Volkswagen e-Golf Forum

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 Post subject: End of lease: next steps
PostPosted: Tue Jul 10, 2018 11:54 am 
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Joined: Tue Dec 15, 2015 10:41 pm
Posts: 35
So my 2016 silver eGolf lease is up in 5 months, though I will cross 36k miles in a month. Used model S are still $45k, no eGolfs available now, 2016 volts are still $20k.

I have the option to buy the eGolf for $12k....

Any suggestions on what to do.


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 Post subject: Re: End of lease: next steps
PostPosted: Tue Jul 10, 2018 1:37 pm 
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Joined: Thu Nov 16, 2017 4:53 pm
Posts: 31
Buyout the eGolf and drive it for 2 more years until there are more new and used options.

The 2016s are going for $15-18k retail.


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 Post subject: Re: End of lease: next steps
PostPosted: Wed Jul 11, 2018 11:25 am 
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Joined: Tue Jan 12, 2016 10:59 pm
Posts: 10
i am in a similar situation as my 2016 SE lease is up in January, 2019. Midway thru the lease, I purchased extra 5k miles at $.15/mile and will probably end up with over 42k miles at the end. My residual is $11,926 and i don't think the car will be worth much more than that. I am not planning on keeping the car since the range is barely enough for my commute. Plus the car usually get charged up to the max and draining down to single digit almost everyday so not sure about the health of the battery.
Hopefully VW will have something available by then. If not, most likely a VOLT or Leaf or i3.


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 Post subject: Re: End of lease: next steps
PostPosted: Wed Jul 11, 2018 4:44 pm 
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Joined: Sat Jul 25, 2015 2:24 am
Posts: 706
Location: SoCal
How much for the extra miles?

Does the car's range work for you?

Is there anything else about the car that would make you hesitant to lease an identical (including range) new one?

_________________
2015 eGolf SEL (originally leased, bought out lease)
former EV: 2012 Nissan Leaf SV (lease returned)
Range Extender: 2017 VW Golf Alltrack S 4Motion


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 Post subject: Re: End of lease: next steps
PostPosted: Thu Jul 12, 2018 8:51 am 
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Joined: Mon Nov 02, 2015 2:32 pm
Posts: 524
Location: Santa Cruz, CA
I've already bought an i3 to replace the e-Golf, but am currently mulling buying the e-Golf anyway to continue using as a commuter car as long as I'm still at my existing job. At a $12k purchase price and going for more than that on the used market, it's the best value you can get in an EV right now.

_________________
2016 e-Golf SE in Urano Grey leased 8/1/2016 for $1500 down + $50 x 24 months * Purchased 7/31/2018 * ChargePoint Home 32a (wired)
2018 BMW i3s REx in Mineral Gray purchased 6/12/2018 w/ Giga, Tech, Parking, CarPlay, Harmon Kardons, and of course Moonroof


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 Post subject: Re: End of lease: next steps
PostPosted: Fri Jul 13, 2018 12:36 am 
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Joined: Tue Dec 15, 2015 10:41 pm
Posts: 35
Why is VW not selling eGolfs...I bumped into someone who bought a new 2017...for $17k after rebate in CA and says he has no problem getting 140 miles. This is a huge step up from 2016, where I am barely getting 80 miles.

Come on VW...why cant you get your act together.


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 Post subject: Re: End of lease: next steps
PostPosted: Fri Jul 13, 2018 12:17 pm 
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Joined: Tue Dec 15, 2015 10:41 pm
Posts: 35
johnnylingo wrote:
I've already bought an i3 to replace the e-Golf, but am currently mulling buying the e-Golf anyway to continue using as a commuter car as long as I'm still at my existing job. At a $12k purchase price and going for more than that on the used market, it's the best value you can get in an EV right now.



What kind of pricing did you get on an i3?


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 Post subject: Re: End of lease: next steps
PostPosted: Fri Jul 13, 2018 1:35 pm 
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Joined: Mon Nov 02, 2015 2:32 pm
Posts: 524
Location: Santa Cruz, CA
egolfEr wrote:
What kind of pricing did you get on an i3?


Got the PG&E $10k cap reduction plus standard dealer discount. So a loaded i3s REx with an MSRP of $61k had a sale price of $48k. As a bonus, was able to qualify for a Santa Cruz/Monterey county rebate of $1500 for BEV and $750 for the REx.

Very cool car, though it's not anywhere near worth the $15-25k more than a 2017 e-Golf. Heck, even the Focus or Leaf make more sense. But I've always wanted an i3 and now I have one.

_________________
2016 e-Golf SE in Urano Grey leased 8/1/2016 for $1500 down + $50 x 24 months * Purchased 7/31/2018 * ChargePoint Home 32a (wired)
2018 BMW i3s REx in Mineral Gray purchased 6/12/2018 w/ Giga, Tech, Parking, CarPlay, Harmon Kardons, and of course Moonroof


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 Post subject: Re: End of lease: next steps
PostPosted: Fri Jul 13, 2018 5:45 pm 
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Joined: Tue Dec 15, 2015 10:41 pm
Posts: 35
johnnylingo wrote:
egolfEr wrote:
What kind of pricing did you get on an i3?


Got the PG&E $10k cap reduction plus standard dealer discount. So a loaded i3s REx with an MSRP of $61k had a sale price of $48k. As a bonus, was able to qualify for a Santa Cruz/Monterey county rebate of $1500 for BEV and $750 for the REx.

Very cool car, though it's not anywhere near worth the $15-25k more than a 2017 e-Golf. Heck, even the Focus or Leaf make more sense. But I've always wanted an i3 and now I have one.



So $48k - $10k - $7500 - $1500 - $750 = $28,250?


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 Post subject: Re: End of lease: next steps
PostPosted: Fri Jul 13, 2018 7:29 pm 
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Joined: Mon Nov 02, 2015 2:32 pm
Posts: 524
Location: Santa Cruz, CA
egolfEr wrote:
So $48k - $10k - $7500 - $1500 - $750 = $28,250?


The $10k from PG&E comes off top, which is nice because you don't get taxed on it. So after discounts, sales tax brought it up to $53k. Then the rebates: $7500 Fed + $2500 State (had to co-sign with with GF so we could qualify) + $750 county + $500 PG&E customer = $41,750. Roughly the same price as a well-equipt Model 3, which is the only comparable car in terms of interior and "wow" factor.

It was an OK deal, but value-conscious folks will likely conclude it's safer to just lease one for $400/month and then take the local rebates off that.

_________________
2016 e-Golf SE in Urano Grey leased 8/1/2016 for $1500 down + $50 x 24 months * Purchased 7/31/2018 * ChargePoint Home 32a (wired)
2018 BMW i3s REx in Mineral Gray purchased 6/12/2018 w/ Giga, Tech, Parking, CarPlay, Harmon Kardons, and of course Moonroof


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