How much horsepower does the Volkswagen Golf R have?
Under the Golf R's hood is a turbocharged 2.0-liter inline-four-cylinder that makes 315 horsepower and 310 lb-ft of torque—up from 288 hp and 280 lb-ft in the last generation R.
How much does golf contribute to the US economy?
The game is big business, directly driving $84.1 billion in economic activity across the U.S. in 2016, according to a study commissioned by the World Golf Foundation. The findings reflect a 22% increase from $68.8 billion in 2011, the last time the U.S. Golf Economy Report was released.
When does the Volkswagen Golf R go on sale?
The Golf R is expected to go on sale at the end of this year. Since the Golf R is only offered as one fully loaded model, the only decision to make when buying one is whether you want to trade the standard six-speed manual for the optional seven-speed dual-clutch automatic. Choosing the latter increases its base price by just $800.
How much does A R rated golf cost?
Golf R: $41,290. We can't hide our affection for the Golf R's more affordable sibling, the near-perfect GTI. But for buyers who want the ultimate Golf, the R-rated version—with standard all-wheel drive and a bunch more horses under the hood—is it.
What should my money factor be?
A decent money factor for a lessee with great credit is typically around 3% to 5%. If you have fantastic credit and you're offered a lease with a money factor higher than . 0025 (or 6% APR) then it may be worth your time to shop around.
Can you negotiate money factor?
Rent charge or money factor Some dealers may say the rent charge — also known as the money factor — isn't negotiable. Other dealers may mark up the rent charge to improve profit. The key is making sure this number is reasonable based on current interest rates and what other dealers are offering.
What is money factor for a car?
The Money Factor is basically the interest rate you are leasing the car for. money factor is calculated by taking the actual bank interest rate of the loan and dividing it by 2400, resulting in a decimal based number. For example a car lease with an 7% loan has a money factor of .
How do you convert money factor?
Low Money Factor But like their APR cousins, the lower the number, the lower interest you pay. To convert interest rates to money factors, divide the interest rate by 2,400. To convert money factors to interest rates, multiply by 2,400. So 0.00125 multiplied by 2,400 would equal an interest rate of 3 percent.
Do dealers mark up money factor?
A dealer can easily mark up a money factor by a small amount and while it may seem low, when you calculate it into a percent, the dealer could be making upwards of 3% interest on your financing. This can add up to a profit of more than $1,500 for the dealer.
Does credit score affect money factor?
Important. The money factor is directly determined by a customer's credit score. The higher the credit score, the lower the money factor on a lease, and vice versa.
How does money factor affect lease payment?
The money factor is the financing cost of a monthly lease payment. The money factor is essentially the portion of the monthly payments on a lease that is allocated to the financing cost of the lease. It is similar to the interest paid on a mortgage.
Why you shouldn't put money down on a lease?
1. Getting a lower monthly payment: Making a sizable down payment will certainly reduce your monthly lease payments, but it probably won't save you a ton of money compared to the overall cost of ownership while you lease. That's because a low money factor means negligible interest charges.
What percentage of MSRP should I pay for a lease?
You just take the MSRP of the car and multiply it by one percent to get the optimal monthly payment that you should be paying for the car. For example, if you're looking to lease a $35,000 car, then you would multiply that number by 0.01 and get 350.
How do you negotiate a lease buyout?
You'll want to negotiate directly with the financer to see if they'll accept a lower total cost for the vehicle. Make an offer – After doing your research, and once you've set your finances in order, you're ready to go to the dealer with a lease buyout offer.
What is the lease payment on a 50000 car?
You want the $50,000 car and have negotiated the price down to $45,000. It will be worth $30,000 at the end of the lease, so your lease cost, before interest, taxes, and fees, will be $15,000 divided into equal monthly payments. If you put $2,000 down, the amount you make payments on drops to $13,000.
Can you negotiate the residual value at the end of a lease?
