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2013 and earlier Volkswagen Tiguan Lease Questions

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi bestdeal42. Multiple security deposits are a much better way to lower your lease payment than making a down payment aka capitalized cost reduction. The only risk that I would be worried about with MSDs is whether you get them back if your vehicle is totaled. It wouldn't hurt to check with VW Credit on this subject before pulling the trigger on a deal.

    Car_man
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  • Car_man

    I contacted VW credit and they said in the event of the vehicle being totaled the only way I would loose my security deposit is if the insurance company did not cover the whole loss. I have added GAP insurance for a few dollars more to my policy to make sure that does not happen.

    I went ahead and pulled the trigger on the deal and I love my new Tiguan, absolutely no buyers remorse, it is a great car. :)

    Thanks for your help.

    bestdeal42
  • solbrosolbro Posts: 2
    I'm in a pickle. The lease on my Benz E350 is up. LOVE the car but way too expensive in this day and age. I looked at the Escape Hybrid (ok), Hyandai Sonata (ok) and the VW Tiguan -- which I really liked. The deal had a 2009 SEL (leather a biggie for me) w/ 1500 miles on it. The MSRP is 29K-plus. He said '28K is more likely.' I've always leased, maybe I should buy. I NEVER put money down. I have never dealt w/ VW before. What's the best way to approach this? Car negotiation is not my strength. Thanks to anyone who replies.
  • solbrosolbro Posts: 2
    I found a 2009 SE w/ sunroof. They want 3K down at $405 a month (price of car is 28,495.00. Sounds like waaay too much on the money down for a lease. Yea or nay?
  • jseinfeldjseinfeld Posts: 15
    @solbro: Nay, I think. I got an SEL 4-matic for $395/month and $500 down (including $175 DMV fees). That was in April, however. MF and residuals may have changed in the meantime.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Thanks for the info, bestdeal42. Congratulations on getting your new Tiguan. Enjoy!

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  • iameuroiameuro Posts: 8
    Hi All,

    This little unique SUV caught my eye and I was interested in finding out some information in regards to lease prices.

    I was in a dealership the other day and for a base model, AWD, whithout any details or paperwork the salerperson quoted me a price of around $430/month.

    I do not know for how many months / what kind of miles, what kind of price he used, etc. (I am guilty of not asking).

    However I did not expect the price to be so high. I was looking for something around $300 - $350 for a Type S.. so the price was a bit shocking...

    If anyone has any latest MF or prices they've paid for or any latest info on Volks' lease specials.. I would appreciate any info...

    :confuse:
  • rbarr24rbarr24 Posts: 1
    Hopped into a local VW dealership over the weekend to check out the lease deals on the Tiguan.

    The money factor for a SE 4Motion 36/12K without panoramic roof was at .00195 and they were trying to get a total cost after tax of $499 a month. Inceptions were about $1200, although I didn't even bother negotiating.

    The MSRP was somewhere just north of $30 and the price of the car was $28,800.

    For that price, I just don't think it's even close to worth it. I look at the car and think it's worth about $400-$420 a month all in, but that's just me.
  • Hello again, thanks for the info posted above.

    I am waiting out a deal to come across for this car. As of today, there is a special lease offer posted on the VW's website:

    Lease a 2009 Tiguan S for $329.00*/Month. 36-month lease. $3,299.00 due at signing. (Excludes title, tax, options and dealer fees.)

    I am looking to get the SE 4Motion model with sunroof and navi. Does anyone know if I can find a better deal, compared to the one which is advertised? Something like $400.00 all into payment ?
  • Car_Man ... do you know what the current money factors are on the Tiguan's?

    I'm wanting the below:

    SEL
    Navigation
    Sunroof
    Rearside Airbags
    Bluetooth

    I'm going to shoot for a 2 year lease with 10,000 miles, but don't know if that's possible.

    According to Consumer Reports (I haven't checked here yet) MSRP is $36k and invoice is $33k with a $620 holdback. I currently have quote requests out, and got a quote back in July, but wasn't able to act on it at the time. I know I have good credit, but that doesn't mean much these days. :)

    Thanks!! You might see me asking something similar on the LR2 forum too. ;)
  • I certainly do, edukatedredhed. VW Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2010 Tiguan SEL AWD with 10,000 miles per year are .00247 and 57%, respectively.

    Car_man
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  • Can I get the lease figures for a 2009 Tiguan SEL 36/39 months 15,000 miles Thanks.
  • Here you go, lastory1. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Tiguan SEL 4WD with 15,000 miles per year are .00115 and 45%, respectively.

