Reply With QuoteCheers, makes sense, without the option to sell the vehicle at the end might not stack up. I will check with the accountant, next time we are shopping!
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Volkswagen Fan
My guess is it's because the leasing company take into account how much the car will be worth at the end of the lease, compare that to what will be owing on it and apply that up front to make the lease payments lower.
For example, say I buy a Golf R for $53,000 and pay it down over 3 years to a balloon payment of 45% or $23,850. Reckon on just shy of $1000 a month. However, a 3 year old Golf R is worth a bit more than $23k (the cheapest on carsales is $38k) so when I sell it, I give $23k to the finance company and I pocket the other $10k to $15k or so. All of a sudden my $36,000 in repayments has balanced out at somewhere between $19k to $26k. Or say $530 to $720 a month.
With a lease, I don't sell the car, I just give it back. That's a pretty rubbish deal for me so the lease company might give me a discount up front otherwise why would I bother? Unless my repayments are closer to $700 a month. That's like doing a private loan on, roughly, a $30,000 to $40,000 car but not taking many money when you sell it.
A lease also takes servicing and tyres into account so that makes things a bit more difficult but you get the drift.
Disclaimer: I have no idea what I'm talking about. The above is all a guess. Happy to hear from someone else who might be an accountant
Looking for:- RS4 B7 Avant.
Current:- Amarok V6 Sportline; Mazda CX-9 Azami AWD
Previous - Mk 6 R manual; Mk 7 R manual; Passat 130 TDi Wagon. Mk 7.5 Wolfsburg Wagon.
Dubber
Cheers, makes sense, without the option to sell the vehicle at the end might not stack up. I will check with the accountant, next time we are shopping!
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New Dubber
generally speaking, the leasing company might have fleet discounts with manufacturers so they could source the vehicle on your behalf at a very competitive price.
Volkswagen Fan
Golf R specs mention electric seat with memory function. How is the memory function operated? e.g. his and her keys, buttons on the seat or via the infotainment screen?
Volkswagen Fan
Looking at the other models in the VW range with this function, it looks like there will be 2-3 buttons on the side of the seat with a SET button. Nothing confirming this for the Golf but I'd be surprised if they changed it from that.Originally Posted by toggle
2018 Golf R 7.5 Wolfsburg Edition Hatch - Lapiz Blue / Sunroof
Volkswagen Enthusiast
Thats a good question toggle i thought it was with the keys.. a button on the side of the seat not as cool imo
will have mine in 2 weeks and find out then
New Dubber
Just received an email from my dealer saying that my Wolfsburg is due to be delivered in April 2018. One of the later/last allocations I assume...
Volkswagen Fan
That is a very long time. I don't think I can wait.
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2018 MY18 R 7.5 Wolfsburg | Blue| Sunroof | Finally here! And it's goddam goood!
2010 Mazda 6 | Luxury Sports | White : Sold
2009 | 335i | Convertible | Grey : Sold
2006 Jetta TSI DSG | Highline | Silver : Sold
Volkswagen Fan
Almost a year from now, I don't think I can wait either!
2018 Golf R 7.5 Wolfsburg Edition Hatch - Lapiz Blue / Sunroof
Volkswagen Fan
It's not like they're hand made ffs. They have three or four more add ons lol.
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2018 MY18 R 7.5 Wolfsburg | Blue| Sunroof | Finally here! And it's goddam goood!
2010 Mazda 6 | Luxury Sports | White : Sold
2009 | 335i | Convertible | Grey : Sold
2006 Jetta TSI DSG | Highline | Silver : Sold
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