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Audi A3 Lease Questions

201 messages,  Last post on Nov 17, 2008 at 10:28 AM

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

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#177 of 201 Selling Price and Lease Terms for New 2007 Audi A3 by mfscinti Jan 23, 2008 (7:33 pm)
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
#178 of 201 Feb's MF and Residual? by jccai1 Jan 31, 2008 (3:00 pm)
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! Replies to this message: Car_man (Feb 08, 2008 3:27 am)
#179 of 201 Re: Feb's MF and Residual? [jccai1] by Car_man HOST Feb 08, 2008 (3:27 am)
Replying to: jccai1 (Jan 31, 2008 3:00 pm) Hi jccai1. Audi is running a special lease program on the 2008 A3 in certain states right now. Unfortunately, Texas is not one of them. As a result, if you were to lease one through Audi Financial Services in your area right now, you would have to use its standard lease money factors. Even though AFS' standard factor isn't great, it is a lot better than the .00345 that you were quoted. Its current buy rate lease money factor and residual value for a 24 month lease of a 2008 A3 2.0T with the S-Line package and 12,000 miles per year are .00261 and 57%, respectively. Make sure that the dealer that you are working with uses this lease program to calculate your car's monthly payment.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#180 of 201 Lease Quoted in Santa Barbara, CA by migity Feb 26, 2008 (10:04 am)
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). --------------------------------------------------------------------------------- ---------------- Replies to this message: gforce11 (Feb 29, 2008 1:41 pm)
#181 of 201 Re: Lease Quoted in Santa Barbara, CA [migity] by gforce11 Feb 29, 2008 (1:41 pm)
Replying to: migity (Feb 26, 2008 10:04 am) Ouch...it seems so much...I think the MF is so darn unattractive for Audi's right now. At this price, I'd probably head over to Infiniti for a G37
#182 of 201 Lease questions confused by cubcub Mar 16, 2008 (8:38 am)
Hi guys,   I'm coming to the end of my '04 Audi A4 lease. The cars been in two accidents and has been repaired, but nonetheless I am stressed about what awaits me at turn-in inspection.   I visited the dealership yesterday and they informed me that i had $5000 of wear and tear allowance built into my lease. Of course this was in context of me saying i was interested in getting into an A3. (Note, i lost my copy of the lease agreement in a house fire so I'm flying blind.)   A few questions:   1) Does the $5000 allowance sound legit? Or is this a ploy to get me into another audi.   2) Does anyone know what the MF, etc is on an A3 in Southern California is right now?   Thank you in advance,   Stressed Replies to this message: gforce11 (Mar 17, 2008 5:30 pm) cubcub (Mar 17, 2008 5:34 pm)
#183 of 201 Re: Lease questions confused [cubcub] by gforce11 Mar 17, 2008 (5:30 pm)
Replying to: cubcub (Mar 16, 2008 8:38 am) 5000 seems a tad high, my tsx has 1500...but here's the trick, each "ding", no matter how big or small counts for 500. which means, they let me get away with 3 "dings" that cost no more than 500 bucks to repair. pretty tricky, i would check with audi financial. when i turned in my a4 last year, i had probably one noticeable scratch on my rear bumper. I turned it in without an inspection and i wasn't billed by Audi, they just billed me for the disposition fee and thats it. Replies to this message: cubcub (Mar 17, 2008 5:34 pm)
#184 of 201 Re: Lease questions confused [gforce11] by cubcub Mar 17, 2008 (5:34 pm)
Replying to: gforce11 (Mar 17, 2008 5:30 pm) Thanks for the reply. I checked and I do have $5000 in allowance. So I'm feeling a bit better. Maybe I'm just being paranoid.
#185 of 201 Is this a good lease deal on the A3? by jkenik Apr 29, 2008 (12:41 pm)
msrp: $32,520 selling price: $30,667 (dealer cost $30,907) Resid. value: 49% ($15,934) Buy rate: .000700 Price Adjustment $949 (assuming this is to reduce the drive off) Drive off $479   10k/36m $442 + tax   Thanks! Replies to this message: Car_man (May 05, 2008 2:21 am)
#186 of 201 Re: Is this a good lease deal on the A3? [jkenik] by Car_man HOST May 05, 2008 (2:21 am)
Replying to: jkenik (Apr 29, 2008 12:41 pm) Hi jkenik. $300 under dealer invoice is an excellent selling price for a 2008 Audi A3. The money factor that you were quoted looks good as well. It is right in line with what Audi's April buy rate was in the states that it is running its special enhanced lease offer on this car in, assuming that you are having your car's security deposit waived.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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