2016 VW Touareg Lease Questions

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  • flyorlando85flyorlando85 Member Posts: 5
    Any April numbers? Looking for a Touareg 36/10 V6 Sport Package. Residual, money factor, and any lease cash...thank you.
  • MichaellMichaell Moderator Posts: 252,700

    Any April numbers? Looking for a Touareg 36/10 V6 Sport Package. Residual, money factor, and any lease cash...thank you.

    VW numbers don't expire until tomorrow, 4/4/16.

    .00060 and 47%. $7000 lease cash.

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  • will1988will1988 Member Posts: 3
    Hi,

       I am in the Los Angeles area and looking for a Touareg lux 2016 with Msrp: 55k, what will be the lease payment that I am looking for? 36month 12k before tax, i currently own an vw too,  thanks
  • kyfdxkyfdx Moderator Posts: 254,128
    will1988 said:

    Hi,

       I am in the Los Angeles area and looking for a Touareg lux 2016 with Msrp: 55k, what will be the lease payment that I am looking for? 36month 12k before tax, i currently own an vw too,  thanks

    .00060 MF and 46% residual. $7000 lease cash.

    The payment will vary, depending on the selling price that you negotiate.

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  • will1988will1988 Member Posts: 3

    Thanks for the info, went in and got the Touareg yesterday. Msrp $56k, $45k SP, .0006mf and 46% 36/12. Got $629+tax, $600 dmv drive off, first month on them. They did a good job and willing to search for the color comb that I want. 
  • MichaellMichaell Moderator Posts: 252,700
    will1988 said:


    Thanks for the info, went in and got the Touareg yesterday. Msrp $56k, $45k SP, .0006mf and 46% 36/12. Got $629+tax, $600 dmv drive off, first month on them. They did a good job and willing to search for the color comb that I want. 

    Congrats on the new VW!

    Thanks for sharing your deal details with us.

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  • lvglgd123lvglgd123 Member Posts: 7
    Looking to buy a 2016 Executive V6 36\12K MSRP $62,100 they offered me MF .001 / RES .46 and a payment of $846. Is this a good deal?
  • MichaellMichaell Moderator Posts: 252,700
    lvglgd123 said:

    Looking to buy a 2016 Executive V6 36\12K MSRP $62,100 they offered me MF .001 / RES .46 and a payment of $846. Is this a good deal?

    Base MF is .00060 this month; dealer is marking it up for a bit of extra profit.

    What is the net cap cost? There is $7000 lease cash available this month.

    And, what state and tax rate is this?

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  • lvglgd123lvglgd123 Member Posts: 7
    edited April 2016
    Netcap is 53500 CA 8.5% - What should I really be expecting here
  • kyfdxkyfdx Moderator Posts: 254,128
    lvglgd123 said:

    Netcap is 53500 CA 8.5% - What should I really be expecting here

    $774/mo.+tax, which is about $840/mo.

    Pretty close, but that's with the marked up money factor.
    With base MF of .00060, you'd save about $35/mo. post tax.

    How much is due at signing? With $7000 in lease cash, not sure that's a great deal.

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  • lvglgd123lvglgd123 Member Posts: 7
    It was $846 to get it out the door... I decided not to buy....
  • lvglgd123lvglgd123 Member Posts: 7
    edited April 2016
    I am being offered the following on 2016 Toureg Exec MSRP of $58,330 and an adjusted Netcap of $47,888. I have asked for 36\15. I am in CA (8.5% Tax) and only out of pocket should just be first month payment. What should I expect in payment here?
  • kyfdxkyfdx Moderator Posts: 254,128
    lvglgd123 said:

    I am being offered the following on 2016 Toureg Exec MSRP of $58,330 and an adjusted Netcap of $47,888. I have asked for 36\15. I am in CA (8.5% Tax) and only out of pocket should just be first month payment. What should I expect in payment here?

    .00060 MF and 44% residual.

    Adding in $1300 for acquisition fee and title/license/doc fees, I get $698/mo.+tax, or about $757/mo.

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  • lvglgd123lvglgd123 Member Posts: 7
    Can you please let me know what I should expect for 36\12 ; Thank you!
  • kyfdxkyfdx Moderator Posts: 254,128
    lvglgd123 said:

    Can you please let me know what I should expect for 36\12 ; Thank you!

    Add 2% to the residual to go from 15K/yr to 12K/yr

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  • gringojamesgringojames Member Posts: 2
    edited April 2016
    Got a deal for $4,500 down, $490/mos, 12k/36mos for 2016 VW Touareg Sport with Tech. Is this competitive?
  • MichaellMichaell Moderator Posts: 252,700

    Got a deal for $4,500 down, $490/mos, 12k/36mos for 2016 VW Touareg Sport with Tech. Is this competitive?

