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Prices Paid: Buying & Leasing Experiences Audi A4 Lease Questions
3145 messages, Last post on Dec 04, 2009 at 11:32 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: siman (Jun 11, 2007 7:14 pm)
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Replying to: edwardsf (Jun 12, 2007 5:29 pm) Contract with AFS and agreed terms is between you and them only - they only change the residual price if 3rd party attempts to buy car. No recourse as the contract is between you and them. He gets that. Not sure why you don't. He thinks it is a rather onerous position and less than customer friendly on AFS part to change the price if a 3rd party wants to buy and that would be convenient to you. Forces you to buy the car and pay tax before you re-sell. Which can be worked around in some states - just a hassle. So no penalty as you are entitled to buy the car at any time within the lease or at lease end - but ONLY you can buy it for the price agreed. BTW, before you brag too much on your deal - remember the MF and price should be low, but the higher the residual the better for the deal - means you are paying less for use of car for term of lease.
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Replying to: siman (Jun 11, 2007 7:14 pm) |
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Replying to: alex320 (Jun 13, 2007 6:31 am) It looks like the special leasing program is the bottom price and I am sure they will try to add on some other fees as you are dealing with them in person. I will try to minimize my downpayment and monthly payments  Thanks! PS: My dealership is Crown Audi - clearwater, FL.
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Replying to: mcwenzel (Jun 10, 2007 10:48 am)
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A reporter from a large local newspaper would like to speak to consumers who have just leased a vehicle. Please respond to ctalati edmunds.com no later than June 21, 2007 with your daytime contact information.
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Replying to: audihorse (Jun 13, 2007 7:16 am) Remember, by selling to the third party at resdiual, Audi will lose interest. AFS can certainly agree to release the lessee but they can also make up for this lost profit by charging more to the third party. Even if the lessee himself can eliminate the interest through a prepayment buyout, AFS has no obligation to grant this original contract inducement to a third party. By agreeing to transfer this price to the third party, Audi loses the opportunity to sell the car for the price and manner they choose. After all, it is AFS' car and they get to sell it at the terms they set. Again, AFS is under no obligation to provide a third party with the terms that they have negotiated with the lessee. I never said that Audi is taking a consumer friendly position. I only said that I don't believe that such a consumer friendly practice is industry custom. Neither of your combined 5 or 6 posts has provided any support for the existence of this supposed custom, so I can only conclude that it does not exist. One thing that we can agree on is that lessees should not assume that Audi - who subvents these leases - will let them transfer favorable lease terms to a third party. BTW, I never bragged about residual rates, just made a typo that a low residual is good. I meant a high residual is favorable. I did not get a great residual (.51) but I did buy at $1000 under invoice.
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what are the june buy rates on a 2007 a4 2.0 cvt cab
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Replying to: edwardsf (Jun 15, 2007 5:13 pm) I did not say AFS was unethical - maybe unfriendly, yes. And I believe the original poster if he says his research indicates other car cos. will sell to 3rd party for same price as they will to lessee. BTW, if you or I pay off a lease early- AFS will not charge interest on remaining payments so that is not the issue. Base payments + residual. But at equivalent of 1.29% interest, etc. who wants to do that? And as you noted, none of their terms -prepayment buy out of remaining payments due less interest + set residual (or if at lease end residual only) are avail to 3rd party. I have no problem with their terms - I just leased another Audi - and I fully understand the deal. But I thought Mcwenzel's point of view was perfectly legitimate and that he explained it quite well. Very good that you got $1000 below invoice. Did you pay that $495 advertising/prep fee they claim is on their "invoice"?
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Replying to: flashbordn (Jun 15, 2007 6:45 am) They nothing wrong! You avoided payhing sales tax if you bought it. |
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