Last post on Dec 02, 2013 at 6:32 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Audi A4, Car Leasing, Sedan, Wagon
#4344 of 4419 August Lease MF and Residual
Aug 18, 2013 (12:41 pm)
Thank you for all you do to answer everyone's questions. It has been helpful as this is my first time leasing rather than buying a car.
I have had my credit approved by AFS (Tier A) and the dealer gave me the following numbers on the vehicle below.
2014 A4 Premium Plus
Audi MMI Navigation plus package
Bang & Olufsen
Net Cap: $42,607
Money Factor: .0010600 (2.54% APR)
Does that seem correct?
Also, why the heck is the money factor so much higher on an A5? They offered a MF of .00172 (4.128% APR) with a residual of .55? Does that appear to be in the ballpark for an A5 P+ same options as the A4 above?
Thank you in advance for helping me out!!!
#4345 of 4419 Re: August Lease MF and Residual [vsaint]
by kyfdx@Edmunds HOST
Aug 18, 2013 (4:27 pm)
I'm sorry, but it doesn't look like we are going to have the Audi numbers for August.
#4346 of 4419 Re: August Lease MF and Residual [kyfdx@Edmunds]
Aug 18, 2013 (8:33 pm)
I have Googled a ton but I cannot seem to find the numbers for the A4 P+ or A5 P+ either.
So, is my best bet to just call a few dealerships and ask what the numbers will be for the month?
(I want to make sure that my dealer is not marking up the MF on either car.)
#4347 of 4419 Re: August Lease MF and Residual [vsaint]
Aug 19, 2013 (1:10 pm)
It's not the same car but I was quoted these MF & Residuals for an A4 Premium for August:
42mo/15K 0.00071 48%
36mo/15K 0.00051 52%
#4348 of 4419 Re: August Lease MF and Residual [jkipster]
Aug 21, 2013 (7:25 am)
Thank you for the additional information!
I am going to call some dealers today and I will post the information I receive to help anyone looking for August numbers on 2014 A4 Premium Plus sedans.
#4349 of 4419 Re: August Lease MF and Residual [vsaint]
Aug 21, 2013 (10:57 am)
I'm sorry, I just noticed that you're looking at 2014s. My numbers above are for 2013 A4 P.
The numbers for 2014 A4 P at 42mo/15K are 0.00096 and 52%.
#4350 of 4419 Re: August Lease MF and Residual [jkipster]
Aug 22, 2013 (5:47 am)
I made a few calls and one last call to my local dealer to confirm my suspicions.
My local dealer marked the MF up by .0003.
I am 95% sure that the Buy Rate (Base Rate) on a 2014 A4 P+ 36mo/15k is .00076.
So, since the MF was marked up when I asked if that was the lowest lease factor I could get, I am now going to shop to get the car I want on my terms. Oh well, so much for customer loyalty to the dealership where I bought my first one.
#4351 of 4419 Audi A4 Premium Lease
Aug 23, 2013 (1:53 pm)
I just left the Audi dealer. This is what I was offered:
10k Miles per year
$4k down payment which includes down payment, tax and first month
$431 per month
I think the down payment seems pretty high as I haven't seen anyone on this forum post such a high down payment. Any feedback would be appreciated.
#4352 of 4419 2014 A4 Premium Plus Lease
Aug 24, 2013 (4:54 pm)
I just secured this deal on a 2014 A4 Premium Plus with the help of Inside Car Buying and their DIY Dealer Report. MSRP of $44,195 with MMI Navigation and B&O Sound. 39 months and 12,000 miles per year. I was coming out of a 2011 Mercedes C300 so I got an extra $1,000 rebate for conquest. The monthly payment is $488.77 per month with $1,506.27 total at signing. The due at signing was 1st month, bank fee and DMV. I got the car for $2,120 behind invoice plus the $1,000 rebate.
I highly recommend this DIY Dealer Report service to anyone looking for a new. Makes the negotiating process so much easier and guarantees the best price or they can do the work for you.
#4353 of 4419 Re: 2014 A4 Premium Plus Lease [trainingfloor]
Aug 24, 2013 (5:56 pm)
sounds like a great deal, enjoy! Thank you for that DIY site, maybe I'll use them next year.