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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

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


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#71 of 142
Re: Residual on Tiguan SE [mwinbos] by verystingy
Mar 28, 2009 (2:51 pm)
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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)
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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)
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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)
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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?
#75 of 142
Re: Residual % / Money factor [girlienoir] by verystingy
Apr 01, 2009 (2:29 am)
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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).
#76 of 142
Re: Residual % / Money factor [verystingy] by girlienoir
Apr 01, 2009 (3:22 am)
Reply

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)
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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
#78 of 142
april #'s by mbrokerny
Apr 07, 2009 (4:05 pm)
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Just received a quote from a dealer on an SE 4motion, 50% residual and .00147 MF. These residuals seems very low.
#79 of 142
Re: april #'s [mbrokerny] by girlienoir
Apr 07, 2009 (4:15 pm)
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Replying to: mbrokerny (Apr 07, 2009 4:05 pm)

I had 4 quotes. I insisted that I get the VW Credit Lease agreement all filled out and faxed to me...they hated doing it but they did... but all 4 of them had big differences in the final price/payment and down payment... the deal I picked, the payment was $20 less and a $1000 less on my down payment than the highest one... also, they were the only ones who told me about a $1000 vci lease assistance that the dealer said is only good for April! My Tig is a brand new SE 4motion W/factory leather, 18" wheels and pano window. They are now sending them to the states. I get it 5/12! Keep looking! I might have the same %'s but differences in the final price and cash incentives
#80 of 142
Re: april #'s [mbrokerny] by ikramerica
Apr 07, 2009 (6:24 pm)
Reply

Replying to: mbrokerny (Apr 07, 2009 4:05 pm)

It was 52% for that car in march, 54% in february. It might be 50%, or they might be screwing with you. 36 months, right?

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