2017 VW Tiguan Lease Questions

Michaell

jcarrizo said:

Michaell said:

jcarrizo said:

Hello - been following this thread for a while now and found it extremely helpful. Thank you!

Can someone please provide this months MF and Residual for a Tiguan Wolfsburg FWD and AWD at 12K and 15K miles? Credit would be A+ tier for the MF and lease term would be 36 months.

Available lease cash would be helpful too.

Thanks in advance for your help

36/15 - .00001 and 49%. $3750 lease cash.

Add 2% for 12K

Both FWD and AWD have the same numbers, this month.

Thank Michael! Do you happen to know why the residual is so low this month? Last month the I read the residual for a Wolfsburg 36/12 was 56% and this month its looking like 51%.

Any insight would be helpful.

No clue - marketing and finance folks fighting it out, I suppose.

danilo_u

Could you please provide MF and residual for Wolfsburg and Sport with 36/12 in CA.
If possible for the VW Foreign business program.

kyfdx

danilo_u said:

Could you please provide MF and residual for Wolfsburg and Sport with 36/12 in CA.
If possible for the VW Foreign business program.

Wolfsburg: .00001 MF and 51% residual. $3750 lease cash
Sport: .00001 MF and 53% residual. $2250 lease cash

nomad317

Whoops, accidentally posted on the 2016 thread...

Checking on the MF/Res AWD SEL 36k/12mo in Indiana plus any incentives. Thank you!

kyfdx

nomad317 said:

Whoops, accidentally posted on the 2016 thread...

Checking on the MF/Res AWD SEL 36k/12mo in Indiana plus any incentives. Thank you!

.00001 MF and 50% residual. $2750 lease cash

tandersen1971

What is the MF/Res 2017 Tiguan Sport W/4Motion in Iowa and any Incentives? Thanks!

tandersen1971

sorry 36mo/12k and 36mo/10k

Michaell

tandersen1971 said:

What is the MF/Res 2017 Tiguan Sport W/4Motion in Iowa and any Incentives? Thanks!

tandersen1971 said:

sorry 36mo/12k and 36mo/10k

.00001 and 53% / 54%

$2250 lease cash.

ze_autobahn

Hi Michael,

Can you please provide the MF and residual for a 2017Tiguan Sport 4-motion for Colorado? My credit score is 757 and I currently have a lease on 2014 GTI that matures in April. I was contacted by a local dealer regarding a lease pull through program and I'm not sure what other incentives are currently available. Thanks in advance!!

kyfdx

ze_autobahn said:

Hi Michael,

Can you please provide the MF and residual for a 2017Tiguan Sport 4-motion for Colorado? My credit score is 757 and I currently have a lease on 2014 GTI that matures in April. I was contacted by a local dealer regarding a lease pull through program and I'm not sure what other incentives are currently available. Thanks in advance!!

.00001 MF and 49% residual for 36/15.
$2250 lease cash.

ze_autobahn

Thanks!
Sorry forgot to ask for 36/12 and 36/10.
And does the lease cash come off the list price?

Thanks,

Ron

kyfdx

ze_autobahn said:

Thanks!
Sorry forgot to ask for 36/12 and 36/10.
And does the lease cash come off the list price?

Thanks,

Ron

Add 2% or 3%

Lease cash is a VW-to-dealer incentive. Use your knowledge of it to negotiate a lower selling price.

m4m4v4n4

Hi, is there any information you can share about current lease terms in Seattle? I'm just starting my local research. Thanks.

Michaell

m4m4v4n4 said:

Hi, is there any information you can share about current lease terms in Seattle? I'm just starting my local research. Thanks.

What trim?

What lease term?

How many miles per year?

Any information we provide expires at the end of the day tomorrow. February numbers should be available later this week.

belfatto

Hello, could I have the MF, Residual Value, and any incentives for a 2017 Tiguan Wolfsburg and Sport 4motion. Buffalo NY 14120, 36/12k. Thanks!

Michaell

belfatto said:

Hello, could I have the MF, Residual Value, and any incentives for a 2017 Tiguan Wolfsburg and Sport 4motion. Buffalo NY 14120, 36/12k. Thanks!

