VW e-Golf lease - am I missing something?

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1

Hello all,

I am looking to lease a 2019 e-Golf in the next few weeks but I want to confirm my understanding first. I am looking at the recommended discounts, MF from Edmunds, and incentives and getting a monthly payment of $171 with tax (link below to calculator) with $0 DAS. Based on my calculations, for a 24-month lease, the net payment after California rebates would be about $67. Am I missing something? Otherwise this seems like a great deal.

Here’s the link to my calculations: leasehackr.com/calculator?make=Volkswagen&miles=12000&msd=0&msrp=33575&sales_price=23575&months=24&mf=0.00001&dp=0&dealer_fee=85&acq_fee=675&taxed_inc=8000&untaxed_inc=0&rebate=0&resP=41&reg_fee=400&sales_tax=8.5&demo_mileage=0&memo=&zero_driveoff=true&monthlyTax_radio=true

Note: my estimates for savings off MSRP is based on research on this site as well as Edmunds. I also assumed that I will qualify for at least the $500 partner program if not the college grad rebate as well.

Thanks for the help!

2

Your numbers are totally wrong. You won’t get such a big discount before the incentives. Also, you need at least a 30 month lease to qualify for the CA rebate.

3

Got it - thanks. I’m glad I asked. I was following this link (which was posted in another Leasehackr forum): https://slickdeals.net/f/13163326-21-000-off-msrp-2019-volkswagen-egolf-w-driver-s-assistance-package-125-mile-epa-range-final-price-10-000-13-500.

Is this pricing no longer valid?

4

You don’t qualify for the same incentives on a lease as a purchase. Need to use lease incentives.

5

Understood. So, is this Edmunds website effectively double-counting the incentive? I’m not trying to be thick - just trying to understand since I’m relatively new at this.

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Thanks for all the help!

https://www.edmunds.com/volkswagen/e-golf/2019/vin/WVWKR7AU5KW919159/?paymenttype=lease

6

Ignore the Edmunds website like that. What you want to use from Edmunds is the model specific forums where you post asking for RV/MF/incentives for your zip.

This is the best bet for confirming what incentives apply to the lease and which don’t.

8

You can get @rubbergash’s lease deal or use it as a guide to negotiate a deal at one of your local dealers.

9

I see now where I got confused. I read the posts discussing the $10K plus $7.5K as lease deals, but they are purchase. Thanks again for the help.

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