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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
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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!
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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.
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Replying to: kyfdx (Jan 28, 2009 1:53 pm) 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.
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Replying to: rbergmandc (Jan 26, 2009 9:48 am) 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 Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: 09a4quattro (Jan 27, 2009 7:10 pm) 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 Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: richb21 (Jan 28, 2009 4:30 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: richb21 (Jan 28, 2009 4:32 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Jan 29, 2009 2:50 am) Thanks again for your input.
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Replying to: troylimey15 (Jan 28, 2009 6:41 pm) If you were bringing in a car that you already owned, then there wouldn't be an issue, but they will certainly add tax to your lease payment... I definitely would not lease a car in an upfront tax state, then move to a "monthly payment tax" state.. regards, kyfdx |
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Replying to: Car_man (Jan 29, 2009 2:45 am) MSRP: $34,965 (See breakdown of invoice below) Selling Price: $33,000 Money factor: 0.00127 Residual: 52% Taxes: 7.25% (Dupage county-IL) Monthly Lease payment: $499 Due when signing the lease: $1142 (1st month's payment + $575 security dep + $78 license + $65 title fees) Invoice: $30,737 Options: $1338 (options on the car at invoice price) Total: $32,900
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