VW is introducing 0% financing on all 08 VW models until Halloween. As for 09 models, you can get 3.9% financing on those. Pre-owned vehicles also have fairly low interest rates if you plan to purchange one. As always, when there are low-interest financing loans to be had, I will always recommend those over leases because nothing beats free money.
Rabbit
August 2008 Lease Rate for 08 VW GTI/Rabbit
My Take: 0% financing for up to 60 months on the GTI is STILL available (expires 9/2/08). Pretty much makes leasing less of a “deal”. However, if you wanted to, the MF are low enough to make payments acceptable. Lets take a look at a well equipped GTI. Also, for those on a budget, you can get it’s “fluffier” sibling, the VW Rabbit.
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- GTI + Autobahn + 18″ ‘Hufeisen’ Alloy Wheels
- MSRP $28,435
- Invoice $26,564
- Standard inception fees + tax not included
- Residuals posted are for 15K miles/year.
2008 Volkswagen GTI 2dr Hatchback
24 Month – Residual 60% of MSRP – .00066 Base Rate
36 Month – Residual 51% of MSRP – .00066 Base Rate
48 Month – Residual 43% of MSRP – .00119 Base Rate
24mo Payment: $425 at invoice, $504 at MSRP
36mo Payment: $362 at invoice, $415 at MSRP
48mo Payment: $345 at invoice, $386 at MSRP
What I’ve noticed about Audi/VW is that they lease “cheaper” at 36 and 48 months. The Payments are very reasonable here for the 36mo term. At 12k miles per year, you can enjoy savings of about $15 per month, on a 36mo lease. The question now is, for around the same payments, would you rather drive a GTI or a Cooper S?
2008 Volkswagen Rabbit 2dr Hatchback
24 Month – Residual 64% of MSRP – .00138 Base Rate
36 Month – Residual 55% of MSRP – .00138 Base Rate
48 Month – Residual 48% of MSRP – .00177 Base Rate
Rates provided by Tarry Shebesta from Leasecompare.com