.00001 and 51% (Wolfsburg) or 53% (Sport)

$3750 lease cash on WB; $2250 on Sport

glades87

Hey Everyone,

What a great resource this forum is!

I'm interested to know what you think about this lease offer for a 2017 Tiguan 4Motion Wolfsburg Edition:

$287/month, only first month's payment out of pocket

MSRP: $33,475
Selling Price: $25944.55
Government Fees: $308.50
Proc/Doc Fees: $439
Accessories: $329 (looks like this is the window etch)
Capitalized Taxes: $745.37
Acq Fee: $625
Gross Capitalized Cost: $27,643.91
Residual Value: $17,072
Rebate: $1,000
Cash Cap Reduction: $287
Net Cap Cost: $27,391.49

Thanks to all who contribute!

Michaell

glades87 said:

Hey Everyone,

What a great resource this forum is!

I'm interested to know what you think about this lease offer for a 2017 Tiguan 4Motion Wolfsburg Edition:

$287/month, only first month's payment out of pocket

MSRP: $33,475
Selling Price: $25944.55
Government Fees: $308.50
Proc/Doc Fees: $439
Accessories: $329 (looks like this is the window etch)
Capitalized Taxes: $745.37
Acq Fee: $625
Gross Capitalized Cost: $27,643.91
Residual Value: $17,072
Rebate: $1,000
Cash Cap Reduction: $287
Net Cap Cost: $27,391.49

Thanks to all who contribute!

I get the same payment, with those numbers.

Looks like a great payment, relative to MSRP.

glades87

Michaell said:

Hey Everyone, What a great resource this forum is! I'm interested to know what you think about this lease offer for a 2017 Tiguan 4Motion Wolfsburg Edition: $287/month, only first month's payment out of pocket MSRP: $33,475 Selling Price: $25944.55 Government Fees: $308.50 Proc/Doc Fees: $439 Accessories: $329 (looks like this is the window etch) Capitalized Taxes: $745.37 Acq Fee: $625 Gross Capitalized Cost: $27,643.91 Residual Value: $17,072 Rebate: $1,000 Cash Cap Reduction: $287 Net Cap Cost: $27,391.49 Thanks to all who contribute!

I get the same payment, with those numbers. Looks like a great payment, relative to MSRP.

Thank you for the feedback Michaell!  I can't seem to get my number to match up perfectly, but I'm probably just a little off with plugging everything in to the calculator.

They did start much higher, but it still seemed too easy to get to this point.  It makes me wonder, is there still some room there somewhere?

kyfdx

glades87 said:

Michaell said:

glades87 said:

Hey Everyone,

What a great resource this forum is!

I'm interested to know what you think about this lease offer for a 2017 Tiguan 4Motion Wolfsburg Edition:

$287/month, only first month's payment out of pocket

MSRP: $33,475
Selling Price: $25944.55
Government Fees: $308.50
Proc/Doc Fees: $439
Accessories: $329 (looks like this is the window etch)
Capitalized Taxes: $745.37
Acq Fee: $625
Gross Capitalized Cost: $27,643.91
Residual Value: $17,072
Rebate: $1,000
Cash Cap Reduction: $287
Net Cap Cost: $27,391.49

Thanks to all who contribute!

I get the same payment, with those numbers.

Looks like a great payment, relative to MSRP.

Thank you for the feedback Michaell!  I can't seem to get my number to match up perfectly, but I'm probably just a little off with plugging everything in to the calculator.

They did start much higher, but it still seemed too easy to get to this point.  It makes me wonder, is there still some room there somewhere?

That's an amazing price. What is the term/mileage? 36/10?

glades87

kyfdx said:

Michaell said:

Hey Everyone, What a great resource this forum is! I'm interested to know what you think about this lease offer for a 2017 Tiguan 4Motion Wolfsburg Edition: $287/month, only first month's payment out of pocket MSRP: $33,475 Selling Price: $25944.55 Government Fees: $308.50 Proc/Doc Fees: $439 Accessories: $329 (looks like this is the window etch) Capitalized Taxes: $745.37 Acq Fee: $625 Gross Capitalized Cost: $27,643.91 Residual Value: $17,072 Rebate: $1,000 Cash Cap Reduction: $287 Net Cap Cost: $27,391.49 Thanks to all who contribute!

I get the same payment, with those numbers. Looks like a great payment, relative to MSRP.

Thank you for the feedback Michaell!  I can't seem to get my number to match up perfectly, but I'm probably just a little off with plugging everything in to the calculator.

They did start much higher, but it still seemed too easy to get to this point.  It makes me wonder, is there still some room there somewhere?

That's an amazing price. What is the term/mileage? 36/10?

Hey kyfdx,

Thanks!  It's 36/12

kyfdx

glades87 said:

kyfdx said:

glades87 said:

Michaell said:

glades87 said:

Hey Everyone,

What a great resource this forum is!

I'm interested to know what you think about this lease offer for a 2017 Tiguan 4Motion Wolfsburg Edition:

$287/month, only first month's payment out of pocket

MSRP: $33,475
Selling Price: $25944.55
Government Fees: $308.50
Proc/Doc Fees: $439
Accessories: $329 (looks like this is the window etch)
Capitalized Taxes: $745.37
Acq Fee: $625
Gross Capitalized Cost: $27,643.91
Residual Value: $17,072
Rebate: $1,000
Cash Cap Reduction: $287
Net Cap Cost: $27,391.49

Thanks to all who contribute!

I get the same payment, with those numbers.

Looks like a great payment, relative to MSRP.

Thank you for the feedback Michaell!  I can't seem to get my number to match up perfectly, but I'm probably just a little off with plugging everything in to the calculator.

They did start much higher, but it still seemed too easy to get to this point.  It makes me wonder, is there still some room there somewhere?

That's an amazing price. What is the term/mileage? 36/10?

Hey kyfdx,

Thanks!  It's 36/12

You should already have it in your driveway.

Where is your general location?

glades87

kyfdx said:

kyfdx said:

Michaell said:

Hey Everyone, What a great resource this forum is! I'm interested to know what you think about this lease offer for a 2017 Tiguan 4Motion Wolfsburg Edition: $287/month, only first month's payment out of pocket MSRP: $33,475 Selling Price: $25944.55 Government Fees: $308.50 Proc/Doc Fees: $439 Accessories: $329 (looks like this is the window etch) Capitalized Taxes: $745.37 Acq Fee: $625 Gross Capitalized Cost: $27,643.91 Residual Value: $17,072 Rebate: $1,000 Cash Cap Reduction: $287 Net Cap Cost: $27,391.49 Thanks to all who contribute!

I get the same payment, with those numbers. Looks like a great payment, relative to MSRP.

Thank you for the feedback Michaell!  I can't seem to get my number to match up perfectly, but I'm probably just a little off with plugging everything in to the calculator.

They did start much higher, but it still seemed too easy to get to this point.  It makes me wonder, is there still some room there somewhere?

That's an amazing price. What is the term/mileage? 36/10?

Hey kyfdx,

Thanks!  It's 36/12

You should already have it in your driveway. Where is your general location?

Just messaged you regarding location 

You're probably right!  At this point I think the main thing holding me back is the redesigned 2018 Tiguan.  I believe it's going to be available in the next few months?  Any idea how good the rates, residuals, lease cash, etc. are now compared to what is typically seen with this car?  Or compared to when newly redesigned models debut?

Michaell

glades87 said:

kyfdx said:

kyfdx said:

Michaell said:

Hey Everyone,

What a great resource this forum is!

I'm interested to know what you think about this lease offer for a 2017 Tiguan 4Motion Wolfsburg Edition:

$287/month, only first month's payment out of pocket

MSRP: $33,475
Selling Price: $25944.55
Government Fees: $308.50
Proc/Doc Fees: $439
Accessories: $329 (looks like this is the window etch)
Capitalized Taxes: $745.37
Acq Fee: $625
Gross Capitalized Cost: $27,643.91
Residual Value: $17,072
Rebate: $1,000
Cash Cap Reduction: $287
Net Cap Cost: $27,391.49

Thanks to all who contribute!

I get the same payment, with those numbers.

Looks like a great payment, relative to MSRP.

Thank you for the feedback Michaell!  I can't seem to get my number to match up perfectly, but I'm probably just a little off with plugging everything in to the calculator.

They did start much higher, but it still seemed too easy to get to this point.  It makes me wonder, is there still some room there somewhere?

That's an amazing price. What is the term/mileage? 36/10?

Hey kyfdx,

Thanks!  It's 36/12

You should already have it in your driveway.

Where is your general location?

Just messaged you regarding location 

You're probably right!  At this point I think the main thing holding me back is the redesigned 2018 Tiguan.  I believe it's going to be available in the next few months?  Any idea how good the rates, residuals, lease cash, etc. are now compared to what is typically seen with this car?  Or compared to when newly redesigned models debut?

The MF is as good as it's ever going to get, and the residual is likely to go down when the new model arrives.

beardtw12

Do you have Feb numbers yet? Looking for RV/MF for 2017 S and S 4Motion. 36/10K and 12K. Cincinnati area. Thank you!

Michaell

beardtw12 said:

Do you have Feb numbers yet? Looking for RV/MF for 2017 S and S 4Motion. 36/10K and 12K. Cincinnati area. Thank you!

.00001 and 56% / 55%.

$2250 lease cash

Both FWD and 4Motion

beardtw12

Michaell said:

beardtw12 said:

Do you have Feb numbers yet? Looking for RV/MF for 2017 S and S 4Motion. 36/10K and 12K. Cincinnati area. Thank you!

.00001 and 56% / 55%.

$2250 lease cash

Both FWD and 4Motion

Thank you

m4m4v4n4

Following up with a little more detail on my earlier inquiry. Looking for February information on Wolfsburg and S4Motion for a 36m/10K in Seattle. Thanks!

Michaell

m4m4v4n4 said:

Following up with a little more detail on my earlier inquiry. Looking for February information on Wolfsburg and S4Motion for a 36m/10K in Seattle. Thanks!

.00001 and 56% (S) or 52% (Wolfsburg)

$2250 lease cash on S; $4500 on Wolfsburg

ze_autobahn

2017 Tiguan Sport 36mo/12k lease in Colorado-They are dealing on Tiguans right now!

Hey guys using the info from this forum I was able to negotiate the following on a Tiguan Sport model on Jan 31st. I really wanted the Sport model for the power seats, leather upholstery, 18" wheels and the Xenon lights. It comes with NAV too which I don't really need since I have my iphone connected via-Car-Play. I got the Reflex Silver with Black Leather interior. I worked with Al Serra VW here in Colorado Springs but got competing quotes from a couple of dealers in Denver as well as a Price Promise offer from Edmunds.

Negotiated sales price $29,977 sales price off $36,090 MSRP

Included the following options,
Power Front seats & mirror upgrade $610.00
Rear view mirror w/ homelink $325.00
Monster mats w/trunk liner + cargo blocks $235.00
Roadside assistance kit $85.00

Used the $1k VW Loyalty rebate with $0 security deposit

Traded in my 2104 GTI with two remaining lease payments of $257.66 and a residual of 14,715.
I didn't have to pay the disposition fee of $350 and the 30k service was due which I put off since I only had 28,8xx miles on the car which saved $200-$300.
I calculated $15,563 trade in value here on Edmunds.
They gave me $16,450 for my car which gave me $1,255 equity in my GTI.

I put down $1,500 in drive off costs which covered first payment, taxes, etc.

Total cap reduction of $3,343.61

January Lease Numbers
36mo 12k miles
.00001 MF
51% residual = $18,405.90

Monthly payment is $251.95 including taxes which is $5.71 less than my old GTI monthly payment.
I could have probably been a bit more aggressive but I think I got a pretty fair deal.
They are clearly wanting to move these out before the new model hits showrooms later this year.
I really wanted an Alltrack SEL but the numbers weren't great and I couldn't pass up this deal.

Thanks to Michaell and kyfdx for the help!

Michaell

ze_autobahn said:

2017 Tiguan Sport 36mo/12k lease in Colorado-They are dealing on Tiguans right now!

Hey guys using the info from this forum I was able to negotiate the following on a Tiguan Sport model on Jan 31st. I really wanted the Sport model for the power seats, leather upholstery, 18" wheels and the Xenon lights. It comes with NAV too which I don't really need since I have my iphone connected via-Car-Play. I got the Reflex Silver with Black Leather interior. I worked with Al Serra VW here in Colorado Springs but got competing quotes from a couple of dealers in Denver as well as a Price Promise offer from Edmunds.

Negotiated sales price $29,977 sales price off $36,090 MSRP

Included the following options,
Power Front seats & mirror upgrade $610.00
Rear view mirror w/ homelink $325.00
Monster mats w/trunk liner + cargo blocks $235.00
Roadside assistance kit $85.00

Used the $1k VW Loyalty rebate with $0 security deposit

Traded in my 2104 GTI with two remaining lease payments of $257.66 and a residual of 14,715.
I didn't have to pay the disposition fee of $350 and the 30k service was due which I put off since I only had 28,8xx miles on the car which saved $200-$300.
I calculated $15,563 trade in value here on Edmunds.
They gave me $16,450 for my car which gave me $1,255 equity in my GTI.

I put down $1,500 in drive off costs which covered first payment, taxes, etc.

Total cap reduction of $3,343.61

January Lease Numbers
36mo 12k miles
.00001 MF
51% residual = $18,405.90

Monthly payment is $251.95 including taxes which is $5.71 less than my old GTI monthly payment.
I could have probably been a bit more aggressive but I think I got a pretty fair deal.
They are clearly wanting to move these out before the new model hits showrooms later this year.
I really wanted an Alltrack SEL but the numbers weren't great and I couldn't pass up this deal.

Thanks to Michaell and kyfdx for the help!

Congrats! The lease deals are much better on the Tiguan than the Alltrack.

$250/mo is a great payment on a $36,000 vehicle.

axel_foley_jr

Good Morning, Can you send over lease numbers for a 2017 Tiguan S in the Philadelphia area? Is there a 7,500 miles/year option? Any lease cash? Is that able to be combined with $1k VW loyalty? Thanks!

kyfdx

axel_foley_jr said:

Good Morning, Can you send over lease numbers for a 2017 Tiguan S in the Philadelphia area? Is there a 7,500 miles/year option? Any lease cash? Is that able to be combined with $1k VW loyalty? Thanks!

.00001 MF and 56% residual for 36/10.
$2250 lease cash
Should be stackable with loyalty.

beardtw12

Thoughts on this deal?

2017 VW Wolfsburg FWD
36/10
MSRP $31,310
Residual $16,281
Sale Price: $25,000
MF .00001
Adjusted Cap Cost $26,682 (Live in Ohio, rolled all taxes and fees into payment, no money down)
$0 drive off cost - they will cover the first month payment
35 monthly payments due of $307

konojoe

Hello from San Francisco. I am seeking the lease numbers for Feb. In SF for a SEL. MY WIFE and I both have tier 1 + credit. We seek a 36 mo/ 12k deal. What are the relevant MF and residual numbers as well as any applicable dealer cash.

axel_foley_jr

kyfdx said:

axel_foley_jr said:

Good Morning, Can you send over lease numbers for a 2017 Tiguan S in the Philadelphia area? Is there a 7,500 miles/year option? Any lease cash? Is that able to be combined with $1k VW loyalty? Thanks!

.00001 MF and 56% residual for 36/10.
$2250 lease cash
Should be stackable with loyalty.

Thanks! Is 7500 miles/year an option with VW leasing?

Michaell

axel_foley_jr said:

kyfdx said:

axel_foley_jr said:

Good Morning, Can you send over lease numbers for a 2017 Tiguan S in the Philadelphia area? Is there a 7,500 miles/year option? Any lease cash? Is that able to be combined with $1k VW loyalty? Thanks!

.00001 MF and 56% residual for 36/10.
$2250 lease cash
Should be stackable with loyalty.

Thanks! Is 7500 miles/year an option with VW leasing?

No

Michaell

konojoe said:

Hello from San Francisco. I am seeking the lease numbers for Feb. In SF for a SEL. MY WIFE and I both have tier 1 + credit. We seek a 36 mo/ 12k deal. What are the relevant MF and residual numbers as well as any applicable dealer cash.

.00001 and 50%. $4000 lease cash.

Michaell

beardtw12 said:

Thoughts on this deal?

