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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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#135 of 241
Re: Current lease rates [black00] by Car_man HOST
Jul 06, 2007 (1:18 am)
Reply

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.
 
Car_man
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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.
#137 of 241
Plan on getting a new A3 - is the price OK? by cdezso
Jul 07, 2007 (1:31 am)
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Hi,
I am planning on getting an A3 this or the next weekend... am on a tight budget and so I'll be getting the very basic automatic in lava-grey - no premium, cold weather, open sky, nothing!
This DC area dealer offered to sell at $1,500 below invoice - it works out to be $1,200 below KBB/Edmunds invoice.
Audi A3 DSG Lava-grey
MSRP: 28,045 (destination charge included)
Negotiated price: 24,873
With all taxes and tile: 26,652 (no 550 warranty included)
 
I plan on paying the taxes, title, processing fee, and say 2,000 down-payment from the 24,873 negotiated price(more if
the lease deals are better)
 
1. Does the deal sound OK - 1,500 below invoice? Shall I try to bargain further?
2. I plan to lease it for 3-4 years 10,000 miles/year. Does Audi have any offers for leasing terms? And what is the residual value and money factor for this car?
3. If I lease it, should I go for premium/cw/open sky? Seems that everyone has some options on their A3s. Would the monthly lease payments be substantially different?
4. And finally, should I be aware of any other "unexpected costs" that I might encounter at the dealership?
 
This is going to be my first car purchase in the US (or anywhere for that matter), and I've only been to a dealership once, for the A3 testdrive.
 
Any insights are very much appreciated.
 
Allbest.
#138 of 241
Re: Plan on getting a new A3 - is the price OK? [cdezso] by thatsenough
Jul 07, 2007 (5:58 am)
Reply

Replying to: cdezso (Jul 07, 2007 1:31 am)

I don't know anything about leasing, but I think $1500 below invoice is a very good price. I am also thinking about purchasing an A3 soon, but the dealers here is only willing to take $1000 off the MSRP . I am in Houston, Texas... How can I propose to the dealer to take $1500 off the invoice price???
#139 of 241
A3 lease/purchased by siman
Jul 07, 2007 (7:35 am)
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I was offered (verbally) by my local Audi dealership for A3 barebone at $25K out the door (including tax, fees). The sales tax is in FL 7%.
Not sure about the MSRP, but I think it was in the $26K range (including the destination charge). It is absolutely the basic model with 6-speed Manual, clothes interior, red or white color. No upgrade!
Should I wait for the special lease program? I should have leased the car when I was there in the month of May....where they offered us $2K down, $340/mo plus tax with auto trans & audi care program for 12K per year (3 year lease).
Anyone know if they are going to have a new lease program for A3? Please advise. Thanks!
#140 of 241
Confirmation of July Lease Rates - A3 by jkevinc
Jul 26, 2007 (6:16 am)
Reply
Greetings.
 
The lease rate recently posted seems to conflict with the data I am obtaining from a local phila dealer.
 
For the 2007 A3 2.0T, the dealer states:
24 month (15k) - Resid = 56% and Money Factor = .0033
36 month (15K) - Resid = 51% and Money Factor = .0033
 
Others are posting a MF of .00205.
 
Can someone confirm?
 
Thank you.
#141 of 241
Re: New A3 lease deal? by rong
Jul 27, 2007 (9:43 am)
Reply

Replying to: amitvisual (Feb 24, 2006 3:41 pm)

Does anybody know if Audi is expected to renew it lease program on the 2008 A3? are they coming in August?
I am also looking at the A4 and the BMW 328 and so far the BMW with leather, auto, sport Pckg for $465 with first payment DMV and security deposit seems to be the best deal. A4 is the end of its life (2009 new model) and the A3 has ridicules rate around mid $500.
 
Any thoughts anyone?
#142 of 241
Re: New A3 lease deal? [rong] by teddyoh
Aug 02, 2007 (12:05 pm)
Reply

Replying to: rong (Jul 27, 2007 9:43 am)

First time poster. I've been following the A3 for months now. I really wanted to jump on the lease deal back in April or so when the Premium/Open Sky was $379. However, I wasn't able to do it at that time.
 
Now, it's the end of the model year for the 2007's, and I'm ready. I know there are plenty left on the lots. I live in New Orleans, but have also been looking in Baton Rouge and Houston. Plenty available, but the financing is ABSOLUTELY AWFUL!
 
I didn't even ask the MF or residuals, because the quote I got for $3000 down, 48 month, 12k miles was "a little over $600 a month!" I was disgusted! I am leasing a 2007 GMC Acadia which has an MSRP about $15k more than the A3 for that! It seems obvious that Audi is not serious about selling these A3's.
 
That being said, I really like the car, and the 2008 changes seem minor, but cool. Sirius is standard and iPod link is available now. I know they are in the US, as a dealer has told me they are in the port of Houston.
 
Does anybody have any idea about time from port to lot? Also, I echo the question above. Any ideas about lease specials on the new model year? Does Audi have a track record with that?
#143 of 241
Re: New A3 lease deal? [teddyoh] by angela1313
Aug 06, 2007 (10:39 am)
Reply

Replying to: teddyoh (Aug 02, 2007 12:05 pm)

Hi all. I'm a first-time poster as well and I too have been watching and hoping for better lease deals on the A3. Is there a chance that they'll offer more appealing deals on the 2007s once the 2008s are on the lot? I really want an A3, but I'm not very impressed with the lease terms I've seen so far.
#144 of 241
Re: Current lease rate A3 2.0 S-Line / Open Sky [intuneman] by Car_man HOST
Aug 16, 2007 (1:27 am)
Reply

Replying to: intuneman (Jul 06, 2007 6:17 pm)

Thanks intuneman. The money factor that you mentioned in your post is right on the money. However, Audi Financial Services' current residual value for a 36 month lease of a 2007 Audi A3 2.0 S-Line with 15,000 miles per year is only 46%. The residual value for an otherwise identical lease with 12,000 miles per year is 48%. These residual values are lower than you thought because the residual values of models that are equipped with the S-Line package are 2% lower than normal. As you mentioned, the addition of Audi Care would raise your car's residual by one point.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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