    I don't believe that VW is currently providing support on 39 month leases of this truck.

    Car_man
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  • Car_Man,

    Can you pls supply money factor and residual for a 36 month, 2009 or 2010 Tiguan SE with 12K and 15K miles per year respectively?

    Thx.
  • I was just quoted today at .00257 and 47% on a 2010 SE with Nav / Leather / Sunroof.

    The money factor seems high to me. I'm suspicious, I'd like to have this money factor confirmed if possible.
  • The new lease moneys and residuals are much better for November...

    I leased a SE/w/leather today, 28K MSRP, 10K miles/year, 36 mo, with (almost) 0 down, wear n tear(covers up to $5K for $585), %6 tax included $395/mo.
    $1650 out of pocket for TTT + dealer + first months payment+$300 for the excessive wear n tear.

    I am a happy camper. Now we have a CC sport + a Tiguan SE/w/leather for under $800/mo with just inceptions and change, no maintenance costs for 3 years, just pump the gas n go in style. No worries on excessive wear n tear either.
    :)
    I am loving the CC more and more every other day. Today I found out that the adaptive headlights are awesome... How did I drive without that before, lol
    :)
  • cs2ics2i Posts: 9
    ok, maybe there's a better forum for this question, but it does hinge on my decision to be able to negotiate a good Tiguan lease.

    3yrs ago i went into leasing blind, for a CX7, which i put about 2K down plus tax, inception and whatever else they asked for... since then i've been hearing putting down money on a lease is stoopid...

    i got an internet quote for an SE 4Motion, w/no options for $419/month, only tax inception down.

    1. is this a good deal?
    2. what are all the numbers i need to know and understand, so i can go in and sound educated? ;)
    3. how does the sticker price/MSRP and dealer cost factor into their calculating the lease cost?
    4. what can i use to bargain with? i do at least want the sunroof so i figure i can use that

    any guidance, even if its to a link to a better thread, would be appreciated!

    thanks,
    cs
  • k2chadk2chad Posts: 18
    You've got some research to do. First off, never ever go by monthly payment. Your payment will end up at the END of negotiating. Best way is to find a car on the lot, you'll have a lot more negotiating power. You may give up some options you want, but it will pay off if they are not deal breakers. Don't forget that VW service doesn't care where you bought your car. Drive 10 hours if you find what you want at the right price, then have the service done at home. Here are your steps:
    1) Research the invoice price. Include ALL options at invoice as well.
    2) Find out the dealer incentives/holdback for the time period you are going to buy, edmunds does this to some degree, the consumer reports guide for your model is also very helpful but costs $14.
    3) Subtract the holdback from the invoice. This is where you START. Realize at this price the dealer makes little money, you're going to have to give them some of the holdback likely. How much depends on how desperate they are to sell you the car. Invoice is $24,540 on a 2010 SE 4 Motion with no options. Current incentive is $750 for eastern US customers. I can't find the holdback for this month. Letting them keep $200 of the holdback is fair, and a good counter. If you really want the car, consider splitting it, you'll still be under invoice. In your case $23790 would be invoice minus dealer cash. Again, there probably is a holdback as well this month.
    4) Once you have negotiated the selling price, tell them you want to lease, in your case to get the $750 you have to use VW credit, so you could be upfront about that to get to the sell price. Realize the selling price is by far the most important number in the deal.
    5) Double check that the money factor and residual are not inflated. These are set by VW USA, but some dealers may choose to mark these numbers up to make more money in the deal.
    6) Check every line of the lease offer, most of it is negotiable. There will be an acquisition fee of $575, and doc fee of $299. Can't really do anything about those. EVERYTHING else is there is pure dealer profit. Don't fall for scams like glass etching, pin striping, window tinting, detailing, etc. Insist on none of that. If they charge a fee for them to go to the DMV to register it, tell them you'll do it yourself. If they charge for the full tank of gas, tell them to deliver it on E. If they offer 'extra' service at 5000 and 15000 miles, show them the VW recommended service schedule. This is a lease. You don't care about long term reliability! Don't buy gap insurance without a long discussion with your own auto insurance policy. All of these things are done by the finance guy once your deal is "done" with the salesman. The finance guy is the biggest slimeball in the dealership, so go in prepared for war. Fall for nothing. Acquisition and doc fees only!
    7) Once you've survived the dingy back office of the finance guy, you'll have a number, your monthly payment. You will, of course, already know this number because there are multiple lease calculators online. They are worthless unless you know your MSRP, selling price, money factor, and residual.
    8) In general, you should put no money down on a lease. Car companies put out huge ads in the Sunday paper showing how you can lease a BMW or Porsche for $400/month, but if you read the fine print it is usually with about $8000 down. VW does this too, you'll see the Tiguan for $99/month. With a lot down. Don't do it. Take that money and put it in an index fund for the term of the lease. Heck, buy Google stock. Anything but give it away to VW.
  • Thanks very much for this info, k2chad. Follow-up question for you: since the holdback allows dealers to profit only within the first 90 days following the car's order, how can we know how long it's been since the car was ordered? Seems like if I bring it up the dealer can say it's been on the lot for 2 months and so the holdback is reduced by two thirds, and I have no way of pushing back on that. Is there a sale or ship date on the invoice sticker or something?

