Last post on Dec 05, 2013 at 5:50 PM
You are in the Automotive News & Views
What is this discussion about?
Car Buying, Biodiesel, Diesel, Hybrid Cars, Coupe, Hatchback, SUV
#10131 of 11692 Re: The diesels are coming [houdini1]
Jul 20, 2013 (7:52 am)
The Touareg I am looking at has an MSRP of $55,170. USAA has a price for that vehicle of $48,304. Not sure what tax, title and license will be. When he called me he said he would accept the USAA pricing with $0 down and 0% interest for 60 months. I will also find out what the lease will be. With his earlier quote I am guessing about it would be $619 per month for 39 months. Payments would be $805 a month for 5 years if I pick up TTL up front. I think it is probably as good as I will get for a VW Touareg TDI Lux. It is the same vehicle I took a long test drive in about 3 weeks ago. He told me they are not fast movers and I would say he was telling the truth.
The MB ML350 Bluetecs are selling better and the dealers are not so anxious to make good deals. Unlike the GLK250 BT which seem to have about the same discounts as the Touareg.
#10132 of 11692 Re: The diesels are coming [gagrice]
Jul 20, 2013 (9:33 am)
In the case of the Touareg, what you say are TRULY TWO of its' market advantages. I am sure that if you look carefully the ML 350 (similarly equipped) it will costs thousands, if not least $10k MORE. For the greater audience, this MB is a competitor in the Touareg's space. This is not even to mention that MB has not offered ZERO down and ZERO percentage. Needless to say any percentage over ZERO will be another premium, in comparison. Of course, the more long term question is which car delivers higher % RESALE value.? My research tends to point toward VW T TDI.
The GLK 250 is really not a competitor with the Touareg, except maybe on pricing. Right now it seems that EVERY MB GLK 250 in inventory are loaded with any array or combination of options. This has the effect of making any MSRP much higher than the standard accessories $ 38,590. Indeed the one I test drove was app 52k and they were dealing app 48k +. Another is if you like any other color (of 12) than black, white and red, the minimum bump is $720.
#10133 of 11692 Re: The diesels are coming [ruking1]
Jul 20, 2013 (9:29 am)
You are correct. The ML350 Bluetec comparably equipped has a TMV right at $10,000 higher. And no special financing has been offered. As you noted the GLK is not in the same league as the Touareg or ML. Yet nicely equipped would be about the same as what I can buy the VW for. And not insignificant is the fact that the VW NAV and electronic package are more advanced by quite a lot. And I did not include the free service offered by VW for 3 years.
I think if I can beat the dealer down to my price on a 39 month lease we will have a done deal. My wife and I both agree we will probably want something new after the lease is up. We should have considered it on the Sequoia and would be far ahead over paying cash.
#10134 of 11692 Re: The diesels are coming [gagrice]
Jul 20, 2013 (9:53 am)
Indeed that is really true. I think that is one of the utilities of speaking "COST Per Mile Drive". Some of the lease terms are almost becoming as complicated as any gov agency can put out.
To me however, it should be as complicated and simple as monthly payment/ monthly miles driven (max) = cost per mile driven: lease.
#10135 of 11692 Re: The diesels are coming [ruking1]
Jul 20, 2013 (10:51 am)
Here is our thinking. By 3 years we were tired of the Sequoia. Lousy gas mileage and lousy NAV, CD player. No XSirius etc, etc. We bought it cash so felt stuck with it. If her grand daughter with a growing family and several trips a year to Tahoe had not asked about buying, we would probably continue to live with it. She wants it and wife told her trade-in price with payments of course no interest. It is family. Also found out in CA if you sell to relative NOT a sibling, there is no tax on transfer. So she gets rid of her 15 year old 5 passenger 4Runner with only 2WD that gets 15 MPG and gets a larger 7 passenger 4X4 that gets 15 MPG, with a heck of a lot more luxury.
Win, win, I get rid of the Sequoia and my choice of replacement.
#10136 of 11692 Re: The diesels are coming [gagrice]
Jul 20, 2013 (11:40 am)
Truly it is all good. In effect, that is what we have done with any number of cars. While I do not sign agreements, I just casually to more pointedly, point out that whatever they save in monthly car payments, they should be saving. (actually putting it away, in your GD's case, put away the interest)
For you both it actually makes sense to do a lease, (I am sure you have probably run the real numbers) given sub 6,000 miles per year/ 500 miles mo. If the monthly allowable lease miles are 1000 miles, then another premium are the 500 miles per month that you do NOT do. Naturally if a down is required, that needs to be worked into the equation.
This is a very old example but illustrates the point. I used a 1987 TLC truck in several businesses (most do not have businesses, so I will not go there- implications are MUCH better than what I will illustrate, IRS sec 179) .
Upshot: $16,000 dollars, 250,000 miles, sold for $9,000 = loss of - minus $7,000 or -44%. So the cost of ownership- depreciation, (- $7,000/250,000 miles=) more technically was $ .028 cents per mile driven.
#10137 of 11692 Re: The diesels are coming [ruking1]
Jul 20, 2013 (11:34 am)
I am sure if we buy the diesel SUV the PU truck will be parked more of the time. 25-30 MPG is far better than 16-17 MPG. I would be surprised if it ends up more than 12k per year.
#10138 of 11692 Re: The diesels are coming [gagrice]
Jul 20, 2013 (11:52 am)
Needless to say fuel SAVINGS will be app 994 gals or 43%. $'s $102 per mo (SAVED) not hard to take either.
#10139 of 11692 Re: The diesels are coming [ruking1]
Jul 20, 2013 (12:03 pm)
I like that. I can use that to lower the lease per month. I won't miss waiting in line for gas at Costco. My local Shell is always more competitive on diesel than gas.
#10140 of 11692 Re: The diesels are coming [gagrice]
Jul 20, 2013 (1:29 pm)
From what I have come to know and read over this thread, I think you will get even BETTER mpg with the Touareg than I, both situational and longer term average.