I am ready to place an order for a new car -- but...

[PhoKingGuy]

I'm fairly certain you paid off your lease through Subaru financing...

QFT, my VW guy has this story of a guy wanting to trade in an Escalade he was upside down on for a new Jetta TDI. Didnt even negotiate the markup down so he ended up financing the Jetta at something stupid like 14% while paying 3k markup on a base model Jetta.

Sad

 

[PricklyPete]

QFT, my VW guy has this story of a guy wanting to trade in an Escalade he was upside down on for a new Jetta TDI. Didnt even negotiate the markup down so he ended up financing the Jetta at something stupid like 14% while paying 3k markup on a base model Jetta.

Sad

For the love of god... wow...just wow.

When we were shopping for our last car and the GTI was pretty high on the list...I was talking numbers with one salesman and he was doing the "what number do we have to give you to take it home tonight" dealio. I asked him to show me what they can do...he starts out with a 3K markup on the car. I explain to him that is nowhere near getting me out the door...I said he was going to have to go below MSRP for me to even be slightly interested. He came back with a number above MSRP and I left.

 

[MikeMike]

Are you doing the European Delivery on the 135? because
A: it saves you even more money
B: you get to pick your car up from the factory and then tour Europe for a week.

Also, its not like you order it, and its ready... there will be atleast a month or two wait, and then you get to go to europe, so your lease will still be in use for a month or two...

Maybe someone is looking to take over your lease for the last 7 months, drop the monthly payment $100 for the next guy, saving you 2700 and giving somoene a cover car for 9 months...

 

[amdhunter]

If I were you I'd buy a house, unless you have already done that.

I don't ever see myself in a relationship (I am like an anti-woman magnet) so buying a house seems pretty stupid to me. A single person cannot afford a house.

 

[amdhunter]

that makes no sense. Why would delaying a purchase by 9 months suddenly turn into 18 months? If you have the money now, why wouldn't you have the money in the future?

I don't want to make a purchase if Winter is coming up. I want to enjoy the car this Spring/Summer/Fall.

 

[amdhunter]

Are you doing the European Delivery on the 135? because
A: it saves you even more money
B: you get to pick your car up from the factory and then tour Europe for a week.

Also, its not like you order it, and its ready... there will be atleast a month or two wait, and then you get to go to europe, so your lease will still be in use for a month or two...

Maybe someone is looking to take over your lease for the last 7 months, drop the monthly payment $100 for the next guy, saving you 2700 and giving somoene a cover car for 9 months...

I can deal without a car for a few months. I live literally 3 subway stops from where I work. I don't do anything on the weekends either.

Euro delivery would be nice if I had someone to go with...lol

 

[PhoKingGuy]

I can deal without a car for a few months. I live literally 3 subway stops from where I work. I don't do anything on the weekends either.

Euro delivery would be nice if I had someone to go with...lol

You don't have to, or take a brother/friend/dad. My friend picked up his 335i with his brother, its not a big deal.

 

[ayabe]

Just wait for Octoberfest, I'm sure you could round up some people to go with you.

 

[StageLeft]

what number do we have to give you to take it home tonight

Guy did that on me for a $15-20k car. I was not going to buy today. I said "give it to me for $10k and I will buy it today" knowing full well he wouldn't. His eyes said "fvck you" and he just turned and walked back to the dealer room. haha

Last time it was used I just said "I'm not sure". Act cagey and don't give them anything. They also love the "what payments do you want" rubbish and then also the last time I said I will pay X for 60 months and they tried stretching it out to 63. I love it when they then get this air about them like they know how to handle your finances better than you.

A single person cannot afford a house.

Sure they can, what do you think a family with only the father working is doing?

 

[dirtboy]

You should read your lease contract. I believe you can terminate a lease early so long as you make the remaining contractual payments.

Paying off a lease early won't hurt your credit.

Call VW credit or whomever the leasor is and tell them you'd like to turn the car in early. They will explain the policy, procedure and tell you what you will owe at turn in.

 

[amdhunter]

You should read your lease contract. I believe you can terminate a lease early so long as you make the remaining contractual payments.

Paying off a lease early won't hurt your credit.

Call VW credit or whomever the leasor is and tell them you'd like to turn the car in early. They will explain the policy, procedure and tell you what you will owe at turn in.

I have all the paperwork in the car, which is kinda stupid. It's just a single page I think, and some other rubbish. I'm looking for a number to call right now...

EDIT: LOL, I actually have less payments than I thought left. There's like 2 months I don't need to pay. I haven't bothered to look at my account for months (auto-pay), and calculated off of my head. NOW I REALLY want to get rid of it.

 

[soulcougher73]

I'm fairly certain you paid off your lease through Subaru financing...

Nope the payoff on the car was like $13k and they gave me $13k for it. It was a wash basically. Then i just worked out the details for the new Subaru i wanted.

