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Audi A4 Lease Questions

2051 messages,  Last post on Jul 06, 2008 at 12:28 PM

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


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#519 of 2051
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 2051
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 2051
is this a good money factor for A4 2.0T by audifan4
Mar 27, 2006 (1:49 pm)
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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 2051
latest rates by tbest
Mar 27, 2006 (2:10 pm)
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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 2051
Re: Is this normal ? [smh1] by rsamerica1
Mar 27, 2006 (7:28 pm)
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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 2051
Re: Getting started..... [bstime] by Car_man HOST
Mar 28, 2006 (5:28 am)
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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 .
 
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#525 of 2051
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.
 
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#526 of 2051
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.
 
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#527 of 2051
Re: A4 2.0T Quattro Lease [jdwhittaker] by Car_man HOST
Mar 28, 2006 (5:48 am)
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Replying to: jdwhittaker (Mar 06, 2006 8:37 pm)

Welcome Dave. Since you are new to leasing, I'll provide you with the links that I just gave another leasing rookie: : 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. These articles are very informative and they are a must read for anyone who is considering leasing a vehicle, but does not completely understand how it works.
 
A base 2006 Audi A4 2.0T Sedan with quattro has a spread of a little over $2,200 between its full MSRP and dealer invoice price. The $1,000 discount that you are being given on this car is OK, but if you are in an area that has a decent level of competition for your business, I would not be surprised if you were able to beat this deal.
 
Audi Financial Services' current buy rate lease money factor and residual value for a 36 month, 10,000 miles per year lease of this car are .00080 and 59%, respectively. Make sure that the dealer you are working with uses these numbers to calculate your car's lease payment. It looks as though the dealer that you are working with may be trying to mark-up AFS' buy rate money factor to add a little hidden back-end profit to your deal.
 
Yes, vehicles' residual values are always based upon a percentage of their full MSRPs.
 
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#528 of 2051
Re: Please help - Audi A4 2.0 Lease Options [socalhelp] by Car_man HOST
Mar 28, 2006 (5:55 am)
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Replying to: socalhelp (Mar 06, 2006 11:05 pm)

Hello socalhelp. I haven't calculated lease payments on this car for both two and three year terms, but I suspect that your lease payment will be lower for three years. The lease payment is almost always lower for longer leases than it is for shorter ones because longer leases provide additional payments to spread vehicles' large initial depreciation hit out over. The exception to this rule is when a bank is trying to steer consumers to shorter lease terms by providing additional lease support on them. I do not believe that is currently the case with the A4. Audi Financial Services' current buy rate lease money factor for this car is .00080 for both 24 and 36 month terms. You cannot lease this car with a lower factor than this.
 
For feedback on how much you should pay for this car, stop by the following discussion: "Audi A4: Prices Paid & Buying Experience".
 
It is difficult to say what Audi's April lease program for this car will be like, but I suspect that it will be fairly similar to its current program.
 
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