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Volkswagen Tiguan Lease Questions

144 messages,  Last post on Nov 28, 2009 at 8:33 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Volkswagen Tiguan, Car Buying, Car Leasing, SUV


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#43 of 144
money factor?? by mrbbud
Feb 04, 2009 (11:28 am)
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Could someone tell how I would find out what the money factor is for the current month?
 
I live in New Jersey and I haven't seen any new dealer incentives since the last ones expired at Feb. 2nd.
 
Thanks
#44 of 144
Re: money factor?? [mrbbud] by Car_man HOST
Feb 17, 2009 (3:56 am)
Reply

Replying to: mrbbud (Feb 04, 2009 11:28 am)

I would be happy to help you out, mrbbud. Volkswagen's lease program for this truck varies by term, mileage, and trim level. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease of an '09 Tiguan SE 4Motion 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 a 2009 Tiguan SE 4Motion with 15,000 miles per year are .00130 and 51%, respectively.
 
When negotiating your lease on this truck, make sure to take the $1,000 cash incentive that VW is currently providing on leases of it into account.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#45 of 144
Newbie to Leasing by RichNEO
Feb 17, 2009 (7:14 am)
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Hey Car_man! Need your help and guidance. Looking to lease a Tiguan, SEL 4 Motion, pretty much maxed out, 12k, even 10k. I live in Ohio. What should I expect in terms? Credit score 740ish, but with discharged Chpt 7 44 months ago. Do you think they will bring back Sign & Drive? I have a trade-in, worth about 5k, but I keep seeing about not reducing the cap cost. Your thoughts would be great!!!!!
 
Thanks!
#46 of 144
Re: money factor?? [Car_man] by mrbbud
Feb 18, 2009 (5:20 am)
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Replying to: Car_man (Feb 17, 2009 3:56 am)

Thanks for the reply Car_man.
 
I have a couple questions.
 
Is the dealer obligated to pass on the $1000 cash rebate and $500 loyalty rebate on to the customer. Do these rebates apply to the MSRP?
 
What is the source of the .00130 and 51% that you quoted and does that apply to all trim levels? Dealers are reluctant to give these figures out.
 
I'm looking for a 36 mo. / 10000 mil lease. The trim level will depend upon the price range I can negotiate.
 
Thanks
#47 of 144
$1000 Cash on All Tigs? Lease and APR? by ikramerica
Feb 18, 2009 (10:13 pm)
Reply
Car_man...
 
Edmunds is vague about what trim levels and terms the $1000 applies to in the incentives area, and the dealer I dealing with is playing dumb with the "I never heard of a $1000 incentive" game. All they claimed to know about was the $500 loyalty. This is in CA, but I assume the $1000 is nationwide?
#48 of 144
Lease Advice Please by Gyrlwolf
Feb 22, 2009 (1:12 pm)
Reply
Looking to lease a 09' Tiguan, SEL 4Motion w/Nav & Mat Kit. Wanted panoramic sunroof, but monthly payment ($464) was going to be more than I wanted to pay ($400). I work for a company that allows us to purchase the Tiguan at dealer invoice price to include dealer price for options. That being said, this is what I was offered by our local dealer here in Southern NJ. The monthly payment sounds rather high to me still considering what I'm putting down (which I know for a lease I should try to not put down anything), but here are the numbers:
 
Dealer Invoice Prices:
$30,668 (SEL 4Motion AWD)
$750 Destination Charge
$1758 Navigation System
$150 Mat Kit
=Total of $33,326
 
Now here's where it gets interesting:
 
$33,326 selling price
$2,333 selling tax
$254 4 yr vehicle registration fee
$99 Doc Fee
$7.50 NJ Tire Tax Fee
=Total of 36,019.50
minus-$3,000 I'd put down
minus-$1,000 VW dealer cash
 
New financing total $32,020
 
Dealer came up with $464 mthly payment on 36 mth 12k a year lease.
 
Now is it me or is this monthly lease payment still rather high for the amount I'm putting down? Any feedback and suggestions will be greatly appreciated.
#49 of 144
Re: Lease Advice Please [Gyrlwolf] by ikramerica
Feb 22, 2009 (2:20 pm)
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Replying to: Gyrlwolf (Feb 22, 2009 1:12 pm)

Well, just looking at it, you aren't really reducing the capital cost outside of the $1000 VW money and $300, as most of your $3000 is covering the taxes and fees. Do you know what your residual value is? It looks like you have a 0.0025 money factor and 55-56% residual?
#50 of 144
Re: Lease Advice Please [ikramerica] by Gyrlwolf
Feb 22, 2009 (2:30 pm)
Reply

Replying to: ikramerica (Feb 22, 2009 2:20 pm)

No, unfortunately, I was fighting so hard to make sure they didn't try to screw me over on the "dealer invoice" price for things that I forgot to check to see what that was. I will definitely call and ask tomorrow when they open. I just hate to be putting so much down. Am I being too cheap? Does $464 mthly sound like a good deal to you?
#51 of 144
Re: Lease Advice Please [Gyrlwolf] by kyfdx HOST
Feb 23, 2009 (7:54 am)
Reply

Replying to: Gyrlwolf (Feb 22, 2009 2:30 pm)

The sales tax seems high... I know NJ collects upfront, but I thought it was on the total payments... Seems like the tax should be around $1400 on a lease..
 
But, no.. $3000 upfront and $464/mo. seems like a lot for a Tiguan... they just don't lease out very well..
#52 of 144
Re: Lease Advice Please [kyfdx] by Gyrlwolf
Feb 23, 2009 (8:15 am)
Reply

Replying to: kyfdx (Feb 23, 2009 7:54 am)

Yeah, I'm gonna check with another local dealer. That sales tax just seems like a lot to me too.

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