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Audi A4 Lease Questions

2087 messages,  Last post on Aug 17, 2008 at 6:11 PM

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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#517 of 2087
Car_man, need your assistance by 2volkswagens
Mar 25, 2006 (8:18 pm)
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Replying to: Car_man (Sep 12, 2005 4:03 am)

I really appreciate this site and I need some help. This is the first time I have looked into leasing and want to make sure I'm not getting ripped.
06 A4 AT Quattro
S-Line Pkg
Premium Pkg
Sunroof Pkg
Tech Pkg
Audio Pkg
$43900 MSRP
 
With $6k down, 36 mo/20k mile lease, I was offered a monthly payment of $540/mo. Residual is $22,3xx. When I asked about the money factor, the salesman said it was equiv. to 1.9%. Is this a good deal?
 
One of my other concerns is mileage. As you see the deal was figured at 20,000 miles, I'm not sure even that's enough. This part will be a family decision. I don't want to not drive my new car because I can't put miles on it. Really defeats the purpose of buying a new car.
 
As I said, I have no real experience with leasing and while we really like the car and our first experience at the dealership, I can't stand getting ripped off. I have no problem with the dealership making a profit but...
 
Again, thanks for the site and everyone's input.
 
Regards,
John
#518 of 2087
Re: Car_man, need your assistance [2volkswagens] by dino001
Mar 27, 2006 (12:12 pm)
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Replying to: 2volkswagens (Mar 25, 2006 8:18 pm)

Why are you putting so much down? It does not affect the rate and you risk losing it all in case of a total. Rather than that put the money in money market account, draw from it for your higher payments and pocket the interest yourself.
#519 of 2087
Is this normal ? by smh1
Mar 27, 2006 (12:25 pm)
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I negotiated a price with Clair Audi in MA. They have an '06 A4 Avant with the options I'm looking for (Premium, sunroof, Audio). They offered it 600 over invoice. About $512 with tax for a 36 months/12K lease.
The only thing is that it had 140 miles on it already. Does anyone know if thats normal mileage for a new car the dealership ? They mentioned that it was a dealer swap from RI and thats the reason for the "high" milage.
They are willing to bring the price down to $500 over the invoice ?
Is this a good deal ?
#520 of 2087
Audi A4 2.0T by audifan4
Mar 27, 2006 (1:39 pm)
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what are your thoughts on a premier purchase w/ balloon((residual amount)) on the back end. i'm told i have 3 options once i fullfill my 36 month term; payoff baloon upfront, refinance balloon ((residual))of $19,773 ((56))
 or walk away all together w/ no penalty. How is the different from a lease other than the title being in my name vs. the leasing company? I'm looking at a Black Audi A4, 2.0T, Black leather, 6 speed, Premium Audio (bose) w/ Siries sattelite radio, premium package, sunroof package for selling price of $33,726.00, i'm told $500 over cost, I am trading my Audi A4 3.0 in 10 months early and i have $3,000 negative equity in the deal. I also live in MD and there is a $1,686.30 sales tax. Do you think this is a good deal?
#521 of 2087
is this a good money factor for A4 2.0T by audifan4
Mar 27, 2006 (1:49 pm)
Reply
36 months, 15K miles, adjusted capcost of $39,385 includes salestax of $1,686 and negative equity of $3,000 on previous car.
 
moneyfactor is .00205
monthly payment of $666.06 for 36 months w/ zero down
#522 of 2087
latest rates by tbest
Mar 27, 2006 (2:10 pm)
Reply
I am getting ready to lease a 06 A4 QMT with sunroof, tech, premium, s-line for 36 or 39 months 10k miles/year.
What money factor and residual % should I expect?
#523 of 2087
Re: Is this normal ? [smh1] by rsamerica1
Mar 27, 2006 (7:28 pm)
Reply

Replying to: smh1 (Mar 27, 2006 12:25 pm)

Not bad. I picked up our '06 2.0T Avant last month for $34,900 which was about $500 over invoice and about $1800 off MSRP.
#524 of 2087
Re: Getting started..... [bstime] by Car_man HOST
Mar 28, 2006 (5:28 am)
Reply

Replying to: bstime (Mar 03, 2006 7:45 am)

Thanks bstime . You're right, I don't get much sleep. Isn't that why they invented caffeine? I think that I would save myself some time if I just got a caffeine IV instead of drinking as much coffee and soda as I do .
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#525 of 2087
Re: Lease Rates of March [mnoker] by Car_man HOST
Mar 28, 2006 (5:31 am)
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Replying to: mnoker (Mar 03, 2006 11:41 am)

I have seen this car's March lease program, mnoker. Its exact money factor and residual value will vary depending upon how long you lease it for and how many miles per year you are allowed to drive it. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. OK, if you were to lease a 2006 Audi A4 2.0T Sedan with quattro through Audi Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00080 and 56%, respectively.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#526 of 2087
Re: Please Help with New Lease [teepeesf] by Car_man HOST
Mar 28, 2006 (5:40 am)
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Replying to: teepeesf (Mar 06, 2006 4:27 pm)

Welcome teepeesf. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
Let's take a look at your deal. A base 2006 Audi A4 3.2 Avant with an automatic transmission has a spread of just over $2,700 between its full MSRP and dealer invoice prices. You are being given a $2,044 discount on the vehicle that you are interested in. This price looks reasonable to me. You may want to stop by the following discussion to see how much other community members have recently paid for similar vehicles though: "Audi A4: Prices Paid & Buying Experience".
 
The money factor that you were quoted for this car is right in line with Audi Financial Services current lease program for it. Using the prices that you me mentioned in your post, and AFS current lease program, I come up with a zero down, pre-tax monthly payment of around $472. So something about the payment that you were quoted is a little off. If it includes tax, that would account for a large part of the difference.
 
Car_man
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Smart Shopper / Prices Paid Forums

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