4290 messages,
Last post on May 23, 2013 at 6:12 PM
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Audi A4, Car Leasing, Sedan, Wagon
#4109 of 4290 Re: 2013 A4 prem plus prices? [miggsv17]
by thedjm
Jul 10, 2012 (1:00 pm)
So I was checking my audifs.com account page the other day and saw that the remainder of my lease term and contract amount was within my grasp to payoff. I also noticed this line item on the payoff page for a good sized chunk of the total:
Rebate Unearned Rent Charge:
'A portion of each of your scheduled payments is a rental charge. Paying off your lease early entitles you to receive a rebate for this amount'
Thinking this meant what it said, I contacted Audi and asked what my actual payoff would be, expecting it to be the "Scheduled payments not yet due" MINUS the "Rebate Unearned Rent Charge", which is essentially the finance charge on the term of the lease contract.
Come to find out, that doesn't mean what it says. What "Rebate Unearned Rent Charge" actually means, is:
'A portion of each of your scheduled payments is a rental charge. Converting your lease to a full purchase of the vehicle entitles you to receive a rebate for this amount'
Wondering of I just got some bunk info from the CSR on the other end of the line, I thought I'd run this past everyone here and see if they have any info before I call them back again and ask to talk to someone who can explain why the web page says what it does.
#4110 of 4290 Re: 2013 A4 prem plus prices? [thedjm]
by kyfdx HOST
Jul 10, 2012 (1:03 pm)
I think their interpretation is correct... By "payoff", they mean the payoff for buying the car, not for paying off the rest of your lease payments...
#4111 of 4290 Re: 2013 A4 prem plus prices? [kyfdx]
by thedjm
Jul 10, 2012 (2:33 pm)
That may be the case. Unfortunate that one can do a "one payment" lease and save the finance charges, but cannot prepay mid-term. This is of course different than a purchase where one can prepay at any point in the loan and forgo the remaining interest payments.
#4112 of 4290 2013 A4 Premium Quattro Lease Question
by geo22201
Jul 10, 2012 (5:54 pm)
Car_Guy,
I just leased a 2013 A4 Premium Plus Quattro and want to see if the deal was reasonable:
Traded-in (Dealer Paid off Net -$0.00) 2009 BMW 328i Sedan
$45,760.00 – Sticker
$43,067.00 – Lease Price
Plus:
$ 1,411.91 – Taxes
$ 93.50 – Registration
$ 399.00 – Doc Fee
$ 695.00 – Bank Fee
$ 800.00 – Audi Care
Less:
$ 1,500.00 Downpayment (including 1st month pmt of $ 669.99 and $ 803.01 Cap Cost Red.)
$ 45,635.40 Adjusted Cap Cost
Money Factor - .00254
Residual - 55%
Mileage Limit: 12,000/year
42 Month lease
669.99
What do you think?
#4113 of 4290 July Rates for FWD 2012 A4 Premium Sedan
by enzomb
Jul 13, 2012 (10:15 am)
Hi Carman,
Would you know the current 36-month money factor and residual value for the 2012 A4 Premium FWD sedan? I don't think I'll need more than 10K or 12K miles/ year.
Thanks!
#4114 of 4290 Re: July Allroad Numbers [bartleby2]
by Car_man HOST
Jul 15, 2012 (12:07 pm)
Hi bartleby2. Audi Financial Services' July buy rate lease money factor and residual value for a 42-month lease of a 2012 allroad Premium Plus with 10,000 miles per year are .00150 and 55%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of an allroad Prestige are .00150 and 52%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#4115 of 4290 Re: 2013 A4 Premium Quattro Lease Question [geo22201]
by Car_man HOST
Jul 15, 2012 (12:11 pm)
Hi geo22201. I don't have a problem with this car's selling price but Wow the money factor that you were quoted is really high. If your credit is in good shape, you should be able to get a factor that's practically half that...OK, not half .00136 but pretty darn close. Make sure to get that straightened out and you should be in good shape.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#4116 of 4290 Re: July Rates for FWD 2012 A4 Premium Sedan [enzomb]
by Car_man HOST
Jul 15, 2012 (12:14 pm)
Hi enzomb. Audi Financial Services' July buy rate lease money factor and residual value for a 36-month lease of a 2012 A4 Sedan Premium FWD with 12,000 mies per year are .00014 and 51%, respectively for consumers who qualify for its top credit tier.
The residual value for a lease with only 10,000 miles per year would be 1% higher.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#4117 of 4290 July rates for 2013 A4 Quattro
by nurse_salsa
Jul 15, 2012 (1:34 pm)
Hi Carman,
Do you have the July MF/residual on a 2013 A4 Quattro premium plus for 36 month lease with 12k and 15k miles?
Thanks!
#4118 of 4290 Re: 2013 A4 Premium Quattro Lease Question [Car_man]
by geo22201
Jul 19, 2012 (10:56 am)
How do you get this straightened out with the deal being done already? Through Audi? Should I get another lease company to buy out the lease?