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Prices Paid: Buying & Leasing Experiences Audi A4 Lease Questions
2088 messages, Last post on Aug 21, 2008 at 7:31 AM
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Replying to: casanova2 (Dec 19, 2005 4:45 pm) i am located in pittsburgh, not far from you (go stillers!) i came across your post on the deal you recieved on your Audi A4 2.0 Quattro. i'm interested in an a4 2.0 quattro as well with leather, sunroof and heated seats at the least. I would like it for 12,000. i must admit that i am a novice. could you help me understand how you were able to negotiate your price down that low? also why are the residuals so important for a lease? additionally, can you help me understand the multiple payment option? i am not opposed to driving out to cleveland to purchase. i just began initial discussions with dealerships in pittsburgh today. so far, i have one quote for a A4 2.0 quattro sedan with heated leather seats, satellite and sunroof only for $512 a month (including pa tax of 10%). i know this is entirely too high..but i wanted to see what he would throw out the first round. any and all help would be really appreciated. thanks! amy
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Replying to: yammers (Dec 19, 2005 8:30 pm) Before you decide to lease an Audi, configure one from the Audi web site or, preferably, the Edmunds.com web site. This will tell you not only MSRP on your desired vehicle but also invoice. Armed with this information, find out what your money factor is from the dealer in Pitt that you spoke with. Find out whether they are using Audi's money factor of 0.00139 or not (without giving away that you know what it is). Ask them what residual value they are using for 12,000 miles/yr. The residual is important because you are paying for the difference between what the car was worth when the lease began and what it will be worth at the end of the lease. PA tax - I used to live in Philadelphia and I could swear Philadelphia county tax was 7%, is Pitt that different? Get all the facts without committing to anything then come back to this forum and post and discuss. |
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Replying to: casanova2 (Dec 19, 2005 4:45 pm) |
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| I was offered a residual of 74% for 12K and a MF of .00165 on the 3.2. This is worse than the 75% and .00139 offered on the 2.0. Can anybody confirm these numbers? Did anybody receive better offered terms for the 3.2? Please let me know. | |
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I'm shopping for a 2006 A4 Avant 3.2 w/Sunroof, Premium, Tech, S-Line and Nav+ in Southern California. Does anyone know the residual % and money rate based on a 24 month lease and 10,000 miles/year? Thanks! |
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Replying to: casanova2 (Dec 20, 2005 6:20 am) Selling price = $34025 Audi money factor = .00139 Residual for 12k = 74% Yes, there is 10% sales tax in PA I used the lease calculator and it turned out to be $450. He offered me $449 a month for 24 mo for 12k .... Is this right? is this a good deal? as good as it gets? did i miscalculate? Amy
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Replying to: casanova2 (Dec 20, 2005 6:20 am) I am new to leasing, and something you said struck me as interesting: Why don't you want the dealer to know that you know what the base MF is? Once they give you the selling price you want, why wouldn't you demand the base MF and the highest residual? Thanks!
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Replying to: yammers (Dec 22, 2005 1:42 pm) I would check your residual. For the 2.0T Quattro for 12k/yr it should be 75%, not 74%. I do not have numbers for other models but if you post exactly which car you're after then I'm sure someone here could comment. Your selling price looks good - $1,360 under invoice. I'd say you've done well. Make sure they're not quoting you a 2005.5 model! Other than that you look on the money. Your money factor is fine and you could also ask about MSDs. I calculate the return on MSDs to be just over 14%, very good indeed. MSDs are fully refundable and if you can put the cash up you can save real money and make it work hard too. Good deal all round. Enjoy, seems like you've got good numbers except for the residual.
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Replying to: lamusic (Dec 22, 2005 3:59 pm) I'm all for negotiating fairly and in the case of a car purchase/lease I believe the buyer should be the one that comes out feeling good, the car dealer always makes money regardless of the BS he feeds you.
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Replying to: casanova2 (Dec 23, 2005 9:50 am) can you help me understand what MSD's are and how I can save money by using one? Thanks! Amy |
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