2013 Volkswagen Jetta Base
Miles: 96,000 miles
Sell Price: $ 4,300
I wanted to sell my Jetta before reaching 100k so I’ve been looking for a new car. This was my first time leasing a car and I think I made a great deal. The first dealership offered $250/month (also a loaner car with fewer miles), I reached out to different dealers in Florida and they told me this is already a good deal so they can’t match the price. But this dealership decided to match the price to $240/month. I traded in my VW Jetta ($4,300). The people at the dealership were very friendly and I’m happy with my new car.
$ 28,929 was the selling price and $4,300 was the trade-in. I didn’t know where to put the value for trade-in and I just applied in selling price after reading this forum.
Rolling it into the selling price for the purpose of making the calculator output a monthly is fine, but that doesn’t mean it is reduced from the selling price. In this case, it’d be better to look at the $4300 as money due at sale, making this deal $242/mo with $4300 das that you happened to pay with trade equity rather than cash, instead of $242/mo with $0 das.
How much in incentives were rolled into that selling price?
One of the main uses of the shared deal listings is to give data for others to compare pricing, so having accurate pre-incentive discount information for others to reference is the goal here.
Note that your selling price here is not $28929.63, it’s the agreed on price of $26239.68 with the incentives (which appear to be $7000 in most regions currently) backed out, so $33239.68.
That’d put you at 18% pre-incentive discount, which is a solid deal.
Yeah, that might be true but I wasn’t expecting to get $4300 as the value of my vw. I had an ABS warning light on and the headliner needed a repair. When I checked on KBB it was around $3,000
The first dealer valued $4,128 and I showed this quote to the second dealer and we just negotiated about the final monthly payment. We didn’t negotiate the value of my car. Maybe the second dealer increased to $4300 to make it $242/month. idk we just agreed on the monthly payment. I just wanted to trade in my car and get a monthly payment low as possible.