In most cases, you can't negotiate the buyout price at the end of your car lease. At the beginning of your car lease, the leasing company estimates the car's residual value, or what the car will be worth at the lease's end.
How do you politely ask for a lower price?
If there is any flexibility in the price, very often, the other person will drop the price immediately, or raise their offer immediately. If they lower their price in response to, “Is that the best you can do,” you then say, “Is that the very best you can do?” Ask, “Couldn't you do any better than that?”
What should you not say to a car salesman?
10 Things You Should Never Say to a Car Salesman“I really love this car” ... “I don't know that much about cars” ... “My trade-in is outside” ... “I don't want to get taken to the cleaners” ... “My credit isn't that good” ... “I'm paying cash” ... “I need to buy a car today” ... “I need a monthly payment under $350”More items...•
How do you talk someone down on price?
As you're in the process of bargaining with a salesperson, these are some strategies and tricks you can use to lower the price.Ask for a Deal on Multiple Items. ... Point Out Defects. ... Show Disinterest. ... Be Assertive. ... Be Willing to Walk Away. ... Show Hesitation. ... Be Comfortable With Silence. ... Make Them Set the Price.
Is the residual value negotiable?
Residual values, which are sometimes called lease-end values or the lease-end purchase price, are set by the company that is financing the lease, not the dealer. They are an expert guess as to what the car will be worth when the lease ends, and they are typically not negotiable.
PLAYER PROFILE
A Top 125 guy. A pro whose Tour card is a no-doubter; who nails down a win in the occasional year; and who can be counted on each season to make it to—and sometimes through—the Dell Technologies event in the FedEx Cup playoffs. His approximate 2017-18 season prize-money earnings was $2,000,000. But the dough doesn’t stop rolling there.
CASH IN, CASH OUT
No Tour pro gets it done by himself—to wit, Jordan Spieth’s proverbial “we.” All kinds of “team” members line up to say oui when it’s time for their share of a player’s earnings. Here’s where the cheddar goes.
What is the 2022 Golf R?
The 2022 Volkswagen Golf R looks ready to overthrow the hottest hatchbacks that have been hogging headlines during its absence from our shores. Spawned from the improvements made to the upcoming Mk8 Golf GTI, the R-rated model has a more powerful 315-hp turbo-four and an all-wheel-drive system with a drift mode.
How much horsepower does a Golf R have?
Engine, Transmission, and Performance. Under the Golf R's hood is a turbocharged 2.0-liter inline-four-cylinder that makes 315 horsepower and 310 lb-ft of torque—up from 288 hp and 280 lb-ft in the last generation R. The engine pairs with either a six-speed manual or a seven-speed dual-clutch automatic transmission.
When will Volkswagen release the Golf R?
This suggests its starting price will be a couple of thousand dollars higher than before when it hits U.S. dealership in late 2021.
Does the Golf R have plaid seats?
Unlike the GTI, the Golf R isn't available with plaid seat inserts, but it does boast bolstered front seats wrapped in nappa leather. These exclusive buckets have blue and carbon-look accents in the side sections as well as a blue "R" logo in the backrest.
How much revenue did golf generate in 2011?
Operational revenue was up almost 12% from $29.8 billion in 2011, a noteworthy turnaround after the financial crisis that ended in 2010. Tourism was the industry's second-biggest contributor, as golf drove about $25.8 billion in revenue. That too is up, from $20.6 billion in 2011. New golf home construction, which closely tracks national trends, ...
What is WGF and WE ARE GOLF?
The WGF and WE ARE GOLF, a coalition of the game's leading associations and industry partners, released the new economic report ahead of National Golf Day in Washington D.C. Golf's leaders are gathering in the nation's capitol to meet on Wednesday with members of Congress, the Executive Branch and federal agencies to discuss ...
How much did golf home construction cost in 2016?
On-course and off-course sales of golf equipment, apparel and media were $6 billion in 2016, with the strongest sales growth in the equipment category.