    Don't know. We'll need to know:

    1. MSRP
    2. Adjusted cap cost
    3. State and tax rate
    4. How the $4500 at signing breaks down

    Numbers for 36/12 are .00060 and 46%, and $7000 lease cash

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  • gringojamesgringojames Member Posts: 2
    1. MSRP-$51.035
    2. Adjusted cap cost-$40,037.33
    3. State and tax rate-6.25%
    4. How the $4500 at signing breaks down-$4500 will go towards the first payment of the vehicle and the remainder will go towards the principle
    5. Money Factor-.00060
    6. Residual Value-46%

    Thanks!
  • MichaellMichaell Moderator Posts: 252,700

    1. MSRP-$51.035
    2. Adjusted cap cost-$40,037.33
    3. State and tax rate-6.25%
    4. How the $4500 at signing breaks down-$4500 will go towards the first payment of the vehicle and the remainder will go towards the principle
    5. Money Factor-.00060
    6. Residual Value-46%

    Thanks!

    I get $498 with your numbers ... pretty close, but we don't recommend making a down payment on a lease. If the car is stolen or totaled, you lose that money.

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  • beefei789beefei789 Member Posts: 11
    edited May 2016
    Please kindly provide MF, residual for May program 15k/36 for Executive model in CA. Does the $7000 lease cash still available? If so, how does that work?
  • kyfdxkyfdx Moderator Posts: 254,128
    beefei789 said:

    Please kindly provide MF, residual for May program 15k/36 for Executive model in CA. Does the $7000 lease cash still available? If so, how does that work?

    .00060 MF and 43% residual. $7500 lease cash.

    The lease cash is a dealer incentive. Use that knowledge to negotiate a low purchase price.

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  • beefei789beefei789 Member Posts: 11
    edited May 2016
    kyfdx, thank you so much for the numbers.
  • beefei789beefei789 Member Posts: 11
    edited May 2016
    OK, I'm kind of getting different information from dealer. I'm getting 53% residual and .00060 MF. Am I missing something?

    "here is the quote for May on this Touareg MSRP $61740

    36 month 15k miles with 0 due at signing = $730 all fees and taxes included, drives offs included.

    MF will be .00060 and residual $32,722.20"
  • MichaellMichaell Moderator Posts: 252,700
    beefei789 said:

    OK, I'm kind of getting different information from dealer. I'm getting 53% residual and .00060 MF. Am I missing something?

    "here is the quote for May on this Touareg MSRP $61740

    36 month 15k miles with 0 due at signing = $730 all fees and taxes included, drives offs included.

    MF will be .00060 and residual $32,722.20"

    We'd need to know the selling price or adjusted cap cost to help.

    And, the dealer can't fiddle with the residual amount - it's set by the bank.

    Unless this isn't a VW Credit-sourced lease.

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  • beefei789beefei789 Member Posts: 11
    Michaell said:

    beefei789 said:

    OK, I'm kind of getting different information from dealer. I'm getting 53% residual and .00060 MF. Am I missing something?

    "here is the quote for May on this Touareg MSRP $61740

    36 month 15k miles with 0 due at signing = $730 all fees and taxes included, drives offs included.

    MF will be .00060 and residual $32,722.20"

    We'd need to know the selling price or adjusted cap cost to help.

    And, the dealer can't fiddle with the residual amount - it's set by the bank.

    Unless this isn't a VW Credit-sourced lease.
    You're correct. they did make the mistake.

    MSRP: 61,740

    Selling Price: 52,740 ($7500 leash cash included)

    LoJack (after market): 595

    Fees: 1,151

    Down Payment: 2,000

    Net Cap Cost: 53,442.38

    Residual .43 (26,548.20)

    MF .00060

    Base Monthly: $795

    LA county Tax: $71.55

    Total Payment: $866.60

    Thank you Michaell and kyfdx for the help!!!!
  • MichaellMichaell Moderator Posts: 252,700
    beefei789 said:

    Michaell said:

    beefei789 said:

    OK, I'm kind of getting different information from dealer. I'm getting 53% residual and .00060 MF. Am I missing something?

    "here is the quote for May on this Touareg MSRP $61740

    36 month 15k miles with 0 due at signing = $730 all fees and taxes included, drives offs included.

    MF will be .00060 and residual $32,722.20"

    We'd need to know the selling price or adjusted cap cost to help.

    And, the dealer can't fiddle with the residual amount - it's set by the bank.

    Unless this isn't a VW Credit-sourced lease.
    You're correct. they did make the mistake.

