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Audi A4 Lease Questions

2177 messages,  Last post on Oct 06, 2008 at 8:19 AM

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


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#396 of 2177
Re: REPLY:CARMAN What is FAIR?? [skenterprises] by dl7265
Jan 15, 2006 (3:14 pm)
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Replying to: skenterprises (Jan 15, 2006 8:59 am)

You own the car.You can sell it at any time. (could be upside down of course) Last spring when we were shopping the MF of the Premier purchase was higher than the Lease offers by good bit. That is a decent discount on the sales price in TX. Where are you shopping at ?
 
DL
#397 of 2177
Re: Lease Question [Car_man] by aka5
Jan 16, 2006 (10:32 am)
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Replying to: Car_man (Jan 06, 2006 4:35 am)

Thank you very much for getting back to me. I will let you know what happens. Once again, thank you.
#398 of 2177
Re: Audi A4: Lease Questions [max_anderson] by Car_man HOST
Jan 18, 2006 (5:05 am)
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Replying to: max_anderson (Jan 12, 2006 8:48 am)

You;re very welcome, Max. Changing the mileage allowance from 12,000 to 15,000 miles per year would not have any impact upon your car's money factor, but its residual value would be 2% lower.
 
It definitely wouldn't hurt to shop around a little bit. By doing so, you are more likely to get the best possible deal on the car that you want.
 
Car_man
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#399 of 2177
Re: Audi A4 3.0 Cabriolet lease ? [the_dude1] by Car_man HOST
Jan 18, 2006 (5:06 am)
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Replying to: the_dude1 (Jan 12, 2006 1:05 pm)

Hey Dude . If you were to lease a 2006 Audi A4 3.0 Cabriolet through Audi Financial Services right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00235 and 60%, respectively.
 
Car_man
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#400 of 2177
Re: CARMAN - Re: Money Factor & Residual A4 2.0T FrontTrak CVT [5510xi] by Car_man HOST
Jan 18, 2006 (5:33 am)
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Replying to: 5510xi (Jan 13, 2006 1:27 pm)

Hi 5510xi. The numbers that I provided you with are correct for a lease through Audi Financial Services for a consumer who pays a security deposit and AFS' $575 acquisition fee. AFS will waive the security deposit waived in exchange for a .00015 money factor increase and the acquisition fee for a .00050 money factor increase. If you are being asked to pay both of these items at lease signing, the dealer that you are working with is most likely marking your car's money factor up to add additional back-end profit to your deal. You should be able to get them to lease you this car using the base money factor if you confront them with AFS' factor.
 
Most banks that lease luxury vehicles give lessees the option to make multiple security deposits on vehicles. These banks hold onto your additional deposits for the duration of your lease. They do not pay you interest on your deposit, but instead they reduce the money factor that is used to calculate the interest portion of your lease payment by a certain amount for each additional deposit.
 
Car_man
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#401 of 2177
Re: CARMAN - Re: Money Factor & Residual A4 2.0T FrontTrak CVT [edwardsf] by Car_man HOST
Jan 18, 2006 (8:42 am)
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Replying to: edwardsf (Jan 14, 2006 3:09 pm)

Hi edwardsf. Dealers definitely CAN change vehicles' lease money factors by marking them up to add additional profit to deals, but they CANNOT alter banks' published residual values.
 
Car_man
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#402 of 2177
Re: REPLY:CARMAN What is FAIR?? [skenterprises] by Car_man HOST
Jan 18, 2006 (8:45 am)
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Replying to: skenterprises (Jan 15, 2006 8:59 am)

You're very welcome, skenterprises. The main difference between Audi Financial Services' lease and balloon note programs, other than the differences that I mentioned earlier, is that it uses money factors to calculate the interest portion of lease payments and interest rates to calculate the interest portion of balloon note payments. Your option to purchase your leased vehicle should be about the same, regardless of whether you lease or get a balloon note on it. I don't believe that multiple security deposits are available on balloon notes, but I am not positive that this is the case. You will have to ask your dealer to find out for certain.
 
Car_man
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#403 of 2177
Re: Lease Question [aka5] by Car_man HOST
Jan 18, 2006 (8:46 am)
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Replying to: aka5 (Jan 16, 2006 10:32 am)

No problem, aka5. Thanks for offering to let us all know how things turn out.
 
Car_man
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#404 of 2177
Re: CARMAN - Re: Money Factor & Residual A4 2.0T FrontTrak CVT [Car_man] by edwardsf
Jan 18, 2006 (3:11 pm)
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Replying to: Car_man (Jan 18, 2006 8:42 am)

Thanks, you da (Car)man. Regarding AFS's current deals:
 
1) 24 month. You cited the AFS MF (.00080) and the Residual (69% - CVT or 70% - Quattro). So given that the dealer can mess with anything but the residual, does this mean that they can move the MF up or down and then add a down payment on to that?
 
2) Regarding the down payment (e.g. $999 for the 36 month lease), can I tell them that I will gladly pay a MSD of $999, instead of a down payment? My understanding is both will reduce the monthly payment but I actually get back the MSD at then end of the lease!
#405 of 2177
Re: Lease Question [Car_man] by aka5
Jan 19, 2006 (11:15 am)
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Replying to: Car_man (Jan 18, 2006 8:46 am)

Hi Car man,
I spoke with the car salesman today! He told me the car will be here in February. When i signed for the car it was $36,987(buying price) A4 white,sunroof pckg Quattro,tiptronic,tech + bluetooth and nav. Out of pocket $2200 put down in order to get monthly payment down to $433 incl 7% tax (FL.)At the time the MF was 1.39,residual 75%, 12,000 miles per year but thinking about doing it on 15,000 per year, 2 yr lease. Is this right? Also if i do it on 15,000 miles per year how much would the monthly payment be please? I have an Audi A4 1999 White Quattro,tiptronic,52,500 miles,one previous owner,transferable warranty,leather ,tape + 10 disc CD. Full maintenance history,done by Audi and new turbo done by Audi too,new tyres too. I have really looked after this car. I put it in Auto trader for $11,500 but if it comes down to trading it in, how nmuch do you think i should get for it, please Car man? I know this is a lot of info to ask for and you are very very busy but help me out please Car man.

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