Last post on Jun 10, 2013 at 12:42 PM
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Volkswagen Tiguan, Car Buying, Car Leasing, SUV
#131 of 606 Re: Interested in a AWD Tiguan S Auto [rbarr24]
Sep 01, 2009 (12:24 pm)
Hello again, thanks for the info posted above.
I am waiting out a deal to come across for this car. As of today, there is a special lease offer posted on the VW's website:
Lease a 2009 Tiguan S for $329.00*/Month. 36-month lease. $3,299.00 due at signing. (Excludes title, tax, options and dealer fees.)
I am looking to get the SE 4Motion model with sunroof and navi. Does anyone know if I can find a better deal, compared to the one which is advertised? Something like $400.00 all into payment ?
Sep 14, 2009 (6:31 pm)
Car_Man ... do you know what the current money factors are on the Tiguan's?
I'm wanting the below:
I'm going to shoot for a 2 year lease with 10,000 miles, but don't know if that's possible.
According to Consumer Reports (I haven't checked here yet) MSRP is $36k and invoice is $33k with a $620 holdback. I currently have quote requests out, and got a quote back in July, but wasn't able to act on it at the time. I know I have good credit, but that doesn't mean much these days.
Thanks!! You might see me asking something similar on the LR2 forum too.
#133 of 606 Re: Current Money Factor? [edukatedredhed]
by Car_man HOST
Sep 24, 2009 (2:57 am)
I certainly do, edukatedredhed. VW Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2010 Tiguan SEL AWD with 10,000 miles per year are .00247 and 57%, respectively.
Prices Paid: Buying & Leasing Experiences Forum
#134 of 606 New lease quotes
Oct 08, 2009 (12:07 am)
Can I get the lease figures for a 2009 Tiguan SEL 36/39 months 15,000 miles Thanks.
#135 of 606 Re: New lease quotes [lastory1]
by Car_man HOST
Oct 15, 2009 (3:37 am)
Here you go, lastory1. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Tiguan SEL 4WD with 15,000 miles per year are .00115 and 45%, respectively.
I don't believe that VW is currently providing support on 39 month leases of this truck.
Prices Paid: Buying & Leasing Experiences Forum
#136 of 606 Re: New lease quotes [Car_man]
Oct 18, 2009 (9:36 pm)
Can you pls supply money factor and residual for a 36 month, 2009 or 2010 Tiguan SE with 12K and 15K miles per year respectively?
#137 of 606 Re: New lease quotes [ducat13]
Oct 28, 2009 (9:04 pm)
I was just quoted today at .00257 and 47% on a 2010 SE with Nav / Leather / Sunroof.
The money factor seems high to me. I'm suspicious, I'd like to have this money factor confirmed if possible.
#138 of 606 Re: New lease quotes [wootastic]
Nov 04, 2009 (9:59 pm)
The new lease moneys and residuals are much better for November...
I leased a SE/w/leather today, 28K MSRP, 10K miles/year, 36 mo, with (almost) 0 down, wear n tear(covers up to $5K for $585), %6 tax included $395/mo.
$1650 out of pocket for TTT + dealer + first months payment+$300 for the excessive wear n tear.
I am a happy camper. Now we have a CC sport + a Tiguan SE/w/leather for under $800/mo with just inceptions and change, no maintenance costs for 3 years, just pump the gas n go in style. No worries on excessive wear n tear either.
I am loving the CC more and more every other day. Today I found out that the adaptive headlights are awesome... How did I drive without that before, lol
#139 of 606 leasing basics?
Nov 06, 2009 (5:16 pm)
ok, maybe there's a better forum for this question, but it does hinge on my decision to be able to negotiate a good Tiguan lease.
3yrs ago i went into leasing blind, for a CX7, which i put about 2K down plus tax, inception and whatever else they asked for... since then i've been hearing putting down money on a lease is stoopid...
i got an internet quote for an SE 4Motion, w/no options for $419/month, only tax inception down.
1. is this a good deal?
2. what are all the numbers i need to know and understand, so i can go in and sound educated?
3. how does the sticker price/MSRP and dealer cost factor into their calculating the lease cost?
4. what can i use to bargain with? i do at least want the sunroof so i figure i can use that
any guidance, even if its to a link to a better thread, would be appreciated!
#140 of 606 Re: leasing basics? [cs2i]
Nov 09, 2009 (1:00 pm)
You've got some research to do. First off, never ever go by monthly payment. Your payment will end up at the END of negotiating. Best way is to find a car on the lot, you'll have a lot more negotiating power. You may give up some options you want, but it will pay off if they are not deal breakers. Don't forget that VW service doesn't care where you bought your car. Drive 10 hours if you find what you want at the right price, then have the service done at home. Here are your steps:
1) Research the invoice price. Include ALL options at invoice as well.
2) Find out the dealer incentives/holdback for the time period you are going to buy, edmunds does this to some degree, the consumer reports guide for your model is also very helpful but costs $14.
3) Subtract the holdback from the invoice. This is where you START. Realize at this price the dealer makes little money, you're going to have to give them some of the holdback likely. How much depends on how desperate they are to sell you the car. Invoice is $24,540 on a 2010 SE 4 Motion with no options. Current incentive is $750 for eastern US customers. I can't find the holdback for this month. Letting them keep $200 of the holdback is fair, and a good counter. If you really want the car, consider splitting it, you'll still be under invoice. In your case $23790 would be invoice minus dealer cash. Again, there probably is a holdback as well this month.
4) Once you have negotiated the selling price, tell them you want to lease, in your case to get the $750 you have to use VW credit, so you could be upfront about that to get to the sell price. Realize the selling price is by far the most important number in the deal.
5) Double check that the money factor and residual are not inflated. These are set by VW USA, but some dealers may choose to mark these numbers up to make more money in the deal.
6) Check every line of the lease offer, most of it is negotiable. There will be an acquisition fee of $575, and doc fee of $299. Can't really do anything about those. EVERYTHING else is there is pure dealer profit. Don't fall for scams like glass etching, pin striping, window tinting, detailing, etc. Insist on none of that. If they charge a fee for them to go to the DMV to register it, tell them you'll do it yourself. If they charge for the full tank of gas, tell them to deliver it on E. If they offer 'extra' service at 5000 and 15000 miles, show them the VW recommended service schedule. This is a lease. You don't care about long term reliability! Don't buy gap insurance without a long discussion with your own auto insurance policy. All of these things are done by the finance guy once your deal is "done" with the salesman. The finance guy is the biggest slimeball in the dealership, so go in prepared for war. Fall for nothing. Acquisition and doc fees only!
7) Once you've survived the dingy back office of the finance guy, you'll have a number, your monthly payment. You will, of course, already know this number because there are multiple lease calculators online. They are worthless unless you know your MSRP, selling price, money factor, and residual.
8) In general, you should put no money down on a lease. Car companies put out huge ads in the Sunday paper showing how you can lease a BMW or Porsche for $400/month, but if you read the fine print it is usually with about $8000 down. VW does this too, you'll see the Tiguan for $99/month. With a lot down. Don't do it. Take that money and put it in an index fund for the term of the lease. Heck, buy Google stock. Anything but give it away to VW.