Sign In Join 



Audi A4 Lease Questions

3133 messages,  Last post on Nov 29, 2009 at 1:44 PM

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


Messages Page 258 of 314
1
...
255
256
257
258
259
260
261
...
314
Prev
Next
Last
Go To Msg #
Search This Discussion

#2569 of 3133
Re: Question on money rate/security deposit [richb21] by Car_man HOST
Jan 29, 2009 (2:50 am)
Reply

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
Host
Prices Paid: Buying & Leasing Experiences Forum
#2570 of 3133
Re: Residual [richb21] by Car_man HOST
Jan 29, 2009 (2:53 am)
Reply

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
Host
Prices Paid: Buying & Leasing Experiences Forum
#2571 of 3133
Re: Question on money rate/security deposit [Car_man] by richb21
Jan 29, 2009 (3:10 am)
Reply

Replying to: Car_man (Jan 29, 2009 2:50 am)

In that case, I think the dealer is trying to double dip on me. In addition to the .00015 in the money factor, they are asking for $2,000 upfront that "includes the first payment". My presumption is that anything I put upfront (over and above the acquisition cost) should be deducted from the capitalized cost. Am I thinking about that correctly? I've asked the dealer what else is in the $2,000 beyond the first payment as the first payment itself is far less than $2,000. I should get a response today.
 
Thanks again for your input.
#2572 of 3133
Re: Leasing and moving out of state [troylimey15] by kyfdx HOST
Jan 29, 2009 (5:48 am)
Reply

Replying to: troylimey15 (Jan 28, 2009 6:41 pm)

This is where you will get hurt.. California taxes the monthly payment on leases... I think it varies between 7.75% and 8.75% depending on where you register the car...
 
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
#2573 of 3133
Re: 2009 Audi A4 2.0T AWD Quattro Lease [Car_man] by 09a4quattro
Jan 29, 2009 (8:06 pm)
Reply

Replying to: Car_man (Jan 29, 2009 2:45 am)

car_man, your response is quite helpful. This forums rocks, there is lot of nice info here for new buyers. I went to another dealer and got this deal.
 
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
#2574 of 3133
Re: 2009 Audi A4 2.0T AWD Quattro Lease [09a4quattro] by 09a4quattro
Jan 29, 2009 (8:08 pm)
Reply

Replying to: 09a4quattro (Jan 29, 2009 8:06 pm)

Is residual and money factor in line for this car?
 
how about selling price? Any one has recently bought this car in IL?
 
thanks so much for your responses.
#2575 of 3133
A4 Prestige w/NAV & Audi Drive Select by richb21
Jan 30, 2009 (1:20 pm)
Reply
Who knows what February brings, but believe i've negotiated a good end of month deal on subject:
 
$1,500 upfront which includes first payment and other assorted fees
$599 plus tax for 35 months
$350 disposal fee
10k miles per year
 
If I am doing the math correctly, my capitalized cost is a bit under invoice
 
Interested if anyone thinks I am missing something assuming above is all correct, when i reverse engineered the payments and everything else against the 50% residual and audi money rate for new customers, it comes out right. (i think!)
#2576 of 3133
Re: 2009 Audi A4 2.0T AWD Quattro Lease [09a4quattro] by 09a4quattro
Jan 30, 2009 (1:36 pm)
Reply

Replying to: 09a4quattro (Jan 29, 2009 8:08 pm)

This is for a 36 month lease, 12k miles a year. Are the residual, money factor and selling price comparable to ongoing market? thanks again..
 
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
#2577 of 3133
Re: A4 Prestige w/NAV & Audi Drive Select [richb21] by 09a4quattro
Jan 30, 2009 (1:39 pm)
Reply

Replying to: richb21 (Jan 30, 2009 1:20 pm)

What is the selling price of your car (price at which dealer is selling to you, out the door)? You can ask the dealer for residual and money factor.
 
I am about to close a deal and $350 disposal fee sounds good, I buying an A4 2.0T Quattro with Premium w/out nav for $499 monthly, FYI
#2578 of 3133
Re: A4 Prestige w/NAV & Audi Drive Select [09a4quattro] by richb21
Jan 30, 2009 (3:00 pm)
Reply

Replying to: 09a4quattro (Jan 30, 2009 1:39 pm)

Here are the details, the salesman bascially said at the end of the month he was willing "not to make money on the car in order to make some money on the lease, thus the higher money rate".
 
MSRP $46,750
Sales PRice $40,017
Net Cap $40,458
$1,500 down (includes first payment)
$599/mth
.00192 money rate
50% residual
 
Seems to me like a very good deal on the car offset by a slightly high money rate but net net not bad, interested if others disagree.

Messages Page 258 of 314
1
...
255
256
257
258
259
260
261
...
314
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics

Today's Chats

Advertisement