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You are in the Prices Paid - Buying & Leasing Experiences
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Audi A4, Car Leasing, Sedan, Wagon
#1232 of 4423 Lease ending: To Buy or Not To Buy?
Mar 14, 2007 (9:22 am)
My beloved 2004 A4 1.8T Quattro 6-speed manual is coming to the end of its 42 month lease.
The residual price is $17,300. Looking at what this car is currently selling for, this seems like it might be a good deal. Is it?
I am also concerned about a warranty going forward. I would have 6 months left on the factory warranty, and considering the cost of Audi repairs, I want to have a warranty. What are my options here?
Also, is there a chance that Audi Financial will negotiate on the residual price (perhaps in conjunction with a warranty)?
Thanks much, Frank
#1233 of 4423 Multiple Security Deposits and Factory Orders
Mar 17, 2007 (5:05 am)
I'm looking to lease an A4 Avant with 6M. In estimating my payments, I've applied the numbers presented in earlier posts in this forum: MF of .00082 and residual of 57% for 12k per year (since I will purchase the Audi service plan)
I have three questions:
1. Are the numbers I'm using correct?
2. Should I be able to get these figures for a factory order, since I'm finding Avants with manual transmission difficult to find?
3. Does Audi allow for the use of multiple security deposits to lower the MF?
Mar 18, 2007 (6:41 am)
Greetings everyone, Please pardon my naievity as this is my first post.
I am looking at leasing a Q7 (3.6l) and would like your advice on what some of the dealers are offering to lease this vehicle across the East coast. We went to a dealer yesterday and he quoted $ 699/mo based on a 36 month lease.
#1235 of 4423 Re: A4 2.0T 6M Residual Value [Car_man]
Mar 18, 2007 (12:17 pm)
Thanks a lot for the info, Car_Man. My current lease expires in May and I'm researching ballpark costs.
Quick question with regards to the Audi Maintenance / Service plan. I know that it doesn't do anything for the residual value on 24/27 month leases, but I was wondering how much it costs. I've seen people suggest that the MSRP is about $500 bucks for a 36 month lease, but I'm wondering if it's less for a 24/27 mos lease.
Also, when calculating the lease price, is this included in the capitalized cost (and therefore included in the residual), or is this not included in the residual calculation?
Once again, thanks for your help.
#1236 of 4423 Re: Multiple Security Deposits and Factory Orders [kjenkins696]
Mar 19, 2007 (6:53 am)
2. ask your local dealer about "rate protection" with a factory order
3. yes, but the impact is nominal (.00005 per each extra security deposit)
#1237 of 4423 Re: A4 2.0T 6M Residual Value [tballs]
Mar 19, 2007 (7:02 am)
The Audi Care Maintenance plan is available for any new vehicle lease term for $550 ($590 > 03/19/2007). However, only at 36 month or longer lease terms does it afford the benefit of a 1 percentage point residual value increase (lowers your net cost for Audi Care). If you intend to drive 10k miles per year for a 24/27 month lease, it's probably more cost-effective to just pay the 15k and 25k service out of pocket.
#1238 of 4423 Lease offer on A4 Cabriolet CVT
Mar 19, 2007 (9:34 am)
This is my first post, and this looks to be the place to be for help. I've gotten a first offer from my local dealership (KC, Mo.)on a 2007 A4 Cabriolet CVT with the premium package, premium audio package and Bluetooth. 36 month lease/10,000 miles per year. The lease worksheet they provided me shows the following
Selling price - $41419 MSRP $42,995
rate - .00185
"adjusted residual" value (because of the Audi Care 1 percent adjustment?) - $27,946 -- earlier on the sheet it recites the residual as .65
The offer contemplates a significant up front payment of $3,970.75 made up of
acquisition fee - $575
cash - $2,000
document fee - $199.50
security deposit - $500
an unidentified figure of $696.25.
The monthly lease payment I've been quoted which includes taxes, Audi Care ($590?) and transportion costs to get the vehicle here is $497.33.
I'd appreciate your thoughts on this offer. The selling price appears to be about $1,800 over invoice, and we would not contemplate paying any more up front than absolutely necessary. Thanks in advance!
#1239 of 4423 Re: Lease offer on A4 Cabriolet CVT [dyoungs]
Mar 19, 2007 (11:05 am)
BTW -- From looking at other posts, it looks like the money factor they're using is very high, as is the residual value percentage. Presumably to make more money off me during the term of the lease while keeping my monthly payments lower. Am I looking at this right?
Mar 19, 2007 (12:04 pm)
I am currently looking at leasing an A4 Avant 6MT that would be ordered, although not all of the offers are in yet (awaiting a total of 8) the first two have money factors of .00115, which is somewhat higher than that .0008 or so I see floating around the forum. What gives? Am I missing something? Residual for 15K per year on a 3 year lease is 54% (quoted without Audi Care). Any opinions?
#1241 of 4423 Looks like my question is . . .
Mar 20, 2007 (2:05 pm)
What is the money factor on a 2007 A4 Cabriolet non-Quattro with the premium audio package, heated front seats, premium package and Bluetooth? 36 month lease/10,000 miles per year. The dealer is saying it is .00185. Quick assistance would be much appreciated as I have two dealers working on the same vehicle, and am close to being able to pull the trigger. The other dealer is saying the MF is .0015. Both are saying the rate is set by Audi Financial and can't be negotiated down! Someone is either negotiating down or up!