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2013 and earlier Volkswagen Tiguan Lease Questions
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Can someone please provide current VW money factor and residual for 2011 TIGUAN SE, 12k miles/year?
Thanks
Volkswagen Credit's November buy rate lease money factor and residual value for a 36 month lease of a 2011 Tiguan SE with 12,000 miles per year are .00087 and 53%, respectively for consumers who qualify for its top credit tier.
Car_man
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Just wondering if that seems reasonable?
Since I also received a quote for a 2011 Touareg Sport w/ $1832 due at signing and my monthly payment would be $585/month. 12k/36 lease. Seems I should go with that instead?
Car_man
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I bought from Kevin Mullin at Wellesley VW in Wellesley, MA. I took up a lot of his time and he was great.
I would also recommend the new Kelly VW in Danvers (soon to be Peabody). Flavio Ramos and Marty there are nice and they would match the other deal if I wanted to go with them. But in the end, instead of beating them both back and forth over a few bucks, I went with who helped me the most and gave me the most of their time. I would not go back to Quirk VW in Braintree, unless I needed a good laugh watching the prototypical old school car sales person in action.
I got the SE trim level with 4motion and trailer hitch as the only options. The lease was 3yr/15k. Sign Then Drive, so no money down, and the 1st of the 36 month payments is paid by VW.
msrp:31040.00 (2011 VW Tiguan SE 4motion w.Trailer Hitch + Destination)
negotiated selling price:27700.00
residual:16140.80(52%, 36mo., 15k miles/year)
money_factor:.00042 (=1.008% APR)
Additional items financed:
docfee+state_inspection:263.00
reg+title:125.00
Lease_acquisition:625.00
The Lease Math:
Net_Cap_Cost: 28713.00
Depreciation_fee: 349.23
Finance_fee: 18.84
Sales_Tax: 23.00 (MA 6.25% of Depreciation+Finance_Fee)
Monthly_Payment: 391.07 (x35, 1st month paid by VW)
and if possible tell me if I have $1,500 dollars of POSITIVE equity from my trade in going towards the lease does that number will obviously subtract from what I pay over that 36 month period but how will it effect the tax and do i pay tax on the full price of the car or just the amount I pay in the 36 month period? thanks so much
2011 Tiguan SEL AWD w/Navi Msrp 33,400
Massachusetts Tax 6.25%
Fee's $299 doc fee $100 plates reg
$1,500 Trade equity ("03" Mazda6i 4cyl 91k/miles all options but nav $4,500 payoff $3,000)
$0 down $0 out of pocket First month payment rolled in
Tier 1 + credit
I am so indebted to you for this answer need to save all the money I can having my first baby next month and I need to save thanks so much!
Looking for December MF and Res for a 2011 Tiguan SE for 36months with 12K miles.
Thanks
If you have any equity in your trade, you would be better of having the dealer cut you a check for it rather than using it as a down payment for your new lease. I always advise consumers not to make down payments on leased vehicles. Those who do so risk losing the money that they put down if their vehicle is totaled in an accident or stolen and never recovered.
Car_man
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Car_man
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Car_man
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Thanks
For example the new 2011 Jetta base model sells for half that and if you drive a lot the 2.0L diesel model gets mileage almost equal to a hybrid.
Do you have lease rates for Jan on the 2010 SE 12k 36month leases?
And do you know which incentives are available for Jan?
Thanks
thanks Car Man
Currently being offered:
"invoice" price, but no idea what that actually is and how it compares to MSRP.
$314.39 plus tax in California
10k miles
first payment of $799.18 to pay 'purely driveoffs and 1st month's payment'
but don't know the other info to work out whether this is a good deal...or whether it sucks.
Car_man
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I don't believe that Volkswagen is providing any cash incentives on leases of the Tiguan this month.
Car_man
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So the residual has dropped from 54% to 50% but the MF has also dropped from .00022 to .00013?
What atre the rates for a 24 month?
Dealer invoice is a very attractive selling price for a leased Tiguan right now.
Car_man
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Car_man
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When applying the December rates of 54% and .00020 my payments were coming to 362 plus tax/month.
However with the new residual at 50% as you said my monthly is coming to 407.50/month. These are using my own calculations so I know nothing is hidden. I'm surprised the residual dropped 4%! It's increasing my monthly by 40 dollars.
Could you also please tell me the lease rates for
2011 SE 4motion with premium navigation and sunroof
12k 36 month lease
Thanks!
2011 Tiguan SE
MSRP: $29,220
Sale price: $27,500
Residual $17824.20
Money Factor 0.00050
15,000 miles/year
24 months
Tax 7%
Fees and start-ups - $900
I'm out of the country so not very familiar with all the details. I haven't been able to match the MSRP to the specific SE Trim but I imagine it's the basic SE.
