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Prices Paid: Buying & Leasing Experiences
Audi A4 Lease Questions
2120 messages, Last post on Sep 06, 2008 at 12:04 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Car_man (Mar 29, 2007 3:45 am) One dealer quoted mt 620/mth with mass sales tax and where i'm getting it 601/mth with tax.If i pay 800 upfront, 325/mth. I am doing 23,000 miles per year on a 36 month lease. what am i paying per mile over? I believe I'm paying close to invoice Your thoughts
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Replying to: cars0153 (Apr 18, 2007 5:29 am) Lets see - standard leases are 15K/year, I heard of people buying up to 18K, perhaps 20K. That still leaves say 3-5K/year*3 years = 9-15K miles. Mileage penalty is usually 20-25c, so we get $1800-$3750. Do you still want to lease?
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A4 2.0 Quattro CVT S Line-Titanium Quart Grey Nav, Blue Tooth, Convenience, Sirius/Bose, Cold Wthr MSRP-$43400 Sale Price-$40,400 .00093 MF 58% Money Factor Good?
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Replying to: dino001 (Apr 18, 2007 5:41 am)
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Replying to: cars0153 (Apr 18, 2007 6:20 pm) Remember they may still apply 15K standard on wear and tear so the after return fees may be killers, too. I would be extremely weary leasing with expected mileage like that - unless of course it's not my money you're paying with at the first place |
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Thanks for the advice. I know the business and high milege drving is even more reason to lease. This will be my 2nd Audi lease and they are great. If my figuring is correct a 5 or 6 year loan would still have a higher payment. So if I did that and went to trade the car after 3 years, I would be upside down in the car! Plus have to deal with higher repair costs. The residual at lease end is about 22k, will the car be worth that? Who knows! They base the wear and tear on the milege contracted for. People are buried in cars they don't want today because they take out long term loans to make the car affordable. One should let the leasing company worry about value. Anyone who owns a sport utility today with gas being what it is, try to trade it and get what you owe!
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Replying to: cars0153 (Apr 19, 2007 6:03 am) Agreed, in principal. Of course other people take low-mileage leases on their 50 mile one-way commuters also to make payment lower and then scream bloody murder when overcharges come. Most people get burried in cars they don't want cause they could not afford them at the first place, regardless of transation type. You seem to know what you're doing - I was just making sure
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I'd like to at least have the option of making multiple security deposits on my upcoming lease. However, the dealer I'm working with said that MDS's will NOT reduce the money factor on the car I'm looking at, an A4 Avant. I called Audi Financial Services's main phone number and they deferred to the dealership on this. Is Audi offering MSDs? Where can I go to get "official" confirmation of this? I submitted the same question on this board back in March and was told that MSDs are available - has this changed? |
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Replying to: dino001 (Apr 19, 2007 7:56 am) Thanks for your input |
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I have these numbers for the following car: A4 2.0T Cabriolet Auto Quattro; Brilliant Black/Black Roof; Ebony Leather; Heated Front Seats; Premium Audio Pkg-Sirius; Blue Tooth Phone Prep; Premium Pkg. 36 months 12k miles/yr. $1571 total out of pocket (included is first month); total monthly cost is $513 (including taxes) I am purchasing it in Massachusetts. |
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