- #74 of 146
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Residual % / Money factor
by girlienoir
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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?
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- #75 of 146
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Re: Residual % / Money factor [girlienoir]
by verystingy
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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).
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- #76 of 146
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Re: Residual % / Money factor [verystingy]
by girlienoir
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Apr 01, 2009 (3:22 am)
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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
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- #77 of 146
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Re: Residual % / Money factor [verystingy]
by girlienoir
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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
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- #78 of 146
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april #'s
by mbrokerny
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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.
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- #79 of 146
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Re: april #'s [mbrokerny]
by girlienoir
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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
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- #80 of 146
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Re: april #'s [mbrokerny]
by ikramerica
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Apr 07, 2009 (6:24 pm)
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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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- #81 of 146
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Re: april #'s [ikramerica]
by mbrokerny
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Apr 08, 2009 (7:52 am)
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Replying to: ikramerica (Apr 07, 2009 6:24 pm)
I thought the residual drops 1% per month but is usually offset by the mfg via a lower MF.
girlienoir, can you give us the final figures, payment, price etc?
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- #82 of 146
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Re: april #'s [girlienoir]
by mcclearyfl
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Apr 09, 2009 (1:11 pm)
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Replying to: girlienoir (Apr 07, 2009 4:15 pm)
I'm glad to see that the SE is now available with factory leather - a strange omission when the model was first released. By the way, on the VW website you still can't build an SE the way girlienoir did.
I have always been a fan of VW, and a previous owner, but my nearest dealer is 35 miles away. I also feel, as do many others, that the Tiguan is overpriced by as much as $4000 - that's a whole year of extra payments. I have a similar reaction to the Lincoln MKZ versus the Ford Edge -- $5000 extra is an awful lot for a bit of bling!
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- #83 of 146
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Re: april #'s [mcclearyfl]
by girlienoir
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Apr 09, 2009 (6:01 pm)
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Replying to: mcclearyfl (Apr 09, 2009 1:11 pm)
I hear ya...it is higher...but you get such a nice looking ride and the interior is so much nicer than others in its class... I was going to buy out my Jetta lease if I didnt get the Tiguan..I just cant see myself in anything else... I guess Im officialy a VW Snob!! haha...
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