348 messages,
Last post on Mar 20, 2013 at 5:49 PM
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Audi A3, Car Leasing, Sedan
#308 of 348 A3 TDI Lease - SoCal Market
by b2thev
May 03, 2011 (8:15 pm)
Hi Car_Man,
I put a deposit down on an A3 TDI with the following equipment:
Premium Plus
Metallic Paint
Alum Roof Rails
Cold Weather Pkg
Convenience Pkg
Open Sky Roof
Wheel Locks
I found out that my A3 TDI arrived early on Friday. AMEX shows the invoice at $35,185 and the MSRP at $37,055. The dealer quoted a net cap cost of $35,975 for a 36-mos lease at $587/mo and a drive-off of approx $1,909.15 (tax, title, lic, acquisition and 1st mo payment).
I know that TDIs aren't subvented like the gas models, and feel $750-$1,000 to the dealer is fair, but my numbers showed some additional cushion (I used .00136 and 55%).
Did the numbers improve in May? Edmunds is now showing dealer cash of $2,000 for the TDI, which I believe is new for the TDI for May...and could justify a $34,185 or better net cap cost?
Thanks for your great service, and straight-up advice!
#309 of 348 May 2011 A3 Offers?
by robritz
May 04, 2011 (12:17 pm)
Hi, wondering if anybody has seen/heard anything yet about the new May 2011 offers. The Audi site still shows the ones that expired on May 3 and can't seem to find any mention on the web or on local dealer sites.
Hoping to get a Premium Plus this week so hopefully the A3 still is getting the incentive love!
Thanks!
#310 of 348 Re: A3 TDI Lease - SoCal Market [b2thev]
by Car_man HOST
May 05, 2011 (3:54 pm)
You're very welcome b2thev. The dealer cash that you mentioned is only available on leftover 2010 A3 TDI models, so the new one that you ordered would not be eligible for it.
$750 to $1,000 over invoice is a reasonable selling price for this car.
Audi Financial Services' May buy rate lease money factor for this car is .00159 for consumers who qualify for its top credit tier.
Car_man
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#311 of 348 Re: May 2011 A3 Offers? [robritz]
by Car_man HOST
May 05, 2011 (3:55 pm)
Greetings robritz. Audi Financial Services' May buy rate lease money factor and residual value for a 36 month lease of a 2011 A3 2.0T Premium Plus with quattro and 15,000 miles per year are .00064 and 48%, respectively for consumers who qualify for its top credit tier.
Other than $500 loyalty cash, Audi is not currently providing any cash incentives on leases of this car.
Car_man
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Jul 22, 2011 (3:33 pm)
Hi Car Man, can you please let me know if this is a good deal on a 2012 A3 (2wd)?
Premium Plus
Sports package
Open sky
Navigation
Convenience package
10k miles/yr.
39 months
Approx. $1600 drive off
0 cap reduction
$560/month, including taxes
Earlier posts show much lower prices, but those appear to be for 2011, not 2012. Not sure what the deals are on the new incoming models.
Thanks!
#313 of 348 Re: A good deal? [stelladiver]
by Car_man HOST
Jul 31, 2011 (6:41 am)
Greetings stelladiver. It would be much easier for us to evaluate this deal if you were able to provide us with this car's full MSRP and selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number it is much more difficult to determine how large a dealer discount you are being given and in turn if there's any room left to negotiate. Let us know and we'll tell you what we think.
Car_man
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#314 of 348 August A3 Lease Rates?
by hedges1
Aug 02, 2011 (9:40 am)
Car_Man,
Do you happen to know the August lease rates for both 2011 and 2012 A3 models? Ideally I'm looking at either a TDI FWD or a 2.0T Quattro with 15,000 miles annually.
#315 of 348 Re: A good deal? [Car_man]
by stelladiver
Aug 03, 2011 (12:01 pm)
Hi Car_Man,
I'm looking at a different A3 now and got the info you asked for. Here are the details:
A3 Quattro
Premium Plus
Sports package with 18" wheels
Nav + ipod
Cold weather package
Convenience package
Open sky
Wheel locks
MSRP: $40,605
Selling price: $39,605
The dealer claimed to not have the invoice price, but says it's about 4% between the MSRP and invoice prices.
10k/year
0 cap reduction
approximately $1600 drive off
36 months: $583/mo (including tax)
39 months: $571/mo (including tax)
Would appreciate your thoughts ASAP, Car_Man, as I have to decide soon.
Thank you!
Stelladiver
#316 of 348 Re: August A3 Lease Rates? [hedges1]
by Car_man HOST
Aug 09, 2011 (5:02 pm)
I certainly do hedges1. Audi Financial Services' August buy rate lease money factor and residual value for a 36 month lease of a 2012 A3 2.0T Premium quattro with 15,000 miles per year are .00143 and 56%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a 2012 A3 TDI FWD are .00146 and 57%.
The numbers for the 2011 versions of these cars would be .00064 / 53% and .00141 / 53%.
Car_man
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#317 of 348 Re: A good deal? [stelladiver]
by Car_man HOST
Aug 09, 2011 (5:07 pm)
Hi Stelladiver. the car that you are interested in probably has a spread of around $2,700 between its full MSRP and dealer invoice price. That puts your selling price at around $1,700 over. It probably wouldn't hurt to shop around a little to see if you can beat this offer.
Car_man
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