Hi everyone! I’m new here and looking for a deal check and some advice. My girlfriend is in the market for a 2024 VW Tiguan SE or R-Line. I’ve outlined the criteria we’re looking for, along with some initial pricing we’ve received so far from dealerships and a lease broker.
Criteria:
SE or R-Line
4Motion
15,000 mi./year
$0 down payment
After visiting a VW dealer to get an initial quote (no negotiations yet), they offered $583/month for a 2024 Tiguan SE with 12,000 mi./year, $0 money down, on a 36-month lease. I thought this was high, but they assured me “they’d offer a better deal when we’re ready to negotiate.”
My lease broker, who I’ve used in the past on my Jetta, quoted me $489/month for an R-Line (15,000 mi./year, $0 down, 36 months) and $485/month for a Tiguan SE with 4Motion and a moonroof package etc., just a $4 difference between the two.
I still feel there might be a better deal to be had and after using the Leasehackr calculator for a VW Tiguan R-Line (MSRP: $36,819), the payment came out to $439/month (screenshot attached).
I’d appreciate any feedback on the quotes I’ve received so far, the Leasehackr calculation, and any advice on how to secure the best deal for this model before the 2025 models and the new generation VW are released.
And if you can get 15% off, why wouldn’t you just buy it for $31,292 plus 6.625% tax + $330 ish reg for an OTD price of ….?
Spending 17,000+ to rent a car selling for that price to just give it back and start over again every 3 years with no equity… you’re just robbing your future selves.
Apologies for not being clear. I used my old 2019 lease, which I had through the mentioned broker and eventually bought out, as a reference. I worked backwards through that contract to figure out the amount I was paying, since I wasn’t certain about the money factor or other details. I then applied those same numbers to compare with this lease, so it was just a rough estimate. I appreciate your input as I’m not entirely sure how these leases are actually calculated.
Sorry. I am assuming I would able to get it at that price based on a past lease through this lease broker. I worked backwards through that contract of an old lease to understand the lease calculation and to figure out the amount I was paying, since I wasn’t certain about the money factor or other details. I then applied those same numbers to compare with this lease, so it was just a rough estimate and the numbers and deal I think is possible may not be so wanted to get some input on what is realistic in today’s market based on the dealer and leader broker quotes I’ve gotten and if they are fair deals for this make and model.
Car deals have totally changed since 2019, and the figures (MF, RV, rebates) can change monthly. What anyone paid in 2019 has absolutely no relevance, sadly, today (b/c people were getting way better deals back then).
If you’re not in a rush, it might be useful to read LH 101 to get a basic idea of how leases are calculated.
If your broker is quoting you a price including tax, it’s okay for a Tiguan (based on what the broker here is offering).
But ICE VWs in general don’t lease well. So your GF will have to decide if she really want that specific car, or if she is willing to consider car (such as an EV, which generally are leasing better).
I think NJ also has rebates for EVs?
If she really wants the Tiguan, VW is offering 0% APR for 60 mo or $2K cash. I’m not sure if there are any rebates being offered on a lease (leases and financing can – and often do – have a diff set of rebates).
Def not in a rush and I truly appreciate the info and advice, being how green I am to this forum. Appreciate the advice on purchasing it over leasing and I agree the numbers look the same if not better nor is she opposed to that as well. We will look into the incentives if any on that end and compare. Thanks!
Thanks for this! Hmm, interesting, and seems like they keep pushing it back and may have further delays. Truly I don’t even know if there is a better deal to be had on the older generation models before/when these newer generation models come out. Initially, I’m learning away from the 1st year new generations of any car because I feel they are prone to more issues or used as pilot models for consumers to report problems so they can be improved for future generations but this is also just my thinking from what I’ve heard and backed by any data or statistics lol
Thank you all for your time and assistance with this! I just purchased a 2024 VW Tiguan SE R-Line, delivered on Monday (10/21). While leasing was our initial interest, after considering your feedback, buying it made more sense. The MSRP was $38,811, and got 9.02% off, with 0% down for 60 months and an additional $500 discount for VW loyalty.
I initially worked on the deal myself, negotiating with two sales managers from different New Jersey dealerships via email, both offering their ‘best’ price at $36K. I then took that deal to a broker in Long Island, NY, who was able to beat it, saving me an extra $800 on doc and dealer fees, thanks to lower fees in that state.
