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Prices Paid: Buying & Leasing Experiences 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
As a California resident my son (age 25) is seeking to take advantage of Audi's special leasing before the end of today on an Audi A3 automatic. He has been given the price as $29,988. He has been offered a monthly payment of $311.84 with a $2700 down payment. Based on a post I saw on your site, is it worth taking the $895 wear and tear insurance option. He will be driving the full 15,000 miles per year and goes snowboarding a lot. Also, you mentioned the ability to negotiate more miles at a discounted rate. Is this at the time of the lease or later into it? What is a good residual value for this car? Finally, is a $350 fee upon return of the car mandatory or can we bargain that one away? Thanks for your help
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I am looking for a MF, residual on an A3 with 12k/month on a 24 month lease. I am wondering if Audi is offering a customer loyalty incentive as I currently have an A6. Thanx Carman
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Replying to: lulu20 (Dec 15, 2007 5:22 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jdmjd (Dec 31, 2007 8:13 am) If your son knows that he will drive more than 15,000 miles per year, he would be better off paying for the additional miles that he plans to use at lease signing than waiting until the end of his lease and having to pay a penalty for excess wear and tear. Miles that are purchased at signing are less expensive. Audi Financial Services charges a $575 acquisition fee at lease signing and a $350 disposition fee at lease-end. Neither of these charges are negotiable, but AFS will waive its disposition fee for consumers who lease another vehicle through them. It is difficult for me to give you my opinion on the selling price that your son was quoted for this car without knowing what its MSRP is. The MSRP will show me how much of a discount he is being given. Let me know what it is and I'll tell you what I think., I see that the deal that he was quoted includes a $2,700 down payment. He would be better off going with a zero down lease, even though it means his monthly payment will be a little higher. Consumers who make large down payments on leases risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Once your son has arrived at a selling price that he is comfortable with, make sure that the dealer calculates his lease payment using Audi Financial Services' buy rate lease money factor. AFS' current buy rate lease money factor and residual value for a 36 month lease of a base 2008 Audi A3 2.0T with 15,000 miles per year are .00075 and 48% in California. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: novatt (Jan 03, 2008 9:22 am) Unfortunately, Audi is not providing any owner loyalty cash on the A3 right now. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Jan 08, 2008 3:27 am) |
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Hello, I live in Cincinnati, Ohio and I am looking for some input on whether the price I was quoted for a new 2007 A3 is a good one or not. The car is a 2.0T, 6 speed and not heavily optioned, only metallic paint and open sky. The MSRP is $27,910 and the selling price is $24,500, which includes the $590 maintenance cost waiver, if it is a purchase. This is the lowest the dealer will go.I thought 20% off the MSRP was a good price but that was rejected by the dealer. If I lease it, the maintenance cost is added on which increases the residual a little. The lease would be 36 months, 12,000 miles per year, and a residual of 42% or $11,792. The money factor is 0.00206. I have a 2000 Audi A6 2.7T with 80,000 miles as a trade and was offered $6,500. The lease cost with the trade in is about $324/month and about $475/month if I take the trade in money back in cash. My concern is that I'm not getting enough price reduction for a 2007, given the extra depreciation of the leftover 2007 model. I also think the trade in price is low,since the Edmunds estimate is about $8,500 but the dealer uses the Black Book. What do you think? Thanks, Mike |
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Hi Car_Man, I'm interested leasing a 2008 A3 2.0T with S-line and S-tronic for 24-month, 12,000 miles/year. The residual and MF quoted to me by the dealer seem quite bad: 56% and .00345. I live in Texas, by the way. Do these number look right to you? Thanks a bunch!
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Replying to: jccai1 (Jan 31, 2008 3:00 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Does this seem fair? I would prefer to have a zero drive off, is this possible with Audi? Below is the e-mail quote I received from the Internet Sales Manager: ----------------------------------------------------------------------- 2008 Audi A3 2.0T S-Tronic Lava Gray Pearl Effect Light Gray Leather Options: Premium Package Open Sky System Heated Seats Rear Side Airbags Wood Trim iPod Adapter MSRP: $32,685 Internet Price: $31,272 36 month lease with 10K miles/year $339 plus tax with $4,869 due at signing (structured like the lease ad). or 36 month lease with 10K miles/year $425 plus tax with $1,856 due at signing (I took out the $2,999 down payment). --------------------------------------------------------------------------------- ----------------
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