You can lease a Jetta for $69 a month in Boston
The super cheap deal runs over a three-year term.
In an effort to retain repeat customers, Volkswagen is offering leasing deals as cheap as many Americans’ mobile phone plans.
Near Boston, 2015 Jettas can be leased for just $69 per month over a three-year term after a down payment of $2,999. The car costs roughly $14,499 to buy.
According to Bloomberg Business, there’s shrewd reasoning behind the bargain contracts: “VW’s reliance on leasing is designed to lock in repeat customers for 2017, when the German automaker can show them an improved product line.’’
VW, which currently lacks a mid-size SUV and has battled falling sales for two years, is trying to revamp their models and double their U.S. sales to 800,000 vehicles by 2018, Bloomberg reports. The automaker plans to produce a mid-size SUV in 2016 to diversify its product line.
With low gas prices, many Americans have taken the opportunity to invest in larger vehicles instead of the small, fuel-efficient models VW is known for. VW brand sales were down 4.8 percent in April, according to Reuters. (However May saw an 8 percent improvement in sales from May 2014, the automaker reports.)
If you want to purchase a car without breaking the bank, here are some new cars that can be financed for less than $300 a month:
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If you’ve been mulling over leasing a car, now might be a good time to lock down a three or four-year contract.
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