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Volkswagen Tiguan Lease Questions

146 messages, Last post on Nov 30, 2009 at 3:02 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Anyone know what the money factor is for the 39 month lease they are advertising with the 0 down event? How much would it be for 48 month lease with same deal? Also, what would be the depreciation percentage for residual value on 39 month lease and 48 month lease? Looking into getting a Tiguan, but want to play with numbers and make sure I get a good deal with prices. Thanks...
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Replying to: elgupaso (Oct 14, 2008 9:08 am) Here's the current JOKE...errrrrr...current deal: FROM VW WEBSITE: $369 a month 39 months, TAX NOT INCLUDED. Based on MSRP of $24,990 for a 2009 Tiguan 2.0T S with Automatic Transmission, excluding title, taxes, options and dealer charges. Monthly payments total $13,642. Requires dealer contribution of $341.96, which could affect final negotiated transaction. Purchase option at lease end for $13,244.70. 39 month lease, $369 per month. Your payment including even 7% sales tax would be $385. YOU COULD BUY IT FOR ONLY ABOUT $15-20 MORE. Don't lease this vehicle. In my opinion VW has very few lease deals. |
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Replying to: elgupaso (Oct 14, 2008 9:08 am) VW Credit's 39 month, 12,000 mile per year residual value for an '09 Tiguan S is 53%. The residual value for an otherwise identical 48 month lease is 47%. Remember that VW is waiving the first month's payment and security deposit on leases of '09 models during the Sign Then Drive Event. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Oct 20, 2008 4:59 pm) low mf pretty good residual + good time to lease. make sure you work out a good cap cost and you got yourself a nice deal.
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Replying to: aramism (Oct 22, 2008 5:48 pm) HERE'S THE DEAL FROM VW $359/Month. 39-Month Lease 2009 Tiguan 2.0T S with Automatic Transmission $0 Due at Signing (excluding title, tax, options and dealer charges) Or, see your local VW dealer for one of the many other great lease deals available on Tiguans. ©2008 Volkswagen of America, Inc. *U.S. cars only. Based on MSRP of $24,990 for a 2009 Tiguan 2.0T S with Automatic Transmission, excluding title, taxes, options and dealer charges.
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Replying to: indianajohns (Oct 22, 2008 8:24 pm) $34,196 is invoice (SEL 4motion, black, navigation, panorama) so NET cap cost is $33,196 MF .00135 RESIDUAL 56% 39 month lease. taxes in lease. NY state. $430 a month. i'm not sure about the bank fee i forgot to write it down in my notes. this was almost a week ago but i'm pretty sure it was up front. though if it is covered by the sign then drive event they have then it is not. but like i said, it's not a big deal since the first payment is not covered. so worst case i am paying like $595 + dmv ($90) out of pocket and driving away. the deal makes sense financially. it is the $1000 owner loyalty plus the fact that i got them to lease the car out
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Replying to: aramism (Oct 22, 2008 8:28 pm) |
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Replying to: aramism (Oct 22, 2008 8:28 pm) |
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Replying to: aramism (Oct 22, 2008 8:28 pm) SOURCE: http://www.nydailynews.com/money/2007/08/28/2007-08-28_paying_sales_tax_on_lease- - d_car_drives_a_-2.html So again. I don't see how you are getting your $440. Not that any of this matters. This whole conversation has been based on a quote you received. You didn't get the car yet. When you do please post the numbers. Until then I don't think it's possible.
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Replying to: indianajohns (Oct 22, 2008 8:45 pm) the tax rate in NYC is 8.625% (this makes the total taxes on this about $1400 i think off the top of my head so even with the upfront (the tax sum being added into the cap cost) i am still getting a payment of $429. you can check it yourself on an auto lease calc. there is a $2 difference in payment when you pay the taxes "in the lease" like you said or "on top of the payment" like in other states. regardless, i don't think $2 a month is that big of a deal.
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