 

[alkemyst]

Sure they can, what do you think a family with only the father working is doing?

either upper middle class or collecting welfare, dealing drugs and robbing houses.

 

[amdhunter]

Just called and this is the breakdown.

I have to pay off the rest of my payments, but will be responsible for the following on TOP of the car:

Wear and tear - I have to set up an appointment for this. I am aiming for Tuesday.
Or
Money lost during auction - I'll be responsible for anything they don't make at auction.

I'll pay whatever is less + $350 turn in fee.

I'm contacting the Inspection company now for an appointment. I believe my car is flawless, but I bet they will find something wrong with it...

 

[Mermaidman]

Guys, I am feeling that I am getting older and I currently have no gf/social life whatsoever. I literally have nothing else to spend my money on. I don't want to find myself a few years from now, with lots of money and being too old to spend it.

The only thing I have that I enjoy immensely is driving around. I have the money to throw around right now, and I really want to place the order for a Spring delivery.

If I keep my car until the lease time is up, I won't be looking at another car until Spring 2011.

Keep your Jetta until the lease expires, and then splurge on a super nice car next spring. Nicer than the 135i. (Because you would have not wasted money on an early lease termination, and you have lots of money lying around.)

/0's idea of buying real estate while it's cheap is good. Think of it as an investment rather than 'settling down.'

 

[PhoKingGuy]

Just called and this is the breakdown.

I have to pay off the rest of my payments, but will be responsible for the following on TOP of the car:

Wear and tear - I have to set up an appointment for this. I am aiming for Tuesday.
Or
Money lost during auction - I'll be responsible for anything they don't make at auction.

I'll pay whatever is less + $350 turn in fee.

I'm contacting the Inspection company now for an appointment. I believe my car is flawless, but I bet they will find something wrong with it...

You would be surprised, my GTI is near flawless but it still has a few rock chips and a cracked foglight lens. The appraiser marked me down as perfect condition and only dinged me for one of my wheels that I curbed (oops). It just depends on what mood the guy is in at the time.

 

[lastig21]

Why wouldn't you just keep the Jetta for the remainder of your lease? Get the BMW too. You have to pay your remaining months anyway, keep the Jetta as a "just in case" vehicle. You should be under miles by letting it sit, and wouldn't have to worry about any "auction shortage". I'm not certain you are responsible for that anyway. Its still their car, you're just leasing. VW selling for a loss at auction isn't your issue.

 

[Imported]

You have to pay for what they don't make at auction? What if they make more? Do they pay you?

I've never leased a car before so I don't specifics, but that just seems weird to me.

 

[amdhunter]

Why wouldn't you just keep the Jetta for the remainder of your lease? Get the BMW too. You have to pay your remaining months anyway, keep the Jetta as a "just in case" vehicle. You should be under miles by letting it sit, and wouldn't have to worry about any "auction shortage". I'm not certain you are responsible for that anyway. Its still their car, you're just leasing. VW selling for a loss at auction isn't your issue.

Parking.

 

[amdhunter]

You would be surprised, my GTI is near flawless but it still has a few rock chips and a cracked foglight lens. The appraiser marked me down as perfect condition and only dinged me for one of my wheels that I curbed (oops). It just depends on what mood the guy is in at the time.

So far my car looks flawless. No broken anything, no dings, interior still looks brand new, back seats have never been sat on, trunk is just messy, spare is unused -- 4 brand new tires with less than 30 miles on them...under mileage by 22000 miles...etc.

I will be amazed if he finds anything.

 

[amdhunter]

You have to pay for what they don't make at auction? What if they make more? Do they pay you?

I've never leased a car before so I don't specifics, but that just seems weird to me.

I asked that. They said that if they made money on the car, it doesn't matter. There is no refund at all.

 

[PlasmaBomb]

Sure they can, what do you think a family with only the father working is doing?

Claiming benefits?

Oh sorry... was that rhetorical?

That said, I agree with you, a single person can afford a house.

 

[alkemyst]

Are you doing the European Delivery on the 135? because
A: it saves you even more money
B: you get to pick your car up from the factory and then tour Europe for a week.

Also, its not like you order it, and its ready... there will be atleast a month or two wait, and then you get to go to europe, so your lease will still be in use for a month or two...

Maybe someone is looking to take over your lease for the last 7 months, drop the monthly payment $100 for the next guy, saving you 2700 and giving somoene a cover car for 9 months...

Explain how saving $2090 on a 135 is going to save him money by traveling to Europe and shipping the car home?

It works on higher end cars as it's usually about 7-10%, but for cars $40k and under it's only a savings if you were going to Europe anyway.

 

[Bignate603]

I don't ever see myself in a relationship (I am like an anti-woman magnet) so buying a house seems pretty stupid to me. A single person cannot afford a house.

If I was single it would be even easier to afford my house.

 

[ichy]

A single person cannot afford a house.

Uh, that is completely untrue.