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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
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Replying to: chiquita (Nov 26, 2005 2:14 pm) Audi did introduce a new lease program for the month of December. Its current 36 month buy rate lease money factor for the 2006 A3 is .00290. Car_man Host Smart Shopper / Prices Paid Forums |
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Hi guys I have just moved to the US, and want to get an A3. If they do a credit check they get "record not found" (obviously). The first deal I was offered over the phone was $569/month and about $1300 down (first month + registration + destination). This is 36 months, and 15000 miles/year. From calcs, this works out at MSRP of $29785 (premium, cold weather, open sky and Xeon), 52% residual, and MF of 0.0029. However, when I went in to test drive the A4 and sign the paperwork for the credit check, the dealer tried to prep me with the story about "tiers" of credit. Soo.... two questions: a) Is 52% residual value correct, or should it be higher ? Previous posts have mentioned 52% AND 62%. Which is it ? b) I would really like to know if Audi Financial Services has "tiers" of interest rates, or if the dealer is just about to try to screw me by loading the interest rate. Is the "tiers" of credit story correct ? Thanks !
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Replying to: mind (Dec 14, 2005 10:41 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: Car_man (Dec 28, 2005 3:38 am)
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Replying to: rjlaero (Dec 28, 2005 7:37 pm) Thanks for the info ! The dealer initially tried for a 0.00315 MF. That was stopped  I have the car, and am VERY happy with it so far. Interestingly enough, it has about 400 miles on the clock and is one of the original custom builds that came into the US with window-blinds built into the doors etc. It seems it was swopped from dealer-to-dealer several times. -Mind
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Replying to: rjlaero (Dec 28, 2005 7:37 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: mind (Jan 03, 2006 10:33 am) |
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I've never leased, but my current job makes it strongly desirable. I prefer the A3, so I went on Audi USA, and "built my Audi." On the A3, I went with 2.0T, DSG, a few options that led the MSRP to a bit over $32K. I then built an A4 Avant with the same engine, AT, Sport, S-Line, etc. to an MSRP of $42K. Guess what...for a 36 mo. lease, the A4 was LESS MONEY. For a car retailing at $10 more to purchase. I don't understand this. Does Audi believe that the A3 will depreciate that much more? If so, I gives me less incentive not only to lease it, but to buy it...b/c my resale after purchase will be lousy as well.
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Replying to: jmartin1 (Jan 07, 2006 8:25 pm) The A4 is Audi's bread and butter car for the U.S. They have to sell a lot of them.. Sort of like the Accord for Honda.. It is imperative that they be competitive on price with BMW, etc.. So, they incentivize the lease program with unrealistically high residuals to keep the payment down.. I believe that real-world depreciation is much higher for the A4 than these residuals suggest.. Of course, if you are leasing, these deals are great... In fact, you would be crazy to buy the A4 when the lease deals are this good.. The A3 on the other hand? It is a niche car for Audi.. They don't have great lease deals because they don't have to sell that many of them.. I believe the residuals on them are more realistic.. Plus, it is a lower priced car that will have a higher percentage of buyers vs. leasers than the A4. If you are leasing, it would be hard to pass up the A4 for the A3.. If you are buying, I believe real world re-sale depreciation will be similar.. regards, kyfdx Host-Prices Paid Forums |
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| Just heard that Audi has a lease deal on the A3 - 36 months, A3 2.0T DSG no options for $359/month, 10k/yr - any idea what the MF and residuals are | |
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