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Audi A4 Lease Questions

2088 messages,  Last post on Aug 21, 2008 at 7:31 AM

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What is this discussion about? Audi A4, Car Leasing, Sedan, Wagon


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#2045 of 2088
Re: Is this a good deal? [rjorge3] by cpa_howard
Jul 01, 2008 (3:51 pm)
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Replying to: rjorge3 (Jun 25, 2008 8:10 pm)

I just signed the deal on the West Covina, CA, it's liked my previous post, no hidden cost and deal is liked email communicated. It takes about an hour from I walked in dealer to sign the contract and get the keys.
I'd strongly recommend people live in southern California to pay a visit Penske Audi, it's a pleased process.
I used Edmund's dealer locator to quote the dealers nearby my home, one in Santa Ana told me that the number is too aggressive, the other in Riverside, CA said they can beat it but don't show anything from email, so I went by and found they just try to fish me, so I just walked away and felt terrible.
Penske is the best, they even pick up from your home to dealer. It's good to live on the West Coast.
#2046 of 2088
Is this a good deal...still trying to decide by tomvien
Jul 01, 2008 (7:26 pm)
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Hello..
 
I am wondering if you, the experts, can give me some advice on the deal i was able to negotiate for 2008 A4.
 
Here it is:
2008 Audi A4 4dr Sdn 2.0T SE
Selling Price: 29,500
Balance due (after sales tax, title fee, documentation fee): 32,245
 
I went for 36 months, 15,000 miles, with 1,500 down for $382 a month.
 
Is this good or should i push for more?
 
Thanks for any info and thoughts...
#2047 of 2088
New lease rates on A4 Cabrio due July 1? by rr4mywife
Jul 03, 2008 (7:18 pm)
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Does anyone know the new lease rates on the A4 Cabrio? I'm interested in both the 2.0 and 3.2 ... in the New York Tri-state area. My understanding is that Audi will continue to produce the cabrio till November. After that, the cabrio will become part of the A5 line, with a new design expected in the Spring of 2009. Any information you can provided is appreciated.
#2048 of 2088
I'm thinking this is not a good deal by paiger1
Jul 04, 2008 (3:43 pm)
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I'm in Reno, NV, but am dealing with an Audi dealership in Sacramento.
 
Here are the details: Audi A4 2.0T Quattro 6 spd. Man., Special Edition w/ Bose, I-pod interface, sport suspension (not sport pkg, just susp. only). Red exterior, beige interior.
 
MSRP: $35,002
Adj. Cap: $33,777 (they told me invoice was $33,500)
Residual: $19,827 (55%)
Depreciation: $15,174.50
Money Factor: .00092
 
No $ down. 36 mo. lease/12,000k.
Monthly payment incl. tax is $508.53. This payment seems high to me considering the other posts I've read where people are getting payments in the low $400's or even sub-$400.00
 
Any ideas re: what I can do to negotiate a better deal. (they are also telling me I only have until July 7th and then the lease special will be over)...
 
Any advice would be greatly appreciated.
#2049 of 2088
Re: I'm thinking this is not a good deal [paiger1] by loggie
Jul 04, 2008 (5:32 pm)
Reply

Replying to: paiger1 (Jul 04, 2008 3:43 pm)

tell them you want the actual audi money factor of .00002 and not a marked-up money factor of .00092.
 
.00002mf = .05% while .00092 = 2.21%
 
that will knock almost $50 off your monthly.
 
I think the sub $400 deals are for cvt vehicles not quattro vehicles.
 
what are the drive-off costs ?
 
and make sure you are only making 35 payments.
#2050 of 2088
Re: I'm thinking this is not a good deal [loggie] by paiger1
Jul 04, 2008 (6:56 pm)
Reply

Replying to: loggie (Jul 04, 2008 5:32 pm)

Thanks loggie...
 
I also contacted the dealer in West Covina (Penske) that Jordan in this same message thread was recommending. This would be for an A4 2.0T CVT (I thought I would forego the quattro since I don't absolutely have to have it as long as car is front wd), Special Ed. but it doesn't have convenience or Bose. It does, however, have sport suspension, and wood trim and wood steering wheel, blue tooth, and i-pod adapter.
 
The selling price he quoted me is $32,168.00 plus the acquisition fee for an adjusted cap cost of $32,743.00 (he says invoice is $32,688 but I haven't seen their invoice)
Residual of $18,557.10
Money factor of .00037
Payments would be $413.02 per month + tax (which in Reno is 7.375%).
 
Only drive off fee would be the 1st year DMV fee.
 
The quattro I talked about in my earlier post was a payment of $508.00 (incl. tax) so by not going with quattro, or convenience pkg, or bose audio, I'd be saving about $64.00 per month in payment (trick is I have to get down to LA from Reno instead of simply driving to Sacramento) Worth it? I dunno... I'll see maybe if they will go to the .00002 mf - that would help
#2051 of 2088
Re: I'm thinking this is not a good deal [loggie] by paiger1
Jul 06, 2008 (12:28 pm)
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Replying to: loggie (Jul 04, 2008 5:32 pm)

Loggie/Car Man
 
So the dealer in Sacramento came back with the following on an A4 2.0T Quattro, 6spd manual, w/ convenience pkg, bose stereo, i-pod, sport suspension.
36 month/10,000k per year lease.
 
Net cap. $34,352
Adj. cap. $33,777
MF .00002 (they came down from the .00092)
No $ down except about $351 in DMV fees (which I'd have to pay anyway)
Monthly payment incl. NV tax of 7.375 is $434.00 (this is without audi care, which I told them I don't want).
 
They came down on the mf, but not on the adj. cap - do you think this is a good deal? Or do you see any more room for negotiation?
 
Thanks!
#2052 of 2088
Re: I'm thinking this is not a good deal [paiger1] by loggie
Jul 06, 2008 (5:00 pm)
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Replying to: paiger1 (Jul 06, 2008 12:28 pm)

looks like a very good deal to me, I am on the east coast and have yet to receive and offer that good, especially considering the options (convenience, bose, etc).
 
your mileage was originally 12k, it is now 10K, that is worth 1% on the residual or about $10/month on a $35000 msrp vehicle.
 
lastly, my opinion is that audicare is a no-brainer on leased vechicles.
you pay $650 but your residual increases by 1%, so the net cost = $650 - 350, or 300 for 4-5 scheduled service appointments.
#2053 of 2088
Sacto Dealer by artcricket
Jul 06, 2008 (6:58 pm)
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i leased an Audi last october from Niello. very good experience.
Lithia in reno services the car. perfect combo in my mind.
#2054 of 2088
Re: I'm thinking this is not a good deal [loggie] by paiger1
Jul 06, 2008 (10:04 pm)
Reply

Replying to: loggie (Jul 06, 2008 5:00 pm)

Thanks loggie - I appreciate the advice. I think it is a good deal too - I'm just always second-guessing when it comes to cars. I must say also - the sales associate I am dealing with at Niello Audi in Sacramento has been wonderful. Funny thing is, they had the exact same car at Lithia Audi in Reno but they claim to be a non-negotiable dealership. So they lost my business, but will be servicing my car. Am hoping to pick it up next weekend in Sac. I agree on the Audi care - I will add that - only increases the payment from $434 to $444...
 
Thanks again for your opinion - was very helpful...

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