    Thanks very much in advance.
  • k2chadk2chad Posts: 18
    Should be a build date on the drivers door, but this only tells you when it was built. Takes some time to get to the US, and subsequently delivered. So no real accurate way but you can likely get a general idea if it has either been just delivered, or was built 9 months ago then it has sat a while. Cars can also switch dealers. Inspection sticker may or may not be helpful. Where I am the sticker goes on after purchase. Your state may be different and that would be an easy way to tell. Just look for when it expires.

    A big point about the holdback though is that, like anything, it's not that simple. There are still volume discounts and other incentives that only the dealer knows. So if there is a $5000 bonus for selling 20 Tiguans in a month and they have sold 19, you can get into a great deal, but you will never know that info nor will they disclose it.

    In any case, your best starting price will be invoice minus incentives minus holdback. Shop that price around and then make incremental steps upward.

    VW holdback is 2% of the base MSRP.
  • hpejhpej Posts: 4
    i am trying to lease a car. i got the formulas to figure out a good deal and wanted to see if someone can help. does anybody know the money factor and residual values for the 2010 S tiguan?? are there any cash back deals right now?? below is the quote from the dealer in scottsdale, az

    msrp 26,025
    sale price 24525
    cap reduction (2k down-$992 will go to fees and $1008 for cap reduction)
    residual value 14,313
    money factor 0.00181 (az tax is 8.1%)
    I came up with $323/mo inc tax DEALER offered 349/mo
    DID I DO THIS CORRECT???
    39mo lease
  • Here you go ducat13. Volkswagen Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Tiguan SE 2WD with 15,000 miles per year are .00126 and 49%, respectively. The numbers for an otherwise identical lease of a 2009 model are .00094 and 41%.

    If you were to lease either of these trucks with only 12,000 miles per year, their residuals would be 2% higher.

    Car_man
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  • Hi hpej. Let's work up a lease payment on the Tiguan that you're interested in and see what we come up with. According to mu calculations, if you were to lease a 2010 Tiguan S 2WD that has an MSRP of $26,025 and a selling price of $24,525 through VW Credit right now for 39 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $326.

    I calculated this payment with zero down because it is in your best interest as a consumer to put as little money down as possible when leasing.

    Volkswagen is not currently providing any cash incentives on leases of this truck in your area.

    Car_man
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  • Can I get the lease figures for a 2010 Tiguan SEL (with no added options) 15,000 miles 36 months and 39 months. Thanks.
  • Can I get the lease figures for a 2010 Tiguan SE (with no added options) 12,000 miles 36 months and 39 months. Thanks.
  • Does anyone have the money factor and/or residual value on the 2010 Tiguan.
  • Hi, is it possible to find out what the residual value for a 2010 Tiguan SE w 4Motion, Leather, Navigation and sunroof would be for a 39 month lease with 10k miles per year?

    Thanks for your time.
  • I just picked up a Blue 2009 Tiguan SEL w/ Navigation and Panoramic Sunroof from my local dealer ... this demo had 505 miles on it and had a sticker price of $37800. With all of the current incentives and some wheeling and dealing I got it for $31500 ... a pretty sweet deal. If the price is right I say BUY IT!
  • there is a promotion on until jan 4th. I'm interested in the 4motion sel. any direction appreciated. thanks
  • Here you go, lastory1. VW Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Tiguan SEL 4WD with 15,000 miles per year are .00126 and 47%, respectively.

    The numbers for an otherwise identical 39 month lease are .00131 and 46%.

    Car_man
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This discussion has been closed.