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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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#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)
#75 of 142 Re: Residual % / Money factor [girlienoir] by verystingy Apr 01, 2009 (2:29 am)
Replying to: girlienoir (Mar 31, 2009 7:29 pm) First off, it's April 1st, so any offer they gave you is probably not valid anymore since finance rates change usually at the begining of every month. Don't get me wrong, it is quite possible that they may stay the same but usually money factors and residuals change monthly or every other month. This could either help or hurt you, but do you homework before you sign any paperwork. Ask carman for help with the residual/MF or check out www.ridewithg.com (using either source could take a week or so to get your answer). I was hot for the Tiguan but decided it was really a bad value at the time....and it still may be. Every car magazine likes the Tiguan but says the it is overpriced for it's market segment. Factor in lousy residual rates and a so-so money factor and you are looking at a poor value overall.   Also, watch out for after market leather. It's usually cheap and doesn't hold up as well. (I thought VW now offers an SE with factory leather). And what the heck was with that $75 annual fee? Never saw that before. Good luck with whatever you do but don't act too quickly. Salesmen take advantage of that (and I am not too fond of VW sales tactics). Replies to this message: girlienoir (Apr 01, 2009 3:22 am) girlienoir (Apr 01, 2009 3:41 am)
#76 of 142 Re: Residual % / Money factor [verystingy] by girlienoir Apr 01, 2009 (3:22 am)
Replying to: verystingy (Apr 01, 2009 2:29 am) Thanks... I appreciate it. I have no idea what that anual fee is... I will ask... we need to be able to hire car negotiating advocates that we can bring with us to the table...haha
#77 of 142 Re: Residual % / Money factor [verystingy] by girlienoir Apr 01, 2009 (3:41 am)
Replying to: verystingy (Apr 01, 2009 2:29 am) I cant believe they are still saying some of the same crap these days... sounds so cheesy! Like:   "If we can agree on the numbers today, will you buy it today?" Come on people!! Im going to buy a thirty thousand dollar item in two hours!!!!   Oh, and did anyone hear this one..."WV buyers are typically more educated and do their homework" Well thank you but I bet you say that to all the girls!!   My guy was young and very nice but his dialogue was so canned.   Anyway... thanks verystingy

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