VW is offering a 24-Month Lease on 2024 VW ID.4 RWD Electric Vehicle for $999 down + $149/month. This offer is limited to select locations/dealerships only.
Thanks to Community Member BilalA6900 for posting this deal.
Note: $999 due at signing. Excludes tax, title, license, options and dealer fees. No security deposit. For well-qualified customers. Limited inventory available.
Closed end lease financing available through March 3, 2025 for a new, unused 2024 all‑electric ID.4 Standard RWD, on approved credit to well-qualified customers by Volkswagen Credit through participating dealers.
Monthly lease payment based on MSRP of $39,735 and destination charges, less a suggested dealer contribution and application of a $7,500 EV Lease Bonus resulting in a capitalized cost of $27,436.49.
Excludes tax, title, license, options and dealer fees.
Amount due at signing includes first month's payment, customer down payment of $151, and acquisition fee of $699.
Monthly payments total $3,576.
Your payment will vary based on dealer contribution and the final negotiated price.
At lease end, lessee responsible for disposition fee of $395, $0.20/mile over 20,000 miles and excessive wear and use. EV Lease Bonus applied towards lease contract and is not redeemable for cash. A $395 fee applies if you purchase your lease vehicle.
This collaborative space allows users to contribute additional information, tips, and insights to enhance the original deal post. Feel free to share your knowledge and help fellow shoppers make informed decisions.
VW is offering a 24-Month Lease on 2024 VW ID.4 RWD Electric Vehicle for $999 down + $149/month. This offer is limited to select locations/dealerships only.
Thanks to Community Member BilalA6900 for posting this deal.
Note: $999 due at signing. Excludes tax, title, license, options and dealer fees. No security deposit. For well-qualified customers. Limited inventory available.
Closed end lease financing available through March 3, 2025 for a new, unused 2024 all‑electric ID.4 Standard RWD, on approved credit to well-qualified customers by Volkswagen Credit through participating dealers.
Monthly lease payment based on MSRP of $39,735 and destination charges, less a suggested dealer contribution and application of a $7,500 EV Lease Bonus resulting in a capitalized cost of $27,436.49.
Excludes tax, title, license, options and dealer fees.
Amount due at signing includes first month's payment, customer down payment of $151, and acquisition fee of $699.
Monthly payments total $3,576.
Your payment will vary based on dealer contribution and the final negotiated price.
At lease end, lessee responsible for disposition fee of $395, $0.20/mile over 20,000 miles and excessive wear and use. EV Lease Bonus applied towards lease contract and is not redeemable for cash. A $395 fee applies if you purchase your lease vehicle.
My personal opinion would be to get him a used car if he or she a new driver. Cheaper insurance and less fear of damage. Damaging a leased car is going to be costly. Not meaning to offend or anything, just providing my own experience as an ex-college student.
Might want to consider a used EV instead. Model year 23 one owner vehicles under 25k should qualify for an additional 4k discount. the lease deal looks to be 10k per year for mileage. Prices exclude taxes and fees. I have an id 4. Can't say I would recommend it
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from superslickz
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Does anyone know if you lease a car, can an 18-year-old drive it? This seems like a great way for a college student to have a car for a couple of years.
My personal opinion would be to get him a used car if he or she a new driver. Cheaper insurance and less fear of damage. Damaging a leased car is going to be costly. Not meaning to offend or anything, just providing my own experience as an ex-college student.
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looking at this as my first lease attempt. Can someone please advise what are all the variables that I should negotiate with the dealer, and what is the targeted price for those variables.
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Might want to consider a used EV instead. Model year 23 one owner vehicles under 25k should qualify for an additional 4k discount. the lease deal looks to be 10k per year for mileage. Prices exclude taxes and fees. I have an id 4. Can't say I would recommend it
Last edited by honestabe January 5, 2025 at 10:41 AM.
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from superslickz
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Does anyone know if you lease a car, can an 18-year-old drive it? This seems like a great way for a college student to have a car for a couple of years.
I don't see why not. I drove a leased car in college that was in my parent's name but was insured under mine. I would assume most college kids "own" cars in their parent's name.
My recommendation now as a dad-
Get an insurance quote for that vehicle and your kid prior to purchase.
Understand the mileage allowance vs how much he/she will be driving.
It's an EV so access to charging on campus and or apartment.
You know how responsible (or not) your kid is. Obviously just by age they're at a higher risk of an accident.
Other factors to consider if/when they want to take it on a road trip (miles) or lending it out to friends/roommates. Those are the things I'd be concerned with if my kids were prone to doing things like that.
looking at this as my first lease attempt. Can someone please advise what are all the variables that I should negotiate with the dealer, and what is the targeted price for those variables.
