Current mileage: 6,500
Maturity mileage: 30,000
Effective miles per month: 833.33
Maturity date: 12/22
MSD due (if any):
Cash due (if any):
Incentive for new lessee (if any):
Financial institution: VW Credit
Transfer fee: Ill Pay for this
Out-of-state transfer allowed (yes/no): Yes
Vehicle condition (accidents, tire wear, etc.), options, and other details: Basically Brand new, had a ding on the door and it was fixed. Other than that it is a brand new car and i want to give it away because i need something bigger now.
Photos: Will provide photos for those interested. Please PM me
You will likely get more interested buyers with photos on your original post.
Also what is the color (Ext/int) of the car?
Window sticker also helps move car faster.
I didn’t heed this warning and got bitten by it. Transferred my GTI to a Doctor (seemed pretty easy to not worry) - turns out the dude never signed up for auto pay and wound up going 60+ days late on a payment. I had to call him to yell at him to sign up for autopay.
Wound up putting a 75 point dent on my credit for over a year, and even though I disputed it with 2 of the credit agencies (Based on the premise that VW did not make any attempt to contact me for missed payments). Just finally getting back to where I used to be. Didn’t effect me since I was in between loans, but it was big enough to knock me down from the low 800’s into the sub-750 territory.
My only advice if you do transfer, your account on VW.com remains active. Sign in to make sure they’ve added auto pay and are on time with their bills.
Absolutely yes. I mentioned on the board sometime in the past that when I took over a VW R32 about 12 years ago I agreed to make all of the lease payments upon transfer so that the original leasee did not have any exposure for missed payments. This doesn’t necessarily protect the original leasee for damage at turn in, but it relieves any worry about payments along the way.
in the case of your car, the lump sum upfront to take over the lease appears to be something less than $4000 or thereabouts. To me that is low enough that you still could get some interested buyers. We have many people here on this board who spend close to that on the upfronts for a new lease.
On the personal front, I think the car is beautiful!
