I’m trying to find a second car for my wife and she really likes the VW Golf. In terms of trim SE best fits her needs.
We went to a dealership up in the Seattle area and got this quote for a 2017 Golf SEL since they don’t have any '17 SE’s. I wanted no money down but he put in $2000 to 'cover the taxes and other stufff" - still not sure what that means. The monthly payment seem a bit high to me. Thoughts?
The fact that you asked whether this is a good deal makes it clear that you have not read enough on here. It is absolutely atrocious. People have gotten 330s and C-classes for much less.
You’re not going to get a good deal on a Golf. Residual is super low, there is a tiny amount of rebates, and the discount off MSRP will not be high enough to make up for the other 2 points.
If you’re stuck on the Golf I’d buy a low mileage used one for a lower monthly payment.
For a lease I typically will come up with what I need the selling price of the car to be (all fees rolled in) with only first payment and taxes at signing and then go from there. Usually you still get dealers stuck on payments so you have to back calculate on some to do an apples to apples comparison if the payment and initial upfront fees collected seem good.
There is no harm in countering this. I’d offer zero down (only 1st month payment, tax and license) and $200/month. VW and it’s dealers aren’t dealing with the reality - they have a damaged brand and are fielding an electric car that has below average range compared to the similarly priced Bolt and the soon to be released Leaf v.2.
Like many manufacturers, currently their electric car is there as a loss leader for the fuel economy requirements, not to be a segment leader.
OP, this is not a good deal, you would be looking at lower numbers to finance a CPO 2017. However, you aren’t going to be able to get close to $200 sign and drive.
VW globally did well. Here in the US, it took them buying back their dirty diesels and trying to convince customers to try them again that helped their sales.
Clean Diesel. Yeah, sure.
As for the eGolf, it’s a compliance vehicle. It’s terrible pricing and limited range is why they’re still trying to clear 2017 units. They’re not the only one in this boat, though.
BMW and GM have even more inventory with their electric vehicles, but at least they run lease specials to get things moving.
