever done, so I'm not too
>sure if these costs are absoluty un-avoidable.  He says though that this
>will put my payment right at $300@month, which is were I need it.
>
>  Oh and my lease term will be 36 months w/12k miles a year, but I will
>pay the extra to have 15k a year.
>  Though I wonder if 15k miles will actually be needed if I plan on
>getting into another lease when this one is up.
>  Does anyone know if the dealer will atack you if your miles are over
>the 12k a year, and you plan on leasing a new car?
>
>  One other question.  I'm not too worried about the relibility of a VW,
>(I've herd some horror stories).  It can't be worse than the Dodge Neon
>I currantly own.  I was wondering if someone could give me a run down of
>the most comon quirks that the Jetta may have?
>
>  Thanks for any help,  I am looking forward to being an owner of the
>best car on the road.
>   Jeremy Brandow