- #1751 of 2073
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Need help with a lease
by carmaster1
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Mar 20, 2008 (8:09 am)
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Hi everyone,
I am ready to lease an Audi A4 2.0T CVT. A local dealer has offered me $399.00/mo.incl. taxes 10k mi/yr. with $0 down. The MSRP on this car is $32500. The lease term is 36 months.Is this a good deal? Comments please.
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- #1752 of 2073
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A4 2.0T Lease
by carmaster1
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Mar 23, 2008 (8:11 am)
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Hi All,
Just signed a lease yesterday in Houston, Tx.
A4 2.0T CVT
MSRP: $32800 ( metallic paint/ bluetooth pkg.)
Selling price: $29500
MF: .00023
Residual: $17028
Term: 36mo./ 36k mi.
Monthly: $399 w/ zero down incl. all taxes and fees.
I hope this helps everyone.
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- #1753 of 2073
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Re: a4 cabriolet money factors [pacsurf]
by Car_man HOST
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Mar 27, 2008 (2:15 am)
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Replying to: pacsurf (Feb 16, 2008 2:46 pm)
Hi pacsurf. Audi is not providing lease support on 2007 models any longer. As a result, if you really want to lease you are better off going with an '08 model. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 Audi A4 2.0T Cabriolet without quattro with 12,000 miles per year are .00027 and 54%, respectively. I don't believe that Audi is providing lease support on 48 month terms for this car, so you're better off going with the 3 year lease.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1754 of 2073
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Re: 2008 A4 Q 2.0 [schley254]
by Car_man HOST
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Mar 27, 2008 (2:20 am)
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Replying to: schley254 (Feb 20, 2008 6:08 pm)
Hi schley254. I believe that the Special Edition A4 models are already at dealers. Audi is definitely already providing lease support on them. Audi Financial Services' current buy rate lease money factor for a 36 month lease of a 2008 A4 2.0T Special Edition Sedan is .00110.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1755 of 2073
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Re: a4 in houston metro area [machambi]
by Car_man HOST
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Mar 27, 2008 (2:36 am)
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Replying to: machambi (Feb 22, 2008 10:15 am)
Hello machambi. The lease payment for the A4 that you are interested in will vary depending upon what its MSRP and selling price are. If I was in the market for a Audi A4 right now, I personally would shoot for a selling price of around $500 over dealer invoice and then have the dealer subtract the $1,000 loyalty or conquest cash incentive from that, essentially making your purchase price $500 below invoice. You can look up the exact dealer invoice price of the car that you want by visiting the New Vehicle Pricing section of Edmunds.com. Also, make sure to stop by the "Audi A4 Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar cars lately.
Once you have arrived at a selling price that you are happy with, have the dealer calculate your monthly payment using Audi Financial Services' buy rate lease money factor of .00023 (for a 36 month lease of an '08 A4 2.0T Sedan) and you're all set.
Car_man
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- #1756 of 2073
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Re: 08 A4 Avant Lease [onmark]
by Car_man HOST
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Mar 27, 2008 (3:26 am)
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Replying to: onmark (Feb 26, 2008 6:33 am)
Thanks onmark. I'm glad that you enjoy this forum so much. The money factor that you were quoted on the A4 Avant that you are interested in looks about right. The acquisition fee is right in line with what Audi Financial Services charges as well. Off of the top of my head, I am not sure exactly how much this car's lease payment will drop with every additional $1,000 down payment, but I can tell you that it is not a good idea to put any money down when leasing. Consumers who make large capitalized cost reductions on leased vehicles risk losing part or all of them if their vehicles are totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be higher, you will be better off going with a zero down lease.
The best way to get a good deal on the car that you are interested in is to negotiate as low a selling price as possible on it. The 2008 A4 Avant that you are interested in probably has a spread of around $2,500 or so between its full MSRP and its dealer invoice price. Plus Audi is currently providing an additional $1,000 cash incentive on leases of it through AFS right now. That gives you a total of around $3,500 to play with in your negotiations. If I was in the market for this vehicle, I personally would shoot for a discount of $2,500 to $3,000 and see what happens. Once you arrive at a selling price that you are comfortable with, have the dealer calculate your monthly payment using this car's buy rate lease money factor and you're all set.
I believe that Audi's current lease program is scheduled to run through May 2nd.
Car_man
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- #1757 of 2073
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Re: 2008 A4 lease rates - PA [piperwarrior]
by Car_man HOST
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Mar 27, 2008 (3:35 am)
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Replying to: piperwarrior (Feb 26, 2008 9:46 am)
Welcome piperwarrior. The Special Edition model is indeed a sort of bridge between the end of the current generation A4 and the introduction of the new 2009 model, but it is not exactly some sort of special secret. The lease program that you were quoted for this car looks off. According to the latest information that I have seen, Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 Audi A4 2.0T Special Edition Sedan with 15,000 miles per year are .00110 and 53%, respectively. The residual value for a lease with only 12,000 miles per year would be 2% higher.
As far as this car's selling price goes, you definitely should be able to do better than $700 over TMV. $700 over dealer invoice minus the $1,000 cash incentive that is available on leases of this car through AFS right now is more like it.
Car_man
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- #1758 of 2073
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Re: Car_Man - Review this lease deal please [eastbeast]
by Car_man HOST
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Mar 27, 2008 (3:55 am)
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Replying to: eastbeast (Mar 04, 2008 8:02 pm)
Hey eastbeast. The Dealer invoice price of the car that you leased is probably around $36,800 to $36,900. I don't believe that the $1,000 cash incentive that Audi is currently offering on Audi Financial Services' leases of the A4 was available last month. So it looks like the selling price that you were given it less than $500 over dealer invoice, which is a great deal. Plus the dealer used AFS' buy rate lease money factor to calculate your monthly payment. This looks like a good deal to me. Enjoy your new ride .
Car_man
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- #1759 of 2073
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Re: march 2008 lease rates? [ltjbukem]
by Car_man HOST
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Mar 27, 2008 (4:06 am)
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Replying to: ltjbukem (Mar 06, 2008 12:17 pm)
Hi ltjbukem. Through May 2nd, Audi Financial Services' buy rate lease money factor and residual value for a 36 month lease of a 2008 A4 2.0T Sedan with quattro (not the Special Edition model) with 12,000 miles per year are .00023 and 53%, respectively. The money factor for a lease with only 10,000 miles per year would be the same, but the residual value would be 1% higher. When negotiating your lease on this car, make sure to take advantage of the $1,000 cash incentive that is available on leases of it through AFS right now. This cash will help you to negotiate an attractive capitalized cost.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1760 of 2073
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Any advice Car man?
by ferky
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Mar 27, 2008 (7:25 am)
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My '05 2.0T A4 lease is up in July. I want to get into another 36 month 2.0T A4 lease, and as much as I would love an '09, my understanding is that the 2.0Ts won't be out until a good while after the 3.2s, which are outside of my price range.
Given that I am settling for an '08, am I better off trying to get it now when there are still a good number of '08s to choose from and the incentives are decent, or will things only get better in the summer when they are that much closer to rolling out the '09s? My fear is that come June/July, they will have some decent incentives, but the inventory won't be there and I'll be stuck with a bunch of colors and options that aren't what I want.
Any thoughts on how to time a new lease?
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