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Prices Paid: Buying & Leasing Experiences Volkswagen Touareg Lease Questions
179 messages, Last post on Aug 15, 2008 at 2:46 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Car_man (Sep 11, 2005 6:50 am) Could you please give me some insight on VW's for 2006. I have heard that there are some incentives on the V8 in the US. Here is what I have been able to get from the dealer: V8 Touareg MSRP list at $56,175 (including destination) and the invoice is $51,140 (including advertising, int. reserve and a $25 port charge). The dealer finally came back to me and said that they would do $1200 over invoice. I don't think there are any incentives behind that number. Can you give me some advice on Leasing this? Expected residuals, pricing, etc.? |
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| What are the chances of finding a Touareg 3 year lease for $350/month or less all inclusive with no money down? 2005 or 2006 ok. Am I being unreasonable? | |
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Hi tdo123. Volkswagen is not currently providing any sort of cash incentives on the 2006 Touareg. It is providing lease support on it though. $1,200 over invoice is a reasonable price for this truck, but I would not be surprised if you were able to beat it. You may want to stop by the following discussion to see if any other community members have purchased similar trucks lately: "Volkswagen Touareg: Prices Paid & Buying Experience". I would be more than happy to give you an idea of what this truck's current lease program is like and even calculate a sample lease payment on it for you if you let me know how long you want to lease it for and how many miles per year you need to be able to drive it. Car_man Host Smart Shopper / Prices Paid Forums |
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Hello liz9. We can calculate how much the Touareg that you are interested in will cost to lease if you provide me with the full MSRP (including destination charge) and an approximate selling price for the exact truck that you want. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Sep 13, 2005 4:32 am) As for leasing, you can use a diffenent bank other than VCI credit and still use the dealer cash. Lots of dealers use companies like US Bank and other top credit leasing companies. But an 05 model is already a year old, so it may not lease out as well as a 2006 model, even though the 06 has a higher cap cost and selling price. |
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Hi Carman Currently I am leasing a 2004 VW Touareg. I have 18 more lease payments to go with 15000 miles per year. Odometer current read is 27230. Residual on the Treg is 20200 and the pay off is 34100. Monthly payments are 591.00. Unfortunately, my job has changed and my use of mileage on the remainder of the 18 months is a concern. Do I have to make up the remainder of the lease payments to get out of this lease? What type of early lease termination fees will VW charge me? Will I get a "break" from the VW dealer if I return and purchase another VW...at the same dealer that I originally purchased from? Not sure If I gave you enough information to help me out. Not sure if you can even help me..... Really concerned here...and will most certainly never lease again! I appreciate the help! JG 
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Replying to: guthrie (Oct 13, 2005 5:25 pm) |
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Can anyone give me any current news? Thx Guys! Rich Sept05: 36mo's 2005 Touareg V6 AWD w/leather/roof/metallic/heated seats/trip computer $504.99/monthly Including CT Sales Tax 12,000 miles/yr Total Driveaway Upfront 1169.00 Leather Package 3. Extra Keyless Remote Fob at No Charge Full gas tank First Maintainance & Oil Free Full Gap insurance included VW Credit Corp. Lease Metallic exterior vehicle |
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36 mos along with first payment due at signing. 0 down $563.97 with first payment only due at signing for your 12k a year. Toureg V8 2005 with the Nav system Any comments out there to share? The Lexus offers better svc, but this seems pretty heavy duty by comparision
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Hi guthrie. I am sorry to say that it is usually fairly expensive to get out of leases well before their scheduled end dates. In order to do so, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive. You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". One of our most knowledgeable community members, Terry, frequents that discussion and he is often kind enough to give community members who give him an accurate description of their vehicles with his opinion on their value. Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle. You will be able to avoid paying an excess mileage penalty by purchasing your leased vehicle and trading it in or selling it on your own, but it is difficult to say whether the amount of money that getting out of your lease early will cost you will exceed your mileage penalty. Unfortunately, this transaction is completely between you and VW Credit and dealers do not have the ability to give you any sort of "break." Car_man Host Smart Shopper / Prices Paid Forums |
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