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Prices Paid: Buying & Leasing Experiences Audi A4 Lease Questions
3147 messages, Last post on Dec 08, 2009 at 9:02 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Unfortunately, the dealer is allowed to do almost anything they want and make extra profit by deceiving the buyer. It's not like investing with Madoff, but...it is nasty. If the MF from Audi finance is 0.0010 (only for example, I do not hv this # for u) and the dealer tells you the MF is 0.0016, guess what - the dealer keeps the difference as extra profit! Residuals can wok same way. This is the sophisticated level of the rip off (what the consumer does not understand is grounds for making extra $). You expect honest help once you want their brand, so you want to just finance it, what you get - "A ball of confusion". Your car salesman is changed into an "investment banker" making his profit by giving made up financial percentages when you expect to get a fair deal. When a client asks dealer for the money factor, he/she expects the current rate determined by the brand's finance co. This is not the norm - you will not usually get the current numbers from the car finance co. (Audi fionance here). This is exactly why we all need this and other forums where you can get the truth. Even calling the Audi (or any brand) finance co and ask them for the resid or MF - they will not give you an answer! - believe it or not! They tell you it is up to the dealer to give these crucial #s! Rich |
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I'm being a bit lazy, cause I'm busy at work and figured I'd ask the expert. I leased a 2007 Toyota Camary XLE so I not a neophyte. This time around I like the Audi A4 quattro. Will I be better off with the 2010 or 09 for residual purposes. I'm looking for 15K a year for 3 years. What can I expect MF and residual. I'm in New England. Also what about 3rd party lease services? Anybody have any experiences w/ them good or bad. Thanks, Jack
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First time leaser looking to see if this is a good deal. No audi service included... MSRP of 43625, mrm 42800 38,980 base cap cost 3,000 due at lease sign 21,828 residual of 51% .00226 MF 36 months 15k miles a year $582 a month + tax = $634 month Any advice would be appreciated!
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Replying to: ammo_collector (Aug 20, 2009 4:35 pm) Ask if Audi offeres a discount for multiple security deposits. If they do, post back here and I'll explain why that's a great deal for you. Residuals on the 2010 are much higher than on the 2009....of course. If you lease a 2009, the advantage is that you can negotiate a lower price. When coupled with the lower residual though, I'm not sure you're going to save by buying the older model You have to get the dealer to run both deals. Run them with no money down. (don't let them tell you that audi is offering this wonderful deal....the money factors and residuals are independent of the money down.). |
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Looking to lease a 2010 A4 and at the same time lease a Q5. I am turning in a Q7 and would love some advice on how best to approach a dealer to get the best deal. Should I look to work out each deal by itself or tell the dealer up front that I am in the market for two cars and see if they will deal? Also what is the residual and MF for 12,000 miles (do they have a low mileage like 10,000 miles?)
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can someone please post money factor and residual on 2010 A4 Avant premium? Being quoted MF of 0.00221 (which seems high) and residual of 0.54 (that one does sound good).
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Car_man What are the current lease rates for a 2010 A4 2.0 Prem+, 10k miles, 36 mths. While I have not seen it quoted here does Audi offer a 39mth rate? Also looking for the current MF. Also, do you have a historical residuals and MF for A4's? Would like to look at these over the last 3 years by month. I am in the market for two new cars that I would like to lease from Audi, would like to get one new in 30 days but could probably push it off if it makes sense. I am a current Audi owner. Maybe a more direct question to you is are there better months to lease a car from Audi from based on historical fluctuations. Obviously the rates for the summer sales event seemed pretty good, but the numbers I am seeing here do not seem that great. Would someone be better off waiting until later in the year, maybe Oct or Nov. Doesn't Audi usually have a winter sales event?
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The dealer says I am getting a steal. I have never leased and am not sure if this is worth jumping on. Help is appreciated! 2009 Audi Premium Plus ibis/black 36 month 10k mi/ year $3000 upfront $449/ month
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Replying to: joeyg5 (Aug 23, 2009 3:26 pm) What is the money factor? what is the residual? and what's your negotiated price for the car that you are capitalizing? Note: Right now, the residual is higher and the finance charge lower for the quatro. You might just price one out and find that it's cheaper.
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Replying to: ghstudio (Aug 23, 2009 9:43 pm) I think the residual on the prem plus is .46, Quattro definitely has a better residual, but I haven't prices it out on the Prem Plus, only on the premium, which was a great deal.
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