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Prices Paid: Buying & Leasing Experiences Audi A4 Lease Questions
3140 messages, Last post on Dec 02, 2009 at 10:35 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: d_dietcoke (Apr 14, 2006 7:10 am) |
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Be careful if you plan to buy or lease from Leith Audi in Raleigh North Carolina. I had extremely bad experience with them and was robbed by them. They play all kinds of tricks. 1)They refuse to disclose the money factor and residual value to you, only stick to the monthly payment. I was told I could get 0.00064 MF and 65% residual value for a A4 2.0T Quattro with 24 month 15K miles per year lease. Then when I went to the dealershop and negotiated with the salesman, he refused to confirm the money factor and residual value saying he simply does not know and does not care. (They actually used 0.00080 0.65%instead.) 2)They changed the price they promised. They promised me a price of $35,200 (MSRP $36,985, Invoice $34,335) during negotiation. Then the salesperson told me to add $1,084 acquistion fee and other fees to the price. Then I learned that this $1084 is "Pure Dealer Profit". The acquisition fee is charged separately and not included in the price. So the final price is $36,284. Lessons Learned: 1)Never, Never trust the car salesman. They always tell lies and play tricks on you. 2)Insist on the details and breakdowns of any fee or charges, especially the money factor, residual value...etc. Do not assume anything. 3)Choose a better dealer
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Replying to: qyl (Apr 17, 2006 9:59 am) Something you need to know about leasing. A dealer CANNOT change the residual value of a car. That is SET by the bank and cannot be negotiated. It will depend on the term and how many miles per year you contract to drive. A 36mo /10k lease will have a different residual value than a 36 / 15k lease. If you look on the AUDIUSA.COM website, you can clearly see there is an aquisition fee on the A4 lease special. At the bottom of that lease add, you also see that any dealer fees will be added to that. Many dealers in the USA do have ducmentation fees they charge as dealer to handle all of your titling and DMV work. Some dealers may charge $100 - $400 or more as a Documentation Fee. It's up to the dealer to decide if they charge a documentation fee. 2006 A4 2.0 T quattro Sedan $369 per month 36-month lease* --------------------------------------------------- Down payment $999 Refundable security deposit NA Acquisition fee $575 First month's payment $369 --------------------------------------------------- Amount due at lease inception $1,943 Excludes taxes, title and dealer fees. See dealer for details.
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Replying to: rjlaero (Apr 17, 2006 12:39 pm) However, the trick is: 1)They agreed on the price of $35,200 but asked me to add $1,084 "fees". 2)Then they told me the $1,084 includes the acquisition fee and other fees. They lied about this $1,084 "fees". 3)Actually, they changed the price to $36,284 and I paid the acquisition fee and documentation fee on top of the $36,284 real price.
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Replying to: qyl (Apr 17, 2006 12:51 pm)
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Replying to: rjlaero (Apr 17, 2006 12:54 pm) |
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Replying to: mattzinzi (Apr 06, 2006 5:47 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: cvpacguy (Apr 06, 2006 6:12 pm) OK, I just did some checking and apparently Audi is waiving its security deposit requirement for this car in April. That means that its base factor would indeed be .00015 lower. Make sure to insist that the dealer you are working with waives this car's security deposit at no additional charge. Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: mkrez (Apr 06, 2006 6:21 pm) The money factor that you were quoted for this car is right in line with AFS buy rate for it right now. I don't know when I mentioned the higher factor that you are referring to, but Audi publishes a new lease program every month. Perhaps the one that you looked at is expired. I believe that I remember hearing that Massachusetts charges sales tax on vehicles' entire lease payments, but I am not intimately familiar with your state's taxation policy. You may want to check out the following sites to see if they have is any additional information on this subject: Massachusetts Registry of Motor Vehicles or Mass Department of Revenue. Don't let the fact that you are getting a good deal on this car scare you. You would really need to be scared if the dealer you are working with was trying to charge you full MSRP for it  . Car_man Host Smart Shopper / Prices Paid Forums |
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