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Audi A3 Lease Questions

241 messages,  Last post on Nov 09, 2009 at 2:42 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Audi A3, Car Leasing, Sedan


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#127 of 241
Re: MF & Residual on '07 A3 2.0T Premium + Open Sky [bdwelle] by Car_man HOST
May 31, 2007 (1:52 am)
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Replying to: bdwelle (Apr 06, 2007 4:19 pm)

Hello bdwelle. As I mentioned in my previous post, Audi's current lease program for the A3 varies by region. Let me know what state you are in and I will tell you what this car's exact money factor is for your area.
 
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#128 of 241
Re: MF & Residual on '07 A3 2.0T Premium + Open Sky [Car_man] by siman
May 31, 2007 (6:48 pm)
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Replying to: Car_man (May 31, 2007 1:52 am)

Hi Car Man,
I live in Florida and I am in the middle of looking for a lease program (A3). Last weekend, we visited the local Audi dealer and they gave us this price for Audi A3 2.0T (Base) with automatic trans:
MSRP: $27,990.00
Down: $2000 (including first month payment, but not including the acquisition fee or deposit)
Payments: $345 plus tax
Term: 36 months (36,000 mile)
What do you think of this deal? The leasing manager told us they maybe able to take another $10-$15 off per month.
Should I ask for more? such as maintenance services, etc?
When is the leasing program expired? Thanks!
#129 of 241
June and July Lease programs? by minn55441
Jun 01, 2007 (8:07 am)
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Replying to: siman (May 31, 2007 6:48 pm)

I am looking at an A3 2.0T Manual, with the following options. Premium, open sky, cold weather and Premium paint of Lava gray pearl ($450 upgrade). The MSRP is $30,015 including the destination charge ($29,240 without). I think I can pick one up for $28,500.
 
What would I be looking at in terms of Money factor and residual for a 36 month lease? Miles would probably be 10K to 12K. I live in Minnesota and will probably lease in June or July. In the past have the lease programs become better with the new model years arrival approaching?
 
Thanks for your help. Currently deciding between purchasing an 06 or leasing an 07. Depending on what the difference in payments would be.
#130 of 241
Re: MF & Residual on '07 A3 2.0T Premium + Open Sky [Car_man] by siman
Jun 01, 2007 (8:18 pm)
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Replying to: Car_man (May 31, 2007 1:52 am)

Hi Car Man,
It is me again, I tried to edit my previous post, but couldn't.
Just wanted to clarify my questions.
Originally, we planned to purchase. After all, owning 15 different vechicles in the last 6 years, we decided it is better to lease. We are planning to lease 2007 Audi A3 2.0T (Auto) and basic model. We were given the MSRP: $27,990. They said put $2000 down including the first month due (they didn't ask for deposit or acquasition fee). However, they mentioned that if we decided to go with another Audi lease (after this lease expired), they will waive the acquisition fee.
The monthly payment is $345 plus tax. If we want to include the maintenance services, add $15 per month.
The lease term is 36 months (36K miles), 25 cents per mile for over the mileage.
Right before we left, they mentioned something about the monthly price.....they could lower $10-$15 per month (so pretty much cover the maintenance services). The maintenance sevice did not include the tires rotation which is out of the pocket.
Also, he mentioned something about tires, they may charged $$$ if tires worn out at a certain % wear.
We need to know exactly what covers and what not. How could we know this? Any hidden fees or future costs when returning?
Normal wear is okay with them.
Thanks buddy!
#131 of 241
Current lease rates by black00
Jun 25, 2007 (10:07 am)
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Can someone please post the current lease rates/terms for the A3 2.0T CVT and Quattro? (24-36 mo 10/12/15K miles)
#132 of 241
Re: Current lease rates [black00] by siman
Jun 25, 2007 (5:42 pm)
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Replying to: black00 (Jun 25, 2007 10:07 am)

There's no good leasing rate for A3 this month. I tried to get a quote from my local, it was outrageous price! At the current month, they have great A4 leasing program. However, my local dealer said they may have a good leasing program for A3 next month. I prefer A3 to A4, so I am holding my hope for next month
#133 of 241
Re: MF & Residual on '07 A3 2.0T Premium + Open Sky [siman] by Car_man HOST
Jul 06, 2007 (1:13 am)
Reply

Replying to: siman (May 31, 2007 6:48 pm)

Hi siman. You never mentioned the selling price of the A3 that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.
 
As far as this car's lease program goes, Audi just introduced its new July program on 7/3.
 
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#134 of 241
Re: June and July Lease programs? [minn55441] by Car_man HOST
Jul 06, 2007 (1:15 am)
Reply

Replying to: minn55441 (Jun 01, 2007 8:07 am)

Hi minn55441. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2006 Audi A3 2.0T Premium with 12,000 miles per year are .00205 and 50%, respectively. The residual value for a lease with only 10,000 miles per year would be 1% higher.
 
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#135 of 241
Re: Current lease rates [black00] by Car_man HOST
Jul 06, 2007 (1:18 am)
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Replying to: black00 (Jun 25, 2007 10:07 am)

Here's the information that you're looking for, black00. Audi Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2007 A3 2.0T Base model with 15,000 miles per year are .00205 and 56%, respectively. The numbers for an otherwise identical 36 month lease are .00205 and 48%. If you were to lease with only 12,000 miles per year, this car's residual values would be 2% higher. Its 10k resids are 3% higher.
 
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Prices Paid Forum
#136 of 241
Current lease rate A3 2.0 S-Line / Open Sky by intuneman
Jul 06, 2007 (6:17 pm)
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Hi Car_man, Appreciate your info here. I wanted to confirm the lease info for a particular A3 since I don't know if certain packages make a difference on the lease rates. Also does prepaying for Audi Care raise the residual here by 1%? Thought I read that somewhere on these boards.
 
A3 2.0 S-Line with Open Sky, Black on Black
 
MSRP 30,895 on Edmunds calculator (though $30,840 at dealer)
Invoice 28,634 on Edmunds calculator
36 mo lease
12k and 15k miles annually
 
Is MF .00205 as above with 51% residual? Or am I slightly off?
 
Thank you.

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