Hey thanks for the great forum. Can someone review this offer to me? Money factor seems high to me.
2018 VW GTI Autobahn.
The information for lease quote of $530 month for 36 months, 10,000 miles per year
Long Island NY tax rate 8.625%
MSRP: $37,440
Dealer Price: $36,053
Out of Pocket Payment: 3,439 + DMV
Money Factor: .00220
Residual: .58
This dealer does not charge a dealer preparation fee. The only fees we charge are $75 for documentation; $48 for gasoline (full tank); $12.50 for NYS Tire; $10 for NYS Inspection, plus DMV fees.
Run a far as you can away from that lease and that dealership for that matter. Effective lease of $626! Plus DMV costs. Those cars generally do not lease well. You are much better off buying.
The golf r is typically a similar deal as the top trim gti. It’s also on a whole different level from a performance perspective and has awd. If you are dead set on a golf family car seek out the r.
GTI/R’s always have a horrible MF. I would like to get into one but that’s a terribly MF for tier A. While not the same car, different engine, etc check out the GLI for a better deal, MF was much lower when I got my 17 last year and they’re pretty discounted right now.