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Prices Paid: Buying & Leasing Experiences Audi A4 Lease Questions
3296 messages, Last post on Mar 18, 2010 at 2:54 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Folks I am getting the following deal A4 - 2009 with premium package - 10k miles a year, MSRP $35080 Down Payment $1000 + security Monthly $470 for 36 months. Does that sound like a good deal? I am thinking about putting an counter offer for $450 a month. Thanks in advance 
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alwaysa rookie, As you will see if you review the posts on this thread and others dealing with leases, you really should not negotiate based on monthly price -- you are doing yourself a disservice. Start by negotiating the price of the car as if you were going to buy it. (This will be called the capitalized cost on your lease paperwork). Then find out from the host of this board (i) the residual value for the model you want with the options/packages you want for the time period and mileage you want (the residual rate will fluctuate based on these factors, but is a "hard" number that generally is not negotiable); and (ii) the money factor (i.e., interest rate) as you are essentially financing the depreciation of the vehicle (there generally isn't room for negotiation on this point, either, so long as the dealer isn't marking up the base rate that Car_Man will give you). If you negotiate based on monthly price, you will almost certainly be talked into putting money down. If so, you're really not getting a better deal, you're just pre-paying some of your monthly lease costs (although you will not be financing those amounts, so you will save on interest for those amounts). Conventional wisdom is that you shouldn't make any capital cost reductions (i.e., down payments) on leased vehicles, as you don't have any equity in the vehicle and if it's totaled as you drive off the lot you will lose the money. |
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Replying to: alwaysarookie (Oct 14, 2008 2:13 pm) |
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The Cap cost is $33850 - It comes with the premium package - 6cd change, bluetooth & ipod interface - 36 months - 10k/ year Thanks for you help fellas
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Replying to: alwaysarookie (Oct 14, 2008 3:32 pm) |
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Just picked up my 09 A4 Quattro with Premium Plus and here is the deal I secured. MSRP = 37,525.00 Adjusted Cap Cost = 35,000.00 57% residual 36 months 12000 miles No money down Taxes rolled in _____________________________ $580.00 per month
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Replying to: cdepaola (Oct 15, 2008 7:14 pm) Best deal I have heard of yet. Can you tell me where? Thanks, Steve |
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Replying to: cdepaola (Oct 15, 2008 7:14 pm) Congrats. Sounds like a good deal off MSRP. What was the interest rate? What city/dealer did you receive this pricing? Enjoy the car. It really handles well. I am considering the A4 as you and the AWD TL. RXKE |
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Hi all, What do you guys think about this deal I have on the table? A LEASE FOR 36 MONTHS 15,000 miles on an A4 with premium pkg and navigation is $539 per month tax included with $1749. due at signing That is just inception fees no cap cost reduction the money factor is.00186 and the residual is 57%. Unfortuately I don't have the selling price of the car. I am also considering a 2009 Lexus IS 250 AWD for same term and miles for $546 per month (tax inc) with $1597.13 due at inception. MF is .0014 with residual of 53%. Thanks for your responses.
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Replying to: keitarou (Oct 16, 2008 9:22 am) For the same money, I'd take the new '09 A4 all day long. |
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