Need some help as my dealership is not trustworthy and I don’t want them to take advantage of my lack of knowledge in lease buyouts…… they are telling me tax and finance fees will be due above my contracted buyout.
Here is the background:
Thanks to the community I got an “above average” deal on a 2018 VW Tiguan SEL. Left the dealer with a 36 month 12k miles/yr $3k down (ouch!) @ $289 per month.
Shenanigans began when the dealer called me a week in to reduce my mileage to 10k per yr … said the Fin dept couldn’t clear the terms. Reviewing the knowledge base on the site, it looked like that was “fair game” and I could either return the car or accept their updated terms. I was annoyed but figured this meant I didn’t leave any meat on the bone, and got a decent deal!
34 months later work from home made this an absolute non-issue with the Tiguan at 22k miles. Understanding the market I reached out to my dealership to explore buyout. Sales department refused to share my lease contract with me, stating policy wouldn’t allow them to email personal information and I needed to come to the dealership to speak with Finance. LOL!!
So I made a new friend on LinkedIn — the regional GM of the dealership …. And had my contract in about 2 hours later. It’s roughly a $20k buyout, which I can swing. The upside on KBB and Carmax has me netting $6-12k after I sell personally … any insights or suggestions here I’d appreciate!!
Texts from sales have changed their tone but are now warning me of “tax and finance fees” beyond the contracted rate. Down here in Central Florida w state and local sales tax, FYI.
Based on the above I assume they are making stuff up, so checking … Are taxes and Finance Fees reasonable at lease end?
If so … what can I expect to pay here?
Any other options I should explore beyond personally financing with my cash??
Thanks in advance for your thoughts here …. I’ll look for further help to “BS test” as their first offer comes back to me!!