Ask the Car People.SM


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

Messages Page 56 of 61

#551 of 603 Seeking opinion - is this a good deal? by rnatalie10

Jan 30, 2013 (11:38 am)

Hi - looking at my first lease deal. I think I've done my homework but would love to know thoughts of those more experienced...including recommended negotiation points. According to dealer, this is for January (1 day left) only. Here's the detail for a 2013 Tiguan SEL. Many thanks!!!
 
MSRP = 36,235
Adjusted Cap Cost = 33,951
Money Fator = .00016
Term = 36mo/12K
$0 down
Residual = 55%
Monthly Payment = $398 (plus tax = $426)

#552 of 603 Re: Seeking opinion - is this a good deal? [rnatalie10] by rnatalie10

Feb 01, 2013 (3:44 pm)

Replying to: rnatalie10 (Jan 30, 2013 11:38 am)
Hi - wanted to report back, wound up with a little better deal once they officially pulled credit and because I conceded to taking the silver one off the lot (vs ordering a black one)
 
Can't recall all exact components but here's some info:
 
Tiguan SEL
Money factor .00001. (Offered something about dealer buying points for high credit?)
Residual 57% (not sure, just remember it went up from prior)
Price 31,900 (not sure again, don't have papers in front of me)
 
$345 month ($370 after tax)
0 down
1st month paid, so 35 payments
 
12k/36m
 
I didn't see a better deal so I signed. Best offer from another dealer was $465/month with 2,000 down. Joke.
 
Had an amazing dealer experience.
 
Also, I stumbled into these forums because I was curious abt credit scores needed for leases. When I checked mine, it was equifax and good but vw used transunion which returned higher and allowed for a better money factor. Best of luck to all around. PM me if you are in the mkt for a 2006 A4 (ne fl).
 
 

#553 of 603 Re: Seeking opinion - is this a good deal? [rnatalie10] by kyfdx HOST

Feb 02, 2013 (6:57 am)

Replying to: rnatalie10 (Feb 01, 2013 3:44 pm)
That looks like a great deal... Is that FWD or AWD?

#554 of 603 Re: Seeking opinion - is this a good deal? [kyfdx] by rnatalie10

Feb 02, 2013 (7:33 pm)

Replying to: kyfdx (Feb 02, 2013 6:57 am)
Thanks - FWD

#555 of 603 Need lease info for February by talon4x4

Feb 16, 2013 (11:12 am)

The lease on my CC will be expiring in a couple of months and I'm looking to get a Tiguan. CarMan can you give me the info I need for February? (ie. money factor, residual, incentives, etc)
 
I also received a $500 coupon for attending and speaking to a VW rep at the local new car show. How would that factor in here?? Also, how are the options (mats, climatronic, passenger seat) figured in? Are those added to the cap cost? I added them to it in my numbers below. What about the destination fee? Is it figured in to the MSRP or just something I can pay at signing?
 
Here is the vehicle I found that I would like to lease. I will be doing a 3yr lease with 10k miles/year.
 
2013 Volkswagen Tiguan 4WD 4dr Auto SE w/Sunroof & Nav - Wild Cherry Metallic
-floor mats
-Climatronic
-manual passenger seat
 
Here's where I'm at so far. If I use January's info (58% residual and MF .00016) and I'm going to be shooting for the True Market Value I found on Edmunds which is $31,458 + $241 (climatronic) + $185 (Tiguan mat kit) - $150 (manual passenger seat) + $825 (destination fee) = $32,606.
 
With those numbers in mind I figured the cap cost should be $31,734. With a money factor of .00016 and residual of 58% I should have a pre-tax payment of $351.73 for 36 months ($382.51 w/tax). I'd only like to pay the destination and 1st payment at signing which would be $1207.51
 
None of this includes the $500 coupon I have because I didn't know where it factored in.
 
Does this sound feasible?
 
Thanks!!

#556 of 603 chillyal by chillyal

Feb 16, 2013 (8:05 pm)

Hi everyone,
 
Looking to get my daughter her first car. I would like to lease the vw tiguan with the 2.0t SE no sunroof or nav. 36 months. They want me to put 1900 down and 365/month tax included and it comes with 12,000 miles. Great credit. Am I getting robbed? Thx in advance

#557 of 603 Got the lease worksheet by talon4x4

Feb 17, 2013 (3:06 pm)

The dealer sent me the lease worksheet and I'm trying to make sense of why our numbers don't match. The first thing I see is how the depreciation is calculated. When I look at the Edmunds site it says to subtract residual from cap cost. Now I thought the cap cost was the agreed upon cost of the car?! But maybe its not that simple. Because the agreed upon price is $31,791. However on this worksheet it says adjusted cap cost $33,115.56. The $33,115 is coming from the agreed upon price + acquisition fee - amount paid in cash. $31,791 + $625 - $569.11 = $32,416. Hmmm.....now there is something else that doesn't add up. What's on the worksheet and how the numbers actually add up are different by around $1,200. Maybe I'm overlooking something here?!?
 
Is there anyone around that can help me make sense of this? I was hoping to go shopping tomorrow.
 
Ohh and it looks like the money factor is now .00066 or at least that is what's on my worksheet. That extra .0005 actually makes a pretty big difference in the monthly payment. A $27/month difference in my case.
 
Thanks!

#558 of 603 Re: Need lease info for February [talon4x4] by Car_man HOST

Feb 21, 2013 (4:18 pm)

Replying to: talon4x4 (Feb 16, 2013 11:12 am)
Hi talon4x4. Volkswagen Credit's February buy rate lease money factor and residual value for a 36-month lease of a 2013 Tiguan SE with Sunroof, Navigation and 10,000 miles per year are .00016 and 58% for consumers who qualify for its top credit tier.
 
When negotiating your deal on this truck, make sure to take advantage of the $500 cash incentive that is currently available on leases of it.
 
If I was in the market for this vehicle, I personally would shoot for a selling price of $500 to $1,000 over the invoice price that is listed here (preferably towards the lower end) minus the $500 lease cash minus the $500 coupon that you have if it's from the manufacturer.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#559 of 603 Re: chillyal [chillyal] by Car_man HOST

Feb 21, 2013 (4:28 pm)

Replying to: chillyal (Feb 16, 2013 8:05 pm)
Hi chillyal. It would be much easier for us to evaluate this deal if you were able to provide us with this truck's MSRP and selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is more difficult to tell how large a dealer discount you are being given an in turn if there is any room left to negotiate.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#560 of 603 Re: chillyal [Car_man] by chillyal

Feb 21, 2013 (5:15 pm)

Replying to: Car_man (Feb 21, 2013 4:28 pm)
Hi Car_man,
 
I was given no prices just 1900 down 365 month for an SE 4 motion
 
And 1600 down 306 month for a S 4 motion niether have sunroof or nav.
 
 I guess I better go back andget some real numbers from them.
 
We are also looking at the ford escape on sat. any thoughts on that one?
 
Your the best

Messages Page 56 of 61

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement