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Comments
Can't really calculate a payment without the actual selling price.
The SEL has $300 less lease cash than the SE.
Same money factor and residual
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.00100 MF and 61% residual
$800 lease cash
AWD
.00065 MF and 62% residual
No lease cash
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VW leases always go through VW Credit.
No matter what you say, sales tactics are still possible. Are you going to try to convince them of numbers that they already know? If you are shopping for an AWD Tiguan, the money factor for leases up to 36 months is .00065. If you start with negotiating the selling price, just be sure to let them know you are leasing, and that you won't sign any lease that has a money factor above .00065.
There is nothing that I can tell you about our sources that will "shut them down". Tell them what you want, and vote with your feet, if you don't get it.
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I know you don't comment on price but I'm using the advertised price of 30,834 as my starting point anyway. I will let them know it'll be for a lease. Everything is negotiable. I know I'll get pushback, but like I said, we'd be getting two cars so hopefully that'll count as leverage for me, to some extent. Jeez....I feel like I'm preparing for a battle here! Don't think I've studied this much since college...actually I think I studied less.
Tiguan SEL Premium AWD
NY, NY
36 months / 10k /year. All taxes and fees except DMW in the lease.
MSRP: $39,320
Selling Price: $38,500
Money factor: .00065
Residual Value: $24,378.40 at 62%
Monthly payment: $525 per month
Total due at Signing: $802(First payment+DMV)
All fees included in the lease: Acquisition Fee $395, Doc Fee $75, Window Etch $199, Administration Fee $590
The discount is very, very small.
The MF and residual are correct.
The acquisition fee is $675
No idea what the Administration Fee is for. Are you using a broker?
You can do better than this.
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But, you are at the end of the month, and if the dealer you are working with needs those two sales to hit a volume bonus target, you might get lucky with the price.
If the dealer has hit their volume targets, they may not be as inclined to cut you a great deal.
Don't get me wrong - I'm all for doing the research.
Did I read right that you've got trade equity to use? If so, we recommend against it - that money would be lost if the car is stolen or totaled before the lease is up. And, it masks the true cost of the lease.
Would you pre-pay rent on an apartment? Leasing is meant to be 'pay as you go'.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
No broker right now. Recommend that route?
Agreed the discount is non existent.
No broker right now. Recommend that route?
Agreed the discount is non existent.
I just wondered..
The fees don't make a lot of sense.
VCI acquisition fee is $675, not $395.
I've never seen an Administration Fee from a NY dealer. Seems like a slimy way to get around the $75 cap on doc fees.
No, you don't need a broker, but you might need to shop around.
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The fees don't make a lot of sense.
VCI acquisition fee is $675, not $395.
I've never seen an Administration Fee from a NY dealer. Seems like a slimy way to get around the $75 cap on doc fees.
No, you don't need a broker, but you might need to shop around.
Thank you!
So far, tonight they gave me an MSRP of 32,390 coming out to a total price of 34,585. The 34,585 is inclusive of several options like 3rd row (which we need), cargo net, monster mats, etc. I'm fine with these small add-on's. 34,585 is also inclusive of the standard $900 destination charge. My question is: when I'm calculating the residual, I do it off the actual MSRP, correct? NOT the "total price?" So I'd calculate the residual off of 32,390...
I also found out the money factor they want to charge. It's .00099....so they've essentially marked that up over 50%, which will most assuredly not fly. Curious about the March figures...I am interested to know, however, how they make their profit (not that I care too much about them and their profits...simply curious). If I insist on paying the "buy" rate or base rate MF, they obviously won't make their money there, correct? I'd assume that they make the "real" money on the depreciation fee portion of the payment, since that really makes up the bulk of the payment. Like I said, I could give a rats you know what about their profits but I'm nervous that if I strip away too much of their leverage, a deal simply will not get done. Does that make sense? I guess I'm just trying to get a better picture of exactly where they make their profits so I know which areas are more negotiable and which are less negotiable.
They also want to charge me 965.15 for....ehhhh..."tags." I have no idea what the heck is going on here. The Commonwealth of Pennsylvania charges $53 for original title issuance and $37 for passenger vehicle registration. Am I interpreting the term tags incorrectly? Are they talking about gold plated or something? Lol! I'll definitely need to grill them on this, as those fees are set by the state. I mean, $965?? Is that a joke?
Lastly....Michaell....I hear what you were saying about using the equity in the trade ins. I understand that logic. Thank you for that.
Anyway, that's where I'm at. I'm hoping those March figures come out tomorrow so I can formulate a counter offer. Incidentally, this dealership is only 5 months old...wondering if that has anything to do with the exorbitant mark ups. Unbelievable.
Thanks again.
Tiguan SEL Premium 4Motion 36/10k & 36/12k in MA
also would the r-line option affect residual or MF? I’m assuming it wouldn’t ($1,500 option that will be available this month)
thanks in advance
You use the bottom line number on the government mandated window sticker. (That's the total number, including factory options and destination)
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Options don't affect the residual percentage. Of course, anything that raises the MSRP will affect the residual amount.
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Increase could also be due to popularity, allowing VW to strike while the iron is hot for extra profit (gotta make those diesel dollars back somehow).
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2018 Tiguan SEL FWD
36months/12K miles
2018 Tiguan SE FWD
36months/12K miles
Also, are these reasonable for SE trim?
MSRP: $29,255
Selling Price: $25,718
Taxable Fees: $675
Doc Fee: $599
Non Tax Fees: $49
GATAVT: $110
SEL FWD - .00195 and 59%; $400 lease cash
Other than the doc fee which is overpriced, I don't see anything wrong with the numbers in that quote.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
SEL-FWD: .00195 MF and 59% residual. $400 lease cash
SEL-AWD: .00215 MF and 60% residual
Add 1% for 10K/yr
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I believe there is a minimal significance on the finance fee side of the payment, so most of my consideration should be given to the depreciation side, since that's the bulk of payment.
Get the mileage allowance you need - it won't make a material impact on the payment, as you can see.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
MSRP: $30,570
Negociated Price: $25,900
Thanks!
.00170 and 58%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Thanks!
Starting to think it just might not be a good time to lease a tiguan but we'll see. Thanks again.
SE - .00170 and 61%
SEL - .00215 and 61%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
No incentives
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
No lease incentives
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
1. You can certainly negotiate the price of the car, on a lease
2. Lowball on trade
3. Why are you trying to get out of a car where you are upside down? Even at $5500, that alone will add $150/mo for 36 months, or $115/mo for 48 months. Why not wait until you are in a better position.
4. We suggest you only pay the first payment and any registration costs at signing; any money up front beyond that is at risk of loss if the car is stolen or totaled
5. $500+ a month on a $30K SUV is a big, big payment.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
SE 4Motion - .00170 and 58%
SEL 4Motion - .00215 and 58%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
You'll likely have to go to the dealer to get that kind of structure in their offer.
Fair? You do realize you're dealing with car dealers here, don't you? :laughing:
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I am interested to know the MF and RV for the VW Tiguan SE FWD (36 months, 12k miles/year):
MSRP: $29,440
Negotiated Price: $24,800
Thank you!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
- 2018 VW Tiguan S AWD / FWD
- 2018 VW Tiguan SE AWD / FWD
Thank you for your helping in advance.