    MSRP: 61,740

    Selling Price: 52,740 ($7500 leash cash included)

    LoJack (after market): 595

    Fees: 1,151

    Down Payment: 2,000

    Net Cap Cost: 53,442.38

    Residual .43 (26,548.20)

    MF .00060

    Base Monthly: $795

    LA county Tax: $71.55

    Total Payment: $866.60

    Thank you Michaell and kyfdx for the help!!!!
    Congrats on the new VW!

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  • beefei789beefei789 Member Posts: 11
    Michaell said:

    beefei789 said:

    Michaell said:

    beefei789 said:

    OK, I'm kind of getting different information from dealer. I'm getting 53% residual and .00060 MF. Am I missing something?

    "here is the quote for May on this Touareg MSRP $61740

    36 month 15k miles with 0 due at signing = $730 all fees and taxes included, drives offs included.

    MF will be .00060 and residual $32,722.20"

    We'd need to know the selling price or adjusted cap cost to help.

    And, the dealer can't fiddle with the residual amount - it's set by the bank.

    Unless this isn't a VW Credit-sourced lease.
    You're correct. they did make the mistake.

    MSRP: 61,740

    Selling Price: 52,740 ($7500 leash cash included)

    LoJack (after market): 595

    Fees: 1,151

    Down Payment: 2,000

    Net Cap Cost: 53,442.38

    Residual .43 (26,548.20)

    MF .00060

    Base Monthly: $795

    LA county Tax: $71.55

    Total Payment: $866.60

    Thank you Michaell and kyfdx for the help!!!!
    Congrats on the new VW!
    I got the RX350 instead :smile:
  • pdsinghpdsingh Member Posts: 5
    edited May 2016
    Hello!

    New to the forums. Looking for MF and RV for 2016 Lux model for VA for May..

    Any idea what might be the MF and RV for June?

    On 36 months and 12k
  • MichaellMichaell Moderator Posts: 252,700
    pdsingh said:

    Hello!

    New to the forums. Looking for MF and RV for 2016 Lux model for VA for May..

    Any idea what might be the MF and RV for June?

    On 36 months and 12k

    .00060 and 45%. $7500 lease cash.

    No insight how the numbers might change next month.

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  • pdsinghpdsingh Member Posts: 5
    Thank you!

    Is this a good deal?

    2016 Lux 36 M 12k/yr
    Taxes, Reg + Title, Acq Fee and first payment upfront at 519/month

    MSRP 55505, negotiated at 42209

    Thanks.
    Michaell said:

    pdsingh said:

    Hello!

    New to the forums. Looking for MF and RV for 2016 Lux model for VA for May..

    Any idea what might be the MF and RV for June?

    On 36 months and 12k

    .00060 and 45%. $7500 lease cash.

    No insight how the numbers might change next month.
  • MichaellMichaell Moderator Posts: 252,700
    pdsingh said:

    Thank you!

    Is this a good deal?

    2016 Lux 36 M 12k/yr
    Taxes, Reg + Title, Acq Fee and first payment upfront at 519/month

    MSRP 55505, negotiated at 42209

    Thanks.


    Michaell said:

    pdsingh said:

    Hello!

    New to the forums. Looking for MF and RV for 2016 Lux model for VA for May..

    Any idea what might be the MF and RV for June?

    On 36 months and 12k

    .00060 and 45%. $7500 lease cash.

    No insight how the numbers might change next month.
    I agree with the math at $519/mo

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  • bostoetlbostoetl Member Posts: 11
    Do you have June numbers for 2016 Lux 36 M 12k/yr? Residual, lease factor, etc
  • MichaellMichaell Moderator Posts: 252,700
    bostoetl said:

    Do you have June numbers for 2016 Lux 36 M 12k/yr? Residual, lease factor, etc

    .00060 and 45%. $7500 lease cash.

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  • bostoetlbostoetl Member Posts: 11
    Michaell said:

    bostoetl said:

    Do you have June numbers for 2016 Lux 36 M 12k/yr? Residual, lease factor, etc

    .00060 and 45%. $7500 lease cash.
    Thanks you! What would change if we did a 10K/yr lease for 3 yrs?
  • MichaellMichaell Moderator Posts: 252,700
    bostoetl said:

    Michaell said:

    bostoetl said:

    Do you have June numbers for 2016 Lux 36 M 12k/yr? Residual, lease factor, etc

    .00060 and 45%. $7500 lease cash.
    Thanks you! What would change if we did a 10K/yr lease for 3 yrs?
    46% residual.

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  • andnacbrandnacbr Member Posts: 57
    What are the numbers for PA 36 months and 15k on the LUX Touareg? How do I apply the $7500 lease cash, on the Net Cap?
  • MichaellMichaell Moderator Posts: 252,700
    andnacbr said:

    What are the numbers for PA 36 months and 15k on the LUX Touareg? How do I apply the $7500 lease cash, on the Net Cap?