I looked into leasing a EV. What I didn't realize is some states charge sales tax. In my state the sales tax was almost as much as the lease costs (it was a cheap lease).
There is a up to $4K rebate on used EVs. From what I recall, the rebate is for 30% of the sales price, applies to 2 year old and older model years, has income limits, and you need tax liability (it's not a credit). There's some good used EVs on the market at good prices. Most EVs come with at least a 8 year / 100K mile warranty on the battery.
There's all sorts of lease cost calculators online that go through all the variables.
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Though a more restrictive lease, the same dealer brand offering the $0 down / $0 payments Fiat 500e lease had an ID.4 through today for $0 down / $80 month.
Lease a New 2024 Volkswagen ID.4 Standard on select trims for $80/mo for 24 months with a $0 down payment and no security deposit. Stock: LVW240795 VIN: 1V2BMPE88RC020012 MSRP: $41,456, Selling Price: $37,155.
7,500 allowable miles per year. Lessee may be responsible for additional charges at end of lease term based upon the difference between the residual value and its realized value. On approved credit. Due to market conditions, call or see the dealer for price and availability. The first month's payment is due at signing. All prices exclude a $699 dealer handling fee and a $695 acquisition fee and exclude tax, title, and license fees. Offer Ends: 1/5/25
Good luck!
Jon
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I don't see why not. I drove a leased car in college that was in my parent's name but was insured under mine. I would assume most college kids "own" cars in their parent's name.
My recommendation now as a dad-
Get an insurance quote for that vehicle and your kid prior to purchase.
Understand the mileage allowance vs how much he/she will be driving.
It's an EV so access to charging on campus and or apartment.
You know how responsible (or not) your kid is. Obviously just by age they're at a higher risk of an accident.
Other factors to consider if/when they want to take it on a road trip (miles) or lending it out to friends/roommates. Those are the things I'd be concerned with if my kids were prone to doing things like that.
I always believe a dad can always find a good used maintained starter car ie 10+ year Toyota Corolla for example for their children going to college and have it insured under his name to help keep the price down. It is much more cost effective than to buy a brand new said car. Responsibility are taught by example.
Last edited by Spaceman6969 January 5, 2025 at 11:13 AM.
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one of the worst cars i've ever owned, technology is very poorly designed and frustrating, countless recalls and range is mediocre at best.
there are many more comparable options when it comes to EV. Chevy Equinox being one that is also very well priced.
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Our community has rated this post as helpful. If you agree, why not thank BilalA6900
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one of the worst cars i've ever owned, technology is very poorly designed and frustrating, countless recalls and range is mediocre at best.
there are many more comparable options when it comes to EV. Chevy Equinox being one that is also very well priced.
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I don't see why not. I drove a leased car in college that was in my parent's name but was insured under mine. I would assume most college kids "own" cars in their parent's name.
My recommendation now as a dad-
Get an insurance quote for that vehicle and your kid prior to purchase.
Understand the mileage allowance vs how much he/she will be driving.
It's an EV so access to charging on campus and or apartment.
You know how responsible (or not) your kid is. Obviously just by age they're at a higher risk of an accident.
Other factors to consider if/when they want to take it on a road trip (miles) or lending it out to friends/roommates. Those are the things I'd be concerned with if my kids were prone to doing things like that.
There is a up to $4K rebate on used EVs. From what I recall, the rebate is for 30% of the sales price, applies to 2 year old and older model years, has income limits, and you need tax liability (it's not a credit). There's some good used EVs on the market at good prices. Most EVs come with at least a 8 year / 100K mile warranty on the battery.
There's all sorts of lease cost calculators online that go through all the variables.
From Larry H Miller VW Lakewood [lhmvw.com]:
7,500 allowable miles per year. Lessee may be responsible for additional charges at end of lease term based upon the difference between the residual value and its realized value. On approved credit. Due to market conditions, call or see the dealer for price and availability. The first month's payment is due at signing. All prices exclude a $699 dealer handling fee and a $695 acquisition fee and exclude tax, title, and license fees. Offer Ends: 1/5/25
Jon
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My recommendation now as a dad-
Get an insurance quote for that vehicle and your kid prior to purchase.
Understand the mileage allowance vs how much he/she will be driving.
It's an EV so access to charging on campus and or apartment.
You know how responsible (or not) your kid is. Obviously just by age they're at a higher risk of an accident.
Other factors to consider if/when they want to take it on a road trip (miles) or lending it out to friends/roommates. Those are the things I'd be concerned with if my kids were prone to doing things like that.
I always believe a dad can always find a good used maintained starter car ie 10+ year Toyota Corolla for example for their children going to college and have it insured under his name to help keep the price down. It is much more cost effective than to buy a brand new said car. Responsibility are taught by example.