Last post on Oct 23, 2013 at 3:46 PM
You are in the Audi A6
What is this discussion about?
Audi A6, Sedan
Jun 18, 2001 (10:08 am)
I must admit my 2000 A6 was leased through a bank -- term 27 months. I bailed out of the car 17 months and 23,000 miles. I got Audi of America to make the first payment on the 2001 A6 (on an AFS 30 month lease, no money down and no sec dep). I walked out of the dealer with the new car with 29 payments to go.) I still got a discount on the new car -- and they did pay off the old car completely -- and I did not have any issues crop up later. This is not my first Audi Financial Services Lease and I have been able to bail out time and again -- but I have always been trading in and trading up to a newer Audi. On one of the leases I traded a 1995 S6 on a 1997 A8 followed by a 12 month lease on a 1999 A6 2.8. The '99 was traded in after 7 or 8 months on a 2000 A6 4.2, etc.
I have no doubt about the "gotcha's" that have been disclosed in these posts. I have had exactly the same situation -- when I borrowed the money to buy a car -- not lease a car. I got upside down on a 60 month loan on a car (a Chrylser product of some sort) -- when the car pooped out before the payments, I found myself in a very painful $ituation.
So I am a "fan" of leasing -- but I have not been "burned" -- ever.
Best advice I could glean from all these posts -- read the contract. GM used to buy down the payments by inflating the residual, for example -- net effect, it was impossible ever to get out early as the value of the car was always way less than the payout. The payout only went away at the termination of the lease -- perhaps some of the same circumstances are in the contracts of AFS or the bank's.
#1317 of 6921 Post #297 - NJ Audi Dealer
Jun 18, 2001 (2:12 pm)
If Mendham (Morris County) works for you, I've been pleased with Audi of Mendham. Got two cars through Bonnie Manniello. She's very good to do business with. E-mail me if you want any more info.
#1318 of 6921 Can someone let me know how good this deal is?
Jun 19, 2001 (7:53 am)
I went to lease an A6 2.8 b/c of that special thats going on right now. BUT the problem is that the deal has been going on for about a month and most of the colors I want are not available.
I'm not stupid and realize that the 2.7t is much better but I'm not sure about the price until I went to the dealership yesterday and was made an amazing offer.
First of all, all the other dealerships that I have been to gave me a 39 mo lease price on the 2.7t for $578 w/ $1600 out of pocket, which was a bit too much for me. BUT yesterday someone offered me a 39 mo lease at $499 w/ $2000 out of pocket.
The car includes premium package, bose stereo, col weather pkg.
The msrp is $45,500.
Can someone let me know what they think of this deal?
#1319 of 6921 '02 2.7T Lease Deal
Jun 19, 2001 (8:11 am)
I've read that the mileage is only 10K a year, and over mileage is a killer. Don't remember what it was, but check it out. IMHO, $2K out-of-pocket isn't great. My out-of-pocket was $100 through a credit union, with monthly lease amount approximate to STANDARD Audi Financial deal. Also '02 A6 should have some substantial improvements, and word on the street is A6 sales have slowed a lot. An alternate strategy might be to wait 4 or 5 months, and see what you can do on an '02. IMHO, it's more important to buy the car, than the price. From what I know, I'd be inclined to wait for the '02's. If that's a deal-breaker, then the offered lease IS pretty good, if you do low mileage.
Jun 19, 2001 (8:17 am)
Picking up my new 2001 A6 2.7T this evening. Does anyone have any special tips for the break-in period?
#1321 of 6921 2001 2.7t lease
Jun 19, 2001 (8:58 am)
I'm sorry, I forgot to mention that the lease mileage is 12K per yr.
So thats $2000 out of pocket, $499 a mo for 39 mo.s on a 2.7t that was sticker priced at $45,500.
Alright, another problem just came about, the Lexus dealer that I went to has just called me and said he can do a GS300 for the same price w/ 12k miles per yr.
I test drove both of them and I think that they are both fantastic cars.
Any suggestions and links to any sites that may compare the two.
Jun 19, 2001 (10:27 am)
The quote i recieved for the 2.7t was $42,212.00 and the msrp was $45,500.00.
Invoice is $41,109.00, do you think I can do better than $1,100 over invoice?
#1324 of 6921 antbart, your information to us is too vague.
Jun 19, 2001 (10:51 am)
what is your cap cost?
what does this translate to in terms of invoice?
what is your mf?
I am assuming no security deposit and no acquisition fee?
also do you own or lease an audi, presently?
what state are you in?
what shape is your credit in?
from what I can tell you are over-paying. my goal would be $1000 over invoice with the base audi mf, which is believe is around .00139 for 2.7t (for the 4.2 it was .00153). You should decide if 12k mileage is reasonable as 15k will lower you residual by only 2%, which increase your payments by less than $20. If you really push the deal, $600 over invoice is probably doable as a recent poster got a 4.2t for $731 over invoice; however the difference between $600 and $1000 is only about $12 a month and I wouldn't loose sleep over such a difference. also I would make sure the color/option will suit you. the last point is probably a lot more important than some of the previous financial information.
if you never leased before there is a lot of information you must consider, if you are patient the people on this board, the edmunds leasing forum and Audiworld.com can answer almost every imaginable question you can have.