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Prices Paid: Buying & Leasing Experiences Volkswagen Touareg Lease Questions
201 messages, Last post on Oct 28, 2009 at 7:00 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| I have had a perfect experience with my Touareg. Although it has poor gas mileage (because of its weight). However, its weight gives it better handling and also protection from... say a deer on I-95 at 85mph. (happened a month ago) | |
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I am considering leasing a 2007 Touareg V6. Because I like the standard features, the base model is fine with me. Unfortunately, I've never leased a car before and don't want to make a bad deal. The dealership has a "deal" of $399/mo for this car. My trade-in will knock $6,800 off the price. I'm looking for a high-mileage (20k mi/yr) 3-year lease and was tentatively quoted $475/mo, net of my trade-in. Is this a good deal? What should I "beware" of? Thanks...
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Replying to: vwdallas (Mar 23, 2007 2:11 pm) You never mentioned the selling price or MSRP of the Touareg that you are interested in leasing. These are important numbers 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 this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle 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 these numbers are. I see that you are considering trading in your current vehicle when you lease your new one. There's nothing wrong with doing this, but it would be in your best interest to have the dealer that you are working with cut you a check for your trade rather than using the proceeds from it as a down payment for your lease. I always advise consumers against making large down payments when leasing. Those who make them risk losing their money if their car or truck is stolen and never recovered. Car_man Host Prices Paid Forum |
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Hi, can you please tell me what the money factor and resid. % are on a 2008 Touareg 2 Base Model. The MSRP is $40,000 and the invoice is $37,224 (I am not sure what my price would be) and I would like $18,000 miles/yr. Length of contract does not matter between 36 and 48 months. Also, no money out of pocket. Thanks
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Replying to: goodrics (Aug 03, 2007 7:38 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I have a loaded '05 Touareg v6 w/ just under 19,000 miles, and 10 months left on my lease. Payments are $450, and there is a $21,000 buyout at the end of the lease. KBB trade-in is about $27,000. I know what the obvious option is, but I do not want to fold current lease into a new one. I was thinking that, because of the low mileage, that I might be able to strike a favorable deal with the dealership. Do I have any chance in making this happen, without having to put down $$. Thanks!! |
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Carman/Kyfdx, What's the current residual and money factor for an '08 Touareg V6 for 10K, 12K, and 15K miles? Also, what is the acquisition fee if any and the overmileage allowance? Thanks! Jabber
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Replying to: jabber (Oct 17, 2007 11:32 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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I am currently leasing my 2006 Touareg. I know that I am going to be over the mileage and am considering buying as I love this vehicle. Lease ends 02/2009. The MSRP was $38,080.00 My adjusted capitalized cost was $32731.00 Purchase Option/ Residual Value is $20,886. What do you think. Is this purchase price worth it?
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Replying to: alakate (Nov 02, 2007 9:04 am) Are you asking if it will be worth $20,886 in February of 2009? With a lot of miles? Probably not.. regards, kyfdx
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