Hi there. My current lease is almost up and I now am trying to remember everything I forgot about this stuff in the last 36 months.
I’m just trying to get oriented, and I can’t for the life of me replicate a published offer on eGolf using the leasehackr calculator. I think largely because I don’t know how to handle rebate and cap reduction (details below). Two questions:
Can anyone model how to get this monthly from the info they gave; and
Is that $7500 rebate guaranteed, or just possible? I keep hearing that incentives in CA are drying up.
This deal is published on the Sunnyvale CA VW site:
$167/ mo plus tax
This is the fine print:
$4345 Due at signing after $7500 rebate
Monthly payment based on
MSRP of $33475
and cap cost of $29,248.
Cap reduction of $4078 after $7500 rebate.
$395 Disposition fee
This is what Edmunds says about eGolfs in the area:
That $167 is not your true payment i wouldn’t be surprised if some of that $4345 DAS is being applied as CCR jeez that RV 36%. I’m no expert on VW maybe one of the more experienced hackers will chime in.
As said before, the purchase offer is much more appealing…$10k off msrp.
I don’t doubt that it’s not a great deal. I’m just trying to figure out how they got to that monthly as an exercise so I can better assess other offers & find where the tricks (and opportunities for negoation) are.
fake news…and that $7500 is federal not state and is baked into the offer. The CVRP is the state rebate and is $2500, post sale.
How does the $7500 factor into the monthly payment? On the LeaseHackr calculator is that entered into the “Post-Sale Rebate”?
And how is it received? The $2500, as I recall, was cash, but the $7500 is more complicated, right?