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Prices Paid: Buying & Leasing Experiences Audi A4 Lease Questions
3146 messages, Last post on Dec 07, 2009 at 10:58 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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| Just closed deal for a 2006 A4 Cabriolet Aquamarine Blue - can't wait - dealers states has to be ordered and will take about 2 months. Included is the Premium Package and Parktronic. MSRP was $41,379 and I paid $39,500. Hopefully, I got a fair deal. My next question is how to negotiate a good lease deal. The dealer states that I should wait until delivery as Audi may have a better lease deal in the Winter. Is this true? Or should I try to negotiate now before the car is ordered. I live in NY and bought in NJ. | |
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Hey skenterprises. The first problem is that you never mentioned what model year Audi A4 you are interested in. I assumed that you wanted a 2005 A4, but you apparently want a 2006 model. This will make a big difference in its lease payment. Let's calculate a lease payment on the 2006 version of this car and see what we come up with. According to my calculations, if you were to lease a 2006 Audi A4 2.0T Sedan 2WD with an MSRP of $37,430 including destination and a selling price of $36,000 through Audi Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $471. Car_man Host Smart Shopper / Prices Paid Forums |
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Hello Christin. whoever told you that you really can't negotiate leases was dead wrong. The selling prices of leased vehicles can be negotiated just as if you were paying cash or financing. You never mentioned the selling price of the cars that you are interested in leasing. These are important numbers for you as a consumer to know. Without knowing the price of the cars that you want to lease you don't know how good a price you are getting them for. Also, vehicles' selling prices are necessary to calculate their lease payments. I would be more than happy to work up a sample lease payments on the cars that you are interested in for you if you let me know what their selling price are. Car_man Host Smart Shopper / Prices Paid Forums |
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Welcome vinayg1. 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. Individual dealers have nothing to gain when they are evaluating the condition of your vehicle at lease-end. Any excess mileage or excess wear and tear fees that they assess go straight to the bank that you were leasing your vehicle through. Many banks have switched from using dealers to evaluate vehicles' lease-end condition to using independent inspection companies anyhow. The exact guidelines that are used to determine what is excess wear and tear vary from bank to bank. In general though, most banks will not charge an excess wear penalty for a scratch or a ding that is smaller than the size of an ordinary credit card. Car_man Host Smart Shopper / Prices Paid Forums |
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I am glad to see that you have learned a lot from reading this discussion, cluelessinla. I would be happy to give you my opinion on the selling price that you were quoted for this car, but it would be a big help if you would tell me what its full MSRP (with the destination charge added in) is. This number will enable me to see what sort of a discount you are being given on it and will enable me to calculate a lease payment on it for you using Audi Financial Services' actual lease program if you would like. Something is not right about the lease money factor that you were quoted for this car though. Audi Financial Services' current buy rate lease money factor for a 36 month lease of a 2006 A4 3.2 Quattro Sedan should be only .00220. Are you having your car's security deposit or AFS' lease acquisition fee waived? If so, this might account for the difference in money factors. If not, the dealer that you are working with may be trying to mark-up your car's factor to add additional back-end profit to your deal. Your vehicle's capitalized cost will include any tax or state fees if you want to add them in. If not, you can pay them at lease signing. Car_man Host Smart Shopper / Prices Paid Forums |
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I would be happy to provide you with the money factor and residual value that are being used to arrive at Audi's advertised lease payment for this car, jblaze13. If you were to lease a 2006 Audi A4 2.0T Sedan with quattro through Audi Financial Services right now for 24 months with 10,000 miles per year, its buy rate lease money factor and residual value should be .00139 and an outstanding 76%, respectively. The residual value for an otherwise identical lease with 12,000 miles per year would drop to 75%. Manufacturers' advertised lease payments usually don't cut deals completely to the bone. If you comparison shop with a few dealers in your area, there is a decent chance that you will be able to beat this deal by a little. Car_man Host Smart Shopper / Prices Paid Forums |
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Hey vinayg1. So you want to know what the 24 month, 10,000 mile per year lease payment for a lease of a 2006 Audi A4 2.0T Sedan with quattro with an MSRP of $35,310 and a selling price of $34,000 should be like. I come up with $384. It is possible that Audi's advertised lease payment for this car in your area is based upon a lower selling price than this. Car_man Host Smart Shopper / Prices Paid Forums
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Congratulations on your new car schweikb. I would be happy to give you my opinion of this deal, however you never mentioned the selling price of your car is. 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. Car_man Host Smart Shopper / Prices Paid Forums |
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You're very welcome pablos. I am glad that you enjoy this discussion so much. Audi Financial Services' current 24 month buy rate lease money factor for the 2006 A4 2.0T quattro sedan is .00139. Unless you are having your car's security deposit or AFS lease acquisition fee waived, the dealer that you are working with is marking up your car's base money factor to add a little additional back-end profit to your deal. While this sort of thing is perfectly legal, it can often be avoided by consumers who know what their car's buy rate money factor is by calling out the dealer that they are working with or shopping around. the other negotiable aspect of your deal is your car's selling price. It looks as though you are being given around a $1,650 discount off of this car's MSRP. This sounds like a reasonable discount to me, but I am not intimately familiar with what the market is like for the 2006 Audi A4 right now. You may want to stop by the following discussion to see how much other community members have paid for similar vehicles recently: "Audi A4: Prices Paid & Buying Experience". Car_man Host Smart Shopper / Prices Paid Forums |
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Congratulations on your new car, chimay. Thanks for taking the time to share the details of your deal with everyone  . Car_man Host Smart Shopper / Prices Paid Forums |
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