4313 messages,
Last post on Jun 19, 2013 at 11:55 AM
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Audi A4, Car Leasing, Sedan, Wagon
#2506 of 4313 Re: end of year-HELP! [members78]
by urbanaudi
Dec 30, 2008 (12:45 pm)
thank you to ALL that replied so far!
for your Avant- I saw this info from Carman a few pages back:
"Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 Audi A4 2.0T Avant Premium Plus with 15,000 miles per year are .00202 and 52%, respectively."
that may help you know the details.
another quote from Carman a few pages back: "Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of an '09 A4 2.0T Sedan Premium with quattro and 12,000 miles per year are .00169 and 57%, respectively. The numbers for an otherwise identical lease of a Premium Plus are .00169 and 55%. "
I suppose my quote of 53% on a 15K (Prem plus) accounts for the extra miles and might be right on track?
What i dont understand is the Season of Audi event Ads -- which if you calculate their numbers the resdiual seems higher.
2K under Invoice seems impossible-- but hey thats great and you never know I guess.
They also told me I can not get Loyalty cash-- and I am turning in a 2006 Lease.? This seems not right to me-- It would seem to me I have been loyal. They said it was only for 2007 leases. I dont know if this is incorrect.
thanks for all the input!
#2507 of 4313 Re: end of year-HELP! [urbanaudi]
by members78
Dec 30, 2008 (1:45 pm)
Hey many thanks for your help in this matter urbanaudi. I agree with you that I think you should qualify for the loyalty incentive; in fact I've read somewhere that one CA used two loyalty incentives for one car purchase! There is apparently some leeway for the CA and I think yours is pocketing the loyalty coupon and telling you otherwise.
And yes I know 2k below invoice is a lot, but I've been following the price trend for several cars, and the savings just keep getting bigger and bigger as the economy gets dimmer! So I'm going to push the envelope - maybe the CA is looking to dump a certain # of Avants before the new year NO MATTER WHAT? Who knows?
In any event, keep us updated as I shall and I wish you a very low price for your new beautiful baby audi.
#2508 of 4313 Re: end of year-HELP! [members78]
by urbanaudi
Dec 30, 2008 (2:57 pm)
Thanks members78 !
BTW- I currently lease an Avant and it is before the style change. I LOVE it. I kinda like the old style. Its sweet.
I wish i could keep it but i do not think it makes sense to buy it because my residual was very high (77%) and that is what you want in a lease-- but not good to buy at lease end. bo-hoo.
NOW- even tho i love my Avant-- the lease specials this time around favor the low-end A4 sedan. I might have to settle for a lesser sedan and not get another Avant.
I am sure you will love yours.
#2509 of 4313 TTL and AudiCare fees
by jd25
Dec 30, 2008 (5:52 pm)
I understand that it is better to avoid any down payment for lease deals. Does that also apply for title, tag and license fees and Audicare fees? By paying off these fees upfront don't we avoid paying finance charge and sales tax that is rolled into the monthly lease amount?
A response is much appreciated!
#2510 of 4313 Help! Need advice with a deal!
by jd25
Dec 30, 2008 (11:02 pm)
I have negotiated a selling price of $32,500 for a A4 2.0 quattro prem plus with 10k miles on a 36 mo lease deal. Only hitch is that dealer doesn't have the car I want in phantom black. They told me the car is on transit and would arrive at dealer lot by the Jan end. That works fine as I'd be out of the country for most of Jan anyways. However dealer wants a security deposit of $1000 and they would give me the selling price in writing. But the money factor and residual would be based on new rate for Jan. While I think the price is right, I'm afraid I'd lose my leverage and even if I don't like the money factor or residual being offered by the dealer I may not have a choice but to accept the lease (the deposit is refundable only after they sell the car to someone else in case I refuse to take the deal). In addition they told me that they would waive any down payment requirement (except first month payment) that may be in place in Jan. Is it even possible to waive the down payment requirement unless Audi has a deal similar to current season of Audi A4 lease deal with 0 down?
Should I pay the $1000 security deposit to lock in $32.5k price knowing the danger of nasty surprises with money factor or residual or should I refuse this deal and take my chances in Jan end and negotiate a fresh deal after I get back in town?
Any advice is much appreciated!
#2511 of 4313 Re: Help! Need advice with a deal! [jd25]
by urbanaudi
Dec 31, 2008 (9:27 am)
hi jd25, i am not an expert but only expressing my feelings- but I think you would NOT have to pay to lock in a selling price. That should always be the negotiation that the two parties agreed on. That is the price you are willing to do business with-- they want your business because they accepted that deal. Waiting for a car in transit is common. Many a times a customer waits for a car and when it arrives they can inspect it, drive it- and decide if they want it and not be locked in. Usually they hold the car. Its like ordering one and waiting for it right?
If you wait- and the special changes- at least you will still have 1000 to put down if you have to?
Can i ask- your $32,500.... how much of a deal is that? how much from msrp or invoice is that? I would be interested to know what deals are going on
thanks and good luck
#2512 of 4313 Re: end of year-HELP! [urbanaudi]
by pazo
Dec 31, 2008 (11:09 am)
Hi Urbanaudi, I noticed carman and other mention Audi Financial Services. When I signed my lease a month ago for my 09 Audi A4, the lease manager told me that all leases go through Volkswagon Financial Services. All finances go through Audi Financial Services. He said they are the same company.
So I believed him, and signed my 36mo lease with Volkswagon Financial Services. I got an amazing deal at $2000 below invoice. Maybe thats why he couldn't sign me up with Audi Financial Services.
Anyways, I agreed and signed up with Volkswagon Financial Services. Did he lie to me? What concequences might I face later because of this?
Thanks.
#2513 of 4313 Re: Help! Need advice with a deal! [urbanaudi]
by jd25
Dec 31, 2008 (12:23 pm)
Thanks for the feedback. I'm leaning towards telling the dealer until I know the new lease terms and monthly lease payment amount based on Jan rate I'm not going to put down $1000. Else I'll expose myself too much of a risk and the dealer can pressure me into an unfair monthly amount. Already based on the current Audi rates they gave me a monthly lease amount that is, IMO, $40 higher than what it should be based on selling price and current lease terms from Audi.
To answer your question, per Edmunds msrp on the car is $38,000 and invoice $35,352.
#2514 of 4313 Suspisious monthly lease amount
by jd25
Dec 31, 2008 (12:28 pm)
Can someone verify if this lease amount sounds suspisious:
MSRP $38,000
Invoice $35,352
Selling price $32,500
AudiCare $650
residual 57%
money factor 0.00169
0 down
I'll pay TTL fees of $355 upfront. Dealer is quoting $485/mo with 8.25% CA tax. My calculation shows it should be $445/mo with tax. Am I right, is the dealer fudging the monthly lease payment amount?
Jan 01, 2009 (9:41 am)
hi and happy new year to everyone,
i just picked up my new a4 w/ premium pkge. in l.a. check out this deal. $1459 down (inc. 1st mo., t.t. etc.) and $422/mo. also included were these three options: symphony sound system, bluetooth and ipod interface.
i used the internet to get the best lease deal from different dealers and the got it in writing from the salesman.
Downtown Audi of L.A. was the dealership and the lease signing was a breeze, with no hidden nonsense at all. i highly recommend them.