24 Months / 10K/yr
MSRP $46,033
Selling Price $40,790 ($4700 dealership discount + $500 VW Partnership Program discount)
Incentives: $7,500 (manufacturer rebate on EVs)
Cash Down: $5,000 (didn’t need to put this much down at signing but i opted for lower monthly payments)
Monthly Payments $289 + tax
Was that $5k toward cap cost reduction or ~$2500 toward cap cost reduction then another ~$2500 for tax, title, registration? Nice discount. Glad to see VW dealers discounting these on top of VW finance passing on the $7500. It was not too long ago that these were leasing for $700/mo.
i agree VW has been very aggressive this summer. i’m not mad about it.
so between the 7.5K (rebate) and 5K (down), they applied 10,579 as cap cost reduction. Basically that $5K, it covered first payment ($314), majority went to cap cost reduction, then roughly $1500 went towards registration/fees, and sales tax. hope this helps!
Were you income capped for $2000 CVRP? Mightve made more sense with a 36mo lease with the $2k rebate back especially since free charging is covered for the first three years.
THe VW dealer by my house has 30 ID4s on the lot, theyre going to have to get aggressive with 2024 models around the corner.
Local Kia dealer has about 20 EV6s on the lot now. The most I’ve seen. Hopefully Elon does some more price cuts to get these other manufacturers thinking about big money incentives.