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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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#51 of 241
Re: 2007 A3 Lease Deals [wdrauch] by Car_man HOST
Sep 12, 2006 (2:31 am)
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Replying to: wdrauch (Aug 11, 2006 4:34 pm)

Here you go, wdrauch. I haven't seen this car's 42 month lease program, so here is its 39 month program. Audi Financial Services' current buy rate lease money factor and residual value for a 39 month lease of a 2007 A3 2.0T base model with 15,000 miles per year are .00336 and 47%, respectively.
 
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#52 of 241
Re: 2006 A3 MF and Residual [chainsaw2] by Car_man HOST
Sep 12, 2006 (3:40 am)
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Replying to: chainsaw2 (Aug 17, 2006 12:08 am)

I can help you out, chainsaw2. You're right, this car's lease program is not very good right now. Audi has not been providing much support on the A3. Audi Financial Services' current buy rate lease money factor and residual value for 24 month lease of a base 2006 A3 2.0T with 15,000 miles per year are .00316 and 58%, respectively. The numbers for an otherwise identical 36 month lease are .00316 and 46%.
 
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#53 of 241
Re: 2006 A3 MF and Residual [Car_man] by kurtamaxxxguy
Sep 12, 2006 (8:00 am)
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Replying to: Car_man (Sep 12, 2006 3:40 am)

Has there been any info or comments that suggest why the A3 lease program is so weak?
 
What might be the primary factors be in determining this poor lease value?
#54 of 241
Re: 2006 A3 MF and Residual [kurtamaxxxguy] by rjlaero
Sep 14, 2006 (3:46 pm)
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Replying to: kurtamaxxxguy (Sep 12, 2006 8:00 am)

The leasing issue has been discussed in deal on here before, so you might want to scroll back and do some reading.
 
But to give you the short version again, the A3 is a low volume car for Audi. It's expensive to manufacture in Germany, and there's not a lot of profit in the car. It's meant to bring people into the Audi brand at a reasonable price. A 10,000 a year volume car is not going to get much lease support. They don't need to move 50,000 a year and subsidise the money rate and residuals like a 3 series BMW or the A4.
#55 of 241
Re: 2006 A3 MF and Residual [rjlaero] by kurtamaxxxguy
Sep 15, 2006 (9:34 am)
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Replying to: rjlaero (Sep 14, 2006 3:46 pm)

Thanks for the short version.
A pity Audi cannot get the A3's manufacturing costs down.
#56 of 241
buying audi a3 by stevevw
Sep 17, 2006 (5:23 am)
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i offered 29,900 for a :
  
A3 2.0
DSG
LAVa pearl
cold weather
premium package
  
they did not accept my offer because i wanted the sirius thrown in. am i asking to much? they let me walk out over this and i was ready to buy right then. should i take it 29,900 and just do aftermarket sirius?
  
THanks for your help
#57 of 241
Re: buying audi a3 [stevevw] by ridgeback
Sep 18, 2006 (11:00 am)
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Replying to: stevevw (Sep 17, 2006 5:23 am)

I've just been quoted the following lease offer:
 
2007 A3 premium. $31,400 net, 36 month term, residual $17219, MF .00435, 10K miles per year.
 
The MF seems VERY high to me. Doesn't .00435 work out to be almost 10% ?!
 
Please advise,
Thanks,
Scott
 
#58 of 241
Re: buying audi a3 [ridgeback] by ridgeback
Sep 21, 2006 (10:49 am)
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Replying to: ridgeback (Sep 18, 2006 11:00 am)

Never mind, they came down to a MF of .0028 but that is still pretty high. I decided to finance the car over 60 months instead and sell the car in 3 years.
#59 of 241
Re: buying audi a3 [ridgeback] by Car_man HOST
Oct 05, 2006 (1:41 am)
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Replying to: ridgeback (Sep 18, 2006 11:00 am)

Hi ridgeback. .00435 is a TERRIBLE lease money factor. Audi Financial Services' buy rate money factor for this car, .00314, is bad enough. If you really want to lease an A3, insist that the dealer you are working with uses its buy rate money factor to calculate your monthly payment.
 
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#60 of 241
Re: buying audi a3 [ridgeback] by Car_man HOST
Oct 05, 2006 (1:42 am)
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Replying to: ridgeback (Sep 21, 2006 10:49 am)

Ahhh, that will teach me to respond to a post before scrolling down the entire page. I think that you made a wise decision, ridgeback. Audi's lease program on the A3 is pretty weak right now. Enjoy your new ride!
 
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