2021 Atlas 2.0T S Lease
lespaul101
Member Posts: 11
Trying to find out what I should be paying for the following lease:
2021 Atlas 2.0T S
Zip: 91941
48 month
12k miles annual
$32,935 MSRP
Trade-in: $19,000 (this is terminating my current lease early)
I was told $2k down, $493/month including all taxes and fees. I was also told the termination of my current costs are wrapped into this.
If it helps, the current lease I'm getting out of has outstanding balance of $17,500 with a payoff of $24,500.
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Michaell
Moderator Posts: 241,319
lespaul101 said:Hello,
Trying to find out what I should be paying for the following lease:
2021 Atlas 2.0T S
Zip: 91941
48 month
12k miles annual
$32,935 MSRP
Trade-in: $19,000 (this is terminating my current lease early)
I was told $2k down, $493/month including all taxes and fees. I was also told the termination of my current costs are wrapped into this.
If it helps, the current lease I'm getting out of has outstanding balance of $17,500 with a payoff of $24,500.
.00183 and 51%lespaul101 said:MF/RV and any incentives as well please. Thank you
$2100 dealer lease cash
Why is there a $7K difference between the balance and payoff amounts?
Why are you terminating your lease early?
What is the negotiated selling price?Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL45 -
OptionsMichaell
Moderator Posts: 241,319
So, to buyout the lease would cost $26K, and they are giving you $19K as trade value? That's the $7K difference, which would be added to the new lease - almost $200/mo.lespaul101 said:I've never gone through a lease termination etc., so it's all new to me. We need more space, hence the upgrade from our current Tiguan.
Current Tiguan still has 36 months left of lease (out of 48 month term), residual of $12,429, remaining lease payments $15k, quote amount $26k (via vwcredit.com account). The dealership I'm speaking with now said the trade in would be $19k (on par with KBB), so I'd owe the difference between trade-in and pay off which is $5,500. So they rolled the $5.5k into the Atlas monthly lease.
You sure you can't ride out the current lease? That's a hefty amount to pay for a car you won't be driving.
That said, $493/mo is not all that bad of a quote. But, it's your money, not mine.Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL45
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Current Tiguan still has 36 months left of lease (out of 48 month term), residual of $12,429, remaining lease payments $15k, quote amount $26k (via vwcredit.com account). The dealership I'm speaking with now said the trade in would be $19k (on par with KBB), so I'd owe the difference between trade-in and pay off which is $5,500. So they rolled the $5.5k into the Atlas monthly lease.