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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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#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
#147 of 241 '07 or '08 Lease? by hnet Aug 27, 2007 (10:19 pm)
Just getting into the market and love the A3. I live in San Francisco. What is the best MF I can hope for an '07 or '08? Not in a huge rush, so I'm not sure if I should try to pickup an '07 or wait for a leasing deal on the '08. It looked like Audi had a leasing special back in April on the A3. Any thoughts on when that will come back around? My buddy just got a great lease on a Q7 and an initial probe into leasing an '07 A3 was almost the same monlty payment!   Thanks in advance for any and all advice! Replies to this message: Car_man (Oct 01, 2007 2:23 am) hnet (Oct 17, 2007 2:43 pm) Car_man (Dec 14, 2007 2:22 am) theresa11 (Oct 24, 2007 7:52 am) Car_man (Dec 14, 2007 2:55 am)
#148 of 241 Re: Confirmation of July Lease Rates - A3 [Car_man] by jkevinc Aug 28, 2007 (3:51 am)
Replying to: Car_man (Aug 16, 2007 1:36 am) Thanks Car_man. You are so right that the .00205 MF was from AFS. I had an excellent price on the 07 A3 which included a corporate discount; however, when I entered the dealer to buy the car the AFS rate quoted for a 24 month lease was not available. Apparently AFS rates start at 36 months. I left the dealer after they presented me with the .00330 MF. It would have been a great deal with the 07 discounts that were being pushed.   jkevinc
#149 of 241 A3 Lease Rates by pfje Aug 31, 2007 (10:52 am)
Hi Car man,   I live in Maryland and I am looking to lease an Audi3. I visited the local Audi dealer and they gave me this price for Audi A3 2.0T with automatic trans, S-package, and cold weather package.   MSRP: $31,385 Selling price: $31,284   Could you work up a lease package for 24 months/15,000 per year? What is the money factor and what is the residual?   Thanks in advance. Replies to this message: Car_man (Oct 01, 2007 2:34 am)
#150 of 241 Re: '07 or '08 Lease? [hnet] by Car_man HOST Oct 01, 2007 (2:23 am)
Replying to: hnet (Aug 27, 2007 10:19 pm) Hi hnet. Unfortunately, Audi is not providing much in the way of lease support on the A3 right now. As a result, it is not that great a car to lease. There are a lot better deals out there. Audi's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 12,000 miles per year. Let me know if you want something different. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a base 2008 A3 2.0T with 12,000 miles per year are .00307 and 53%, respectively. The numbers for an otherwise identical lease of a 2007 model are .00307 and 49%. Audi is currently providing $1,500 dealer cash on the 2007 model, but no dealer cash on the 2008 model.   It is difficult to say what Audi's future lease program on the A3 will look like, but I do not personally expect it to make any significant enhancements to the A2's program in the near future.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: hnet (Oct 17, 2007 2:43 pm) Car_man (Dec 14, 2007 2:22 am) theresa11 (Oct 24, 2007 7:52 am) Car_man (Dec 14, 2007 2:55 am)
#151 of 241 Re: A3 Lease Rates [pfje] by Car_man HOST Oct 01, 2007 (2:34 am)
Replying to: pfje (Aug 31, 2007 10:52 am) Hi pfje. You're only being given a $100 discount on the A3 that you are interested in . I am not personally all that familiar with what the market is like for the A3 right now, but that's not a very good deal. Combine the lack of discount with this car's lousy lease program and it becomes a pretty expensive vehicle to lease.   You never mentioned what model year the car that you are considering leasing is, so for now I will assume it is a 2008 model. Through October 1st, Audi Financial Services' 24 month, 15,000 mile per year buy rate lease money factor and residual value for the 2008 A3 2.0T Sedan with the S-Line Package are .00307 and 58%, respectively. Using these numbers, an MSRP of $31,385, and a selling price of $31,284, I estimate that your zero down, pre-tax monthly payment should be around a whopping $697. There are a TON of nice vehicles out there that you could get for less than that.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#152 of 241 Re: '07 or '08 Lease? [Car_man] by hnet Oct 17, 2007 (2:43 pm)
Replying to: Car_man (Oct 01, 2007 2:23 am) Hi Car_man,   Been told by a couple of local dealers that a new leasing incentive just started for the A3's this month. Any idea how long the new incentives will last? Looking to get a 2008 2.0T w/ Premium Package, Open Sky, and iPod Interface. 36 month lease 12,000 miles per year.   Thanks!   hnet Replies to this message: Car_man (Dec 14, 2007 2:22 am)

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