Last post on Jun 30, 2013 at 8:47 PM
You are in the Audi TT / TTS / TT-RS
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Audi TT, Coupe, Convertible
May 26, 2001 (6:21 am)
I have found the comments on this forum to be helpful and I wanted to pass along some comments which might prove helpful to someone else considering leasing an Audi TT. I live in Wisconsin and was able to secure the following deal on a 2001 Lake Metallic Silver w/ebony interior Audi TT Quattro 225 hp Coupe with the Audio and Premium packages. Working up front with two dealerships (they must know that you are knowledgeable about leasing)I was able to negotiate the following terms:
MSRP = 39325 (a given)
Cap Reduction = 1575
Deposit = 5000 (I was willing to put this down)
Acquisition Fee = 490 (a given)
Residual = 62% of MSRP or 24381 (a given)
Money Factor = .003 (multiply by 2400 to get interest rate of 7.2%)
Waived Security Deposit
15000 miles (personal choice)
39 month lease (optimal because it stays well within the warranty period)
A new alternative set of aluminum alloy wheels and snow tires for winter included. Balancing & mounting also included.
Use of new demo car for any servicing needs.
Net cap cost would then be 39325-1575-5000+490 = 33240
Using the following down and dirty formula you can figure the monthly payment before sales tax.
[(N-R)/M] + [(N+R)x F] where
N = Net Cap Cost
R = Residual in $
M = # of months in lease
F = Money Factor (ex. .003)
Doing the math we get a monthly payment of $400.02
Multiplying by 1.055 (State sales tax of 5.5%) we get a total monthly payment of $422.02
The dealership figure may be a little higher but not by much. I think I got a pretty good deal as a result of homework and persistence. If anyone disagrees I would welcome their comments. I am hopeful that this posting proves useful to someone out there. Let me know if it does. Thanks.
May 27, 2001 (8:56 am)
Do you hear your buzzling light noises while the engine is on or not? I wouldn't be able to turn my lights on (xenon) without turning the engine on, and when the engine is on, I cannot hear anything coming from the panel (either that the engine has covered the noise or there is no noise really). I tried it last night, I'll try it again later on this morning.
As for the windows, yes, I am not sure if that's a design flaw or that it is a characteristics of the convertible. For regular hard-top cars, there is usually a drain rail on the side of the car collecting all the water dripping down the roof, but such mechanism is not available on the TT soft-top and hence the dripping problem. Not a big deal to me cos it doesn't rain that often here.
#14 of 512 Noises
May 29, 2001 (2:51 pm)
Without the engine running. As I said before just get in, shut the door and turn the lights on. I guess the lights don't actually come on but just turn the switch on and let me know if you hear anything. It has to be really quite in the garage. As to the rain coming in. As I said before, mines a coupe. There are no rails or gutters of any kind. The water just comes in. You just have to get used to rolling down the road before you let the windows down.
Jun 12, 2001 (3:41 pm)
What a lame board this has turned out to be. I guess the guys who used to come onto this board that owned TT were just caught up in the craze and not real car enthusiasts.
Jun 13, 2001 (4:04 pm)
Had the kit apply by a stongard retailer(takes 4 to 4 1/2 hours) in NJ nice job. Hope it lasts and helps keep the value of the car.
Jun 14, 2001 (5:31 am)
I wholeheartedly agree. This post has gotten quite lame! I remember when you would get 8-10 discussions a day. Now, its more like once a month. Come on guys, the TT's not extinct. Anyway, I continue to have a lot of fun with m,y TT. It is a 2000 coupe with fwd, black with bose audio and the 17" rims. I couldn't afford the quattro(although I still would have gotten it had i been able to get it for a reasonable price. My cvar was a 6-month old demo used by the owner. I instaleed a Joe hoppen motorsport chip. The power is great, but the torque steer is terrible. Doed anyone know of anything out that can reduce this, outside of going back to the original ecu? The 17" inch tires also contribute to the car's dartiness at high speeds.
Jun 14, 2001 (6:59 pm)
Can't say I know a way you can improve torque steer. I have the quattro and have yet to experience any torque steer, then again, the fastest I have ever gone is 70.
#21 of 512 is it worth the price?
Jun 16, 2001 (11:29 pm)
I'm thinking about purchasing a 2001 225hp coupe. But before I go out and commit to this I'd like to know from you that already own a TT if it is worth the price. My other choice is a BMW 330 sedan. Please give me your thoughts.