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Audi A4 Lease Questions

2177 messages,  Last post on Oct 06, 2008 at 8:19 AM

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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#570 of 2177
Re: Be Careful of Leith Audi at Raleigh, NC: Extremely Bad Experience! [rjlaero] by qyl
Apr 17, 2006 (1:58 pm)
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Replying to: rjlaero (Apr 17, 2006 1:54 pm)

Total $1,118 including $600 monthly payment, $30 Wear&Tear protection, $79 Registration, $398 documentation fee, and $11 tax.
#572 of 2177
Re: 2006 Audi A4 2.0T Avant [mattzinzi] by Car_man HOST
Apr 17, 2006 (4:55 pm)
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Replying to: mattzinzi (Apr 06, 2006 6:47 pm)

Here you go, mattzinzi. If you were to lease a 2006 Audi A4 2.0T Avant through Audi Financial Services right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00064 and 65%, respectively. The numbers for an otherwise identical 36 month lease should be .00064 and 54%. The numbers for an otherwise identical 39 month lease should be .00084 and 51%. I haven't seen this car's 42 month numbers. If you were to lease it with 12,000 miles per year, its residual values would be 2% higher. Its 10k residuals would be 3% higher.
 
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#573 of 2177
Re: 2006 Audi A4 2.0T with CVT [cvpacguy] by Car_man HOST
Apr 17, 2006 (5:02 pm)
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Replying to: cvpacguy (Apr 06, 2006 7:12 pm)

Hi cvpacguy. The numbers that you were quoted for this car are actually right on the money. The money factor that you were quoted assumes that you want to have your car's security deposit waived. If you don't mind paying a security deposit at lease signing that is equivalent to your car's monthly payment rounded up to the nearest $25 increment (you will get this money back at lease-end if your car is in good shape and not over your mileage allowance), this car's factor would be .00015 lower.
 
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.
 
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#574 of 2177
Re: Audi A4: Lease Questions [mkrez] by Car_man HOST
Apr 17, 2006 (5:17 pm)
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Replying to: mkrez (Apr 06, 2006 7:21 pm)

Hey mkrez. At lease signing, Audi Financial Services requires lessees to pay their vehicle's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 increment (though I believe that it is waiving its security deposit requirement on this car right now), its $575 acquisition fee, and any required state taxes or fees.
 
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 .
 
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#575 of 2177
Re: April Lease Rates for an Audi S4 [bimmer12] by Car_man HOST
Apr 18, 2006 (2:29 am)
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Replying to: bimmer12 (Apr 07, 2006 4:11 pm)

You're very welcome, bimmer12.
 
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#576 of 2177
Re: Current A4 2.0 money factor rates [qyl] by Car_man HOST
Apr 18, 2006 (2:33 am)
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Replying to: qyl (Apr 08, 2006 8:16 pm)

Hello qyl. If you were to lease a 2006 Audi A4 2.0T quattro Sedan through Audi Financial Services right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00043 and 65%, respectively.
 
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#577 of 2177
Re: Good quote? [playc3] by Car_man HOST
Apr 18, 2006 (2:34 am)
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Replying to: playc3 (Apr 09, 2006 12:23 pm)

Welcome playc3. 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.
 
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#578 of 2177
Re: 2006 A4 1.8T Cabriolet - Good Deal? [packyb] by Car_man HOST
Apr 18, 2006 (2:38 am)
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Replying to: packyb (Apr 12, 2006 11:11 pm)

Greetings packyb. Let me begin by saying that you definitely do not want to make a $4,000 down payment on this lease. 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 $4,000 down, or had made absolutely no down payment at all.
 
In your post, you mentioned that the Cabrio that you are considering leasing has a retail price of $43,160. By this I assume that you mean that this is its MSRP. If so, 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 its selling price is.
 
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#579 of 2177
Re: how does this sound? i would like some feedback [studlee] by Car_man HOST
Apr 18, 2006 (2:46 am)
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Replying to: studlee (Apr 15, 2006 6:04 pm)

Hi studlee. A base 2006 Audi A4 2.0T Sedan with quattro has a spread of You are being quoted a discount of $2,225 between its full MSRP and dealer invoice prices. You were quoted a discount of $1,285 on the specific car that you are considering. Given the fact that you are looking at a fairly loaded car, if you are in an area where there is a decent level of competition I would not be surprised if you were able to negotiate a lower selling price. For additional feedback on how much you should pay for this car right now, try stopping by the following discussion: "Audi A4: Prices Paid & Buying Experience".
 
Another problem that I have with this deal is the money factor that you were quoted is too high. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month, 15,000 mile per year lease of this car are .00043 and 54%. It looks as though the dealer that you are working with is attempting 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 money factor.
 
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