2020 VW Tiguan Lease Buyout (SoCal)

[michael]

Assuming it’s in good mechanical shape, I’d also buy it out from VW Credit and run it to the ground. Hard to find a decent equivalent car for $12K. Plus, after a few years, the decline in resale value from the dent will probably be less than what it costs to fix it properly.

[TypeSH]

@thehomie

How did you facilitate this? Is it as easy as just calling VW Credit

Get the payoff quote and payoff letter from the vwcredit online portal, you can download the whole packet of docs you need to fill out. Like bill of sale, odometer statement, etc.

When you send it all overnight, I’d also include the SASE, cashiers check and a separate check for $15 for them to FedEx the title back to you. If any questions or issues definitely call VW Credit, they’ll walk you through it.

[paranoidgarliclover]

@thehomie

I’m starting to hear sounds that raise an eyebrow

Have you had a mechanic check it out? The funny sound is more worrisome to me than anything else you’ve mentioned.

[Batistuta]

Check your lease contract. Usually there is a maximum charge per panel. I doubt it’s $1,000.

Here. I know nothing about the car. You need to do the research. But looks like you are both very happy with the Tiguan. Take it to a mechanic and buy it if it checks out.

Socal Hyundai + Kia Lease and Purchase Deals (January). Low Telluride, plugin hybrids, EVs

Is that you specifically not doing one-pay leases or is this a Hyundai thing?

[max_g]

@thehomie

Which EVs are you thinking of? Particularly good deals out there? I’ve been asleep on the market for the past 6 months at least. No idea where to start.

Click on Marketplace for your state.

@thehomie

Thing about it is that the lemon has only to do with CarPlay (in fact, Android still works. It’s just the Apple that won’t connect.) I’m sure there’s someone out there willing to take that hit.

I don’t think anyone looks into the nuances of why it was lemoned. They just instinctively skip it

[max_g]

Get some VIN-specific quotes from here to see where you really stand.

Either you can get out for less than paying the charges for miles & damage…. Or you’re so far underwater that it wouldn’t make sense to buy it.

Remember you only get one chance to exercise that “put option” to throw the keys back at them. Once you’re holding the bag, it’s yours.

@paranoidgarliclover

@thehomie

I’m starting to hear sounds that raise an eyebrow

Have you had a mechanic check it out? The funny sound is more worrisome to me than anything else you’ve mentioned.

One more reason to believe a VW is a terrible candidate to run into the ground. If it starts throwing CELs it could nickel and dime you to death.

[thehomie]

@TypeSH

Get the payoff quote and payoff letter from the vwcredit online portal, you can download the whole packet of docs you need to fill out. Like bill of sale, odometer statement, etc.

When you send it all overnight, I’d also include the SASE, cashiers check and a separate check for $15 for them to FedEx the title back to you. If any questions or issues definitely call VW Credit, they’ll walk you through it.

Very helpful! As others have suggested, I’ll first take it to a mechanic and pay to have them give it the once over. Thanks for your responses!

[thehomie]

@Batistuta

Check your lease contract. Usually there is a maximum charge per panel. I doubt it’s $1,000.

Here. I know nothing about the car. You need to do the research. But looks like you are both very happy with the Tiguan. Take it to a mechanic and buy it if it checks out.

Will check the contract.

Taking to a mechanic and paying for a once-over as soon as I find the time.

Thank you for the link and the insight!