VW Tiguan Monthly Installment

by Leland Morrison, on 10 November 2023

VW Tiguan VW Tiguan

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Overview

The VW Tiguan represents a dynamic blend of performance, comfort, and cutting-edge technology, marking its territory as a formidable player in the compact SUV segment. Manufactured by Volkswagen, the Tiguan is designed for those who crave the assurance of German engineering coupled with the versatility of an SUV. From its expressive exterior design, with precise lines and pronounced shoulders, to the innovative interior, the Tiguan offers a multifaceted experience. Highlight features such as the LED tail light clusters, optional IQ.LIGHT - LED matrix headlights, and the Digital Cockpit Pro underscore its modern appeal.

The spacious interior provides a sophisticated sanctuary with luxurious comfort seats, ambient lighting options, and a selection of high-quality infotainment systems, including Discover Pro Navigation and Harman Kardon sound system. Functionality enhances convenience with features like EasyOpen for accessible luggage storage and App-Connect for seamless smartphone integration. Volkswagen's commitment to safety and driver assistance is evident in the Tiguan, offering a driving experience that is safe, intuitive, and engaging.

Evolution

The VW Tiguan has undergone an impactful evolution since its inception, constantly adapting to the needs of drivers and the demands of a competitive automotive market. From its modest beginnings to the newest model, the Tiguan has grown in sophistication, evolving into a potent blend of performance and style. Current models like the Tiguan R bring together the sports car dynamism with family-friendly utility, featuring a turbocharged engine coupled with a state-of-the-art 4MOTION all-wheel-drive system.

The evolution of the Tiguan also encompasses advancements in vehicle technology, such as IQ.DRIVE system, showcasing features like Adaptive Cruise Control and Area View Camera. Innovations in light design, such as the dynamic Light Assist, underscore the Tiguan's progressive nature. With a focus on delivering a high-quality driving experience, the evolution of the Tiguan is one that embraces innovation, safety, and driver satisfaction.

Price

The VW Tiguan is available in a range of variants, each with its own set of features and price tag. The base model starts at R614,600, while the top-of-the-line variant is priced at R830,500. The price of a particular variant depends on its engine, transmission, and other features.

Variant Price
1.4 TSI R614,600
1.4 Life TSI R686,700
R-Line 1.4 TSI R753,700
R-Line 2.0 TDI R829,200
R-Line 2.0 TSI R830,500

Additional Costs to Consider:

Monthly Installment

Monthly payments for the VW Tiguan vary between R10,458 and R16,562

The following table provides a few example calculations using the prime interest rate + 2% (13.75%) over a period of 6 years or 72 months.

Variant Price Installment 10% deposit 10% deposit and residual
1.4 TSI R614,600 R12,257 R11,031 R10,458
1.4 Life TSI R686,700 R13,694 R12,325 R11,685
R-Line 1.4 TSI R753,700 R15,031 R13,528 R12,825
R-Line 2.0 TDI R829,200 R16,536 R14,883 R14,110
R-Line 2.0 TSI R830,500 R16,562 R14,906 R14,132

The installment goes down when a 10% deposit is provided and even further when a 10% residual is added

Factors affecting your monthly installment:

Minimum monthly salary

Banks typically recommend not spending more than 15% of your monthly salary on a car repayment. With that in mind, here is the recommended monthly salary for each variant:

Minimum Salary
Variant No deposit 10% deposit 10% deposit and residual
1.4 TSI R81,711 R73,540 R69,722
1.4 Life TSI R91,296 R82,167 R77,901
R-Line 1.4 TSI R100,204 R90,184 R85,502
R-Line 2.0 TDI R110,242 R99,217 R94,067
R-Line 2.0 TSI R110,414 R99,373 R94,214

Alternatives

The Tiguan is a compact SUV, making it a good fit for the SUV-B category. The table below gives a comparison to other alternatives in the SUV-B segment.

Name Monthly From Monthly To Popularity
Omoda C5 R7,134 R10,169 Very Low
Hyundai Creta R7,345 R10,420 No Data
Kia Seltos R7,495 R11,208 Low
Mazda CX-5 R8,663 R15,529 Low
Nissan Qashqai R9,533 R13,373 Very Low
Ford Puma R9,567 R12,243 No Data
Hyundai Tucson R9,858 R16,271 No Data
Honda CRV R10,365 R16,730 Very Low
VW Tiguan R10,458 R16,562 Medium
Citroen C5 Aircross R10,843 R13,639 Very Low
Kia Sportage R10,925 R15,934 Low
Toyota RAV4 R12,133 R16,618 Low
Audi Q3 R12,720 R16,203 Low
BMW X1 R14,017 R17,960 Low
Hyundai Kona N R15,131 R16,929 No Data

Stats

Current popularity for the VW Tiguan is Medium with around 72 800 searches per month.

Tips to Secure the Best Monthly Installment Deal

Securing the best monthly installment deal is crucial for managing your finances effectively. Whether you're financing a car, home, or any other purchase, a favorable installment plan can save you money and reduce financial strain. Here are some tips to help you land the best deal:

  1. Research & Compare: Investigate various lenders, comparing their rates, terms, and fees using online tools.
  2. Check Credit Score: A better score can lead to lower rates. Regularly review and work on improving it.
  3. Negotiate: Don't settle for the first offer. Be informed about market rates and available promotions.
  4. Choose Shorter Terms: Longer terms might have smaller payments but higher interest. Opt for shorter terms if possible.
  5. Consider a Deposit: A significant deposit can reduce monthly payments and possibly get a better rate.
  6. Understand the Terms: Be clear on all conditions, especially penalties for early or missed payments.
  7. Maintain Your Budget: Determine your monthly limit and stick to it. Avoid tempting deals that exceed it.
  8. Seek Pre-approval: It provides clarity on what you qualify for and aids in negotiations.

By being diligent, informed, and proactive, you can secure a monthly installment deal that aligns with your financial goals and provides peace of mind.

Conclusion

Understanding the VW Tiguan price and available monthly installment options is an integral part of the purchasing process for potential buyers. Given that the Tiguan is more than just a vehicle -- it's an investment in quality, safety, and innovation -- it's paramount for customers to be well-informed about the financial aspects of buying a Tiguan. By conducting thorough research and considering factors such as insurance, financing models, and long-term value, buyers can make educated decisions aligned with their financial reality.

We encourage prospective Tiguan owners not only to explore the myriad features and capabilities of this dynamic SUV but also to consult with financial advisors when evaluating the purchase. Committing to a vehicle is a significant decision, and it requires careful attention to the financial commitments involved. With the right preparation and consultation, acquiring a VW Tiguan can become a reality, providing both an enjoyable driving experience and financial peace of mind.

source: https://www.vw.co.za/en/models/tiguan.html#MOFA