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If I end up having to pay full msrp and delivery fee for my ID.4, would it be silly of me to insist on a 0% interest loan? I do have stellar credit.
0% Interest Loan
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0% finance is rarely offered on new models. It never harms to ask.
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This model's already a year old 
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I don't know where you are, but it's a seller's market everywhere I am aware of.This model's already a year old
Did you pre-order the car?
Zero interest loans on new cars are a corporate incentive offered by the manufacturer, not the dealer. When you do see a zero (or very low %) offer, you'll note it is often limited to only certain models. It won't necessarily be offered on the most popular models -- they are trying to move inventory, so why give it for a model that is already selling well without the incentive?
For example, if you go to VW's corporate web site and check the "Special Offers" menu option, you'll see zero percent loans are only being offered for Tiguan, Atlas, Jettas, Passats. and Golf GTI, but only for the 2021 models and only for 36 months, (though the Passat offer goes up to 60 months. If you want an Arteon, they'll go up to 72 months -- guess those aren't selling very well.)
There are no loan offers for the ID4, but they do have one lease option for 36 months.
For example, if you go to VW's corporate web site and check the "Special Offers" menu option, you'll see zero percent loans are only being offered for Tiguan, Atlas, Jettas, Passats. and Golf GTI, but only for the 2021 models and only for 36 months, (though the Passat offer goes up to 60 months. If you want an Arteon, they'll go up to 72 months -- guess those aren't selling very well.)
There are no loan offers for the ID4, but they do have one lease option for 36 months.
Yeah, there's no way to really "insist" on it unless it's being offered by the manufacturer. Check your local credit unions, you can probably get 1-3%.
The current VW credit rates for A-tier is 2.08% up to 60 months, and 2.83% for 72 month. B-Tier add 1.25%, C-Tier add 3.75%, D-Tier add 8.75%. In hot markets like California it is difficult to get these rates for on the lot cars, because the dealer can sell them to someone else with markup. If you have a car on order you should be able to get these rates.
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I'm in Chicago. Pre-ordered the ID.4 in May. Should arrive at the dealer 9/13, give or take a week.
Isn't VW desperate to sell ID.4s due to the Dieselgate zero-emission quotas imposed on them? If I were VW, I'd be panicking at the amount of ID.4s sitting on dealer lots.
Isn't VW desperate to sell ID.4s due to the Dieselgate zero-emission quotas imposed on them? If I were VW, I'd be panicking at the amount of ID.4s sitting on dealer lots.
How many ID.4s are sitting on dealer lots?
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Not many, I would guess. I visited my dealet twice in the last few weeks.
The first time, I was driving past on the way to something else. I stopped to make an appointment to see if the car needed to be checked out. Turns out the dealer said it iis recommended to do a check after 60 days.
Today I was there for the actual appointment. I was only there for about 30 minutes or so.
Both times they said they have buyers waiting for more ID 4's, and none in stock.
John
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I'm pretty sure th
I haven't seen an ID.4 stay on a lot for more then a few days here in MKE
I think they had some sitting earlier in the year when they shipped a whole bunch of ordered cars and many people cancelled. Those days Model Y standard range was $43k and Long Range was $49k. You could buy any compact ICE SUV at a good discount. Now there is a markup for all ICE SUVs and Model Y starts at $54k with 6 month waiting time. Things have definitely changed. In the SF Bay Area iD4s sell within a few days with markup.
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Isn't the opposite true? The dealer seems to me to have the upper hand vs a reservation holder--they know the customer is in love with the car!
I had a reservation and picked up my car from my dealer at MSRP with zero add-ons (paint/interior protection, etc.) and no funny business. Meanwhile the non-reserved cars they received the same day were marked up at least $1,500 with those special "extras" that dealers use to inflate the price.
My understanding, confirmed by others in various threads around here, is that VW corporate leaned heavily on the dealers to not play games with the reserved cars. Here was their first-ever EV model in the US and the declared future direction of VW so they were anxious to not leave a bad taste in the mouths of the early acquirers. Hence, the corporate arm twisting. Technically, as independent franchises, dealers could still go ahead and play their normal sales games, but in total, they also still want a good relationship with corporate VW, so the reservation process went smoothly for most buyers (but that is "most", not "all.")
I suppose it depends how many people approach the dealer with an intention of paying over MSRP to get a vehicle sooner rather than later. If they have a list of such people then they will ask for more than MSRP knowing they have a good chance of getting more.
I am somewhat hopeful that my dealer won't play games, they have had the same ID.4 on the lot for sale since 8/26 which is marked up. So the market may not bear a higher price where I am in Tennessee. If that car is still on the lot when my car comes in then I should be able to have a drama free transaction. Unless they have a list of people looking for the AWD.
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you are reading tesla's prices wrong...long range is $53k, the $49k is the self claimed net price with gas savings. Tesla isn't making any standard range model Y's and they're typically short of their EPA by 10% to 15%. Finally VW has the $7.5k tax credit.
I was talking about Winter 2021, for a short few weeks Tesla had the MY LR at $49k and MY SR at $43k. Today SR doesn't exist anymore and LR starts at $54k+destination.
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winter of 2021 you mean last winter? ID4 wasn't out yet.
and compare to MY SR: still up to $7.5k price difference, for similar range and power, but better software and supposedly/subjectively better-charging network.
subjectively: different shape of car, no frunk, higher clearance, comfort and feel, 3 years of free fast charge; and my personal subjectivety: will have to spend more on wrap and tint on Tesla.
Not sure how you come up with "a bunch of people canceled their order"
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Showing my age here, apparently VWoA learned the hard lesson from the '70s intro of the Rabbit Diesel. With everybody hurting from the '73 OPEC embargo, VW dealers were gouging like crazy.
I pre-ordered one, it (finally) arrived, went to pick it up, and it was loaded with $1600 worth of trash add-ons I did not ask for. Think about that for a second... $1600 in 1975... on a $4000 car. Equivalent "packs" would be $8000 today.
I walked on that deal, they refunded my deposit, and I found a low-mileage demo at another dealer. That "demo" was in name only, I later discovered it was turned-in under California lemon laws and sold as-is for a reason. After a major fix, I got rid of it for 25% more than I paid for it, diesels were so in demand at the time, and promptly bought a '77 Accord, trouble-free until my ex wrecked it. I have not stepped into a VW dealership since then, the experience was a total turn-off to the brand.
Fast forward to now, and we're standing by for the ordering announcement for the ID.Buzz. I expect that one to be gouge city, with off-the-lot prices >$100K given the rich Baby Boomer demand. We'll wait a year for things to calm down, undoubtedly. Hopefully both of us will still be alive by then.
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