VW Tiguan Monthly Installment
by Leland Morrison, on 10 November 2023
Jump to
- Overview
- Evolution of the VW Tiguan
- VW Tiguan Price
- VW Tiguan Monthly Installment
- Minimum Monthly Salary
- Alternatives
- Stats
- Tips to Secure the Best Monthly Installment
- Conclusion
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:
- Dealer Fees: Can include documentation, processing, and other administrative charges.
- Optional Add-ons: Upgraded features, accessories, or enhancements that come at an extra cost.
- Extended Warranties: Offer prolonged protection for the product at an additional price.
- Other Costs: Miscellaneous expenses that might arise such as transfer of ownership.
Monthly Installment
Monthly payments for the VW Tiguan vary between R10,770 and R17,002
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 | R12,582 | R11,324 | R10,770 |
| 1.4 Life TSI | R686,700 | R14,058 | R12,652 | R12,033 |
| R-Line 1.4 TSI | R753,700 | R15,430 | R13,887 | R13,207 |
| R-Line 2.0 TDI | R829,200 | R16,975 | R15,278 | R14,531 |
| R-Line 2.0 TSI | R830,500 | R17,002 | R15,302 | R14,553 |
The installment goes down when a 10% deposit is provided and even further when a 10% residual is added
Factors affecting your monthly installment:
- Prime interest rate
- Loan term
- Deposit
- Residual
- Credit score
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 | R83,881 | R75,493 | R71,800 |
| 1.4 Life TSI | R93,721 | R84,349 | R80,223 |
| R-Line 1.4 TSI | R102,866 | R92,579 | R88,050 |
| R-Line 2.0 TDI | R113,170 | R101,853 | R96,870 |
| R-Line 2.0 TSI | R113,347 | R102,013 | R97,022 |
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 | R7,357 | R10,439 | Very Low |
| Hyundai Creta | R7,574 | R10,697 | No Data |
| Kia Seltos | R7,728 | R11,505 | Low |
| Mazda CX-5 | R8,927 | R15,942 | Low |
| Nissan Qashqai | R9,820 | R13,729 | Very Low |
| Ford Puma | R9,855 | R12,568 | No Data |
| Hyundai Tucson | R10,154 | R16,703 | No Data |
| Honda CRV | R10,674 | R17,174 | Very Low |
| VW Tiguan | R10,770 | R17,002 | Medium |
| Citroen C5 Aircross | R11,165 | R14,001 | Very Low |
| Kia Sportage | R11,249 | R16,357 | Low |
| Toyota RAV4 | R12,490 | R17,059 | Low |
| Audi Q3 | R13,091 | R16,634 | Low |
| BMW X1 | R14,423 | R18,438 | Low |
| Hyundai Kona N | R15,567 | R17,379 | 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:
- Research & Compare: Investigate various lenders, comparing their rates, terms, and fees using online tools.
- Check Credit Score: A better score can lead to lower rates. Regularly review and work on improving it.
- Negotiate: Don't settle for the first offer. Be informed about market rates and available promotions.
- Choose Shorter Terms: Longer terms might have smaller payments but higher interest. Opt for shorter terms if possible.
- Consider a Deposit: A significant deposit can reduce monthly payments and possibly get a better rate.
- Understand the Terms: Be clear on all conditions, especially penalties for early or missed payments.
- Maintain Your Budget: Determine your monthly limit and stick to it. Avoid tempting deals that exceed it.
- 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.