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Volkswagen Tiguan Lease Questions
603 messages, Last post on May 15, 2013 at 2:37 PM
You are in the Volkswagen Tiguan Forum.What is this discussion about? Volkswagen Tiguan, Car Buying, Car Leasing, SUV
#531 of 603 Lease Help for Tiguan SE with Nav & Sun by genereaux
Nov 26, 2012 (12:26 am)
Help! I have never leased a car before and am quite confused by the whole process. I am trying to figure out what lease payments might be on the car I have recently had quoted. From what I have gathered from what I have read here, rate lease money factor, residual value and number of miles seem to be factors.Here is what I know so far:
MSRP on car is $31,100
Sales price offered is $29,746
My sales tax rate is 7.75
I am hoping to get 15,000/year
I can put $5,000 down but not sure if I should or not...
I have top tier credit
Can someone help me figure out my lease payments with and without this down payment?
I see you mention a .00030 rate and 58% for consumers who qualify for its top credit tier....but not sure I know what this means.
Thanks very much!
- genereaux (Dec 04, 2012 12:48 pm)
Replies to this message:
#532 of 603 Re: Hey carman [nyccarguy] by Car_man HOST
Dec 02, 2012 (7:38 am)
Replying to: nyccarguy (Nov 15, 2012 6:51 pm)
You're very welcome, nyccarguy. I'm glad that all is OK. You're right, anyone who didn't lose anything significant in that terrible storm was very blessed. I'm glad to hear that you and your family are OK. Car_man
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#533 of 603 Re: New to Leasing [jenshap3] by Car_man HOST
Dec 02, 2012 (7:43 am)
Replying to: jenshap3 (Nov 20, 2012 8:02 am)
Hi jenshap3. I have friends who live in Philly and use ZipCar all the time. Apparently it works pretty well, though I'm sure it's not as convenient as owning your own vehicle. It's the parking expense that will get you . It sounds like you are relatively new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
You can find the pricing data that you need over in the New Vehicle Pricing section of Edmunds.com.
VW Credit's current buy rate lease money factor and residual value for a 36-month lease of a 2013 Tiguan SE 4Motion with 10,000 miles per year are .00030 and 59% for consumers who qualify for its top credit tier.
Volkswagen is currently waiving the first month's payment, but not providing any other cash incentives on leases of this truck.
Car_man
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#534 of 603 Good Deal by marc63082
Dec 03, 2012 (11:43 am)
Recently quoted $36,300 for 2013 Tiguan SEL, 4 Motion, Rubber Mats, & trailer hitch (including destination). 42 month lease with 12K per annum.Down Payment of Tax of $1,675
MF.0007
Payment of $395 per month
Thoughts? Anyone know what the damage waiver is on a leased VW Tiguan? Thoughts on it being out of warranty for 6 months?
#535 of 603 Car-Man - THANK-YOU by nyccarguy
Dec 04, 2012 (12:34 pm)
after a few weeks of email negotiations & weeding out a lot of garbage, my friend took delivery of her candy white/black Tiguan SE w/ 4Motion, Sunroof, & Navigation. 36 months/10K per year. $399.85 per month including $625 bank fee & 8.875% NYC sales tax rolled into the payment. Only DMV fees due
signing. Overall an excellent buying experience from Platinum VW in Hicksville, NY (Long Island)
- Car_man (Dec 20, 2012 4:14 pm)
Replies to this message:
#536 of 603 Re: Lease Help for Tiguan SE with Nav & Sun [genereaux] by genereaux
Dec 04, 2012 (12:48 pm)
Replying to: genereaux (Nov 26, 2012 12:26 am)
Well I did not hear back but have gone ahead and leased the car anyways...$29,153....($32,260 MSRP) with 5K down...$244 payments for 42 mos at 12,000 miles. Lease buyout is at $17,743....not sure if I did well or not. Thoughts anyone?
- marc63082 (Dec 04, 2012 5:20 pm)
Replies to this message:
#537 of 603 Re: Lease Help for Tiguan SE with Nav & Sun [genereaux] by marc63082
Dec 04, 2012 (5:20 pm)
Replying to: genereaux (Dec 04, 2012 12:48 pm)
Not a bad deal. However, putting $5K down is crazy. If anything happens to that car you lose that money!
- genereaux (Dec 05, 2012 5:42 pm)
Replies to this message:
#538 of 603 Re: Lease Help for Tiguan SE with Nav & Sun [marc63082] by genereaux
Dec 05, 2012 (5:42 pm)
Replying to: marc63082 (Dec 04, 2012 5:20 pm)
Now you tell me! I have never leased before so this is all new turf...I did that so I could keep my payment low...and i figured I would get $5K from selling my old car. Thanks for responding!
#539 of 603 car_man, Lease rate help on Tiguan S 4motion please! by ace51
Dec 05, 2012 (7:17 pm)
Hi Car_manCan you please tell me the MF and residual for a 2013 Tiguan S 4motion? I'd need the number for 10k, 12k and 15k miles if possible. You mentioned that the first payment would be waived, does that apply to any Tiguan? Thank you very very much in advance!
- Car_man (Dec 20, 2012 4:16 pm)
Replies to this message:
#540 of 603 Re: Car-Man - THANK-YOU [nyccarguy] by Car_man HOST
Dec 20, 2012 (4:14 pm)
Replying to: nyccarguy (Dec 04, 2012 12:34 pm)
That's great, nyccarguy. Thanks for taking the time to stop back and let us know how everything turned out. That's a good deal. I hope that she enjoys her new ride! Car_man
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