Re: Off Topic: Can this lease be FAIR?

[Bryan Billings <billings@codenet.net>]

I think that they are required by law to tell you anything you ask about
the lease including the lease rate.  Go to Campbell Neilson in Edmunds.
Even if you are over your mileage it shouldn't matter because you are
trading your car in not turning it in.  Never turn in.

Bryan Billings

Greg Wright wrote:
> 
> Howdy all,
> 
> I went to my dealer, University VW in Seattle, yesterday to get
> a new '98 GLX. Although the '96 GLS, with all my add ons, I am
> driving now and the new GLX I want cost about the same, ~22K,
> they want me to pay $100 more a month and extend the lease
> from 3 to 4 years. Does this sound right to any of you?
> How much are you guys/gals leasing for out there? Here are the
> stats as I remember them:
> 
> Current lease:
> 
> --1996 Jetta GLS with leather, roof ant., spoiler, alloy
>   wheels. ~$22k.
> --Just about 2 years into a 3 year lease.
> --Payment is $328/month after taxes.
> --Buyout at this time from VCI is ~$14k.
> --My car is in good condition with 30k miles. Needs front tires
>   and the driver side rear wheel well has a .5" ding in it. It
>   lifted the paint and need to be painted( $500 about??).
> --My lease gave me 12k miles a year.
> 
> I want to end this lease and buy a '98 Jetta GLX with no
> extras. Approx. ~22k right?
> 
> The dealer wants me to put $2,000 down and pay $428/Month
> on a FOUR year lease. How can this be! He said that the
> interest rates have gone up but wouldn't tell me how much.
> He says that the dealer can buy Jetta GLSs at auction for
> around 11K( with all my options? ).
> 
> Anyway, I was just wondering how much you professional
> car buyers out there are paying.
> 
> Thankful for any advise or links to where I can learn
> more about leases,
> greg "I just want a new GLX to go fast" Wright.
> 
> --
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