My Take: There is $1000 customer cash on the VW CCs this month if you finance through their financing arm, so be sure to factor that into your calculations. The lease rates look pretty decent to me, so I would definitely recommend taking this ride for a spin and see what kind of deal you can pull off. Now, regarding the “special financing”, there really isn’t anything special about it. The shorter terms have a lower APR while the higher terms pretty much screw you over at a 6.4% APR for 66 months. Couple of things to keep in mind, the CC leases best at 36-months, so be sure not to go under or beyond that. The 24-month lease is a bit low on residual, with only a 4% increase. You can increase your 36-month residual by 3% by opting for the 10k mile lease, so it is pretty clear VW is trying to discourage you from going with the 24-month lease. Another thing to watch out is that not all CCs are created equal. The sport trim has the highest residual value, which will yield the lowest monthly payment. Now the 48-month lease is the cheapest, but I would stay away from it unless you don’t mind the extra costs that come with being out of warranty and replacing tires. In most cases, stock tires should last until the 36th month of your lease if you do regular rotations and don’t drive aggressively. With 48-month terms, you are pretty much guaranteed to replace them by the time your lease matures, so don’t let the “lower” payment fool you!
UPDATE: the $1000 has been pulled. Bummer. I know.
UPDATE UPDATE: Please see comments section of this post for the latest info and disregard the lease rates on this post.
|
At Invoice |
At MSRP |
Make/Model |
Invoice |
MSRP |
36-month |
48-month |
36-month |
48-month |
09 Volkswagen CC 4dr Sport |
$27,101 |
$28,950 |
$357* |
$293** |
$378* |
$333** |
NOTE: Estimates assuming the following conditions:
- Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) due at signing.
- Local Taxes not included.
- 24-month/15k and 36-month/15k terms.
- All cars are stock, without any options.
- No rebates/incentives applied
2009 Volkswagen CC
2009 Volkswagen CC 4dr Luxury
24-month | 15k miles | residual 57% | .00073 base money factor
36-month | 15k miles | residual 53% | .00073 base money factor
48-month | 15k miles | residual 46% | .00073 base money factor
2009 Volkswagen CC 4dr Sport
24-month | 15k miles | residual 61% | .00073 base money factor
36-month | 15k miles | residual 57% | .00073 base money factor
48-month | 15k miles | residual 50% | .00073 base money factor
2009 Volkswagen CC 4dr Sport MT
24-month | 15k miles | residual 61% | .00073 base money factor
36-month | 15k miles | residual 57% | .00073 base money factor
48-month | 15k miles | residual 50% | .00073 base money factor
2009 Volkswagen CC 4dr VR6 4Motion
24-month | 15k miles | residual 55% | .00041 base money factor
36-month | 15k miles | residual 51% | .00041 base money factor
48-month | 15k miles | residual 44% | .00041 base money factor
2009 Volkswagen CC 4dr VR6 Sport
24-month | 15k miles | residual 53% | .00041 base money factor
36-month | 15k miles | residual 49% | .00041 base money factor
48-month | 15k miles | residual 42% | .00041 base money factor