Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Audi A4 Lease Questions
3137 messages, Last post on Dec 01, 2009 at 4:02 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
Replying to: jkozlow3 (Nov 07, 2008 5:21 pm) |
|
when i leased my audi in late 06, there was no advertising or dealer prep fee. has that changed jescue?
|
|
|
Replying to: twodomes (Nov 08, 2008 1:16 pm) |
|
|
|
|
hey carman (or anybody)! i've got a fairly urgent question. i'm in the chicago area with a fair number of dealerships, so i whipped around the same email to about 8 dealerships, re: a4 2.0T quattro premium plus, MSRP $38000. most of them had similar sale prices, around $36000. for a 36 month lease, 15K with no money down (plus chicago taxes), i was being quoted monthly payments of about $700/month (ouch.) they were using the posted MF 0.00171 and audicare residual of 56%. however, i had one dealer who is offering me monthly payments much less, about $625, similar taxes included. when i pressed for the sale price and money factor, he replied that they could offer a much lower price because they were a wholesaler, for basically $34169. but his money factor was a whopping 0.00219. same audicare residual of 56%. when i mentioned feeling strange paying this inflated MF, his reply was that he was pretty confident that even with the higher money factor, his deal was the best. his quote: "do you want the lower money factor or lower monthly payment?" truth is, he's right. his is the best deal. and i'm having a hard time arguing his point. but it does feel strange. should i just take it? (or am i missing something...) [he's also pressing for me to close this deal before the new MF kick in, citing some new 5-tiered credit score based MF coming out. but i've seen a link that the "general" MF will be less at 0.00169. i'm not sure how this would effect this dealers MF.] |
|
|
Replying to: chiaudiguy (Nov 10, 2008 9:40 pm) |
|
|
Replying to: chiaudiguy (Nov 10, 2008 9:40 pm) |
|
|
Replying to: chiaudiguy (Nov 10, 2008 9:40 pm) It obviously all depends on your situation and if you can walk away from one dealer or another. But I'd tell the dealer to add Audi Care if you haven't already and make the payment $600.00 and see if he can match it. The dealers I mentioned above are very willing to deal and I was easily able to play each against each other. The only thing that may make it different now is that I got one of the first to hit the lot and apparently now they are selling rather well. Either way it looks like you got a very good deal!
|
|
|
Replying to: chiaudiguy (Nov 10, 2008 9:40 pm) Going from a money factor of .00171 to .00219 will raise your total expenditure over a 3 year period by approximately $1000 - all things being equal. Use any of the several lease calculators online to verify this. You should be able to easily compare your quotes to see which plan is more favorable. IMO, A good deal on a Premium Plus means that your TOTAL pre-tax payments over a 36 month period, 15k/yr come to: $18500 or less without Audi Care $18900 or less with Audi Care (residual is 1% higher) The above numbers do not include any taxes, tags, title fees, security deposit, etc. They are only the total of all pre-tax payments that go to Audi. The security deposit is refundable, so I don't tend to include that in my calculations. |
|
|
|
|
Replying to: cdepaola (Nov 11, 2008 3:20 am) i just asked him to re-do the numbers for 12K, and i'm getting $604/month. is this similar to what you got?! thanks. ps- any opinion on waiting until tomorrow? the official MF is to drop to 0.00169 from 0.00171. not sure if their "house" MF will do the same.
|
|
|
Replying to: chiaudiguy (Nov 11, 2008 8:34 am) You can EASILY get the Premium Plus for a total cap cost of under $36,000 including the acquisition fee (without Audi Care). The difference between .00171 and .00169 is next to nothing. Unless the residual changes for the better as well, there is no advantage in waiting. Where did you find your new MF numbers? Have you heard anything about the residual changing?
|
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Audi A4 Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Audi A4
Browse by Board
Browse by Topic
Today's Chats
