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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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#153 of 241
Early return of Premier Purchased A3 by tzhang
Oct 18, 2007 (6:47 pm)
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Hey Car_man,
 
  I am wondering if it's possible to return a premier purchased A3 back to Audi early ? Currently I have 24-month payments to go.
 
Thanks
 
--TZH
#154 of 241
Re: '07 or '08 Lease? [Car_man] by theresa11
Oct 24, 2007 (7:52 am)
Reply

Replying to: Car_man (Oct 01, 2007 2:23 am)

Car_man,
 
My Audi dealer told me that they have dealer cash until October 26th. Seems like an odd date for the cash to end. Any idea of when it really ends? Am looking at a 2007 A3 w/premium, open sky, metallic paint and 6 CD. Any idea of price? They offered $27,900. Thanks for comments!
#155 of 241
Early termination for premier purchase program. by tzhang
Nov 01, 2007 (12:48 pm)
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Car_man,
 
  How much is the early termination charge for premier purchase program?
 
Thanks
 
--Tony
#156 of 241
2008 Audi A3 Lease by cmel
Dec 06, 2007 (12:15 pm)
Reply
Hi Car_man,
 
I’m looking to lease a 2008 A3 2.0T S tronic with Preminum package, open sky, and ipod interface. My local dealer offers me this:
 
MSRP Price: $32,385.00
Invoice Price: $29,845.00
 
Your Price: $29,500.00
Lease 36 months at 10K miles per year:
Drive Off: $2,000.00
36 months at: $365.01 + Tax
 
What do you think? Is this a good price or still can negotiable?
 
Thanks,
cmel
#157 of 241
Leasing from Audi Financial by jaysails
Dec 07, 2007 (11:43 am)
Reply
It is a good product, but whatever you do, don't use Audi Financial for a lease.
Who ever you do use, be prepared at the end of the lease to get charged plenty. Audi uses a third party to inspect cars, and this third party has nothing to loose in charging for bogus wear and tear charges. Then they will take the car off the lot the same day, so if you do have an issue, it cannot be re-inspected. It reaks of rip-off. BMW has a much better turn in program, and they seem to be honest. If you really want this car, I would purchase it rather then lease. If you do end up leasing, I will wager that it will be your last Audi.
#158 of 241
Current Lease Program by lulu20
Dec 12, 2007 (2:12 pm)
Reply
Hello,
I am new to the forum and not all that brilliant at number crunching. Can someone evaluate this lease offer and provide an opinion on whether it's a decent deal? Or maybe throw in some tips on how to get a better deal? Thanks so much!!
 
$279 lease per month for 36 months
 
Down payment: $2,500
Refundable security deposit: $300
Acquisition fee: $575
First month's payment: $279
Amount due at lease inception: $3,654
 
36-mo. closed-end lease offered to qualified customers by Audi Financial Services through participating dealers. Must take delivery by 1/2/2008. Rate based on $29,305 MSRP of 2008 Audi A3 2.0T Premium 6-Speed with 6-speed manual transmission, premium package, panorama sunroof and destination charge. Purchase option at lease end for $16,118.
 
Required dealer contribution could affect final negotiated transaction. Lessee responsible for insurance and may have some financial liability at lease end. Lessee responsible for $0.25/mile over 10,000 miles per year and a disposition fee of $350 due at lease end.
#159 of 241
Re: Current Lease Program [lulu20] by blakebart
Dec 13, 2007 (8:47 pm)
Reply

Replying to: lulu20 (Dec 12, 2007 2:12 pm)

Hi,
It looks like the lease payment is too low, maybe a typo?
 
Here's the current A3 lease deal Audi is offering, seen on a California Audi dealer site:
 
_______________
 
$349* lease per month for 36 months
Now through January 2, 2008
 
Down payment: $2,499
Refundable security deposit: $350
Acquisition fee: $575
First month's payment: $349
Amount due at lease inception: $3,773
Excludes taxes, title and dealer fees
 
*36-mo. closed-end lease offered to qualified customers by Audi Financial Services through participating dealers. Must take delivery by 1/2/2008. Rate based on $30,785 MSRP of 2008 Audi A3 2.0 T with DSG, Premium package, open sky panoramic roof and destination charge. Purchase option at lease end for $16,932.
 
_______________
 
I'd LOVE to get an A3 for $279 a month if that's true
#160 of 241
Re: Current Lease Program [lulu20] by blakebart
Dec 13, 2007 (8:52 pm)
Reply

Replying to: lulu20 (Dec 12, 2007 2:12 pm)

Wait, I see it! You're right, $279 per month in DC! Whiskey Tango Foxtrot? Why would Audi have such a different program between east and west coast?
#161 of 241
Re: '07 or '08 Lease? [hnet] by Car_man HOST
Dec 14, 2007 (2:22 am)
Reply

Replying to: hnet (Oct 17, 2007 2:43 pm)

Hi hnet. Audi is running a special lease program on the 2008 A3 this month, but it is only available in certain areas, specifically California, Washington DC, and Florida. In these areas, Audi Financial Services' buy rate lease money factor and residual value for a 36 month lease of an '08 A3 2.0T Premium with 12,000 miles per year are .00075 and 53%, respectively. The residual value for leases outside of these areas would be the same, but the money factor would increase to .00286. This lease program is scheduled to run through January 2nd.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#162 of 241
Re: Early return of Premier Purchased A3 [tzhang] by Car_man HOST
Dec 14, 2007 (2:31 am)
Reply

Replying to: tzhang (Oct 18, 2007 6:47 pm)

Hi tzhang. I am sorry to say that it is usually fairly expensive to get out of leases and balloon notes (which is what the Premier Purchase Program is) well before their scheduled end dates. In order to do so, you need to purchase the vehicle from Audi Financial Services. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.
  
You can determine approximately how much it will cost you to get out of your car by comparing its purchase price to its value on the open market at this time. You should place a call to AFS to find out its exact price. Once you know exactly how much money it is going to cost you to buy your A3 you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your vehicle's current value and how much it will cost you to buy it plus any remaining payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your current deal to get another new vehicle.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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