Last post on Dec 08, 2013 at 7:26 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Audi A4, Car Leasing, Sedan, Wagon
#865 of 4423 Re: It's all about the rush...
Nov 18, 2006 (7:57 am)
I'm in a quandry, folks... PLease help. My lease on my 2003 330XI is up in 2/07. I love the car. Residual value is 22,800. I'm looking at the A4 lease deal for 24 months at 379.00/month. Resale value of the BMW is 28-30K. Any suggestions. Should I keep the BMW(I only have 29K miles) and buy it or lease the AUdi. I need to decide quickly as the lease deal is up 12/4.
#866 of 4423 Re: It's all about the rush... [edrn]
Nov 19, 2006 (11:45 am)
I am in the same boat, I have 530i but leased till april 13th and I will be paying at least $2,000 for extra miles
Anyway do the match with Cash outflows and incremental values. For instance, your sunk cost is monthly payment till 2/07, since you cannot avoid that cost, unless you can buy the car and sell it for a profit.
Will you get 28K/30K for 2003 BMW with 29k miles? I am getting $23,000 for my BMW530i with all options where as I have to buy the car for $28K - loss of 6k.
How long do you want to keep the BMW, if you want to buy it?
#867 of 4423 a4 lease- Is this any good?
Nov 20, 2006 (4:35 pm)
A4 2.0t quattro at $31540
premium package $800
wood trim $400
heated seats $450
Selling price $32532
These are the numbers the lease is based on.
The money factor is.00115
Monthly $383+ tax; 15k miles/year
There is no down payment, the only things due at signing will be the first payment, bank fee ($575) and title, plates and fees ($320)
1) Is the above deal any good? What other fators should I consider and how can I bring wn the price?
2) Are there any dealers selling below invoice? If so please let me know so that I can contact them.
Thanks in advance.
#868 of 4423 Re: its all about the rush [drjoed]
Nov 20, 2006 (5:21 pm)
Would you please DEALER share the contact info?
#871 of 4423 Re: its all about the rush [smanzur]
Nov 20, 2006 (8:58 pm)
smanzur, did u go to purdue? ur name sounds so similar to someone i knew back there...
#872 of 4423 Re: Car Man - Current lease specs for '07 A4 sedan fwd 2.0T [gophaster]
Nov 26, 2006 (4:44 am)
Your credit certainly is in good shape, gophaster. Here's the information about Audi's lease program that you're looking for. Audi Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2007 A4 2.0T FWD Sedan with 10,000 miles per year are .00115 and 75%, respectively. The numbers for an otherwise identical 36 month lease are .00115 and 61%. Let me know if you have any other questions.
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#873 of 4423 Re: How does this sound?.... [gophaster]
Nov 26, 2006 (4:45 am)
Hi again gophaster. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers 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 this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle 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 these numbers are.
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#874 of 4423 Re: MF and Residual breakdown?? [twnmango]
Nov 26, 2006 (4:48 am)
Hi twnmango. I don't believe that the addition of the S-Line package has any impact upon vehicles' money factors. It does lower vehicles' residual values by 2% though. The money factor that you mentioned is higher than Audi Financial Services' buy rate for a normal 2007 Audi A4 2.0T Avant with the S-Line package. AFS' current buy rate lease money factor and residual value for a 24 month lease of this vehicle with 15,000 miles per year are .00115 and 68%, respectively. Perhaps the dealer that you are working with is marking this vehicle's money factor up a little bit to make up for the fact that they are selling you this vehicle at invoice.
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