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VW credit offering lease extension on existing leases for ID.4 reservation holders

3353 Views 8 Replies 4 Participants Last post by MLopez, Nov 20, 2020

Wimbledon

Discussion Starter · Sep 25, 2020

I heard VW Credit will extend your existing lease for up to 6 months if you can show you have an ID.4 reservation. Can anyone else confirm? Anyone else taking advantage of this?

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MLopez

· #2 · Sep 25, 2020

Oh awesome!! Yeah if anyone can link to more info I'd appreciate it. My lease is up in January and I doubt the ID4s will be here by then.

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CJamie

· #3 · Oct 1, 2020

I spoke with someone from VW the other day and they confirmed with me that they will extend your current lease if you've pre-ordered an ID4!

What they told me is:

VW Credit Inc. (VCI) will extend the maturity date for lease customers.
They can extend up to 6-months (provided they are current on payments, in good standing, etc).
Customers can contact Volkswagen Credit at (800) 521-0171 to determine eligibility.

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FYI - most manufacturers will extend leases just by asking. I couldn't decide what to do after my RAV4 lease expired about a year ago & inquired about it. They put me on a month-to-month with the same payment, max 6 month term. I ended up buying it out, but it was totaled in an accident 3 months ago. Currently driving my daughter's car while she's at school (she's not thrilled to share a car with dad when she comes back for Christmas break), waiting/hoping/praying my reservation is fulfilled before she comes home for summer!

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CJamie

· #5 · Nov 20, 2020

Dave Mc said:
FYI - most manufacturers will extend leases just by asking. I couldn't decide what to do after my RAV4 lease expired about a year ago & inquired about it. They put me on a month-to-month with the same payment, max 6 month term. I ended up buying it out, but it was totaled in an accident 3 months ago. Currently driving my daughter's car while she's at school (she's not thrilled to share a car with dad when she comes back for Christmas break), waiting/hoping/praying my reservation is fulfilled before she comes home for summer!

Was Toyota easy to deal with when you asked about extending the lease?

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Dave Mc

· #6 · Nov 20, 2020

CJamie said:
Was Toyota easy to deal with when you asked about extending the lease?

Totally. I told them I was unsure of what I was going to do with the car & they suggested extending the lease to give me more time to decide. Anything to keep me in a Toyota...

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MLopez

· #7 · Nov 20, 2020

I've tried calling the end of lease number on the VW Credit website, and it keeps saying they are dealing with high call volume before hanging up on me. How were you guys able to talk to anyone about extending your lease until the ID4 is delivered?

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Dave Mc

· #8 · Nov 20, 2020

Sorry, this was about a year ago. I actually ended up buying my RAV4 Hybrid, but then was rear-ended & it was totaled 3 months ago. I'm driving my daughter's car while she's at school. We'll be sharing while she's home over Christmas & she's NOT thrilled. So technically right now I'm car-less.

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MLopez

· #9 · Nov 20, 2020

I finally got through! My lease is up January 23, he said call back after December 23 and they can switch to month-to-month over the phone with same payment amount.

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