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Would you lease a Volkswagen e-Golf for $79 a month?

Posted on 5/24/16 at 4:29 pm
Posted by Street Hawk
Member since Nov 2014
3460 posts
Posted on 5/24/16 at 4:29 pm
Wife drives a Ford Focus and we want to replace it with a VW e-Golf.

Just got this quote from a dealer for a 2016 e-Golf lease:

$2500 down payment (off-set by $2500 CA state rebate), so basically we pay zero down
$79 per month
36 month lease
7500 miles per year

- We get a clean-air access sticker with this car that will allow us to drive in the HOV lane (will save wife about 30 minutes of driving time everday)
- She has a 20 mile round trip commute everyday so 7500 miles should cover that easily
- She has free charging at work, so we will be spending $0 on gas/electricity
- The monthly payment is $250 on the Ford Focus and we spend about $75-$100 on gas every month for it

From all angles this looks like a no-brainer to me. Thoughts?
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38549 posts
Posted on 5/24/16 at 4:30 pm to
What is the overage rate for miles? Check into this, because you're going to need to.

How much is the dealer acquisition fee?

What is the money factor rate?
Posted by MrSpock
Member since Sep 2015
4345 posts
Posted on 5/24/16 at 4:31 pm to
quote:

Thoughts?


Pics of said wife.
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17138 posts
Posted on 5/24/16 at 4:33 pm to
quote:

Pics of said wife.


The OT has spoken
Posted by cwil177
Baton Rouge
Member since Jun 2011
28432 posts
Posted on 5/24/16 at 4:38 pm to
Sounds like a great deal as long as you don't drive more than 7500 miles a year, which isn't all that much honestly.
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 5/24/16 at 4:44 pm to
quote:

Sounds like a great deal as long as you don't drive more than 7500 miles a year
Posted by member12
Bob's Country Bunker
Member since May 2008
32096 posts
Posted on 5/24/16 at 4:45 pm to
quote:

we spend about $75-$100 on gas every month for it


Do you get access to free charging every day? If not, you probably need to consider how much electricity it eats up. If so, this is probably a good deal.

VW is advertising an 85 mile range (which is probably optimistic given the company's record), but should easily cover the 20 mile commute. Just keep that range in mind if you use your gas powered car for longer trips.

If you are okay with the range and have access to free charging....go for it.
This post was edited on 5/24/16 at 4:49 pm
Posted by Restomod
Member since Mar 2012
13493 posts
Posted on 5/24/16 at 4:46 pm to
quote:

will save wife about 30 minutes of driving time everday

- She has a 20 mile round trip commute everyday


Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63031 posts
Posted on 5/24/16 at 4:46 pm to
At least pics of car. Sounds like a half step up from a smart car.
Posted by oleyeller
Vols, Bitch
Member since Oct 2012
32021 posts
Posted on 5/24/16 at 4:48 pm to
fuk! i drive my 2015 silverado 25,000 miles a yr!
Posted by SadSouthernBuck
Las Vegas
Member since Dec 2007
748 posts
Posted on 5/24/16 at 4:49 pm to
A 20 mile daily commute comes out to 15,000 miles for a three year lease. How much is the overage on mileage?
Posted by CBandits82
Lurker since May 2008
Member since May 2012
54099 posts
Posted on 5/24/16 at 4:52 pm to
quote:


$2500 down payment (off-set by $2500 CA state rebate), so basically we pay zero down


nice

quote:

$79 per month



awesome

quote:

36 month lease



not bad

quote:

7500 miles per year



Posted by Old Money
Member since Sep 2012
36375 posts
Posted on 5/24/16 at 4:55 pm to
quote:

7500 miles per year


Jeez. I'd need at least 10k if it were just a to and from work car.
Posted by burdman
Louisiana
Member since Aug 2007
20686 posts
Posted on 5/24/16 at 4:56 pm to
As long as she doesn't drive more than 2,500 miles per year besides work, seems like a good deal
Posted by VetteGuy
Member since Feb 2008
28188 posts
Posted on 5/24/16 at 4:58 pm to
This is why California is broke: A very stupid populace financing "clean" cars.


I personally wouldn't drive it, but that's cheap enough
Posted by VetteGuy
Member since Feb 2008
28188 posts
Posted on 5/24/16 at 5:00 pm to
Ummm....

RIF.
Posted by JamalSanders
On a boat
Member since Jul 2015
12135 posts
Posted on 5/24/16 at 5:00 pm to
quote:

A 20 mile daily commute comes out to 15,000 miles for a three year lease. How much is the overage on mileage?




He gets 22,500 miles over the lease.
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 5/24/16 at 5:06 pm to
If Texas had the 2500 refund (I have no idea if they have any credit), and I knew I could live with the 85 mile range (I can't). I'd do this in a heart beat. You pay more for cable than that. Haha. I'd get it as a 3rd vehicle. I commute a good bit though and I doubt the range would always work for me. Definitely couldn't be my only car.
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
59667 posts
Posted on 5/24/16 at 5:08 pm to
52 weeks a year times 5 days a week times 40 miles a day is 10,400 miles.

Just driving to work only
Posted by VetteGuy
Member since Feb 2008
28188 posts
Posted on 5/24/16 at 5:11 pm to
I read it as 20 miles per day?
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