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Prices Paid: Buying & Leasing Experiences Volkswagen Tiguan Lease Questions
142 messages, Last post on Nov 10, 2009 at 8:57 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 (Jun 23, 2009 1:49 am)
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Replying to: Car_man (Jun 23, 2009 1:49 am) I guess I waited too long thinking prices will be better in July, instead for a 12K miles 36 month lease on a Tiguan S the residual dropped from 46% to 45% and the money factor increased from 0.00133 to 0.00173  So this is the best deal I could get Tiguan S with 17" Alloys and Bluetooth MSRP: $25775 Purchase Price: $22175 Acq fee: $575 Capitalized cost: $22750 MF: 0.00173 Residual: $11598.75 (45%) Monthly: $369.18+tax I am debating whether or not to take advantage of the VW offer of reducing the MF by leaving a security deposit. For each $400 put down as security the MF reduces by 0.00008 (max $4000). I figured if I use the max $4000 the money factor would drop to 0.00093 I would save $1000 on finance charges over 3 years. Not bad return for $4K investment. What are the risks associated with leaving a huge security deposit? Thanks
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Replying to: mvs1 (Jun 23, 2009 6:35 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: bestdeal42 (Jul 08, 2009 11:58 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Jul 10, 2009 2:37 am) I contacted VW credit and they said in the event of the vehicle being totaled the only way I would loose my security deposit is if the insurance company did not cover the whole loss. I have added GAP insurance for a few dollars more to my policy to make sure that does not happen. I went ahead and pulled the trigger on the deal and I love my new Tiguan, absolutely no buyers remorse, it is a great car.  Thanks for your help. bestdeal42
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| I'm in a pickle. The lease on my Benz E350 is up. LOVE the car but way too expensive in this day and age. I looked at the Escape Hybrid (ok), Hyandai Sonata (ok) and the VW Tiguan -- which I really liked. The deal had a 2009 SEL (leather a biggie for me) w/ 1500 miles on it. The MSRP is 29K-plus. He said '28K is more likely.' I've always leased, maybe I should buy. I NEVER put money down. I have never dealt w/ VW before. What's the best way to approach this? Car negotiation is not my strength. Thanks to anyone who replies. | |
I found a 2009 SE w/ sunroof. They want 3K down at $405 a month (price of car is 28,495.00. Sounds like waaay too much on the money down for a lease. Yea or nay?
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Replying to: solbro (Jul 16, 2009 5:53 pm)  solbro: Nay, I think. I got an SEL 4-matic for $395/month and $500 down (including $175 DMV fees). That was in April, however. MF and residuals may have changed in the meantime.
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Replying to: bestdeal42 (Jul 10, 2009 2:36 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Jul 24, 2009 2:23 am) This little unique SUV caught my eye and I was interested in finding out some information in regards to lease prices. I was in a dealership the other day and for a base model, AWD, whithout any details or paperwork the salerperson quoted me a price of around $430/month. I do not know for how many months / what kind of miles, what kind of price he used, etc. (I am guilty of not asking). However I did not expect the price to be so high. I was looking for something around $300 - $350 for a Type S.. so the price was a bit shocking... If anyone has any latest MF or prices they've paid for or any latest info on Volks' lease specials.. I would appreciate any info... 
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