2014 Volkswagen Tiguan Lease Questions

Michaell

ikramerica said:

Just signed on 2/2 for an SE/Appearance 2WD in SoCal. We found the exact color we wanted and dealer traded for it 100 miles away.
I had done all the math and figured the payment based on the trade equity covering the upfront taxes and registration (so I'm not taxed twice on a tax) and acquisition and I think there was a net $75 cap reduction, and paid the first payment only as drive-off (actually $321+$1150 in trade). I figured this using a very accurate calculator I created at $320.50.

When the deal was done, I had used the 1 day, not 10 day payoff on the loan in my calcs so it upped the payment to $321 for 36 months. This was explained by the dealer when he checked with Chase, as he said they can't do the payoff in 1 day, it usually takes a week or more, so they always use the 10 day. $14 difference wasn't going to break me.

BUT: I didn't really care about MF vs. Cap Cost on their paperwork because I knew what the right final numbers should be, and for some reason the dealer chose to discount the car further than I had asked and increase the money factor to make it up. The payment was identical, the drive-off identical, etc.

Why would a dealer prefer to have a higher "dealer contribution" and lower Cap Cost and inflate the MF? Is there a tax or profit benefit to them to do that? To me, $321 per month with $321 driveoff is the same either way and was my "best case" deal going in so I was happy. Just wonder what is in it for them?

The dealer may get more on the back end by inflating the MF than they do on the selling price. Same difference for you, payment wise, but more revenue to the dealer.

kyfdx

ikramerica said:

J

Why would a dealer prefer to have a higher "dealer contribution" and lower Cap Cost and inflate the MF? Is there a tax or profit benefit to them to do that? To me, $321 per month with $321 driveoff is the same either way and was my "best case" deal going in so I was happy. Just wonder what is in it for them?

Less commission for the salesperson, and more for the F&I office..

damnyankees

Can I get February numbers on a 2015 Tiguan R-line 2.0T, please? 36/12. I'm in CT. Thanks!

Michaell

damnyankees said:

Can I get February numbers on a 2015 Tiguan R-line 2.0T, please? 36/12. I'm in CT. Thanks!

.00015 and 53%. $2750 lease cash.

caren1

Can I get the money factor and residual for the SEL Tiguan FWD, 36/12    Florida

Thanks

Michaell

caren1 said:

Can I get the money factor and residual for the SEL Tiguan FWD, 36/12    Florida

Thanks

.00015 and 56%. $3000 lease cash.

luvmyeskies

Could I please get the MF and Residual for the S and SE - 4Motion only, 36/10, in Nebraska? (36/12 will work if that is the VW standard).

Michaell

luvmyeskies said:

Could I please get the MF and Residual for the S and SE - 4Motion only, 36/10, in Nebraska? (36/12 will work if that is the VW standard).

S - .00015 and 58% for 36/10. $3250 lease cash.

SE - same MF. Subtract 1% on the residual. $3000 lease cash.

PF_Flyer

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