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Volkswagen Touareg Lease Questions

185 messages,  Last post on Oct 23, 2008 at 3:42 PM

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What is this discussion about? Volkswagen Touareg, Car Leasing, SUV

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#171 of 185 2008 Touareg Lease Take Over by konstantinos Jun 29, 2008 (11:16 am)
I am considering taking over a lease on a 2008 Touareg2 with V6 & Lux Plus Package, 3200 mi. MSRP $46,300, net cap cost around $40,000. 32 mos. left on 36 mo. lease, $527/ mo. including tax. 2 things holding me back: no Nav., and only 10,000 mi./ yr allowed, 0.25/ mi. for excess (which seems high). Seller offering $500 incentive.   Also looking at V8 version, 4000 mi. for $570/ mo., 12,000 mi. allowed, but worse gas mileage. Seller offering 2 months payments free.   Any suggestions on which one is a better deal? Thanks.
#172 of 185 July Numbers? by brendanm14 Jul 03, 2008 (10:20 am)
This is what I just received from my dealer for a T2 V6.   36 month residual 49% ($19600) money factor 0.00004
#173 of 185 My Toureg by champsaur Jul 03, 2008 (7:40 pm)
just today i got:   MF: 0.00004 RV: 49% 36 Months 12K miles $0 Down (except 1st month) $469.99+tax per month   This was on a T2 with the Lux Package. I also got the OEM iPod adapter installed for $299 (paid out of pocket in top of the lease) Replies to this message: brendanm14 (Jul 07, 2008 10:52 am)
#174 of 185 Re: My Toureg [champsaur] by brendanm14 Jul 07, 2008 (10:52 am)
Replying to: champsaur (Jul 03, 2008 7:40 pm) the dealer gave me the same MF and residual but was WAY OFF with that monthly payment....what was the cap cost of the T2?
#175 of 185 Re: Early termination [peungy] by Car_man HOST Jul 16, 2008 (2:02 am)
Replying to: peungy (Jun 24, 2008 2:57 am) Hi peungy. Unfortunately, you can't just return your leased car well before its scheduled end date without having to pay a penalty. You can either purchase your vehicle from VW Credit and try to sell it on your own, which will likely cause you to experience a substantial loss given the recent drop in the value of used SUVs, or you can continue to pay your lease payments. Either way it is going to cost you money to get out of your lease at this point.   A third option would be to try to find someone who is willing to assume your lease. I'm not sure if VW Credit allows lease assumptions, but many banks do. The trick is finding someone who is willing to assume your lease. Web sites like swapalease facilitate transactions like this, but you will likely have to pay money out of your pocket to entice someone to take over your lease.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: jegusa1 (Aug 13, 2008 4:11 pm) Car_man (Aug 15, 2008 1:46 am)
#176 of 185 by zkaudio Jul 31, 2008 (2:13 pm)
anyone else leasing toureg's lately? Any major changes from 2008? Is the toureg 2 the 2009 model?   Lease rates still as good as they were in teh above post?
#177 of 185 Don't Buy That Touareg Just Yet! by tayl0rd Aug 12, 2008 (7:45 am)
You should seriously go look at the Kia Borrego. The interior is almost a clone of the Touareg on the inside, except for the seat design and 3rd row.
#178 of 185 Re: Early termination [Car_man] by jegusa1 Aug 13, 2008 (4:11 pm)
Replying to: Car_man (Jul 16, 2008 2:02 am) Hi Car_man,   In this buyer's car market, especially with Toureg's not-so-great gas mileage, do auto mfr's really want cars returned after the lease is up? Wouldn't they be incentivized to make a deal now, break the lease if someone wants to buy the car? I heard Ford and GM are getting out of the leasing game now.   Seems like this is a climate where deals can be made so car mfr's aren't left with older inventory on their hands...   What I'm getting at, I would also like to break the lease with the ex. toureg and just offer to buy it from them, but don't want to get stuck with penalties. Is VW not going to make any deals at this point? Replies to this message: Car_man (Aug 15, 2008 1:46 am)
#179 of 185 Re: Early termination [jegusa1] by Car_man HOST Aug 15, 2008 (1:46 am)
Replying to: jegusa1 (Aug 13, 2008 4:11 pm) Hi jegusa1. Generally speaking, lessees have the most bargaining power when they are close to the scheduled end of their deals. If you were a month or two away from the scheduled end of your deal I would not be surprised at all if VW was willing to negotiate your purchase price, but banks really don't have much of an incentive to let consumers out of their leases early. You can always give Volkswagen Credit a call to see if they would be willing to work with you at this point, but I suspect that even if they are willing to let you out of your deal early without having to pay a penalty they will not be willing to do much for you on your truck's selling price. You never know though, I could be wrong. You certainly don't have anything to lose by asking. Give it a shot and if you don't mind stop back and let us know what they say.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#180 of 185 08 Touareg money factor, residual - September by stratburst Sep 08, 2008 (12:30 pm)
Hi Car_man, I am curious if you or anyone else on this thread knows what lease terms VW Credit is offering September for an 08 Touareg 36 and 48 month term?   Thanks in advance! Replies to this message: Car_man (Sep 18, 2008 3:08 am)

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