2017 VW Wolfsburg FWD
36/10
MSRP $31,310
Residual $16,281
Sale Price: $25,000
MF .00001
Adjusted Cap Cost $26,682 (Live in Ohio, rolled all taxes and fees into payment, no money down)
$0 drive off cost - they will cover the first month payment
35 monthly payments due of $307

I get $289/mo with those numbers

Either the MF is marked up or the cap cost is incorrect.

konojoe

Thank you so much. We are out to do battle this week!

Michaell

konojoe said:

Thank you so much. We are out to do battle this week!

Don't think of it as a battle. Be polite and honest and stick to your guns regarding price and other numbers. Some very great deals out there on the Tiguan. Read back through the last page or two of this discussion to see.

beardtw12

Michaell said:

Thoughts on this deal?

2017 VW Wolfsburg FWD
36/10
MSRP $31,310
Residual $16,281
Sale Price: $25,000
MF .00001
Adjusted Cap Cost $26,682 (Live in Ohio, rolled all taxes and fees into payment, no money down)
$0 drive off cost - they will cover the first month payment
35 monthly payments due of $307

I get $289/mo with those numbers Either the MF is marked up or the cap cost is incorrect.

Darn you're right. Looks like they marked up MF to .0004. Unfortunately I signed the lease today. With top tier credit, I'm a bit disappointed that they did that. Also disappointed that I didn't catch it. I'm thinking about calling them tomorrow and addressing it with them. Hoping that the Customer Satisfaction survey might give me some leverage to have them fix it but we'll see. $307 is acceptable but $289 sounds a lot better. 

Michaell

beardtw12 said:

Michaell said:

beardtw12 said:

Thoughts on this deal?

2017 VW Wolfsburg FWD
36/10
MSRP $31,310
Residual $16,281
Sale Price: $25,000
MF .00001
Adjusted Cap Cost $26,682 (Live in Ohio, rolled all taxes and fees into payment, no money down)
$0 drive off cost - they will cover the first month payment
35 monthly payments due of $307

I get $289/mo with those numbers

Either the MF is marked up or the cap cost is incorrect.

Darn you're right. Looks like they marked up MF to .0004. Unfortunately I signed the lease today. With top tier credit, I'm a bit disappointed that they did that. Also disappointed that I didn't catch it. I'm thinking about calling them tomorrow and addressing it with them. Hoping that the Customer Satisfaction survey might give me some leverage to have them fix it but we'll see. $307 is acceptable but $289 sounds a lot better. 

That's almost $650. Perhaps you can negotiate service credit or some parts to make up the difference.

Not sure they can rewrite the contract, but it doesn't hurt to ask.

rest0r1

Good morning, could I have the MF, RV, and any incentives for a 2017 Tiguan Wolfsburg and Sport 4motion. Westchester, NY, 36/12 and 24/12. Thanks!

Michaell

rest0r1 said:

Good morning, could I have the MF, RV, and any incentives for a 2017 Tiguan Wolfsburg and Sport 4motion. Westchester, NY, 36/12 and 24/12. Thanks!

.00001 and 51% / 58% (Wolfsburg) or 53% / 60% (Sport)

$4500 lease cash on the Wolfsburg and $3000 on the Sport

beardtw12

Michaell said:

beardtw12 said:

Michaell said:

beardtw12 said:

Thoughts on this deal?

2017 VW Wolfsburg FWD
36/10
MSRP $31,310
Residual $16,281
Sale Price: $25,000
MF .00001
Adjusted Cap Cost $26,682 (Live in Ohio, rolled all taxes and fees into payment, no money down)
$0 drive off cost - they will cover the first month payment
35 monthly payments due of $307

I get $289/mo with those numbers

Either the MF is marked up or the cap cost is incorrect.

Darn you're right. Looks like they marked up MF to .0004. Unfortunately I signed the lease today. With top tier credit, I'm a bit disappointed that they did that. Also disappointed that I didn't catch it. I'm thinking about calling them tomorrow and addressing it with them. Hoping that the Customer Satisfaction survey might give me some leverage to have them fix it but we'll see. $307 is acceptable but $289 sounds a lot better. 

That's almost $650. Perhaps you can negotiate service credit or some parts to make up the difference.

Not sure they can rewrite the contract, but it doesn't hurt to ask.