I also got the following for the Jetta SE (I need two cars):
MSRP $20,065
Sale Price $19,000
Residual $13242.90
Money Factor 0.00065
15,000 miles/year
24 months
Tax 7%
What kind of discount should I expect on a two car deal?
Any fees I should be aware of if I decide on extending the lease by an additional year?
Volkswagen Credit's January buy rate lease money factor and residual value for a 36 month lease of a 2011 Tiguan SE 4Motion with sunroof, nav, and 12,000 miles per year are .00034 and 53%, respectively.
Car_man
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I'm signing for the car tomorrow!
I feel like i'm getting an fantastic deal and I have everything in writing now!
VW TIGUAN SE 4 motion w/ navi and sunroof
12k per year/ 36 month lease
MSRP- $33145.00
INVOICE: 31812.00
Negotiated selling price: 29,900 including any incentives/rebates
MF. .00034
Residual 34%
Monthly base payment:
$359.84
Monthly total payment including tax: $381.43
It's for my wife and the color choice is white gold metallic/sandstone.
In all honesty I can't wait to drive it myself
What is the current MF and residual and do they differ from dealer to dealer? Terms are 36/12 miles.
A internet site states the MF is .00028 with 57% residual for the Tiguan and .00142 MF and 59% residual on the SportWagen. A dealer quoted me .00040 MF and 52% residual on the Tiguan. How do you know what they are quoting is correct? Please help!!!
Navi/sunroof 4motion is currently
.00034
And 53%.
They do not vary from dealer to dealer but you must qualify for tier 1 credit to get that MF rate. Dealers will however try to increase the MF to increase profit.
The rates for the same vehicle without 4motion may be different and I am not aware of them. Car man should be able to help out.
This is the Jan. figure obviously . Any idea if I should wait until Feb? Thanks again.
Car_man
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VW Credit's January buy rate lease money factor and residual value for a 36 month lease of a 2011 Tiguan SE with sunroof, navigation, and 12,000 miles per year are .00034 and 53%, respectively.
The numbers for an otherwise identical lease of a 2011 Jetta SportWagen SE are .00022 and 50%.
Car_man
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I believe that this lease program is scheduled to run through the end of February, so it really doesn't matter if you finalize your deal now or wait a little bit.
Car_man
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- why is the residual so low?
- did you have a down payment up front?
Thanks for any help you can provide.
I forgot to add that it is a 3year 36000 mile lease.
The numbers for an otherwise identical lease of an '11 Tiguan SE AWD are .00041 and 53%, respectively.
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Here are the questions i have what is MF and Residual value factors on Tiguan 2011 S model lease for 36 month/15,000 miles a year. The car will be lease in Florida state.
In addition, would you know what is the invoice price for S model with auto tansmission and sun roof 9 mif possible)?
Thank you so much for your help!!!!
Smile
You can find the dealer invoice price for the exact Tiguan that you are interested in over in the New Vehicle Pricing section of Edmunds.com.
Car_man
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Also - this is replacing a 2008 Beetle Convertible with 23k miles being turned in - does this factor into the deal at all?
I am currently looking to lease a Tiguan 2011 SE w/Sunroof and Navi. I am reading the article on Edmunds about calculating your own bottom line lease rate, but I need some more information. What would the money factor and residual be on the above car for a 36 month/15k miles a year lease? Also, I am trading in a car with approximately $2k worth of negative equity (payoff is $29k, dealer giving me $27k). How do I factor that into the equation?
Thanks a lot for any help you can provide!
Car_man
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Car_man
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Let us know what these numbers are and I'm sure that either myself or another helpful community member will let you know what they think.
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If you are trading in a car that has negative equity, you can either pay that money at lease signing or attempt to roll your negative equity into the capitalized cost of your new lease, baking it into your monthly payment.
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My Jetta lease expires in September, but my mother is going to purchase the vehicle. Its a 2007 Jetta Wolfsburg and we can purchase it for a little over $10,000. She likes it and I have taken immaculate care for the car.
Well, how does this deal sound?
SE w/ 4 motion & Nav, 4 year lease, 15k miles per year, $1500 down-- $430 a month (tax not included)
I know its going to go past the warranty, but I dont mind if I can save money on the monthly payment.
Do you think there is still more room to negotiate. Ultimately, im shooting for an sel, awd w/nav, same terms, $2000 down for no more than $410 a month (tax included). Am I crazy?
Volkswagen Credit's February buy rate lease money factor and residual value for a 36 month lease of a 2011 Tiguan SEL FWD with 15,000 miles per year are .00021 and 48%, respectively.
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