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Volkswagen Touareg: Lease Questions

201 messages,  Last post on Oct 28, 2009 at 7:00 AM

You are in the Volkswagen Touareg Forum. Your Hosts are steve_ & tidester

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


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#152 of 201
Re: 2008 Touareg Lease [alakate] by Car_man HOST
Mar 18, 2008 (1:56 am)
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Replying to: alakate (Feb 27, 2008 7:16 pm)

Hi alakate. The $2,000 owner loyalty cash incentive that Volkswagen is providing on the 2008 Touareg is available through the end of the money. I personally would not be surprised if it was extended past that. Normally it is pretty expensive to get out of a lease a year before its scheduled end. Unless Volkswagen is running some sort of official early lease termination offer that I am not aware of you may be better off waiting until the scheduled end of your current lease to get something new. You can tell if the dealer that you are working with is burying part of the cost of getting you out of your lease in your new one by looking at its selling price. This is a very important number for you as a lessee to know anyhow. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without knowing what this truck's selling price is, it is difficult to tell how much of a discount you are being given on it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#153 of 201
Re: March 2008 [tonyiamhe] by Car_man HOST
Mar 18, 2008 (2:20 am)
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Replying to: tonyiamhe (Mar 03, 2008 7:07 am)

Hi tonyiamhe. I have seen Volkswagen's March lease program for the Touareg. Its program varies by term, mileage allowance, and trim level. For now I will assume that you are interested in a 36 month lease of a 2008 Touareg V6 with 15,000 miles per year. Let me know if you want something different. VW Credit's current buy rate lease money factor and residual value for a 36 month lease of an '08 Touareg V6 with 15,000 miles per year are .00066 and 50%, respectively. When negotiating your lease on this truck, make sure to take the $1,000 cash incentive that Volkswagen is providing on lease of it and the $2,000 loyalty cash into account.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#154 of 201
April 15k Touareg money factor/residual by drmst
Apr 07, 2008 (10:01 am)
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Looking for information re: money factor and residuals for April 08 Touareg II 15k/year both 2 and 3 year lease. Either V6 or Turbodiesel.
 
Thanks.
#155 of 201
Is this a good lease deal? by max_anderson
Apr 22, 2008 (7:31 am)
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I got this quote from Jennings VW in Glenview, IL:
 
MSRP of a V6 Touareg 2 w/Lux and Tech packages = $46,240
 
Terms - 48 months 12K per year, $318 down (license, title, & doc fees)
 
Selling price - $41,668.74
taxes - $3,362.50
bank acquisition fee - $575
Total capitalized cost = $45,606.24
 
Residual - $20,350 (44%)
Money factor - .00118
 
Monthy Payment - $604.00 (includes taxes rolled in)
 
What do you think?
#156 of 201
Re: Is this a good lease deal? [max_anderson] by max_anderson
Apr 23, 2008 (12:09 pm)
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Replying to: max_anderson (Apr 22, 2008 7:31 am)

Any thoughts on the above? I've got to pull the trigger soon.
 
Thanks in advance.
#157 of 201
Re: Is this a good lease deal? [max_anderson] by tonyiamhe
Apr 23, 2008 (12:25 pm)
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Replying to: max_anderson (Apr 23, 2008 12:09 pm)

Seems high to me considering I did 3 yrs, 15k, fully loaded v6 for selling price of 45k+tax and my monthly is $670 nothing down. Talk to Chris Farhnam at VW Langhorne. He helped me and is pretty honest.
#158 of 201
Re: Is this a good lease deal? [tonyiamhe] by max_anderson
Apr 23, 2008 (12:34 pm)
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Replying to: tonyiamhe (Apr 23, 2008 12:25 pm)

I'm in Chicago so we have to pay full sales tax just as we would if we were buying it. So the $604 was inclusive of almost $3600 in tax. Do you have to pay full sales tax in PA? Just curious if we're looking at an 'apples to apples' or not.
 
Thanks!
#159 of 201
Touareg 2 V6 Lease offer is it a good one?? by aobregon78
Apr 23, 2008 (3:58 pm)
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I have never leased in my life, I just sold my old car and I'm very interested in a new Touareg 2 V6. I have been negotiating for over a month and I'm about to close the deal with an Arizona dealership. I think that I could be getting a very good deal here, but I would appreciate some advice, comments or any suggestions. Here is what I could be getting:
 
- Touareg VR6, Galapagos Color, Interior Beige
- 19's Terra wheels on vehicle will be added as per my request
- As per Dealership: MSRP $39,990.00 / Invoice: $37,280.00
- 48 Month Lease
- 20 K per year
- $369 Dealer Doc Fee (Down payment)
- Monthly Payment $490 plus TAX

  
So is it a good deal for a 48 month lease with 20K?
 
Please advise Thanks!
#160 of 201
Current Lease Numbers by cktreadway
May 18, 2008 (10:05 am)
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Any information on current incentives, MF, residuals on the Touareg. I'll be looking at both the V6 and V8 with 15k. Length of lease is flexible. Thanks in advance.
#161 of 201
Re: April 15k Touareg money factor/residual [drmst] by Car_man HOST
May 29, 2008 (2:28 am)
Reply

Replying to: drmst (Apr 07, 2008 10:01 am)

Here is the information that you are looking for, drmst. VW Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Touareg V6 with 15,000 miles per year are .00024 and 58%, respectively. The numbers for an otherwise identical 36 month lease are .00024 and 49%. The numbers for the '08 Touareg Turbo Diesel are .00163 / 58% and .00163 / 49%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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