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Prices Paid: Buying & Leasing Experiences Audi A4 Lease Questions
2102 messages, Last post on Aug 28, 2008 at 8:35 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Replying to: casanova2 (Dec 23, 2005 9:53 am) |
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Hello Everybody, I just made a deposit for A4 2.0L Turbo CVT with Sunroof Package Dophin Gray Metallic Color The MSRP runs for $31,710. Here's the deal I got: 24 months 12K/year Selling Price: $30320 ( I got $1390 off the sticker since I originally asked for a Black w/ prm. package) Money Factor: 0.00127 Residual: 74% Will pay:$3338 (1st month lease + about 1338 inception + 2000 dwnpymnt) Monthly Payment: 287 + 7% (miami-dade tax) = $307 per month I realize that you usually discuss a 75 percent residual for 24k for 24 months. But the money factor was .00127 Do you think the dealer is giving me a good deal with these figures? My first option was to get a black A4 2.0L Turbo CVT with premium package+sunroof. Which had a MSRP of $32810. They offered me a deal for $298 + tax for the same dwnpayment and inception terms. But they would not have black before end of JAN 2006. So they could not promise to honor the same terms at that date? Any suggestions? Should I take what I am being offered?
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Replying to: barut77 (Dec 23, 2005 4:24 pm) Your MF is otherwise good - better than the 0.00139 that Audi is offering. Residual might be different for CVTs than for Quattro I suspect but maybe the dealer gave up something with the lower MF and took with the lower residual? You should ask. The Audi web site will have the residual value for the 10,000 mile/yr deal, subtract 1% to get the 12,000 mile/yr deal. Obviously when you factor out your downpayment your lease payment is going to rise but don't be fooled - you're doing yourself a financial favor. Go the MSD route. |
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Hi Car_Man, Can you please tell us the December MF and residual for the 2006 A4 1.8 Cabriolet on the 24-month and 36 month leases at 10k per year? One dealer is quoting 0.0026 which seems quite a bit higher than the going rate of 0.00139 on the A4 sedans. Thanks !
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Replying to: indy_driver (Dec 24, 2005 12:50 am) |
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