I emailed the Sales Manager and was pleasantly surprised by his reply...he claimed that their system didn't update with the Tier 1 rate (.00001) before my paperwork went over to the Finance Department. I'm not really buying that excuse since we discussed Tier 1 pricing from the start, but regardless, he is having me come back in to redo the contract with the .00001 MF instead of the marked up .000427. So thank you Michaell for catching it and helping!

Michaell

beardtw12 said:

Michaell said:

beardtw12 said:

Michaell said:

beardtw12 said:

Thoughts on this deal?

2017 VW Wolfsburg FWD
36/10
MSRP $31,310
Residual $16,281
Sale Price: $25,000
MF .00001
Adjusted Cap Cost $26,682 (Live in Ohio, rolled all taxes and fees into payment, no money down)
$0 drive off cost - they will cover the first month payment
35 monthly payments due of $307

I get $289/mo with those numbers

Either the MF is marked up or the cap cost is incorrect.

Darn you're right. Looks like they marked up MF to .0004. Unfortunately I signed the lease today. With top tier credit, I'm a bit disappointed that they did that. Also disappointed that I didn't catch it. I'm thinking about calling them tomorrow and addressing it with them. Hoping that the Customer Satisfaction survey might give me some leverage to have them fix it but we'll see. $307 is acceptable but $289 sounds a lot better. 

That's almost $650. Perhaps you can negotiate service credit or some parts to make up the difference.

Not sure they can rewrite the contract, but it doesn't hurt to ask.

I emailed the Sales Manager and was pleasantly surprised by his reply...he claimed that their system didn't update with the Tier 1 rate (.00001) before my paperwork went over to the Finance Department. I'm not really buying that excuse since we discussed Tier 1 pricing from the start, but regardless, he is having me come back in to redo the contract with the .00001 MF instead of the marked up .000427. So thank you Michaell for catching it and helping!

Excellent news! Glad the dealer was accommodating and will rewrite the contract.

rest0r1

Hi guys,
Just wanted to update on the lease I signed up for and to thank everyone here for helping out around the clock with the necessary details to help us save alot of money.

I actually found the deal thru the app Honckers. I was surprised at the offer so I checked with a couple of dealers and they couldn't come close.

I leased a 2017 Tiguan 4motion Sport on a 24-month/12K term.

MSRP: $35445
Gross Capitalized Cost: $30,388.09 (included $500 college grad discount)
Adjusted capitalized cost: is $29,661.09.
Residual value: $21459 (Works out to approx. 60.5%)
Depreciation and Amortized amounts: $8202.09
Rent Charge: $12.15 (0.00001 MF)
Total base payments: $8214.24
Base scheduled payment: $342.26

I decided to pay fees and taxes up front.
Acquisition fee:$625
Sales tax: $727
1st Monthly Payment: $342.26
Lease Acquisition fee: $625
License & Registration fee: $269
Sales/Use Tax: $55.47
Documentation Fee: $75

This was in NYC area.

Michaell

rest0r1 said:

Hi guys,
Just wanted to update on the lease I signed up for and to thank everyone here for helping out around the clock with the necessary details to help us save alot of money.

I actually found the deal thru the app Honckers. I was surprised at the offer so I checked with a couple of dealers and they couldn't come close.

I leased a 2017 Tiguan 4motion Sport on a 24-month/12K term.

MSRP: $35445
Gross Capitalized Cost: $30,388.09 (included $500 college grad discount)
Adjusted capitalized cost: is $29,661.09.
Residual value: $21459 (Works out to approx. 60.5%)
Depreciation and Amortized amounts: $8202.09
Rent Charge: $12.15 (0.00001 MF)
Total base payments: $8214.24
Base scheduled payment: $342.26

I decided to pay fees and taxes up front.
Acquisition fee:$625
Sales tax: $727
1st Monthly Payment: $342.26
Lease Acquisition fee: $625
License & Registration fee: $269
Sales/Use Tax: $55.47
Documentation Fee: $75

This was in NYC area.

Congrats! Thanks for sharing, and enjoy your Tiguan.

gearboy

Hi... can I get residual and MF for Tiguan SEL FWD 36/10 in Fl. ? 

Thanks