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2013 and earlier Volkswagen Tiguan Lease Questions

kyfdxkyfdx Posts: 27,704
edited February 1 in Volkswagen
Ask your Tiguan lease questions here!

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Prices Paid, Lease Questions, SUVs

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Comments

  • How long until VW will offer a great lease on the Tiguan???
  • dzcp1dzcp1 Posts: 4
    Probably still early but when they figure out that they can't lease any vehicles in this climate at their absurd lease prices, they will come out with deals. They did just put a lease "deal" on their web site. I am looking at this vehicle as well as the Mazda CX7. Fully loaded, they price out pretty close but I can lease the Mazda for like $125 less than the VW. That would pretty much make my decision for me. I'm not sue until October so I'll wait until VW's parking lots are overflowing with inventory and they drop their lease prices.
  • Was wondering what your money down/ payments/ miles per year are/ what options you get??? Went to a couple dealers, between the two of them they sold one.
  • rubyjrubyj Posts: 3
    I am going to pick up my Tiguan tonight. I got a 4-Motion SE, white with sand cloth interior. They are throwing in the bluetooth with it. I am paying $2000 out of pocket (incl. 1st mo., taxes, title, fees, etc.) and $372 per month for 12K miles/36 mos. I am told it is $500 under invoice. They had it in stock.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Congratulations on getting your new Tiguan, rubyj. Thanks for taking the time to share the details of your lease with everyone. The Tiguan is so new that there aren't a lot of examples yet, so yours is very helpful. If you'd like, you can stop by the Dealer Ratings & Reviews section of Edmunds.com after you take delivery and tell everyone what you thought about your dealer experience. Enjoy your new truck :shades: .

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • rubyjrubyj Posts: 3
    I have one amendment. When I was ready to sign they said the 1st mo wasn't included in the out of pocket, so it was really 2372 out of pocket. I still did it because the price of the car was just over $28K and I do believe they gave it to me for under invoice.
  • 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...
  • Definitely get all the numbers, preferabley in writing. You don't want to lease over 36 months. 48 month leases are about as smart as buying the 5 year extended warranty on your toaster.

    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.
  • Hi elgupaso. VW Credit's current buy rate lease money factor for a 39 month lease of any 2009 Tiguan is currently .00135. Lease support is available on 48 month leases of this truck, but the money factor for that term is a slightly less attractive .00184.

    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
  • aramismaramism Posts: 28
    this is a good time to lease the tiguan. i'm looking into it myself. at invoice less $1000 family discount with nothing up front except dmv i am looking at like $430 a month on a SEL with navi, panorama roof. i am not sure if the bank fee is included up front or it is covered under the sign then drive but regardless it is a good deal. final cap cost of 33264 with the $1000 owner loyalty discount.

    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.
  • What is the lease term? Sale price? NET Cap cost? Money Factor? Residual? I really don't see how that deal could be legit. This is the official deal from VW webstie. I don't see how you could lease a $36K Tiguan for only $440. NO WAY.

    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.
  • aramismaramism Posts: 28
    $1000 under invoice

    $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 @ invoice. you just tell them look you can spend 3 weeks see-sawing between every dealer within 50 miles until it comes down to invoice anyway or save your time and let's get it done now. works most of the time, at least for me it has.
  • What's MSRP? Invoice doesn't matter. You don't need that to figure it out. Also, what's your tax rate?
  • Also, if invoice is $34,196 and NET CAP COST is $33,196 because of $1000 loyalty cash, where are your taxes? In NY don't you include taxes into lease, not just added to monthly payment? I'm sure I've heard numerous NY people complaining about this. If so your NET CAP COST can't be lower than INVOICE. You'd easily have over $1000 in taxes so you're back over $34,196 NET CAP.
  • In New York State, the full sales tax is collected on that $16,000 (DIFFERENCE OF MSRP AND RESIDUAL in example lease) at the beginning of the lease. In some states, however, the sales tax is just added to the lease payment on a monthly basis.

    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.
  • aramismaramism Posts: 28
    the MSRP is $36,920.

    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.
  • ebettyebetty Posts: 12
    I'm considering a lease on a 09 Tig SEL 4 mo, NAV, Pano and the best rate I'm getting is about $500/mo with $1000 down!! :mad:

    (39 mo, 15k, .00185 money factor)
  • stoopystoopy Posts: 105
    I have also been looking at the Tiguan. The lowest monthly payment I've been quoted was $430 on an S model. Sticker was $29,000 something. I would like to know where you are getting this $429 on a $37,000 Tiguan. When you get the car can you fax my dealer the paperwork? Seriously, it is a VERY good deal.
  • The guy didn't actually lease this vehicle. This is just a "QUOTE" he had emailed to him or whatever. I also would like to see a copy of this lease contract, if he ever actually gets the car for this price, which is unlikely.
  • aramismaramism Posts: 28
    i don't understand how hard it is to just plug in the numbers. the dealer committed to the sales price, and the MF and residual is what it is.

    it's not brain surgery. funny every car i've gotten people have told me i will never get what i said i was going to get and sure enough i do. it's pretty simple, negotiate the sales price (cap cost) and the MF and residual are what they are.

    for the record i was not emailed something this is something i went over in person. do yourself a favor and google a car lease calculator and input the numbers i have said and you get that payment. the fact that this is so unbelievable is the reason car dealers exist, consumers that just lay down on what they are told. there is a "skeleton" to any transaction, instead of just fishing for the lowest payment, better to understand how leases work and negotiate inside out as opposed to letting them play smoke and mirrors with payments. same thing with any loan. people 3 years ago that only cared about interest rates never bothered to look at loan amounts, amortization type, the breakdown of the loan, payoffs, closing costs, yield spread, etc. etc.

    but hey not my problem. it is possible to get this car at invoice. it's simple logic you tell the dealer they are wasting their time if they don't give you the car at invoice. you can go back and fourth and play dealers against each other or they can cut their losses and cave in right a way. you will be surprised how well this works. the economy sucks and it is a buyers market. they are more than willing when pushed the right way to make little money. and by they way, they are still making money at invoice. don't let them tell you otherwise. they can't always hit a home run though, sometimes you gotta accept the intentional walk. you get on base, it's not fun, and it doesn't help out much. but at least you don't strike out if you are the dealer.
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