My Take: I am very surprised to see how crummy the residual values are for the VW CC. I know production has probably ended on the 2009 models, but still, we’re talking 40s on a 36-month lease! Sure, the money factor does help, but I’m not sure if it really helps much. A quick crunching of numbers gives the CC Luxury (using TMV price as the sale price) a 1.34 rating on my lease calculator. That puts it in the “AVERAGE” range. Basically, you gotta knock off about $5000 of the MSRP this month in order to get this into the GOOD DEAL range. I don’t think that’s likely to happen. The Sport is even worse, getting a 1.41 using TMV as sale price (TMV is actually lower than invoice). Anyway, I’m not going to recommend the CC this month as a lease. Way too much for way too little.
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2009 Volkswagen CC
2009 Volkswagen CC Sport
24-month | 15k miles | residual 54% | .00152 base money factor
36-month | 15k miles | residual 47% | .00152 base money factor
48-month | 15k miles | residual 40% | .00235 base money factor
60-month | 15k miles | residual 33% | .00144 base money factor
2009 Volkswagen CC Luxury
24-month | 15k miles | residual 51% | .00030 base money factor
36-month | 15k miles | residual 44% | .00030 base money factor
48-month | 15k miles | residual 37% | .00134 base money factor
60-month | 15k miles | residual 30% | .00144 base money factor
2009 Volkswagen CC VR6 Sport
24-month | 15k miles | residual 46% | .00030 base money factor
36-month | 15k miles | residual 39% | .00030 base money factor
48-month | 15k miles | residual 32% | .00165 base money factor
60-month | 15k miles | residual 25% | .00144 base money factor
2009 Volkswagen CC VR6 4Motion
24-month | 15k miles | residual 48% | .00030 base money factor
36-month | 15k miles | residual 41% | .00030 base money factor
48-month | 15k miles | residual 34% | .00165 base money factor
60-month | 15k miles | residual 27% | .00144 base money factor
Hey G.
1. Can we get the Oct. lease rates for the CC please?
2. What do you think of the national lease they have on the CC?
Thanks
J.
@John.
1) No rates on the CCs yet. I’ll post it if I find it.
2) You mean this deal? $279.00*/Month. 39-month lease. $3,299.00 due at signing. I think the inception is high. I’m thinking about $1500-$2000 is being paid up front as cap reduction, but don’t be fooled, I suspect the payments will be closer to $400 after adding a few options and taxes.