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Audi A3 Lease Questions

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

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

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#137 of 241 Plan on getting a new A3 - is the price OK? by cdezso Jul 07, 2007 (1:31 am)
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. Replies to this message: thatsenough (Jul 07, 2007 5:58 am)
#138 of 241 Re: Plan on getting a new A3 - is the price OK? [cdezso] by thatsenough Jul 07, 2007 (5:58 am)
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)
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)
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. Replies to this message: Car_man (Aug 16, 2007 1:36 am) jkevinc (Aug 28, 2007 3:51 am)
#141 of 241 Re: New A3 lease deal? by rong Jul 27, 2007 (9:43 am)
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? Replies to this message: teddyoh (Aug 02, 2007 12:05 pm) angela1313 (Aug 06, 2007 10:39 am) Car_man (Aug 16, 2007 1:39 am)
#142 of 241 Re: New A3 lease deal? [rong] by teddyoh Aug 02, 2007 (12:05 pm)
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? Replies to this message: angela1313 (Aug 06, 2007 10:39 am) Car_man (Aug 16, 2007 1:39 am)
#143 of 241 Re: New A3 lease deal? [teddyoh] by angela1313 Aug 06, 2007 (10:39 am)
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)
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
#145 of 241 Re: Confirmation of July Lease Rates - A3 [jkevinc] by Car_man HOST Aug 16, 2007 (1:36 am)
Replying to: jkevinc (Jul 26, 2007 6:16 am) Hi jkevinc. Through September 4th, Audi Financial Services' buy rate lease money factor for a 24 or 36 month lease of an '07 A3 is definitely .00205. The .00330 money factor that you were quoted looks more like AFS' standard lease money factor. Perhaps the dealer is trying to use the standard rate on your lease so that they can take advantage of the $1,500 dealer cash that Audi introduced on the '07 A3. Have them calculate your lease payment using the .00205 money factor and see what sort of payment they come up with. If they are unwilling to work with you, I'm sure that you won't have much trouble finding a dealer that will.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: jkevinc (Aug 28, 2007 3:51 am)
#146 of 241 Re: New A3 lease deal? [teddyoh] by Car_man HOST Aug 16, 2007 (1:39 am)
Replying to: teddyoh (Aug 02, 2007 12:05 pm) Welcome aboard teddyoh. Audi has introduced a lease program on the 2008 A3, but it is not very good yet. Through September 4th, its buy rate lease money factor for it is .00317. I suspect that this money factor will get better over time, but in general Audi has not been providing a lot of support on the A3. It is a little too expensive for what it is for my personal taste.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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