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Audi A4 Lease Questions

4286 messages,  Last post on May 20, 2013 at 3:08 PM

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What is this discussion about? Audi A4, Car Leasing, Sedan, Wagon

Messages Page 391 of 429

#3899 of 4286 Re: This girl needs help with an A4 lease... [just1nyc] by marvista

Nov 20, 2011 (8:28 pm)

Replying to: just1nyc (Nov 20, 2011 7:18 pm)
Just1nyc:
 
Are you (or anyone else) familiar with the $750 Audi loyalty customer cash incentives for current leasees to resign a new lease, that are given to the buyer from Audi and are essentially signed over to the dealer as part of the downpayment? I believe the $750 is deducted from the invoice price so the dealer is actually making more profit off the car that what a buyer is led to believe. This would also be the case for any dealer holdback. I ran a consumer report and they say the dealer will make an additional $322 off the invoice price, which brings the total reduction to an additional $1,072 off the invoice price they show the buyer.
 
As I mentioned I'm in a current lease with a 2009 A4 premium w quattro; I have 16,300 miles (had it since October '08 w a residual of 20,198). Out of the 3 dealers I've gone to, they have all been very interested (too interested in my opinion) in wanting me to "trade in" my car and will give me $24K; I will receive $3,802 towards a new lease. They also make it a point to tell me that they will only make a small profit off reselling my car and that it's barely worth the effort, etc. Does anyone know how much incentive dealers are receiving from Audi for purchasing my car? They have to be getting some type of dealer incentive from Audi, which will also come off the invoice price making their profit even greater. For example, if the dealer were to receive a $1K incentive for taking in my leased car towards a new lease they would be making an additional $2,072 off the invoice without any buyer really knowing they are doing this. This is just a guess...
 
Is it correct to say when the dealer points to the invoice price and says this is what they paid to own the car, they are telling the truth at that point; but it's not what they will pay for the car after incentives/rebates are applied? So for the dealer to sell me a car a few hundred above invoice they are potentially making almost $2500 off the deal (and probably much more).

#3900 of 4286 Re: This girl needs help with an A4 lease... [marvista] by just1nyc

Nov 20, 2011 (9:44 pm)

Replying to: marvista (Nov 20, 2011 8:28 pm)
Yes I believe you are entitled to the $750 and you're first payment should be waived as well. Take a look at Truecar.com. They show you the difference between invoice and actual dealer cost.

#3901 of 4286 Re: This girl needs help with an A4 lease... [marvista] by ibslates

Nov 21, 2011 (8:36 pm)

Replying to: marvista (Nov 20, 2011 8:28 pm)
I think buying the car for $500 over invoice and then receiving the $750 loyalty is a good deal I this 2012 if you can get it.
 
I haven't researched your car's value but it doesn't sound unreasonable. Do you feel like that what it's worth? What's your alternative--turn it in or sell it outright?
 
Some lease banks do negotiate prices with dealers but Audi does not. BMW does, but even so it's to help the dealer that would not buy it because the car is not worth the residual (they compare auction values). In your case, the car is worth more than the residual so they wouldn't get an incentive.
 
So, if you can get $500 over invoice less loyalty and then credit for your car, you're getting a fair deal. The dealer should make something for keeping inventory and salespeople around. Good luck!

#3902 of 4286 Audi A4 Lease Negotiations and Contract Questions. by missileman7

Nov 23, 2011 (7:42 am)

I am working on negotiating a lease on a 2012 Audi A4 Sedan 2.0T Premium quattro. It has the Prestige, Sport and S Line Packages. The MSRP is $47,055. I have excellent credit with a score around 795 and have so far talked the dealer down to a vehicle price of $43,998.
 
Based on the research I have seen on this site, I believe I should expect a Residual of 54% and a Money Factor of .00133. However, the dealer is claiming 53% and .0016.
Are they trying to get extra profit by not coming down and should I expect to be able to negotiate these to 54 and .0016?
 
In my current lease there is a charge labeled L&M for $527 that was added to the Gross Cap Cost. Can anyone tell me what this is? I know it's not the acquisition fee since it is itemized separately but can't remember what it was for.
 
Finally, I am in Texas and in my current lease don't see anything on the contract about taxes. The line for Taxes under Itemized Gross Cap Cost shows N/A and the Monthly Sales/Use Tax also shows N/A. I'm sure I have paid taxes somewhere but can't figure out where.
Any help to the above questions would be appreciated.

#3903 of 4286 buying or leasing finance information by chiquita

Nov 25, 2011 (10:44 am)

Hi, and thank you
I need to compare buying a A4 or leasing. Can you provide the current buy rate through AFS for apr% rate if i bought a car . On other hand if leasing the MF and residual on a 2012 A4 prem plus for 36 mo and 15K ? do they offer 20K? (i need more miles, how does the MF and residual change) this is why i need to compare buying or leasing because of extra miles.
 
where do i apply loyalty if i am turning in a A4 lease? After i negotiate a price?
 
thank you so very much!!

#3904 of 4286 Re: A4 Prestige Lease Info [aal2012] by Car_man HOST

Nov 28, 2011 (5:51 pm)

Replying to: aal2012 (Nov 18, 2011 12:24 pm)
Here you go aal2012. Audi Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2012 A4 Prestige Sedan quattro with 12,000 miles per year are .00133 and 53%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3905 of 4286 Re: A4 premium deal in NY [rbergmandc] by Car_man HOST

Nov 28, 2011 (5:58 pm)

Replying to: rbergmandc (Nov 19, 2011 7:56 am)
Thanks for the additional information rbergmandc. The selling price that you were quoted appears to be less than $1,000 over dealer invoice...perhaps $700 or so over invoice. That's a pretty good deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3906 of 4286 Re: Thanks for this thiread [jbrown7815] by Car_man HOST

Nov 28, 2011 (6:00 pm)

Replying to: jbrown7815 (Nov 20, 2011 5:32 pm)
Welcome jbrown7815. I'm glad that you are enjoying it. See you around!
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3907 of 4286 need help by chiquita

Nov 29, 2011 (8:17 pm)

Hi, and thank you Car Man and hosts!! any help is so much appreciated believe me!
  
I need to compare buying a A4 or leasing. Can you provide the current buy rate through AFS for apr% rate if i bought a car . On other hand if leasing the MF and residual on a 2012 A4 quattro prem plus for 36 mo and 15K ? do they offer 20K? (i need more miles, how does the MF and residual change) this is why i need to compare buying or leasing because of extra miles.
 
the dealer quoted a MF of 0.00159 for buy rate- I thought was higher than said here. resd=55%
For buying they quoted buy rate of 2.9% for 60 months- is that correct? I thought it was 1.9 and 2.4 % ?? please advise
  
where do i apply loyalty if i am turning in a A4 lease? After i negotiate a price?
  
thank you so very much!!

#3908 of 4286 Re: need help [chiquita] by Car_man HOST

Dec 04, 2011 (4:28 pm)

Replying to: chiquita (Nov 29, 2011 8:17 pm)
Greetings chiquita. Audi Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2012 A4 Sedan Premium Plus quattro with 15,000 miles per year are .00133 and 55%, respectively for consumers who qualify for its top credit tier.
 
I don't believe that AFS publishes residual values for leases with 20,000 miles per year, but you should be able to pre-pay for additional miles at a discount for what you would have to pay as an excess mileage penalty at lease-end.
 
You're right about the finance rate, Audi is currently offering 1.9% for 60 months. It looks like the dealer might be trying to mark the rate up on you.
 
There's a $750 cash incentive for loyal customers on leases. Make sure to take this cash into account when negotiating your selling price.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 391 of 429

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