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Volkswagen Tiguan Lease Questions

142 messages,  Last post on Nov 10, 2009 at 8:57 AM

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

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#65 of 142 Re: Newbie to Leasing [Car_man] by ikramerica Mar 23, 2009 (11:22 am)
Replying to: Car_man (Mar 23, 2009 3:32 am) Hi Car_man,   I'm going in to do the final lease contract and pick up my car on Wednesday as well, and would like to make sure I have the right numbers.   The MSRP for the SEL 4Motion as equipped is $37,330, +$349 mudflaps (installed) and $59 iPod cable (not sure if they are included for lease residual purposes). Selling price is $35,650 including all items.   Los Angeles sales tax is still 8.25% until April 1, and tire tax, doc fee and registration fee will total about $390. I will be paying drive offs only, and have top tier credit.   I'm looking at 36 and 39 month lease, 12000 miles a year. Thanks in advance if you can check on this before wednesday morning.   Mike K
#66 of 142 Re: money factor?? [mrbbud] by Car_man HOST Mar 24, 2009 (1:47 am)
Replying to: mrbbud (Feb 18, 2009 5:20 am) Hi mrbbud. The best way to get a good deal on the vehicle that you want is to negotiate a selling price that's as close to dealer invoice as possible and then have the dealer subtract any available cash incentives from that. Never assume that the dealer will automatically give you the incentives.   The money factor and residual value that I provided you with are definitely right. They actually are slightly different for March. VW Credit's current buy rate lease money factor for all Tiguan models is now .00147. Its residual values vary by trim level.   VW Credit's 10,000 mile per year residual values are 3% higher than its 15,000 mile per year resids.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#67 of 142 Re: $1000 Cash on All Tigs? Lease and APR? [ikramerica] by Car_man HOST Mar 24, 2009 (1:49 am)
Replying to: ikramerica (Feb 18, 2009 10:13 pm) Hi ikramerica. Yes, I believe that the available $1,000 VW Credit bonus cash is a national program.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#68 of 142 Re: March lease rates [verystingy] by Car_man HOST Mar 24, 2009 (1:53 am)
Replying to: verystingy (Mar 03, 2009 8:21 am) Hello Sal. Here's the information that you're looking for. VW Credit's March 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 .00147 and 50%, respectively. You definitely don't want to lease this truck for 39 or 48 months. Its money factors for those terms are much worse.   The numbers for the SEL 4Motion are exactly the same. If you were to lease with only 12,000 miles per year, this vehicle's residual values would be 2% higher.   I don't believe that Volkswagen is currently providing any cash incentives on leases of this model, other than the $500 owner loyalty cash.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#69 of 142 Re: March lease rates [verystingy] by Car_man HOST Mar 24, 2009 (1:54 am)
Replying to: verystingy (Mar 14, 2009 5:09 am) Hey Sal. Please see my previous post for the information that you're looking for.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#70 of 142 Residual on Tiguan SE by mwinbos Mar 28, 2009 (2:43 pm)
I was quoted $25,287 on the SE with moonroof (no 4Motion). MSRP is $29,214. This seemed like a great deal, so I asked for the MF and residual on a 36 month, 12,000/year lease. Dealership came back with a MF of .00147 (consistent with what I've seen on this forum) and a residual of 48% - both of which I was told were set in stone by VW Credit and non-negotiable. This residual seems extremely low to me. Based on previous posts, it looks like an SE 4Motion with the same lease terms has a residual of 52%. Does adding 4Motion really make this big a difference??? Replies to this message: verystingy (Mar 28, 2009 2:51 pm) ikramerica (Mar 28, 2009 3:11 pm)
#71 of 142 Re: Residual on Tiguan SE [mwinbos] by verystingy Mar 28, 2009 (2:51 pm)
Replying to: mwinbos (Mar 28, 2009 2:43 pm) 4WD models have a 3% higher residual than 2WD models.   Sal
#72 of 142 Re: Residual on Tiguan SE [mwinbos] by ikramerica Mar 28, 2009 (3:11 pm)
Replying to: mwinbos (Mar 28, 2009 2:43 pm) 4Motion are 4% higher, not 3, and the residual on the 12000 mile 36 month leases for the SE and SEL are 48%, and the money factor is 0.00147. Which makes the Tiguan expensive right now compared to cars like the RAV4, but having just received mine on Wednesday, it is SO much better than a RAV4. You get what you pay for...
#73 of 142 wanting a low payment lease by girlienoir Mar 30, 2009 (5:19 pm)
Hi all... brand spanking new here... Im wanting to lease a Tiguan SE... I wanted to throw a bunch of cash down to have low payments. I dont want to worry about big monthly payments (used to my low payments on my Jetta)...im in sales and 100% commission...it just works for me. Here is the scenario and the offer choices they gave me...   Tiguan SE 4motion, Gorilla gear, after market leather($900) , panaramic sunroof MRSP is 31,064... they are claiming that the internet was wrong on price and the MRSP did not include the leather seating... so it should be 31,964.   I was hoping to keep my payments around $275.00 with 6,000 down. Here are two options they gave me...at 15k miles/36 months...   Cap Cost: $29,000 Residual: 50% or $15,532 Cash Down/ Cap Cost Reduction: $6000 Rebate: $500 Owner Loyalty Adjusted Cap Cost: $23,732.34 Costs Added To Lease: $575 Money Factor: .00158 Total Sales Tax: 1096.09 Payment: $289.81 Total Initial Fees: $265.50 Total Annual Fees: $75 Driveoff (Total Money Out Of Pocket): $7069.06    OR    Cap Cost: $29,000 Residual: 50% or $15,532 Cash Down/ Cap Cost Reduction: $5000 Rebate: $500 Owner Loyalty Adjusted Cap Cost: $24,803.68 Costs Added To Lease: $575 Money Factor: .00158 Total Sales Tax: 1099.93 Payment: $321.27 Total Initial Fees: $265.50 Total Annual Fees: $75 Driveoff (Total Money Out Of Pocket): $6,033.02   Thoughts?
#74 of 142 Residual % / Money factor by girlienoir Mar 31, 2009 (7:29 pm)
I would love for someone to give me feedback on the above...also, the residual on my quote above seems low...is it because of the 15k miles? The fnance guy said it is what it is...Im seeing two opinions on here...   Also... they didnt run my credit but I would like to think im in the 800"s...Couldnt I get better than .00158?   How can I know this stuff for sure...call vw credit? Replies to this message: verystingy (Apr 01, 2009 2:29 am) girlienoir (Apr 01, 2009 3:22 am) girlienoir (Apr 01, 2009 3:41 am)

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