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Audi A4 Lease Questions

3132 messages,  Last post on Nov 27, 2009 at 11:50 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#2561 of 3132
Re: Loyalty Incentives? [chisoxindc] by Car_man HOST
Jan 28, 2009 (5:31 am)
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Replying to: chisoxindc (Jan 23, 2009 6:09 pm)

Hi chisoxindc. Audi is running a loyalty promotion on the A4 this month. Current Audi Financial Services customers will receive a $1,500 cash incentive if they finance or $750 if they lease a new '09 A4 through AFS.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2562 of 3132
Leasing and moving out of state by troylimey15
Jan 28, 2009 (10:29 am)
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Hopefully this post is within the context of the forum.
I plan on leasing an Audi A4 in the Iowa area, but there is a chance of me moving out of state during the lease period. I can't seem to find an answer to this question: Does Audi Financial Services let you move out of state with a lease? Everyone I ask, including the dealer, says they "should" allow it. But, I don't want to end up screwing myself over.
#2563 of 3132
Re: Leasing and moving out of state [troylimey15] by kyfdx HOST
Jan 28, 2009 (1:53 pm)
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Replying to: troylimey15 (Jan 28, 2009 10:29 am)

Moving to a different state shouldn't be a problem... but, what you should be worried about are sales tax issues...
 
I'm not sure how the lease tax is handled in Iowa, but if you are in a state where you pay the tax upfront, then move to a state where you are taxed monthly on the payment, then your payment may go up...
 
Actually, it could be a problem, either way... Do you know what state you might be moving to?
 
regards,
kyfdx
Host-Prices Paid Forums
#2564 of 3132
Question on money rate/security deposit by richb21
Jan 28, 2009 (4:30 pm)
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My local dealer is quoting a .00142 money rate instead of .00127 for 10k, 36month A4. He said Audi adds .00015 to "cover the security deposit" since I am not a returning customer. I asked exactly what this means and he replied the security deposit covers the first payment, so that's what the extra .00015 is for.
 
Does that make sense or am I being taken advantage of here?
 
thanks!
#2565 of 3132
Residual by richb21
Jan 28, 2009 (4:32 pm)
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As follow up to my post above, I am considering the prestige package, and he quotes 36month residual of 50%, and says it is 53% for premium plus. Is the 50% accurate.
 
Thanks much.
#2566 of 3132
Re: Leasing and moving out of state [kyfdx] by troylimey15
Jan 28, 2009 (6:41 pm)
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Replying to: kyfdx (Jan 28, 2009 1:53 pm)

I'm pretty sure the sales tax in Iowa (5%) is paid lump sum at signing. The plan is to move to California. I believe when you register an out-of-state car in California they'll only tax you the difference or at least credit you some amount for the out-of-state taxes you've already paid.
 
I'm willing to take the hit on the taxes, but wanted to know if moving out-of-state is allowed by Audi Financial. My fear is getting stuck with early termination if they don't allow it.
#2567 of 3132
Re: 2009 A4 2.ot quattro premium plus [rbergmandc] by Car_man HOST
Jan 29, 2009 (2:41 am)
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Replying to: rbergmandc (Jan 26, 2009 9:48 am)

Hi rbergmandc. Here's the information that you're looking for. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 Audi A4 2.0T Premium Plus Sedan with quattro and 12,000 miles per year are .00127 and 52%, respectively.
 
Lessees are never required to make any sort of capitalized cost reduction aka down payment when leasing. You would be best off going with a zero down lease. Audi is providing $750 owner loyalty cash on leases of this model right now if you are currently leasing or financing another Audi vehicle.
 
The capitalized cost for a leased vehicle is essentially its selling price minus any sort of down payment that you want to make.
 
You can look up the dealer invoice price for the exact model that you want over in the New Vehicle Pricing section of Edmunds.com.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2568 of 3132
Re: 2009 Audi A4 2.0T AWD Quattro Lease [09a4quattro] by Car_man HOST
Jan 29, 2009 (2:45 am)
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Replying to: 09a4quattro (Jan 27, 2009 7:10 pm)

Hi 09a4quattro. Let me begin by saying that $5,500 is way too much money to pay at signing on any lease. You should try to roll as much of this money as possible into your car's capitalized cost. Consumers who make large down payments on leases risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be higher, you will be much better off going with a zero down lease.
 
It is possible to back into this car's approximate selling price by playing with the numbers, but you would be netter off just asking the dealer what its selling price is. They should be happy to tell you. If not, don't lease from them. I personally would never lease from a dealer that wasn't willing to tell me how much they were charging me for the vehicle that I wanted.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2569 of 3132
Re: Question on money rate/security deposit [richb21] by Car_man HOST
Jan 29, 2009 (2:50 am)
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Replying to: richb21 (Jan 28, 2009 4:30 pm)

Hi richb21. Anyone who is not a current Audi Financial Services lessee who leases a new Audi has to pay a security deposit equivalent to their vehicle's monthly payment rounded up to the nearest $25 increment at lease signing. AFS will waive its security deposit requirement in exchange for an increase of .00015 in the money factor that is used to calculate your vehicle's monthly payment.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2570 of 3132
Re: Residual [richb21] by Car_man HOST
Jan 29, 2009 (2:53 am)
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Replying to: richb21 (Jan 28, 2009 4:32 pm)

Hey richb21. Audi Financial Services' current residual value for a 36 month lease of an '09 A4 2.0T Prestige Sedan with 15,000 miles per year is 47%. This resid would be 2% higher for a lease with only 12,000 miles per year and 3% higher for a lease with 10,000.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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