The dealer lot was so full they discussed parking new cars in the grass.
I’m still hesitant because it’s my first lease ever @ 29yo
This car choice is by wife’s decision, although I am enjoying it.
I’m not totally sure on the details but this is how i dissected them.
Msrp 57,590
-$5065 Dealer Discount
Sale Price 52,525
+$380 Title/Registration/County&City Wheel Tax?
+$600.32 First Payment?
+$699 Acquisition Fee?
+$216.69 in something else (Taxes are on payments here)?
Did get VW Gap protection with Deductible paid. Not sure if that was this or free but the dealer mentioned it’s what VW Financing included in the lease.
Gross Capitalized cost 54411.01
Capitalized cost reductions
-$7500 Tax Credit
-$1750 Customer Bonus
Adjusted Cap Cost 45,161.01
Residual 29,946.80 52% (66.4% of Adjusted Cap Cost)
2023 Volkswagon AWD Pro S Plus (Red Paint/homelink) Took place in WI @ 5.5% tax and fully capitalized
12000 mile/36 month/$0 down/$0 signing/$0 first payment
MF 0.00196 4.7%
Payment $600.32
No the Money facter we got with subprime credit was Tier 2 @ 4.9% (.00205) prior. They had the payment @ 620 a month and with advertising(I made alot of calls within 400 miles) of $604 @other dealerships in chicago trying to give away inventory the wife & I wasnt going to take anything else, or we would end up driving there for a blue one. I was about to leave when the manager came and I explained what we expected/could afford. Offered to match the payment and the wife agreed that we were done shopping for cars and she came to cosign.
I shall not return