- #41 of 201
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Re: help? clerical error/now repurchasing our VW Touareg [Car_man]
by cursichella
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Jun 04, 2006 (1:59 pm)
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Replying to: Car_man (Jun 04, 2006 6:51 am)
Thanks so much for your reply. Wells Fargo is cancelling the lease contract and financing and told the dealer to start over. So basically, the dealer has the car back once our new financing pays it off. Since we're back to square one, we decided to by it instead of leasing it again. Financing is being done by another bank.
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- #42 of 201
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Re: help? clerical error/now repurchasing our VW Touareg [cursichella]
by Car_man HOST
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Jun 05, 2006 (2:11 am)
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Replying to: cursichella (Jun 04, 2006 1:59 pm)
You're welcome, cursichella. Since your original contract is completely void, you aren't obligated to keep your Touareg if you are not comfortable with its new selling price. Make sure not to over pay for it.
Car_man
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- #43 of 201
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Re: help? clerical error/now repurchasing our VW Touareg [Car_man]
by cursichella
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Jun 05, 2006 (6:27 am)
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Replying to: Car_man (Jun 05, 2006 2:11 am)
Does it make sense to you that if we were to pay off the car in cash, all we'd have to pay would be whatever the bank payoff is; but, since we're financing it, we need to buy new gap insurance, sales tax and extended warranties and treat it as if it's a new car? And if we do that, should we expect to be refunded whatever years remain unused of the warranty(ies) and gap insurance?
Thanks! (Sorry for the 20 questions but I'm getting more and more confused.)
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- #44 of 201
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good deal?
by digitalsanto
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Jun 14, 2006 (9:52 am)
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'06 Touareg V6
MSRP $41,918- (package 2 + roof rack, cd changer, tire monitor)
36 months, 15k miles
0 down- (sign and drive with no fees, no charges)
$548 + tax/month
thanks
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- #45 of 201
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Re: help? clerical error/now repurchasing our VW Touareg [cursichella]
by Car_man HOST
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Jun 27, 2006 (2:03 am)
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Replying to: cursichella (Jun 05, 2006 6:27 am)
Hi cursichella. Under normal circumstances, if you paid cash for your truck, all you would have to pay is its price. If you finance it, you may want to include gap insurance to prevent you from being upside down on your vehicle if something bad happens, but I don't believe that you are required to get gap. Some banks automatically include it on leases. You aren't entitled to a gap insurance refund for your previous deal unless you paid extra for it. The same goes for the warranty. You won't be entitled to a refund unless you purchased an extended warranty. Even if you paid extra for both of these items, refund policies vary from company to company so I don't know exactly how much you would be able to get back.
Car_man
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- #46 of 201
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Re: good deal? [digitalsanto]
by Car_man HOST
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Jun 27, 2006 (2:04 am)
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Replying to: digitalsanto (Jun 14, 2006 9:52 am)
Hello digitalsanto. You never mentioned the selling price of the Touareg that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what the selling price is.
Car_man
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- #47 of 201
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Good Deal on 06 V6 Touraeg
by mlroberts55
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Jun 28, 2006 (4:54 pm)
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I got a lease quote from the dealer with the folling information.
Price 41265
Term 36 mths
Residual .49
acq fee 575
MF .00121
15,000 miles per yr
$694.00 per month
is this a good deal? if not, what would be? also, there is a 1,000 manufacturer to dealer incentive. i know this can be subtracted from the invoice but what should i negotiate for the price of the car? the invoice for the car is 38,707.
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- #49 of 201
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last day of the month offer on touareg V8
by dutchtouareg
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Jun 30, 2006 (3:47 pm)
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dealer told me the offer will expire today 8PM ct. apparently they have a tax savings special and they want to get rid of 06 models.
this is the offer on an 06 , sticker USD 47,415 minus USD 6000 off.
36 months, 15k mls/yr, 0 down, residual .49% and money factor .001 uSD 634/mo.
is this a good deal?
I prefer not to make a rush decission moreso because my wife's other lease does not expire until Oct this year.
we really like the V8 though and wonder if we decide to wait until Oct we will still be able to get such a deal (or better).
can ou help me with some advise?
thanks in advance.
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- #50 of 201
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Re: Good Deal on 06 V6 Touraeg [mlroberts55]
by Car_man HOST
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Jul 06, 2006 (2:16 am)
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Replying to: mlroberts55 (Jun 28, 2006 4:54 pm)
Hi mlroberts55. Volkswagen is providing dealer cash on the 2006 Touareg, however this dealer cash is not compatible with VW Credit's special lease program. So you can't use it to negotiate a lower capitalized cost for your lease. The money factor that you were quoted looks a little high to me. If you were to lease a 2006 Volkswagen Touareg V6 through VW Credit right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00059 and 48%, respectively. If you provide me with this truck's full MSRP, I'd be happy to use this program to estimate what your truck's monthly payment should be. Right now I can tell you that the $2,500 over dealer invoice that you are paying is a little high. You may want to stop by the following discussion to see how much other community members have paid for similar trucks: "Volkswagen Touareg: Prices Paid & Buying Experience".
Car_man
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