    .00060 and 43%. Use the knowledge of the $7500 lease cash to negotiate your best price.

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  • stlacurastlacura Member Posts: 26
    Why are the residuals so low on the Toureg? Are the MSRPs over-inflated?
  • kyfdxkyfdx Moderator Posts: 254,128
    stlacura said:

    Why are the residuals so low on the Toureg? Are the MSRPs over-inflated?

    I prefer to think that the residuals are realistic.

    VW makes up for it, by providing $7500 of lease cash.

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  • chhz2012chhz2012 Member Posts: 7
    Hello moderator, I got the following quote:

    MSRP: $55180
    Final Negotiate Net Price: $40526
    for 36 months, 15000 miles per year
    and I am in Texas

    Dealer offers $ 650 per month plus $2000 down payment.
    I think this price is ridiculous high but dealer refused to any lower.

    Please help to see whether this price is right, thanks.



  • kyfdxkyfdx Moderator Posts: 254,128
    chhz2012 said:

    Hello moderator, I got the following quote:

    MSRP: $55180
    Final Negotiate Net Price: $40526
    for 36 months, 15000 miles per year
    and I am in Texas

    Dealer offers $ 650 per month plus $2000 down payment.
    I think this price is ridiculous high but dealer refused to any lower.

    Please help to see whether this price is right, thanks.

    .00060 MF and 43% residual. $7500 lease cash.

    Add in tax of about $2550 and I get $577/mo.

    That's assuming the $2000 covers 1st payment acquisition fee, DMV fees (which it should do easily, with some leftover).

    So, yeah... even in Texas with the high lease taxes, $650/mo. is too much.

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  • chhz2012chhz2012 Member Posts: 7
    kyfdx said:

    chhz2012 said:

    Hello moderator, I got the following quote:

    MSRP: $55180
    Final Negotiate Net Price: $40526
    for 36 months, 15000 miles per year
    and I am in Texas

    Dealer offers $ 650 per month plus $2000 down payment.
    I think this price is ridiculous high but dealer refused to any lower.

    Please help to see whether this price is right, thanks.

    .00060 MF and 43% residual. $7500 lease cash.

    Add in tax of about $2550 and I get $577/mo.

    That's assuming the $2000 covers 1st payment acquisition fee, DMV fees (which it should do easily, with some leftover).

    So, yeah... even in Texas with the high lease taxes, $650/mo. is too much.
    Thanks for this.

    Can you give me a monthly payment with 0 down?

    Thanks
  • MichaellMichaell Moderator Posts: 252,700
    chhz2012 said:

    kyfdx said:

    chhz2012 said:

    Hello moderator, I got the following quote:

    MSRP: $55180
    Final Negotiate Net Price: $40526
    for 36 months, 15000 miles per year
    and I am in Texas

    Dealer offers $ 650 per month plus $2000 down payment.
    I think this price is ridiculous high but dealer refused to any lower.

    Please help to see whether this price is right, thanks.

    .00060 MF and 43% residual. $7500 lease cash.

    Add in tax of about $2550 and I get $577/mo.

    That's assuming the $2000 covers 1st payment acquisition fee, DMV fees (which it should do easily, with some leftover).

    So, yeah... even in Texas with the high lease taxes, $650/mo. is too much.
    Thanks for this.

    Can you give me a monthly payment with 0 down?

    Thanks
    If you roll in the fees, the payment will go up about $60/mo.

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  • yogimamayogimama Member Posts: 12
    Hello, are July numbers available yet? Looking for MF, residual and lease cash for 36/12 lease on the V6 Lux in WA state. Thank you!
  • kyfdxkyfdx Moderator Posts: 254,128
    yogimama said:

    Hello, are July numbers available yet? Looking for MF, residual and lease cash for 36/12 lease on the V6 Lux in WA state. Thank you!

    New program starts on Wednesday. Not available, yet.

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  • yogimamayogimama Member Posts: 12
    Ok thanks! Will write back later this week:)
  • yogimamayogimama Member Posts: 12
    Hello, following up to see if July numbers are available yet? Looking for MF, residual and lease cash for 36/12 lease on the V6 in Lux and Exec trims in WA state. Thank you!
  • MichaellMichaell Moderator Posts: 252,700
    yogimama said:

    Hello, following up to see if July numbers are available yet? Looking for MF, residual and lease cash for 36/12 lease on the V6 in Lux and Exec trims in WA state. Thank you!

    .00055 and 44%. $7750 lease cash

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  • yogimamayogimama Member Posts: 12
    Thank you! Just confirming, numbers are same for both Lux and Exec trims?
  • kyfdxkyfdx Moderator Posts: 254,128
    yogimama said:

    Thank you! Just confirming, numbers are same for both Lux and Exec trims?

    All Touaregs have the same program, this month.

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