- #532 of 3147
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Re: Manual A4 quattro,Good deal or not? [jamawass]
by Car_man HOST
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Mar 29, 2006 (3:13 am)
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Replying to: jamawass (Mar 13, 2006 11:16 am)
Jamawass, Audi Financial Services' current buy rate lease money factor for a 36 month lease of a 2006 A4 3.2 Sedan with quattro is .00110.
Car_man
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- #533 of 3147
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Re: Audi 2.0T auto quattro Lease [uptempoballer]
by Car_man HOST
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Mar 29, 2006 (3:18 am)
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Replying to: uptempoballer (Mar 18, 2006 4:03 pm)
Hi uptempoballer. I'd say that the higher end of $500 to $1,000 sounds like an attainable price for this car, but I am not personally all that familiar with what the market is like for it right now. You may be able to get a better idea of how much you should pay by visiting the following discussion: "Audi A3: Prices Paid & Buying Experiences". The money factor that you were quoted for this car is way too high though. Audi Financial Services' current buy rate lease money factor for a 36 month lease of an '06 A4 2.0T Sedan with quattro is only .00080. It looks to me as though the dealer that you are working with is trying to mark your car's money factor up to add additional back-end profit to your deal. Make sure to insist that they use the buy rate to calculate your car's lease payment.
Car_man
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- #534 of 3147
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Re: Lease question [geckofrog]
by Car_man HOST
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Mar 29, 2006 (3:25 am)
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Replying to: geckofrog (Mar 21, 2006 1:14 pm)
Hello geckofrog. I'm surprised that the dealer you are working with would quoted you an interest rate rather than a money factor for the vehicle that you are interested in. I wonder if you are being put in a balloon note instead of a lease. Balloon notes are very similar to leases in that they provide consumers with low monthly payments and an option to buy their vehicles at the end of a certain period of time for a set price. One of the main differences between balloon notes and leases is that balloon notes use interest rates instead of money factors. I suppose that it is possible that this dealer converted your vehicle's money factor into an interest rate so that it is easier to understand. Audi Financial Services' current buy rate lease money factor for a 36 month lease of an '06 A4 2.0T Sedan without quattro is .00075. This is equivalent to an interest rate of around 1.8%. As you can see, this is much less than the rate you were quoted. It's possible that the dealer you are working with is trying to mark your car's money factor up to add additional hidden back-end profit to your deal. This sort of thing is perfectly legal and happens all the time, but can usually be avoided by consumers who know what their car's buy rate money factor is and insist that it is used to calculate their lease payment.
Car_man
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- #535 of 3147
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Re: Current A4 2.0 money factor rates [katmeat]
by Car_man HOST
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Mar 29, 2006 (3:26 am)
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Replying to: katmeat (Mar 21, 2006 5:53 pm)
Yes, you are being mislead, katmeat. Audi Financial Services' buy rate lease money factor for this car is .00080 for 24 to 36 month leases right now.
Car_man
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- #536 of 3147
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Re: Car_man, need your assistance [2volkswagens]
by Car_man HOST
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Mar 29, 2006 (3:29 am)
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Replying to: 2volkswagens (Mar 25, 2006 7:18 pm)
Greetings John. 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.
The firs thing that I notice about this deal is that you are considering making a $6,000 down payment. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your A4 would be exactly the same, regardless of whether you had put $6,000 down, or had made absolutely no down payment at all.
Also, you never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what this car's selling price is.
Car_man
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- #537 of 3147
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Re: is this a good money factor for A4 2.0T [audifan4]
by Car_man HOST
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Mar 29, 2006 (3:31 am)
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Replying to: audifan4 (Mar 27, 2006 12:49 pm)
No this is not a good money factor, audifan4. Audi Financial Services' current buy rate lease money factors for the 2006 A4 2.0T Sedan are .00080 for models with quattro and .00075 for models without it. It looks to me as though the dealer you are working with is attempting to mark-up your car's money factor quite a bit to add additional hidden profit to your deal.
Car_man
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- #538 of 3147
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Re: latest rates [tbest]
by Car_man HOST
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Mar 29, 2006 (3:33 am)
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Replying to: tbest (Mar 27, 2006 1:10 pm)
Hello tbest. If you were to lease a 2006 Audi A4 2.0T Sedan with quattro through Audi Financial Services right now for 36 months with 10,000 miles per year, its buy rate lease money factor and residual value should be .00080 and 59%, respectively. The numbers for an otherwise identical 39 month lease should be .00100 and 56%.
Car_man
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- #539 of 3147
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Re: question on MF [Car_man]
by cptsilver
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Mar 29, 2006 (10:54 am)
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Replying to: Car_man (Mar 28, 2006 5:01 am)
Thanks Car_man for your reply. Since I'm looking for a very particularly configured Avant, it looks like I need to special order. Now I understand that lease programs change frequently, so I have no idea what kind of deals I'll get when the car gets here. Do you have the slightest idea what the leases will be for A4 Avants in about 2-3 months? (that's when my car will probabley arrive) Is there some sort of pattern based on what's happened in the past? Thanks again, this is a great place for info!!
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- #540 of 3147
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Re: latest rates [Car_man]
by jvpr
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Mar 29, 2006 (11:45 am)
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Replying to: Car_man (Mar 29, 2006 3:33 am)
how strict is audi financial on beacons? would they approve a 650 beacon? what credit do they pull? im looking at an a4...
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- #541 of 3147
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Audi lease length
by kurtamaxxxguy
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Mar 29, 2006 (7:49 pm)
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Is there a general average for the durations of an Audi leases?
36 months seems to be mentioned here often.
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