Hi. I got the MF, residual, cash incentive information from Edmunds. The calc does not match what the dealer is showing me on the attached offer.
Is the dealer giving me all the lease cash or am I not putting the lease cash in the right place in the calculator? How can I make these calculators match a bit closer?
Ok, so the only way to get this lower like down to $201 month plus 9.5 tax is to have them take more off the sales price? Does it looks like I am getting the entire $1950 incentive and just paying the first month and tax, tag, doc, tire of $485? Thank you.
Sorry. The dealer is offering $228 a month plus tax. with $692 including first payment and tax, tag, doc, tire fees for a payment of $249.66 for 36/12.
LOL. That (linked above) is what they sent me 10 days ago and they wrote the notes.
MSRP 26285
Residual 52% or $13668.20
Term 36 months
MF .00034
Selling Price $21000
Rebate sign and drive $249.66 (first payment)
Total Cap Reduction 228.47
Capped fees $675 Acquisition Fee
Total taxes 809.54
Adj Cap Cost $21446.53
Lic/Reg Upfront $312
Upfront fees $123.75
Amount due at start $943.66 (inc first payment)
Cash collected $694.00
Working cash $943.66
First payment date 4/15/2020
Base Monthly Rent $228.00
Total monthly payment $249.66
Front End Gross $2752 - (losing $2752)
Today, they offered base monthly rent? $219.52 saying $300 off cap cost
My son currently leases a 2018 Tiguan S with 24m/12K terms for $201 including taxes (and he paid first pmt and TTT $6XX last time too) and he would like to get as close to $200 inc tax again (he is ok with 36 months).
Maybe the deals get better in May especially on a 24 month lease?
That’s a good deal - Just leased a SE model for my girlfriend it was 2k drive off and 300 month. Wanted the SEL but for some reason it leases like shit. The S is by far one of the best leases you can get right now for a great SUV.
You might be able to extend all the way to 6 extra months (you’ll have to check with VW Credit). At that point the registration cost is amortized enough.