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Lease Transfer 2016 Golf R DAP + DSG + DCC + NAV

blahblah

New member
Location
Mexico City

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VirtuousWolf

Ready to race!
Location
McAllen, Texas
The residual value is what you have to pay at the end of the lease of you want to keep the car. The buy out is the total price residual plus lease payments. Based on your payments in guessing you owe like 38k on it.

Good luck with sale!
 

snobrdrdan

former GTI owner
Since it's thru VW Credit....just a heads up that you can't FULLY transfer the lease over.

The new "owner" is just added to your account and you're still liable for it until the lease is up or the car is sold/bought outright

Under the FAQ on your online account, under General:

Can I transfer my lease to another party?

Yes, although Volkswagen Credit is not able to relinquish liability for those individuals currently on the account. In other words, we are able to add an additional party to your account to assume liability, but you, along with any other person who signed the original financial contract, would continue to remain responsible for the account.
This process is called Lease Assumption, and it typically takes 4 to 6 weeks to complete.
To begin this process, the person you wish to add to your account must fill out a credit application and submit a $100 non-refundable fee. Upon credit approval, we will send you the initial paperwork to begin the process to add this person to your account.
If you'd like assistance, please contact Volkswagen Credit at 800-428-4034, Monday - Friday, 8 a.m. to 10 p.m. Eastern.



So....
To FULLY get out of it, you'd have to log into your account & click "payoff quote" and that's the amount you need to sell it for to break even
 
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