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Audi A4 Lease Questions

3137 messages,  Last post on Dec 01, 2009 at 4:02 AM

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


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#2304 of 3137
Re: [jkozlow3] by twodomes
Nov 13, 2008 (9:41 pm)
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Replying to: jkozlow3 (Nov 13, 2008 9:23 pm)

Thanks for all the info jkozlow. So even though it says $0 acquisition fee, they are just not charging you for it up front but then adding it to your monthly payments?
#2305 of 3137
Re: [twodomes] by jkozlow3
Nov 14, 2008 (7:01 am)
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Replying to: twodomes (Nov 13, 2008 9:41 pm)

Correct. The lease paperwork will still reflect a $625 acquisition fee.
#2306 of 3137
2.0 T Premium Plus by webba
Nov 14, 2008 (7:21 am)
Reply

Replying to: jkozlow3 (Nov 13, 2008 9:23 pm)

Guys, I don't know which one is right but I received a quote with 58% (with Audi Care) Residual and 0.00169 MF. This is for 09' 2.0 T Premium Plus with Nav. and sport package, 36 month lease, 12K miles/year. See below for detail:
 
Monthly Payment = $640.00 - with only first month due at signing
MSRP: $41,475.00
Sale Price: $39,084.00 ($499 over invoice)
Costs Added to Lease: $3,941.00 (Tax-$2,345.00; Tags/Title-$331.00; Audi Care-$650, & Acq Fee- $615)
Cap. Cost Reduction: $0
 
The sport package makes it difficult to negotiate since they have a limited number of those. I would have gotten a better deal if it was just the premium plus. What do you guys think?
#2307 of 3137
Capital Reduction by spiff69
Nov 14, 2008 (8:01 am)
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Hi all,
 
Sorry for the newb question, but I'm debating between a used 07 or 08 A4 or a new lease on a prem plus or prestige. I was planning on making a significant down payment for the used car ($10K), but the new models look great and are obviously well regarded. Is it a bad idea for me to take that down payment and use it on a lease for cap reduction and lower the monthly?
 
Thanks for your help.
#2308 of 3137
Premium Plus w/ Sport Package by omszz
Nov 14, 2008 (8:16 am)
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I just signed yesterday for Premium Plus + Sport Package + Meteor Gray paint.
 
Here are the numbers I got:
 
Lease: 3yr / 36,000 miles
MSRP: $39450
Invoice: $36700 (debatable, dealer says its close to $37000)
Sale Price: $37000
Acquisition Fee: $625
Audi Care: $650 (rolled into cap cost)
Cap Reduction (owner loyalty): $1500
Net Cap Cost: $36725
Residual: .56 (due to Audi Care)
Money Factor: .00169
Downpayment: $499 to cover licensing, up front taxes, $50 doc fee
 
Payment: $505 + taxes
Dealer makes 1st months payment
 
I believe the dealer made $625 profit on the aquisition fee, but other than that, it seems like the price of the car is close to invoice. Edmunds invoice lists $36700, but the dealer showed me a higher invoice price which had advertising fee and one other small item that Audi charges the dealer. His contention was invoice is right around $37000 for Premium Plus + Sport Package + Meteor Gray paint.
 
They also took my existing lease back early so we didn't have to make the last payment on it.
 
Not a killer deal, but the $1500 incentive and 1st months payment made it worth it in my mind.
#2309 of 3137
Bay Area Audi deals MIA by dilbertic
Nov 14, 2008 (11:28 am)
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I checked the Audi Bay Area website again for deals and it seems that all the linkable text is missing? Wonder if they are rewording or adding more models to the deals?
 
Dil
#2310 of 3137
Re: 2.0 T Premium Plus [webba] by twodomes
Nov 14, 2008 (11:44 am)
Reply

Replying to: webba (Nov 14, 2008 7:21 am)

I dont understand how youre getting offered a residual that's 2 percent higher than everyone else. I think you should run with it, but the sale price should be at invoice, at least thats what it is here in LA. Also, I called Audi and they are paying the first month's payment but the acq fee, ttl are being rolled into leases to make it a sign and drive event.
#2311 of 3137
Clarification on $1500 loyalty cash by atsenb
Nov 14, 2008 (4:04 pm)
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Can someone clarify the $1500 loyalty cash? e.g. does it effectively do one of the following in the leasing calculation or does it do something else?
 
1) Loyalty cash lowers the sales price (or the adjusted cap cost) so that you don't pay tax on this amount
2) Loyalty cash does not lower the adjusted cap cost, so you would effectively treat it as a "rebate" or can apply it towards the downpayment (in which case, you would pay tax on this amount).
 
I currently have a lease on a 2007 A4, paying $450.52, I think lease termination charge is about $650 (does anyone have the exact number)? And if I lease another Audi, does this mean that I get BOTH the $1500 and also get to waive paying for the $650 lease termination charge??
 
Based on what others are saying about the current leasing program, if I am leasing a Premium + with 36m/10k (56% residual), msrp $38000, people seems to be targeting around invoice ($35,352 per edmunds, including destination charge), so if you add acquisition bank fee of approx. $625 and around $150-200 for doc and license, etc., you should be able to get the car for about $500-505 before taxes. Is that somewhat accurate?
 
Thanks in advance for answering my questions.
#2312 of 3137
Re: Clarification on $1500 loyalty cash [atsenb] by twodomes
Nov 14, 2008 (5:23 pm)
Reply

Replying to: atsenb (Nov 14, 2008 4:04 pm)

my understanding from spending way too much time going back and forth with some sleazy salesmen today is that it's option #1. The lease end fee, or lease disposition fee, is $350, not $650 and IS combinable with the $1500.
 
Have you had your lease end inspection yet? I had minor scratches, rims with curb rash, and 2 tiny dents and have been charged $1370. Took it to 2 body shops who couldn't believe how they were trying to squeeze money out of me. Neither body shop could do the work for cheaper. They just questioned the necessity of having it done.
 
Feeling pretty anti-audi right now.
#2313 of 3137
A4 Lease too high? by jjthecat
Nov 14, 2008 (6:22 pm)
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Hello, I was wondering if anyone can tell me if this is a fair deal or I should walk. 2009 A4 Premium Plus, 36 month lease, 12,000 a year, $594+ aprx. $1364 start ups. He said the start ups are the transferring fee, taxes etc. He told me they pay the first month, waive security fee and offered me a $500 (coupon special) because I am getting rid of my BMW. I know you aren't supposed to put money down, but I need the monthly payments down (for various reasons) and he said $2000 down brings it to $534. I told him I need to make it less and he said $4000 down brings it to $434. Sales guy said the residual is 53% and the car's msrp is $37,800 or low $38,000. I would like to pull the trigger on Monday, but if this is not a good deal than I will walk. Also, does everyone have to pay the start ups because I had the understanding that part goes in the sales guy's pocket. I just want to make sure this is fair. The sales guy seemed nice and said he will do whatever it takes to work with me. Any help is greatly appreciated. Thank you.

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